Saratoga Investment Corp. to Post Q3 2025 Earnings of $0.82 Per Share, B. Riley Forecasts (NYSE:SAR)

Saratoga Investment Corp. (NYSE:SAR) – Equities researchers at B. Riley dropped their Q3 2025 earnings per share estimates for Saratoga Investment in a research report issued to clients and investors on Thursday, October 10th. B. Riley analyst B. Rowe now forecasts that the financial services provider will earn $0.82 per share for the quarter, down from their prior estimate of $0.88. B. Riley has a “Neutral” rating and a $25.00 price target on the stock. The consensus estimate for Saratoga Investment’s current full-year earnings is $3.60 per share. B. Riley also issued estimates for Saratoga Investment’s Q4 2025 earnings at $0.60 EPS, Q1 2026 earnings at $0.77 EPS, Q2 2026 earnings at $0.74 EPS, Q3 2026 earnings at $0.70 EPS and Q4 2026 earnings at $0.50 EPS.

A number of other research analysts also recently commented on the stock. LADENBURG THALM/SH SH downgraded shares of Saratoga Investment from a “buy” rating to a “neutral” rating in a report on Thursday. Oppenheimer lifted their target price on Saratoga Investment from $23.00 to $25.00 and gave the stock a “market perform” rating in a report on Thursday. Finally, Compass Point raised their price target on Saratoga Investment from $24.75 to $26.25 and gave the stock a “buy” rating in a research report on Friday. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $25.42.

Saratoga Investment Price Performance

SAR stock opened at $23.82 on Monday. Saratoga Investment has a 52 week low of $21.56 and a 52 week high of $27.00. The firm has a market capitalization of $327.43 million, a P/E ratio of 19.69 and a beta of 1.32. The company has a fifty day simple moving average of $23.16 and a two-hundred day simple moving average of $23.22. The company has a quick ratio of 0.07, a current ratio of 0.22 and a debt-to-equity ratio of 0.14.

Hedge Funds Weigh In On Saratoga Investment

Hedge funds have recently added to or reduced their stakes in the stock. Private Advisor Group LLC grew its stake in Saratoga Investment by 2.7% in the second quarter. Private Advisor Group LLC now owns 129,550 shares of the financial services provider’s stock worth $2,941,000 after purchasing an additional 3,417 shares in the last quarter. Advisors Asset Management Inc. lifted its stake in Saratoga Investment by 5.7% in the first quarter. Advisors Asset Management Inc. now owns 126,165 shares of the financial services provider’s stock worth $2,927,000 after acquiring an additional 6,837 shares during the period. Hennion & Walsh Asset Management Inc. grew its holdings in Saratoga Investment by 1.7% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 125,373 shares of the financial services provider’s stock worth $2,909,000 after acquiring an additional 2,154 shares in the last quarter. Quadrature Capital Ltd increased its position in Saratoga Investment by 80.3% during the 4th quarter. Quadrature Capital Ltd now owns 100,385 shares of the financial services provider’s stock valued at $2,595,000 after purchasing an additional 44,722 shares during the period. Finally, Next Level Private LLC raised its holdings in shares of Saratoga Investment by 20.3% in the 3rd quarter. Next Level Private LLC now owns 39,154 shares of the financial services provider’s stock valued at $908,000 after purchasing an additional 6,619 shares in the last quarter. 19.09% of the stock is currently owned by institutional investors.

Saratoga Investment Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Wednesday, September 11th were given a dividend of $0.74 per share. The ex-dividend date was Wednesday, September 11th. This represents a $2.96 annualized dividend and a dividend yield of 12.43%. Saratoga Investment’s dividend payout ratio (DPR) is 244.63%.

Saratoga Investment Company Profile

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.