CION Investment (CION) Projected to Post Quarterly Earnings on Thursday

CION Investment (NYSE:CION - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data before the market opens on Thursday, May 8th. Analysts expect CION Investment to post earnings of $0.37 per share and revenue of $54.15 million for the quarter.

CION Investment (NYSE:CION - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The company reported $0.35 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.01). The business had revenue of $87.91 million during the quarter, compared to the consensus estimate of $54.11 million. CION Investment had a return on equity of 11.49% and a net margin of 31.21%. On average, analysts expect CION Investment to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CION Investment Stock Performance

Shares of CION Investment stock traded up $0.02 on Tuesday, hitting $9.81. 35,796 shares of the company's stock were exchanged, compared to its average volume of 255,050. The company has a 50-day simple moving average of $10.46 and a 200-day simple moving average of $11.22. CION Investment has a 1 year low of $8.51 and a 1 year high of $12.71. The stock has a market capitalization of $520.25 million, a PE ratio of 6.68 and a beta of 1.18.

CION Investment Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were issued a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 14.68%. The ex-dividend date of this dividend was Friday, March 28th. CION Investment's dividend payout ratio is currently 228.57%.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company decreased their target price on shares of CION Investment from $10.00 to $9.00 and set an "underweight" rating on the stock in a research report on Monday, April 28th.

About CION Investment

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.