SAR / Saratoga Investment (SAR) Moves to Strong Buy: Rationale Behind the Upgrade

Saratoga Investment (SAR) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares more_horizontal

Saratoga is currently paying out an 11% yield after hiking its quarterly payout for the eleventh time since a pandemic-era cut. This was 152% covered more_horizontal

Contact: Henri SteenkampSaratoga Investment Corp.212-906-7800 NEW YORK, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a bus more_horizontal

Saratoga Investment Corp offers a high yield of 10.5% that's well-covered by net investment income. SAR has a well-diversified portfolio and has maint more_horizontal

Saratoga Investment (SAR) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares more_horizontal

Saratoga has returned around 24% on a total return basis over the last year. Its portfolio held a weighted average yield of 10.7% as of the end of its more_horizontal

Saratoga Investment Corporation is a Business Development Corporation paying a 9.7% yield. This is set to increase to 10.4% on a forward basis. The co more_horizontal

NEW YORK, June 26, 2023 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results fo more_horizontal