| Market cap | $315.47M |
|---|---|
| Enterprise value | N/A |
| Revenue | $143.720M |
|---|---|
| EBITDA | N/A |
| Income | $8.934M |
| Revenue Q/Q | 15.22% |
| Revenue Y/Y | 45.02% |
| P/E | 31.82 |
|---|---|
| Forward P/E | 6.98 |
| EV/Sales | 6.67 |
| EV/EBITDA | N/A |
| EV/EBIT | 7.29 |
| PEG | N/A |
| Price/Sales | 2.20 |
| P/FCF | N/A |
| Price/Book | 0.85 |
| Book/Share | 26.51 |
| Cash/Share | N/A |
| FCF yield | -49.83% |
| Volume | 50.518k / 89.196k |
|---|---|
| Relative vol. | 0.57 × |
| EPS | 0.71 |
|---|---|
| EPS Q/Q | -88.73% |
| Est. EPS Q/Q | -15.07% |
| Profit margin | 6.22% |
|---|---|
| Oper. margin | 73.82% |
| Gross margin | 81.05% |
| EBIT margin | 40.47% |
| EBITDA margin | 123.75% |
| Ret. on assets | 0.77% |
|---|---|
| Ret. on equity | 2.50% |
| ROIC | 5.13% |
| ROCE | 4.88% |
| Debt/Equity | 2.22 |
|---|---|
| Net debt/EBITDA | 10.50 |
| Current ratio | 0.46 |
| Quick ratio | 0.22 |
| Volatility | 1.35% |
|---|---|
| Beta | 0.43 |
| RSI | 37.10 |
|---|
| Insider ownership | 19.59% |
|---|---|
| Inst. ownership | 22.08% |
| Shares outst. | 13.699M |
|---|---|
| Shares float | 0.000 0.00% |
| Short % of float | 0.42% |
| Short ratio | 1.15 |
| Dividend | $2.90 |
|---|---|
| Dividend yield | 12.74% |
| Payout ratio | 408.45% |
| Payment date | N/A |
| Ex-dividend date | N/A |
| Earnings date | 9 Jul 2024 |
Thursday, 7 July 2022
|
|
| Saratoga Investment Corp Q1 2023 Earnings Call Transcript | |
Friday, 6 May 2022
|
|
| Saratoga Investment Corp Q4 2022 Earnings Call Transcript | |
Tuesday, 19 April 2022
|
|
| Saratoga Investment Corp. Prices Public Offering of $87.5 Million 6.00% Notes Due 2027 - Yahoo Finance | |
Thursday, 6 January 2022
|
|
| Saratoga Investment Corp Q3 2022 Earnings Call Transcript | |
Wednesday, 6 October 2021
|
|
| Saratoga Investment Corp Q2 2022 Earnings Call Transcript | |
| Saratoga Investment Delivers Fiscal Q2 Results; Earnings Shrink | |
Thursday, 8 July 2021
|
|
| Saratoga Investment Corp Q1 2022 Earnings Call Transcript | |
Friday, 18 June 2021
|
|
| Why Saratoga Investment is Poised to Beat Earnings Estimates Again | |
Thursday, 6 May 2021
|
|
| Saratoga Investment Corp. to Host Earnings Call - Yahoo Finance | |
Wednesday, 5 May 2021
|
|
| Saratoga Investment Beats Q4 Earnings and Revenue Estimates | |
| Saratoga Investment Corp. Announces Fiscal Year-End and Fourth Quarter 2021 Financial Results - Yahoo Finance | |
Monday, 5 April 2021
|
|
| Eagle Bancorp Hikes Dividend: Is It Worth Betting On? | |
Monday, 22 March 2021
|
|
| Saratoga Investment Bumps Up Quarterly Dividend | |
Wednesday, 6 January 2021
|
|
| Saratoga Investment Beats Q3 Earnings and Revenue Estimates | |
Wednesday, 30 December 2020
|
|
| Analysts Estimate Saratoga Investment to Report a Decline in Earnings: What to Look Out for | |
Monday, 30 November 2020
|
|
| Is Saratoga Investment Corp Going to Burn These Hedge Funds? | |
Thursday, 8 October 2020
|
|
| Saratoga Investment Corp Q2 2021 Earnings Call Transcript | |
Thursday, 13 August 2020
|
|
| Saratoga Investment Corp CEO and Director Christian L Oberbeck Bought $122,920 of Shares | |
Thursday, 9 July 2020
|
|
| Saratoga Investment Corp Q1 2021 Earnings Call Transcript | |
Wednesday, 8 July 2020
|
|
| Saratoga Investment Q1 Earnings and Revenues Miss Estimates | |
