CĪON Investment Corporation (CION)

NYSE: CION · IEX Real-Time Price · USD
10.18
-0.20 (-1.93%)
At close: Aug 17, 2022 4:00 PM
10.06
-0.12 (-1.18%)
After-hours: Aug 17, 2022 4:11 PM EDT
-1.93%
Market Cap 579.84M
Revenue (ttm) 168.26M
Net Income (ttm) 47.70M
Shares Out 56.96M
EPS (ttm) 0.84
PE Ratio 12.12
Forward PE 6.59
Dividend $1.02 (10.07%)
Ex-Dividend Date Aug 31, 2022
Volume 238,754
Open 10.35
Previous Close 10.38
Day's Range 10.13 - 10.37
52-Week Range 7.83 - 15.09
Beta n/a
Analysts Buy
Price Target 11.22 (+10.2%)
Earnings Date Aug 11, 2022

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. The fund also invests up to 30 percent of their assets opportunistically... [Read more...]

Industry Asset Management
Founded 2011
Country United States
Stock Exchange NYSE
Ticker Symbol CION
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for CION stock is "Buy." The 12-month stock price forecast is 11.22, which is an increase of 10.22% from the latest price.

Price Target
$11.22
(10.22% upside)
Analyst Consensus: Buy

News

CION Investment Corporation Reports Second Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Please set up as a hold and PLEASE email me an HTML Proof, when ready.

CION Investment Group Acquires Full Stake in Seven Group

NEW YORK--(BUSINESS WIRE)--CION Investment Group (CION), a leading alternative investment solutions platform, has acquired a full stake in the financial advisor marketing, practice management, and conte...

CION Investment Corporation Schedules Second Quarter 2022 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 second quarter ended June 30, 2022 on Thursday, August 11, ...

Why Shares Of CION Investment Corp. Are Trading Higher Today

CION Investment (NYSE: CION) shares are trading higher after the company announced expansion of its share repurchase policy by 20% to up to $60 million. Additionally, CION will enter into a trading plan...

CION Investment Corporation Announces Expansion of Its Share Repurchase Policy by 20% to up to $60 Million

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today announced that its Board of Directors, including the independent directors, has increased the amount o...

CION Investment Corporation Announces Presentation at Investor Conferences

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today announced that its management will be presenting at the following investor conferences: Wells Fargo BD...

CION Investment Corporation Reports March 31, 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the first quarter ended March 31, 2022 and filed its Form 10-Q with the...

CION Investments, Man Group, and iCapital Partner to Scale Alternative Investing Access

NEW YORK--(BUSINESS WIRE)--CION Investments (CION), a leading manager and distributor of alternative investment solutions, and Man Group, a global active asset manager with $151.4 billion1 in AUM, annou...

CION Investment Corporation Announces Closing of a $50 Million Senior Unsecured Term Loan and the Recent Upsize of It...

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today announced that on April 27, 2022, it closed a senior unsecured term loan in the aggregate principal am...

CION Investment Corporation Schedules First Quarter 2022 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, 2022 on Thursday, May 12, 202...

CION Investment Corporation Reports December 31, 2021 Financial Results; Announces Second Quarter 2022 Regular Distri...

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported its financial results for the fourth quarter and fiscal year ended December 31, 2021 and file...

CION Investment Corporation Schedules Fourth Quarter and Full Year 2021 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 fiscal year ended December 31, 2021 on T...

CION Investment Corporation Receives Shareholder Approval to Reduce Its Asset Coverage Requirement To 150%

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today announced that its shareholders have approved a proposal to reduce CION's asset coverage requirement f...

CION Investment Corporation Announces Formation of CION/EagleTree Partners, LLC

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today announced that it has formed CION/EagleTree Partners, LLC (the “JV”), an off-balance sheet joint inves...

CION Investment Corporation Announces Full Year 2021 Special Distribution of $0.20 Per Share

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today announced that on December 6, 2021, the Company's previously announced special cash distribution for t...

CION Investments and Man Group Announce Partnership

NEW YORK--(BUSINESS WIRE)--CION Investments (CION), a leading manager and distributor of alternative investment solutions, today announced a joint venture partnership with Man Group, a global active ass...

CION Investment Corporation Reports September 30, 2021 Financial Results and Announces First Quarter 2022 Distributio...

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported its financial results for the third quarter ended September 30, 2021 and filed its Form 10-Q ...