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T   16.34 (+0.06%)
F   12.09 (+0.25%)
MU   106.97 (-4.43%)
GE   148.61 (-2.83%)
CGC   8.01 (+2.30%)
DIS   111.29 (-1.01%)
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NYSE:CION

CION Investment (CION) Stock Price, News & Analysis

$11.22
+0.13 (+1.17%)
(As of 12:12 PM ET)
Today's Range
$11.06
$11.24
50-Day Range
$10.55
$11.23
52-Week Range
$8.99
$12.00
Volume
64,928 shs
Average Volume
297,053 shs
Market Capitalization
$604.08 million
P/E Ratio
6.38
Dividend Yield
12.12%
Price Target
$11.13

CION Investment MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.2% Upside
$11.13 Price Target
Short Interest
Healthy
0.25% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$70,760 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.

1.57 out of 5 stars

Finance Sector

720th out of 849 stocks

Holding & Other Investment Offices Industry

6th out of 10 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

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The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
CION Apr 2024 10.000 call
What Wall Street expects from CION Investment's earnings
Earnings Outlook For CION Invt
Best Investment Apps for Beginners for 2024
CION Mar 2024 10.000 put
CION Jun 2024 14.850 call
Return on Investment (ROI)
See More Headlines
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Company Calendar

Ex-Dividend for 1/31 Dividend
12/21/2023
Dividend Payable
1/31/2024
Last Earnings
3/14/2024
Ex-Dividend for 3/28 Dividend
3/21/2024
Dividend Payable
3/28/2024
Today
4/19/2024
Next Earnings (Confirmed)
5/09/2024
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
-0.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$95.31 million
Pretax Margin
41.82%

Debt

Sales & Book Value

Annual Sales
$251.01 million
Cash Flow
$2.04 per share
Book Value
$16.20 per share

Miscellaneous

Free Float
53,607,000
Market Cap
$604.08 million
Optionable
Optionable
Beta
1.24
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Key Executives


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 twelve months. 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 1 year target prices for CION Investment's stock. Their CION share price targets range from $10.75 to $11.50. On average, they predict the company's stock price to reach $11.13 in the next year. This suggests a possible upside of 0.2% 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 2024?

CION Investment's stock was trading at $11.31 at the beginning of the year. Since then, CION stock has decreased by 1.8% and is now trading at $11.1050.
View the best growth stocks for 2024 here
.

Are investors shorting CION Investment?

CION Investment saw a decrease in short interest during the month of March. As of March 31st, there was short interest totaling 132,500 shares, a decrease of 36.3% from the March 15th total of 207,900 shares. Based on an average daily volume of 308,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the shares of the stock 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, May 9th 2024.
View our CION earnings forecast
.

How were CION Investment's earnings last quarter?

CION Investment Co. (NYSE:CION) released its earnings results on Thursday, March, 14th. The company reported $0.40 EPS for the quarter. The business had revenue of $60 million for the quarter. CION Investment had a net margin of 37.97% and a trailing twelve-month return on equity of 12.33%.

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

CION Investment announced a quarterly dividend on Monday, March 11th. Stockholders of record on Friday, March 22nd will be paid a dividend of $0.34 per share on Thursday, March 28th. This represents a $1.36 annualized dividend and a dividend yield of 12.25%. The ex-dividend date is Thursday, March 21st.
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 12.33%. CION has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 77.27%. 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?
Who are CION Investment's major shareholders?

CION Investment's stock is owned by a number of retail and institutional investors. Top institutional investors include Hennion & Walsh Asset Management Inc. (0.55%), International Assets Investment Management LLC (0.19%), Cooper Financial Group (0.11%), Kowal Investment Group LLC (0.05%), Brookstone Capital Management (0.04%) and Ignite Planners LLC (0.03%). 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 4/19/2024 by MarketBeat.com Staff

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