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 target for 2024?

2 brokers have issued 1 year price objectives for CION Investment's shares. 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 2024. Since then, CION shares have 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. Currently, 0.3% of the company's 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 quarterly earnings results on Thursday, March, 14th. The company reported $0.40 EPS for the quarter. The business earned $60 million during the quarter. CION Investment had a trailing twelve-month return on equity of 12.33% and a net margin of 37.97%.

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

CION Investment declared a quarterly dividend on Monday, March 11th. Stockholders of record on Friday, March 22nd will be given a dividend of $0.34 per share on Thursday, March 28th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 12.25%. The ex-dividend date of this dividend 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 12.58%. 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?

ETFs with the largest weight of CION Investment (NYSE:CION) stock in their portfolio include Kingsbarn Dividend Opportunity ETF (DVDN) , Invesco KBW High Dividend Yield Financial ETF (KBWD) , Putnam BDC Income ETF (PBDC) and Virtus Private Credit Strategy ETF (VPC) . VanEck BDC Income ETF (BIZD) .

Who are CION Investment's major shareholders?

CION Investment's stock is owned by a number of institutional and retail 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 .

NYSE:CION

CION Investment (CION) Stock Price, News & Analysis

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Free CION Stock Alerts

$11.10

+0.08 (+0.73%)

(As of 04/18/2024 ET)

Compare

Today's Range: $11.01
▼
$11.14
50-Day Range: $10.55
▼
$11.23
52-Week Range: $8.99
▼
$12.00

Volume: 200,917 shs
Average Volume: 300,195 shs
Market Capitalization: $597.89 million

P/E Ratio: 6.31
Dividend Yield: 12.25%
Price Target: $11.13

Get CION Investment alerts:

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

696th out of 822 stocks

Holding & Other Investment Offices Industry

6th out of 10 stocks

1.0

Analyst's Opinion

Consensus Rating
CION Investment has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
CION Investment has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.25% of the float of CION Investment has been sold short.
Short Interest Ratio / Days to Cover
CION Investment has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CION Investment has recently decreased by 36.27%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Leadership
CION Investment is a leading dividend payer. It pays a dividend yield of 12.58%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CION Investment has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of CION Investment is 77.27%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CION.

1.9

News and Social Media Coverage

News Sentiment
CION Investment has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for CION Investment this week, compared to 2 articles on an average week.
Search Interest
3 people have searched for CION on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added CION Investment to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CION Investment insiders have bought more of their company's stock than they have sold. Specifically, they have bought $70,760.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.44% of the stock of CION Investment is held by insiders.
Percentage Held by Institutions
Only 32.01% of the stock of CION Investment is held by institutions.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of CION Investment is 6.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of CION Investment is 6.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.84.
Price to Book Value per Share Ratio
CION Investment has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

CION Stock News Headlines

March 30, 2024 | insidertrades.com

Insider Buying: CION Investment Co. (NYSE:CION) CEO Purchases 1,150 Shares of Stock

March 22, 2024 | insidertrades.com

CION Investment Co. (NYSE:CION) Insider Gregg A. Bresner Purchases 4,000 Shares

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April 8, 2024 | businesswire.com

CION Investment Corporation Schedules 2024 First Quarter Earnings Release and Conference Call

April 1, 2024 | markets.businessinsider.com

Insiders Buying Outlook Therapeutics And 2 Other Stocks

March 27, 2024 | finance.yahoo.com

CION Investment Corporation Strengthens Leadership Team with the Appointment of Charlie Arestia as Managing Director and Head of Investor Relations

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CION Investment Corporation (CION) Q4 2023 Earnings Call Transcript

March 16, 2024 | investing.com

Earnings call: CION Investment reports robust Q4 and FY2023 financials

March 15, 2024 | finance.yahoo.com

CION Apr 2024 10.000 call

March 15, 2024 | msn.com

CION Investment Corporation (NYSE:CION) Q4 2023 Earnings Call Transcript

March 14, 2024 | markets.businessinsider.com

What Wall Street expects from CION Investment's earnings

March 14, 2024 | finance.yahoo.com

CION Invt Corp (CION) Reports Solid Q4 and Year-End 2023 Financial Results

March 14, 2024 | nasdaq.com

CION Investment Q4 Net Investment Income Down, Total Investment Income Rises

March 14, 2024 | finance.yahoo.com

CION Investment Corporation Reports Fourth Quarter and Year End 2023 Financial Results

