CIT - CIT Group Inc.

NYSE - NYSE Delayed Price. Currency in USD
45.35
-0.58 (-1.26%)
At close: 4:01PM EST
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Previous Close45.93
Open45.63
Bid0.00 x 900
Ask0.00 x 800
Day's Range45.29 - 45.86
52 Week Range43.80 - 56.14
Volume1,626,117
Avg. Volume1,023,251
Market Cap4.842B
Beta (3Y Monthly)1.38
PE Ratio (TTM)17.80
EPS (TTM)2.55
Earnings DateJan 28, 2019 - Feb 1, 2019
Forward Dividend & Yield1.00 (2.14%)
Ex-Dividend Date2018-11-09
1y Target Est55.46
Trade prices are not sourced from all markets
  • CIT Reveals New Brand Identity Focused on Empowering Customers and Highlighting Their "Lens of Opportunity"
    PR Newswire3 days ago

    CIT Reveals New Brand Identity Focused on Empowering Customers and Highlighting Their "Lens of Opportunity"

    NEW YORK, Nov. 15, 2018 /PRNewswire/ -- CIT Group Inc. (CIT) today revealed a simplified and refreshed brand identity aimed at presenting a more cohesive market presence following a multi-year transformation of the company. The effort includes a new marketing campaign, tagline and website reflecting CIT's consumer and commercial businesses. "With a deep heritage and a renewed focus on our strategic direction, it was time to evolve our brand identity to reflect our position as a national bank aimed at empowering our customers to turn their ideas into outcomes," said CIT Chairwoman and Chief Executive Officer Ellen R. Alemany.

  • PR Newswire6 days ago

    CIT Names Managing Director to Lead Maritime Finance Business

    NEW YORK , Nov. 12, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced it has named Evan Cohen as managing director and group head for its Maritime Finance business. In his new role, Cohen ...

  • See what the IHS Markit Score report has to say about CIT Group Inc.
    Markit11 days ago

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

    Short 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.

  • PR Newswire19 days ago

    CIT Provides Up to $35 Million in Construction Financing for Manhattan Office Building Project

    NEW YORK , Oct. 30, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division provided a senior secured construction loan of up to $35 million for development ...

  • PR Newswire20 days ago

    Spooky Savings Facts: Consumers Are Willing To Cut Halloween Costs To Save

    PASADENA, Calif., Oct. 29, 2018 /PRNewswire/ -- Most U.S. consumers are willing to cut corners on Halloween spending in order to save. "People realize the importance of sticking to a savings plan to meet both their immediate and long-term needs," said Ravi Kumar, head of Internet Banking at CIT Bank. When it comes to Halloween spending, candy is by far the most popular item among 90 percent of U.S. consumers.

  • PR Newswire20 days ago

    CIT Names Alla Whitston as Chief Technology Officer

    Supports focus on simplification efforts and enhancing digital experience NEW YORK , Oct. 29, 2018 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that Alla Whitston has joined the company, ...

  • 6 Poorly Performing Stocks in Gurus' Portfolios
    GuruFocus.com23 days ago

    6 Poorly Performing Stocks in Gurus' Portfolios

    While gurus hold positions in these companies, the stock prices and returns continue to fall. CIT Group Inc. (CIT) had a negative performance of 15.6% over the last six months. The bank has a $4.96 billion market cap.

  • CIT Group (CIT) Q3 Earnings Meet Estimates, Stock Falls 1.2%
    Zacks25 days ago

    CIT Group (CIT) Q3 Earnings Meet Estimates, Stock Falls 1.2%

    Decline in expenses and rise in non-interest income support CIT Group's (CIT) Q3 earnings, while higher credit costs and a fall in interest income hurt.

  • Thomson Reuters StreetEvents26 days ago

    Edited Transcript of CIT earnings conference call or presentation 23-Oct-18 12:00pm GMT

    Q3 2018 CIT Group Inc Earnings Call

  • CIT Group (CIT) Matches Q3 Earnings Estimates
    Zacks26 days ago

    CIT Group (CIT) Matches Q3 Earnings Estimates

    CIT (CIT) delivered earnings and revenue surprises of 0.00% and -3.25%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Simply Wall St.27 days ago

    What Does CIT Group Inc’s (NYSE:CIT) PE Ratio Tell You?

