CION Investment Corporation (CION)
| Market Cap | 495.80M |
| Revenue (ttm) | 252.43M |
| Net Income (ttm) | 33.90M |
| Shares Out | 53.03M |
| EPS (ttm) | 0.63 |
| PE Ratio | 14.77 |
| Forward PE | 6.74 |
| Dividend | $1.54 (16.47%) |
| Ex-Dividend Date | Mar 28, 2025 |
| Volume | 287,973 |
| Open | 9.12 |
| Previous Close | 9.06 |
| Day's Range | 9.05 - 9.40 |
| 52-Week Range | 8.51 - 12.71 |
| Beta | 1.16 |
| Analysts | Sell |
| Price Target | 11.50 (+23.0%) |
| Earnings Date | May 8, 2025 |
About CION
CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. The firm invests in growth capital, acquisitions, leveraged buyouts, market/product expansion, refinancing and recapitalization investments. The fund also invests up to 30 percent of their assets oppor... [Read more]
Financial Performance
In 2024, CION Investment's revenue was $252.43 million, an increase of 0.57% compared to the previous year's $251.01 million. Earnings were $33.90 million, a decrease of -64.43%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CION stock is "Sell." The 12-month stock price forecast is $11.5, which is an increase of 23.00% from the latest price.
News
CION Investment Corporation Schedules 2025 First Quarter Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it will report its financial results for the first quarter ended March 31, 2025 on Thursday, May 8, 20...
Worried About BDC Dividends? Consider These 3 For Durable Income
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CION Investment: A Dividend Cut Is Likely, But I Remain Long
CION Investment has recently issued its Q4, 2024 report. The NII per share has declined to a level, where the dividend is no longer covered. This has also provided a fruitful environment for the bears...
CION Investment: Credit Quality Concerns & Economic Uncertainty Outweigh The 13% Yield
CION Investment Corp faces financial challenges, particularly with borrowers like David's Bridal, impacting their top and bottom lines and raising concerns about credit quality. Despite a solid divide...
CION Investment Corporation (CION) Q4 2024 Earnings Call Transcript
CION Investment Corporation (NYSE:CION) Q4 2024 Earnings Conference Call March 13, 2025 11:00 AM ET Company Participants Charles Arestia - Managing Director and Head, Investor Relations Michael Reisn...
CION Investment Corporation Reports Fourth Quarter and Year End 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the fourth quarter and year ended December 31, 2024 and filed its For...
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CION Investment Corporation Enters Into a New Three-Year $125 Million Loan Agreement With UBS
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it has terminated its existing senior secured repurchase facility with UBS AG, London Branch (“UBS”) a...
CION Investment Corporation Schedules 2024 Fourth Quarter and Year-End Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2024 on T...
CION Investment Corporation: Disappointing Growth And Investment Activity (Rating Downgrade)
I am downgrading CION Investment Corporation to a hold due to suppressed growth in a high-interest rate environment and a slightly weakened dividend coverage. CION's portfolio structure is solid, but ...
Why BDCs Will Likely Outperform In 2025
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I'm Not Married To CION Investment
CION Investment Corporation is downgraded to a hold due to financial pressure from smaller borrowers and expected volatility in the coming quarters. The business development company's Q3 performance s...
CION Investment Corporation: Deep Discount And Tempting Yield But Riskier
Income-focused investors could consider CION Investment Corporation for its high yields, but there are definitely risks to consider. CION offers a 12.55% dividend yield and trades at a significant dis...
CION Investment Corporation Announces Year-End Special Distribution of $0.05 Per Share
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) today announced that it has declared a special distribution for the year ending December 31, 2024 in the amount of $0.05 pe...
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
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CION Investment: Double-Digit Yield Is Safer Than It Seems
CION Investment offers a high regular dividend yield exceeding 12%, supported by a solid dividend coverage of 124%, despite sensitivity to interest rate changes. The company primarily invests in first...
CION Investment Corporation: 12.5% Yield, P/NAV Of 0.73x Makes It A Buy
CION Investment Corporation is a deeply discounted high yield play. The market is concerned about CION's PIK and portfolio volatility. Looking at the fundamentals, I simply can't rationalize the ~27% ...
CION Investment Corporation (CION) Q3 2024 Earnings Call Transcript
CION Investment Corporation (NYSE:CION) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Charlie Arestia - Managing Director and Head, Investor Relations Mark Gatto ...
CION Investment Corporation Reports Third Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the third quarter ended September 30, 2024 and filed its Form 10-Q wi...