Saratoga Investment (NYSE:SAR) Receives Daily Coverage Optimism Rating of 0.07

Media coverage about Saratoga Investment (NYSE:SAR) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Saratoga Investment earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.8694954298426 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment’s rankings:

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SAR has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded Saratoga Investment from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 20th. National Securities reiterated a “neutral” rating and set a $24.00 target price (up previously from $23.00) on shares of Saratoga Investment in a research report on Friday, January 12th. ValuEngine upgraded Saratoga Investment from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Finally, B. Riley began coverage on Saratoga Investment in a research report on Tuesday. They issued a “buy” rating and a $23.50 price target on the stock. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $24.38.

Shares of SAR stock traded up $0.20 on Tuesday, reaching $20.79. The company’s stock had a trading volume of 5,590 shares, compared to its average volume of 16,281. Saratoga Investment has a 12 month low of $19.62 and a 12 month high of $22.99. The stock has a market cap of $131.02, a price-to-earnings ratio of 9.24 and a beta of 0.14. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.06 and a quick ratio of 0.06.

Saratoga Investment (NYSE:SAR) last announced its quarterly earnings results on Wednesday, January 10th. The financial services provider reported $0.54 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.01). The firm had revenue of $9.53 million for the quarter, compared to analysts’ expectations of $9.52 million. Saratoga Investment had a return on equity of 8.76% and a net margin of 36.37%. equities analysts predict that Saratoga Investment will post 2.12 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, March 26th. Stockholders of record on Wednesday, March 14th were paid a dividend of $0.50 per share. This is a positive change from Saratoga Investment’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend was Tuesday, March 13th. This represents a $2.00 annualized dividend and a dividend yield of 9.62%. Saratoga Investment’s payout ratio is 88.89%.

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Saratoga Investment Company Profile

Saratoga Investment Corp. is a specialty finance company. The Company is an externally managed, closed-end, non-diversified management investment company. The Company invests primarily in leveraged loans and mezzanine debt issued by private middle-market companies in the United States. Its investment objective is to generate current income and, to a lesser extent, capital appreciation from its investments.

Insider Buying and Selling by Quarter for Saratoga Investment (NYSE:SAR)

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