SAR Stock Overview
A business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
+ 1 more risk
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Saratoga Investment Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$23.71 |
| 52 Week High | US$26.49 |
| 52 Week Low | US$21.56 |
| Beta | 1.36 |
| 1 Month Change | -6.76% |
| 3 Month Change | 1.07% |
| 1 Year Change | -6.87% |
| 3 Year Change | -19.19% |
| 5 Year Change | -5.46% |
| Change since IPO | -83.93% |
Recent News & Updates
Recent updates
Saratoga Investment: 12% Yield That Is Not Worth The Risk
Oct 18Saratoga Investment Corp: 12% Yield, 13% Discount
Sep 20Saratoga Investment: The Leverage Remains A Concern
Jul 17Saratoga Investment Corp: The Good, The Bad, The Ugly
Jul 05Saratoga Investment Corp: Solid BDC But Lacks NAV Growth
May 16Saratoga Investment Corp: Collect A 12.4% Yield With This BDC, But Proceed With Caution
Apr 20Saratoga Investment Corp: The Leverage Is Too Excessive For Going Long
Mar 28Saratoga Investment (Down Big): 40+ Big-Yield BDCs Compared
Jan 31Saratoga Investment Corp: 12% Yield, 16% Discount, Buy Rating
Jan 21Saratoga Investment: Big Yield At Significant Discount
Dec 26Saratoga Investment Corp: 12% Yield, Strong Growth, Undervalued, Buy Rating
Oct 13Saratoga Investment: 11% Yield And Dividend Hiked But Leverage Elevated
Sep 29Saratoga Investment: A +10% Yield And Discount To NAV
Aug 02Saratoga Investment Corp: Solid Buy With Quality Capital Structure
Jul 02Saratoga Investment (NYSE:SAR) Is Increasing Its Dividend To $0.70
Jun 01
Saratoga Investment (NYSE:SAR) Will Pay A Larger Dividend Than Last Year At $0.69
Mar 03Saratoga Investment: Lock In A 10% Yield At A Discount
Jan 09Near-Shutdown Of Preferred Stock IPO Market, October 2022
Nov 04Saratoga Investment announces notes offering and rating of BBB+
Oct 19Saratoga Investment prices $400M CLO
Oct 03Saratoga Investment's (NYSE:SAR) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 01Saratoga Investment raises dividend by 2% to $0.54
Aug 29NAV Discounted Saratoga Investments Has AUM Growth Risk
Aug 23Saratoga Investment Q1 2023 Earnings Preview
Jul 05Saratoga Investment: Rip Through Inflation With This 9% Yield
Jun 20Saratoga: The Time Has Come, Execute Buy Order
Apr 05Saratoga: Well Diversified BDC But Has An Overstretched Payout Ratio
Dec 12Saratoga: 7.1% Yield, 5 Straight Dividend Bumps
Sep 04Shareholder Returns
| SAR | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | -1.3% | -6.4% | -4.0% |
| 1Y | -6.9% | 33.4% | 24.0% |
Return vs Industry: SAR underperformed the US Capital Markets industry which returned 33.4% over the past year.
Return vs Market: SAR underperformed the US Market which returned 24% over the past year.
Price Volatility
| SAR volatility | |
|---|---|
| SAR Average Weekly Movement | 3.0% |
| Capital Markets Industry Average Movement | 4.0% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: SAR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: SAR's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | n/a | Chris Oberbeck | www.saratogainvestmentcorp.com |
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity. The firm prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications.
Saratoga Investment Corp. Fundamentals Summary
| SAR fundamental statistics | |
|---|---|
| Market cap | US$324.59m |
| Earnings (TTM) | US$21.18m |
| Revenue (TTM) | US$155.26m |
15.4x
P/E Ratio2.1x
P/S RatioIs SAR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SAR income statement (TTM) | |
|---|---|
| Revenue | US$155.26m |
| Cost of Revenue | US$0 |
| Gross Profit | US$155.26m |
| Other Expenses | US$134.08m |
| Earnings | US$21.18m |
Last Reported Earnings
Aug 31, 2024
Next Earnings Date
Jan 08, 2025
| Earnings per share (EPS) | 1.53 |
| Gross Margin | 100.00% |
| Net Profit Margin | 13.64% |
| Debt/Equity Ratio | 221.1% |
How did SAR perform over the long term?
See historical performance and comparisonDividends
12.5%
Current Dividend Yield187%
Payout RatioDoes SAR pay a reliable dividends?
See SAR dividend history and benchmarks| Saratoga Investment dividend dates | |
|---|---|
| Ex Dividend Date | Dec 04 2024 |
| Dividend Pay Date | Dec 19 2024 |
| Days until Ex dividend | 16 days |
| Days until Dividend pay date | 1 day |
Does SAR pay a reliable dividends?
See SAR dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 00:14 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Saratoga Investment Corp. is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Zucker | Aegis Capital Corporation |
| Bryce Rowe | B. Riley Securities, Inc. |
| Bryce Rowe | B. Riley Wealth |