{"filings":[{"id":2482036,"accession_number":"0001213900-26-093812","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-08-26T15:27:03+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment issues $85M 8.00% notes due 2031; proceeds to redeem 6.00% notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$85.0M aggregate principal 8.00% Notes due 2031; maturity Aug 31, 2031; quarterly interest.","Net proceeds ~$82.04M after $2.66M underwriting discount and ~$0.3M expenses.","Proceeds to redeem in full outstanding 6.00% notes due 2027.","Redemption optional at par plus accrued interest on/after Aug 26, 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2356916,"accession_number":"0001213900-26-091736","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-08-19T20:54:31+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Saratoga Investment issues $85M 8.00% Notes due 2031; redeems $105.5M of 6.00% Notes due 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Underwriting agreement with Lucid Capital Markets for $85M principal of 8.00% Notes due 2031; up to $12.75M additional within 30 days.","Closing expected August 26, 2026; notes to list on NYSE under symbol \"SAX\".","Company redeems all outstanding $105.5M of 6.00% Notes due 2027 on September 18, 2026.","Redemption price: 100% of principal plus $316,500 accrued interest; funded by new offering and cash."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2087596,"accession_number":"0001213900-26-085846","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-08-05T23:35:55+00:00","items":["5.02"],"status":"ready","headline":"Saratoga Investment Corp. appoints Scott E. Zoellner as independent director, expanding board to six","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board increased from five to six members; Zoellner appointed effective August 5, 2026.","Zoellner is independent and not an 'interested person' under the Investment Company Act.","He will serve on audit, compensation, and nominating committees.","Zoellner is Partner and COO/CFO of Niobrara Capital; previously 21 years at AEA Investors and Managing Director at Credit Suisse.","Company entered into standard indemnification agreement with Zoellner."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1498757,"accession_number":"0001213900-26-075941","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-07-07T20:05:37+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q1 FY2027: NAV per share down 4.9% to $23.23; EPS loss of $0.42","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted NII per share $0.47 vs $0.53 prior quarter; total investment income $30.8M, down 4.8% YoY.","AUM grew 1.6% to $1.126B; net originations $31M from $79.2M in new investments in two new portfolio companies.","Non-accruals at 0.0% of fair value; core BDC portfolio fair value 0.2% below cost; Pepper Palace written down to zero.","Quarter-end cash $60.8M; issued $25M 7.25% notes due 2029; total undrawn borrowing capacity $196.8M.","Base quarterly dividend maintained at $0.75/share; LTM ROE 4.0% vs BDC industry average 2.4%."],"consensus_eps_estimate":0.5594,"consensus_eps_actual":-0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92514,"accession_number":"0001213900-26-052225","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment FY2026 ROE 9.1% beats prior year; AUM up 13.4% to $1.11B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Annual ROE 9.1% vs 7.5% prior year and BDC industry avg of 4.3%; EPS $2.31 vs $2.02.","AUM $1.109B (+13.4% YoY); NAV per share $24.42, down from $25.86 due to dividends exceeding NII.","Total investment income $125.7M, down 15.5% YoY on lower SOFR rates and tighter spreads.","Q4 originations $135.1M, net deployments $101.1M; non-accruals low at 0.2% of fair value.","Quarterly dividend $0.75 per share for Q1 FY2027 ($0.25/month); FY2026 total $3.74 incl. $0.25 special."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92513,"accession_number":"0001213900-26-043547","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-04-14T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment Corp. Issues $25M of 7.25% Notes Due 2029","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $25 million of 7.25% Notes due 2029 to an institutional investor in a private placement.","Net proceeds of approximately $24.275 million after deducting $225,000 in offering expenses.","Notes mature April 10, 2029, with an optional one-year extension to October 10, 2029 at company’s discretion.","Company may issue up to $50 million of additional notes in one or more private offerings by July 10, 2026.","Notes are unsecured, rank pari passu with existing unsubordinated debt, and are subject to 1940 Act covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103403,"accession_number":"0001213900-26-027678","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-03-13T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Saratoga Investment Corp. amends ATM equity distribution agreement for new shelf registration","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment No. 5 to Equity Distribution Agreement effective March 13, 2026.","Migrates ATM program to shelf registration statement on Form N-2 (333-292765).","Agents unchanged: Lucid, Ladenburg, Compass Point, Raymond James.","Updates subsidiary representations; no change in ATM size or terms.","Legal opinion from Eversheds Sutherland (US) LLP filed as Exhibit 5.