SAR Stock Price, Saratoga Investment Corp Quote, Chart

Market Summary

USD23.43+0.21

Market Closed

0.90%

SAR Stock Price

View Fullscreen

SAR RSI Chart

SAR Valuation

Market Cap

321.0M

Price/Earnings (Trailing)

35.93

Price/Sales (Trailing)

382.83

Price/Free Cashflow

-2.04

SAR Price/Sales (Trailing)

SAR Profitability

Return on Equity

2.41%

Return on Assets

0.75%

Free Cashflow Yield

-48.98%

SAR Fundamentals

SAR Revenue

Rev. Growth (Yr)

38.4%

Rev. Growth (Qtr)

12.39%

SAR Earnings

Earnings (TTM)

8.9M

Earnings Growth (Yr)

-72.36%

Earnings Growth (Qtr)

230.85%

Breaking Down SAR Revenue

Last 7 days

-0.1%

Last 30 days

1.5%

Last 90 days

2.5%

Trailing 12 Months

-6.3%

How does SAR drawdown profile look like?

SAR Financial Health

SAR Investor Care

Shares Dilution (1Y)

14.83%

Diluted EPS (TTM)

0.73

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
2024	0	0	0	0
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
May 13, 2024	D.A. DAVIDSON & CO.	added	11.91	2,474	628,071	0.01%
May 13, 2024	BARD ASSOCIATES INC	unchanged	-	-42,414	369,924	0.13%
May 13, 2024	FRANKLIN RESOURCES INC	new	-	835,734	835,734	-%
May 13, 2024	Atria Wealth Solutions, Inc.	reduced	-4.29	-42,602	258,796	-%
May 13, 2024	Simplify Asset Management Inc.	sold off	-100	-1,336,960	-	-%
May 13, 2024	Tradition Wealth Management, LLC	sold off	-100	-44,000	-	-%
May 13, 2024	Jump Financial, LLC	sold off	-100	-746,242	-	-%
May 13, 2024	Laurel Wealth Advisors LLC	unchanged	-	-641	5,592	-%
May 13, 2024	UBS Group AG	added	105	29,595	64,635	-%
May 13, 2024	DAVIDSON TRUST CO	unchanged	-	-29,260	255,200	0.15%

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
May 06, 2024	8-K	Current Report
May 06, 2024	10-K	Annual Report
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	119.3B	18.3B	5.19%	24.55%	20.16	6.51	5.32%	20.80%
BX	90.0B	10.3B	2.03%	51.55%	41.83	8.72	116.39%	249.10%
ARES	44.9B	3.6B	10.32%	74.02%	94.61	12.63	12.70%	183.11%
BK	43.6B	19.6B	5.99%	43.37%	13.07	2.22	78.39%	20.24%
BEN	12.9B	8.1B	-3.86%	-0.33%	14.3	1.59	2.98%	5.84%
MID-CAP
IVZ	7.2B	5.8B	4.30%	5.19%	-21.34	1.25	-1.10%	-153.42%
AMG	5.1B	2.0B	-1.94%	11.84%	7.36	2.48	-8.91%	-39.33%
AB	3.9B	-	1.06%	-1.67%	14.08	-	-	7.16%
APAM	3.7B	1.0B	5.13%	41.97%	15.91	3.66	6.21%	20.27%
CNS	3.6B	486.3M	2.67%	31.69%	28.41	7.46	-9.75%	-22.27%
AMK	2.5B	722.2M	-5.92%	20.93%	17.57	3.5	12.85%	46.40%
SMALL-CAP
PX	957.9M	250.6M	8.19%	-17.38%	-364.28	3.82	18.02%	-111.85%
BSIG	867.4M	440.5M	2.77%	-	12.68	1.97	11.01%	-22.97%
AINC	16.6M	770.8M	2.11%	-54.04%	-3.82	0.02	10.81%	-208.39%
AC	729.1K	25.3M	5.03%	-8.46%	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	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q1
Revenue	-100.0%	-	36.00	32.00	30.00	28.00	26.00	19.00	-
Operating Expenses	10.3%	24.00	22.00	22.00	19.00	23.00	16.00	14.00	13.00
S&GA Expenses	-100.0%	-	1.00	0.00	1.00	1.00	1.00	0.00	0.00
Interest Expenses	25.4%	12.00	10.00	12.00	10.00	11.00	6.00	9.00	5.00
Income Taxes	-75.4%	0.00	0.00	-0.24	0.00	1.00	-0.41	-0.23	-0.06
Net Income	230.8%	5.00	-4.06	8.00	-0.21	19.00	6.00	1.00	8.00
Net Income Margin	-	-	-	-	-	59.22*	54.42*	-	-
Free Cashflow	-11.3%	-20.66	-18.55	-7.08	-110	33.00	-22.46	-60.26	-146

