Advertisement

CION Investment Corporation CION

Set alert

Price alert · CION

All alert types
6.99 USD -0.12 -1.69%

At close · Oct 30

6.99 0.00 0.00%

After hours · Oct 30, 4:27 PM ET

Bid
6.97 × 600
Ask
7.00 × 800
6.99 Day range 7.19
5.91 52-week range 10.20
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

Chart tools
Interval

Signals (84)
NameTimeAgo
SMA: BullishOct 29, 3:50 PM2 days ago
MACD: Buy SignalOct 29, 3:50 PM2 days ago
MACD: Sell SignalOct 29, 3:45 PM2 days ago
SMA: BullishOct 29, 3:30 PM2 days ago
MACD: Buy SignalOct 29, 3:30 PM2 days ago
MACD: Sell SignalOct 29, 3:25 PM2 days ago
SMA: BearishOct 29, 3:20 PM2 days ago
RSI: OverboughtOct 29, 3:05 PM2 days ago
MACD: Buy SignalOct 29, 2:50 PM2 days ago
SMA: BullishOct 29, 1:25 PM2 days ago
RSI: OverboughtOct 29, 12:55 PM2 days ago
RSI: OverboughtOct 29, 12:30 PM2 days ago
MACD: Sell SignalOct 29, 11:35 AM2 days ago
MACD: Buy SignalOct 29, 11:25 AM2 days ago
RSI: OverboughtOct 29, 11:05 AM2 days ago
MACD: Sell SignalOct 29, 10:45 AM2 days ago
RSI: OverboughtOct 29, 10:35 AM2 days ago
SMA: BullishOct 29, 10:30 AM2 days ago
RSI: OverboughtOct 29, 9:35 AM2 days ago
SMA: BullishOct 28, 3:40 PM3 days ago
SMA: BullishOct 28, 3:40 PM3 days ago
MACD: Buy SignalOct 28, 3:40 PM3 days ago
MACD: Sell SignalOct 28, 3:35 PM3 days ago
MACD: Buy SignalOct 28, 3:20 PM3 days ago
MACD: Sell SignalOct 28, 2:55 PM3 days ago
SMA: BearishOct 28, 2:50 PM3 days ago
SMA: BullishOct 28, 2:30 PM3 days ago
MACD: Buy SignalOct 28, 2:30 PM3 days ago
MACD: Sell SignalOct 28, 2:15 PM3 days ago
SMA: BullishOct 28, 1:35 PM3 days ago
MACD: Buy SignalOct 28, 1:20 PM3 days ago
MACD: Sell SignalOct 28, 12:40 PM3 days ago
SMA: BearishOct 28, 12:35 PM3 days ago
SMA: BullishOct 28, 12:30 PM3 days ago
MACD: Buy SignalOct 28, 12:30 PM3 days ago
SMA: BearishOct 28, 12:15 PM3 days ago
MACD: Sell SignalOct 28, 12:15 PM3 days ago
MACD: Buy SignalOct 28, 12:10 PM3 days ago
SMA: BullishOct 28, 12:00 PM3 days ago
SMA: BearishOct 28, 11:00 AM3 days ago
MACD: Sell SignalOct 28, 11:00 AM3 days ago
SMA: BearishOct 28, 9:35 AM3 days ago
MACD: Buy SignalOct 28, 9:35 AM3 days ago
SMA: BullishOct 28, 9:30 AM3 days ago
SMA: BullishOct 28, 9:30 AM3 days ago
RSI: OversoldOct 27, 3:55 PM4 days ago
RSI: OversoldOct 27, 3:40 PM4 days ago
MACD: Sell SignalOct 27, 2:15 PM4 days ago
SMA: BearishOct 27, 2:10 PM4 days ago
RSI: OverboughtOct 27, 1:45 PM4 days ago
MACD: Buy SignalOct 27, 1:40 PM4 days ago
SMA: BullishOct 27, 12:55 PM4 days ago
SMA: BearishOct 27, 12:40 PM4 days ago
SMA: BearishOct 27, 11:15 AM4 days ago
MACD: Sell SignalOct 27, 11:10 AM4 days ago
RSI: OverboughtOct 27, 10:40 AM4 days ago
SMA: BullishOct 27, 9:30 AM4 days ago
SMA: BullishOct 27, 9:30 AM4 days ago
MACD: Buy SignalOct 27, 9:30 AM4 days ago
RSI: OverboughtOct 27, 9:30 AM4 days ago
SMA: BearishOct 26, 3:55 PM5 days ago
SMA: BearishOct 26, 3:40 PM5 days ago
MACD: Sell SignalOct 26, 3:40 PM5 days ago
MACD: Buy SignalOct 26, 3:35 PM5 days ago
MACD: Sell SignalOct 26, 2:30 PM5 days ago
RSI: OverboughtOct 26, 1:50 PM5 days ago
MACD: Buy SignalOct 26, 12:25 PM5 days ago
MACD: Sell SignalOct 26, 11:00 AM5 days ago
SMA: BearishOct 26, 10:45 AM5 days ago
MACD: Buy SignalOct 26, 10:05 AM5 days ago
SMA: BullishOct 26, 10:00 AM5 days ago
SMA: BullishOct 26, 10:00 AM5 days ago
SMA: BearishOct 26, 9:50 AM5 days ago
SMA: BearishOct 26, 9:50 AM5 days ago
SMA: BearishOct 23, 3:55 PM1 week ago
SMA: BearishOct 23, 3:55 PM1 week ago
MACD: Sell SignalOct 23, 3:55 PM1 week ago
MACD: Buy SignalOct 23, 3:25 PM1 week ago
MACD: Sell SignalOct 23, 3:10 PM1 week ago
MACD: Buy SignalOct 23, 2:10 PM1 week ago
MACD: Sell SignalOct 23, 2:00 PM1 week ago
MACD: Buy SignalOct 23, 1:50 PM1 week ago
SMA: BearishOct 23, 1:05 PM1 week ago
SMA: BearishOct 23, 1:05 PM1 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

