Saratoga Invt Corp Stock Price, News & Analysis

Saratoga Investment Corp. (NYSE:SAR) has scheduled its fiscal Q1 2026 financial results announcement for July 8, 2025, after market close, followed by a conference call on July 9, 2025, at 10:00 a.m. ET. The company, a business development company specializing in middle-market financing, will file its Form 10-Q with the SEC on July 8. Saratoga Investment provides customized financing solutions through senior and unitranche leveraged loans, mezzanine debt, and equity investments. The company manages significant assets including a $550 million CLO fund and co-manages a JV fund with a $400 million CLO fund. It maintains diverse funding sources and operates two active SBIC-licensed subsidiaries, focusing on credit-driven strategies to generate current income and long-term capital appreciation.

Saratoga Investment Corp (NYSE:SAR) has declared a quarterly dividend of $0.75 per share for Q2 fiscal 2026, to be paid in three monthly installments of $0.25 per share. The payments are scheduled for July 24, August 21, and September 24, 2025. Based on the recent stock price of $24.08, this represents an annualized dividend yield of 12.5%. The company, a business development company specializing in middle-market financing, maintains its dividend distribution consistency, having paid regular dividends since fiscal 2023. Saratoga Investment manages a $550 million CLO fund and co-manages a $400 million JV CLO fund, providing diverse funding sources for its financing solutions.

Saratoga Investment Corp (NYSE: SAR) reported financial results for fiscal year and Q4 2025. Key highlights include: NAV increased 4.7% QoQ and 6.1% YoY to $392.7M. Total investment income for FY2025 was $148.9M, up 3.6% YoY. The company reported net investment income of $3.81 per share and earnings of $2.02 per share. Assets Under Management (AUM) decreased 14.1% YoY to $978.1M. The company declared dividends of $3.31 per share including a special dividend of $0.35. Portfolio quality remained strong with 99.7% of credits in highest category and non-accruals at just 0.3% of fair value. The company is transitioning to monthly dividends of $0.25 per share ($0.75 quarterly). Q4 saw $41.8M in new originations including one new platform and six follow-ons, with two additional new portfolio companies added post quarter-end.

Saratoga Investment Corp. (NYSE:SAR), a business development company, has scheduled to release its fiscal full year and fourth quarter 2025 financial results on May 7, 2025, after market close. The company will host a conference call to discuss the results on May 8, 2025 at 1:00 p.m. ET.

SAR specializes in providing customized financing solutions to U.S. middle-market businesses, primarily through senior and unitranche leveraged loans and mezzanine debt. The company owns two active SBIC-licensed subsidiaries and manages a $600 million CLO fund while co-managing a joint venture fund with a $400 million JV CLO. SAR maintains diverse funding sources and holds significant ownership positions in its CLO structures, including 52% of Class F notes and 100% of subordinated notes in the CLO, as well as 87.5% of various interests in the JV CLO.

Saratoga Investment Corp. (NYSE:SAR) has announced significant changes to its dividend structure. The company declared a quarterly dividend of $0.74 per share for the fiscal fourth quarter ending February 28, 2025, payable on March 25, 2025. Additionally, the Board has decided to transition from quarterly to monthly dividend payments starting March 31, 2025.

The company also increased its quarterly dividend by $0.01 to $0.75 per share in aggregate for fiscal 2026's first quarter, to be paid as three monthly installments of $0.25 per share. Based on the recent stock price of $25.39, this represents an annualized dividend yield of 11.8%. The company's strong liquidity, stable asset quality, and successful long-term origination track record supported this decision.

Saratoga Investment Corp (NYSE: SAR) reported financial results for Q3 FY2025 ended November 30, 2024. Key highlights include a 1.1% sequential quarter increase in Adjusted NII per share and growth in LTM ROE to 9.2%. The company reported $84.5 million in deployments across two new platforms and eight existing portfolio companies.

Assets Under Management (AUM) stood at $960.1 million, with Net Asset Value (NAV) at $374.9 million. Total investment income was $35.9 million, with Net Investment Income per share at $0.90. The company declared a dividend of $0.74 per share plus a special dividend of $0.35 per share.

The portfolio composition includes 86.8% first lien term loans, with a weighted average current yield of 10.8%. The company maintains strong liquidity with $250.2 million in cash and cash equivalents, and $473.7 million in total undrawn borrowing capacity.

Saratoga Investment Corp. (NYSE:SAR) has announced it will release its fiscal Q3 2025 financial results for the quarter ended November 30, 2024, on January 8, 2025, after market close. A conference call to discuss the results will be held on January 9, 2025, at 10:00 a.m. ET.

The company operates as a business development company providing financing solutions to U.S. middle-market businesses. SAR manages a $600 million CLO fund and co-manages a joint venture fund with a $400 million JV CLO. The company owns 52% of Class F and 100% of subordinated notes of the CLO, along with 87.5% of both unsecured loans and membership interests of the JV and 87.5% of the JV CLO's Class E notes.

Saratoga Investment (NYSE:SAR) has declared a base quarterly dividend of $0.74 per share for Q3 FY2025 ending November 30, 2024, plus a special dividend of $0.35 per share, totaling $1.09 per share. Both dividends are payable December 19, 2024, to stockholders of record by December 4, 2024. The base dividend equals the company's highest historical rate, offering a 12.7% annualized yield based on the $23.31 stock price on November 5, 2024. The special dividend fulfills fiscal 2024 spillover requirements, with new spillover accumulation starting March 1, 2024.

Saratoga Investment Corp. (NYSE: SAR) announced its fiscal second quarter 2025 financial results ending August 31, 2024. Key highlights include:

Net Asset Value (NAV) increased to $372.1 million from $367.9 million in the prior quarter, with NAV per share rising to $27.07 from $26.85.

Net Investment Income (NII) per share increased to $1.33 from $1.05, driven by the reversal of interest reserves on the Knowland investment. Total investment income grew to $43.0 million, a 21.1% year-over-year increase.

Repayments totaled $60.1 million, significantly outpacing $2.6 million in originations. The company's cash position improved to $162.0 million, enhancing liquidity.

Dividends remained steady at $0.74 per share, supporting a 12.7% yield based on the October 7, 2024, stock price.

Return on Equity (ROE) increased to 14.4% annualized for the quarter, up from 7.2% in the previous quarter.

CEO Christian Oberbeck emphasized the company's strong performance, noting successful resolutions of key investments and a robust portfolio despite a volatile environment.