arBtrage CAPITALIZING MARKETS — checking… Sign in Sign up
Calendar /

CION Investment Corporation

CION Finance Finance/Investors Services
$6.55
▲ +3.0% Today
as of Oct 22, 16:47 ET
Last 30 days -7.88% Sep 14 → Oct 22
$6.23 $6.51 $6.79 $7.06 $7.34 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$6.26
High
$6.56
Low
$6.28
Volume
$408,417
Avg Vol
$491,993
Mkt Cap
$339M
P/E (TTM)
—
Beta
—
52w High
$10.40
52w Low
$5.83
Div Yield
—
Shares Out
$49M

Recent Press Releases & News last 60 days · 3 items

Oct 1 · 12:00 PR Business Wire
CION Investment Corporation Schedules 2026 Third Quarter Earnings Release and Conference Call
Sep 29 · 21:44 MT Newswires
CION Investment Completes Debt Repayments, Forms Senior Loan Joint Venture
Sep 29 · 20:30 PR Business Wire
CION Investment Corporation Announces the Repayment of Certain Outstanding Debt and the Closing of a Strategic Joint Venture Transaction

CION earnings at a glance

CION Investment Corporation (CION) is scheduled to report earnings on Thursday, November 5, 2026 before the market opens — in 13 days. Analysts expect earnings per share of $0.28, compared with $0.74 in the same quarter last year (-62%). The options market is pricing a move of about ±26.6% after the report, a range of roughly $4.81 to $8.29 from today's $6.55. Over its last 5 reports the stock rose the next day 2 times and fell 3, moving ±8.6% on average; after the most recent report on Aug 6, 2026 it moved +16.9%. That means options currently expect more movement than CION has typically delivered. CION beat the consensus EPS estimate in 2 of its last 6 reported quarters. Implied volatility is currently 225%. The share price of $6.55 sits near its 52-week low.

More Finance stocks · All stocks · Earnings calendar

Overview

52-week range
$5.83
$10
16% of range
Avg surprise (last 6)
+15.4%
Avg reaction (last 5)
+1.0%
40% positive
Latest IV / EM
225%
EM ±26.6% · $8 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$0.25$0.37$0.49$0.62$0.74 Actual $0.36Est $0.37Actual $0.32Est $0.34Actual $0.74Est $0.35Actual $0.35Est $0.39Actual $0.25Est $0.27Actual $0.29Est $0.27 Mar/2025Jun/2025Sep/20258KMar/2026Jun/2026
Revenue vs Net Income Revenue Net income
$-43M$-24M$-5M$14M$33M Mar 25Jun 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Thu Aug 6, 2026Jun/2026 $0.29 $0.27 +7.4% -15.6% +16.9% earnings
Thu May 7, 2026Mar/2026 $0.25 $0.27 -7.4% -30.6% -5.3% earnings
Thu Mar 12, 20268K 2026-03-12 $0.35 $0.39 -10.3% — -9.9% earnings
Thu Nov 6, 2025Sep/2025 $0.74 $0.35 +111.4% — +7.0% earnings
Thu Aug 7, 2025Jun/2025 $0.32 $0.34 -5.9% — — earnings
Thu May 8, 2025Mar/2025 $0.36 $0.37 -2.7% — -3.8% earnings

Upcoming

DateFiscalTimeEPS EstLY EPSYoY %Δ
Thu Nov 5, 2026Sep/2026BMO $0.28$0.74 -62.2%

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue————————
Cost of revenue————————
Gross profit————————
Operating income————————
Net income$31M$-23M——$27M$-43M——
EPS (diluted)————————

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$8M$9M$8M$4M$7M$8M$8M$30M
Inventory————————
Total current assets————————
Total assets$1.85B$1.84B$1.85B$1.88B$1.88B$1.90B$1.95B$1.92B
Long-term debt$1.16B$1.16B$1.13B$1.08B$1.10B$1.10B$1.10B$1.05B
Total liabilities$1.18B$1.18B$1.15B$1.11B$1.12B$1.14B$1.12B$1.08B
Total equity$668M$660M$708M$773M$759M$757M$821M$839M

