CION Investment Corporation (CION)
| Market Cap | 582.76M |
| Revenue (ttm) | 252.43M |
| Net Income (ttm) | 33.90M |
| Shares Out | 53.03M |
| EPS (ttm) | 0.63 |
| PE Ratio | 17.36 |
| Forward PE | 7.93 |
| Dividend | $1.54 (14.02%) |
| Ex-Dividend Date | Mar 28, 2025 |
| Volume | 368,166 |
| Open | 10.95 |
| Previous Close | 10.82 |
| Day's Range | 10.81 - 11.02 |
| 52-Week Range | 10.54 - 12.71 |
| Beta | 1.08 |
| Analysts | Sell |
| Price Target | 11.50 (+4.69%) |
| Earnings Date | Mar 13, 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 4.69% from the latest price.
News
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...
The Moment Of Truth For BDC Dividend Investors Is Close
As a structural BDC bull I have to admit that the period of BDCs consistently surprising us on the upside has come to an end. Many lower quality BDCs have already cut their dividends to sync their cas...
Tactical BDCs For Sizable Income And Alpha: 1 To Buy, 1 To Avoid
Since BDCs carry in general above-average risks, it makes sense to prioritize defensive and prudently structured picks. Yet, if the price is right, higher risk BDCs could also become enticing investme...
My BDC Portfolio To Beat The Index And Generate Durable Income
In this article I have elaborated on my actual BDC portfolio. The objective of this portfolio is to beat the BDC-specific indices/ETFs and capture durable base dividends. The portfolio is optimized ac...
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
The BDC sector had a lackluster H2 of 2024 after being on a strong run from 2022 to mid 2024. However, recently there has been some great news for BDCs to start 2025. We share our approach to BDCs rig...
12-15% Dividend Yields And Big Buybacks
Double-digit yielding stocks that also repurchase shares have plenty of inherent advantages. I share some dividend stocks that meet these criteria. I take a look at them to see if they are worth buyin...
2 BDCs With 20%+ Discount To NAV: 1 To Buy, 1 To Avoid
The primary return source of BDC investments is dividend income. Yet, when there is a mismatch between price and value, it is possible to pocket attractive price returns as well. In this article, I sh...
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...
Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding
Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsu...
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...
New Preferred Stock And Exchange Traded Debt IPOs, October 2024
September saw two new convertible preferred stock offerings, one term preferred offering, and one Exchange Traded Debt (ETD) offering, with yields ranging from 6% to 8.125%. Here is a comparison again...
2 BDCs Everyone Seems To Overlook
CION Investment Corp. and Chicago Atlantic BDC are overlooked small-cap BDCs that offer high yields for dividend investors. CION has strong fundamentals, solid dividend coverage, and trades at a 26% d...
Invest In All Weather BDC Dividend Portfolio
The All Weather Portfolio concept introduced by Ray Dalio aims for stable returns through largely uncorrelated investment exposures. In this article, I have tried to apply the essence of such a constr...