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SAR Stock Chart & Stats
$18.94
$0.48(2.53%)
At close: 4:00 PM EDT
$18.94
$0.48(2.53%)
Day’s Range― - ―
52-Week Range$17.34 - $25.64
Previous CloseN/A
Volume108.35K
Average Volume (3M)171.02K
Market Cap
$311.53M
Enterprise Value$1.07B
Total Cash (Recent Filing)$60.81M
Total Debt (Recent Filing)$590.00M
Price to Earnings (P/E)19.1
Beta0.54
Next Earnings
Oct 13, 2026EPS Estimate
0.49Next Dividend Ex-DateN/A
Dividend Yield15.71%
Share Statistics
EPS (TTM)1.00
Shares Outstanding16,310,600
10 Day Avg. Volume183,621
30 Day Avg. Volume171,019
Financial Highlights & Ratios
PEG Ratio0.70
Price to Book (P/B)0.93
Price to Sales (P/S)3.70
P/FCF Ratio-4.17
Enterprise Value/Market Cap3.42
Enterprise Value/Revenue10.59
Enterprise Value/Gross Profit18.71
Enterprise Value/Ebitda22.87
Forecast
1Y Price Target
$22.00Price Target Upside16.16% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)2.25
Revenue Forecast (FY)$125.69M
Bulls Say, Bears Say
Bulls Say
Strong Liquidity / Deployment CapacityLarge available liquidity ($197M) and ~17% internal capacity materially reduce refinancing risk and enable selective opportunistic originations. Over 2–6 months this supports disciplined asset growth, avoids costly external funding, and preserves optionality to improve portfolio yields.
Conservative Portfolio Composition And Low Non‑AccrualsHigh first‑lien mix, low non‑accruals and broad diversification point to stronger loss protection and stable cash flows. Structurally, this reduces downside volatility and supports recovery prospects across economic cycles, preserving NAV and interest income durability.
Positive AUM Growth And Originations MomentumConsistent net originations and modest AUM growth indicate management's ability to source and deploy loans even amid tighter spreads. This steady origination pipeline supports medium‑term interest income and fee generation, reducing reliance on portfolio runoff for growth.
Bears Say
Elevated LeverageA structurally elevated debt profile increases earnings sensitivity to rate and spread moves and amplifies NAV volatility from markdowns. Over months, high leverage limits strategic flexibility, raises refinancing needs, and can force asset sales if liquidity tightens.
Weak Cash GenerationPersistent negative operating and free cash flow undermines internal funding for dividends and reinvestment, increasing reliance on external facilities or capital markets. This structural cash weakness raises execution risk and constrains capital allocation over the next several quarters.
Declining NII And Dividend Coverage GapSustained NII compression and under‑earning the dividend indicate structural yield pressure from tighter spreads and lower base rates. Absent material yield improvement, this gap risks dividend reductions, NAV erosion, or reliance on retained capital, impacting shareholder returns over months.
Saratoga Investment News
SAR FAQ
What was Saratoga Investment’s price range in the past 12 months?
Saratoga Investment lowest stock price was $17.34 and its highest was $25.64 in the past 12 months.
What is Saratoga Investment’s market cap?
Saratoga Investment’s market cap is $311.53M.
When is Saratoga Investment’s upcoming earnings report date?
Saratoga Investment’s upcoming earnings report date is Oct 13, 2026 which is in 69 days.
How were Saratoga Investment’s earnings last quarter?
Saratoga Investment released its earnings results on Jul 07, 2026. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.558 by -$0.088.
Is Saratoga Investment overvalued?
According to Wall Street analysts Saratoga Investment’s price is currently Undervalued.
Does Saratoga Investment pay dividends?
Saratoga Investment pays a Monthly dividend of $0.25 which represents an annual dividend yield of 15.71%. See more information on Saratoga Investment dividends here
What is Saratoga Investment’s EPS estimate?
Saratoga Investment’s EPS estimate is 0.49.
How many shares outstanding does Saratoga Investment have?
Saratoga Investment has 16,310,600 shares outstanding.
What happened to Saratoga Investment’s price movement after its last earnings report?
Saratoga Investment reported an EPS of $0.47 in its last earnings report, missing expectations of $0.558. Following the earnings report the stock price went down -14.095%.
Which hedge fund is a major shareholder of Saratoga Investment?
Currently, no hedge funds are holding shares in SAR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Saratoga Investment Stock Smart Score
Underperform
1
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5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$22.00 (16.16% Upside)
$22.00 (16.16% Upside)
Blogger Sentiment
Neutral
SAR Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 398.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 5.2%
Last 30 Days ▼ 5.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-11.60%
12-Months-Change
Fundamentals
Return on Equity
15.71%
Trailing 12-Months
Asset Growth
-0.40%
Trailing 12-Months
Company Description
Saratoga Investment
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. The fund 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 fund 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. The fund seeks to invest in the United States. The fund primarily invests between $60 million and $75 million in companies having EBITDA of $2 million or greater and revenues between $10 million and $150 million. It targets annual revenues between $8 and $250 million. The fund prefers to take a majority stake. The fund invests through direct lending as well as participation in loan syndicates.
SAR Company Deck
SAR Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
Balanced/Neutral. The call highlighted meaningful positives — AUM growth to $1.126B, robust deal flow and net originations, substantial liquidity ($197M), low nonaccruals (1.2% of cost), and ROE and total returns that outperform the BDC industry. However, material near‑term earnings and valuation pressures were also disclosed: adjusted NII declined significantly (‑25.1% YoY), NAV and NAV per share fell sequentially (NAV down 4.5%), the portfolio incurred $15.2M of markdowns including a full write‑off of Pepper Palace, and originations faced ~50 bps tighter spreads versus repaid assets. Management emphasizes disciplined underwriting, strong liquidity, and a path to close the dividend coverage gap, but the near‑term metrics show clear headwinds requiring monitoring.View all SAR earnings summariesSAR Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$22.00
▲(16.16% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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Ownership Overview
5.74% Insiders
0.02% Mutual Funds
1.93% Other Institutional Investors
91.20% Public Companies and
Individual Investors










