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CIT Group Company Profile (NYSE:CIT)

Consensus Ratings for CIT Group (NYSE:CIT) (?)
Ratings Breakdown: 1 Sell Rating(s), 10 Hold Rating(s), 8 Buy Rating(s)
Consensus Rating:Hold (Score: 2.37)
Consensus Price Target: $44.25 (46.77% upside)

Analysts' Ratings History for CIT Group (NYSE:CIT)
Show:
DateFirmActionRatingPrice TargetActions
6/15/2016Deutsche BankReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/3/2016NomuraBoost Price TargetNeutral$33.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/29/2016Credit SuisseReiterated RatingHold$42.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/29/2016Bank of AmericaDowngradeNeutral -> UnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/4/2016MacquarieReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/4/2016OppenheimerReiterated RatingBuy$50.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/4/2016Morgan StanleyReiterated RatingOverweight$38.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/28/2016BMO Capital MarketsReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/28/2016Keefe, Bruyette & WoodsReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/28/2016Sterne Agee CRTDowngradeBuy -> Neutral$37.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/24/2016Drexel HamiltonReiterated RatingBuy$48.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/3/2016Goldman SachsLower Price TargetNeutral$47.00 -> $42.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/3/2016DA DavidsonLower Price TargetBuy$46.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/3/2016BarclaysLower Price TargetEqual Weight$47.00 -> $37.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/3/2016BTIG ResearchReiterated RatingBuy$52.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/3/2016Citigroup Inc.DowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/18/2015JMP SecuritiesInitiated CoverageOutperform$53.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/9/2015Stifel NicolausLower Price TargetBuy$52.00 -> $50.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/29/2015GuggenheimDowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/1/2014SunTrustBoost Price Target$45.00 -> $54.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/27/2014Boenning ScattergoodReiterated RatingOutperform$53.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/26/2014 forward)
Earnings History for CIT Group (NYSE:CIT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/26/2016        
4/28/2016Q116$0.76$0.75$618.75 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/2/2016Q415$0.83$0.72$601.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015Q315$0.75$0.26$521.05 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/28/2015Q215$0.66$0.66$435.57 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/28/2015Q115$0.78$0.59$456.74 million$423.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/27/2015Q414$0.95$1.37$453.20 million$306.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2014Q314$0.90$2.76$432.70 million$592.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/22/2014Q214$0.89$1.29$437.04 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/29/2014Q114$0.86$0.55$441.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/27/2014Q413$0.83$0.65$57.48 million$337.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/22/2013Q313$0.94$0.99$77.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/23/2013Q2 2013$0.90$0.91$83.47 million$351.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/23/2013Q1 2013$0.89$0.81$65.72 million$355.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/29/2013Q4 2012$0.68$1.03$0.40 million$357.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/23/2012($1.20)($1.52)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/30/2012($0.49)($0.35)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/24/2012($1.58)($2.22)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/31/2012($0.01)$0.17ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/25/2011($0.23)($0.08)ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/27/2011$0.19$0.33ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/15/2011$0.40$0.37ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for CIT Group (NYSE:CIT)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.80$0.87$0.83
Q2 20162$0.80$0.83$0.82
Q3 20162$0.83$0.88$0.86
Q4 20162$0.88$0.90$0.89
Q1 20171$0.92$0.92$0.92
Q2 20171$0.96$0.96$0.96
Q3 20171$1.03$1.03$1.03
Q4 20171$1.05$1.05$1.05
