SAR Stock Price, Saratoga Investment Corp Quote, Chart

Market Summary

USD23.88+0.57

Market Closed

2.45%

SAR Stock Price

View Fullscreen

SAR RSI Chart

SAR Valuation

Market Cap

326.0M

Price/Earnings (Trailing)

14.28

Price/Sales (Trailing)

382.83

Price/Free Cashflow

-3.14

SAR Price/Sales (Trailing)

SAR Profitability

Return on Equity

6.35%

Return on Assets

1.95%

Free Cashflow Yield

-31.9%

SAR Fundamentals

SAR Revenue

Rev. Growth (Yr)

38.4%

Rev. Growth (Qtr)

12.39%

SAR Earnings

Earnings (TTM)

22.8M

Earnings Growth (Yr)

-167.43%

Earnings Growth (Qtr)

-151.36%

Breaking Down SAR Revenue

Last 7 days

4.1%

Last 30 days

4.1%

Last 90 days

1.4%

Trailing 12 Months

-2.4%

How does SAR drawdown profile look like?

SAR Financial Health

SAR Investor Care

Shares Dilution (1Y)

14.83%

Diluted EPS (TTM)

1.92

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	0	0	0	0
2022	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Saratoga Investment Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 13, 2023	oberbeck christian l	gifted	-	-	6,708	ceo and director
Dec 13, 2023	oberbeck christian l	gifted	-	-	-11,180	ceo and director
Aug 16, 2023	oberbeck christian l	sold	-	-	-26,495	ceo, president and director
May 04, 2023	oberbeck christian l	bought	47,620	23.81	2,000	ceo, director and president
Mar 21, 2023	oberbeck christian l	sold	-	-	-100	ceo and director
Dec 06, 2022	oberbeck christian l	gifted	-	-	-379	ceo and director
Dec 05, 2022	oberbeck christian l	gifted	-	-	-10,520	ceo and director
Dec 05, 2022	oberbeck christian l	gifted	-	-	6,312	ceo and director
Oct 07, 2022	oberbeck christian l	sold	-	-	-256	ceo and director
Sep 27, 2022	oberbeck christian l	sold	-	-	-4,002	ceo and director

Which funds bought or sold SAR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	reduced	-11.68	-181,569	692,706	-%
Apr 17, 2024	Hennion & Walsh Asset Management, Inc.	added	1.75	-277,789	2,908,650	0.16%
Apr 16, 2024	Financial Management Professionals, Inc.	unchanged	-	-1,000	4,000	-%
Apr 16, 2024	Register Financial Advisors LLC	added	0.29	-15,082	135,305	0.07%
Apr 15, 2024	Wealthcare Advisory Partners LLC	new	-	709,962	709,962	0.02%
Apr 15, 2024	Next Level Private LLC	unchanged	-	-83,727	730,251	0.34%
Apr 15, 2024	PFS Partners, LLC	unchanged	-	-1,338	11,670	0.01%
Apr 15, 2024	MCDONALD PARTNERS LLC	unchanged	-	-53,923	470,385	0.13%
Apr 15, 2024	Sunbelt Securities, Inc.	unchanged	-	-13,519	117,902	0.01%
Mar 15, 2024	B. Riley Wealth Advisors, Inc.	added	2.11	6,422	240,666	0.01%

Are Funds Buying or Selling SAR?

Are funds buying SAR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SAR

No. of Funds

Unveiling Saratoga Investment Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	black diamond capital management, l.l.c.	0.0%	0	SC 13G/A
Feb 10, 2023	black diamond capital management, l.l.c.	8.0%	951,340	SC 13G/A
Feb 14, 2022	black diamond capital management, l.l.c.	8.6%	978,398	SC 13G/A

