Education
About Us
Working with TipRanks
Follow Us
CION Investment Corp (CION)
NYSE:CION
Earnings Data
Report Date
May 08, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.34Last Year’s EPS
0.12Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Mar 13, 2025
|% Change Since: -9.97%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced outlook with strong full-year performance and strategic portfolio management countered by challenges such as NAV decline and competitive market conditions. The company's proactive measures in share repurchases and maintaining a stable dividend distribution signal confidence, while the competitive and interest rate environment poses challenges.Company Guidance
During the CION Investment Corporation Q4 and Year-End 2024 Earnings Call, several key metrics and financial performance indicators were highlighted. The company reported a quarterly net investment income of $0.35 per share and $1.79 per share for the full year, surpassing total 2024 distributions of $1.52 per share. CION's net asset value (NAV) decreased from $15.73 in Q3 to $15.43 in Q4, driven by fair value marks in the equity portfolio and the year-end special dividend distribution. The weighted average yield on debt and other income-producing investments stood at 12.3%. Portfolio risk remained well-managed, with nonaccruals representing only 1.41% of the portfolio at fair value. The company continued its share repurchase program, buying back approximately 171,000 shares at an average price of $11.74. CION's leverage ratio increased slightly to 1.27x, with total assets reaching $1.9 billion. The first quarter 2025 base distribution was set at $0.36 per share. The company maintained a strong balance sheet, with over $1 billion in unencumbered assets and ample liquidity to support its investment pipeline.Strong Full-Year Performance
CION reported $0.35 in quarterly net investment income per share for Q4 and $1.79 per share for the full year, exceeding total 2024 distributions of $1.52 per share.
Proactive Portfolio Management
Successfully upgraded 6 loans and moved one significant loan, Homer City, back onto accrual status, representing a material amount of the quarterly increase in PIK income.
Active Share Repurchase Program
CION repurchased approximately 171,000 shares at an average price of $11.74 per share, highlighting the management's belief that shares are undervalued.
Healthy Investment Pipeline
Despite a competitive market, CION remains selective, focusing heavily on first lien investments with structured yield enhancements. The weighted average yield for total funded first lien debt investments was the equivalent of SOFR plus 7%.
Stable Dividend Distribution
Declared a Q1 base distribution of $0.36 per share, consistent with the fourth quarter distribution.
---
CION Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
CION Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 13, 2025 | $12.04 | $11.52 | -4.32% |
| Nov 07, 2024 | $11.46 | $11.04 | -3.66% |
| Aug 08, 2024 | $10.88 | $11.20 | +2.94% |
| May 09, 2024 | $10.64 | $10.79 | +1.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does CION Investment Corp (CION) report earnings?
CION Investment Corp (CION) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is CION Investment Corp (CION) earnings time?
CION Investment Corp (CION) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CION EPS forecast?
CION EPS forecast for the fiscal quarter 2025 (Q1) is 0.34.
---