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103402,"accession_number":"0001213900-26-013267","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-02-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $100M 7.50% Notes due 2031, proceeds to repay existing 4.375% notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $100.0M aggregate principal of 7.50% Notes due 2031; net proceeds ~$96.375M after underwriting discount and expenses.","Notes mature on February 6, 2031; interest payable quarterly starting May 31, 2026.","Net proceeds and available cash will be used to pay off the outstanding 4.375% notes due 2026 at maturity on Feb 28, 2026.","Notes are unsecured, rank pari passu with existing unsecured unsubordinated debt, and structurally subordinated to subsidiaries' obligations.","Closing occurred on February 6, 2026; offering made under effective shelf registration statement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103401,"accession_number":"0001213900-26-010305","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-01-30T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment Corp issues $100M of 7.50% Notes due 2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offering of $100M aggregate principal amount of 7.50% Notes due 2031; underwriters may purchase up to $15M additional within 30 days.","Notes expected to close Feb 6, 2026 and to be listed on NYSE under ticker 'SAV'.","Underwriting agreement with Lucid Capital Markets, LLC as representative of several underwriters.","Issuance under existing shelf registration (File No. 333-269186); proceeds for general corporate purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103400,"accession_number":"0001213900-26-008245","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-01-27T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $50M 7.25% Senior Notes due 2030; proceeds to redeem 4.375% Notes due 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $50M aggregate principal of 7.25% Senior Unsecured Notes due May 1, 2030 in private placement.","Net proceeds approximately $48.5M after placement agent fee and expenses of ~$1.5M.","Intends to use net proceeds to redeem outstanding 4.375% Notes due 2026 and for general corporate purposes.","Notes are redeemable at Company's option at any time before Jan 23, 2028 at make-whole premium, thereafter at par.","Company entered into Registration Rights Agreement obligating it to file exchange offer registration statement within 365 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103399,"accession_number":"0001213900-26-002156","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2026-01-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q3 NII $0.61 (+5.2% QoQ), NAV stable $25.59, ROE 13.5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["NII per share $0.61, up $0.03 from Q2; adjusted NII $0.61; EPS $0.74 vs $0.84 last quarter.","NAV $413.2M ($25.59/share) vs $410.5M ($25.61) prior; AUM $1.016B (+2.1% QoQ).","Annualized Q3 ROE 13.5%; LTM ROE 9.7% beats BDC industry average of 6.6%.","Net originations $17.2M: $72.1M originations (3 new cos) and $54.9M repayments.","Base dividend $0.75/share for Q4 FY2026; total FY2026 dividends $3.25/share incl $0.25 special."],"consensus_eps_estimate":null,"consensus_eps_actual":2.49,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119640,"accession_number":"0001213900-25-107282","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2025-11-07T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Saratoga Investment enters $85M Valley National credit facility, terminates prior Encina facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $85M revolving credit facility with Valley National Bank; can be increased to $100M in first two years.","Facility matures Nov 6, 2028; interest at Term SOFR + 2.85% (SOFR floor 1.00%); unused fee 0.50%-0.75%.","Advance rates on eligible loans range from 25% to 75% based on loan type; collateral includes SIF II assets and equity pledge.","Terminated prior Encina credit facility and equity pledge agreement upon satisfaction of all obligations.","SIF II must maintain minimum drawn amount of $25M or 38% of facility amount; financial covenants include interest coverage and overcollateralization tests."