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StockVS

NYSE · Asset Management · USD

Saratoga Investment Corp. (SAR) Stock Analysis

Saratoga Investment Corp. (SAR) is a Asset Management stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

SAR

$13.69

−$0.52 (−3.66%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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SAR Key Statistics

As of Oct 21, 2026
Trading
Open
$14.20
Previous Close
$14.21
Day's Range
13.52–14.25
52-Week Range
13.52–24.07
Volume
213.60K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.62
Valuation
Market Cap
$213.01M
P/E Ratio
unprofitable
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
6.55
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.71
EPS (ttm)Profit attributable to each share over the last twelve months.
−0.28
Financials (FY)
Revenue (FY)
$49.92M+18.56%
Net Income (FY)
$36.60M+30.33%
Profit marginThe share of revenue left as profit after all costs and taxes.
−3.35%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
15.56M
1-Year Return
−31.44%
Dividend and dates
Dividend
$3.00+21.11%
Ex-Dividend Date
November 5, 2026
Earnings Date
January 6, 2027estimated
Avg Volume
149.75K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, SAR closed at $13.69, −31.44% over 1 year.

Saratoga Investment Corp. (SAR) has a market capitalization of $213.01M.

In fiscal 2025, SAR reported revenue of $49.92M.

SAR Stock Return by Calendar Year

Saratoga Investment Corp. (SAR) 10-year return: what $10,000 became

1 year
$10,000 $6,856
−31.44%
5 years
$10,000 $8,340
−16.60%
10 years
$10,000 $20,148
+101.48%

If you had invested $10,000 in Saratoga Investment Corp. (SAR) 10 years ago, at the close on October 21, 2016, it would have been worth $20,148 at the close on October 21, 2026: +101.48% in total, +7.26% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)−35.15%
2025+10.36%
2024+6.07%
2023+12.91%
2022−3.82%
2021+51.00%
2020−10.92%
2019+34.20%
2018−2.78%
2017+20.77%
2016 (partial year)+20.99%

As of October 21, 2026.

SAR Revenue and Earnings by Fiscal Year

FY ends February
Fiscal yearRevenueNet incomeNet margin
2025$49.92M$36.60M73.3%
2024$42.10M$28.09M66.7%
2023$20.36M$8.93M43.9%
2022$36.35M$24.68M67.9%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$49.92M——$36.60M73.3%
2024$42.10M——$28.09M66.7%
2023$20.36M——$8.93M43.9%
2022$36.35M——$24.68M67.9%

Annual figures as reported, in the company's reporting currency. As of February 28, 2026.

SAR Dividend History

$3.24−1.8% vs 2024

Dividends per share, 2025 · 10 payments

YearDividends per sharePaymentsChange
2026*$2.259—
2025$3.2410−1.8%
2024$3.304+17.0%
2023$2.824+0.4%
YearDividends per sharePaymentsChange
2026 (partial year)$2.259—
2025$3.2410−1.8%
2024$3.304+17.0%
2023$2.824+0.4%
2022$2.815+55.2%
2021$1.814+32.1%
2020$1.373−17.0%
2019$1.653−19.9%
2018$2.064−12.3%
2017$2.355+434.1%
2016$0.441—

Most recent payment: $0.25 per share, ex-dividend September 3, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

SAR Valuation vs Asset Management Median

Median of 512 stocks
MetricSARAsset Management medianvs median
P/S ratio1.718.590.2x the median
Profit margin−3.35%74.97%78.3 pts below

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Saratoga Investment Corp. (SAR) is capitalised at $213.01M on the latest close. The company sits in the Financial Services sector, in the Asset Management industry.

The 52-week range on file runs from $13.52 to $24.07. SAR last closed at $13.69 on October 21, 2026. That is −$0.52 (−3.66%) against the previous close. The latest close sits 1.26% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $49.92M. That is +18.56% against the prior fiscal year, when revenue was $42.10M. Net income for the same year was $36.60M. That is +30.33% against the prior fiscal year. The reported profit margin is −3.35%. That is 78.3 percentage points below the Asset Management median of 74.97%. Trailing earnings per share are −0.28.

Across the 4 fiscal years on file, revenue moves from $36.35M in 2022 to $49.92M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

No trailing P/E applies: the last reported earnings figure is negative. The forward P/E on file is 6.55. Measured against sales, the shares trade at 1.71 times revenue. On price-to-sales that is 0.2 times the Asset Management median of 8.59. The medians here are taken across 512 Asset Management companies that report the metric.

The trailing one-year total return is −31.44%. Measured over 10 years, that is +7.26% a year compounded. The reported beta is 0.62. Daily returns over the trailing 10 years annualize to a volatility of 38.2%.

Growth & Income

The trailing dividend yield is 21.11%. That is 12.2 percentage points above the Asset Management median yield of 8.91%. At the indicated rate that is $3.00 a share a year. The ex-dividend date on file is November 5, 2026. Dividends are recorded for 11 calendar years; 2026 shows 9 payments totalling $2.25 a share. The year before, 2025, totalled $3.24 a share.

The strongest complete calendar year on file is 2021 at +51.00%; the weakest is 2020 at −10.92%. Of the 9 complete calendar years on file, 6 finished higher. So far in 2026 the total return is −35.15%.

Peer Comparison

Saratoga Investment Corp. (SAR) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Saratoga Investment Corp. SAR $213.01M —
BlackRock, Inc. BLK $184.31B 25.8
Blackstone Inc. BX $127.43B 23.9
Brookfield Corporation BN $83.74B 69.5

The Asset Management industry average P/E ratio is 9.4x. Saratoga Investment Corp. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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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. The fund 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 fund 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. The fund seeks to invest in the United States. The fund primarily invests between $60 million and $75 million in companies having EBITDA of $2 million or greater and revenues between $10 million and $150 million. It targets annual revenues between $8 and $250 million. The fund prefers to take a majority stake. The fund invests through direct lending as well as participation in loan syndicates.