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Cion Investment Corp. (CION)
:CION
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CION Stock Chart & Stats
Day’s Range― - ―
52-Week Range$10.52 - $12.69
Previous CloseN/A
Volume141.33K
Average Volume (3M)308.09K
Market Cap
$609.06M
Enterprise Value$1.61B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$836.59M
Price to Earnings (P/E)7.8
Beta0.76
Next Earnings
Mar 13, 2025EPS Estimate
0.35Last Dividend Ex-Date
Dec 30, 2024Dividend Yield12.42%
Share Statistics
EPS (TTM)1.47
Shares Outstanding53,285,942
10 Day Avg. Volume246,797
30 Day Avg. Volume308,089
Standard Deviation0.09
R-Squared0.37
Alpha0.00477
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.39
Price to Cash Flow (P/CF)2.90
P/FCF Ratio2.90
Enterprise Value/Market Cap2.64
Enterprise Value/Revenue-23.90
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$12.25Price Target Upside7.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
CION Investment Corp News
PremiumCompany Announcements
CION Investment Corp Declares Year-End Special Distribution
PremiumCompany Announcements
CION Investment Corp Reports Strong Q3 2024 Results
PremiumCompany Announcements
CION Investment Corp Shows Strong Q3 Performance
PremiumCompany Announcements
CION Investment Corp Announces Q3 Earnings Call and WebcastBulls Say, Bears Say
Bulls Say
Financial PerformanceCION's transaction fees boosted top-line income, with up-front fees likely booked from significant acquisitions and follow-ons to affiliate and control positions.
FinancingMore bonds were refinanced, pushing the maturity wall out to 2027, indicating a potential for long-term improvement in financing costs.
LiquidityCION has an estimated $483M in available liquidity consisting of $93M in cash/cash equivalents and $390M of funds available to be drawn under its existing credit facilities.
Bears Say
Credit RiskRelative to its peers, credit risk is above average with second lien, subordinated debt, CLOs, equity, and non-accruals totaling 16.8% of the portfolio.
Loan DowngradesSix loans were downgraded and three were upgraded, with significant downgrades to TMK Hawk and STATinMed due to refinancing risks and negative cash flow.
Payment-in-Kind RevenuePayment-in-Kind (PIK) was 16.6% of revenues, well above the group average of 7.5%, and highest of all BDCs under coverage.
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Ownership Overview
0.26% Insiders
0.02% Mutual Funds
1.88% Other Institutional Investors
91.55% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CION FAQ
What was Cion Investment Corp.’s price range in the past 12 months?
Cion Investment Corp. lowest stock price was $10.52 and its highest was $12.69 in the past 12 months.
What is Cion Investment Corp.’s market cap?
Cion Investment Corp.’s market cap is $609.06M.
When is Cion Investment Corp.’s upcoming earnings report date?
Cion Investment Corp.’s upcoming earnings report date is Mar 13, 2025 which is in 54 days.
How were Cion Investment Corp.’s earnings last quarter?
Cion Investment Corp. released its earnings results on Nov 07, 2024. The company reported -$0.01 earnings per share for the quarter, missing the consensus estimate of $0.38 by -$0.39.
Is Cion Investment Corp. overvalued?
According to Wall Street analysts Cion Investment Corp.’s price is currently Undervalued.
Does Cion Investment Corp. pay dividends?
Cion Investment Corp. pays a Notavailable dividend of $1.52 which represents an annual dividend yield of 12.42%. See more information on Cion Investment Corp. dividends here
What is Cion Investment Corp.’s EPS estimate?
Cion Investment Corp.’s EPS estimate is 0.35.
How many shares outstanding does Cion Investment Corp. have?
Cion Investment Corp. has 53,285,942 shares outstanding.
What happened to Cion Investment Corp.’s price movement after its last earnings report?
Cion Investment Corp. reported an EPS of -$0.01 in its last earnings report, missing expectations of $0.38. Following the earnings report the stock price went down -3.665%.
Which hedge fund is a major shareholder of Cion Investment Corp.?
Among the largest hedge funds holding Cion Investment Corp.’s share is Callodine Capital Management, LP. It holds Cion Investment Corp.’s shares valued at 7M.
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CION Investment Corp Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$12.25 (7.17% Upside)
$12.25 (7.17% Upside)
Blogger Sentiment
Bullish
CION Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 49.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $22.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.9%
Last 30 Days ▼ 2.4%
Last 30 Days ▼ 2.4%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.84%
12-Months-Change
Fundamentals
Return on Equity
9.35%
Trailing 12-Months
Asset Growth
1.02%
Trailing 12-Months
Company Description
Cion Investment Corp.
CION Invt Corp is a non-traded business development company. It focuses on United States middle market lending. The fund's investment objective is to generate current income and, to a lesser extent, capital appreciation. The company seeks to accomplish its investment objective by managing the portfolio with the intent to reduce portfolio volatility, mitigate downside risk, and reduce portfolio correlation to traded markets.
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CION Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflected a cautious optimism with significant achievements in debt refinancing and a successful bond offering. However, challenges such as declining net asset value, increased nonaccruals, and competitive market conditions were noted. The sentiment is balanced between positive achievements and notable challenges.Read More>---
CION Stock 12 Month Forecast
Average Price Target
$12.25
▲(7.17% Upside)
Technical Analysis
Oaktree Specialty Lending
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Pennantpark $
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BlackRock TCP Capital
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FS KKR Capital
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TPG Specialty Lending
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Ares Capital
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Best Analysts Covering CION
1 Year
1 Year Success Rate
0/1 ratings generated profit
1 Year Average Return
-3.10%
initiated a buy rating 2 months ago
Copying Erik Zwick's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -3.10% per trade.
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