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet								(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q1
Assets	1.7%	1,191	1,172	1,156	1,146	1,078	1,039	973	876
Cash Equivalents	89.4%	41.00	21.00	19.00	22.00	66.00	47.00	13.00	53.00
Liabilities	1.1%	821	812	794	809	731	703	636	520
Shareholder's Equity	3.0%	370	360	362	337	347	336	337	356
Retained Earnings	-130.6%	-0.87	3.00	16.00	17.00	25.00	14.00	14.00	28.00
Additional Paid-In Capital	4.0%	371	357	346	321	322	322	323	328
Shares Outstanding	4.1%	14.00	13.00	13.00	12.00	12.00	12.00	12.00	12.00
Float	-	-	-	271	-	-	-	211	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)												(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q1
Cashflow From Operations	-11.3%	-20,658	-18,552	-7,082	-110,913	32,555	-22,463	-60,255	-80,210	-146,200	15,290	-	-
Cashflow From Financing	-17.5%	14,139	17,146	2,362	67,990	16,473	56,864	-28,587	128,830	55,003	55,469	-	-
Dividend Payments	-100.0%	-	8,428	7,603	7,135	6,781	5,282	5,282	5,320	5,319	4,872	-	-
Buy Backs	-	-	-	90*	2,158	1,224	2,180	3,686	3,734	50*	124	10*	1,144

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

SAR Income Statement

2024-02-29

Consolidated Statements of Operations - USD ($)

12 Months Ended

Feb. 29, 2024

Feb. 28, 2023

Feb. 28, 2022

Interest income:

Non-control/Non-affiliate investments

$ 113,521,652

$ 72,677,237

$ 46,369,544

Affiliate investments

3,299,816

4,773,527

3,308,471

Control investments

8,507,909

6,602,594

7,345,691

Payment-in-kind interest income:

Non-control/Non-affiliate investments

766,697

359,910

1,150,695

Affiliate investments

874,226

416,711

Control investments

814,925

386,889

327,171

Total interest from investments

127,785,225

85,216,868

58,501,572

Interest from cash and cash equivalents

2,512,416

1,368,489

3,584

Management fee income

3,270,232

3,269,820

3,262,591

Dividend income(*):

Non-control/Non-affiliate investments

^[1]

621,398

2,104,355

1,379,182

Affiliate investments

^[1]

615,917

546,609

Control investments

^[1]

5,911,564

Total dividend from investments

^[1]

6,532,962

2,720,272

1,925,791

Structuring and advisory fee income

2,149,751

3,585,061

4,307,647

Other income

1,469,320

2,943,610

2,739,372

Total investment income

143,719,906

99,104,120

70,740,557

OPERATING EXPENSES

Interest and debt financing expenses

49,179,899

33,498,489

19,880,693

Base management fees

19,212,337

16,423,960

11,901,729

Incentive management fees expense (benefit)

8,025,468

5,057,117

11,794,208

Professional fees

1,767,015

1,812,259

1,378,134

Administrator expenses

3,872,917

3,160,417

2,906,250

Insurance

322,323

347,483

348,671

Directors fees and expenses

351,297

360,000

335,596

General and administrative

2,241,579

2,328,672

1,661,932

Income tax expense (benefit)

42,926

(152,956)

(39,649)

Excise tax expense (benefit)

1,829,837

1,067,532

630,183

Total operating expenses

86,845,598

63,902,973

50,797,747

NET INVESTMENT INCOME

56,874,308

35,201,147

19,942,810

Net realized gain (loss) from investments:

Non-control/Non-affiliate investments

153,583

7,446,596

6,209,737

Affiliate investments

7,328,457

Control investments

(139,867)

Net realized gain (loss) from investments

153,583

7,446,596

13,398,327

Income tax (provision) benefit from realized gain on investments

548,568

(2,886,444)

Net change in unrealized appreciation (depreciation) on investments:

Non-control/Non-affiliate investments

(24,167,727)

(5,330,880)

14,775,190

Affiliate investments

(1,541,829)

574,354

(26,836)

Control investments

(21,381,288)

(10,461,606)

2,271,639

Net change in unrealized appreciation (depreciation) on investments

(47,090,844)

(15,218,132)

17,019,993

Net change in provision for deferred taxes on unrealized (appreciation) depreciation on investments

(893,166)

(1,715,333)

694,908

Net realized and unrealized gain (loss) on investments

(47,830,427)

(8,938,301)

28,226,784

Realized losses on extinguishment of debt

(110,056)

(1,587,083)

(2,434,410)

NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS

$ 8,933,825

$ 24,675,763

$ 45,735,184

WEIGHTED AVERAGE - BASIC EARNINGS (LOSS) PER COMMON SHARE (in Dollars per share)

$ 0.71

$ 2.06

$ 3.99

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING - BASIC (in Shares)

12,670,939

11,963,533

11,456,631

[1]	Certain prior period amounts have been reclassified to conform to current year presentation.

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 Tue May 14 2024, market cap of Saratoga Investment Corp is 320.97 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 Tue May 14 2024, SAR's PE ratio (Price to Earnings) is 35.93 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.