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NYSE:CIT

CIT Group (CIT) Stock Price, News & Analysis

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About CIT Group Stock (NYSE:CIT)

Advanced Chart

Key Stats

Today's Range
$51.36
$54.33
50-Day Range
$46.31
$53.61
52-Week Range
$34.77
$56.62
Volume
32.81 million shs
Average Volume
778,897 shs
Market Capitalization
$5.31 billion
P/E Ratio
7.80
Dividend Yield
2.62%
Price Target
N/A
Consensus Rating
N/A

Company Overview

CIT Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
34th Percentile Overall Score

CIT MarketRank™: 

CIT Group scored higher than 34% of companies evaluated by MarketBeat, and ranked 742nd out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for CIT Group.

  • Earnings Growth

    Earnings for CIT Group are expected to decrease by -38.62% in the coming year, from $7.51 to $4.61 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CIT Group is 7.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.84.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CIT Group is 7.80, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.20.

  • Price to Book Value per Share Ratio

    CIT Group has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for CIT.
  • Dividend Yield

    CIT Group pays a meaningful dividend of 2.62%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    CIT Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of CIT Group is 20.41%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, CIT Group will have a dividend payout ratio of 30.37% next year. This indicates that CIT Group will be able to sustain or increase its dividend.

  • Read more about CIT Group's dividend.
  • Short Interest

    There is no current short interest data available for CIT.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for CIT Group this week, compared to 5 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, CIT Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.65% of the stock of CIT Group is held by insiders.

  • Percentage Held by Institutions

    91.20% of the stock of CIT Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CIT Group's insider trading history.
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CIT Stock News Headlines

The End of Elon Musk…?
The End of Elon Musk? Don't make him laugh. Jeff Brown has been hearing this same tired story for years, and he's been proven right time and time again. And now, while the media focuses on Tesla's "demise," he's uncovered an AI breakthrough that's about to make Elon's doubters eat their words yet again. According to his research, if you listen to the media and miss out on Elon's newest breakthrough, it's going to cost you the fortune of a lifetime.
CMG Welcomes David Schwartz, Area Sales Manager
See More Headlines

CIT Stock Analysis - Frequently Asked Questions

CIT Group Inc. (NYSE:CIT) released its earnings results on Monday, October, 25th. The financial services provider reported $1.72 EPS for the quarter, beating the consensus estimate of $1.33 by $0.39. The firm's quarterly revenue was down 8.9% compared to the same quarter last year.

The following companies are subsidiaries of CIT Group: OneWest Bank N.A, 1143986 Ontario Limited, 1244771 Ontario Limited, 3918041 Canada Inc., 544211 Alberta Ltd., 555565 Alberta Ltd., 555566 Alberta Ltd., and more.

Based on aggregate information from My MarketBeat watchlists, some other companies that CIT Group investors own include Meta Platforms (META), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Citigroup (C), Chevron (CVX), Delta Air Lines (DAL) and Boeing (BA).

Company Calendar

Last Earnings
10/25/2021
Today
7/12/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Finance
Industry
National Commercial Banks
Sub-Industry
Regional Banks
Current Symbol
NYSE:CIT
CIK
1171825
Employees
4,163
Year Founded
1908

Profitability

EPS (Trailing Twelve Months)
$6.86
Trailing P/E Ratio
7.80
Forward P/E Ratio
7.12
P/E Growth
N/A
Net Income
-$615.30 million
Net Margins
23.98%
Pretax Margin
32.41%
Return on Equity
15.12%
Return on Assets
1.47%

Debt

Debt-to-Equity Ratio
0.75
Current Ratio
0.93
Quick Ratio
0.93

Sales & Book Value

Annual Sales
$3.15 billion
Price / Sales
1.68
Cash Flow
$8.56 per share
Price / Cash Flow
6.25
Book Value
$52.75 per share
Price / Book
1.01

Miscellaneous

Outstanding Shares
99,170,000
Free Float
98,525,000
Market Cap
$5.31 billion
Optionable
Optionable
Beta
1.48

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This page (NYSE:CIT) was last updated on 7/12/2025 by MarketBeat.com Staff
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