arBtrage CAPITALIZING MARKETS — checking… Sign in Sign up
Calendar /

Saratoga Investment Corp

SAR Finance Investment Managers
$13.49
▼ -1.5% Today
as of Oct 23, 11:21 ET
Last 30 days -22.06% Sep 14 → Oct 23
$13.17 $14.43 $15.69 $16.95 $18.21 Sep 14 Sep 22 Sep 30 Oct 07 Oct 15 Oct 23
Open
$13.72
High
$14.00
Low
$13.62
Volume
$151,413
Avg Vol
$128,404
Mkt Cap
$265M
P/E (TTM)
—
Beta
—
52w High
$24.07
52w Low
$13.52
Div Yield
—
Shares Out
$16M

Recent Press Releases & News last 60 days · 21 items

Oct 13 · 12:43 MT Newswires
Saratoga Investment Insider Bought Shares Worth $445,800, According to a Recent SEC Filing
Oct 8 · 11:58 MT Newswires
B. Riley Trims Price Target on Saratoga Investment to $20 From $22, Keeps Neutral Rating
Oct 8 · 10:44 MT Newswires
Oppenheimer Trims Price Target on Saratoga Investment to $20 From $21, Keeps Perform Rating
▸ Show all 21 press releases & news Free account →

SAR earnings at a glance

The options market is pricing a move of about ±3.0% after the report, a range of roughly $13.08 to $13.90 from today's $13.49. Over its last 6 reports the stock rose the next day 1 time and fell 5, moving ±5.7% on average; after the most recent report on Jul 7, 2026 it moved -14.1%. That means options currently expect less movement than SAR has typically delivered. SAR beat the consensus EPS estimate in 2 of its last 7 reported quarters. Implied volatility is currently 25%. The share price of $13.49 sits near its 52-week low.

More Finance stocks · All stocks · Earnings calendar

Overview

52-week range
$14
$24
0% of range
Avg surprise (last 7)
-5.1%
Avg reaction (last 6)
-5.2%
17% positive
Latest IV / EM
25%
EM ±3.0% · $15 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.31$0.04$0.39$0.73$1.08 Actual $-0.02Actual $1.08Est $0.91Actual $-0.31Actual $0.48Actual $0.97Actual $0.64Actual $0.56Est $0.77Actual $0.66Est $0.69Actual $0.58Est $0.67Actual $0.61Est $0.59Actual $0.53Est $0.53Actual $0.47Est $0.54 MayMay/2023NovMayAugNovFeb/2025May/2025Aug/20258KFeb/2026May/2026
Revenue vs Net Income Revenue Net income
$-7M$-2M$4M$9M$15M Nov 24May 25Aug 25Nov 25May 26Aug 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Jul 7, 2026May/2026 $0.47 $0.54 -13.0% -18.2% -14.1% earnings
Tue May 5, 2026Feb/2026 $0.53 $0.53 0.0% -5.4% -3.1% earnings
Wed Jan 7, 20268K 2026-01-07 $0.61 $0.59 +3.4% — +1.5% earnings
Tue Oct 7, 2025Aug/2025 $0.58 $0.67 -13.4% — -4.7% earnings
Tue Jul 8, 2025May/2025 $0.66 $0.69 -4.3% — -2.9% earnings
Wed May 7, 2025Feb/2025 $0.56 $0.77 -27.3% — -7.9% earnings
Sat Nov 30, 2024Nov 2024 $0.64 — — — — financials
Sat Aug 31, 2024Aug 2024 $0.97 — — — — financials
Fri May 31, 2024May 2024 $0.48 — — — — financials
Thu Nov 30, 2023Nov 2023 $-0.31 — — — — financials
Mon Jul 10, 2023May/2023 $1.08 $0.91 +18.7% — — earnings
Wed May 31, 2023May 2023 $-0.02 — — — — financials
Wed Nov 30, 2022Nov 2022 $0.51 — — — — financials

Financials

Income statement (quarterly)

MetricAug 2026May 2026Feb 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024
Revenue————————
Cost of revenue————————
Gross profit————————
Operating income————————
Net income$-7M$-7M—$12M$13M$14M—$9M
EPS (diluted)$-0.41$-0.42—$0.74$0.84$0.91—$0.64

Balance sheet (quarterly)

MetricAug 2026May 2026Feb 2026Nov 2025Aug 2025May 2025Feb 2025Nov 2024
Cash & equivalents$80M$46M$2M$52M$106M$132M$148M$148M
Inventory————————
Total current assets————————
Total assets$1.26B$1.20B$1.14B$1.20B$1.21B$1.20B$1.19B$1.22B
Long-term debt$902M$817M—$774M$786M$791M—$838M
Total liabilities$904M$819M$743M$784M$796M—$799M$845M
Total equity$353M$378M$396M$413M$410M$396M$393M$375M

