Compare · CION vs MAIN
CION vs MAIN
Side-by-side comparison of CION Investment Corporation (CION) and Main Street Capital Corporation (MAIN): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both CION and MAIN operate in Finance/Investors Services (Finance), so they compete in similar markets.
- MAIN is the larger of the two at $4.97B, about 16.8x CION ($296.7M).
- Over the past year, CION is down 40.8% and MAIN is down 18.9% - MAIN leads by 21.9 points.
- MAIN has been more active in the news (10 items in the past 4 weeks vs 3 for CION).
- MAIN has more recent analyst coverage (12 ratings vs 5 for CION).
- Company
- CION Investment Corporation
- Main Street Capital Corporation
- Price
- $5.96+0.17%
- $53.37+0.35%
- Market cap
- $296.7M
- $4.97B
- 1M return
- -1.24%
- +7.07%
- 1Y return
- -40.83%
- -18.91%
- Industry
- Finance/Investors Services
- Finance/Investors Services
- Exchange
- NYSE
- NYSE
- IPO
- 2021
- 2007
- News (4w)
- 3
- 10
- Recent ratings
- 5
- 12
CION Investment Corporation
CION Investment Corporation is a business development company specializing in investments in senior secured loans, including unitranche loans, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. The fund also invests up to 30 percent of their assets opportunistically in other types of investments, including the securities of larger public companies and foreign securities. It also makes investments in the secondary loan market. The fund does not invest in start-up companies, turnaround situations, or companies with speculative business plans. The fund prefer to invest in high tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastic, rubber, telecommunication, consumer services, advertising, printing and publishing, consumer goods, durables, diversified financials, and other industries. It also invest in homebuilding, restaurants, beverage and tobacco bars, broadcasting, distributors, Non-durable good distribution, food beverage and tobacco, energy, oil gas and consumables fuels, insurance, aerospace and defense, industrial machinery, paper and forest product machinery, information technology, metals and mining, and real estate. It primarily seeks to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA of $50 million or less. It also purchases minority interests in the form of common or preferred equity in the target companies, typically in conjunction with its debt investments or through a co-investment with a financial sponsor. The fund seeks to exit its investments through an initial public offering of common stock, a merger, a sale, or other recapitalization.
Main Street Capital Corporation
Main Street Capital Corporation is a private equity firm specializes in equity capital to lower middle market companies. The firm also provides debt capital to middle market companies for acquisitions, management buyouts, growth financings, recapitalizations and refinancing. The firm seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market portfolio. The firm typically invests in lower middle market companies generally with annual revenues between $10 million and $150 million. The firm's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. It makes majority and minority equity investments. Main Street Capital Corporation was founded in 2007 and is based in Houston, Texas.
Latest CION
- 95% of Advisors Surveyed Are Now Using Alternative Investments in Client Portfolios, While Liquidity Concerns Remain a Top Barrier to Broader Implementation
- Bulldog Investors Calls on CION Investment Corporation to Expand Its Share Repurchase Program
- CION Investment Corporation Schedules 2026 Second Quarter Earnings Release and Conference Call
- CION Investment Corporation Reports First Quarter 2026 Financial Results
- CION Investment Corporation Schedules 2026 First Quarter Earnings Release and Conference Call
- CION Investment Corporation Reports Fourth Quarter and Year End 2025 Financial Results
- CION Investment Corporation Announces Pricing of Public Offering of Unsecured Notes Due 2031
- CION Investment Corporation Schedules 2025 Fourth Quarter and Year-End Earnings Release and Conference Call
- CION Investment Corporation Declares Base Distributions Totaling $0.30 Per Share for Q1 2026
- CION Investment Corporation Announces the Issuance of $172.5 Million Senior Unsecured Notes
Latest MAIN
- MSC Income Fund Announces Second Quarter 2026 Earnings Release and Conference Call Schedule
- Main Street Capital Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- Main Street Announces Preliminary Estimate of Second Quarter 2026 Operating Results
- Main Street Capital Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- MSC Income Fund Announces Second Quarter 2026 Private Loan Portfolio Activity
- Main Street Announces Second Quarter 2026 Private Loan Portfolio Activity
- EVP, GC, SECRETARY Beauvais Jason B sold $353,316 worth of shares (6,830 units at $51.73), decreasing direct ownership by 3% to 196,185 units (SEC Form 4)
- Main Street Capital Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Other Events, Financial Statements and Exhibits
- MSC Income Fund Announces CEO Succession Plan
- Main Street Announces Amendment of its Corporate Credit Facility