Date | Price Target | Rating | Analyst |
---|---|---|---|
6/20/2023 | $11.50 | Market Perform | Hovde Group |
4/18/2023 | $10.50 → $9.25 | Overweight → Equal Weight | Wells Fargo |
7/25/2022 | $11.50 → $9.50 | Equal Weight → Overweight | Wells Fargo |
11/1/2021 | $12.50 | Equal-Weight | Wells Fargo |
Hovde Group initiated coverage of CION Investment with a rating of Market Perform and set a new price target of $11.50
Wells Fargo downgraded CION Investment from Overweight to Equal Weight and set a new price target of $9.25 from $10.50 previously
Wells Fargo upgraded CION Investment from Equal Weight to Overweight and set a new price target of $9.50 from $11.50 previously
8-K - CION Investment Corp (0001534254) (Filer)
40-17G - CION Investment Corp (0001534254) (Filer)
8-K - CION Investment Corp (0001534254) (Filer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
4 - CION Investment Corp (0001534254) (Issuer)
Disciplined Capital Deployment Contributes to Net Portfolio Growth CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the second quarter ended June 30, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on August 5, 2024, its co-chief executive officers declared a third quarter 2024 base distribution of $0.36 per share, payable on September 17, 2024 to shareholders of record as of September 3, 2024. SECOND QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended June 30, 2024 were $0.43 per share and $0.42 per share, respectively; Net a
Call Scheduled for 11:00 a.m. ET on Thursday, August 8, 2024 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the second quarter ended June 30, 2024 on Thursday, August 8, 2024, 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 approximately 10 minutes before start time. An accompanying slide presentation will be available in PDF format in the Investor Resources – Events and Presentations secti
Strong Operating Performance Drives Record Quarterly Net Investment Income and Increased Second Quarter 2024 Base Distribution to $0.36 per Share CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the first quarter ended March 31, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on May 6, 2024, its co-chief executive officers declared a second quarter 2024 base distribution of $0.36 per share, payable on June 17, 2024 to shareholders of record as of June 3, 2024, which is an increase of $0.02 per share, or 5.9%, from the $0.34 per share base distribution paid by the Company during
Distributions Declared in the First Half of 2024 Total $0.75 Per ShareCION Investment Corporation (NYSE:CION) ("CION") today announced that it has declared a mid-year supplemental distribution for the period ending June 30, 2024 in the amount of $0.05 per share, payable on July 12, 2024 to shareholders of record as of June 28, 2024.Michael A. Reisner, co-CEO of CION stated, "We are pleased to announce our mid-year supplemental distribution, based on the sustained performance of our conservatively positioned investment portfolio. We remain focused on generating attractive returns for CION shareholders and believe our recently increased quarterly base distribution in addition to our supplement
Wells Fargo analyst Finian O'Shea maintains CION Invt (NYSE:CION) with a Equal-Weight and raises the price target from $11.5 to $12.
CION Invt (NYSE:CION) reported quarterly earnings of $0.60 per share which beat the analyst consensus estimate of $0.41 by 46.34 percent. This is a 11.11 percent increase over earnings of $0.54 per share from the same period last year. The company reported quarterly sales of $73.554 million which beat the analyst consensus estimate of $57.234 million by 28.51 percent. This is a 13.20 percent increase over sales of $64.975 million the same period last year.
CION Investment Corporation (NYSE:CION) ("CION"), a leading publicly listed business development company focused on the U.S. middle market, is pleased to announce the appointment of Charlie Arestia as Managing Director and Head of Investor Relations. In this key role, Mr. Arestia will play a pivotal part in fostering and expanding relationships with CION's valued investors. Mr. Arestia will be based in New York and will work closely with CION's senior management and help coordinate all aspects of CION's investor relations activities. Mr. Arestia brings a wealth of experience in investor relations as well as a deep understanding of specialty finance and business development companies, havi
Invacare Corporation (NYSE:IVC) today announced the appointment of Aron I. Schwartz, age 51, to its Board of Directors, effective March 21, 2022. Mr. Schwartz currently serves as Managing Partner of ACON Investments, a private equity firm based in Washington, D.C. Mr. Schwartz has a wide range of financial experience in managing and overseeing companies across multiple industries, including companies undergoing strategic transformation. Mr. Schwartz was unanimously appointed by the current members of the Board and will serve on the company's Audit Committee and its Nominating and Governance Committee. His appointment brings the number of Invacare directors to a total of nine, eight of whom
Disciplined Capital Deployment Contributes to Net Portfolio Growth CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the second quarter ended June 30, 2024 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on August 5, 2024, its co-chief executive officers declared a third quarter 2024 base distribution of $0.36 per share, payable on September 17, 2024 to shareholders of record as of September 3, 2024. SECOND QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended June 30, 2024 were $0.43 per share and $0.42 per share, respectively; Net a
CION Investment Corporation (NYSE:CION) ("CION") announced today that it has amended and extended its $675 million senior secured credit facility with JPMorgan Chase Bank, National Association. Under the amendment, the credit spread on the floating interest rate payable on all borrowings was reduced from the three-month Secured Overnight Financing Rate ("SOFR") plus a credit spread of 3.20% per year to SOFR plus a credit spread of 2.55% per year. Also under the amendment, the reinvestment period was extended from July 15, 2024 to June 15, 2026 and the maturity date was extended from May 15, 2025 to June 15, 2027. CION incurred certain customary costs and expenses in connection with the
Call Scheduled for 11:00 a.m. ET on Thursday, August 8, 2024 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the second quarter ended June 30, 2024 on Thursday, August 8, 2024, 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 approximately 10 minutes before start time. An accompanying slide presentation will be available in PDF format in the Investor Resources – Events and Presentations secti