Saratoga Investment (SAR) – Analysts’ Weekly Ratings Updates

Saratoga Investment (NYSE: SAR) recently received a number of ratings updates from brokerages and research firms:

• 1/26/2025 – Saratoga Investment was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/18/2025 – Saratoga Investment was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/13/2025 – Saratoga Investment had its price target lowered by analysts at Compass Point from $26.25 to $25.25. They now have a “buy” rating on the stock.
• 1/10/2025 – Saratoga Investment was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

Saratoga Investment Stock Performance

Shares of SAR stock traded down $0.06 during trading hours on Friday, reaching $24.76. The company had a trading volume of 18,611 shares, compared to its average volume of 63,194. The business has a fifty day moving average price of $24.54 and a 200-day moving average price of $23.88. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.33 and a current ratio of 0.33. The firm has a market cap of $355.23 million, a PE ratio of 9.98 and a beta of 1.33. Saratoga Investment Corp. has a one year low of $21.56 and a one year high of $26.49.

Saratoga Investment (NYSE:SAR) last released its earnings results on Wednesday, January 8th. The financial services provider reported $0.90 EPS for the quarter, topping the consensus estimate of $0.82 by $0.08. Saratoga Investment had a net margin of 22.01% and a return on equity of 15.53%. Sell-side analysts predict that Saratoga Investment Corp. will post 3.93 earnings per share for the current fiscal year.

Saratoga Investment Announces Dividend

The company also recently declared a None dividend, which was paid on Thursday, December 19th. Stockholders of record on Wednesday, December 4th were issued a $1.09 dividend. This represents a dividend yield of 11.9%. The ex-dividend date of this dividend was Wednesday, December 4th. Saratoga Investment’s dividend payout ratio is currently 119.35%.

Hedge Funds Weigh In On Saratoga Investment

Institutional investors have recently bought and sold shares of the business. International Assets Investment Management LLC increased its holdings in shares of Saratoga Investment by 2,268.4% during the 3rd quarter. International Assets Investment Management LLC now owns 112,238 shares of the financial services provider’s stock valued at $2,603,000 after purchasing an additional 107,499 shares in the last quarter. Kovitz Investment Group Partners LLC purchased a new stake in Saratoga Investment in the 3rd quarter worth $1,450,000. Hennion & Walsh Asset Management Inc. increased its holdings in Saratoga Investment by 14.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 138,185 shares of the financial services provider’s stock worth $3,205,000 after acquiring an additional 17,379 shares in the last quarter. PVG Asset Management Corp acquired a new stake in Saratoga Investment during the 3rd quarter worth $236,000. Finally, Janney Montgomery Scott LLC acquired a new stake in Saratoga Investment during the 4th quarter worth $212,000. 19.09% of the stock is owned by hedge funds and other institutional investors.

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.