Saratoga Investment Corp (NYSE:SAR) is expected to report first quarter earnings results, after market close, on Wednesday 8th July 2020.
Analysts polled by Thomson Reuters anticipate first quarter loss of $ 1.38 per share.
Looking ahead, the full year loss are expected at $ 0.45 per share on the revenues of $ 55.25 million.
Stock Performance
According to the previous trading day, closing price of SAR was $ 15.08, representing a 153.87 % increase from the 52 week low of $ 5.94 and a 47.46 % decrease over the 52 week high of $ 28.70.
The company has a market capital of $ 169.16 million and is part of the Financial Services sector and Asset Management industry.
Recent Analyst recommendations
On 15th May 2020, maintained by Compass Point at Buy rating, with $ 16.50 target price.
Conference Call
Saratoga Investment Corp will be hosting a conference call at 10:00 AM eastern time on 9th July 2020, to discuss its 1Q21 financial results with the investment community. The participants may dial, (877) 312-9208 Toll Free or (678) 224-7872 (International) in order to access the live audio call. A replay of the event will be available by calling the dial-in number(s) (855) 859-2056 Toll Free, (United States) or (404) 537-3406 Toll Number, and the passcode is 8978338. A live webcast with presentations will be available on the Internet by visiting the Company website ir.saratogainvestmentcorp.com/events-presentations.
Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies. It structures its investments as debt and equity by investing through first and second lien loans, mezzanine debt, co-investments, select high yield bonds, senior secured bonds, unsecured bonds, and preferred and common equity.
