How to buy Saratoga Investment stock (SAR)

Saratoga Investment is an asset management business based in the US. Saratoga Investment shares (SAR) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $23.74 – a decrease of 1.41% over the previous week.

Our top picks for where to buy Saratoga Investment stock

Buy Saratoga Investment stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Saratoga Investment stock price (NYSE: SAR)

Use our graph to track the performance of SAR stocks over time.

Saratoga Investment shares at a glance

• Key figures

Information last updated 2024-12-19.

Latest market close	$23.74
52-week range	$20.09 - $25.71
50-day moving average more info button	$24.45
200-day moving average more info button	$23.50
Wall St. target price	$26.05
PE ratio more info button	15.4737
Dividend yield more info button	$2.93 (12.54%)
Earnings per share (TTM) more info button	$1.52

Is it a good time to buy Saratoga Investment stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Saratoga Investment price performance over time

Historical closes compared with the close of $23.74 from 2024-12-20

1 week (2024-12-13)	-1.41%
1 month (2024-11-22)	-8.94%
3 months (2024-09-20)	1.19%
6 months (2024-06-21)	4.08%

1 year (2023-12-22)	-7.01%
2 years (2022-12-22)	19.38%
3 years (2021-12-22)	13.79%
5 years (2019-12-20)	51.30%

Is Saratoga Investment stock undervalued or overvalued?

Valuing Saratoga Investment stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Saratoga Investment's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Saratoga Investment's P/E ratio

Saratoga Investment's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Saratoga Investment shares trade at around 15x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Saratoga Investment financials

Revenue TTM	$155.3 million
Operating margin TTM	73.13%
Gross profit TTM	$99.1 million
Return on assets TTM	5.95%
Return on equity TTM	5.77%
Profit margin	13.64%
Book value	$27.07
Market Capitalization more info button	$324.6 million

TTM: trailing 12 months

Saratoga Investment share dividends

Dividend payout ratio: 147.5% of net profits

Recently Saratoga Investment has paid out, on average, around 100% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Saratoga Investment shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Saratoga Investment's case, that would currently equate to about $2.93 per share.

Saratoga Investment's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Saratoga Investment's most recent dividend payout was on 18 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 3 December 2024 (the "ex-dividend date").

Have Saratoga Investment's shares ever split?

Saratoga Investment's shares were split on a 1:10 basis on 12 August 2010 . So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Saratoga Investment shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Saratoga Investment shares which in turn could have impacted Saratoga Investment's share price.

Saratoga Investment share price volatility

Over the last 12 months, Saratoga Investment's shares have ranged in value from as little as $20.0933 up to $25.7142. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Saratoga Investment's is 1.348. This would suggest that Saratoga Investment's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Saratoga Investment overview

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 $75 million in companies having EBITDA of $2 million or greater and revenues of $5 million to $250 million. The firm prefer to take a majority stake.

Frequently asked questions

What percentage of Saratoga Investment is owned by insiders or institutions?
Currently 15.51% of Saratoga Investment shares are held by insiders and 15.885% by institutions. When does the fiscal year end for Saratoga Investment?
Saratoga Investment's fiscal year ends in February. Where is Saratoga Investment based?
Saratoga Investment's address is: 535 Madison Avenue, New York, NY, United States, 10022 What is Saratoga Investment's ISIN number?
Saratoga Investment's international securities identification number is: US80349A2087 What is Saratoga Investment's CUSIP number?
Saratoga Investment's Committee on Uniform Securities Identification Procedures number is: 80349A109