CIT Group Inc (DEL) (CIT): Price and Financial Metrics


CIT Group Inc (DEL) (CIT): $48.97

0.25 (+0.51%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

CIT POWR Grades


  • CIT scores best on the Value dimension, with a Value rank ahead of 76.77% of US stocks.
  • CIT's strongest trending metric is Stability; it's been moving up over the last 31 weeks.
  • CIT's current lowest rank is in the Sentiment metric (where it is better than 29.69% of US stocks).

CIT Stock Summary

  • CIT's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 91.44% of US stocks.
  • Over the past twelve months, CIT has reported earnings growth of -271.82%, putting it ahead of only 7.82% of US stocks in our set.
  • Cit Group Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 70.44%, greater than the shareholder yield of 97.24% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to Cit Group Inc, a group of peers worth examining would be UMPQ, GWB, FULT, WBS, and ZION.
  • CIT's SEC filings can be seen here. And to visit Cit Group Inc's official web site, go to www.cit.com.

CIT Valuation Summary

  • CIT's price/sales ratio is 2.1; this is 36.36% lower than that of the median Financial Services stock.
  • Over the past 141 months, CIT's price/earnings ratio has gone up 1470.3.
  • CIT's EV/EBIT ratio has moved down 738 over the prior 141 months.

Below are key valuation metrics over time for CIT.

Stock Date P/S P/B P/E EV/EBIT
CIT 2020-01-10 1.9 0.7 8.9 18.9
CIT 2016-04-04 2.4 0.6 6.0 29.2
CIT 2016-02-23 2.3 0.5 5.0 25.6
CIT 2012-09-26 6.5 1.0 -15.8 -68.0
CIT 2011-10-04 2.9 0.7 24.0 63.5
CIT 2011-07-11 3.5 0.9 18.7 51.8

CIT Growth Metrics

  • Its 4 year price growth rate is now at -50.17%.
  • Its 5 year net income to common stockholders growth rate is now at -120.29%.
  • The 2 year revenue growth rate now stands at -24.68%.
CIT's revenue has moved down $80,700,000 over the prior 34 months.

The table below shows CIT's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2021-03-31 2,312.9 1,099 282.7
2020-12-31 1,616.8 480.4 -646.4
2020-09-30 1,536.1 712.9 -521.7
2020-06-30 1,539.9 608 -461.8
2020-03-31 1,778.9 477.1 -236
2019-12-31 2,226.9 927.2 511

CIT Price Target

For more insight on analysts targets of CIT, see our CIT price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $55.00 Average Broker Recommendation 1.9 (Hold)

CIT Stock Price Chart Interactive Chart >

Price chart for CIT

CIT Price/Volume Stats

Current price $48.97 52-week high $55.89
Prev. close $48.72 52-week low $15.65
Day low $48.37 Volume 209,470
Day high $49.14 Avg. volume 889,018
50-day MA $50.95 Dividend yield 2.87%
200-day MA $44.36 Market Cap 4.85B

CIT Group Inc (DEL) (CIT) Company Bio


CIT Group provides financing, leasing and advisory services principally to middle market companies across more than 30 industries primarily in North America, and equipment financing and leasing solutions to the transportation sector. It also offers products and services to consumers through its Internet bank franchise and a network of retail branches in Southern California. The company was founded in 1908 and is based in Livingston, New Jersey.


CIT Latest News Stream


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Latest CIT News From Around the Web

Below are the latest news stories about Cit Group Inc that investors may wish to consider to help them evaluate CIT as an investment opportunity.

CIT Serves as Lead Arranger of $100 Million Financing for Cornerstone Healthcare Group

CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as lead arranger of $100 million in financing for Cornerstone Healthcare Group Holdings Inc. and their long-term acute care hospital division.

Yahoo | July 28, 2021

CIT Group (CIT) Beats on Q2 Earnings as Revenues Improve Y/Y

Higher revenues, decline in operating expenses and provision benefits support CIT Group's (CIT) Q2 earnings.

Yahoo | July 28, 2021

CIT Group Inc (DEL) – Consensus Indicates Potential 14.9% Upside

CIT Group Inc (DEL) found using ticker (CIT) now have 5 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 62 and 50 and has a mean target at 55. Given that the stocks previous close was at 47.85 this would indicate that there is a potential upside of 14.9%. There is a 50 day moving average of 50.53 and the 200 day MA is 48.99. The company has a market capitalisation of $4,787m. Find out more information at: /> [stock_market_widget type="chart" symbol="CIT" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. The company ope...

DirectorsTalk | July 27, 2021

CIT Group Inc. Q2 adjusted earnings Beat Estimates

(RTTNews) - Below are the earnings highlights for CIT Group Inc. (CIT): -Earnings: $214.6 million in Q2 vs. -$97.6 million in the same period last year. -EPS: $2.14 in Q2 vs. -$0.99 in the same period last year. -Excluding items, CIT Group Inc. reported adjusted earnings of $209.8 million or $2.09 per share for the period. -Analysts

Business Insider Markets | July 27, 2021

CIT Announces Second Quarter Financial Results

CIT Group Inc. (NYSE: CIT) today announced its second quarter 2021 financial results. View the full press release.

Yahoo | July 27, 2021

Read More 'CIT' Stories Here

CIT Price Returns

1-mo -4.39%
3-mo -6.80%
6-mo 35.79%
1-year 166.83%
3-year 4.71%
5-year 65.07%
YTD 39.57%
2020 -16.43%
2019 22.58%
2018 -21.01%
2017 17.36%
2016 9.52%

CIT Dividends

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