CIT - CIT Group Inc.

NYSE - Nasdaq Real Time Price. Currency in USD
50.34
+0.69 (+1.39%)
As of 2:08PM EDT. Market open.
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Previous Close49.65
Open49.79
Bid50.30 x 900
Ask50.32 x 1100
Day's Range49.48 - 50.73
52 Week Range35.50 - 55.48
Volume215,066
Avg. Volume718,812
Market Cap4.851B
Beta (3Y Monthly)1.57
PE Ratio (TTM)12.42
EPS (TTM)4.05
Earnings DateJul 22, 2019 - Jul 26, 2019
Forward Dividend & Yield1.40 (2.94%)
Ex-Dividend Date2019-05-09
1y Target Est57.50
Trade prices are not sourced from all markets
  • OneWest Bank Serves as Presenting Sponsor of SaMo Pride and Celebrates Pride Month across Southern California
    PR Newswire1 hour ago

    OneWest Bank Serves as Presenting Sponsor of SaMo Pride and Celebrates Pride Month across Southern California

    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 ...

  • Markit7 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 * 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 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.

  • PR Newswire8 days ago

    CIT Names Leslie Grizzard as Managing Director for Defense and Government Services Business

    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 ...

  • PR Newswire12 days ago

    CIT Provides $48.2 Million in Financing for Southern California Apartment Complex

    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 ...

  • PR Newswire13 days ago

    CIT Launches Annual Volunteer Month and Invites Consumers to Give Back Across the Country

    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.  ...

  • Should Value Investors Consider CIT Group (CIT) Stock Now?
    Zacks15 days ago

    Should Value Investors Consider CIT Group (CIT) Stock Now?

    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.

  • PR Newswire19 days ago

    CIT Leads $416 Million Financing for Major New Solar Project

    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.

  • PR Newswire21 days ago

    CIT to Present at the Morgan Stanley 10th Annual Financials Conference

    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 ...

  • Moody's26 days ago

    GS Mortgage Securities Trust 2013-GC13 -- Moody's affirms nine classes of GSMS 2013-GC13

    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) Cheers Investors With 17% Dividend Hike
    Zacks29 days ago

    First Midwest (FMBI) Cheers Investors With 17% Dividend Hike

    First Midwest (FMBI) seems to have the potential to continue enhancing shareholder value on the back of earnings strength and improving operating backdrop.

  • PR Newswirelast month

    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 ...

  • LendingClub (LC) Stock Up 12.4% Despite Incurring Loss in Q1
    Zackslast month

    LendingClub (LC) Stock Up 12.4% Despite Incurring Loss in Q1

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

  • PR Newswirelast month

    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 ...

  • Hercules Capital (HTGC) Q1 Earnings Miss, Revenues Rise
    Zacks2 months ago

    Hercules Capital (HTGC) Q1 Earnings Miss, Revenues Rise

    Rise in revenues and improved investment portfolio support Hercules Capital's (HTGC) Q1 earnings. The company rewards shareholders with higher quarterly distribution.

  • PR Newswire2 months 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 Newswire2 months 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 Newswire2 months 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 Monkey2 months 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 Newswire2 months 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
    Zacks2 months 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
    Zacks2 months 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 StreetEvents2 months 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 Fool2 months ago

    CIT Group Inc (CIT) Q1 2019 Earnings Call Transcript

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