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CION Investment Corporation CION

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Price alert · CION

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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

2Y chart

Chart tools
Interval

Events in this range
  • Nov 7, 2024Earnings: 0.4; estimate 0.38; surprise 5.26%
  • Dec 2, 2024Dividend: 0.36
  • Dec 30, 2024Dividend: 0.05
  • Mar 28, 2025Dividend: 0.36
  • Jun 2, 2025Dividend: 0.36
  • Sep 2, 2025Dividend: 0.36
  • Dec 1, 2025Dividend: 0.36
  • Jan 16, 2026Dividend: 0.1
  • Feb 13, 2026Dividend: 0.1
  • Mar 13, 2026Dividend: 0.1
  • Apr 10, 2026Dividend: 0.1
  • May 15, 2026Dividend: 0.1
  • Jun 12, 2026Dividend: 0.1
  • Jul 17, 2026Dividend: 0.1
  • Aug 14, 2026Dividend: 0.1
  • Sep 11, 2026Dividend: 0.1
  • Oct 16, 2026Dividend: 0.1
Signals (70)
NameDateAgo
SMA: BearishOct 30, 20261 day ago
SMA: BullishOct 29, 20262 days ago
MACD: Buy SignalOct 28, 20263 days ago
RSI: OversoldOct 21, 20261 week ago
SMA: BearishOct 2, 20264 weeks ago
MACD: Sell SignalAug 26, 20262 months ago
SMA: BullishAug 6, 20262 months ago
RSI: OverboughtAug 6, 20262 months ago
MACD: Buy SignalAug 3, 20262 months ago
MACD: Sell SignalJul 21, 20263 months ago
MACD: Buy SignalJul 7, 20263 months ago
RSI: OversoldJun 24, 20264 months ago
MACD: Sell SignalJun 22, 20264 months ago
MACD: Buy SignalJun 1, 20265 months ago
SMA: BearishMay 8, 20265 months ago
MACD: Sell SignalMay 8, 20265 months ago
SMA: BearishApr 20, 20266 months ago
SMA: BullishApr 17, 20266 months ago
RSI: OversoldMar 27, 20267 months ago
MACD: Buy SignalMar 25, 20267 months ago
RSI: OversoldFeb 26, 20268 months ago
RSI: OversoldFeb 20, 20268 months ago
SMA: BearishJan 6, 20269 months ago
SMA: BearishJan 6, 20269 months ago
SMA: BullishJan 5, 20269 months ago
SMA: BearishDec 31, 202510 months ago
SMA: BullishDec 30, 202510 months ago
SMA: BearishDec 19, 202510 months ago
MACD: Sell SignalDec 16, 202510 months ago
MACD: Buy SignalDec 9, 202510 months ago
SMA: BullishDec 8, 202510 months ago
SMA: BearishDec 1, 202511 months ago
MACD: Sell SignalDec 1, 202511 months ago
SMA: BullishNov 28, 202511 months ago
SMA: BearishNov 17, 202511 months ago
SMA: BullishNov 14, 202511 months ago
SMA: BullishNov 6, 202511 months ago
MACD: Buy SignalNov 6, 202511 months ago
MACD: Sell SignalNov 4, 202512 months ago
MACD: Buy SignalOct 14, 20251 year ago
RSI: OversoldOct 7, 20251 year ago
RSI: OversoldOct 1, 20251 year ago
SMA: BearishSep 8, 20251 year ago
SMA: BearishSep 2, 20251 year ago
MACD: Sell SignalSep 2, 20251 year ago
SMA: BullishAug 22, 20251 year ago
RSI: OverboughtAug 13, 20251 year ago
MACD: Buy SignalAug 8, 20251 year ago
RSI: OverboughtAug 8, 20251 year ago
MACD: Sell SignalJul 29, 20251 year ago
RSI: OverboughtJul 23, 20251 year ago
RSI: OverboughtJul 17, 20251 year ago
SMA: BullishJun 30, 20251 year ago
MACD: Buy SignalJun 17, 20251 year ago
MACD: Sell SignalJun 2, 20251 year ago
MACD: Buy SignalApr 17, 20251 year ago
RSI: OversoldApr 10, 20251 year ago
RSI: OversoldMar 28, 20251 year ago
RSI: OversoldMar 21, 20251 year ago
RSI: OversoldMar 17, 20251 year ago
SMA: BearishMar 13, 20251 year ago
MACD: Sell SignalMar 5, 20251 year ago
RSI: OverboughtFeb 14, 20251 year ago
SMA: BullishJan 30, 20251 year ago
SMA: BearishJan 29, 20251 year ago
SMA: BullishJan 28, 20251 year ago
SMA: BearishJan 23, 20251 year ago
SMA: BullishJan 21, 20251 year ago
MACD: Buy SignalJan 16, 20251 year ago
MACD: Sell SignalDec 19, 20241 year 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

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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
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