Recent SEC filings of Saratoga Investment Corp

View All Filings

Date Filed	Form Type	Document
Mar 28, 2024	8-K	Current Report
Mar 12, 2024	40-17G	40-17G
Feb 14, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to Saratoga Investment Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	113.5B	17.9B	-8.72%	15.04%	20.64	6.36	-0.08%	6.26%
BX	87.5B	8.0B	-6.48%	41.81%	62.9	10.9	-5.81%	-20.41%
BK	43.2B	20.6B	0.65%	36.40%	13.16	2.09	87.93%	27.71%
ARES	41.1B	3.6B	0.22%	60.06%	86.62	11.31	18.87%	183.11%
BEN	13.2B	7.9B	-9.55%	-6.12%	13.59	1.67	-1.81%	-3.56%
MID-CAP
IVZ	6.6B	5.7B	-10.76%	-14.80%	-19.76	1.15	-5.50%	-148.79%
AMG	5.3B	2.1B	-3.65%	13.18%	7.81	2.55	-11.67%	-41.28%
AB	3.9B	-	-3.22%	-3.67%	14.14	-	-	7.16%
CNS	3.5B	489.6M	-7.24%	18.80%	27.01	7.12	-13.63%	-24.55%
APAM	3.4B	1.0B	-7.86%	21.86%	14.61	3.36	6.21%	20.27%
AMK	2.5B	708.5M	-3.75%	9.49%	20.49	3.56	15.83%	19.23%
SMALL-CAP
PX	867.3M	241.7M	-10.86%	-26.04%	-126.03	3.59	21.87%	-123.56%
BSIG	863.5M	426.6M	-0.70%	-	13.12	2.02	2.25%	-34.59%
AINC	16.6M	746.8M	110.87%	-53.81%	-3.6	0.02	15.88%	-226.93%
AC	696.3K	25.3M	-0.86%	-14.47%	0.02	0.03	137.10%	176.58%

Saratoga Investment Corp News

Latest updates

Saratoga Investment Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2022Q4	2022Q3
Revenue	12.4%	36.00	32.00	29.00	26.00	19.00
Operating Expenses	2.9%	22.00	22.00	19.00	16.00	14.00
S&GA Expenses	41.3%	1.00	0.00	1.00	1.00	0.00
Interest Expenses	-20.1%	10.00	12.00	10.00	6.00	9.00
Income Taxes	192.7%	0.00	-0.24	0.00	-0.41	-0.23
Net Income	-151.4%	-4.06	8.00	-0.21	6.00	1.00
Net Income Margin	-	-	-	-	54.42*	-
Free Cashflow	-161.9%	-18.55	-7.08	-110	-22.46	-60.26

Balance Sheet

(In Millions)

Balance Sheet							(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q1
Assets	1.3%	1,172	1,156	1,146	1,078	1,039	973	876
Cash Equivalents	10.8%	21.00	19.00	22.00	66.00	47.00	13.00	53.00
Liabilities	2.3%	812	794	809	731	703	636	520
Shareholder's Equity	-0.7%	360	362	337	347	336	337	356
Retained Earnings	-82.4%	3.00	16.00	17.00	25.00	14.00	14.00	28.00
Additional Paid-In Capital	3.1%	357	346	321	322	322	323	328
Shares Outstanding	3.0%	13.00	13.00	12.00	12.00	12.00	12.00	12.00

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)											(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q1
Cashflow From Operations	-161.9%	-18,552	-7,082	-110,913	32,555	-22,463	-60,255	-80,210	-146,200	15,290	-	-
Cashflow From Financing	625.8%	17,146	2,362	67,990	16,473	56,864	-28,587	128,830	55,003	55,469	-	-
Dividend Payments	10.8%	8,428	7,603	7,135	6,781	5,282	5,282	5,320	5,319	4,872	-	-
Buy Backs	-100.0%	-	90*	2,158	1,224	2,180	3,686	3,734	50*	124	10*	1,144

