CION Stock Price, CION Investment Quote, Chart

Market Summary

USD11.46+0.11

Delayed

0.97%

CION Alerts

2 major insider buys recently.

CION Stock Price

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CION RSI Chart

CION Valuation

Market Cap

617.1M

Price/Earnings (Trailing)

6.47

Price/Sales (Trailing)

2.46

Price/Free Cashflow

-6.35

CION Price/Sales (Trailing)

CION Profitability

Return on Equity

10.84%

Return on Assets

4.76%

Free Cashflow Yield

-15.74%

CION Fundamentals

CION Revenue

Revenue (TTM)

251.0M

Rev. Growth (Yr)

8.11%

Rev. Growth (Qtr)

-11.17%

CION Earnings

Earnings (TTM)

95.3M

Earnings Growth (Yr)

434.79%

Earnings Growth (Qtr)

7.41%

Breaking Down CION Revenue

Last 7 days

2.1%

Last 30 days

3.3%

Last 90 days

1.8%

How does CION drawdown profile look like?

CION Financial Health

Debt/Equity

1.23

Debt/Cashflow

-0.09

CION Investor Care

Buy Backs (1Y)

2.03%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	218.2M	233.1M	246.5M	251.0M
2022	166.7M	176.1M	185.5M	194.9M
2021	0	0	160.6M	157.3M
2020	0	0	0	163.8M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of CION Investment Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 05, 2024	pinero eric a.	bought	4,999	11.11	450	chief legal officer
Apr 01, 2024	roman stephen	bought	4,972	11.05	450	cco & secretary
Mar 27, 2024	gatto mark	bought	551	11.02	50.00	co-chairman & co-ceo
Mar 27, 2024	gatto mark	bought	11,020	11.02	1,000	co-chairman & co-ceo
Mar 25, 2024	reisner michael a	bought	4,994	10.65	469	co-chairman & co-ceo
Mar 20, 2024	bresner gregg a.	bought	43,120	10.78	4,000	president & cio
Nov 27, 2023	finlay peter i.	bought	3,264	10.88	300	-
Nov 16, 2023	gatto mark	bought	10,000	11.05	905	co-chairman & co-ceo

Which funds bought or sold CION recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	Triumph Capital Management	reduced	-42.63	-151,465	192,811	0.08%
Apr 25, 2024	Bank of New York Mellon Corp	new	-	179,889	179,889	-%
Apr 25, 2024	Allworth Financial LP	unchanged	-	-524	18,579	-%
Apr 24, 2024	Spire Wealth Management	added	2.3	3,008	174,956	-%
Apr 24, 2024	Cambridge Investment Research Advisors, Inc.	added	0.19	-251,000	9,586,000	0.04%
Apr 24, 2024	Newbridge Financial Services Group, Inc.	added	0.97	-7,339	400,291	0.17%
Apr 24, 2024	IAG Wealth Partners, LLC	sold off	-100	-1,685	-	-%
Apr 23, 2024	Strategic Blueprint, LLC	reduced	-28.73	-88,587	200,123	0.01%
Apr 23, 2024	REGATTA CAPITAL GROUP, LLC	reduced	-3.75	-14,773	216,593	0.05%
Apr 23, 2024	Gradient Investments LLC	sold off	-100	-15,517	-	-%

Are Funds Buying or Selling CION?

Are funds buying CION calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CION

No. of Funds

CION Alerts

2 major insider buys recently.

Recent SEC filings of CION Investment Corporation

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	N-2	N-2
Apr 08, 2024	8-K	Current Report
Apr 05, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 27, 2024	8-K	Current Report
Mar 26, 2024	4	Insider Trading
Mar 21, 2024	4	Insider Trading
Mar 20, 2024	3	Insider Trading
Mar 14, 2024	8-K	Current Report

Peers (Alternatives to CION Investment Corporation)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	113.5B	17.9B	-8.72%	15.04%	20.64	6.36	-0.08%	6.26%
BX	87.5B	8.0B	-6.48%	41.81%	62.9	10.9	-5.81%	-20.41%
BK	43.2B	20.6B	0.65%	36.40%	13.16	2.09	87.93%	27.71%
ARES	41.1B	3.6B	0.22%	60.06%	86.62	11.31	18.87%	183.11%
BEN	13.2B	7.9B	-9.55%	-6.12%	13.59	1.67	-1.81%	-3.56%
MID-CAP
IVZ	6.6B	5.7B	-10.76%	-14.80%	-19.76	1.15	-5.50%	-148.79%
AMG	5.3B	2.1B	-3.65%	13.18%	7.81	2.55	-11.67%	-41.28%
AB	3.9B	-	-3.22%	-3.67%	14.14	-	-	7.16%
CNS	3.5B	489.6M	-7.24%	18.80%	27.01	7.12	-13.63%	-24.55%
APAM	3.4B	1.0B	-7.86%	21.86%	14.61	3.36	6.21%	20.27%
AMK	2.5B	708.5M	-3.75%	9.49%	20.49	3.56	15.83%	19.23%
SMALL-CAP
PX	867.3M	241.7M	-10.86%	-26.04%	-126.03	3.59	21.87%	-123.56%
BSIG	863.5M	426.6M	-0.70%	-	13.12	2.02	2.25%	-34.59%
AINC	16.6M	746.8M	110.87%	-53.81%	-3.6	0.02	15.88%	-226.93%
AC	696.3K	25.3M	-0.86%	-14.47%	0.02	0.03	137.10%	176.58%

