CIT - CIT Group Inc.

NYSE - NYSE Delayed Price. Currency in USD
50.77
+0.66 (+1.32%)
At close: 4:02PM EST
Stock chart is not supported by your current browser
Previous Close50.11
Open50.52
Bid14.37 x 2900
Ask51.75 x 1800
Day's Range50.46 - 51.05
52 Week Range35.50 - 56.14
Volume880,399
Avg. Volume1,053,986
Market Cap5.124B
Beta (3Y Monthly)1.35
PE Ratio (TTM)14.06
EPS (TTM)3.61
Earnings DateApr 22, 2019 - Apr 26, 2019
Forward Dividend & Yield1.00 (2.00%)
Ex-Dividend Date2019-02-07
1y Target Est53.77
Trade prices are not sourced from all markets
  • Morgan Stanley Earnings Miss
    Yahoo Finance Videolast month

    Morgan Stanley Earnings Miss

    Yahoo Finance's Adam Shapiro and Julie Hyman join BTIG Managing Director & Chief Equity Derivatives Strategist Julian Emanuel.

  • Chart of the Day: Market Stress Tied to Lackluster Performance from Bank Stocks
    Yahoo Finance Video2 months ago

    Chart of the Day: Market Stress Tied to Lackluster Performance from Bank Stocks

    The stock market sell-off has hit few sectors as hard as financials. So what are they telling us about the market overall? Here's Myles Udland with our chart of the day.

  • CIT Northbridge Serves as Sole Lead Arranger on $24 Million Credit Facility for Pocono ProFoods
    PR Newswire6 days ago

    CIT Northbridge Serves as Sole Lead Arranger on $24 Million Credit Facility for Pocono ProFoods

    NEW YORK , Feb. 13, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit , through its investment advisor CIT Asset Management LLC, served as sole lead arranger ...

  • Real Risks To Know Before Investing In CIT Group Inc. (NYSE:CIT)
    Simply Wall St.18 days ago

    Real Risks To Know Before Investing In CIT Group Inc. (NYSE:CIT)

    Want to help shape the future of investing tools? Participate in a short research study and receive a 6-month subscription to the award winning Simply Wall St research tool (valued Read More...

  • GlobeNewswire19 days ago

    New Research: Key Drivers of Growth for CIT Group, Devon Energy, Red Rock Resorts, The Michaels Companies, PCM, and Pareteum — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, Jan. 31, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.

  • CIT Group (CIT) Stock Up 2.5% on Q4 Earnings Beat, Costs Down
    Zacks20 days ago

    CIT Group (CIT) Stock Up 2.5% on Q4 Earnings Beat, Costs Down

    While lower operating expenses support CIT Group's (CIT) fourth-quarter results, higher provisions and lower revenues remain drags.

  • CIT to Present at the Credit Suisse 20th Annual Financial Services Forum
    PR Newswire20 days ago

    CIT to Present at the Credit Suisse 20th Annual Financial Services Forum

    NEW YORK , Jan. 30, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that CIT Chairwoman and Chief Executive Officer Ellen R. Alemany and Chief Financial Officer John Fawcett will present ...

  • Thomson Reuters StreetEvents20 days ago

    Edited Transcript of CIT earnings conference call or presentation 29-Jan-19 1:00pm GMT

    Q4 2018 CIT Group Inc Earnings Call

  • CIT Group Inc (CIT) Q4 2018 Earnings Conference Call Transcript
    Motley Fool21 days ago

    CIT Group Inc (CIT) Q4 2018 Earnings Conference Call Transcript

    CIT earnings call for the period ending December 31, 2018.

  • CIT Group (CIT) Surpasses Q4 Earnings Estimates
    Zacks21 days ago

    CIT Group (CIT) Surpasses Q4 Earnings Estimates

    CIT (CIT) delivered earnings and revenue surprises of 10.00% and -16.96%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press21 days ago

    CIT: 4Q Earnings Snapshot

    The New York-based company said it had profit of 78 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.21 per share. The results surpassed Wall Street expectations. The average ...

  • Markit21 days ago

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

    # CIT Group Inc ### NYSE:CIT View full report here! ## Summary * Perception of the company's creditworthiness is negative but improving * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low ## Bearish sentiment Short interest | Positive 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. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $349 million over the last one-month into ETFs that hold CIT are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Negative The current level displays a negative indicator with a strengthening bias over the past 1-month. CIT credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative 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.

