CION INVESTMENT CORP
CIONNYSETrading Snapshot
- Day Range
- $7.10 β $7.27
- 52-Week Range
- $5.83 β $10.40
- Volume
- $2.69B
- Avg Volume
- $2.57B
- Shares Outstanding
- 49.8M
- Next Earnings
- Oct 24, 2026
Fundamentals Snapshot
- Annual Revenue
- $201M
- Last Q Revenue
- $42M
- P/E Ratio
- 26.2
- P/S Ratio
- 2.6x
- EPS (TTM)
- $0.26
- Dividend Yield
- 17.82%
- Dilution (1yr)
- β2.3%
Why Investors Own CION
- βHigh-growth profile β revenue up -2.0% YoY with expanding US Equity exposure.
- βHealthy economics β 80% gross margin and 14% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
CION INVESTMENT CORP
CIONAbout CION INVESTMENT CORP
CION Investment Corporation operates as a Business Development Company (BDC) with a core focus on providing capital to middle-market businesses. It specializes in various debt instruments, including senior secured loans (such as unitranche, First Lien, and second lien loans), long-term subordinated loans, mezzanine debt, corporate bonds, and other debt securities. Additionally, the firm acquires equity interests, like warrants or options, in these target companies. CION supports diverse corporate initiatives, ranging from funding for growth and acquisitions to leveraged buyouts, market and product expansion, refinancing existing debt, and recapitalization efforts. Up to 30% of its assets may also be allocated to opportunistic investments, which can include securities issued by larger public corporations and foreign holdings. The company actively participates in the secondary loan market but explicitly avoids investing in start-up ventures, companies undergoing turnaround situations, or those with speculative business models. Its investment activities are predominantly focused within the United States. CION demonstrates a broad investment appetite across numerous sectors, including high technology, healthcare, pharmaceuticals, business services, media, chemicals, plastics, rubber, telecommunications, consumer services, advertising, printing and publishing, consumer goods (both durables and non-durables), diversified financials, homebuilding, restaurants, hospitality (beverage and tobacco bars), broadcasting, various distribution channels, food and beverage, energy (oil, gas, and consumables fuels), insurance, aerospace and defense, industrial machinery, paper and forest products, information technology, metals and mining, and real estate. Typically, the firm commits between $5 million and $50 million per investment to companies generating an EBITDA of $25 million to $75 million, with an average target hold size of $25 million. CION also acquires minority stakes, in the form of either common or preferred equity, within target companies. These equity investments are generally made in conjunction with its debt offerings or through co-investments alongside financial sponsors. Successful exits from its investments are usually achieved via an initial public offering (IPO), a merger, a direct sale, or other recapitalization events.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Price Target
βLatest News & Updates
CION INVESTMENT CORP tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift CION price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
CION INVESTMENT CORP announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.