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119639,"accession_number":"0001213900-25-097029","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2025-10-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q2 NAV up 3.6% to $410.5M; Zollege returns to accrual","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["NAV $410.5M, NAV per share $25.61 (+0.4% QoQ); Q2 ROE 13.8%, LTM ROE 9.1% beats BDC avg 7.3%","Total investment income $30.6M, down 28.8% YoY due to non-recurrence of $7.9M Knowland interest and lower rates","Adjusted NII $0.58 per share, down from $0.66 last quarter and $1.33 YoY; base dividend $0.75 per share (12.3% yield)","Zollege returned to accrual; only one non-accrual (Pepper Palace) at 0.2% of fair value and 0.3% at cost","Originations $52.2M in three follow-ons and BB/BBB CLO investments; net originations $22.4M; subsequent closings $52.3M"],"consensus_eps_estimate":null,"consensus_eps_actual":1.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136213,"accession_number":"0001213900-25-091767","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2025-09-26T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Saratoga Investment Corp. annual meeting: directors elected, auditor ratified","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Stockholders elected Steven M. Looney (4,474,615 for, 892,437 withheld) and Charles S. Whitman III (4,365,201 for, 1,001,851 withheld) to the board until 2028.","Ratification of Ernst & Young as independent auditor for fiscal year ending Feb 28, 2026 was approved: 10,593,050 for, 848,257 against, 92,674 abstentions.","Total shares eligible: 15,951,835; shares voted: 11,533,981 at the Sept 25, 2025 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136212,"accession_number":"0001213900-25-062058","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2025-07-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q1 adjusted NII up 17.9% QoQ to $0.66; ROE beats industry at 14.1% annualized","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted NII per share $0.66, up 17.9% from $0.56 last quarter; total NII $10.1M.","EPS $0.91 vs ($0.05) loss prior quarter; LTM ROE 9.3% beats BDC industry average 7.0%.","NAV per share $25.52, down $0.34 QoQ; excluding one-time dividend policy change would be $26.02 (+0.6%).","Base quarterly dividend of $0.75/sh declared for Q2 FY2026; 11.8% yield based on $25.44 stock price.","New originations $50.1M in 2 new portfolio cos; repayments $64.3M; cash $224.3M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.91,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153287,"accession_number":"0001213900-25-040636","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment FY2025 NAV per share $25.86, adjusted NII $3.81, dividend raised to $0.75/Q","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2025 adjusted NII per share $3.81 vs $4.10 YoY; total NAV up $22.5M to $392.7M.","NAV per share $25.86 (down 4.6% YoY from $27.12) due to share dilution; EPS $2.02 up from $0.71.","Base dividend transitioned to monthly $0.25/share ($0.75/Q) vs $0.74/Q prior; FY2025 total $3.31 incl $0.35 special.","Non-accruals only 0.3% of fair value; core non-CLO portfolio 1.6% above cost; 88.7% first lien.","Subsequent to quarter-end, $45.5M originations in 2 new companies and 6 follow-ons; net investment increase $21M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172068,"accession_number":"0001213900-25-002073","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2025-01-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q3 FY2025: Adj NII $0.90, LTM ROE 9.2%, $84.5M originations, $0.35 special dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adj NII per share $0.90 (excl. Knowland reversal) vs $0.89 prior quarter; GAAP EPS $0.64; NII yield 13.3%.","Total investment income $35.9M, down 16.6% QoQ due to $7.9M non-recurring Knowland reversal in prior qtr.","Originations $84.5M (two new platforms, eight follow-ons); repayments $160.4M (five full repayments).","NAV per share $26.95, down from $27.07; total NAV $374.9M, up $2.8M QoQ.","Declared $0.74 regular + $0.35 special dividend paid Dec 19; share repurchase plan extended to Jan 2026."],"consensus_eps_estimate":0.691,"consensus_eps_actual":2.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189049,"accession_number":"0001213900-24-089936","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2024-10-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Saratoga Investment Corp. re-elects Christian L. Oberbeck as director at 2024 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual meeting held Oct 23, 2024; record date July 29, 2024 with 13,745,769 eligible shares.","7,257,704 shares voted in person or by proxy; director nominee Christian L. Oberbeck received 6,366,788 votes for, 890,916 withheld.","No broker non-votes; Oberbeck will serve until the 2027 annual meeting or until successor is elected.","No other proposals were submitted for stockholder vote