CION Investment (CION) Stock Price, News & Analysis

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.

2 Wall Street analysts have issued 1-year target prices for CION Investment's shares. Their CION share price targets range from $10.75 to $11.50. On average, they expect the company's stock price to reach $11.13 in the next twelve months. This suggests a possible upside of 2.6% from the stock's current price.
View analysts price targets for CION or view top-rated stocks among Wall Street analysts.

CION Investment's stock was trading at $11.31 at the beginning of the year. Since then, CION shares have decreased by 4.2% and is now trading at $10.84.
View the best growth stocks for 2024 here.

CION Investment saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 132,500 shares, a drop of 36.3% from the March 15th total of 207,900 shares. Based on an average trading volume of 308,800 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the company's shares are short sold.
View CION Investment's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our CION earnings forecast.

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

CION Investment declared a quarterly dividend on Monday, March 11th. Shareholders 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 12.55%. The ex-dividend date is Thursday, March 21st.
Read our dividend analysis for CION.

CION Investment (NYSE:CION) pays an annual dividend of $1.36 per share and currently has a dividend yield of 12.34%. 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.

ETFs with the largest weight of CION Investment (NYSE:CION) stock in their portfolio include 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).

CION Investment's stock is owned by a variety of retail and institutional investors. Top institutional investors include International Assets Investment Management LLC (0.19%), Cooper Financial Group (0.11%), 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.

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.