(Data provided by Zacks Investment Research)
Current Dividend Information for CIT Group (NYSE:CIT)
Annual Dividend:$0.00
Dividend Yield:0.00%
Payout Ratio:NaN
Dividend Growth:0.00% (3 Year Average)

Dividend History for CIT Group (NYSE:CIT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
4/19/2016quarterly$0.151.76%5/11/20165/13/20165/27/2016Tweet This Announcement  Share This Announcement on StockTwits
1/20/2016quarterly$0.151.94%2/10/20162/12/20162/26/2016Tweet This Announcement  Share This Announcement on StockTwits
10/21/2015quarterly$0.151.3%11/10/201511/13/201511/30/2015Tweet This Announcement  Share This Announcement on StockTwits
7/21/2015quarterly$0.151.24%8/12/20158/14/20158/28/2015Tweet This Announcement  Share This Announcement on StockTwits
4/21/2015quarterly$0.151.25%5/13/20155/15/20155/29/2015Tweet This Announcement  Share This Announcement on StockTwits
1/21/2015quarterly$0.151.33%2/11/20152/13/20152/27/2015Tweet This Announcement  Share This Announcement on StockTwits
10/15/2014quarterly$0.151.34%11/7/201411/12/201411/26/2014Tweet This Announcement  Share This Announcement on StockTwits
7/15/2014quarterly$0.151.36%8/13/20148/15/20148/29/2014Tweet This Announcement  Share This Announcement on StockTwits
4/17/2014quarterly$0.100.86%5/13/20145/15/20145/30/2014Tweet This Announcement  Share This Announcement on StockTwits
1/21/2014quarterly$0.100.8%2/12/20142/14/20142/28/2014Tweet This Announcement  Share This Announcement on StockTwits
10/21/2013quarterly$0.100.82%11/13/201311/15/201311/29/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for CIT Group (NYSE:CIT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
2/11/2016Steven T. MnuchinVice ChairmanBuy80,000$25.64$2,051,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/9/2016Steven T. MnuchinVice ChairmanBuy149,800$26.68$3,996,664.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/4/2016Alan L FrankDirectorBuy2,000$27.72$55,440.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/4/2016John A ThainCEOBuy50,000$27.31$1,365,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/4/2016Steven T MnuchinVice ChairmanBuy114,623$27.77$3,183,080.71View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/15/2014John ThainCEOBuy40,000$41.54$1,661,600.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
10/26/2012Michael J EmblerDirectorBuy1,500$37.60$56,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for CIT Group (NYSE:CIT)
DateHeadline
06/25/16 07:06 AMPrice Target Update on CIT Group Inc (DEL) (NYSE:CIT) - Trade Calls
06/24/16 04:26 AMWhat's Propelling CIT Group Inc. to Increase So Much? The Stock Gaps Up Today - Engelwood Daily
06/23/16 04:40 PMCIT Group Inc. (NYSE:CIT) Stock Momentum Hits Weakness - CML News
06/22/16 03:23 PMU.S. business borrowing for equipment falls in May: ELFA
06/17/16 11:09 AMCIT Expands Franchise Restaurant Financing to Cover All Sizes
06/16/16 08:33 PMStocks in Analyst's Eyes: Energy Recovery (NASDAQ:ERII), CIT Group Inc. (NYSE:CIT) - Beacon Chronicle
06/15/16 03:18 PMCIT Group Inc.: CIT Announces Expanded, Full-Market Coverage for Restaurant Franchise Finance - The Wall Street Transcript
06/15/16 07:39 AMCIT Announces Expanded, Full-Market Coverage for Restaurant Franchise Finance - [at noodls] - NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced the launch of a mid-cap restaurant franchise finance practice ...
06/14/16 03:08 PMAnalyst Price Target Update on CIT Group Inc (DEL) (NYSE:CIT) - TheFounders Daily
06/14/16 07:31 AMCIT : Bank Provides $100,000 Grant to COR Community Development Corporation
06/13/16 07:49 AMCIT Bank Provides $100,000 Grant to COR Community Development Corporation - [at noodls] - IRVINE, Calif.--(BUSINESS WIRE)--OneWest Bank, a division of CIT Bank, N.A. (Member FDIC, Equal Housing Lender), which offers products and services to consumers through a network of retail branches in ...
06/11/16 03:17 PMCIT Group Inc (DEL) (NYSE:CIT) Boasts Rating Of 2.1 - Stocks Daily
06/11/16 11:28 AMEconomy Watch: Uncertainty Ahead, Especially for CMBS
06/09/16 08:03 AMNew Strong Sell Stocks for June 9th -
06/08/16 11:47 AMStocks to Buy Now: Emerge Energy Services LP (NYSE:EMES), CIT Group Inc. (NYSE:CIT) - Beacon Chronicle
06/08/16 07:48 AMEmployment Growth Supports Commercial Real Estate Amid Regulatory Uncertainty - [at noodls] - NEW YORK--(BUSINESS WIRE)--A period with ample sources of capital, very low cap rates and high valuations has set the stage for commercial real estate in 2016, but the impact of coming regulations is yet ...
