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CION
Upturn stock ratingUpturn stock rating

Cion Investment Corp (CION)

Upturn stock ratingUpturn stock rating
$9.57
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

06/30/2025: CION (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $10.83

1 Year Target Price $10.83

Analysts Price Target For last 52 week
$10.83Target price
Low$8.19
Current$9.57
high$11.83

Analysis of Past Performance

Type Stock
Historic Profit 9.28%
Avg. Invested days 49
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 500.15M USD
Price to earnings Ratio -
1Y Target Price 10.83
Price to earnings Ratio -
1Y Target Price 10.83
Volume (30-day avg) 3
Beta 1.11
52 Weeks Range 8.19 - 11.83
Updated Date 06/29/2025
52 Weeks Range 8.19 - 11.83
Updated Date 06/29/2025
Dividends yield (FY) 15.14%
Basic EPS (TTM) -0.29

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -6.49%
Operating Margin (TTM) 75.35%

Management Effectiveness

Return on Assets (TTM) 5.76%
Return on Equity (TTM) -1.88%

Valuation

Trailing PE -
Forward PE 50
Enterprise Value 1593113728
Price to Sales(TTM) 2.13
Enterprise Value 1593113728
Price to Sales(TTM) 2.13
Enterprise Value to Revenue 12.32
Enterprise Value to EBITDA -
Shares Outstanding 52591700
Shares Floating -
Shares Outstanding 52591700
Shares Floating -
Percent Insiders 0.57
Percent Institutions 38.38

Analyst Ratings

Rating 2
Target Price 10.83
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold 1
Sell -
Strong Sell 1
Strong Sell 1

ai summary icon Upturn AI SWOT

Cion Investment Corp

stock logo

Company Overview

overview logo History and Background

Cion Investment Corporation is a specialty finance company that provides senior secured loans to U.S. middle-market companies. Cion was formed as a Maryland corporation on April 10, 2012, and commenced investment operations in 2012. Their primary investment objective is to generate current income and, to a lesser extent, capital appreciation for investors.

business area logo Core Business Areas

  • Direct Lending: Providing direct loans, primarily senior secured, to middle-market companies.
  • Investment Management: Managing and originating loans for middle-market companies with focus on senior secured positions.

leadership logo Leadership and Structure

Cion Investment Corporation is externally managed by CION Investment Management, LLC. The key leadership team includes Michael A. Reisner (Co-Chief Executive Officer), Mark Gatto (Co-Chief Executive Officer), and Gregg Landuyt (Chief Financial Officer).

Top Products and Market Share

overview logo Key Offerings

  • Senior Secured Loans: Provides financing to middle-market companies, typically in the form of senior secured loans, often as part of a broader financing arrangement. The competitors include other BDCs like Ares Capital (ARCC), Apollo Investment (AINV), and Golub Capital BDC (GBDC). Market share data is generally fragmented across various lenders.

Market Dynamics

industry overview logo Industry Overview

The direct lending market is competitive, characterized by numerous participants including BDCs, private credit funds, and banks. Middle-market lending is driven by factors like M&A activity, leveraged buyouts, and companies seeking growth capital.

Positioning

Cion is positioned as a provider of capital to middle-market companies, focusing on senior secured loans, aiming for a balance between income generation and capital preservation.

Total Addressable Market (TAM)

The TAM for middle-market lending is estimated to be in the hundreds of billions of dollars. Cion is positioned to capture a small percentage of this TAM, influenced by its investment strategy and capital base.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Focus on Senior Secured Debt
  • Established Platform

Weaknesses

  • External Management Structure
  • Dependence on Debt and Equity Markets
  • High Expense Ratio Compared to peers

Opportunities

  • Growing Demand for Private Credit
  • Expanding Investment Mandate
  • Strategic Acquisitions

Threats

  • Economic Downturn
  • Increased Competition
  • Rising Interest Rates

Competitors and Market Share

competitor logo Key Competitors

  • Ares Capital (ARCC)
  • Golub Capital BDC (GBDC)
  • Apollo Investment (AINV)
  • Main Street Capital (MAIN)

Competitive Landscape

Cion faces competition from larger, more established BDCs. Its competitive advantage lies in its niche focus and experienced management team. Disadvantages include smaller asset base and external management.

Growth Trajectory and Initiatives

Historical Growth: Historical growth trends should be updated with the latest available data. Provide figures from an authentic source.

Future Projections: Future projections are dependent on market conditions and Cion's investment strategy. Analyst estimates vary based on the specific source, but consensus projects should be updated with the latest available data. Provide figures from an authentic source.

Recent Initiatives: Recent strategic initiatives such as new investment strategies or partnerships should be highlighted.

Summary

Cion Investment Corp. is a specialty finance company focused on direct lending to middle-market companies. Strengths include their focus on senior secured debt and experienced management. Weaknesses include an external management structure and dependence on market conditions. The company needs to be cautious of economic downturns and increased competition while capitalizing on the growing demand for private credit.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Website
  • Financial News Sources
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Cion Investment Corp

Exchange NYSE
Headquaters New York, NY, United States
IPO Launch date 2021-10-05
Co-Founder, Co-Chairman & Co-CEO Mr. Michael A. Reisner Esq., J.D.
Sector Financial Services
Industry Asset Management
Full time employees -
Full time employees -

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 investments. 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.