Saratoga Investment Corp. will announce Q3 2025 financial results on January 8, 2025, followed by a conference call January 9.
Quiver AI Summary
Saratoga Investment Corp. (NYSE:SAR) will release its financial results for the fiscal quarter ending November 30, 2024, on January 8, 2025, after market close, with a subsequent conference call scheduled for January 9, 2025, at 10:00 a.m. ET. The call will feature key executives including Chairman and CEO Christian L. Oberbeck and CFO Henri J. Steenkamp. Interested parties can access the call via a live webcast on the investor relations section of Saratoga's website and can also find a presentation related to the results. Saratoga Investment specializes in providing customized financing solutions to U.S. middle-market businesses, primarily investing in leveraged loans, mezzanine debt, and some equity, with the aim of achieving attractive risk-adjusted returns. The company is regulated under the Investment Company Act of 1940 and manages various funds, including a $600 million collateralized loan obligation (CLO) fund.
Potential Positives
- Saratoga Investment Corp. will report its financial results on January 8, 2025, which can provide investors with timely information about the company's performance.
- The scheduled conference call on January 9, 2025, allows stakeholders to directly engage with key executives for insights into the company's strategy and performance.
- The company's management of a $600 million collateralized loan obligation (CLO) fund demonstrates strong investment capability and significant asset management expertise.
- Saratoga Investment's diverse funding sources and permanent capital base enhance its ability to offer a wide range of financing solutions to U.S. middle-market businesses.
Potential Negatives
- Delay in reporting financial results until January 8, 2025, which may raise concerns among investors about potential issues affecting the company's performance.
- Use of external management by Saratoga Investment Advisors, LLC could lead to questions about the efficiency and alignment of interests compared to internally managed firms.
- The surrender of its first SBIC license after repayment could indicate challenges faced in its earlier fund management, potentially affecting investor perceptions.
FAQ
When will Saratoga Investment Corp. report its financial results?
Saratoga Investment Corp. will report its financial results on January 8, 2025, after market close.
What is the date and time of the conference call?
The conference call will take place on January 9, 2025, at 10:00 a.m. Eastern Time (ET).
How can I access the webcast for the conference call?
You can access the live webcast on Saratoga Investment Corp.'s investor relations website in the "Events & Presentations" section.
Who are the key speakers for the conference call?
The call will feature Christian L. Oberbeck, Michael J. Grisius, and Henri J. Steenkamp.
Where will the Form 10-Q be filed?
The Form 10-Q will be filed with the Securities and Exchange Commission on January 8, 2025.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SAR Hedge Fund Activity
We have seen 23 institutional investors add shares of $SAR stock to their portfolio, and 34 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC added 107,499 shares (+2268.4%) to their portfolio in Q3 2024
- KOVITZ INVESTMENT GROUP PARTNERS, LLC added 62,545 shares (+inf%) to their portfolio in Q3 2024
- ROCKEFELLER CAPITAL MANAGEMENT L.P. removed 56,977 shares (-100.0%) from their portfolio in Q2 2024
- BLACKROCK, INC. added 39,026 shares (+inf%) to their portfolio in Q3 2024
- FRANKLIN RESOURCES INC removed 36,023 shares (-100.0%) from their portfolio in Q2 2024
- QUADRATURE CAPITAL LTD removed 29,641 shares (-100.0%) from their portfolio in Q2 2024
- JANNEY MONTGOMERY SCOTT LLC removed 20,761 shares (-100.0%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Saratoga Investment Corp. (NYSE:SAR), a business development company, will report its financial results for the fiscal quarter ended November 30, 2024, on Wednesday January 8, 2025, after market close. A conference call to discuss the financial results will be held on Thursday January 9, 2025. Details for the conference call are provided below.
Who: | Christian L. Oberbeck , Chairman and Chief Executive Officer |
Michael J. Grisius, Chief Investment Officer | |
Henri J. Steenkamp , Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary | |
When: | Thursday, January 9, 2025 |
10:00 a.m. Eastern Time (ET) | |
How: | Webcast: Interested parties may access a live webcast of the call and find the Q3 2025 presentation by going to the "Events & Presentations" section of Saratoga Investment Corp.'s investor relations website, Saratoga events and presentations . A replay of the webcast will also be available for a limited time at Saratoga events and presentations . |
Call: | To access the call by phone, please go to this link registration link and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. |
Information : | Saratoga Investment Corp.'s Form 10-Q for the fiscal quarter ended November 30, 2024, will be filed on January 8, 2025, with the Securities and Exchange Commission. |
About Saratoga Investment Corp.
Saratoga Investment is a specialty finance company that provides customized financing solutions to U.S. middle-market businesses. The Company invests primarily in senior and unitranche leveraged loans and mezzanine debt, and, to a lesser extent, equity to provide financing for change of ownership transactions, strategic acquisitions, recapitalizations and growth initiatives in partnership with business owners, management teams and financial sponsors. Saratoga Investment's objective is to create attractive risk-adjusted returns by generating current income and long-term capital appreciation from its debt and equity investments. Saratoga Investment has elected to be regulated as a business development company under the Investment Company Act of 1940 and is externally managed by Saratoga Investment Advisors, LLC, an SEC-registered investment advisor focusing on credit-driven strategies. Saratoga Investment Corp. owns two active SBIC-licensed subsidiaries, having surrendered its first license after repaying all debentures for that fund following the end of its investment period and subsequent wind-down. Furthermore, it manages a $600 million collateralized loan obligation ("CLO") fund and co-manages a joint venture ("JV") fund that owns a $400 million collateralized loan obligation ("JV CLO") fund. It also owns 52% of the Class F and 100% of the subordinated notes of the CLO, 87.5% of both the unsecured loans and membership interests of the JV and 87.5% of the Class E notes of the JV CLO. The Company's diverse funding sources, combined with a permanent capital base, enable Saratoga Investment to provide a broad range of financing solutions.
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Contact:
Henri Steenkamp
Saratoga Investment Corp.
212-906-7800