06/07/16 08:53 PMAnalyst Recommended These Stocks to Buy: CIT Group Inc. (NYSE:CIT), Rackspace Hosting, Inc. (NYSE:RAX) - Beacon Chronicle
06/06/16 03:04 PMNotable Two Stocks to Monitor: First Niagara Financial Group Inc. (NASDAQ:FNFG) , CIT Group Inc (DEL) (NYSE:CIT) - Street Updates
06/06/16 03:04 PMEarnings Analysis to Watch: CIT Group Inc. (NYSE:CIT), LifeLock, Inc. (NYSE:LOCK) - Beacon Chronicle
06/04/16 08:35 PMPerformance Review for CIT Group Inc. (NYSE:CIT) - HNN
06/03/16 03:23 PMCIT Group Inc (DEL) (NYSE:CIT) Stock Update & Estimates - Stock Tick Tock
06/03/16 10:40 AMCIT Group Inc (DEL) (NYSE:CIT): The Buzzing Stock - Stocks Daily
06/03/16 08:14 AMCitigroup CEO expects 25% drop in profits -
06/02/16 05:38 PMCIT Group Inc. -- Moody's upgrades CIT Group senior unsecured to Ba3, rates CIT Bank Baa3 -
06/02/16 12:02 PMSpears Abacus Advisors LLC Increased Cit Group INC (NYSE:CIT) by $3.98 Million as Shares Declined - CCH Daily News - Spears Abacus Advisors LLC Increased Cit Group INC (NYSE:CIT) by $3.98 Million as Shares DeclinedCCH Daily NewsSpears Abacus Advisors Llc increased its stake in Cit Group Inc (NYSE:CIT) by 18.4% based on its latest 2016Q1 regulatory filing with the SEC. Spears Abacus Advisors Llc bought 128,227 shares as the company's stock declined 21.52% while stock markets ...and more »
06/01/16 09:23 PMThe Street Sees Significant Upside to CIT Group Inc. (NYSE:CIT) - Stock Tick Tock - The Street Sees Significant Upside to CIT Group Inc. (NYSE:CIT)Stock Tick TockBrokerage firm analysts on Wall Street believe that shares of CIT Group Inc. (NYSE:CIT) have significant upside based on current levels. The average price target of all polled analysts stands at $41.82. Compared to the most recent bid of $33.89, this ...and more »
06/01/16 03:21 PMBuy, Sell Or Hold Rating For CIT Group Inc (DEL) (NYSE:CIT)? - Share Trading News - Buy, Sell Or Hold Rating For CIT Group Inc (DEL) (NYSE:CIT)?Share Trading News05/03/2016 – CIT Group Inc (DEL) had its “neutral” rating reiterated by analysts at Nomura. They now have a USD 33 price target on the stock. 04/29/2016 – CIT Group Inc (DEL) was downgraded to “underperform” by analysts at Bank of America Merrill Lynch.Were Analysts Bearish CIT Group Inc. (NYSE:CIT) This Week?HNNThe Street Sees Significant Upside to CIT Group Inc. (NYSE:CIT)Stock Tick TockCIT Group Inc. (NYSE:CIT) Earnings Preview: Should Investors Be Nervous?iStreetWireall 4 news articles »
06/01/16 03:21 PMTwo Stocks within Analysts Review: Brixmor Property Group Inc. (NYSE:BRX) , CIT Group Inc (DEL) (NYSE:CIT) - Street Updates - Two Stocks within Analysts Review: Brixmor Property Group Inc. (NYSE:BRX) , CIT Group Inc (DEL) (NYSE:CIT)Street UpdatesCIT Group Inc (DEL) (NYSE:CIT) after beginning at $34.16, closed at $34.26 by building up +0.94% in recent trading session. Most recent session's volume of 2.71 million shares greater than its average volume of 2.55 million shares. The company has ...and more »
06/01/16 11:50 AMCIT Group Inc. (NYSE:CIT) Earnings Preview: Should Investors Be Nervous? - iStreetWire - CIT Group Inc. (NYSE:CIT) Earnings Preview: Should Investors Be Nervous?iStreetWireCIT Group Inc. (CIT) added 0.94% to reach at the floor price of $34.26 as the company is set to share its next quarterly earnings on July 19, 2016. CIT stock trades between $34 and $34.49 before the earnings release. Let's take a closer look at the ...