Friday, 5 June 2020
|
|
| Hedge Funds Aren’t Souring On Saratoga Investment Corp ? | |
Monday, 11 May 2020
|
|
| Saratoga Investment Corp Q4 2020 Earnings Call Transcript | |
Friday, 8 May 2020
|
|
| Edited Transcript of SAR earnings conference call or presentation 7-May-20 2:00pm GMT | |
Monday, 6 April 2020
|
|
| The Gr. Sarantis Share Price Has Gained 79% And Shareholders Are Hoping For More | |
| Insider |
Trans.
Transaction
|
Total value |
|---|---|---|
| Christian L Oberbeck CEO and Director | Buy 4 May 2023 | $47,620 |
| Steven M Looney Director | Buy 2 Aug 2022 | $29,425 |
| Christian L Oberbeck CEO and Director | Buy 10 Aug 2020 | $122,920 |
| Christian L Oberbeck CEO and Director | Buy 22 Jul 2020 | $104,460 |
| Christian L Oberbeck CEO and Director | Buy 10 Jul 2020 | $15,990 |
| Christian L Oberbeck CEO and Director | Buy 21 May 2020 | $74,550 |
| Christian L Oberbeck CEO and Director | Buy 13 May 2020 | $101,200 |
| Henri J Steenkamp CFO, CCO, Treasurer, and Sec. | Buy 13 May 2020 | $25,880 |
| Christian L Oberbeck CEO and Director | Buy 11 May 2020 | $38,820 |
| George Cabell Iii Williams Director | Buy 8 May 2020 | $154,447 |
| Christian L Oberbeck CEO and Director | Buy 8 May 2020 | $104,880 |
Powered by
Robintrack.
Price target
Current $22.70
Average $22.14
Low $18
High $27
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +0.36% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 12.74% | Growth period | 3 years |
| Last dividend date | Yield 3 years | 11.56% | Growth 3 years | +27.21% | |
| Last dividend | Yield 5 years | 9.48% | Growth 5 years | +6.48% |
| Insider | Age | Since | Compensation |
|---|---|---|---|
| Michael Joseph Grisius (57) Chief Investment Officer | 57 | ||
| Christian L. Oberbeck (61) Chairman, CEO, and Pres | 61 | ||
| G. Cabell Williams (66) Independent Director since 2007 | 66 | 2007 | |
| Charles Whitman (78) Independent Director since 2007 | 78 | 2007 | |
| Steven Looney (70) Independent Director since 2007 | 70 | 2007 | |
| Henri Steenkamp (44) Chief Financial Officer, Chief Compliance Officer, Treasurer, Secretary, and Director since 2020 | 44 | 2020 | |
| christian Oberbeck (60) Chairman of the Board, President, and Chief Executive Officer since 2020 | 60 | 2020 | |
| Marissa Mann Andrews | |||
| Richard A. Petrocelli CPA (53) Managing Director | 53 | ||
| Christine Monterosso | |||
| Henri J. Steenkamp (45) Chief Compliance Officer, Sec., Treasurer, CFO, and Director | 45 | ||
| Jeannette Hill | |||
| Charles G. Phillips IV (73) Managing Director and Portfolio Mang. | 73 | ||
| John F. MacMurray | |||
| Thomas V. Inglesby J.D. | |||
| Nicholas Martino | |||
| Paul B. West | |||
| Joeseph Burkhart | |||
| Adam Prior |
saratoga investment corp. is a publicly traded (nyse: sar) business development company (bdc) which provides customized financing solutions for middle market companies located in the united states. saratoga’s senior investment professionals have over eighty years of combined experience investing more than $4 billion in middle market businesses. within the bdc, saratoga manages both an sbic-licensed subsidiary and a $400 million collateralized loan obligation (clo) fund. these diverse funding sources, combined with a permanent capital base, enable saratoga to offer a broad range of financing solutions, including subordinated debt, first and second lien loans, one-stop and unitranche structures and equity co-investments. as a solutions-oriented lender, saratoga seeks to partner with business owners (equity sponsors, fundless sponsors, family-owned businesses) and management teams and craft capital structures that enable them to pursue their business plans. saratoga focuses on the lower e
