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... [Read more]
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%.
Financial StatementsAnalyst 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.
News

CION Investment Corporation Announces Extension of Existing $60 Million Share Repurchase Program
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) today announced a one-year extension to its existing $60 million share repurchase program through August 29, 2024, under wh...

CION Investment Corporation Reports Second Quarter 2023 Financial Results
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the second quarter ended June 30, 2023 and filed its Form 10-Q with t...

David's Bridal and CION Investment Corporation Complete Successful Transaction and Announce Plans for Go-Forward Industry Leading Bridal Company
CONSHOHOCKEN, Pa.--(BUSINESS WIRE)--David's Bridal, LLC ("the Company"), the nation's leading bridal and special occasion authority, today announced that it has successfully closed its transaction wit...

CION Investment Corporation Schedules 2023 Second 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 second quarter ended June 30, 2023 on Wednesday, August 9...

CION Investment Corporation Announces Amendments to Its JPMorgan and UBS Credit Facilities
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) announced amendments to its credit facilities with JPMorgan Chase Bank, National Association (“JPM”) and U...

CION Ares Diversified Credit Fund Announces Special Distribution Rate Increase
NEW YORK--(BUSINESS WIRE)--CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, an...

CION Investment Corporation Reports First Quarter 2023 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, 2023 and filed its Form 10-Q with t...

CION Investment Corporation Schedules 2023 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, 2023, on Wednesday, May 10,...

CION Ares Diversified Credit Fund Announces Second Distribution Rate Increase in 2023
NEW YORK--(BUSINESS WIRE)--CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, an...

CION Investment Corporation Reports December 31, 2022 Financial Results
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022 and filed ...

CION Ares Diversified Credit Fund Announces Increase to Distribution Rate and Pricing of Preferred Shares
NEW YORK--(BUSINESS WIRE)--CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, an...

CION Investment Corporation Announces Pricing of Approximately $82 Million of Series A Unsecured Notes in Israel
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it priced an offering in Israel of approximately $82.0 million in aggregate principal amount of its Se...

CION Investment Corporation Schedules 2022 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, 2022 on...

CION Ares Diversified Credit Fund Reaches Milestone Six-Year Track Record
NEW YORK--(BUSINESS WIRE)--CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, ...

CION Ares Diversified Credit Fund Announces Increase to Distribution Rate
NEW YORK--(BUSINESS WIRE)--CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, ...

CION Investment Corporation Announces Special Year-End 2022 Distribution of $0.27 Per Share
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today announced a special cash distribution for the year ending December 31, 2022 in the amount of $0.27...

CION Investment Corporation Reports Third Quarter 2022 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, 2022 and filed its Form 10-Q wi...

CION Investment Corporation Schedules Third 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 third quarter ended September 30, 2022 on Thursday, Novem...

CION Investment Corporation to Present at the Sidoti Small-Cap Virtual Conference on September 22
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today announced that its management will be presenting at the Sidoti Small-Cap Virtual Conference on Thurs...

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 con...

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 pl...

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...

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 ...