S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NYSE:CION

CION Investment (CION) Stock Price, News & Analysis

$10.80
+0.04 (+0.37%)
(As of 03/4/2024 ET)
Today's Range
$10.67
$10.87
50-Day Range
$10.76
$11.53
52-Week Range
$8.99
$11.75
Volume
445,948 shs
Average Volume
272,566 shs
Market Capitalization
$586.43 million
P/E Ratio
10.91
Dividend Yield
12.59%
Price Target
$11.13

CION Investment MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.0% Upside
$11.13 Price Target
Short Interest
Healthy
0.14% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
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.

0.79 out of 5 stars

Finance Sector

799th out of 853 stocks

Holding & Other Investment Offices Industry

12th out of 13 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

Best Investment Apps for Beginners for 2024
CION Mar 2024 10.000 put
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
CION Jun 2024 14.850 call
Return on Investment (ROI)
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
CION Invt Stock (NYSE:CION), Short Interest Report
Best BDCs Of 2023: Probably Not The Ones You Expected
CION Invt Corp Ordinary Shares
CION Investment Corporation
Q3 2023 Cion Investment Corp Earnings Call
Here's what Wall Street expects from CION Investment's earnings report
See More Headlines
Receive CION Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CION Investment and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
11/15/2021
Ex-Dividend for 12/15 Dividend
11/30/2023
Dividend Payable
12/15/2023
Ex-Dividend for 1/31 Dividend
12/21/2023
Dividend Payable
1/31/2024
Today
3/04/2024
Next Earnings (Confirmed)
3/14/2024
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
$11.13
High Stock Price Target
$11.50
Low Stock Price Target
$10.75
Potential Upside/Downside
+3.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$50.14 million
Pretax Margin
43.56%

Debt

Sales & Book Value

Annual Sales
$65.22 million
Cash Flow
$1.65 per share
Book Value
$15.94 per share

Miscellaneous

Free Float
54,060,000
Market Cap
$586.43 million
Optionable
Optionable
Beta
1.24
The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report














CION Stock Analysis - Frequently Asked Questions

Should I buy or sell CION Investment stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CION Investment in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CION shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CION, but not buy additional shares or sell existing shares.
View CION analyst ratings
or view top-rated stocks.

What is CION Investment's stock price target for 2024?

2 Wall Street analysts have issued 12-month price objectives for CION Investment's stock. Their CION share price targets range from $10.75 to $11.50. On average, they predict the company's share price to reach $11.13 in the next year. This suggests a possible upside of 3.0% from the stock's current price.
View analysts price targets for CION
or view top-rated stocks among Wall Street analysts.

How have CION shares performed in 2024?

CION Investment's stock was trading at $11.31 at the start of the year. Since then, CION shares have decreased by 4.5% and is now trading at $10.80.
View the best growth stocks for 2024 here
.

Are investors shorting CION Investment?

CION Investment saw a increase in short interest in the month of January. As of January 31st, there was short interest totaling 70,600 shares, an increase of 96.7% from the January 15th total of 35,900 shares. Based on an average trading volume of 291,700 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.
View CION Investment's Short Interest
.

When is CION Investment's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our CION earnings forecast
.

How were CION Investment's earnings last quarter?

CION Investment Co. (NYSE:CION) posted its earnings results on Monday, November, 15th. The company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The firm had revenue of $42.62 million for the quarter. CION Investment had a trailing twelve-month return on equity of 12.56% and a net margin of 21.85%.

How often does CION Investment pay dividends? What is the dividend yield for CION Investment?

CION Investment declared a -- dividend on Thursday, December 14th. Investors of record on Friday, December 22nd will be paid a dividend of $0.15 per share on Wednesday, January 31st. This represents a yield of 12.1%. The ex-dividend date is Thursday, December 21st. This is a positive change from the stock's previous -- dividend of $0.05.
Read our dividend analysis for CION
.

Is CION Investment a good dividend stock?

CION Investment (NYSE:CION) pays an annual dividend of $1.36 per share and currently has a dividend yield of 12.62%. CION has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 137.37%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CION.

What ETFs hold CION Investment's stock?

ETFs with the largest weight of CION Investment (NYSE:CION) stock in their portfolio include Invesco KBW High Dividend Yield Financial ETF (KBWD) and Putnam BDC Income ETF (PBDC).VanEck BDC Income ETF (BIZD).

Who are CION Investment's major shareholders?

CION Investment's stock is owned by many different retail and institutional investors. Top institutional investors include Bulldog Investors LLP (1.90%), Van ECK Associates Corp (1.83%), International Assets Investment Management LLC (1.62%), Pinkerton Retirement Specialists LLC (1.44%), WealthPLAN Partners LLC (0.95%) and Kestra Advisory Services LLC (0.71%). Insiders that own company stock include Aron I Schwartz, Catherine Choi, Edward J Estrada, Eric A Pinero, Gregg A Bresner, Keith S Franz, Mark Gatto, Michael A Reisner, Peter I Finlay, Robert A Breakstone and Stephen Roman.
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 3/5/2024 by MarketBeat.com Staff