06/01/16 11:50 AMEarnings Trend of the Stock: CIT Group Inc. (NYSE:CIT), Digital Realty Trust Inc. (NYSE:DLR) - Beacon Chronicle - Beacon ChronicleEarnings Trend of the Stock: CIT Group Inc. (NYSE:CIT), Digital Realty Trust Inc. (NYSE:DLR)Beacon ChronicleCIT Group Inc. (NYSE:CIT) currently has High Price Target of $60. The Low and Mean Price Targets are $33 and $41.82 respectively. These price targets are a consensus analysis of 17 brokers. When having a look at Recommendation Trends of the stock ...and more »
05/31/16 03:17 PMCIT Group Inc (DEL) (NYSE:CIT) Quarterly EPS Estimate At $0.80 - Investor Newswire - CIT Group Inc (DEL) (NYSE:CIT) Quarterly EPS Estimate At $0.80Investor NewswireFirst Call stated that CIT Group Inc (DEL) (NYSE:CIT) can touch $41.82 in coming one year. For the next quarter, the per-share earnings target is $0.80 and for ongoing fiscal at $3.15. EPS target for next year is $3.75 versus the mean EPS of $5.70 last ...and more »
05/31/16 07:35 AMFin Stocks in Focus: Santander Consumer USA Holdings Inc (NYSE:SC), CIT Group Inc. (NYSE:CIT) - share market updates (press release) - share market updates (press release)Fin Stocks in Focus: Santander Consumer USA Holdings Inc (NYSE:SC), CIT Group Inc. (NYSE:CIT)share market updates (press release)Shares of Santander Consumer USA Holdings Inc (NYSE:SC) ended Friday session in red amid volatile trading. The shares closed down -0.02 points or -0.16% at $12.59 with 1,025,744 shares getting traded. Post opening the session at $12.65, the shares hit ...and more »
05/31/16 07:35 AMTraders Observable Stocks: New Residential Investment Corp. (NYSE:NRZ) , CIT Group Inc (NYSE:CIT) - Street Updates - Traders Observable Stocks: New Residential Investment Corp. (NYSE:NRZ) , CIT Group Inc (NYSE:CIT)Street UpdatesCIT Group Inc (NYSE:CIT) moved in green zone with rise of +0.36 points or +1.07% to $33.94. The company has a market worth of $6.85B.Total 1.02 million shares were exchanged in last trading session as opposed to average volume of 2.58 million shares.and more »
05/30/16 08:33 PMPerformance at a Glance on CIT Group Inc. (NYSE:CIT) - HNN - Performance at a Glance on CIT Group Inc. (NYSE:CIT)HNNWhen speculating how a given stock will perform in the future, it is important to look at how it has performed in the past. Today we will examine how CIT Group Inc. (NYSE:CIT)'s stock has performed at various points in its past. Currently, the stock ...and more »
05/30/16 08:33 PMNext Weeks Broker Price Targets For CIT Group Inc (DEL) (NYSE:CIT) - Share Trading News - Next Weeks Broker Price Targets For CIT Group Inc (DEL) (NYSE:CIT)Share Trading News05/03/2016 – CIT Group Inc (DEL) had its “neutral” rating reiterated by analysts at Nomura. They now have a USD 33 price target on the stock. 04/29/2016 – CIT Group Inc (DEL) was downgraded to “underperform” by analysts at Bank of America Merrill Lynch.and more »
05/30/16 03:43 AMChinese, Japanese Interested In CIT Group's Aircraft Leasing Arm: Reuters -
05/26/16 10:03 AMInsiders Are Gradually Buying CIT Group Inc. (NYSE:CIT) - Wall Street Hints and News - Insiders Are Gradually Buying CIT Group Inc. (NYSE:CIT)Wall Street Hints and NewsAccording to the latest SEC filings, insiders at CIT Group Inc. (NYSE:CIT) have increased their position in the stock by 42.26% over the past 6 months. Insiders now own 0.70% of total outstanding shares. There are both legal and illegal types of ...and more »
05/26/16 10:03 AMStock Rating Review for CIT Group Inc (DEL) (NYSE:CIT) - Wall Street Hints and News - Stock Rating Review for CIT Group Inc (DEL) (NYSE:CIT)Wall Street Hints and NewsInvestors may choose to follow the views of professional Wall Street analysts that regularly track the company. Covering equity analysts presently have a consensus stock rating of 2 on shares of CIT Group Inc (DEL) (NYSE:CIT). Covering analysts will ...and more »
05/26/16 10:03 AMEarnings Review and Stock Rundown for CIT Group Inc (DEL) (NYSE:CIT) - Wall Street Hints and News - Earnings Review and Stock Rundown for CIT Group Inc (DEL) (NYSE:CIT)Wall Street Hints and NewsInvestors and analysts will be paying close attention when the company posts earnings results. Earnings numbers can provide insight into a company's overall profitability. Covering equity analysts are expecting CIT Group Inc (DEL) (NYSE:CIT) to post ...and more »
05/26/16 08:47 AMCIT Aerospace Delivers One Boeing 737-800 to Sun Country Airlines - [at noodls] - NEW YORK - CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, has delivereda Boeing 737-800to Sun Country Airlines, a U.S. airline based at Minneapolis-Saint ...
