CION Investment Corporation (CION)

Market Cap	620.78M
Revenue (ttm)	254.54M
Net Income (ttm)	79.44M
Shares Out	53.29M
EPS (ttm)	1.48
PE Ratio	7.89
Forward PE	8.29
Dividend	$1.44 (12.36%)
Ex-Dividend Date	Dec 2, 2024

Volume	451,120
Open	11.59
Previous Close	11.59
Day's Range	11.54 - 11.87
52-Week Range	10.52 - 12.69
Beta	1.11
Analysts	Hold
Price Target	12.25 (+5.15%)
Earnings Date	Nov 7, 2024

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...

• Industry: Asset Management
• Sector: Financials
• Founded: 2011
• Country: United States
• Stock Exchange: NYSE
• Ticker Symbol: CION
• Website: https://www.cionbdc.com

Financial Performance

In 2023, CION Investment's revenue was $251.01 million, an increase of 28.79% compared to the previous year's $194.90 million. Earnings were $95.31 million, an increase of 90.09%.

Analyst Forecast

According to 2 analysts, the average rating for CION stock is "Hold." The 12-month stock price forecast is $12.25, which is an increase of 5.15% from the latest price.

Price Target

$12.25

(5.15% upside)

Analyst Consensus: Hold