CIT - CIT Group Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
50.56
-1.09 (-2.11%)
As of 1:49PM EDT. Market open.
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Previous Close51.65
Open51.28
Bid50.45 x 800
Ask50.49 x 1100
Day's Range50.42 - 51.35
52 Week Range35.50 - 55.56
Volume159,180
Avg. Volume774,109
Market Cap4.872B
Beta (3Y Monthly)1.53
PE Ratio (TTM)12.47
EPS (TTM)4.05
Earnings DateJul 22, 2019 - Jul 26, 2019
Forward Dividend & Yield1.40 (2.63%)
Ex-Dividend Date2019-05-09
1y Target Est57.54
Trade prices are not sourced from all markets
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    Senator Sherrod Brown: Big Bank CEOS need to explain themselves to American people

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  • PR Newswire12 days ago

    CIT Serves as Sole Lead Arranger on $64 Million Refinancing for Assisted Living Facilities in Florida

    NEW YORK , May 10, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as sole lead arranger for a $64 million loan to refinance assisted living ...

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    Despite higher expenses, growth in revenues supports LendingClub???s (LC) Q1 results.

  • PR Newswire14 days ago

    CIT and NORD/LB Arrange $91 Million Financing for Mesa Airlines

    NEW YORK , May 8, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that it served together with NORD/LB as co-lead arrangers and joint documentation agents on a $91 million term loan financing ...

  • Markit15 days ago

    See what the IHS Markit Score report has to say about CIT Group Inc.

    CIT Group Inc NYSE:CITView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for CIT with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $1.30 billion over the last one-month into ETFs that hold CIT are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. CIT credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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  • PR Newswire20 days ago

    CIT and Operation HOPE Celebrate National Small Business Week and Introduce Launch and Grow

    A HOPE Inside Program Presented by CIT to Empower Women Entrepreneurs NEW YORK , May 2, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT), in partnership with the nonprofit Operation HOPE , today introduced ...

  • PR Newswire23 days ago

    CIT Leads $425 Million Senior Credit Facility for AdaptHealth

    NEW YORK, April 29, 2019 /PRNewswire/ -- CIT Group Inc. (CIT) today announced that its Healthcare Finance business led a $425 million senior credit facility on behalf of AdaptHealth LLC – the latest in a series of CIT-led financings that have supported the company's strong growth trajectory. Headquartered in Oaks, Pennsylvania, AdaptHealth is a full-service provider of home medical and respiratory equipment that services more than 1 million patients annually across 160 locations in 36 states. "AdaptHealth's evolution and growth is an extraordinary business success story," said William Douglass, managing director and group head for CIT's Healthcare Finance business.

  • CIT Serves as Sole Lead Arranger on $40 Million Secured Credit Facility for MPC Container Ships
    PR Newswire26 days ago

    CIT Serves as Sole Lead Arranger on $40 Million Secured Credit Facility for MPC Container Ships

    NEW YORK , April 26, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business served as sole lead arranger on a $40 million senior secured credit facility for ...

  • Did Hedge Funds Drop The Ball On CIT Group Inc. (CIT)?
    Insider Monkey27 days ago

    Did Hedge Funds Drop The Ball On CIT Group Inc. (CIT)?

    Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the fourth […]

  • PR Newswire27 days ago

    CIT Serves as Sole Arranger on $24.75 Million Financing for Acquisition of Medical Office Buildings

    NEW YORK , April 25, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as the sole lead arranger on $24.75 million in financing for the purchase ...

  • CIT Group (CIT) Looks Good: Stock Adds 6.1% in Session
    Zacks28 days ago

    CIT Group (CIT) Looks Good: Stock Adds 6.1% in Session

    CIT Group (CIT) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

  • CIT Group (CIT) Stock Up 6.1% on Q1 Earnings Beat, Costs Down
    Zacks28 days ago

    CIT Group (CIT) Stock Up 6.1% on Q1 Earnings Beat, Costs Down

    CIT Group (CIT) witnesses lower revenues and expenses in the first quarter of 2019.

  • Thomson Reuters StreetEvents28 days ago

    Edited Transcript of CIT earnings conference call or presentation 23-Apr-19 12:00pm GMT

    Q1 2019 CIT Group Inc Earnings Call

  • CIT Group Inc (CIT) Q1 2019 Earnings Call Transcript
    Motley Fool29 days ago

    CIT Group Inc (CIT) Q1 2019 Earnings Call Transcript

    CIT earnings call for the period ending March 31, 2019.

  • Associated Press29 days ago

    CIT: 1Q Earnings Snapshot

    On a per-share basis, the New York-based company said it had profit of $1.18. The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research ...

  • PR Newswire29 days ago

    CIT Announces First Quarter 2019 Financial Results

    NEW YORK , April 23, 2019 /PRNewswire/ --  CIT Group Inc . (NYSE: CIT) today announced its first quarter 2019 financial results. View the full press release in PDF. The news release is available via CIT's ...

  • ACCESSWIRE29 days ago

    CIT Group Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / April 23, 2019 / CIT Group Inc. (NYSE: CIT ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on April 23, 2019 at 8:00 AM Eastern Time. ...

  • OneWest Bank Celebrates Earth Day with Turn Paper into Trees Campaign
    PR Newswirelast month

    OneWest Bank Celebrates Earth Day with Turn Paper into Trees Campaign

    PASADENA, Calif., April 22, 2019 /PRNewswire/ -- OneWest Bank, CIT's Southern California retail bank division, today announced the Turn Paper into Trees campaign in celebration of Earth Day. "We're pleased to launch this initiative and invite our customers to join us in making a meaningful contribution to the communities where we live and work," said Heather Ellison, senior vice president of Retail Banking for OneWest Bank. As part of the campaign, OneWest Bank is partnering with One Tree Planted, a nonprofit organization dedicated to reforestation.

  • Is It Time To Consider Buying CIT Group Inc. (NYSE:CIT)?
    Simply Wall St.last month

    Is It Time To Consider Buying CIT Group Inc. (NYSE:CIT)?

    CIT Group Inc. (NYSE:CIT), operating in the financial services industry based in United States, saw a decent share price growth in the teens level on the NYSE over the last few months...

  • CIT Provides Financing for Acquisition of Fort Lauderdale Retail Center
    PR Newswirelast month

    CIT Provides Financing for Acquisition of Fort Lauderdale Retail Center

    NEW YORK , April 18, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division has provided $28.6 million in acquisition financing for The Quay on 17 th Street, ...

  • CIT Declares Increased Common Dividend
    PR Newswirelast month

    CIT Declares Increased Common Dividend

    NEW YORK , April 17, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its board of directors has declared a quarterly cash dividend of $0.35 per common share on its outstanding common ...

  • CIT Group (CIT) Earnings Expected to Grow: Should You Buy?
    Zackslast month

    CIT Group (CIT) Earnings Expected to Grow: Should You Buy?

    CIT (CIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • CIT Arranges $14.8 Million Financing for Acquisition of Dallas Medical Office Building
    PR Newswirelast month

    CIT Arranges $14.8 Million Financing for Acquisition of Dallas Medical Office Building

    NEW YORK , April 12, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance unit arranged $14.8 million in financing for the acquisition of Greenville Medical Tower ...