- Finance > Asset Management & Custody Banks
- Saratoga Investment Corp, 535 Madison Avenue, New York 10022, United States
- 212-906-7800
- Investor relations
Dividends
| Ex-dividend date | N/A | Frequency | Quarterly | Annual dividend | +0.36% |
|---|---|---|---|---|---|
| Next dividend | N/A | Dividend yield | 12.74% | Growth period | 3 years |
| Last dividend date | Yield 3 years | 11.56% | Growth 3 years | +27.21% | |
| Last dividend | Yield 5 years | 9.48% | Growth 5 years | +6.48% |
Quarterly EPS estimates
Profit margin
Debt to assets
Cash flow
Balance sheet
XSLX
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Current assets | |||||
| Cash | $40.507124 | $47.026499 | |||
| Short term investments | |||||
| Net receivables | $0.343023 | $0.364032 | |||
| Inventory | |||||
| Total current assets | |||||
| Long term investments | |||||
| Property, plant & equipment | |||||
| Goodwill & intangible assets | |||||
| Total noncurrent assets | |||||
| Total investments | $1,138.793789 | $1,114.038609 | |||
| Total assets | $1,191.205835 | $1,171.697118 | |||
| Current liabilities | |||||
| Accounts payable | $9.934759 | $10.475956 | |||
| Deferred revenue | |||||
| Short long term debt | |||||
| Total current liabilities | |||||
| Long term debt | |||||
| Total noncurrent liabilities | |||||
| Total debt | $803.673645 | $793.630672 | |||
| Total liabilities | $820.981727 | $812.138369 | |||
| Stockholders' equity | |||||
| Retained earnings | -$0.870745 | $2.847039 | |||
| Other stockholder equity | |||||
| Total stockholder equity | $370.224108 | $359.558749 | |||
| (in millions USD) | 2024 | 2023 | ||
|---|---|---|---|---|
| Current assets | ||||
| Cash | $40.507124 | $96.076273 | ||
| Short term investments | ||||
| Net receivables | $0.343023 | $0.363809 | ||
| Inventory | ||||
| Total current assets | ||||
| Long term investments | ||||
| Property, plant & equipment | ||||
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $1,138.793789 | $972.590253 | ||
| Total assets | $1,191.205835 | $1,078.158174 | ||
| Current liabilities | ||||
| Accounts payable | $9.934759 | $13.605088 | ||
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | ||||
| Long term debt | ||||
| Total noncurrent liabilities | ||||
| Total debt | $803.673645 | $711.125536 | ||
| Total liabilities | $820.981727 | $731.200132 | ||
| Stockholders' equity | ||||
| Retained earnings | -$0.870745 | $25.052345 | ||
| Other stockholder equity | ||||
| Total stockholder equity | $370.224108 | $346.958042 | ||
Income statement
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Revenue | |||||
| Total revenue | $37.233373 | $36.340345 | |||
| Cost of revenue | $8.147216 | $7.10068 | |||
| Gross profit | $29.086157 | $29.239665 | |||
| Operating activities | |||||
| Research & development | |||||
