Top Wall Street Forecasters Revamp Saratoga Investment Expectations Ahead Of Q3 Earnings

Core Viewpoint - Saratoga Investment Corp. is expected to report a decline in quarterly earnings and revenue for its third quarter, indicating potential challenges ahead for the company [1]. Financial Performance - The company is projected to report earnings of 59 cents per share for the third quarter, a decrease from 90 cents per share in the same period last year [1]. - Revenue is anticipated to be $31.35 million, down from $35.88 million a year earlier [1]. Recent Developments - On November 6, Saratoga Investment announced a new $85 million credit facility with Valley National Bank, which may provide additional liquidity for operations [2]. - Following the announcement, shares of Saratoga Investment rose by 0.2%, closing at $23.07 [2]. Analyst Ratings - Analyst John Rowan from Janney Montgomery Scott downgraded the stock from Buy to Neutral on October 10, 2025, with an accuracy rate of 51% [3]. - Analyst Casey Alexander from Compass Point also downgraded the stock from Buy to Neutral and reduced the price target from $25.25 to $24.25 on June 9, 2025, with an accuracy rate of 66% [3].