05/26/16 07:37 AMCIT Provides $35 Million Financing for the Bascom Group and Oaktree - [at noodls] - NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Real Estate Finance provided a $35 million senior ...
05/25/16 10:46 AMCIT Aerospace Delivers One Airbus A321-200 to Beijing Capital Airlines - [at noodls] - NEW YORK - CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, has delivereda new Airbus A321-200to Beijing Capital Airlines, a Chinese airline ...
05/25/16 07:17 AMCIT Group, Inc. breached its 50 day moving average in a Bullish Manner : CIT-US : May 25, 2016 -
05/24/16 04:00 PMSingapore’s Second-Largest Developer Sees Cheaper Deals -
05/24/16 04:00 PMSingapore’s Second-Largest Developer Sees Cheaper Office Deals -
05/20/16 02:53 PMCIT Aerospace Signs 22 Agreements Related to the Lease of Commercial Aircraft and Delivers 16 Aircraft in Q1 2016 - [at noodls] - NEW YORK - CIT Group Inc. (NYSE: CIT) cit.com, today announced that CIT Aerospace, a global leader in aircraft finance, signed a total of 22 agreements in the first quarter of 2016 for the current and ...
05/19/16 04:58 PM[$$] Blue Wolf Buys National Home Health Care -
05/19/16 07:52 AMCIT Serves as Joint Lead Arranger in $65 Million Financing of Blue Wolf Capital Partners’ Acquisition of National Home Health Care - [at noodls] - NEW YORK--(BUSINESS WIRE)--CIT Group Inc. (NYSE:CIT), cit.com, a leading provider of commercial lending and leasing services, today announced that CIT Healthcare Finance served as Joint Lead Arranger and ...
05/18/16 07:30 AMPrivate Equity Finds Opportunities in Healthcare as Affordable Care Act Drives Fee for Value Model - [Business Wire] - The outlook for the healthcare industry remains challenging thanks in part to uncertainty over the upcoming presidential election and the continued changes ushered in by the Affordable Care Act .
05/17/16 03:29 PMCIT GROUP INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year -
About CIT Group

CIT Group logoCIT Group Inc. (CIT) is a bank holding company. The Company, together with its subsidiaries, provides financing, leasing and advisory services to middle market companies in a range of industries in North America, and equipment financing and leasing solutions to the transportation industry around the world. The Company's segments include North America Banking (NAB), including Commercial Real Estate, Commercial Banking and Consumer Banking divisions; Transportation & International Finance (TIF), including Aerospace, Rail, Maritime Finance and International Finance divisions, and Legacy Consumer Mortgages (LCM), which includes single-family residential mortgage (SFR) loans and reverse mortgage loans. CIT products and services include account receivables collection; equipment leases; acquisition and expansion financing; factoring services; financial risk management; asset management and servicing; asset-based loans; insurance services; credit protection; debt restructuring, and deposits.

Industry, Sector and Symbol:
  • Sector: Finanical Services
  • Industry: Credit Services
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: CIT
  • CUSIP: 12558180
Key Metrics:
  • Previous Close: $30.15
  • 50 Day Moving Average: $32.58
  • 200 Day Moving Average: $33.15
  • P/E Ratio: 5.29
  • P/E Growth: -0.80
  • Market Cap: $6.08B
  • Current Quarter EPS Consensus Estimate: $3.15 EPS
Additional Links:
CIT Group (NYSE:CIT) Chart for Sunday, June, 26, 2016


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