CION Investment Corporation (CION)

Market Cap	580.13M
Revenue (ttm)	233.13M
Net Income (ttm)	40.37M
Shares Out	54.58M
EPS (ttm)	0.73
PE Ratio	14.56
Forward PE	6.68
Dividend	$1.02 (9.60%)
Ex-Dividend Date	Dec 28, 2023

Volume	136,809
Open	10.52
Previous Close	10.52
Day's Range	10.51 - 10.66
52-Week Range	8.08 - 11.75
Beta	n/a
Analysts	Buy
Price Target	10.50 (-1.22%)
Earnings Date	Nov 9, 2023

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...

• Industry: Asset Management
• Sector: Financials
• Founded: 2011
• Country: United States
• Stock Exchange: NYSE
• Ticker Symbol: CION

Financial Performance

In 2022, CION's revenue was $194.90 million, an increase of 23.86% compared to the previous year's $157.35 million. Earnings were $50.14 million, a decrease of -57.78%.

Analyst Forecast

According to 2 analysts, the average rating for CION stock is "Buy." The 12-month stock price forecast is $10.5, which is a decrease of -1.22% from the latest price.

Price Target

$10.5

(-1.22% downside)

Analyst Consensus: Buy