How to Buy Saratoga Investment Stock
Saratoga Investment Corp
Saratoga Investment is a asset management company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker SAR on the NYSE exchange.
Saratoga Investment stock last closed at $24.09, up 1.13% from the previous day, and has decreased 0.45% in one year. It has underperformed other stocks in the Asset Management industry by 0.36 percentage points. Saratoga Investment stock is currently +11.73% from its 52-week low of $21.56, and -10.78% from its 52-week high of $27.00.
As of Oct 14, 2024, there are 13.8M shares of SAR outstanding. The market value of SAR is $332.46M. In the last 24 hours, 55,824 SAR shares were traded.
How to Buy Saratoga Investment Stock
Wondering how to invest in Saratoga Investment stock? Here's how.
- Decide where to buy Saratoga Investment stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Saratoga Investment stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your investment account: Choose your payment method and add your details.
- Research Saratoga Investment stock: The Saratoga Investment ticker symbol is SAR. Is Saratoga Investment stock a good investment? Should you buy shares of SAR? How do SAR's underlying business fundamentals look? Do top analysts think Saratoga Investment is a good buy? Why has SAR's stock price moved recently? (Hint: Our stock market analysis website can help you decide if SAR is a good stock to buy).
- Make your SAR buy order: Decide if you will purchase SAR shares at the current market price or use a limit order to purchase SAR shares at a particular price.
- Get the latest scoop on your SAR position: Create a watchlist to important notifications about your new investment in Saratoga Investment stock.
Step 1: Decide where to buy Saratoga Investment stock
You need a brokerage account in order to access the NYSE market and buy SAR shares.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you are able to invest in SAR today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you have filled out your info on investing apps, your next step is to transfer the money for your investment:
Watch this video walkthrough for more details depositing money into your brokerage account.
Step 4: Research Saratoga Investment stock
After you have chosen the best place to buy Saratoga Investment stock, it's important to research their stock before you buy, so you can comprehend the risk as well as the upside.
Saratoga Investment Numbers
Saratoga Investment Fundamentals
WallStreetZen was created to help part-time investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SAR's stock page.
What is the fair value of SAR stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SAR's intrinsic value.
Using relative valuations measures:
- SAR could be undervalued based on its P/E ratio of 15.44x, relative to Asset Management industry P/E ratio of 39.72x
- SAR could be undervalued based on its P/B ratio of 0.89x, relative to Asset Management industry P/B ratio of 2.84x
- SAR may be undervalued based on its PEG ratio of 0.48x
You can access additional valuation analysis on SAR's stock here.
SAR Financial Health
Negative Financial Indicators:
- Total SAR debt is higher than 5 years ago, relative to shareholder equity.
- SAR profit margin has gone down from 25.6% to 13.6% in the past year.
- SAR has a relatively high debt to equity ratio of 2.27.
- SAR's operating cash flow of $84.08M allows it to safely service it's debt of $822.55M.
- SAR earnings of $72.68M is not sufficient to cover its interest payments.
Is SAR stock a Buy, Hold, or Sell, according to analysts?
Out of 3 sell side analysts who give forecasts on SAR, the consensus analyst rating on Saratoga Investment is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Saratoga Investment stock forecast page.
SAR Technical Indicators
SAR Growth Numbers
Last year, SAR earnings were $21.18M. In the past 5 year, SAR's earnings have increased by -14.78% per year. This was slower than the Asset Management industry average of 13.95%.
Last year, SAR revenue was $155.26M. During the last 5 year, SAR's revenue has increased by 24.24% per year. This was faster than the Asset Management industry average of 21.65%.
Dig into SAR's earnings and revenue performance here.
Latest Insiders Trades at SAR
Over the past year, insiders at SAR have not bought or sold any shares.
Get more info about who owns SAR stock here.
Can I rely on SAR as an income stream?
Saratoga Investment pays a dividend of 12.16%, compared to the Asset Management industry's average dividend yield of 7.66%. If you owned $1,000 of SAR stock, you would have received $121.63 last year.
Saratoga Investment dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Saratoga Investment dividend yield and history here.
Get opinions from other traders
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
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Step 5: Make your SAR buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, use a limit order.
Press the Open button and eToro will place your order.
If you require additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your SAR position
Now that you own some shares in SAR, you'll want to keep up with your stock purchase.
Add SAR to a watchlist to get notified of the latest news about your SAR stock.
SAR Feed
How to Buy Stock in Saratoga Investment
To reiterate, here are the 6 steps for buying Saratoga Investment stock:
- Decide where to buy Saratoga Investment stock
- Create a brokerage account
- Put funds into your investment account
- Research Saratoga Investment stock
- Make your SAR buy order
- Get the latest scoop on your SAR position
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your investment in Saratoga Investment, create your watchlist below.
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