Financial Services -
Asset Management - NYSE - US
$ 10.07
-0.592 %
$ 530 M
Market Cap
-34.72
P/E
1. INTRINSIC VALUE
Balance Sheet
CION Investment Corporation
| Current Assets | 55.8 M |
| Cash & Short-Term Investments | 7.67 M |
| Receivables | 48.1 M |
| Other Current Assets | 0 |
| Non-Current Assets | 1.89 B |
| Long-Term Investments | 1.89 B |
| PP&E | 0 |
| Other Non-Current Assets | 0 |
| Current Liabilities | 13 M |
| Accounts Payable | 13 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 1.11 B |
| Long-Term Debt | 1.1 B |
| Other Non-Current Liabilities | 12.8 M |
EFFICIENCY
Earnings Waterfall
CION Investment Corporation
| Revenue | 45.9 M |
| Cost Of Revenue | 96.9 M |
| Gross Profit | 45.9 M |
| Operating Expenses | 11.9 M |
| Operating Income | 34 M |
| Other Expenses | 107 K |
| Net Income | 33.9 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
CION Investment Corporation
| Net Income | 33.9 M |
| Depreciation & Amortization | 33.6 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 0 |
| Others | 48.1 M |
| Free Cash Flow | 88.2 M |
Wall Street Analysts Price Targets
CION Investment Corporation
Wall Street analysts predict an average 1-year price target for CION of $13 , with forecasts ranging from
a
low of
$13 to a high of $13 .
CION Lowest Price Target
Wall Street Target
13 USD
29.10%
CION Average Price Target
Wall Street Target
13 USD
29.10%
CION Highest Price Target
Wall Street Target
13 USD
29.10%
4. DIVIDEND
ANALYSIS
0.48%
DIVIDEND YIELD
0.36 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
CION Investment Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
37.5 K USD 5
0-3 MONTHS
82 K USD 6
3-6 MONTHS
52.7 K USD 5
6-9 MONTHS
74.8 K USD 6
9-12 MONTHS
7. News
BDC Dividend Cut Storm Likely Ahead
High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Companies (BDCs) offer attractive yields averaging 12.8%, with several high-quality players maintaining dividends even through challenging periods like COVID-19. However, rising interest rates pose a significant risk to BDC dividend sustainability, making it critical to reassess current exposures and avoid potential value impairments.
seekingalpha.com
- 3 weeks ago
CION Investment Corporation Schedules 2025 Second Quarter Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it will report its financial results for the second quarter ended June 30, 2025 on Thursday, August 7, 2025, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in approximat.
businesswire.com
- 3 weeks ago
The BDC Promise Vs. My Portfolio: What I Learned The Hard Way
BDCs are high-yield assets that can come in handy for income investors. Yet, attractive yields tend to be there for a reason. In the article, I share my key lessons learned from my relatively successful BDC investment journey.
seekingalpha.com
- 3 weeks ago
Dividend Cut Alert: Big Dividends Getting Risky
High-yield stocks can be powerful income and total return generators. However, many of them are at risk of a dividend cut. We share two big dividends that are at risk of cutting their dividends in the near future.
seekingalpha.com
- 1 month ago
The More It Tanks, The More It Stanks
High-yield stocks that trade at deep discounts to NAV often attract value-oriented income investors. However, most of the time, these investments are value traps. I share two popular stocks like this whose dividends I think are at risk and will likely deliver disappointing total returns to shareholders moving forward.
seekingalpha.com
- 1 month ago
2 Picks For Monthly Distributions And Participating With Activists
Closed-end funds offer unique opportunities due to the structure, which allows for the share price to swing wildly different from the underlying portfolio value. There are activist groups that specifically target these in a way to take advantage of this feature within the closed-end fund space. On top of that, it also provides significant diversification by investing in already diversified CEFs, and additionally, this can translate into strong monthly distributions.
seekingalpha.com
- 1 month ago
OXSQ Bonds Outshine CION: Why This 8% Yield Deserves Investor Attention
Putting OXSQ and CION bonds to the test. Comparison between the two companies using the Moody's methodology for credit scoring in the BDC sector. OXSQG and OXSQZ are both picks in our portfolios, and they shine brighter when compared to other bonds from the BDC sector.
seekingalpha.com
- 1 month ago
BDC Weekly Review: NII Is Stabilizing
We take a look at the action in business development companies through the third week of May and highlight some of the key themes we are watching. BDCs have rebounded strongly, with most lenders up for the month and sector valuations approaching long-term averages, signaling renewed investor confidence. Key income headwinds from Fed rate cuts are behind us; leverage and lending spreads are rising, supporting net investment income (NII) stability.
seekingalpha.com
- 2 months ago
2 BDCs To Boost Your Passive Income
Business development companies, or BDCs, can provide relatively high yields, making them attractive for income-focused investors. Not all BDCs are the same, with each having their own unique focus and how they attempt to deliver those higher yields. Today, we are looking at two higher-yielding BDCs that, I believe, are attractive to help boost one's portfolio yield.
seekingalpha.com
- 2 months ago
CION Investment: Price To Book Discount Provides Margin Of Safety
CION offers a 15% yield and has outperformed both high-yield bonds and the average BDC over the past three years. Despite concerns over declining book value and high Payment in Kind (PIK) income, CION trades at a steep 0.72 price-to-book discount. Management uses share buybacks to offset book value declines, and the discount provides a margin of safety for riskier lending.
seekingalpha.com
- 2 months ago
Dividend Cut Alert: High Yields Getting Risky
Blue-chip high yields are often looked to for stable and attractive passive income and total returns. However, several of these are on increasingly shaky footing right now. I detail why and share some examples in the article.
seekingalpha.com
- 2 months ago
CION Investment Corporation (CION) Q1 2025 Earnings Call Transcript
CION Investment Corporation (NYSE:CION ) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Charlie Arestia - Managing Director & Head, Investor Relations Mark Gatto - Co-Chief Executive Officer Gregg Bresner - President & Chief Investment Officer Keith Franz - Chief Financial Officer Conference Call Participants Erik Zwick - Lucid Capital Markets Operator Greetings. Welcome to CION Investment Corporation First Quarter 2025 Earnings Call.
seekingalpha.com
- 2 months ago
8. Profile
Summary
CION Investment Corporation CION
COUNTRY
US
INDUSTRY
Asset Management
MARKET CAP
$ 530 M
Dividend Yield
0.48%
Description
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.
Contact
3 Park Avenue, New York City, NY, 10016
https://www.cionbdc.com
IPO
Date
Oct. 5, 2021
Employees
None
Officers
Mr. Eric Anthony Pinero
Chief Legal Officer
Mr. Charles Douglas Arestia
MD & Head of Investor Relations
Ms. Aditi Budhia
Senior Vice President
Mr. Nicholas Tzoumas
Director
Mr. Keith Scott Franz CPA
MD, Chief Financial Officer & Treasurer
Mr. Stephen Roman
Chief Compliance Officer & Counsel
Mr. Joe Elsabee
Managing Director
Mr. Mark Gatto J.D.
Co-Founder, Co-Chairman & Co-Chief Executive Officer
Mr. Gregg A. Bresner CFA
President & Chief Investment Officer
Mr. Michael A. Reisner Esq., J.D.
Co-Founder, Co-Chairman & Co-Chief Executive Officer