Saratoga Investment Corp. (NYSE:SAR – Get Free Report) declared a None dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders of record on Wednesday, December 4th will be given a dividend of 1.09 per share by the financial services provider on Thursday, December 19th. The ex-dividend date is Wednesday, December 4th.
Saratoga Investment Trading Up 0.9 %
Shares of NYSE:SAR traded up $0.22 during midday trading on Friday, hitting $24.60. 9,976 shares of the stock were exchanged, compared to its average volume of 75,118. The business’s 50-day moving average price is $23.63 and its 200 day moving average price is $23.33. Saratoga Investment has a 12 month low of $21.56 and a 12 month high of $27.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.22 and a current ratio of 0.22. The stock has a market capitalization of $339.48 million, a price-to-earnings ratio of 15.93 and a beta of 1.31.
Saratoga Investment (NYSE:SAR – Get Free Report) last posted its quarterly earnings data on Tuesday, October 8th. The financial services provider reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.39. Saratoga Investment had a return on equity of 15.88% and a net margin of 13.64%. The business had revenue of $43.00 million during the quarter, compared to the consensus estimate of $36.84 million. Analysts predict that Saratoga Investment will post 3.93 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on Saratoga Investment
About Saratoga Investment
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.
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