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Ticker Symbol: SAR

Saratoga Investment Corp

$28.73 - 07-11-2024 4 p.m. ET

Exchange: NEW YORK STOCK EXCHANGE INC. Country: US Currency: USD Asset Type: Common Stock CIK:0001377936

Company Profile

aratoga Investment is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The Company invests primarily in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors. Saratoga Investment's objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from its debt and equity investments. Saratoga Investment has elected to be regulated as a business development company under the Investment Company Act of 1940 and is externally-managed by Saratoga Investment Advisors, LLC, an SEC-registered investment advisor focusing on credit-driven strategies. Saratoga Investment owns two SBIC-licensed subsidiaries and manages a $500 million collateralized loan obligation ('CLO') fund. It also owns 100% of the Class F-R-2, G-R-2 and subordinated notes of the CLO. The Company's diverse funding sources, combined with a permanent capital base, enable Saratoga Investment to provide a broad range of financing solutions.

Sector: Finance and Insurance
Industry: Securities and Commodity Exchanges
Standard Industrial Classification Code (SIC code): 6726
Address: 535 Madison Ave
CEO: Christian Oberbeck
Tags:
  • Finance
  • Investment Managers
  • Finance and Insurance
  • Securities and Commodity Exchanges

Pricing

Last Updated: October 3, 2023 03:00 PM EST
Previous Close: $24.50
Change: -$0.49 ( -1.96%)
Days Range: $24.33 - $25.09
Beta: 0.59
52wk. High: $27.40
52wk. Low: $18.27
Ytd. Change 4.21%
50 Day Moving Average: $24.94
200 Day Moving Average: $25.01
Shares Outstanding: 13114977

Valuation

Market Cap: 29.4B
PE Ratio: -
EPS (TTM): 0

Dividends

Dividend Per Share (TTM): $2.67
Dividend Yield (TTM): 11.36%
Ex-Dividend Date: September 13, 2023