Saratoga Investment to report Q1 results as analysts cut targets

1 min read     Updated on 26 Jun 2026, 02:30 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Saratoga Investment Corp. is set to release its fiscal Q1 2027 results on July 7, 2026, with analysts projecting earnings of 54 cents per share on revenue of $31.38 million. Recent analyst actions include downgrades from Janney Montgomery Scott and Compass Point. A conference call is scheduled for July 8 to discuss the findings.

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Saratoga Investment Corp. will report its financial results for the fiscal quarter ended May 31, 2026, on July 7, 2026, after market close. Analysts expect the company to report quarterly earnings of 54 cents per share, down from 66 cents per share in the year-ago period. The consensus estimate for Saratoga Investment’s quarterly revenue is $31.38 million, compared to $32.32 million reported last year. The company, a business development company, will file its Form 10-Q with the Securities and Exchange Commission on the same day.

Analyst Revisions

Ahead of the earnings release, several analysts have revised their ratings. Janney Montgomery Scott analyst John Rowan downgraded the stock from Buy to Neutral on Oct. 10, 2025. Compass Point analyst Casey Alexander downgraded the stock from Buy to Neutral and cut the price target from $25.25 to $24.25 on June 9, 2025. On May 5, Saratoga Investment posted weaker-than-expected fourth-quarter results.

Conference Call Details

A conference call to discuss the results is scheduled for July 8, 2026, at 10:00 a.m. Eastern Time. The call will feature key executives from Saratoga Investment Corp., including Chairman and CEO Christian L. Oberbeck, COO David DeSantis, and CFO Henri J. Steenkamp.

Access Information

Aspect Details
Webcast Available on the "Events & Presentations" section of the investor relations website.
Replay Available for a limited time on the investor relations website.
Phone Access Registration required via the provided link for dial-in details.

Participants are encouraged to dial in fifteen minutes early to avoid delays.

About Saratoga Investment Corp.

Saratoga Investment is a specialty finance company providing customized financing solutions to U.S. middle-market businesses. The firm invests primarily in senior and unitranche leveraged loans, mezzanine debt, and equity. It is externally managed by Saratoga Investment Advisors, LLC, an SEC-registered investment advisor. The company also manages a $350 million collateralized loan obligation (CLO) fund in wind-down and co-manages a joint venture fund with a $400 million CLO.

What factors are driving the expected decline in earnings per share and revenue compared to the previous year?

How might the recent analyst downgrades impact investor sentiment ahead of the earnings release?

What strategies could Saratoga Investment employ to reverse the downward trend in financial performance?

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Saratoga Investment declares $0.75 quarterly dividend for Q2 FY27

2 min read     Updated on 11 Jun 2026, 06:25 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Saratoga Investment Corp. declared a $0.75 per share dividend for Q2 FY27, paid monthly at $0.25. The yield is 13.4% based on a $22.34 stock price. Shareholders can opt for cash or stock via DRIP.

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Saratoga Investment Corp. declared a base quarterly dividend of $0.75 per share for the second quarter of fiscal 2027, maintaining its commitment to consistent shareholder income. The dividend will be paid in three monthly installments of $0.25 per share, with record and payment dates scheduled for July, August, and September 2026. This announcement marks the second group of dividends declared for fiscal year 2027.

Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment, stated that the board approved an unchanged quarterly dividend rate. Annualizing this dividend implies a 13.4% dividend yield based on Saratoga's recent stock price of $22.34 per share on June 9, 2026. The company continues to focus on delivering strong current income to its shareholders through regular distributions.

Dividend Payment Schedule

Month Amount per Share Record Date Payment Date
June 2026 $0.25 July 6, 2026 July 23, 2026
July 2026 $0.25 August 5, 2026 August 25, 2026
August 2026 $0.25 September 3, 2026 September 23, 2026

Historical Dividend Distributions

Period (Fiscal Year ends Feb) Base Dividend Per Share Special Dividend Per Share Total Dividend Per Share
Fiscal Q2 2027 (August 2026) $0.25 - $0.25
Fiscal Q2 2027 (July 2026) $0.25 - $0.25
Fiscal Q2 2027 (June 2026) $0.25 - $0.25
Fiscal Q1 2027 (May 2026) $0.25 - $0.25
Fiscal Q1 2027 (April 2026) $0.25 - $0.25
Fiscal Q1 2027 (March 2026) $0.25 - $0.25
Total Declared in Fiscal 2027 $1.50 - $1.50
Full Year Fiscal 2026 $3.00 $0.25 $3.25
Full Year Fiscal 2025 $2.96 $0.35 $3.31
Full Year Fiscal 2024 $2.86 - $2.86
Full Year Fiscal 2023 $2.44 - $2.44

Shareholders have the option to receive the dividend in cash or common stock through the company's dividend reinvestment plan (DRIP). Those holding shares with a broker must instruct their brokers prior to the record date to receive dividends in stock. The number of shares delivered will be determined by dividing the total dollar amount by 95% of the average market price per share over the ten trading days ending on the payment date.

Can Saratoga Investment sustain the current 13.4% dividend yield if interest rates decline or market volatility increases?

Will the company declare any special dividends in fiscal 2027 to match the supplemental distributions seen in previous years?

How might the company's capital allocation strategy shift if earnings volatility impacts the ability to maintain the base dividend?

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