CION Investment Corporation CION
Set alert
At close · Oct 30
After hours · Oct 30, 4:27 PM ET
- YTD
- -27.71%
- 1 year
- -23.44%
- Open
- 7.10
- Prev close
- 7.11
- Mkt cap
- 343.93M
- Vol
- 438.93K
- Avg vol
- 421.63K
- EPS
- 0.07
- P/E
- 99.86
- Div yield
- 9.70%
More statistics
- Low
- 6.99
- High
- 7.19
- Forward P/E
- 7.92
- Beta
- 1.14
- Short ratio
- 0.68
- Inst. own
- 34.70%
- Dividend
- 1.13
- Ex-div date
- Dec 1, 2024
- Earnings
- Aug 8, 2024
- 50-d avg
- 11.68
- 200-d avg
- 11.79
- 1y target
- 12.00
5D chart
Signals (84)
| Name | Time | Ago |
|---|---|---|
| SMA: Bullish | Oct 29, 3:50 PM | 2 days ago |
| MACD: Buy Signal | Oct 29, 3:50 PM | 2 days ago |
| MACD: Sell Signal | Oct 29, 3:45 PM | 2 days ago |
| SMA: Bullish | Oct 29, 3:30 PM | 2 days ago |
| MACD: Buy Signal | Oct 29, 3:30 PM | 2 days ago |
| MACD: Sell Signal | Oct 29, 3:25 PM | 2 days ago |
| SMA: Bearish | Oct 29, 3:20 PM | 2 days ago |
| RSI: Overbought | Oct 29, 3:05 PM | 2 days ago |
| MACD: Buy Signal | Oct 29, 2:50 PM | 2 days ago |
| SMA: Bullish | Oct 29, 1:25 PM | 2 days ago |
| RSI: Overbought | Oct 29, 12:55 PM | 2 days ago |
| RSI: Overbought | Oct 29, 12:30 PM | 2 days ago |
| MACD: Sell Signal | Oct 29, 11:35 AM | 2 days ago |
| MACD: Buy Signal | Oct 29, 11:25 AM | 2 days ago |
| RSI: Overbought | Oct 29, 11:05 AM | 2 days ago |
| MACD: Sell Signal | Oct 29, 10:45 AM | 2 days ago |
| RSI: Overbought | Oct 29, 10:35 AM | 2 days ago |
| SMA: Bullish | Oct 29, 10:30 AM | 2 days ago |
| RSI: Overbought | Oct 29, 9:35 AM | 2 days ago |
| SMA: Bullish | Oct 28, 3:40 PM | 3 days ago |
| SMA: Bullish | Oct 28, 3:40 PM | 3 days ago |
| MACD: Buy Signal | Oct 28, 3:40 PM | 3 days ago |
| MACD: Sell Signal | Oct 28, 3:35 PM | 3 days ago |
| MACD: Buy Signal | Oct 28, 3:20 PM | 3 days ago |
| MACD: Sell Signal | Oct 28, 2:55 PM | 3 days ago |
| SMA: Bearish | Oct 28, 2:50 PM | 3 days ago |
| SMA: Bullish | Oct 28, 2:30 PM | 3 days ago |
| MACD: Buy Signal | Oct 28, 2:30 PM | 3 days ago |
| MACD: Sell Signal | Oct 28, 2:15 PM | 3 days ago |
| SMA: Bullish | Oct 28, 1:35 PM | 3 days ago |
| MACD: Buy Signal | Oct 28, 1:20 PM | 3 days ago |
| MACD: Sell Signal | Oct 28, 12:40 PM | 3 days ago |
| SMA: Bearish | Oct 28, 12:35 PM | 3 days ago |
| SMA: Bullish | Oct 28, 12:30 PM | 3 days ago |
| MACD: Buy Signal | Oct 28, 12:30 PM | 3 days ago |
| SMA: Bearish | Oct 28, 12:15 PM | 3 days ago |
| MACD: Sell Signal | Oct 28, 12:15 PM | 3 days ago |
| MACD: Buy Signal | Oct 28, 12:10 PM | 3 days ago |
| SMA: Bullish | Oct 28, 12:00 PM | 3 days ago |
| SMA: Bearish | Oct 28, 11:00 AM | 3 days ago |
| MACD: Sell Signal | Oct 28, 11:00 AM | 3 days ago |
| SMA: Bearish | Oct 28, 9:35 AM | 3 days ago |
| MACD: Buy Signal | Oct 28, 9:35 AM | 3 days ago |
| SMA: Bullish | Oct 28, 9:30 AM | 3 days ago |
| SMA: Bullish | Oct 28, 9:30 AM | 3 days ago |
| RSI: Oversold | Oct 27, 3:55 PM | 4 days ago |
| RSI: Oversold | Oct 27, 3:40 PM | 4 days ago |
| MACD: Sell Signal | Oct 27, 2:15 PM | 4 days ago |
| SMA: Bearish | Oct 27, 2:10 PM | 4 days ago |
| RSI: Overbought | Oct 27, 1:45 PM | 4 days ago |