Implied volatility — last 90 days

14%114%214%314%414% Jun 16 — IV 194% · EM ±11.5%Jun 22 — IV 14% · EM ±2.9%Jun 24 — IV 42% · EM ±8.4%Jun 25 — IV 55% · EM ±10.9%Jun 26 — IV 43% · EM ±8.3%Jun 29 — IV 25% · EM ±4.4%Jul 06 — IV 32% · EM ±4.5%Jul 07 — IV 42% · EM ±5.5%Jul 08 — IV 41% · EM ±5.2%Jul 09 — IV 63% · EM ±7.4%Jul 10 — IV 73% · EM ±8.1%Jul 13 — IV 119% · EM ±10.0%Jul 14 — IV 130% · EM ±9.4%Jul 15 — IV 91% · EM ±5.4%Jul 16 — IV 160% · EM ±6.7%Jul 20 — IV 44% · EM ±10.3%Jul 21 — IV 33% · EM ±7.7%Jul 22 — IV 33% · EM ±7.5%Jul 23 — IV 33% · EM ±7.4%Jul 24 — IV 38% · EM ±8.4%Jul 27 — IV 23% · EM ±4.9%Jul 28 — IV 61% · EM ±12.4%Jul 29 — IV 43% · EM ±8.6%Jul 30 — IV 85% · EM ±16.7%Jul 31 — IV 71% · EM ±13.6%Aug 03 — IV 32% · EM ±5.6%Aug 04 — IV 33% · EM ±5.7%Aug 05 — IV 88% · EM ±14.7%Aug 06 — IV 67% · EM ±10.8%Aug 07 — IV 59% · EM ±9.2%Aug 11 — IV 39% · EM ±5.1%Aug 13 — IV 41% · EM ±4.9%Aug 14 — IV 101% · EM ±11.1%Aug 17 — IV 182% · EM ±15.2%Aug 18 — IV 174% · EM ±12.6%Aug 19 — IV 414% · EM ±24.5%Aug 20 — IV 333% · EM ±13.9%Aug 24 — IV 57% · EM ±11.9%Aug 25 — IV 40% · EM ±8.1%Aug 26 — IV 54% · EM ±10.9%Aug 27 — IV 52% · EM ±10.1%Aug 28 — IV 43% · EM ±8.2%Aug 31 — IV 58% · EM ±10.3%Sep 01 — IV 66% · EM ±11.4%Sep 02 — IV 64% · EM ±10.6%Sep 04 — IV 69% · EM ±10.8%Sep 07 — IV 78% · EM ±10.8%Sep 08 — IV 27% · EM ±3.6%Sep 09 — IV 25% · EM ±3.1%Sep 10 — IV 33% · EM ±3.9%Sep 11 — IV 42% · EM ±4.6%Sep 14 — IV 52% · EM ±4.3%Sep 15 — IV 44% · EM ±3.2%Sep 21 — IV 59% · EM ±12.4%Sep 22 — IV 34% · EM ±6.9%Sep 23 — IV 27% · EM ±5.4%Sep 24 — IV 46% · EM ±8.9%Sep 25 — IV 36% · EM ±6.9%Sep 28 — IV 52% · EM ±9.2%Sep 29 — IV 58% · EM ±10.0%Sep 30 — IV 81% · EM ±13.5%Oct 01 — IV 80% · EM ±12.9%Oct 02 — IV 82% · EM ±12.7%Oct 06 — IV 53% · EM ±7.0%Oct 07 — IV 42% · EM ±5.2%Oct 08 — IV 25% · EM ±3.0%

Sector peers

RILY
BRC Group Holdings, Inc.
$308M $4.09-6.0%
WHG
Westwood Holdings Group Inc
$184M $18.90+1.1%
SAMG
Silvercrest Asset Management Group Inc.
$121M $10.46+1.4%
HNNA
Hennessy Advisors, Inc.
$79M $10.18-2.3%
ALTI
AlTi Global, Inc.
$465M $2.62-2.1%
ILLR
Triller Group Inc.
$56M $0.08+14.1%

SAR earnings FAQ

What is SAR's expected move for earnings?

Options currently price a move of about ±3.0%, or $0.41 per share either way from $13.49.

How does SAR stock usually react to earnings?

Across the last 6 reports the average next-day move was ±5.7%, up 1 times and down 5 times.

What is SAR's implied volatility?

SAR's at-the-money implied volatility is about 25% based on the latest options snapshot.

View on Nasdaq ↗
🔒 Preview mode. Create a free account to unlock the full earnings calendar, all panels, heatmaps, options flow, and screener.
Sign up free → Sign in