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NYSE:CION

CION Investment (CION) Stock Forecast, Price & News

$10.50
+0.01 (+0.10%)
(As of 11:02 AM ET)
Compare
Today's Range
$10.44
▼
$10.54
50-Day Range
$10.48
▼
$11.66
52-Week Range
$8.08
▼
$11.75
Volume
47,341 shs
Average Volume
190,639 shs
Market Capitalization
$573.09 million
P/E Ratio
14.58
Dividend Yield
12.95%
Price Target
$11.13
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

CION Investment MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.9% Upside
$11.13 Price Target
Short Interest
Healthy
0.16% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$5,009 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Finance Sector

745th out of 842 stocks

Holding & Other Investment Offices Industry

7th out of 7 stocks

See Top Rated MarketRank™ Stocks Here

CION stock logo

About CION Investment (NYSE:CION) Stock

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 Price History

CION Stock News Headlines

September 7, 2023 | finance.yahoo.com
CION Investment Corporation Announces Extension of Existing $60 Million Share Repurchase Program
August 29, 2023 | forbes.com
David’s Bridal Is Betting On Love And Marriage To Rebound In 2024
September 27, 2023 | Edge On The Street (Ad)
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August 10, 2023 | axios.com
David's Bridal CEO on emerging from bankruptcy
August 10, 2023 | finance.yahoo.com
Q2 2023 Cion Investment Corp Earnings Call
August 9, 2023 | seekingalpha.com
CION Investment Corporation 2023 Q2 - Results - Earnings Call Presentation
August 9, 2023 | msn.com
Cion Investment NII of $0.43 beats by $0.05
August 9, 2023 | finance.yahoo.com
CION Investment Corporation Reports Second Quarter 2023 Financial Results
September 27, 2023 | Edge On The Street (Ad)
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
August 3, 2023 | bizjournals.com
'Here to stay': After closing sale, David's Bridal CEO is already exploring methods of expansion
July 28, 2023 | msn.com
David’s Bridal is looking for a new headquarters — but the Conshohocken company wants to stay local
July 28, 2023 | yahoo.com
What’s Next for David’s Bridal After Bankruptcy and Court-approved Sale
July 26, 2023 | yahoo.com
What’s Next for Post-Bankruptcy David’s Bridal
July 24, 2023 | forbes.com
David’s Bridal Has A New Owner, And More Time For Its Turnaround
July 24, 2023 | finance.yahoo.com
David's Bridal and CION Investment Corporation Complete Successful Transaction and Announce Plans for Go-Forward Industry Leading Bridal Company
July 18, 2023 | msn.com
David's Bridal chain to stay in business after last minute bankruptcy court deal approved
July 15, 2023 | msn.com
David's Bridal Sale Approved, Keeping Roughly 200 Stores Open
July 14, 2023 | msn.com
David's Bridal avoids shutdown with no-cash bankruptcy sale
July 14, 2023 | msn.com
David’s Bridal Sale Approved, Keeping Roughly 200 Stores Open
July 14, 2023 | msn.com
Bankrupt David’s Bridal reaches deal with buyer to avoid total shutdown
July 14, 2023 | bizjournals.com
David's Bridal sale to NY investment firm approved, shutdown avoided
July 10, 2023 | bizjournals.com
New York firm revealed as bidder for David's Bridal assets, could save nearly 200 stores
July 10, 2023 | finance.yahoo.com
CION Investment Corporation Schedules 2023 Second Quarter Earnings Release and Conference Call
July 7, 2023 | msn.com
A Dozen Income Picks Yielding 12% Or More
July 7, 2023 | bizjournals.com
New York firm revealed as prospective buyer for David's Bridal assets
July 7, 2023 | bizjournals.com
New York firm revealed as bidder for David's Bridal assets
July 3, 2023 | seekingalpha.com
CION's Vertical Integration Supports Margin Expanding Operational Growth
See More Headlines
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CION Company Calendar

Last Earnings
8/08/2023
Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Today
9/27/2023
Ex-Dividend for 10/16 Dividend
9/28/2023
Dividend Payable
10/16/2023
Next Earnings (Estimated)
11/09/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Holding & other investment offices
Sub-Industry
N/A
Sector
Finance
Current Symbol
NYSE:CION
CUSIP
N/A
CIK
1534254
Web
www.cioninvestments.com
Phone
212-418-4700
Fax
212-418-4739
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$11.13
High Stock Price Forecast
$11.50
Low Stock Price Forecast
$10.75
Forecasted Upside/Downside
+6.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.72
Trailing P/E Ratio
14.56
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$50.14 million
Net Margins
17.32%
Pretax Margin
44.26%
Return on Equity
11.86%
Return on Assets
5.52%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.05
Quick Ratio
0.05

