Saratoga Investment Corp. to Report Fiscal Third Quarter 2025 Financial Results and Hold Conference Call
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 18 2024
0mins
Should l Buy SAR?
Source: Newsfilter
Financial Reporting Announcement: Saratoga Investment Corp. will report its financial results for the quarter ending November 30, 2024, on January 8, 2025, with a conference call scheduled for January 9, 2025, at 10:00 a.m. ET.
Company Overview: Saratoga Investment is a specialty finance company focused on providing financing solutions to middle-market businesses, primarily through leveraged loans and mezzanine debt, while also managing various funds including a $600 million CLO fund.
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Analyst Views on SAR
Wall Street analysts forecast SAR stock price to rise
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 22.880
Low
23.00
Averages
24.00
High
25.00
Current: 22.880
Low
23.00
Averages
24.00
High
25.00
About SAR
Saratoga Investment Corp. is a specialty finance company that provides customized financing solutions to United States 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. Its 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. The Company’s portfolio is comprised primarily of investments in leveraged loans issued by middle-market companies. It also invests in mezzanine debt and makes equity investments in middle-market companies. The Company’s investment activities are externally managed and advised by Saratoga Investment Advisors, LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Credit Rating Upgrade: The company received a BBB+ independent investment grade rating from Egan-Jones, a nationally recognized statistical rating organization, which is likely to enhance investor confidence and potentially lower financing costs, thereby improving the company's competitive position in the market.
- Clear Use of Proceeds: Saratoga plans to use the net proceeds from this offering, combined with available cash, to fully redeem its outstanding 4.375% notes due in 2026, optimizing its capital structure and reducing interest expenses.
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