|Bid||50.49 x 900|
|Ask||0.00 x 800|
|Day's Range||49.60 - 50.73|
|52 Week Range||35.50 - 55.48|
|Beta (3Y Monthly)||1.57|
|PE Ratio (TTM)||12.48|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||1.40 (2.94%)|
|1y Target Est||57.50|
PASADENA, Calif. , June 18, 2019 /PRNewswire/ -- OneWest Bank , CIT's Southern California retail bank division, today announced it will be the presenting sponsor of the inaugural year of SaMo Pride taking ...
CIT Group Inc NYSE:CITView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate 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 | NeutralETF activity is neutral. ETFs that hold CIT had net inflows of $1.98 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NegativeAccording 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, and is easing. 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 firstname.lastname@example.org.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.
NEW YORK , June 10, 2019 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that Leslie Grizzard has joined the company as managing director in the company's Aerospace, Defense & Government Services ...
NEW YORK , June 6, 2019 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance division provided $48.2 million in senior secured financing for the acquisition and redevelopment ...
NEW YORK , June 5, 2019 /PRNewswire/ -- CIT Group Inc. (NYSE: CIT) today launched its third annual CIT Cares Month, a company-wide initiative mobilizing CIT employees to volunteer across their local communities. ...
Let's see if CIT Group Inc. (CIT) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
NEW YORK, May 30, 2019 /PRNewswire/ -- CIT Group Inc. (CIT) today announced that its Power & Energy business served as the coordinating lead arranger on a $416 million debt financing supporting Longroad Energy's 379-megawatt Prospero solar facility to be built in Andrews County, Texas. Founded in 2016 and based in Boston, Longroad Energy is a leading renewable energy company. Since its founding, Longroad has fully developed approximately 1,000 MW of wind and solar projects and currently owns a 700 MW operating fleet.
NEW YORK , May 28, 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 ...
The ratings on the seven principal and interest (P&I) classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 3.9% of the current pooled balance, compared to 2.6% at Moody's last review. Moody's base expected loss plus realized losses is now 3.4% of the original pooled balance, compared to 2.3% at the last review.
First Midwest (FMBI) seems to have the potential to continue enhancing shareholder value on the back of earnings strength and improving operating backdrop.
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 ...
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 ...
Rise in revenues and improved investment portfolio support Hercules Capital's (HTGC) Q1 earnings. The company rewards shareholders with higher quarterly distribution.
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 ...
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.
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 ...
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 […]
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 ...