at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189048,"accession_number":"0001213900-24-086277","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2024-10-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q2 NII per share $1.33, up 26.7% sequentially; NAV per share rises to $27.07","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total investment income $43.0M, up 21.1% YoY from $35.5M; includes $7.9M Knowland interest reserve reversal.","Adjusted NII per share $1.33, up 26.9% from $1.05 prior quarter; dividend maintained at $0.74 per share.","NAV per share $27.07 (Aug 31, 2024) vs $26.85 prior quarter and $28.44 a year ago.","Portfolio fair value $1.041B; 85.2% first lien debt; two non-accruals at 0.3% of fair value.","Subsequent to quarter-end, $56.7M new originations (two new platforms) and $20.5M repayment including Knowland."],"consensus_eps_estimate":0.9363,"consensus_eps_actual":1.45,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205528,"accession_number":"0001213900-24-081735","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2024-09-25T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Saratoga Investment postpones annual meeting to Oct 23 due to anticipated lack of quorum","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Original meeting Sept 26, 2024 postponed to Oct 23, 2024 at 10 a.m. ET at Ropes and Gray offices.","Company anticipates insufficient shares present or represented to constitute a quorum at original date.","Majority of votes received are in favor of electing Christian L. Oberbeck as director for term ending 2027.","Record date remains July 29, 2024; proposals unchanged from proxy statement filed Aug 1, 2024.","Company urges stockholders to vote before Oct 22, 2024 at 11:59 p.m. ET."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205527,"accession_number":"0001213900-24-060123","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2024-07-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q1 NII $1.05/sh, dividend raised to $0.74, NAV per share $26.85","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net investment income per share $1.05 (vs $1.35 YoY); adjusted NII also $1.05.","Dividend increased to $0.74 per share, 17th consecutive quarterly increase.","NAV per share $26.85, down from $28.48 a year ago; AUM $1.096B.","Completed Zollege restructuring, Pepper Palace imminent; Netreo sale realized $6.1M loss.","Post-quarter: Live Oak credit facility expanded from $50M to $75M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222461,"accession_number":"0001213900-24-053343","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment increases SPV credit facility from $50M to $75M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Borrowing capacity under Live Oak Credit Facility raised from $50M to $75M.","Amendment adds new lenders and changes approval thresholds to Required Lender or 100% lender.","Required Lender definition now requires at least two unaffiliated lenders.","Facility is a special purpose vehicle financing for subsidiary Saratoga Investment Funding III LLC."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222460,"accession_number":"0001213900-24-043694","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2024-05-15T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Saratoga Investment adds Lucid Capital Markets as distribution agent to ATM program","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment No. 4, dated May 15, 2024, adds Lucid Capital Markets as a distribution agent to the existing Equity Distribution Agreement.","The ATM program, established July 2021, allows Saratoga to sell common stock from time to time through agents.","No financial terms or program changes disclosed; this is a routine appointment of an additional agent.","Lucid joins existing agents: Ladenburg Thalmann, Compass Point, Raymond James."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222459,"accession_number":"0001213900-24-040087","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2024-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q4 FY2024 adj NII $0.94/share; AUM $1.139B; dividend $0.73","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2024 NII per share $4.49 (+53% YoY); adjusted NII $4.10 (+44% YoY).","Q4 NII $0.94/share, dividend $0.73 (16th consecutive quarterly increase).","AUM rose 17.1% to $1.139B; originations $246.1M for the year.","Portfolio marks down $13.8M on Pepper Palace and Zollege; NAV $27.12/share (vs $29.18)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":241985,"accession_number":"0001213900-24-027201","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2024-03-28T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment Corp. closes $50M credit facility, expandable to $150M, via subsidiary SIF III","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["SIF III entered $50M Live Oak facility; can increase up to $150M within 2 years