Logo image of CIT

CIT Group Inc (CIT) Stock Price, Quote, News and Overview

NYSE:CIT - New York Stock Exchange, Inc. - Common Stock

53.5  +2.16 (+4.21%)

After market: 53.82 +0.32 (+0.6%)

CIT Quote, Performance and Key Statistics

CIT Group Inc

NYSE:CIT (1/3/2022, 8:04:00 PM)

After market: 53.82 +0.32 (+0.6%)

53.5

+2.16 (+4.21%)

Sector
GICS SectorFinancials
GICS IndustryBanks
GICS IndustryGroupBanks
GICS SubIndustryRegional Banks
Statistics
52 Week High56.62
52 Week Low35.56
Market Cap5.28B
Shares98.61M
Float97.78M
Yearly Dividend1.4
Dividend Yield2.73%
PE8.51
Fwd PE11.72
Earnings (Next)02-01 2022-02-01/bmo
IPO07-01 2002-07-01


CIT short term performance overview.The bars show the price performance of CIT in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 5 10 15

CIT long term performance overview.The bars show the price performance of CIT in the last 1, 2 and 3 years. 1 year 2 years 3 years 10 20 30

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

CIT Group Inc / CIT Daily stock chart

CIT Competitors/Peers

The largest stocks on the US markets in the "Regional Banks" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
TFC TRUIST FINANCIAL CORP 12.58 60.09B
HBANL HUNTINGTON BANCSHARES - HBAN 6 7/8 PERP 20.4 37.07B
HBANM HUNTINGTON BANCSHARES - HBAN 5.7 PERP 18.06 32.81B
MTB M & T BANK CORP 12.51 32.11B
HBANP HUNTINGTON BANCSHARES - HBAN 4 1/2 PERP 14.65 26.62B
HBAN HUNTINGTON BANCSHARES INC 12.92 23.48B
RF REGIONS FINANCIAL CORP 11.64 21.26B
CFG CITIZENS FINANCIAL GROUP 14.81 19.77B
VLYPN VALLEY NATIONAL BANCORP - VLY 8 1/4 PERP 40.57 14.28B
VLYPP VALLEY NATIONAL BANCORP - VLY 6 1/4 PERP 40.03 14.09B
VLYPO VALLEY NATIONAL BANCORP - VLY 8.43172 PERP 39.95 14.06B
EWBC EAST WEST BANCORP INC 11.28 13.02B

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

CIT Group Inc

1 Cit Dr

Livingston NEW JERSEY 10036 US

CEO: Ellen R. Alemany

Employees: 4085

Company Website: https://www.cit.com/

Phone: 19737405000.0

CIT Group Inc / CIT FAQ

What is the stock price of CIT Group Inc today?

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


What is the ticker symbol for CIT Group Inc stock?

The exchange symbol of CIT Group Inc is CIT and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is CIT stock listed?

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


What is the price forecast or stock price prediction for CIT Group Inc stock?

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. Check the CIT Group Inc stock analysts ratings, price target forecast and up-and down grades for more detailed information.


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.


How many employees does CIT Group Inc have?

CIT Group Inc (CIT) currently has 4085 employees.


What are the support and resistance levels for CIT Group Inc (CIT) stock?

CIT Group Inc (CIT) has a support level at 51.01 and a resistance level at 53.71. Check the full technical report for a detailed analysis of CIT support and resistance levels.


Is CIT Group Inc (CIT) expected to grow?

The Revenue of CIT Group Inc (CIT) is expected to grow by 4.36% in the next year. Check the estimates tab for more information on the CIT EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy CIT Group Inc (CIT) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does CIT Group Inc (CIT) stock pay dividends?

CIT Group Inc (CIT) has a dividend yield of 2.73%. The yearly dividend amount is currently 1.4. Check the full fundamental report for a detailed analysis of CIT dividend history, reliability and sustainability.


When does CIT Group Inc (CIT) report earnings?

CIT Group Inc (CIT) will report earnings on 2022-02-01, before the market open.


What is the Price/Earnings (PE) ratio of CIT Group Inc (CIT)?

The PE ratio for CIT Group Inc (CIT) is 8.51. This is based on the reported non-GAAP earnings per share of 6.29 and the current share price of 53.5 null. Check the full fundamental report for a full analysis of the valuation metrics for CIT.


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 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 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.


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 Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 49% to CIT. The Buy consensus is the average rating of analysts ratings from 11 analysts.

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


Ownership
Inst Owners0%
Ins Owners2.6%
Short Float %N/A
Short RatioN/A
Analysts
Analysts49.09
Price Target53.65 (0.28%)
EPS Next Y359.06%
Revenue Next Year4.36%