CIT Group Inc (CIT) Stock Price & Overview

NYSE:CIT

53.5
+2.16 (+4.21%)
At close: Jan 3, 2022
53.82
+0.32 (+0.6%)
After Hours: 1/3/2022, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

The current stock price of CIT is 53.5 null. Today CIT is up by 4.21%. In the past month the price increased by 12.04%. In the past year, price increased by 36.72%.

CIT Key Statistics

52-Week Range35.56 - 56.615
Current CIT stock price positioned within its 52-week range.
1-Month Range45.95 - 54.325
Current CIT stock price positioned within its 1-month range.
Market Cap
5.276B
P/E
8.51
Fwd P/E
11.72
EPS (TTM)
6.29
Dividend Yield
2.73%

CIT Stock Performance

Today
+4.21%
1 Week
+0.34%
1 Month
+12.04%
3 Months
+0.91%
Longer-term
6 Months +11.07%
1 Year +36.72%
2 Years N/A
3 Years N/A
5 Years N/A
10 Years N/A

CIT Stock Chart

CIT Group Inc / CIT Daily stock chart

CIT Technical Analysis

ChartMill assigns a technical rating of 5 / 10 to CIT. When comparing the yearly performance of all stocks, CIT is one of the better performing stocks in the market, outperforming 84.16% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating
CIT Full Technical Analysis Report

CIT Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to CIT. There are concerns on the financial health of CIT while its profitability can be described as average.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend
CIT Full Fundamental Analysis Report

CIT Earnings

Next Earnings DateFeb 1, 2022
Last Earnings DateN/A
PeriodQ3 / 2021
EPS Reported$1.72
Revenue Reported
EPS Surprise 57.20%
Revenue Surprise 25.60%
CIT Earnings History

CIT Forecast & Estimates

11 analysts have analysed CIT and the average price target is 53.65 null. This implies a price increase of 0.28% is expected in the next year compared to the current price of 53.5.

For the next year, analysts expect an EPS growth of 359.06% and a revenue growth 4.36% for CIT


Analysts
Analysts49.09
Price Target53.65 (0.28%)
EPS Next Y359.06%
Revenue Next Year4.36%
CIT Forecast & Estimates

CIT Groups

Sector & Classification

Sub-Industry
Regional Banks
Index Membership

CIT Financial Highlights

Over the last trailing twelve months CIT reported a non-GAAP Earnings per Share(EPS) of 6.29. The EPS increased by 455.37% compared to the year before.


Income Statements
Revenue(TTM)2.51B
Net Income(TTM)714.80M
Industry RankSector Rank
PM (TTM) 28.46%
ROA 1.31%
ROE 11.58%
Debt/Equity 0.69
Chartmill High Growth Momentum
EPS Q2Q%104.76%
Sales Q2Q%-6.18%
EPS 1Y (TTM)455.37%
Revenue 1Y (TTM)6.45%
CIT financials

CIT Ownership

Ownership
Inst Owners0%
Shares98.61M
Float97.78M
Ins Owners2.6%
Short Float %N/A
Short RatioN/A
CIT Ownership

CIT Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
SymbolCompany NameTechnical RatingFundamental RatingFPEMarket Cap
TFC TRUIST FINANCIAL CORP9.857.025B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP15.4550.988B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP1446.523B
HBANZ HUNTINGTON BANCSHARES - HBAN 5 1/2 PERP13.0843.135B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP10.7535.745B
BBT BEACON FINANCIAL CORP7.8535.689B
HBAN HUNTINGTON BANCSHARES INC9.5631.746B
MTB M & T BANK CORP10.4830.278B
CFG CITIZENS FINANCIAL GROUP1124.866B
RF REGIONS FINANCIAL CORP9.4522.75B
EWBC EAST WEST BANCORP INC10.114.545B
VLYPN VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP20.3714.419B
VLYPO VALLEY NATIONAL BANCORP - VLY 7.52519 PERP19.6614.008B

Related stock screener links

View all stocks in the Regional Banks Industry | View all stocks in the Financials Sector | View all stocks on the New York Stock Exchange Exchange | Find stocks with similar TA and Setup ratings on the USA exchanges | Find stocks with similar Fundamental rating on the USA exchanges | Find the competitors with the best technical ratings on the USA exchanges | Find the competitors with the best fundamentals on the USA exchanges | Find the competitors with the best valuation on the USA exchanges | Find the competitors with the best dividend on the USA exchanges | Find the competitors with the best analyst ratings on the USA exchanges

About CIT

Company Profile

CIT logo image CIT Group, Inc. is a financial holding company, which provides financing, leasing and advisory services. The company is headquartered in Livingston, New Jersey and currently employs 4,085 full-time employees. The company went IPO on 2002-07-01. The firm provides financing, leasing and advisory services, principally to middle-market companies in a range of industries, primarily in North America. The company also provides banking and related services to commercial and individual customers through its banking subsidiary, CIT Bank, N.A. (the Bank), which includes a regional branch network of approximately 80 branches and its online bank. The firm operates through two segments: Commercial Banking and Consumer Banking. Commercial Banking segment is comprised of four divisions, commercial finance, rail, real estate finance and business capital. Consumer Banking segment includes the consumer and community banking and legacy consumer mortgages (LCM) divisions. Retail banking, consumer lending, community development lending and Small Business Administration (SBA) lending are offerings within consumer and community banking.

Company Info

IPO: 2002-07-01

CIT Group Inc

1 Cit Dr

Livingston NEW JERSEY 10036 US

CEO: Ellen R. Alemany

Employees: 4085

CIT Company Website

Phone: 19737405000.0

CIT Group Inc / CIT FAQ

What does CIT Group Inc do?

CIT Group, Inc. is a financial holding company, which provides financing, leasing and advisory services. The company is headquartered in Livingston, New Jersey and currently employs 4,085 full-time employees. The company went IPO on 2002-07-01. The firm provides financing, leasing and advisory services, principally to middle-market companies in a range of industries, primarily in North America. The company also provides banking and related services to commercial and individual customers through its banking subsidiary, CIT Bank, N.A. (the Bank), which includes a regional branch network of approximately 80 branches and its online bank. The firm operates through two segments: Commercial Banking and Consumer Banking. Commercial Banking segment is comprised of four divisions, commercial finance, rail, real estate finance and business capital. Consumer Banking segment includes the consumer and community banking and legacy consumer mortgages (LCM) divisions. Retail banking, consumer lending, community development lending and Small Business Administration (SBA) lending are offerings within consumer and community banking.


Can you provide the latest stock price for CIT Group Inc?

The current stock price of CIT is 53.5 null. The price increased by 4.21% in the last trading session.


Does CIT Group Inc pay dividends?

CIT Group Inc (CIT) has a dividend yield of 2.73%. The yearly dividend amount is currently 1.4.


What is the ChartMill rating of CIT Group Inc stock?

CIT has a ChartMill Technical rating of 5 out of 10 and a ChartMill Fundamental rating of 5 out of 10.


Where is CIT Group Inc (CIT) stock traded?

CIT stock is listed on the New York Stock Exchange exchange.


Can you provide the number of employees for CIT Group Inc?

CIT Group Inc (CIT) currently has 4085 employees.


What is CIT Group Inc worth?

CIT Group Inc (CIT) has a market capitalization of 5.28B null. This makes CIT a Mid Cap stock.