subject to conditions.","Facility matures March 27, 2027, with optional 1-year extension; interest at Term SOFR + 3.50%-4.25%.","Secured by SIF III assets and pledge of SIF III equity by Saratoga; minimum drawn amount $12.5M first year.","Proceeds used to fund loan purchases; includes interest coverage and overcollateralization covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":241984,"accession_number":"0001213900-24-002285","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2024-01-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q3 adjusted NII $1.01/share, up 31% YoY; AUM $1.114B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Adjusted NII per share $1.01 vs $0.77 year ago; GAAP NII $1.09 per share.","Investment income $36.3M, up 38% YoY; AUM $1.114B, up 13% YoY.","Dividend declared $0.72 per share, 15th consecutive quarterly increase, 40% over-earned.","NAV per share $27.42, down from $28.44 last quarter due to $17.9M unrealized depreciation.","Originated $35.6M in follow-on investments; no new portfolio companies; credit quality 97.1% highest rating."],"consensus_eps_estimate":null,"consensus_eps_actual":0.29,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259397,"accession_number":"0001213900-23-081271","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2023-10-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Fiscal Q2 2024: Adj NII $1.08/sh, dividend $0.71, AUM $1.099B, NAV $28.44","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net investment income $1.15/sh ($1.08 adjusted), up 86% YoY on adj. basis; EPS $0.65 vs ($0.02) last quarter.","Assets under management $1.099B, +15.1% YoY; originations $27.5M, repayments $6.0M.","Quarterly dividend raised to $0.71/sh (14th consecutive increase), up 31% YoY.","Pepper Palace markdown of $15.4M drove $5.7M net unrealized depreciation; 98.2% of loans at highest rating.","Raised $24.3M equity in Q2 via ATM at NAV; $10M additional post quarter-end."],"consensus_eps_estimate":null,"consensus_eps_actual":0.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276667,"accession_number":"0001213900-23-080565","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2023-09-28T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Saratoga Investment Corp. announces election of two directors at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["At Sept. 28, 2023 annual meeting, stockholders elected G. Cabell Williams and Henri J. Steenkamp as directors.","Williams: 5,443,069 votes for, 926,974 withheld; Steenkamp: 6,117,864 for, 252,179 withheld.","Both directors will serve until the 2026 annual meeting or until successors are elected and qualified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276666,"accession_number":"0001213900-23-058189","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2023-07-19T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Saratoga adds Raymond James as distribution agent for ATM equity program","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Raymond James & Associates added as distribution agent under existing equity distribution agreement dated July 30, 2021.","Amendment No. 3 effective July 19, 2023, updates agent list and notice provisions.","ATM program remains in place; no change to share amounts or offering terms disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276665,"accession_number":"0001213900-23-055855","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2023-07-10T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Saratoga Investment upsizes ATM equity offering program to $300M from $150M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Increased maximum aggregate offering of common stock under ATM program to $300M from $150M on July 10, 2023.","Entered Amendment No. 2 to Equity Distribution Agreement with Ladenburg Thalmann and Compass Point.","Approximately $173.2M remained available for sale under the ATM Program as of July 10, 2023.","Shares may be sold through agents at-the-market; no obligation to sell."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276664,"accession_number":"0001213900-23-055814","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2023-07-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q1 NII per share $1.35, up 105% YoY; AUM hits $1.08B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["NII per share $1.35 (up 105% YoY, 67% QoQ); adjusted NII per share $1.08 (up 104% YoY); EPS ($0.02) on unrealized losses.","AUM $1.084B (+21% YoY); net originations $129M; 96.5% loans rated highest; one non-accrual credit.","Dividend raised 32% YoY to $0.70/share; 10.2% yield; overearned by $0.38 vs adjusted NII.","Weighted average current coupon on core portfolio 12.7% (vs 8.5% YoY); 85% first lien floating rate.","Raised $77.5M in fixed-rate notes; ATM program increased to $300M; $88.2M liquidity at quarter end."