Saratoga Investment (SAR) Stock Price, News & Analysis

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Saratoga Investment in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SAR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SAR, but not buy additional shares or sell existing shares.
View SAR analyst ratings or view top-rated stocks.

5 analysts have issued 12 month price targets for Saratoga Investment's stock. Their SAR share price targets range from $24.75 to $28.00. On average, they anticipate the company's stock price to reach $26.75 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price.
View analysts price targets for SAR or view top-rated stocks among Wall Street analysts.

Saratoga Investment's stock was trading at $25.86 at the beginning of 2024. Since then, SAR shares have decreased by 12.4% and is now trading at $22.66.
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Saratoga Investment saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 89,000 shares, an increase of 89.4% from the March 15th total of 47,000 shares. Based on an average daily volume of 99,100 shares, the short-interest ratio is presently 0.9 days.
View Saratoga Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our SAR earnings forecast.

Saratoga Investment will be holding an earnings conference call on Tuesday, May 7th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Saratoga Investment Corp. (NYSE:SAR) announced its earnings results on Wednesday, January, 10th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.06 by $0.05. The financial services provider earned $36.34 million during the quarter, compared to analyst estimates of $36.11 million. Saratoga Investment had a net margin of 16.45% and a trailing twelve-month return on equity of 14.43%. During the same quarter in the previous year, the company earned $0.77 earnings per share.

Saratoga Investment declared a quarterly dividend on Thursday, February 15th. Investors of record on Wednesday, March 13th will be given a dividend of $0.73 per share on Thursday, March 28th. This represents a $2.92 annualized dividend and a dividend yield of 12.89%. The ex-dividend date is Tuesday, March 12th. This is a positive change from the stock's previous quarterly dividend of $0.72.
Read our dividend analysis for SAR.

Saratoga Investment (NYSE:SAR) pays an annual dividend of $2.92 per share and currently has a dividend yield of 12.65%. SAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 150.52%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, SAR will have a dividend payout ratio of 79.56% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for SAR.

ETFs with the largest weight of Saratoga Investment (NYSE:SAR) stock in their portfolio include Virtus Private Credit Strategy ETF (VPC).Putnam BDC Income ETF (PBDC).

4 employees have rated Saratoga Investment Chief Executive Officer Guy T. Kuster on Glassdoor.com. Guy T. Kuster has an approval rating of 61% among the company's employees. This puts Guy T. Kuster in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Saratoga Investment investors own include Energy Transfer (ET), Annaly Capital Management (NLY), New Residential Investment (NRZ), NGL Energy Partners (NGL), AT&T (T), Enterprise Products Partners (EPD), Ares Capital (ARCC), AGNC Investment (AGNC), Chimera Investment (CIM) and Alliance Resource Partners (ARLP).

Saratoga Investment's stock is owned by many different institutional and retail investors. Top institutional investors include Wealthcare Advisory Partners LLC (0.22%). Insiders that own company stock include Christian L Oberbeck and Steven M Looney.
View institutional ownership trends.

Shares of SAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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