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Recent Analyst Ratings for $CION
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/17/2025 | $11.00 → $10.00 | Equal Weight → Underweight | Wells Fargo |
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 |
CION Investment Corporation Reports Fourth Quarter and Year End 2024 Financial Results
Continued Strong Performance in 2024 With $1.79 in Net Investment Income and $1.52 in Total Shareholder Distributions CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the fourth quarter and year ended December 31, 2024 and filed its Form 10-K with the U.S. Securities and Exchange Commission. CION also announced that, on March 10, 2025, its co-chief executive officers declared a first quarter 2025 base distribution of $0.36 per share payable on April 11, 2025 to shareholders of record as of March 28, 2025. FOURTH QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended December 31, 2024 were $0.
CION Investment Corporation Enters Into a New Three-Year $125 Million Loan Agreement With UBS
Provides Improved Economic Terms and More Constructive Operating Provisions CION Investment Corporation (NYSE:CION) ("CION") announced today that it has terminated its existing senior secured repurchase facility with UBS AG, London Branch ("UBS") and simultaneously entered into a new senior secured credit facility with UBS. Under the new $125 million senior secured credit facility, the credit spread on the floating interest rate payable by CION on all advances was reduced by 45 basis points, 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 2.75% per year. All outstanding advances must be repaid by the fin
CION Investment Corporation Schedules 2024 Fourth Quarter and Year-End Earnings Release and Conference Call
Call Scheduled for 11:00 a.m. ET on Thursday, March 13, 2025 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025, 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 section of CIO
CION Investment downgraded by Wells Fargo with a new price target
Wells Fargo downgraded CION Investment from Equal Weight to Underweight and set a new price target of $10.00 from $11.00 previously
Hovde Group initiated coverage on CION Investment with a new price target
Hovde Group initiated coverage of CION Investment with a rating of Market Perform and set a new price target of $11.50
CION Investment downgraded by Wells Fargo with a new price target
Wells Fargo downgraded CION Investment from Overweight to Equal Weight and set a new price target of $9.25 from $10.50 previously
Co-Chairman & Co-CEO Reisner Michael A bought $4,932 worth of shares (400 units at $12.33), increasing direct ownership by 0.91% to 44,560 units (SEC Form 4)
4 - CION Investment Corp (0001534254) (Issuer)
CCO & Secretary Roman Stephen bought $5,481 worth of shares (450 units at $12.18), increasing direct ownership by 5% to 10,278 units (SEC Form 4)
4 - CION Investment Corp (0001534254) (Issuer)
President & CIO Bresner Gregg A. bought $42,250 worth of shares (3,500 units at $12.07), increasing direct ownership by 5% to 57,599 units (SEC Form 4)
4 - CION Investment Corp (0001534254) (Issuer)
Co-Chairman & Co-CEO Reisner Michael A bought $4,932 worth of shares (400 units at $12.33), increasing direct ownership by 0.91% to 44,560 units (SEC Form 4)
4 - CION Investment Corp (0001534254) (Issuer)
CCO & Secretary Roman Stephen bought $5,481 worth of shares (450 units at $12.18), increasing direct ownership by 5% to 10,278 units (SEC Form 4)
4 - CION Investment Corp (0001534254) (Issuer)
President & CIO Bresner Gregg A. bought $42,250 worth of shares (3,500 units at $12.07), increasing direct ownership by 5% to 57,599 units (SEC Form 4)
4 - CION Investment Corp (0001534254) (Issuer)
CION Investment Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
8-K - CION Investment Corp (0001534254) (Filer)
CION Investment Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
8-K - CION Investment Corp (0001534254) (Filer)
SEC Form CERT filed by CION Investment Corporation
CERT - CION Investment Corp (0001534254) (Filer)
CION Investment Corporation Strengthens Leadership Team with the Appointment of Charlie Arestia as Managing Director and Head of Investor Relations
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 Appoints Aron I. Schwartz to Board of Directors
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
CION Investment Corporation Reports Fourth Quarter and Year End 2024 Financial Results
Continued Strong Performance in 2024 With $1.79 in Net Investment Income and $1.52 in Total Shareholder Distributions CION Investment Corporation (NYSE:CION) ("CION" or the "Company") today reported financial results for the fourth quarter and year ended December 31, 2024 and filed its Form 10-K with the U.S. Securities and Exchange Commission. CION also announced that, on March 10, 2025, its co-chief executive officers declared a first quarter 2025 base distribution of $0.36 per share payable on April 11, 2025 to shareholders of record as of March 28, 2025. FOURTH QUARTER AND OTHER HIGHLIGHTS Net investment income and earnings per share for the quarter ended December 31, 2024 were $0.
CION Investment Corporation Schedules 2024 Fourth Quarter and Year-End Earnings Release and Conference Call
Call Scheduled for 11:00 a.m. ET on Thursday, March 13, 2025 CION Investment Corporation (NYSE:CION) ("CION") announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025, 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 section of CIO
CION Investment Corporation Announces Year-End Special Distribution of $0.05 Per Share
Distributions Declared in 2024 Total $1.52 Per Share CION Investment Corporation (NYSE:CION) ("CION") today announced that it has declared a special distribution for the year ending December 31, 2024 in the amount of $0.05 per share, payable on January 27, 2025 to shareholders of record as of December 30, 2024, which results in total distributions declared in 2024 of $1.52 per share. The special distribution represents a portion of the Company's investment company taxable income generated through the course of the year. Michael A. Reisner, co-CEO of CION stated, "We are pleased to announce a year-end special dividend for 2024, driven by the consistent income generation of our portfolio.