SAR

Saratoga Investment Corp
NYSEFINANCIAL SERVICESASSET MANAGEMENT

Key Statistics

Market Cap
$238.37M
P/E Ratio
—
EPS
$-0.28
Beta
0.62
52W High
$22.24
52W Low
$13.78
50-Day MA
$17.56
200-Day MA
$21.03
Dividend Yield
19.70%
Profit Margin
-3.35%
Forward P/E
11.68
PEG Ratio
0.00

About Saratoga Investment Corp

Saratoga Investment Corp (SAR) is a publicly traded business development company specializing in providing flexible debt and equity capital to middle-market enterprises across various sectors, including healthcare, technology, and consumer products. The firm employs a disciplined investment strategy that prioritizes comprehensive due diligence and risk management to safeguard capital while striving for optimal shareholder returns. With a robust portfolio management approach and a history of consistent dividend payouts, Saratoga offers institutional investors a compelling opportunity to enhance their exposure to alternative investments while benefiting from the growth potential inherent in the middle-market segment.

Official WebsiteUSAFY End: February

Fundamentals

Revenue (TTM)$124.72M
Gross Profit (TTM)$124.72M
EBITDA—
Operating Margin68.70%
Return on Equity-1.10%
Return on Assets4.38%
Revenue/Share (TTM)$7.71
Book Value$22.15
Price-to-Book0.74
Price-to-Sales (TTM)1.91
EV/Revenue38.27
EV/EBITDA—
Quarterly Earnings Growth (YoY)16.30%
Quarterly Revenue Growth (YoY)1.80%
Shares Outstanding$15.56M
Float$13.62M
% Insiders14.33%
% Institutions11.73%

Historical Volatility

HV 10-Day
37.44%
HV 20-Day
29.09%
HV 30-Day
25.52%
HV 60-Day
23.14%
HV Rank
69.0%

Volatility is currently expanding

Analyst Ratings

Consensus ($20.00 target)
1
Strong Buy
6
Hold

Latest News

Saratoga Investment Corp (SAR) Q2 2027 Earnings Call Transcript

Saratoga Investment Corp ( SAR ) Q2 2027 Earnings Call October 7, 2026 10:00 AM EDT Company Participants Henri Steenkamp - Chief Compliance Officer, Secretary, Treasurer, CFO & Director Christian Oberbeck - Chairman, President & CEO David DeSantis - COO, Portfolio Manager & Senior MD Conference Call Participants Erik Zwick - Lucid Capital Markets, LLC, Research Division Jason Stewart - Compass Point Research & Trading, LLC, Research Division Christopher Nolan - Ladenburg Thalmann & Co. Inc., Research Division Presentation Operator Good morning, ladies and gentlemen. Thank you for standing by.

Seeking Alpha10/7/2026Neutral
Saratoga Investment Q2 Earnings Call Highlights

Saratoga Investment NYSE: SAR reported fiscal second-quarter 2027 adjusted net investment income of $7.4 million, or $0.46 per share, as portfolio growth and a modest increase in base rates were offset by higher borrowing costs following recent refinancing activity.

MarketBeat10/7/2026Neutral
Saratoga Investment Corp. Prices Public Offering of Additional $20.08 Million 8.00% Notes Due 2031

NEW YORK, NY, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of an additional $20.08 million in aggregate principal amount of 8.00% unsecured notes due 2031 (NYSE: SAX) (the “Notes”). The Company has granted the underwriters an option to purchase up to an additional $3.0 million in aggregate principal amount of Notes.

GlobeNewsWire9/23/2026Neutral
Saratoga Investment Corp. Announces Offering of Additional 8.00% Notes due 2031

NEW YORK, NY, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of additional 8.00% Notes due 2031 (the “Notes”). The Notes are listed on the New York Stock Exchange under the trading symbol “SAX”.

GlobeNewsWire9/22/2026Neutral
Saratoga Investment Corp. Announces CFO Transition and New Leadership Appointments

NEW YORK, Sept. 18, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that Henri Steenkamp will step down from his position as Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary, effective October 31, 2026, for health-related reasons.

GlobeNewsWire9/18/2026Neutral
Saratoga Investment Corp. to Report Fiscal Second Quarter 2027 Financial Results and Hold Conference Call

NEW YORK, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended August 31, 2026, on Tuesday October 6, 2026, after market close. A conference call to discuss the financial results will be held on Wednesday October 7, 2026. Details for the conference call are provided below.

GlobeNewsWire9/17/2026Neutral
Saratoga Investment Corp. Declares Dividend of $0.75 Per Share for the Third Quarter of Fiscal 2027; Paid in Monthly Dividends of $0.25 Per Share

NEW YORK, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or the “Company”), a business development company, today announced that its Board of Directors has declared a base quarterly dividend of $0.75 per share in aggregate for the third quarter of fiscal 2027, paid in three monthly dividends as follows: Month Amount per Share Record Date Payment Date September 2026 $0.25 October 6, 2026 October 22, 2026 October 2026 $0.25 November 5, 2026 November 24, 2026 November 2026 $0.25 December 3, 2026 December 22, 2026 “Our board of directors approved an aggregated dividend for the third quarter of fiscal 2027 of $0.75 per share, paid in monthly dividends of $0.25 per share per month, unchanged from the prior quarter.

GlobeNewsWire9/9/2026Neutral
Saratoga Investment Corp. Announces Offering of Notes and BBB Investment Grade Rating from Egan-Jones Ratings Company

NEW YORK, NY, Aug. 18, 2026 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) announced the commencement of a registered public offering of unsecured notes (the “Notes”). The Company also announced that it has received an investment grade rating of “BBB” from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.

GlobeNewsWire8/18/2026Neutral
Saratoga Investment Q1 Earnings Call Highlights

Saratoga Investment NYSE: SAR reported higher assets under management and positive net originations for its fiscal first quarter 2027, while lower short-term rates, tighter spreads and higher borrowing costs weighed on net investment income and net asset value.

MarketBeat7/9/2026Positive

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Data last updated: 10/17/2026