CION Investment's Q3 profit rises on higher investment income

Reuters
Nov 06, 2025
CION Investment's Q3 profit rises on higher investment income

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.)

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