Saratoga Investment

Saratoga Investment Corp. is a specialty finance company, which engages in the provision of financing solutions. Its portfolio includes investments in leveraged loans issued by middle market companies. The company was founded on March 21, 2007 and is headquartered in New York, NY.

Earnings data Q4 2021

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Saratoga Investment Corp reports robust performance and strategic growth initiatives

Saratoga Investment Corp demonstrated strong financial performance with a notable rise in adjusted net investment income per share annually.
The company's prudent credit quality, strategic workforce planning, and ample investment capacity position them well for future growth.
While facing challenges with specific investments, Saratoga's proactive risk management and focus on talent acquisition present opportunities for value creation.
Strategic decision-making on capital utilization and investment opportunities will be crucial for Saratoga to navigate market dynamics and drive sustainable growth.

Saratoga Investment Corp. reports strong Q1 earnings amidst market challenges

Saratoga Investment Corp. demonstrated solid financial performance with increased income and strong credit quality, despite challenges in NAV and total return.
The company's strategic focus on existing portfolio companies and effective portfolio management are key strengths, while credit risk management and diversification remain critical areas to address.
Opportunities lie in leveraging financial flexibility for growth, actively managing challenged credits, and exploring a balanced mix of new and existing investments for enhanced returns.
Overall, Saratoga's performance reflects stability, prudent financial decisions, and a commitment to maximizing shareholder value through strategic portfolio management.

Saratoga Investment Corp. reports robust Q2 earnings and strategic growth outlook

Saratoga Investment Corp.'s Q2 2025 earnings call showcased strong financial performance, effective asset management, and a proactive approach to addressing challenges. With a focus on growth opportunities and risk mitigation strategies, the company remains well-positioned for continued success in the market.

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NEW YORK, NY , Dec. 05, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $52.5 million in aggregate principal amount of 8.125% unsecured notes due 2027 (the “Notes”).

Saratoga Investment Corp. Prices Public Offering of $52.5 Million 8.125% Notes Due 2027

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We have a lot of things to be thankful for this year, let's talk about them. I am seeing rising income, I have a wonderful community, and great guiding method.

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Saratoga Investment (SAR) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Saratoga Investment (SAR) Stock Jumps 5.6%: Will It Continue to Soar?

NEW YORK, Nov. 15, 2022 (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 quarterly dividend of $0.68 per share for the fiscal third quarter ended November 30, 2022, substantially increased from $0.54 per share in the prior fiscal second quarter. This dividend is payable on January 4, 2023, to all stockholders of record at the close of business on December 15, 2022.

Saratoga Investment Corp. Increases Quarterly Dividend by 26%, or $0.14, to $0.68 per Share for the Fiscal Third Quarter Ended November 30, 2022

As October 2022 comes to a close, we observe just one single ETD introduced during the month, maturing in 2027 and offering an 8% coupon. Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric.

Near-Shutdown Of Preferred Stock IPO Market, October 2022

Saratoga Investment (SAR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Saratoga Investment (SAR) Stock

The mean of analysts' price targets for Saratoga Investment (SAR) points to a 38.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 39% Upside in Saratoga Investment (SAR): Here's What You Should Know

NEW YORK, NY , Oct. 19, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (the “Company”) (NYSE: SAR) today announced that it has priced an underwritten public offering of $40.0 million in aggregate principal amount of 8.00% unsecured notes due 2027 (the “Notes”).

Saratoga Investment Corp. Prices Public Offering of $40.0 Million 8.00% Notes Due 2027

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We take a look at the action in BDCs through the first week of October and highlight some of the key themes we are watching. BDCs ended higher despite a weak finish.

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Saratoga Investment Corp (NYSE:SAR ) Q2 2023 Earnings Conference Call October 5, 2022 10:00 AM ET Company Participants Henri Steenkamp - Chief Financial and Compliance Officer Christian Oberbeck - Chairman and Chief Executive Officer Michael Grisius - Chief Investment Officer Conference Call Participants Robert Dodd - Raymond James Casey Alexander - Compass Point Mickey Schleien - Ladenburg Thalmann Erik Zwick - Hovde Group Operator Good morning, ladies and gentlemen. Thank you for standing by.

Saratoga Investment Corp (SAR) Q2 2023 Earnings Call Transcript

Saratoga Investment (SAR) delivered earnings and revenue surprises of 9.43% and 12.50%, respectively, for the quarter ended August 2022. Do the numbers hold clues to what lies ahead for the stock?

