Stock of the Day - January 16, 2020

Saratoga Investment (SAR)

$19.63

+$0.22 (+1.1%)

Market Cap: $316.59M

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. The firm prefers to invest in aerospace, automotive aftermarket and services, business products and services, consumer products and services, education, environmental services, industrial services, financial services, food and beverage, healthcare products and services, logistics, distribution, manufacturing, restaurants services, food services, software services, technology services, specialty chemical, media and telecommunications. It seeks to invest in the United States. The firm primarily invests $5 million to $50 million in companies having EBITDA of $2 million or greater and revenues of $8 million to $250 million. The firm prefer to take a majority stake. It invests through direct lending as well as participation in loan syndicates. The firm was formerly known as GSC Investment Corp. Saratoga Investment Corp. was formed on 2007 and is based in New York, New York with an additional office in Florham Park, New Jersey.

Today's Trend

Saratoga Investment Corp (NYSE: SAR) — Shares are trading higher today after the company reported quarter results and signaled substantial dry powder for new investments. Investors are reacting mainly to better-than-expected earnings, rising net interest income and management’s comments on available liquidity for accretive deployments.

Q3 2026 results topped expectations — management highlighted stronger net interest income, solid originations and attractive return on equity, supporting the company’s earnings beat and outlook. Saratoga Investment Corp (SAR) Q3 2026 Earnings Call Highlights
Management says roughly $395.6M of liquidity is available to deploy into accretive investments and M&A — this capital flexibility is supportive of future earnings growth and a key reason investors are bidding the stock up. Saratoga Investment signals $395.6M liquidity for accretive deployments
Separate news: Saratoga Casino Holdings made a $1M strategic investment in High Roller Technologies — this concerns the casino operator (not SAR directly) and is unlikely to materially affect Saratoga Investment unless disclosed as a portfolio holding. High Roller stock soars on Saratoga Casino’s $1 million investment
Full earnings call transcripts and detailed notes are available (Seeking Alpha, InsiderMonkey) for investors who want management’s commentary on portfolio performance, credit trends and deployment plans. Saratoga Investment Corp (SAR) Q3 2026 Earnings Call Transcript
Unrelated market/company items (e.g., consumer/retail franchise news) appeared in feeds but do not appear to affect SAR’s fundamentals. DPC Dash - Domino's Pizza China completes 2025 expansion

Bottom line: SAR’s stock strength today is driven by a Q3 beat and management’s sizable available liquidity for accretive deployments. Items involving Saratoga Casino Holdings are noted but currently appear peripheral to SAR’s investment thesis.

← Previous Stock of the Day Next Stock of the Day →

Saratoga Investment (SAR)

About Saratoga Investment

Today's Trend

Recent News