SAR Income Statement

2023-11-30

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Nov. 30, 2023	Nov. 30, 2022	Nov. 30, 2023	Nov. 30, 2022
Interest income:
Non-control/Non-affiliate investments	$ 28,741,745	$ 19,549,044	$ 83,542,257	$ 49,597,660
Affiliate investments	1,165,585	1,914,800	2,799,735	4,287,449
Control investments	2,183,242	1,671,354	6,314,550	4,731,150
Payment-in-kind interest income:
Non-control/Non-affiliate investments	88,106	87,130	706,339	258,557
Affiliate investments	221,348	191,860	644,484	221,027
Control investments	258,729	102,720	542,581	260,161
Total interest from investments	32,658,755	23,516,908	94,549,946	59,356,004
Interest from cash and cash equivalents	521,574	200,258	1,864,956	235,410
Management fee income	819,929	818,254	2,453,967	2,451,242
Dividend Income	1,828,584	436,941	5,301,097	949,758
Structuring and advisory fee income	312,135	553,497	1,786,357	2,813,311
Other income	199,368	731,166	530,210	983,277
Total investment income	36,340,345	26,257,024	106,486,533	66,789,002
OPERATING EXPENSES
Interest and debt financing expenses	12,522,357	8,449,900	36,628,641	23,243,438
Base management fees	4,857,059	4,258,821	14,262,147	12,164,989
Incentive management fees expense	2,243,621	1,531,060	4,828,442	216,915
Professional fees	434,552	558,531	1,407,275	1,344,021
Administrator expenses	1,075,000	818,750	2,797,917	2,341,667
Insurance	81,002	89,187	244,804	266,723
Directors fees and expenses	80,729	80,000	280,797	300,000
General and administrative	660,062	525,202	1,957,906	1,492,063
Income tax expense (benefit)	219,900	68,136	(11,193)	(132,487)
Total operating expenses	22,174,282	16,379,587	62,396,736	41,237,329
NET INVESTMENT INCOME	14,166,063	9,877,437	44,089,797	25,551,673
Net realized gain (loss) from investments:
Non-control/Non-affiliate investments	60,565	(740,434)	151,256	7,365,913
Net realized gain (loss) from investments	60,565	(740,434)	151,256	7,365,913
Income tax (provision) benefit from realized gain on investments		479,318		548,568
Net change in unrealized appreciation (depreciation) on investments:
Non-control/Non-affiliate investments	(1,948,502)	2,082,634	(15,334,087)	(12,430,125)
Affiliate investments	(1,084,259)	693,483	(1,289,895)	3,861,523
Control investments	(14,833,592)	(5,952,325)	(23,302,249)	(17,199,511)
Net change in unrealized appreciation (depreciation) on investments	(17,866,353)	(3,176,208)	(39,926,231)	(25,768,113)
Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments	(415,894)	(425,848)	(577,693)	(1,017,953)
Net realized and unrealized gain (loss) on investments	(18,221,682)	(3,863,172)	(40,352,668)	(18,871,585)
Realized losses on extinguishment of debt			(110,056)	(1,204,809)
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$ (4,055,619)	$ 6,014,265	$ 3,627,073	$ 5,475,279
WEIGHTED AVERAGE - BASIC AND DILUTED EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)	$ (0.31)	$ 0.51	$ 0.29	$ 0.46
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC (in Shares)	13,052,896	11,893,173	12,355,815	11,989,811

About Saratoga Investment Corp

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. The firm 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. It seeks to invest in the United States. The firm primarily invests $5 million to $50 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $250 million. The firm prefer to take a majority stake. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. was formed on 2007 and is based in New York, New York with an additional office in Florham Park, New Jersey.

0

CEO	Mr. Christian L. Oberbeck
WEBSITE	saratogainvestmentcorp.com
INDUSTRY	Asset Management

Saratoga Investment Corp Frequently Asked Questions

What is the ticker symbol for Saratoga Investment Corp? What does SAR stand for in stocks?

SAR is the stock ticker symbol of Saratoga Investment Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Saratoga Investment Corp (SAR)?

As of Fri Apr 26 2024, market cap of Saratoga Investment Corp is 326.05 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SAR stock?

You can check SAR's fair value in chart for subscribers.

What is the fair value of SAR stock?

You can check SAR's fair value in chart for subscribers. The fair value of Saratoga Investment Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Saratoga Investment Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SAR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Saratoga Investment Corp a good stock to buy?

The fair value guage provides a quick view whether SAR is over valued or under valued. Whether Saratoga Investment Corp is cheap or expensive depends on the assumptions which impact Saratoga Investment Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SAR.

What is Saratoga Investment Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, SAR's PE ratio (Price to Earnings) is 14.28 and Price to Sales (PS) ratio is 382.83. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SAR PE ratio will change depending on the future growth rate expectations of investors.