Saratoga Investment Corp (SAR) Gets a Buy Rating from Maxim Group

By Austin Angelo

Maxim Group analyst Michael Diana reiterated a Buy rating on Saratoga Investment Corp (SARResearch Report) today and set a price target of $26. The company’s shares opened today at $21.74.

Diana said:

“In F3Q19, SAR reported adjusted/core NII (excluding incentive fee accrual related to unrealized capital gains) of $0.65, versus its F3Q19 dividend of $0.53, up from $0.52 in F2Q19.”

According to, Diana is a 4-star analyst with an average return of 3.1% and a 52.6% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Manhattan Bridge Capital Inc, and Arlington Asset Investment.

Currently, the analyst consensus on Saratoga Investment Corp is a Strong Buy with an average price target of $25.

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Saratoga Investment Corp’s market cap is currently $161.2M and has a P/E ratio of 8.13. The company has a Price to Book ratio of 0.93.

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Saratoga Investment Corp. is a specialty finance company, which engages in the provision of financing solutions. Its portfolio includes investments in leveraged loans issued by middle market companies. The company was founded on March 21, 2007 and is headquartered in New York, NY.