Saratoga Investment (NYSE:SAR) Given New $20.00 Price Target at B. Riley Financial

Posted by Brenda Bartman on Oct 8th, 2026

Saratoga Investment (NYSE:SAR – Get Free Report) had its target price reduced by analysts at B. Riley Financial from $22.00 to $20.00 in a note issued to investors on Thursday, Benzinga reports. The brokerage presently has a “neutral” rating on the financial services provider’s stock. B. Riley Financial’s price target points to a potential upside of 34.37% from the stock’s previous close.

SAR has been the subject of a number of other research reports. Oppenheimer cut their target price on shares of Saratoga Investment from $22.00 to $21.00 and set a “market perform” rating for the company in a research report on Thursday, July 9th. Weiss Ratings reissued a “hold (c-)” rating on shares of Saratoga Investment in a report on Friday, October 2nd. Zacks Research raised Saratoga Investment from a “strong sell” rating to a “hold” rating in a report on Monday, September 7th. Finally, Compass Point reiterated a “neutral” rating and issued a $18.00 price target on shares of Saratoga Investment in a research report on Thursday. Seven analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $19.67.

Read Our Latest Report on Saratoga Investment

Saratoga Investment Stock Performance

Shares of NYSE:SAR traded down $0.03 during midday trading on Thursday, reaching $14.88. The company had a trading volume of 152,914 shares, compared to its average volume of 136,908. The stock has a market cap of $239.33 million, a P/E ratio of -59.06 and a beta of 0.57. The company’s 50 day moving average price is $18.03 and its 200 day moving average price is $20.42. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.18. Saratoga Investment has a 52-week low of $13.78 and a 52-week high of $24.07.

Saratoga Investment (NYSE:SAR – Get Free Report) last announced its quarterly earnings data on Tuesday, October 6th. The financial services provider reported $0.46 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.03). Saratoga Investment had a positive return on equity of 8.42% and a negative net margin of 3.35%.The company had revenue of $31.17 million during the quarter, compared to the consensus estimate of $31.46 million. As a group, sell-side analysts anticipate that Saratoga Investment will post 1.94 EPS for the current fiscal year.

Hedge Funds Weigh In On Saratoga Investment

A number of institutional investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its holdings in shares of Saratoga Investment by 2.2% in the first quarter. Cetera Investment Advisers now owns 22,301 shares of the financial services provider’s stock worth $488,000 after purchasing an additional 476 shares during the last quarter. Royal Bank of Canada grew its holdings in Saratoga Investment by 3.2% in the 1st quarter. Royal Bank of Canada now owns 17,950 shares of the financial services provider’s stock worth $393,000 after acquiring an additional 557 shares during the last quarter. Triumph Capital Management grew its holdings in Saratoga Investment by 66.2% in the 2nd quarter. Triumph Capital Management now owns 2,950 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 1,175 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Saratoga Investment by 1.1% in the first quarter. Private Advisor Group LLC now owns 165,139 shares of the financial services provider’s stock valued at $3,612,000 after acquiring an additional 1,780 shares during the period. Finally, Western Wealth Management LLC bought a new position in shares of Saratoga Investment during the first quarter valued at about $70,000. 19.09% of the stock is currently owned by institutional investors.

Saratoga Investment Company Profile

(Get Free Report)

Saratoga Investment Corporation (NYSE:SAR) is a business development company that provides financing to lower middle-market companies in the United States. The company seeks to support businesses that may have limited access to traditional bank financing, working with private equity sponsors, management teams and other financial partners.

Through its investment portfolio, Saratoga Investment typically provides senior secured and subordinated debt, including first-lien, unitranche and second-lien loans, as well as mezzanine financing and equity investments.