Price target (mean) 12.00 +71.7% upside
Target (low)
11.00
Target (mean)
12.00
Target (high)
13.00
Ratings (0m) 2 0 buy · 2 hold · 0 sell
  • Strong buy0
  • Buy0
  • Hold2
  • Sell0
  • Strong sell0

Next earnings

Aug 8, 2024

Expected Aug 8, 2024. Consensus EPS estimate 0.35.

Earnings history

Financials — quick view

All financials
CION Revenue — quarterly 49.79M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
CION Net income — quarterly 30.98M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
CION EPS — quarterly 0.62
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

CION recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 7, 2024Sep 1, 20240.380.40+0.02+5.26%
Aug 8, 2024Jun 1, 20240.00———
Aug 8, 2024Jun 1, 20240.000.43——
May 9, 2024Mar 1, 20240.00———
May 9, 2024Mar 1, 20240.000.60——
Mar 14, 2024Dec 1, 20230.000.40——

Upgrades / downgrades

CION analyst upgrades and downgrades
DateFirmActionFromTo
Oct 29, 2024Wells FargomainEqual-WeightEqual-Weight
Oct 8, 2024Oppenheimerinit—Perform
May 15, 2024Wells FargomainEqual-WeightEqual-Weight
Aug 10, 2023Wells FargomainEqual-WeightEqual-Weight
Apr 18, 2023Wells FargodownOverweightEqual-Weight
Mar 17, 2023Wells Fargomain—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

Your note

Sign in to keep a note on CION — it syncs with the Stock Master app.

Insider holders

CION insider holders
InsiderRelationLatest transactionDateShares held
ARESTIA CHARLIEOfficerPurchaseNov 11, 20240
BREAKSTONE ROBERT A.DirectorPurchaseNov 14, 20240
BRESNER GREGG APresidentPurchaseAug 14, 20240
CHOI CATHYDirectorPurchaseMay 21, 20232,000
FINLAY PETER IDirectorPurchaseNov 26, 20230
FRANZ KEITH SChief Financial OfficerPurchaseMay 31, 202371,611

Institution ownership

CION institution ownership
Holder% heldSharesValueReported
Van Eck Associates Corporation2.45%1,307,97415.03MSep 29, 2024
Morgan Stanley2.34%1,244,45514.30MSep 29, 2024
Bulldog Investors, LLC1.94%1,035,75611.90MSep 29, 2024
LPL Financial LLC1.82%971,72111.17MSep 29, 2024
Cambridge Investment Research Advisors Inc.1.71%912,87410.49MSep 29, 2024
Pinkerton Retirement Specialists, LLC1.24%659,1737.57MSep 29, 2024

Fund ownership

CION fund ownership
Holder% heldSharesValueReported
VanEck ETF Trust -VanEck BDC Income ETF2.34%1,244,83414.30MOct 30, 2024
Special Opportunities Fd1.71%909,62110.45MSep 29, 2024
High Income Securities Fund1.18%626,3797.20MAug 30, 2024
Putnam BDC ETF0.66%349,1754.01MJul 30, 2024
Alternative Credit Income Fund0.23%120,8001.39MSep 29, 2024
ETFis Ser Tr I-Virtus Private Credit Strategy ETF0.10%55,885642.12KJul 30, 2024
Advertisement