earnings
confidence high
sentiment positive
materiality 0.75
Saratoga Investment Q1 adjusted NII up 17.9% QoQ to $0.66; ROE beats industry at 14.1% annualized
SARATOGA INVESTMENT CORP.
2026-Q1 EPS reported
$0.91
- 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.