March 14, 2024 | msn.com

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March 14, 2024 | msn.com

Federal Judge Blocks JetBlue-Spirit’s Ambitions in $3.8 Billion Merger to ‘Protect Consumers’

March 13, 2024 | benzinga.com

Earnings Outlook For CION Invt

February 22, 2024 | fool.com

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February 17, 2024 | finance.yahoo.com

CION Mar 2024 10.000 put

February 17, 2024 | finance.yahoo.com

CION Jun 2024 14.850 call

February 9, 2024 | msn.com

CION Investment Corp Regulation FD Report Summary

February 8, 2024 | finance.yahoo.com

CION Investment Corporation Schedules 2023 Fourth Quarter and Year-End Earnings Release and Conference Call

January 15, 2024 | entrepreneur.com

Return on Investment (ROI)

January 13, 2024 | msn.com

This week's meetings include school boards, Amarillo city departments

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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: 4/18/2024
Next Earnings (Confirmed): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Holding & other investment offices
Sub-Industry: N/A
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 Target: $11.13
High Stock Price Target: $11.50
Low Stock Price Target: $10.75
Potential Upside/Downside: +0.2%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.76
Trailing P/E Ratio: 6.31
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $95.31 million
Net Margins: 37.97%
Pretax Margin: 41.82%
Return on Equity: 12.33%
Return on Assets: 5.54%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.04
Quick Ratio: 0.04

Sales & Book Value

Annual Sales: $251.01 million
Price / Sales: 2.38
Cash Flow: $2.06 per share
Price / Cash Flow: 5.38
Book Value: $16.20 per share
Price / Book: 0.69

Miscellaneous

Outstanding Shares: 53,840,000
Free Float: 53,607,000
Market Cap: $597.89 million
Optionable: Optionable
Beta: 1.24

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Key Executives

Mr. Michael A. Reisner Esq. (Age 53)
J.D., Co-Founder & Co-Chairman & Co-CEO
Mr. Mark Gatto J.D. (Age 51)
Co-Founder, Co-Chairman & Co-CEO
Mr. Gregg A. Bresner CFA
President & Chief Investment Officer
Mr. Joe Elsabee
Managing Director
Mr. Keith Scott Franz CPA (Age 55)
MD, CFO & Treasurer
Mr. Charles Douglas Arestia (Age 38)
MD & Head of Investor Relations
Mr. Stephen Roman (Age 42)
Chief Compliance Officer & Corporate Secretary
Mr. Eric Anthony Pinero (Age 48)
Chief Legal Officer
Mr. Alexander Cavalieri
MD and Head of Marketing & Strategy
Mr. Geoffrey A. Manna
Senior Managing Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CION Stock Analysis - 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 target for 2024?: 2 brokers have issued 1 year price objectives for CION Investment's shares. 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 2024. Since then, CION shares have 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. Currently, 0.3% of the company's 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 quarterly earnings results on Thursday, March, 14th. The company reported $0.40 EPS for the quarter. The business earned $60 million during the quarter. CION Investment had a trailing twelve-month return on equity of 12.33% and a net margin of 37.97%.

How often does CION Investment pay dividends? What is the dividend yield for CION Investment?: CION Investment declared a quarterly dividend on Monday, March 11th. Stockholders of record on Friday, March 22nd will be given a dividend of $0.34 per share on Thursday, March 28th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 12.25%. The ex-dividend date of this dividend 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 12.58%. 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?: ETFs with the largest weight of CION Investment (NYSE:CION) stock in their portfolio include Kingsbarn Dividend Opportunity ETF (DVDN), Invesco KBW High Dividend Yield Financial ETF (KBWD), Putnam BDC Income ETF (PBDC) and Virtus Private Credit Strategy ETF (VPC).VanEck BDC Income ETF (BIZD).
Who are CION Investment's major shareholders?: CION Investment's stock is owned by a number of institutional and retail 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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