| MACD: Buy Signal | Oct 27, 1:40 PM | 4 days ago |
| SMA: Bullish | Oct 27, 12:55 PM | 4 days ago |
| SMA: Bearish | Oct 27, 12:40 PM | 4 days ago |
| SMA: Bearish | Oct 27, 11:15 AM | 4 days ago |
| MACD: Sell Signal | Oct 27, 11:10 AM | 4 days ago |
| RSI: Overbought | Oct 27, 10:40 AM | 4 days ago |
| SMA: Bullish | Oct 27, 9:30 AM | 4 days ago |
| SMA: Bullish | Oct 27, 9:30 AM | 4 days ago |
| MACD: Buy Signal | Oct 27, 9:30 AM | 4 days ago |
| RSI: Overbought | Oct 27, 9:30 AM | 4 days ago |
| SMA: Bearish | Oct 26, 3:55 PM | 5 days ago |
| SMA: Bearish | Oct 26, 3:40 PM | 5 days ago |
| MACD: Sell Signal | Oct 26, 3:40 PM | 5 days ago |
| MACD: Buy Signal | Oct 26, 3:35 PM | 5 days ago |
| MACD: Sell Signal | Oct 26, 2:30 PM | 5 days ago |
| RSI: Overbought | Oct 26, 1:50 PM | 5 days ago |
| MACD: Buy Signal | Oct 26, 12:25 PM | 5 days ago |
| MACD: Sell Signal | Oct 26, 11:00 AM | 5 days ago |
| SMA: Bearish | Oct 26, 10:45 AM | 5 days ago |
| MACD: Buy Signal | Oct 26, 10:05 AM | 5 days ago |
| SMA: Bullish | Oct 26, 10:00 AM | 5 days ago |
| SMA: Bullish | Oct 26, 10:00 AM | 5 days ago |
| SMA: Bearish | Oct 26, 9:50 AM | 5 days ago |
| SMA: Bearish | Oct 26, 9:50 AM | 5 days ago |
| SMA: Bearish | Oct 23, 3:55 PM | 1 week ago |
| SMA: Bearish | Oct 23, 3:55 PM | 1 week ago |
| MACD: Sell Signal | Oct 23, 3:55 PM | 1 week ago |
| MACD: Buy Signal | Oct 23, 3:25 PM | 1 week ago |
| MACD: Sell Signal | Oct 23, 3:10 PM | 1 week ago |
| MACD: Buy Signal | Oct 23, 2:10 PM | 1 week ago |
| MACD: Sell Signal | Oct 23, 2:00 PM | 1 week ago |
| MACD: Buy Signal | Oct 23, 1:50 PM | 1 week ago |
| SMA: Bearish | Oct 23, 1:05 PM | 1 week ago |
| SMA: Bearish | Oct 23, 1:05 PM | 1 week ago |
Key statistics
- Market cap
- 612.25M
- Enterprise value
- 1.65B
- Trailing P/E
- 7.87
- Forward P/E
- 7.92
- PEG ratio
- 0.00
- Price / sales
- 2.41
- Price / book
- 0.74
- EPS (TTM)
- 1.46
- Beta
- 1.14
- Dividend yield
- 9.70%
- Payout ratio
- 102.74%
- Profit margin
- 31.21%
- Revenue (TTM)
- 254.54M
- Revenue growth
- -11.70%
- Free cash flow
- 18.07M
- Total cash
- 29.77M
- Total debt
- 1.05B
- Return on equity
- 9.35%
- Shares outstanding
- 53.29M
- Short % of float
- 0.30%
- 50-day average
- 11.68
- 200-day average
- 11.79
Analyst view
Consensus: none
- 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
- CION Invt Q2 EPS $0.29 Beats $0.27 Estimate, Sales $49.793M Beat $49.780M Estimate
- CION Investment Files Prospectus To Offer Up To $500M In Securities
- CION Investment's Shareholder Bulldog Investors Urges Co. To Expand Stock Buyback Plan
- Wells Fargo Maintains Underweight on CION Invt, Lowers Price Target to $6.5
- CION Invt Q1 EPS $0.25 Misses $0.30 Estimate, Sales $49.537M Miss $50.788M Estimate
- Wells Fargo Maintains Underweight on CION Invt, Lowers Price Target to $7
- CION Invt Q4 EPS $0.35 Beats $0.34 Estimate, Sales $53.792M Beat $51.656M Estimate
- Earnings Scheduled For March 12, 2026
- CION Invt Q3 EPS $0.74 Beats $0.33 Estimate, Sales $78.711M Beat $52.671M Estimate
- Earnings Scheduled For November 6, 2025
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 |