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294446,"accession_number":"0001213900-23-035537","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2023-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q4 FY2023: NII per share up 69% YoY, AUM up 19% to $972.6M, dividend raised to $0.69","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["NII per share $0.81; adjusted NII per share $0.98, up 85% from $0.53 in Q4 prior year.","AUM $972.6M (+19% YoY); portfolio yield 12.1% on 89% floating-rate assets, up from 9.5%.","Dividend $0.69 per share, up 30% from $0.53; over-earned by $0.29 per share quarterly.","Raised $301.4M in long-term fixed-rate notes; received third SBIC license adding $175M debt capacity.","Post-quarter originations $118.5M in 5 new companies; total liquidity $128.6M plus $148M undrawn from SBIC III."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294445,"accession_number":"0001213900-23-029874","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2023-04-14T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $50M of 8.50% Notes due 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $50M principal amount of 8.50% Notes due April 15, 2028; underwriters may purchase up to $7.5M additional.","Net proceeds of ~$48.2M after underwriting discounts and expenses.","Intends to use net proceeds to repay Encina credit facility, make middle-market investments, and for general corporate purposes.","Notes listed on NYSE under symbol SAZ; interest payable quarterly beginning May 31, 2023.","Notes are unsecured, rank pari passu with other unsubordinated unsecured debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":315049,"accession_number":"0001213900-23-006966","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2023-02-02T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment amends credit facility: borrowing base raised to $65M, maturity extended to Jan 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Facility increased from $50M to $65M; maximum potential facility increase raised from $75M to $150M.","Interest benchmark switched from LIBOR to Term SOFR + 0.10% credit spread adjustment; margin increased from 4.00% to 4.25%.","Revolving period extended to January 27, 2026; facility increase request window extended to January 27, 2025.","Valley National Bank added as a new lender under the credit agreement.","Conditions for eligible collateral loans revised to exclude certain industries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":315048,"accession_number":"0001213900-23-002015","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2023-01-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q3 NII per share $0.83, up 84% YoY; dividend raised 26% to $0.68","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["NII per share $0.83 (up 30% QoQ, 84% YoY); adjusted NII per share $0.77 (up 33% QoQ, 45% YoY).","Quarterly dividend increased 26% to $0.68 per share, paid Jan 4, 2023.","AUM $982M (+48% YoY); NAV per share $28.25 (flat QoQ); 96% of loans at highest rating.","Issued $46M of 8.00% notes due 2027 and $60.4M of 8.125% notes due 2027 in Oct-Dec 2022.","Third SBIC license approved, providing up to $175M in additional SBA debenture capacity."],"consensus_eps_estimate":null,"consensus_eps_actual":0.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333393,"accession_number":"0001213900-22-079500","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-12-13T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $52.5M of 8.125% Notes due 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Principal amount $52.5M; interest rate 8.125% per year; maturity Dec 31, 2027.","Net proceeds ~$50.76M after underwriting discounts ($1.64M) and expenses ($100K).","Interest payable quarterly starting Feb 28, 2023; redeemable at par on/after Dec 13, 2024.","Proceeds to fund middle-market investments and for general corporate purposes.","Notes are unsecured, rank pari passu with existing unsubordinated unsecured debt."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333392,"accession_number":"0001213900-22-077962","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-12-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $52.5M of 8.125% Notes due 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Underwriting agreement signed Dec 5, 2022 for $52.5M aggregate principal amount of 8.125% Notes due 2027.","Closing expected Dec 13, 2022; underwriters have option for additional $7.875M within 30 days.","Notes to be listed on NYSE under symbol 'SAY' within 30 days of issue.","Offering made under shelf registration statement; Ladenburg Thalmann is representative underwriter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333391,"accession_number":"0001213900-22-066744","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-10-27T23:59:59+00:00","items":["2.03","1.01","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $40M 8.00% notes due 2027; net proceeds ~$38.45M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Principal amount of $40M, interest at 8.00% per year, maturity October 31, 2027.","Net proceeds of approximately $38.45M, after underwriting discounts and offering expenses.","Proceeds to be used for middle-market investments and general corporate purposes.","Notes are unsecured, rank pari passu with existing unsubordinated debt, and callable at par after Oct 27, 2024.","Covenants include asset coverage tests under the 1940 Act and restrictions on dividends/purchases when coverage is insufficient."