CION Investment Corporation (CION)

Market Cap	615.98M
Revenue (ttm)	251.01M
Net Income (ttm)	95.31M
Shares Out	53.84M
EPS (ttm)	1.74
PE Ratio	6.57
Forward PE	6.74
Dividend	$1.34 (11.71%)
Ex-Dividend Date	Mar 21, 2024

Volume	418,871
Open	11.35
Previous Close	11.36
Day's Range	11.31 - 11.46
52-Week Range	8.99 - 12.00
Beta	1.20
Analysts	Hold
Price Target	10.75 (-6.03%)
Earnings Date	May 9, 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. 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 2023, CION'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 one analyst, the rating for CION stock is "Hold" and the 12-month stock price forecast is $10.75.

Price Target

$10.75

(-6.03% downside)

Analyst Consensus: Hold