Saratoga Investment (SAR) Beats Q2 Earnings and Revenue Estimates

NEW YORK, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2023 fiscal second quarter.

Saratoga Investment Corp. Announces Fiscal Second Quarter 2023 Financial Results

NEW YORK, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that it has priced a $400 million CLO called Saratoga Investment Corp Senior Loan Fund 2022-1 Ltd. (“SLF 2022”) on September 30, 2022. SLF 2022 is a wholly owned subsidiary of Saratoga Senior Loan Fund I JV LLC (“SLF JV”), and under joint control and co-managed by Saratoga Investment and TJHA JV I LLC (“TJHA”). SLF JV was formed on October 26, 2021 for the purpose of making investments in a diversified portfolio of broadly syndicated first lien and second lien term loans or bonds in the primary and secondary markets.

Saratoga Investment Corp. Joint Venture Prices $400 million New CLO

NEW YORK, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that it has received notification from the Small Business Administration (the “SBA”) that the Company's application for a third Small Business Investment Company (“SBIC”) license has been approved.

Saratoga Investment Corp. Receives Approval of Third SBIC License Providing Up to $175 Million of Additional Growth Capital

NEW YORK, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended August 31, 2022, on October 4, 2022, after market close. A conference call to discuss the financial results will be held on October 5, 2022. Details for the conference call are provided below.

Saratoga Investment Corp. to Report Fiscal Second Quarter 2023 Financial Results and Hold Conference Call

NEW YORK, Aug. 29, 2022 (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 quarterly dividend of $0.54 per share for the fiscal second quarter ended August 31, 2022, payable on September 29, 2022, to all stockholders of record at the close of business on September 14, 2022.

Saratoga Investment Corp. Increases Quarterly Dividend by $0.01 to $0.54 per Share for the Fiscal Second Quarter Ended August 31, 2022

Saratoga invests in mostly first lien debt in the lower end of the US middle-market. It has some sector related risks as the macroeconomic environment worsens.

NAV Discounted Saratoga Investments Has AUM Growth Risk

Urges Stockholders to Reduce Solicitation Costs by Voting their Shares Immediately

Saratoga Investment Corp. Announces Distribution of Proxy Materials for its 2022 Annual Meeting of Stockholders

Blackstone Secured Lending Fund

We take a look at the action in BDCs through the first full week of July and highlight some of the key themes we are watching. BDCs had a good week, supported by a recovery in credit assets as well as a rise in short-term interest rates.

BDC Weekly Review: Next Recession Is Likely To Be Very Different

Saratoga Investment Corp (NYSE:SAR ) Q1 2023 Earnings Conference Call July 7, 2022 10:00 AM ET Company Participants Christian Oberbeck - Chairman, CEO & President Henri Steenkamp - CFO, Chief Compliance Officer, Treasurer and Secretary Michael Grisius - Chief Investment Officer Conference Call Participants Robert Dodd - Raymond James Operator Good morning, ladies and gentlemen. Thank you for standing by.

Saratoga Investment Corp (SAR) CEO Christian Oberbeck on Q1 2023 Results - Earnings Call Transcript

Saratoga Investment (SAR) delivered earnings and revenue surprises of -3.64% and 0.59%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

Saratoga Investment (SAR) Q1 Earnings and Revenues Miss Estimates

NEW YORK, July 06, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2023 fiscal first quarter.

Saratoga Investment Corp. Announces Fiscal First Quarter 2023 Financial Results

NEW YORK, June 23, 2022 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended May 31, 2022, on July 6, 2022, after market close. A conference call to discuss the financial results will be held on July 7, 2022. Details for the conference call are provided below.

Saratoga Investment Corp. to Report Fiscal First Quarter 2023 Financial Results and Hold Conference Call

Saratoga is a lender for middle market U.S. companies with fixed liabilities and variable rate assets. While well positioned for higher rates on the surface, the markets are riskier than most lenders.

Saratoga Investment: Well Positioned For Rate Increases, Maybe Not Employment Declines

Saratoga Investment has seen material share price weakness, driving its yield to an attractive level. It maintains solid portfolio fundamentals, with low leverage and strong credit quality.

News for Saratoga Investment ETF (SAR)