| Selling, general & administrative | $1.429173 | $1.815791 | |||
| Total operating expenses | $3.696269 | $2.331345 | |||
| Operating income | $25.389888 | $26.90832 | |||
| Income from continuing operations | |||||
| EBIT | $17.912129 | $8.686638 | |||
| Income tax expense | $0.054119 | $0.2199 | |||
| Interest expense | $12.551258 | $12.522357 | |||
| Net income | |||||
| Net income | $5.306752 | -$4.055619 | |||
| Income (for common shares) | $5.306752 | -$4.055619 | |||
| (in millions USD) | 2024 | 2023 | ||
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $143.719906 | $99.10412 | ||
| Cost of revenue | $27.237805 | $21.481077 | ||
| Gross profit | $116.482101 | $77.623043 | ||
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $6.465793 | $5.849089 | ||
| Total operating expenses | $10.384968 | $9.076363 | ||
| Operating income | $106.097133 | $68.54668 | ||
| Income from continuing operations | ||||
| EBIT | $58.15665 | $58.021296 | ||
| Income tax expense | $0.042926 | -$0.152956 | ||
| Interest expense | $49.179899 | $33.498489 | ||
| Net income | ||||
| Net income | $8.933825 | $24.675763 | ||
| Income (for common shares) | $8.933825 | $24.675763 | ||
Cash flows
| (in millions USD) | 31 Mar 2024 | 31 Dec 2023 | |||
|---|---|---|---|---|---|
| Net income | $5.306752 | -$4.055619 | |||
| Operating activities | |||||
| Depreciation | |||||
| Business acquisitions & disposals | |||||
| Stock-based compensation | |||||
| Total cash flows from operations | -$20.658084 | -$18.552415 | |||
| Investing activities | |||||
| Capital expenditures | |||||
| Investments | |||||
| Total cash flows from investing | |||||
| Financing activities | |||||
| Dividends paid | -$8.888383 | -$8.427647 | |||
| Sale and purchase of stock | $13.02877 | $9.0125 | |||
| Net borrowings | $8.780102 | $15.610401 | |||
| Total cash flows from financing | $14.138709 | $17.146014 | |||
| Effect of exchange rate | |||||
| Change in cash and equivalents | -$6.519375 | -$1.406401 | |||
| (in millions USD) | 2024 | 2023 | ||
|---|---|---|---|---|
| Net income | $8.933825 | $24.675763 | ||
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | ||||
| Stock-based compensation | ||||
| Total cash flows from operations | -$157.206679 | -$130.373839 | ||
| Investing activities | ||||
| Capital expenditures | ||||
| Investments | ||||
| Total cash flows from investing | ||||
| Financing activities | ||||
| Dividends paid | -$32.05361 | -$22.66514 | ||
| Sale and purchase of stock | $42.381782 | -$10.82434 | ||
| Net borrowings | $87.305289 | $207.078014 | ||
| Total cash flows from financing | $101.63753 | $173.57977 | ||
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$55.569149 | $43.205931 | ||
Recent institutional transactions
| Quarter | Shareholder | Change |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|---|
| 2024 Q1 | Campbell & Co Investment Adviser |
Opened
|
26,630 | $617,816 |
| 2024 Q1 | Ameriprise Financial Inc |
+24.27%
|
58,982 | $1,368,523 |
Institutional shareholders
| Shareholder | Stake |
Shares owned
Shares
|
Value (in thousands USD) |
|---|---|---|---|
| Ameriprise Financial Inc | 0.43% | 58,982 | |
| Campbell & Co Investment Adviser | 0.19% | 26,630 | |
| Davidson Trust Co | 0.00% | 0 |
Sign up