CION Investment Corporation CION
At closeNov 3, 2026, 4:50 PM EST
After hours · Nov 3, 4:50 PM ET
- YTD
- -29.37%
- 1 year
- -25.60%
- Market cap
- 336.05M
- Revenue (ttm)
- 254.54M
- Profit margin
- 31.21%
- EPS (ttm)
- 0.07
- Shares out
- 53.29M
- P/E ratio
- 97.57
- Forward P/E
- 7.92
- Dividend
- 1.13 (9.70%)
- Ex-dividend date
- Dec 1, 2024
- YTD return
- -29.37%
- 1-year return
- -25.60%
- Volume
- 435.90K
- Avg volume
- 413.62K
- Open
- 6.98
- Previous close
- 7.02
- Day's range
- 6.69 – 7.01
- 52-week range
- 5.83 – 10.40
- Beta
- 1.14
- Price target
- 12.00 (+75.7%)
- Earnings date
- Aug 8, 2024
1Y -2.21 (-24.39%)
Key statistics
- Enterprise value
- 1.65B
- PEG ratio
- 0.00
- Price / sales
- 2.41
- Price / book
- 0.74
- Dividend yield
- 9.70%
- Payout ratio
- 102.74%
- Revenue growth
- -11.70%
- Free cash flow
- 18.07M
- Total cash
- 29.77M
- Total debt
- 1.05B
- Return on equity
- 9.35%
- Short % of float
- 0.30%
- 50-day average
- 11.68
- 200-day average
- 11.79
Analyst view
- Target (low)
- 11.00
- Target (mean)
- 12.00
- Target (high)
- 13.00
- Strong buy0
- Buy0
- Hold2
- Sell0
- Strong sell0
Next earnings
Aug 8, 2024
Expected Aug 8, 2024. Consensus EPS estimate 0.35.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 7, 2024 | Sep 1, 2024 | 0.38 | 0.40 | +0.02 | +5.26% |
| Aug 8, 2024 | Jun 1, 2024 | 0.00 | — | — | — |
| Aug 8, 2024 | Jun 1, 2024 | 0.00 | 0.43 | — | — |
| May 9, 2024 | Mar 1, 2024 | 0.00 | — | — | — |
| May 9, 2024 | Mar 1, 2024 | 0.00 | 0.60 | — | — |
| Mar 14, 2024 | Dec 1, 2023 | 0.00 | 0.40 | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 29, 2024 | Wells Fargo | main | Equal-Weight | Equal-Weight |
| Oct 8, 2024 | Oppenheimer | init | — | Perform |
| May 15, 2024 | Wells Fargo | main | Equal-Weight | Equal-Weight |
| Aug 10, 2023 | Wells Fargo | main | Equal-Weight | Equal-Weight |
| Apr 18, 2023 | Wells Fargo | down | Overweight | Equal-Weight |
| Mar 17, 2023 | Wells Fargo | main | — | Overweight |
About CION Investment Corporation
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 opportunistically in other types of investments, including the securities of larger public companies and foreign securities. It also makes investments in the secondary loan market. The fund does not invest in start-up companies, turnaround situations, or companies with speculative business plans. The fund prefers to invest in high tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastic, rubber, telecommunication, consumer services, advertising, printing and publishing, consumer goods, durables, diversified financials, and other industries. It also invests in homebuilding, restaurants, beverage and tobacco bars, broadcasting, distributors, Non-durable good distribution, food beverage and tobacco, energy, oil gas and consumables fuels, insurance, aerospace and defense, industrial machinery, paper and forest product machinery, information technology, metals and mining, and real estate. It primarily seeks to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA between $25 million and $75 million with average targeted hold of $30 million. It also purchases minority interests in the form of common or preferred equity in the target companies, typically in conjunction with its debt investments or through a co-investment with a financial sponsor. The fund seeks to exit its investments through an initial public offering of common stock, a merger, a sale, or other recapitalization.
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- United States
- Website
- cionbdc.com
News
Monthly-Paid Dividends: 21 Ideal 'Safer' October Dogs To Buy
CaliberCos (NASDAQ:CWD) & CION Investment (NYSE:CION) Financial Comparison
CION Investment Corporation Announces the Repayment of Certain Outstanding Debt and the Closing of a Strategic Joint Venture Transaction
CION Investment's Deleveraging Opens An Investment Opportunity
BDC Weekly Review: Market Is Surprised By Private Credit Resilience
CION Investment Corporation (CION) Upgraded to Buy: Here's What You Should Know
12%+ Yields At 30%+ Discounts: Top 2 Undervalued BDCs
CION Investment Q2 Earnings Call Highlights
CION Investment Stock Up 16.9% on Q2 Earnings Beat, Expenses Rise Y/Y
CION Investment Corporation (CION) Q2 2026 Earnings Call Transcript
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| ARESTIA CHARLIE | Officer | Purchase | Nov 11, 2024 | 0 |
| BREAKSTONE ROBERT A. | Director | Purchase | Nov 14, 2024 | 0 |
| BRESNER GREGG A | President | Purchase | Aug 14, 2024 | 0 |
| CHOI CATHY | Director | Purchase | May 21, 2023 | 2,000 |
| FINLAY PETER I | Director | Purchase | Nov 26, 2023 | 0 |
| FRANZ KEITH S | Chief Financial Officer | Purchase | May 31, 2023 | 71,611 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Van Eck Associates Corporation | 2.45% | 1,307,974 | 15.03M | Sep 29, 2024 |
| Morgan Stanley | 2.34% | 1,244,455 | 14.30M | Sep 29, 2024 |
| Bulldog Investors, LLC | 1.94% | 1,035,756 | 11.90M | Sep 29, 2024 |
| LPL Financial LLC | 1.82% | 971,721 | 11.17M | Sep 29, 2024 |
| Cambridge Investment Research Advisors Inc. | 1.71% | 912,874 | 10.49M | Sep 29, 2024 |
| Pinkerton Retirement Specialists, LLC | 1.24% | 659,173 | 7.57M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| VanEck ETF Trust -VanEck BDC Income ETF | 2.34% | 1,244,834 | 14.30M | Oct 30, 2024 |
| Special Opportunities Fd | 1.71% | 909,621 | 10.45M | Sep 29, 2024 |
| High Income Securities Fund | 1.18% | 626,379 | 7.20M | Aug 30, 2024 |
| Putnam BDC ETF | 0.66% | 349,175 | 4.01M | Jul 30, 2024 |
| Alternative Credit Income Fund | 0.23% | 120,800 | 1.39M | Sep 29, 2024 |
| ETFis Ser Tr I-Virtus Private Credit Strategy ETF | 0.10% | 55,885 | 642.12K | Jul 30, 2024 |
