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NYSE:CION

CION Investment (CION) Stock Price, News & Analysis

$12.36
0.00 (0.00%)
(As of 07/12/2024 ET)
Today's Range
$12.36
$12.43
50-Day Range
$11.61
$12.55
52-Week Range
$9.65
$12.69
Volume
197,015 shs
Average Volume
141,702 shs
Market Capitalization
$662.37 million
P/E Ratio
5.07
Dividend Yield
11.65%
Price Target
$12.00

CION Investment MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.9% Downside
$12.00 Price Target
Short Interest
Healthy
0.14% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$39,983 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.72 out of 5 stars

Finance Sector

668th out of 863 stocks

Holding & Other Investment Offices Industry

5th out of 15 stocks

CION stock logo

About CION Investment Stock (NYSE:CION)

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. 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 $25 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.

CION Stock Price History

CION Stock News Headlines

CION Investment Corp: Big Discount, Strong Yield
Billionaire opens new pathway to wealth for investors
I’ve been a financial analyst for almost three decades, but I don’t think I’ve ever seen anything quite like this before.
Q1 2024 Cion Investment Corp Earnings Call
Billionaire opens new pathway to wealth for investors
I’ve been a financial analyst for almost three decades, but I don’t think I’ve ever seen anything quite like this before.
Insiders Buying Outlook Therapeutics And 2 Other Stocks
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 6/17 Dividend
6/03/2024
Dividend Payable
6/17/2024
Ex-Dividend for 7/12 Dividend
6/28/2024
Dividend Payable
7/12/2024
Today
7/13/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Holding & other investment offices
Sub-Industry
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.00
High Stock Price Target
$12.00
Low Stock Price Target
$12.00
Potential Upside/Downside
-3.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$95.31 million
Pretax Margin
41.49%

Debt

Sales & Book Value

Annual Sales
$251.01 million
Cash Flow
$2.01 per share
Book Value
$16.20 per share

Miscellaneous

Free Float
53,562,000
Market Cap
$662.64 million
Optionable
Optionable
Beta
1.19
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CION Stock Analysis - Frequently Asked Questions

How have CION shares performed this year?

CION Investment's stock was trading at $11.31 on January 1st, 2024. Since then, CION shares have increased by 9.3% and is now trading at $12.36.
View the best growth stocks for 2024 here
.

How were CION Investment's earnings last quarter?

CION Investment Co. (NYSE:CION) released its earnings results on Thursday, May, 9th. The company reported $0.60 earnings per share for the quarter. The firm had revenue of $73.55 million for the quarter. CION Investment had a trailing twelve-month return on equity of 12.53% and a net margin of 51.16%.

Who are CION Investment's major shareholders?

Top institutional investors of CION Investment include Redmont Wealth Advisors LLC (0.09%), CWM LLC (0.04%), Kingswood Wealth Advisors LLC (0.04%) and Ignite Planners LLC (0.03%). Insiders that own company stock include Keith S Franz, Gregg A Bresner, Michael A Reisner, Stephen Roman, Robert A Breakstone, Eric A Pinero, Peter I Finlay, Aron I Schwartz, Catherine Choi, Mark Gatto and Edward J Estrada.
View institutional ownership trends
.

How do I buy shares of CION Investment?

Shares of CION stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CION) was last updated on 7/13/2024 by MarketBeat.com Staff

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