CION Investment (NYSE:CION) Upgraded to “Strong-Buy” at Zacks Research

Posted by Brenda Bartman on Jul 2nd, 2026

Zacks Research upgraded shares of CION Investment (NYSE:CION – Free Report) from a hold rating to a strong-buy rating in a report released on Tuesday,Zacks.com reports.

A number of other analysts also recently issued reports on CION. Wall Street Zen downgraded CION Investment from a “strong-buy” rating to a “hold” rating in a research note on Saturday, March 14th. Wells Fargo & Company dropped their price objective on shares of CION Investment from $7.00 to $6.50 and set an “underweight” rating for the company in a report on Monday, May 11th. Finally, Weiss Ratings upgraded shares of CION Investment from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $6.50.

View Our Latest Research Report on CION Investment

CION Investment Price Performance

CION opened at $6.51 on Tuesday. The firm has a market capitalization of $324.38 million, a price-to-earnings ratio of -162.83 and a beta of 1.10. The company’s 50 day simple moving average is $6.88 and its two-hundred day simple moving average is $7.90. CION Investment has a 1-year low of $5.97 and a 1-year high of $10.93.

CION Investment (NYSE:CION – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.02). CION Investment had a negative net margin of 0.41% and a positive return on equity of 11.96%. The company had revenue of $49.54 million during the quarter, compared to analysts’ expectations of $49.12 million. On average, equities analysts anticipate that CION Investment will post 1.05 earnings per share for the current fiscal year.

CION Investment Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a $0.10 dividend. This represents a c) annualized dividend and a dividend yield of 18.4%. The ex-dividend date of this dividend is Friday, September 11th. CION Investment’s dividend payout ratio is -3,000.00%.

Institutional Trading of CION Investment

Hedge funds and other institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets purchased a new stake in CION Investment in the 3rd quarter valued at about $37,000. Geneos Wealth Management Inc. boosted its stake in CION Investment by 21.7% during the second quarter. Geneos Wealth Management Inc. now owns 8,802 shares of the company’s stock worth $84,000 after buying an additional 1,571 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of CION Investment by 183.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 8,872 shares of the company’s stock valued at $86,000 after acquiring an additional 5,739 shares during the last quarter. Empowered Funds LLC purchased a new stake in shares of CION Investment in the 1st quarter valued at approximately $87,000. Finally, Diversify Advisory Services LLC purchased a new stake in shares of CION Investment in the 4th quarter valued at approximately $95,000. 32.01% of the stock is owned by institutional investors and hedge funds.

About CION Investment

(Get Free Report)

CION Investment Corporation is a closed‐end, non‐diversified management investment company organized as a business development company under the Investment Company Act of 1940. Externally managed by CION Investment Management, LLC, the firm specializes in providing flexible capital solutions to U.S. and Canadian middle‐market companies. By combining debt and equity financing, CION seeks to support growth, acquisitions, recapitalizations and other strategic initiatives for its portfolio companies.

The company’s investment strategy centers on senior secured loans, subordinated debt and private equity interests.