Net Loss of $6.9M, EPS $(0.42) for Saratoga Investment Corp. in Q1
SAR is trading near its 52-week low of $20.78 (0.7% above the low) on elevated volume (2.4× avg).
Summary
Saratoga Investment Corp. reported a Q1 2026 net loss of $6.90 million, or $(0.42) diluted EPS, a sharp reversal from a $13.93 million net increase and $0.91 EPS in the year-ago quarter. The company's Net Investment Income Per Share for Q1 was $0.47, while its NAV Per Share stood at $23.23. This performance, detailed in the 10-Q filing, cited a net loss from operations and declining NAV per share, primarily due to significant unrealized depreciation in its investment portfolio. The substantial swing from profit to loss indicates material pressure on the company's portfolio and profitability, potentially impacting investor confidence, especially with the stock trading near its 52-week low.
At the time of this announcement, SAR was trading at $20.93 on NYSE in the Finance sector, with a market capitalization of approximately $340.5M. The 52-week trading range was $20.78 to $25.64. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.