CION Investment Corporation News

Latest updates

CION Investment Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)											(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q4
Revenue	-11.2%	60.00	68.00	58.00	65.00	56.00	54.00	44.00	42.00	42.00	43.00	-
Costs and Expenses	-	-	-	3.00	3.00	3.00	3.00	3.00	3.00	-	-	-
Operating Expenses	1.0%	38.00	38.00	35.00	35.00	31.00	29.00	24.00	22.00	-	23.00	-
S&GA Expenses	-26.4%	1.00	2.00	2.00	2.00	1.00	2.00	2.00	2.00	-	3.00	-
Interest Expenses	10.4%	24.00	22.00	20.00	19.00	17.00	13.00	11.00	8.00	-	8.00	-
Net Income	7.4%	51.00	47.00	28.00	-31.04	10.00	34.00	-1.27	8.00	-	25.00	-
Net Income Margin	73.8%	0.38*	0.22*	0.17*	0.05*	0.26*	0.64*	0.67*	0.71*	0.75*	-0.07*	-0.07*
Free Cashflow	-696.3%	-54.60	-6.86	-36.00	0.00	65.00	15.00	-30.48	-14.63	11.00	11.00	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet							(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2021Q4
Assets	5.6%	2,002	1,896	1,835	1,854	1,872	1,886	1,783
Cash Equivalents	23.7%	8.00	7.00	12.00	96.00	83.00	44.00	4.00
Liabilities	8.4%	1,122	1,036	998	1,024	989	971	852
Long Term Debt	8.1%	1,082	1,000	977	1,002	951	950	822
Shareholder's Equity	2.2%	880	861	836	830	884	915	931
Retained Earnings	12.4%	-153	-175	-201	-210	-160	-138	-129
Additional Paid-In Capital	-0.3%	1,033	1,036	1,038	1,041	1,045	1,053	1,060
Shares Outstanding	-0.7%	54.00	55.00	55.00	55.00	56,557	57.00	56,809
Float	-	-	-	565	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)											(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2020Q4
Cashflow From Operations	-696.3%	-54,602	-6,857	-36,000	308	64,954	15,434	-30,484	-14,626	-	10,638	-
Cashflow From Financing	2518.2%	56,212	2,147	-48,501	12,969	-25,876	-14,315	55,526	28,352	-	-9,975	-
Dividend Payments	14.1%	21,177	18,552	18,614	33,618	17,143	17,604	15,949	15,948	-	9,962	-
Buy Backs	61.0%	2,899	1,801	3,226	3,592	8,733	6,711	-	-	-	13.00	-

CION Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Investment income

Fee income

$ 11,694

$ 9,544

$ 5,927

Total investment income

251,010

194,898

157,348

Operating expenses

Management fees

26,856

27,361

31,143

Administrative services expense

3,971

3,348

3,069

Subordinated incentive fee on income

22,277

18,710

6,875

General and administrative

7,382

7,278

9,805

Interest expense

85,556

49,624

31,807

Total operating expenses

146,042

106,321

82,699

Net investment income before taxes

104,968

88,577

74,649

Income tax (benefit) expense, including excise tax

(54)

372

342

Net investment income after taxes

105,022

88,205

74,307

Realized and unrealized (losses) gains

Net realized (losses) gains

(31,927)

(32,747)

843

Foreign currency

0

(3)

Net realized (losses) gains

(31,927)

(32,750)

840

Net change in unrealized appreciation (depreciation) on investments

22,219

(5,314)

43,617

Net realized and unrealized (losses) gains

(9,708)

(38,064)

44,457

Net increase in net assets resulting from operations

$ 95,314

$ 50,141

$ 118,764

Per share information—basic and diluted

Net (decrease) increase in net assets per share resulting from operations (in dollars per share)

^[1]

$ 1.74

$ 0.89

$ 2.09

Net investment income per share (in dollars per share)

^[1]

$ 1.92

$ 1.56

$ 1.31

Weighted average shares of common stock outstanding - basic (in shares)

^[1]

54,685,327

56,556,510,000

56,808,960,000

Weighted average shares of common stock outstanding - diluted (in shares)

^[1]

54,685,327

56,556,510,000

56,808,960,000

Non-controlled, non-affiliated investments

Investment income

Interest income

$ 184,013

$ 140,560

$ 119,792

Paid-in-kind interest income

22,317

22,737

17,306

Fee income

7,871

9,019

5,927

Dividend income

210

103

366

Realized and unrealized (losses) gains

Net realized (losses) gains

(31,927)

