Weekly Analysts’ Ratings Changes for Saratoga Investment (SAR)

Several brokerages have updated their recommendations and price targets on shares of Saratoga Investment (NYSE: SAR) in the last few weeks:

• 7/9/2026 – Saratoga Investment was downgraded by Zacks Research from “hold” to “strong sell”.
• 7/9/2026 – Saratoga Investment had its price target lowered by B. Riley Financial, Inc. from $23.00 to $22.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Saratoga Investment had its price target lowered by Oppenheimer Holdings, Inc. from $22.00 to $21.00. They now have a “market perform” rating on the stock.
• 7/8/2026 – Saratoga Investment was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 6/24/2026 – Saratoga Investment had its “hold (c)” rating reaffirmed by Weiss Ratings.

Saratoga Investment Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Thursday, September 3rd will be given a dividend of $0.25 per share. This represents a c) dividend on an annualized basis and a dividend yield of 15.8%. The ex-dividend date is Thursday, September 3rd. Saratoga Investment’s payout ratio is 300.00%.

Saratoga Investment Corp. is a closed-end, externally managed investment company that seeks to generate current income and total return through a diversified portfolio of private U.S. companies. Trading on the New York Stock Exchange under the ticker SAR, the firm primarily targets middle-market businesses across a broad range of industries, including industrials, healthcare, consumer products, financial services and technology. Its investment approach combines debt and equity instruments, providing flexible capital solutions such as first-lien and second-lien secured loans, mezzanine debt, preferred equity and common equity positions.

As an actively managed vehicle, Saratoga Investment works closely with portfolio companies’ management teams to support growth initiatives, operational improvements, and strategic transactions.