SAR, US80349A2087

Saratoga Investment reports USD 0.41 loss and Saratoga Investment stock trails USD 22.15 NAV

Published on 10/14/2026 at 04:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted income was USD 0.46 per share in second quarter 2027. Five analysts cited a USD 19.67 target for Saratoga Investment stock.

Portfolio marks and payout calendar

Saratoga Investment reported a USD 0.41 per-share loss for fiscal second quarter 2027 on October 6, 2026.
Assets under management rose 2.1 percent to USD 1.150 billion in the quarter ended August 31, 2026.
Dividend payments are scheduled for October 22, 2026, November 24, 2026 and December 22, 2026.

SAR, US80349A2087, Illustration mit AI erstellt.

Saratoga Investment (ISIN US80349A2087) reported a USD 0.41 per-share loss for fiscal second quarter 2027 on October 6, 2026, according to GlobeNewswire. Net asset value per share stood at USD 22.15, giving the stock a materially lower market value than its reported asset backing.

Three milestones set the timeline

On September 9, 2026, Saratoga Investment declared a base quarterly dividend of USD 0.75 per share for fiscal third quarter 2027, as stated in the GlobeNewswire release. On September 24, 2026, it issued USD 23.1 million of additional 8.00 percent notes due 2031, before reporting its fiscal second-quarter figures on October 6, 2026.

What changed in the second quarter?

The operating picture was mixed. Assets under management increased 2.1 percent sequentially to USD 1.150 billion, while adjusted net investment income fell to USD 0.46 per share from USD 0.47 in the prior quarter and USD 0.58 a year earlier, according to Investing.com.

Total investment income reached USD 31.17 million in fiscal second quarter 2027, up 2.0 percent from USD 30.63 million a year earlier, but adjusted earnings per share of USD 0.46 missed the USD 0.49 consensus estimate. The decline in net asset value per share reflected USD 13.1 million of write-downs in three credits and dividend distributions exceeding earnings.

Analyst sentiment also stayed cautious. MarketBeat reported on October 10, 2026, that five analysts held a Hold rating and the average 12-month target was USD 19.67. The same report cited Wall Street Zen's move from Sell to Hold, while B. Riley Financial cut its target from USD 22.00 to USD 20.00.

Dates for income investors

The next scheduled dividend payment is October 22, 2026, followed by record dates on November 5, 2026 and December 3, 2026, with payments scheduled for November 24, 2026 and December 22, 2026. The last NYSE quote was USD 15.07 on October 13, 2026 at 4:00 p.m. ET; the 52-week range was USD 13.78 to USD 24.07, and market capitalization was USD 245.8 million on that date.