    This article is intended for those of you who are at the beginning of your investing journey and want to learn about the link between company’s fundamentals and stock market Read More...

  • Associated Press26 days ago

    CIT: 3Q Earnings Snapshot

    The New York-based company said it had profit of $1.15 per share. The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for ...

  • PR Newswire27 days ago

    CIT Announces Third Quarter 2018 Results

    NEW YORK , Oct. 23, 2018 /PRNewswire/ -- Highlights : Third quarter net income available to common shareholders of $132 million or $1.15 per diluted common share; income from continuing operations available ...

  • PR Newswirelast month

    CIT Serves as Sole Lead Arranger on $24 Million Financing for Multi-Family Property by MWest Holdings

    NEW YORK , Oct. 18, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division  was the sole lead arranger of a $24 million senior secured loan for the acquisition ...

  • PR Newswirelast month

    CIT Serves as Sole Lead Arranger on $50 Million Financing for San Diego Industrial Properties

    NEW YORK , Oct. 16, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division was the sole lead arranger of a $50 million senior secured loan for the acquisition ...

  • PR Newswirelast month

    CIT Declares Dividends

    NEW YORK , Oct. 16, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its board of directors has declared a quarterly cash dividend of $0.25 per common share on its outstanding common ...

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

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

    Short interest is low for CIT with fewer than 5% of shares on loan. The net inflows of $738 million over the last one-month into ETFs that hold CIT are among the lowest of the last year and appear to be slowing.

  • PR Newswirelast month

    CIT Serves as Sole Lead Arranger on $15 Million Maritime Loan

    NEW YORK , Oct. 10, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance unit served as sole lead arranger on a $15 million senior secured loan for MRC Maritime Holdings, ...

  • Local Matters to the Vast Majority of Southern Californians
    PR Newswirelast month

    Local Matters to the Vast Majority of Southern Californians

    PASADENA, Calif., Oct. 9, 2018 /PRNewswire/ -- Over 80 percent of Southern Californians believe it's important for banks to have a strong regional presence, according to OneWest Bank's new survey conducted by The Harris Poll1, which examines consumer preferences across Southern California.   Many respondents also link a bank's local focus to their community commitment and customer service. "A strong regional presence enables banks to be more in-tune with customer needs, according to 40 percent of Southern Californians who believe local banks offer better customer service," said Heather Ellison, head of Retail Banking for OneWest Bank.

  • PR Newswirelast month

    CIT Completes Sale of its European Rail Business

    Exits last ongoing overseas operation and outlines plan to further optimize funding NEW YORK , Oct. 5, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that it completed the sale of NACCO, ...

  • PR Newswirelast month

    CIT to Announce Third Quarter 2018 Financial Results

    Conference Call and Audio Webcast Scheduled for 8 a.m. ET, Oct. 23 NEW YORK , Oct. 4, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced it will issue its third quarter 2018 financial results ...

  • Barrons.com2 months ago

    Banks Could Roar in the Next Earnings Season

    Third-quarter earnings may be another catalyst, as Oppenheimer sees reasons for optimism. Where we were: Bank stocks haven’t performed as well as many hoped this year. Where we’re headed: Bank earnings have been more robust than the Street believes, argues Oppenheimer, and could help push the stocks higher.

  • PR Newswire2 months ago

    CIT Serves as Sole Lead Arranger on $93.7 Million Credit Facility for Maritime Shipping Firm

    NEW YORK , Sept. 19, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance unit served as sole lead arranger on a $93.7 million senior secured credit facility for Tanker ...

  • See what the IHS Markit Score report has to say about CIT Group Inc.
    Markit2 months ago

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

    Short interest is low for CIT with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on August 13.

  • PR Newswire2 months ago

    CIT Serves as Administrative Agent and Lead Arranger on $144 Million Senior Secured Credit Facilities for Bristol Hospice LLC

    NEW YORK , Sept. 13, 2018 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Healthcare Finance business served as administrative agent and lead arranger for $115 million first lien credit ...