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CION Investment Corporation (CICB)



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Upturn Advisory Summary
08/14/2025: CICB (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit 1.33% | Avg. Invested days 31 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 23.69 - 24.92 | Updated Date 02/26/2025 |
52 Weeks Range 23.69 - 24.92 | Updated Date 02/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
CION Investment Corporation
Company Overview
History and Background
CION Investment Corporation is a publicly traded business development company (BDC) that focuses on providing debt and other financing solutions to middle-market companies. It was founded in 2012 and is externally managed by CION Investments, LLC. Its evolution has centered on growing its portfolio of investments and expanding its reach within the middle-market lending space.
Core Business Areas
- Direct Lending: Providing senior secured loans, mezzanine debt, and other debt financing to middle-market companies.
- Opportunistic Investments: Making investments in equity securities, warrants, and other opportunistic investments alongside its debt investments.
Leadership and Structure
CION Investment Corporation is externally managed by CION Investments, LLC. The leadership team consists of executives within CION Investments, responsible for setting the company's investment strategy and managing its day-to-day operations. The organizational structure is typical of externally managed BDCs.
Top Products and Market Share
Key Offerings
- Senior Secured Loans: Senior secured loans are the primary revenue driver, financing middle-market companies. Market share data specific to CION is unavailable, but the middle-market direct lending space is competitive. Competitors include other BDCs like Ares Capital (ARCC) and Golub Capital BDC (GBDC).
- Mezzanine Debt: Mezzanine debt provides higher-yielding returns but carries greater risk. Market share data specific to CION is unavailable. Competitors are the same as in senior secured loans.
Market Dynamics
Industry Overview
The BDC industry is driven by demand for alternative financing solutions from middle-market companies. It's influenced by interest rate environments, credit spreads, and regulatory factors. The industry is competitive, with numerous BDCs vying for investment opportunities.
Positioning
CION Investment Corporation positions itself as a reliable provider of capital to middle-market companies, leveraging its expertise in direct lending and opportunistic investments. Competitive advantages are related to experienced management team.
Total Addressable Market (TAM)
The total addressable market for middle-market lending is substantial, estimated in the hundreds of billions of dollars. CION Investment Corporation targets a portion of this market through its direct lending and opportunistic investment strategies. Given the large TAM, CION is positioned for potential further growth.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Diversified Investment Portfolio
- Access to Capital Markets
- Strong relationships with middle-market companies
Weaknesses
- External Management Structure (potential conflicts of interest)
- Reliance on Debt Financing
- Exposure to Credit Risk (middle-market companies)
- Dependence on manager for sourcing deals
Opportunities
- Expanding Investment Portfolio
- Increasing Market Share in Middle-Market Lending
- Capitalizing on Distressed Debt Opportunities
- Strategic Acquisitions
Threats
- Economic Downturn (increased credit risk)
- Rising Interest Rates (increased borrowing costs)
- Increased Competition from Other BDCs
- Regulatory Changes (impact on BDC operations)
Competitors and Market Share
Key Competitors
- ARCC
- GBDC
- BXSL
- TPVG
Competitive Landscape
CION competes with other BDCs for investment opportunities. Its competitive advantages include its experienced management team and access to capital markets. Disadvantages may include its external management structure.
Growth Trajectory and Initiatives
Historical Growth: CION Investment Corporation's growth has been driven by expanding its investment portfolio and increasing its assets under management. The pace of growth depends on market conditions and investment opportunities.
Future Projections: Future growth projections are subject to market conditions, investment opportunities, and the company's ability to raise capital. Analyst estimates vary depending on the source.
Recent Initiatives: Recent strategic initiatives may include new investment strategies, partnerships, or acquisitions aimed at expanding the company's reach and enhancing shareholder value.
Summary
CION Investment Corporation is a BDC focused on middle-market lending. Its strength lies in its experience, access to capital, and potential growth within a large, fragmented market. Challenges include its external management, reliance on debt, and exposure to credit risk. Monitoring financial performance and market conditions is crucial for sustained growth and shareholder value.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Third-party Financial Data Providers
- Industry Reports
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be made after conducting thorough due diligence and consulting with a qualified financial advisor. Market share data are estimates and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About CION Investment Corporation
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2024-10-09 | Co-Founder & Co-Chairman & Co-CEO Mr. Michael A. Reisner Esq., J.D. | ||
Sector - | Industry - | Full time employees - | Website https://www.cionbdc.com |
Full time employees - | Website https://www.cionbdc.com |
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 $30 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.

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