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333390,"accession_number":"0001213900-22-065242","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-10-20T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $40M of 8.00% notes due 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $40M aggregate principal of 8.00% Notes due 2027 via underwritten offering.","Underwriters may purchase up to $6M additional Notes within 30 days.","Closing expected Oct 27, 2022; notes to list on NYSE under symbol SAJ.","Underwriting agreement with Ladenburg Thalmann includes customary representations and indemnification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333389,"accession_number":"0001213900-22-061821","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-10-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment Q2 2023: NII $0.64/sh, NAV $28.27, AUM $954.7M; SBIC III approved","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["NII per share $0.64 (adjusted $0.58); EPS $0.08 vs $0.71 YoY; dividend increased to $0.54/share.","NAV per share $28.27, down 1.5% from Q1; AUM $954.7M, up 43.3% YoY.","Originations $140.6M, repayments $75.1M; 83% first lien; 96% of loans at highest internal rating.","Received SBIC III license providing up to $175M in additional SBA debentures; $107M immediate liquidity.","Repurchased 153,350 shares at $24.04 avg during quarter; $17.3M total repurchased since plan."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350904,"accession_number":"0001213900-22-060216","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-09-29T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Saratoga Investment re-elects Looney and Whitman as directors with >90% votes","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Steven M. Looney received 5,466,653 votes for, 546,564 withheld; Charles S. Whitman III received 5,446,091 for, 567,126 withheld.","No broker non-votes were reported; 6,013,217 of 11,930,233 eligible shares were voted at the 2022 annual meeting.","Both directors elected to serve until the 2025 annual meeting of stockholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350903,"accession_number":"0001213900-22-059910","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-09-29T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Saratoga Investment receives third SBIC license from SBA for up to $175M in debentures","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Third SBIC license approved by SBA, providing up to $175 million in additional long-term capital via SBA-guaranteed debentures.","Combined SBIC leverage capacity capped at $350 million outstanding with at least $175 million in combined regulatory capital.","CEO Christian L. Oberbeck comments on expanding SBA relationship and deploying capital to small businesses.","The new license enables Saratoga to access cost-effective financing for its BDC capital structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350902,"accession_number":"0001213900-22-055314","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-09-12T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Saratoga Investment issues $12M of 7.00% Notes due 2025 in private placement","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $12.0M in 7.00% Notes due Sept 8, 2025; net proceeds ~$11.56M after fees.","Notes are direct unsecured obligations, ranking pari passu with existing unsecured debt.","Purchaser may buy up to an additional $8.0M of Notes by Sept 30, 2022.","Proceeds to be used for middle-market investments and general corporate purposes.","Total outstanding unsecured notes under purchase agreements now $27.0M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350901,"accession_number":"0001213900-22-048225","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-08-15T23:59:59+00:00","items":["2.03","1.01","9.01"],"status":"ready","headline":"Saratoga Investment issues additional $8M of 6.00% notes due 2027; total $105.5M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $8M additional 6.00% Notes due 2027; total outstanding now $105.5M.","Net proceeds ~$7.75M (after discount & expenses) for middle-market investments and general purposes.","Mature Apr 30, 2027; interest quarterly starting Aug 31, 2022; redeemable at par on/after Apr 27, 2024.","New notes are fungible with existing $97.5M 6.00% Notes due 2027 under same indenture."