(11,217)

(4,100)

Net change in unrealized appreciation (depreciation) on investments

15,658

(19,807)

25,566

Non-controlled, affiliated investments

Investment income

Interest income

7,068

5,865

4,961

Paid-in-kind interest income

8,372

6,204

3,160

Fee income

2,432

525

0

Dividend income

3,946

79

5,576

Realized and unrealized (losses) gains

Net realized (losses) gains

0

(21,530)

8,010

Net realized (losses) gains

0

Net change in unrealized appreciation (depreciation) on investments

(7,335)

13,523

7,261

Controlled investments

Investment income

Interest income

8,090

6,049

0

Paid-in-kind interest income

1,050

2,482

260

Fee income

1,391

0

Dividend income

4,250

1,275

0

Realized and unrealized (losses) gains

Net realized (losses) gains

0

(3,067)

Net realized (losses) gains

0

Net change in unrealized appreciation (depreciation) on investments

$ 13,896

$ 970

$ 10,790

[1]

As discussed in Note 3, the Company completed a two-to-one reverse stock split, effective as of September 21, 2021. The weighted average shares used in the computation of the net increase (decrease) in net assets per share resulting from operations and net investment income per share for 2021 reflect the reverse stock split on a retroactive basis.

CION Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($)
$ in Thousands

Dec. 31, 2023

Dec. 31, 2022

Assets

Investments, at fair value:

$ 1,954,270

^[1]

$ 1,760,030

^[2]

Cash

8,415

82,739

Interest receivable on investments

36,724

26,526

Receivable due on investments sold and repaid

967

1,016

Dividends receivable on controlled investments

0

1,275

Prepaid expenses and other assets

1,348

825

Total assets

2,001,724

1,872,411

Liabilities

Financing arrangements (net of unamortized debt issuance costs of $10,643 and $6,178, respectively)

1,081,701

951,322

Payable for investments purchased

4,692

0

Accounts payable and accrued expenses

1,036

1,012

Interest payable

10,231

7,820

Accrued management fees

6,893

6,924

Accrued subordinated incentive fee on income

4,615

5,065

Accrued administrative services expense

2,156

1,703

Shareholder distribution payable

10,837

14,931

Total liabilities

1,122,161

988,777

Commitments and contingencies (Note 4 and Note 11)

Shareholders' Equity

Common stock, $0.001 par value; 500,000,000 shares authorized; 54,184,638 and 55,299,484 shares issued and 54,184,638 and 55,299,484 shares outstanding, respectively

54

55

Capital in excess of par value

1,033,030

1,044,547

Accumulated distributable losses

(153,521)

(160,968)

Total shareholders' equity

879,563

883,634

Total liabilities and shareholders' equity

$ 2,001,724

$ 1,872,411

Net asset value per share of common stock at end of year (in dollars per share)

^[3]

$ 16.23

$ 15.98

Non-controlled, non-affiliated investments

Assets

Investments, at fair value:

$ 1,570,676

$ 1,525,040

Non-controlled, affiliated investments

Assets

Investments, at fair value:

206,301

143,876

Controlled investments

Assets

Investments, at fair value:

$ 177,293

$ 91,114

[1]	Fair value determined in good faith by the Company’s board of directors (see Note 9), including via delegation to CIM as the Company’s valuation designee (see Note 2), using significant unobservable inputs unless otherwise noted.
[2]	Fair value determined in good faith by the Company’s board of directors (see Note 9), including via delegation to CIM as the Company’s valuation designee (see Note 2), using significant unobservable inputs unless otherwise noted.
[3]	As discussed in Note 3, the Company completed a two-to-one reverse stock split, effective as of September 21, 2021. The shares outstanding used in the computation of net asset value per share for 2021 reflect the reverse stock split on a retroactive basis.

About CION Investment Corporation

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.

0

CEO	Mr. Michael A. Reisner Esq., J.D.
WEBSITE	cionbdc.com
INDUSTRY	Asset Management

CION Investment Corporation Frequently Asked Questions

What is the ticker symbol for CION Investment Corporation? What does CION stand for in stocks?

CION is the stock ticker symbol of CION Investment Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CION Investment Corporation (CION)?

As of Fri Apr 26 2024, market cap of CION Investment Corporation is 617.05 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CION stock?

You can check CION's fair value in chart for subscribers.

What is the fair value of CION stock?

You can check CION's fair value in chart for subscribers. The fair value of CION Investment Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CION Investment Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CION so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CION Investment Corporation a good stock to buy?

The fair value guage provides a quick view whether CION is over valued or under valued. Whether CION Investment Corporation is cheap or expensive depends on the assumptions which impact CION Investment Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CION.

What is CION Investment Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 26 2024, CION's PE ratio (Price to Earnings) is 6.47 and Price to Sales (PS) ratio is 2.46. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CION PE ratio will change depending on the future growth rate expectations of investors.