CION Investment's Q3 profit rises on higher investment income

CION Investment

06/11/2025 13:10

Overview

CION Q3 2025 EPS at $0.69, with NAV per share rising to $14.86

Company shifts to monthly base distributions starting January 2026

CION repurchased 330,324 shares at $9.86 average price in Q3

Outlook

CION to shift from quarterly to monthly distributions starting January 2026

Result Drivers

TRANSACTION ACTIVITY - Co attributes strong Q3 results to robust transaction activity, including new investments and repayments

HIGHER INTEREST INCOME - Increase in total investment income driven by higher interest income from investment restructurings and transaction fees

NON-ACCRUAL STATUS - Slight increase in investments on non-accrual status, now at 1.75% of total investment portfolio at fair value

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales & Repayments
$151 mln
Q3 EPS
$0.69
Q3 Investments Fair Value
$1.74 bln
Q3 Net Asset Value Per Share
$14.86
Q3 Operating Expenses
$40.14 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy."

Wall Street's median 12-month price target for Cion Investment Corp is $11.00, about 17.1% above its November 5 closing price of $9.12

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBw89VPQna

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)