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350900,"accession_number":"0001213900-22-037607","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-07-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment posts Q1 FY2023 loss of $0.12 EPS; adjusted NII $0.53","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $1.5M ($0.12 EPS) vs net income $21.0M ($1.88 EPS) a year ago; NII $8.0M ($0.66/share).","Adjusted NII per share $0.53, unchanged from prior qtr; dividend maintained at $0.53/share.","NAV per share $28.69, down 2.2% from $29.33 last qtr; AUM $894.5M, up 9.4% sequentially.","Issued $97.5M of 6.00% baby bonds due 2027; redeemed $43.1M SAK 7.25% notes on July 14.","Portfolio 80% first lien, 98.5% floating rate; 95% of credits at highest rating."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":368106,"accession_number":"0001213900-22-032816","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-06-14T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Saratoga Investment Corp. to redeem all $43.1M of 7.25% Notes due 2025 on July 14, 2022","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Redeeming $43,125,000 aggregate principal of 7.25% Notes due 2025 at par ($25/note) plus accrued interest.","Redemption date is July 14, 2022; accrued interest payable is approx. $373,451.52 ($0.22 per note).","Interest will cease to accrue on the Notes after the Redemption Date.","Holders must surrender Notes to U.S. Bank Trust Company as paying agent to receive payment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":368105,"accession_number":"0001213900-22-023967","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Saratoga Investment reports FY22 adjusted NII $2.24/sh, NAV per share $29.33 (all-time high); ROE 13.9%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY22 total investment income $70.7M (+22.7% YoY); adjusted NII $25.7M ($2.24/sh).","Q4 NAV per share $29.33, up $0.16 QoQ; 17th increase in 19 quarters.","AUM $817.6M (+47.5% YoY); originations $458.1M in FY.","Declared Q4 dividend $0.53/sh, paid March 28; total FY dividends $1.92/sh.","Closed $75M 4.35% notes and $87.5M 6.0% notes due 2027; available liquidity $90.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":368104,"accession_number":"0001213900-22-021904","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-04-27T23:59:59+00:00","items":["2.03","1.01","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $87.5M of 6.00% Notes due 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $87.5M aggregate principal amount of 6.00% Notes due April 30, 2027; interest payable quarterly starting Aug 31, 2022.","Net proceeds of approximately $85.5M after underwriting discounts and offering expenses.","Proceeds to fund middle-market investments and may redeem all outstanding 7.25% Notes due 2025 (SAK) callable June 24, 2022.","Notes are unsecured, rank pari passu with existing unsubordinated debt, and structurally subordinated to subsidiary obligations.","Indenture includes asset coverage covenants under the 1940 Act; redeemable at par on or after April 27, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":368103,"accession_number":"0001213900-22-020802","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-04-20T23:59:59+00:00","items":["2.03","1.01","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $87.5M of 6.00% Notes due 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$87.5M aggregate principal of 6.00% Notes due 2027; underwriters may purchase up to $12.5M additional.","Underwriting agreement with Ladenburg Thalmann & Co. Inc. as representative of several underwriters.","Closing expected April 27, 2022; Notes to be listed on NYSE under symbol \"SAT\".","Proceeds used for general corporate purposes; existing 7.25% Notes (SAK) remain outstanding."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":387433,"accession_number":"0001213900-22-002669","cik":1377936,"company_name":"SARATOGA INVESTMENT CORP.","ticker":"SAR","form_type":"8-K","filed_at":"2022-01-19T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Saratoga Investment Corp. issues $75M of 4.35% Notes due 2027, net proceeds ~$72.7M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $75M aggregate principal amount of 4.35% Notes due 2027, maturing Feb 28, 2027.","Net proceeds of ~$72.7M after underwriting discount of $1.5M and estimated offering expenses of ~$250K.","Interest payable semi-annually on Feb 28 and Aug 28, beginning Aug 28, 2022.","Use of proceeds: investments in middle-market companies and general corporate purposes.","Notes are unsecured obligations ranking pari passu with existing unsecured debt; redeemable at option with make-whole premium."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":366349669.4080717,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-01-19T23:59:59+00:00|387433"}