Implied volatility — last 90 days

26%236%447%658%869% Jun 07 — IV 247% · EM ±34.2%Jun 08 — IV 281% · EM ±37.1%Jun 09 — IV 217% · EM ±27.2%Jun 10 — IV 218% · EM ±25.8%Jun 11 — IV 233% · EM ±25.7%Jun 12 — IV 273% · EM ±27.9%Jun 15 — IV 501% · EM ±36.3%Jun 16 — IV 453% · EM ±26.7%Jun 17 — IV 604% · EM ±25.2%Jun 19 — IV 131% · EM ±29.0%Jun 22 — IV 182% · EM ±37.9%Jun 23 — IV 203% · EM ±41.5%Jun 24 — IV 199% · EM ±39.9%Jun 25 — IV 132% · EM ±25.8%Jun 26 — IV 188% · EM ±35.9%Jun 29 — IV 257% · EM ±45.5%Jun 30 — IV 228% · EM ±39.3%Jul 01 — IV 221% · EM ±36.9%Jul 02 — IV 232% · EM ±37.6%Jul 03 — IV 240% · EM ±37.6%Jul 06 — IV 393% · EM ±54.4%Jul 07 — IV 285% · EM ±37.7%Jul 08 — IV 321% · EM ±40.2%Jul 09 — IV 352% · EM ±41.6%Jul 10 — IV 330% · EM ±36.5%Jul 13 — IV 448% · EM ±37.4%Jul 14 — IV 506% · EM ±36.6%Jul 15 — IV 590% · EM ±34.8%Jul 16 — IV 870% · EM ±36.3%Jul 20 — IV 126% · EM ±29.8%Jul 21 — IV 139% · EM ±32.4%Jul 22 — IV 141% · EM ±32.3%Jul 23 — IV 135% · EM ±30.3%Jul 24 — IV 126% · EM ±27.9%Jul 27 — IV 148% · EM ±30.9%Jul 28 — IV 195% · EM ±39.9%Jul 31 — IV 167% · EM ±31.9%Aug 03 — IV 239% · EM ±42.4%Aug 04 — IV 298% · EM ±51.3%Aug 05 — IV 255% · EM ±42.5%Aug 13 — IV 39% · EM ±4.6%Aug 17 — IV 191% · EM ±15.9%Aug 24 — IV 34% · EM ±7.1%Aug 25 — IV 26% · EM ±5.3%Aug 26 — IV 36% · EM ±7.2%Aug 27 — IV 34% · EM ±6.7%Aug 28 — IV 30% · EM ±5.8%Aug 31 — IV 28% · EM ±5.0%Sep 01 — IV 29% · EM ±5.1%Sep 02 — IV 28% · EM ±4.7%Sep 03 — IV 46% · EM ±7.5%Sep 04 — IV 48% · EM ±7.4%Sep 07 — IV 54% · EM ±7.5%Sep 08 — IV 78% · EM ±10.3%Sep 09 — IV 94% · EM ±11.7%Sep 10 — IV 88% · EM ±10.4%Sep 11 — IV 82% · EM ±9.1%Sep 14 — IV 126% · EM ±10.5%Sep 15 — IV 156% · EM ±11.3%Sep 16 — IV 429% · EM ±25.3%Sep 21 — IV 107% · EM ±22.3%Sep 22 — IV 109% · EM ±22.2%Sep 23 — IV 45% · EM ±9.1%Sep 24 — IV 50% · EM ±9.8%Sep 25 — IV 124% · EM ±23.7%Sep 28 — IV 100% · EM ±17.7%Sep 29 — IV 126% · EM ±21.6%Sep 30 — IV 68% · EM ±11.4%Oct 01 — IV 151% · EM ±24.5%Oct 02 — IV 151% · EM ±23.6%Oct 06 — IV 207% · EM ±27.3%Oct 07 — IV 226% · EM ±28.3%Oct 08 — IV 225% · EM ±26.6%

Sector peers

TCPC
BlackRock TCP Capital Corp.
$331M $4.11+0.5%
SCM
Stellus Capital Investment Corporation
$213M $6.79-0.6%
EIC
Eagle Point Income Company
$82M $8.84-0.8%
OFS
OFS Capital Corporation
$55M $3.92-1.8%
SLRC
SLR Investment Corp.
$623M $11.26+1.3%
NMFC
New Mountain Finance Corporation
$637M $6.72+2.3%

CION earnings FAQ

When is CION's next earnings date?

CION Investment Corporation is expected to report on November 5, 2026, before the market opens.

What is CION's expected move for earnings?

Options currently price a move of about ±26.6%, or $1.74 per share either way from $6.55.

How does CION stock usually react to earnings?

Across the last 5 reports the average next-day move was ±8.6%, up 2 times and down 3 times.

What EPS are analysts expecting from CION Investment Corporation?

The consensus estimate is $0.28 per share, versus $0.74 a year ago.

What is CION's implied volatility?

CION's at-the-money implied volatility is about 225% based on the latest options snapshot.

View on Nasdaq ↗
🔒 Preview mode. Create a free account to unlock the full earnings calendar, all panels, heatmaps, options flow, and screener.
Sign up free → Sign in