CION Investment Corporation Common Stock (CION)

The forward annual dividend yields 12.26% per Friday’s closing price.

Insiders are buying these stocks and show high conviction in their value, but there is a risk with a dividend cut with one of them.

CION stock results show that CION Invt beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

CION stock results show that CION Invt beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

Although U.S. stocks closed mixed on Thursday, there were a few notable insider trades.

Gainers

  Companies Reporting Before The Bell • Despegar.com (NYSE:DESP) is expected to report quarterly loss at $0.08 per share on revenue of $110.93 million. • ProShares...

Companies Reporting Before The Bell • Pharming (NASDAQ:PHAR) is projected to report earnings for its fourth quarter.

U.S. stock futures traded mixed this morning on Thursday. Here are some big stocks recording losses in today’s pre-market trading session.

Upgrades

CION Investment (NYSE: CION) shares are trading higher after the company announced expansion of its share repurchase policy by 20% to up to $60 million.

What Defines a Value Stock? A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.