Saratoga Investment (NYSE: SAR) — Company Overview, News & Financial Data
Saratoga Investment is a specialty finance company providing flexible financing solutions to middle-market US businesses.
Saratoga Investment
Saratoga Investment (NYSE:SAR) is a specialty finance company focused on providing flexible financing solutions to middle-market businesses across various industries in the United States. They mainly engage in lending to and investing in private companies through direct lending and mezzanine financing, capitalizing on debt, equity, and equity-related instruments. Saratoga Investment aims to generate attractive risk-adjusted returns for its investors through a careful selection of investment opportunities, emphasizing long-term capital appreciation and income generation. Their strategic objectives include expanding their investment portfolio through disciplined underwriting, leveraging industry relationships, and actively managing assets to maximize returns. With a keen eye on market trends and a commitment to operational excellence, Saratoga Investment seeks to sustain and grow its position in the specialty finance market.
Snapshot
Operations
Products and/or services of Saratoga Investment
- Direct lending primarily focused on providing flexible, subordinated debt to middle-market companies.
- Collateralized Loan Obligation (CLO) management services, offering diverse financing solutions.
- Private equity capital investments in middle-market companies to support growth and operational improvements.
- Minority equity investments, partnering with key stakeholders to drive value creation.
- Advisory services for investment management, leveraging extensive industry experience to guide portfolio companies.
- Syndicated loan funding, participating in broader market transactions to diversify and manage risk.
Saratoga Investment executive team
- Christian Long OberbeckChairman, President & CEO
- Henri Johann SteenkampChief Compliance Officer, Secretary, Treasurer, CFO & Director
- David M. DeSantisCOO, Portfolio Manager & Senior MD
- Michael Joseph GrisiusCo-Managing Partner & CIO
- Richard A. PetrocelliManaging Director
- Paul B. WestManaging Director
- Marissa Mann AndrewsManaging Director
- Thomas V. InglesbyMD & Portfolio Manager
- John F. MacMurrayMD & Portfolio Manager
- Charles G. Phillips IVMD & Portfolio Manager
Latest news about Saratoga Investment
Dividend history
Dividends per share paid by Saratoga Investment , by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | — | — | — | $2.5000 |
| FY2026 | — | — | — | $3.4900 |
| FY2025 | — | — | — | $2.9500 |
| FY2024 | — | — | — | $2.8200 |
| FY2023 | — | — | — | $2.2800 |
Key financials
Reported results for Saratoga Investment , in USD.
- Market cap
- 211.6M
- Revenue (TTM)
- 124.7M
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.3
- Dividend yield
- 22.0%
- Profit margin
- -3.4%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 99.2M | 38.1M | 36.6M | |
| 94.2M | 32M | 28.1M | |
| 143.9M | 59.2M | 8.9M | |
| 99.1M | 53.3M | 24.7M |