  • CIT Announces Fourth Quarter and Full Year 2018 Results
    PR Newswire21 days ago

    CIT Announces Fourth Quarter and Full Year 2018 Results

    NEW YORK , Jan. 29, 2019 /PRNewswire/ -- Financial Results : Fourth quarter net income available to common shareholders and income from continuing operations available to common shareholders were each ...

  • Reuters25 days ago

    U.S. government shutdown gives banks rare public relations opportunity

    The U.S. government shutdown has handed banks a rare opportunity to tout their nicer side as they prepare for rough treatment under a Democrat-controlled House of Representatives. Sparked by a standoff between Democrats and Republicans over President Donald Trump's demand for a wall on the Mexico border, the partial shutdown is the longest ever, entering its 35th day on Friday. The president announced on Friday he would back a bill to reopen the government for three weeks as a temporary reprieve, but the financial repercussions from the shutdown could last weeks.

  • CIT Bank Renews Partnership with a New Grant for First-Time Homebuyer Assistance
    PR Newswire27 days ago

    CIT Bank Renews Partnership with a New Grant for First-Time Homebuyer Assistance

    PASADENA, Calif., Jan. 23, 2019 /PRNewswire/ -- CIT Bank, N.A., the banking subsidiary of CIT Group Inc., today announced it has awarded a $400,000 grant to the Los Angeles Housing + Community Investment Department (HCIDLA) to help lower-income Angelinos achieve the American Dream. In late 2017, CIT Bank provided $400,000, which enabled HCIDLA to assist 28 hard-working families in purchasing single-family homes and condominiums throughout the city. For this purpose, CIT is now renewing that grant for another year.

  • CIT Declares Common Dividend
    PR Newswire27 days ago

    CIT Declares Common Dividend

    NEW YORK , Jan. 23, 2019 /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 ...

  • American Express (AXP) Q4 Earnings Lag Estimates, Stock Down
    Zackslast month

    American Express (AXP) Q4 Earnings Lag Estimates, Stock Down

    American Express (AXP) fourth-quarter results reflect lower-than-expected customer spending and higher rewards expenses.

  • CIT Group Inc. (CIT) Shares March Higher, Can It Continue?
    Zackslast month

    CIT Group Inc. (CIT) Shares March Higher, Can It Continue?

    As of late, it has definitely been a great time to be an investor in CIT Group Inc. (CIT).

  • CIT Bank Provides Grant to Neighborhood Housing Services of LA County
    PR Newswirelast month

    CIT Bank Provides Grant to Neighborhood Housing Services of LA County

    PASADENA, Calif. , Jan. 10, 2019 /PRNewswire/ --  CIT Bank N.A. , the banking subsidiary of CIT Group Inc., today announced a $350,000 grant in support of Neighborhood Housing Services of Los Angeles (NHS). ...

  • CIT to Announce Fourth Quarter 2018 Financial Results
    PR Newswirelast month

    CIT to Announce Fourth Quarter 2018 Financial Results

    Conference Call and Audio Webcast Scheduled for 8 a.m. ET, Jan. 29 NEW YORK , Jan. 10, 2019 /PRNewswire/ --  CIT Group Inc . (NYSE: CIT) today announced it will issue its fourth quarter 2018 financial ...

  • CIT Provides Financing for Multifamily Building Acquisition and Renovation
    PR Newswirelast month

    CIT Provides Financing for Multifamily Building Acquisition and Renovation

    NEW YORK , Jan. 8, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division provided $31 million in financing toward the acquisition and renovation of a multifamily ...

  • CIT Northbridge Serves as Sole Lead Arranger on $53.8 Million Credit Facility for Circle 8 Crane Services
    PR Newswirelast month

    CIT Northbridge Serves as Sole Lead Arranger on $53.8 Million Credit Facility for Circle 8 Crane Services

    NEW YORK , Jan. 7, 2019 /PRNewswire/ --  CIT Group Inc. (NYSE: CIT) today announced that CIT Northbridge Credit , its joint venture financing unit, served as sole lead arranger on a $53.8 million senior ...

  • CIT Donates 1.5 Million Meals this Holiday Season in Partnership with Feeding America
    PR Newswire2 months ago

    CIT Donates 1.5 Million Meals this Holiday Season in Partnership with Feeding America

    Campaign exceeded goal by 50 percent NEW YORK , Dec. 20, 2018  /PRNewswire/ -- CIT Group Inc.  today announced it will donate one and a half million meals 1 this holiday season in partnership with Feeding ...