Sales & Book Value

Annual Sales
$194.90 million
Price / Sales
2.93
Cash Flow
$1.62 per share
Price / Cash Flow
6.45
Book Value
$15.94 per share
Price / Book
0.66

Miscellaneous

Outstanding Shares
54,580,000
Free Float
54,335,000
Market Cap
$572.00 million
Optionable
Not Optionable
Beta
1.35
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Key Executives

  • Mr. Michael A. Reisner Esq. (Age 52)
    J.D., Co-Founder & Co-Chairman & Co-CEO
  • Mr. Mark Gatto J.D. (Age 50)
    Co-Founder, Co-Chairman & Co-CEO
  • Mr. Gregg A. Bresner CFA
    Pres & Chief Investment Officer
  • Mr. Joe Elsabee
    Managing Director
  • Mr. Keith Scott Franz CPA (Age 54)
    MD, CFO & Treasurer
  • Mr. Stephen RomanMr. Stephen Roman (Age 41)
    Chief Compliance Officer & Corp. Sec.
  • Mr. Eric Anthony Pinero (Age 47)
    Chief Legal Officer
  • Mr. Alexander Cavalieri
    MD and Head of Marketing & Strategy
  • Mr. Geoffrey A. Manna
    Sr. Managing Director
  • Ms. Aditi Budhia
    Sr. VP

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













CION Stock - Frequently Asked Questions

Should I buy or sell CION Investment stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CION Investment in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

2 brokerages have issued 1 year target prices for CION Investment's stock. Their CION share price forecasts range from $10.75 to $11.50. On average, they anticipate the company's stock price to reach $11.13 in the next twelve months. This suggests a possible upside of 6.2% 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 2023?

CION Investment's stock was trading at $9.75 at the beginning of the year. Since then, CION stock has increased by 7.5% and is now trading at $10.48.
View the best growth stocks for 2023 here.

Are investors shorting CION Investment?

CION Investment saw a increase in short interest in August. As of August 31st, there was short interest totaling 127,800 shares, an increase of 23.7% from the August 15th total of 103,300 shares. Based on an average daily trading volume, of 193,700 shares, the short-interest ratio is currently 0.7 days.
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, November 9th 2023.
View our CION earnings forecast.

How were CION Investment's earnings last quarter?

CION Investment Co. (NYSE:CION) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.43 earnings per share (EPS) for the quarter. The company earned $58.50 million during the quarter. CION Investment had a net margin of 17.32% and a trailing twelve-month return on equity of 11.86%.

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

CION Investment declared a -- dividend on Friday, August 11th. Investors of record on Friday, December 29th will be given a dividend of $0.05 per share on Monday, January 15th. This represents a dividend yield of 12.1%. The ex-dividend date is Thursday, December 28th.
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).

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 12.79%. CION has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 188.89%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CION.

What is CION Investment's stock symbol?

CION Investment trades on the New York Stock Exchange (NYSE) under the ticker symbol "CION."

Who are CION Investment's major shareholders?

CION Investment's stock is owned by a variety of institutional and retail investors. Top institutional investors include LPL Financial LLC (1.71%), Pinkerton Retirement Specialists LLC (1.46%), Van ECK Associates Corp (1.44%), Acadian Asset Management LLC (1.08%), Osaic Holdings Inc. (1.02%) and Osaic Holdings Inc. (1.02%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CION Investment's stock price today?

One share of CION stock can currently be purchased for approximately $10.48.

How much money does CION Investment make?

CION Investment (NYSE:CION) has a market capitalization of $572.00 million and generates $194.90 million in revenue each year. The company earns $50.14 million in net income (profit) each year or $0.72 on an earnings per share basis.

How can I contact CION Investment?

CION Investment's mailing address is 3 PARK AVENUE 36TH FLOOR, NEW YORK NY, 10016. The official website for the company is www.cioninvestments.com. The company can be reached via phone at 212-418-4700 or via fax at 212-418-4739.

This page (NYSE:CION) was last updated on 9/27/2023 by MarketBeat.com Staff

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