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SAR News Highlights
- For SAR, its 30 day story count is now at 11.
- Over the past 16 days, SAR's stories per day has been in a clear uptrend, growing by about 1.00 per 4 days.
- The most mentioned tickers in articles about SAR are BDC, SIF and PCAR.
Latest SAR News From Around the Web
Below are the latest news stories about Saratoga Investment Corp that investors may wish to consider to help them evaluate SAR as an investment opportunity.
Saratoga Investment Corp (SAR) posted upbeat Fiscal Q2 2022 results for the period ended August 31, 2021. The company had a record quarter of repayments as it continued to bring new platforms into the portfolio with investments in four new companies. SAR shares rose 1.73% to close at $29.44 on October 5. Saratoga is a U.S. company specializing in leveraged and management buyouts, acquisitions, and customized financing solutions. Asset under management increased 31.1% year-over-year to $666.1 million as net asset value surged to $324.1 million from $298.2 last year. Additionally, the company delivered a net asset value per share of $28.97, a historic high compared to $28.
SAR earnings call for the period ending August 31, 2021.
Saratoga Investment Corp. Closes New $50 Million Senior Secured Revolving Credit Facility with Encina Lender Finance
NEW YORK, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its wholly-owned subsidiary, Saratoga Investment Funding II LLC (“SIF II”), an entity formed for purposes of entering into this financing arrangement, closed a new $50.0 million senior secured credit facility (the “Facility”) with Encina Lender Finance, LLC (“Encina”). The Facility will be supported by loans held by SIF II
Higher total investment income and robust originations support Saratoga Investment's (SAR) fiscal Q2 earnings.
Saratoga Investment (SAR) delivered earnings and revenue surprises of 18.87% and 10.61%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company (“BDC”), today announced financial results for its 2022 fiscal second quarter. Summary Financial Information The Company’s summarized financial information is as follows: For the quarterended and as ofAug 31, 2021For the quarterended and as ofMay 31, 2021For the quarterended and as ofAug 31, 2020 ($ in thousands except per share)AUM666,097 677,
Some of the stocks that may grab investor focus today are: Wall Street expects PepsiCo, Inc. (NASDAQ: PEP) to report quarterly earnings at $1.73 per share on revenue of $19.32 billion before the opening bell. PepsiCo shares fell 0.5% to $149.49 in after-hours trading. PACCAR Inc (NASDAQ: PCAR) issued a business update. The company said it sees Q3 truck deliveries reduced by approximately 7,000 vehicles amid global semiconductor shortage. PACCAR’s truck deliveries are expected to be around 33,000
Saratoga Investment (SAR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Saratoga Investment Corp. to Report Fiscal Second Quarter 2022 Financial Results and Hold Conference Call
NEW YORK, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended August 31, 2021 on October 5, 2021, after market close. A conference call to discuss the financial results will be held on October 6, 2021. Details for the conference call are provided below. Who:Christian L. Oberbeck, Chairman, Chief Executive Officer and President Michael J. Grisius, Chief Investment Officer Henri J. S
Saratoga Investment Corp ("Saratoga") (NYSE:SAR) ("Saratoga Investment" or "the Company"), a business development company ("BDC"), was selected as the recipient of the 2021 Best U.S. Boutique CLO Manager by Creditflux, a London-based global publication and leading information source for the global market of credit funds and CLOs. The award is given to one CLO manager each year with four or fewer outstanding CLOs. It is the third consecutive year that Saratoga has been nominated for Creditflux Be