Saratoga Investment Misses Q2 Earnings Estimates as Net Asset Value Declines

Key Facts

1Saratoga Investment reported adjusted net investment income of $0.46 per share, missing analyst estimates of $0.49.

2The company's net asset value (NAV) declined to $22.15 per share from $23.23 in the previous quarter.

3Assets under management grew 2.1% to $1.15 billion despite reporting a net loss of $0.41 per share.

Saratoga Investment reported adjusted net investment income of $0.46 per share for its fiscal second quarter of 2027, missing analyst estimates of $0.49. According to Financial Modeling Prep, the company's net asset value (NAV) declined to $22.15 per share from $23.23 in the previous quarter. The company also reported a net loss of $0.41 per share during the period.

Assets under management grew 2.1% to reach $1.15 billion, despite headwinds from higher borrowing costs following refinancing efforts. SAR closed at $14.91 on October 7, 2026, with the stock trading between a session low of $13.78 and a high of $15.25.