Market research
CIT CIT Group Inc
NYSE USD Financial Services
Latest close
Loading market data…
Test a moving-average rule with historical data.
- Market cap
- 5B
- P/E ratio
- 7.78
- Analyst target
- 52.67
- Dividend yield
- 2.6%
- Beta
- 1.47
Profile
Company facts
- Exchange
- NYSE
- Currency
- USD
- Sector
- Financial Services
- Industry
- Banks - Regional
- ISIN
- US1255818015
- Market cap
- 5B
- P/E ratio
- 7.78
- Analyst target
- 52.67
- Dividend yield
- 2.6%
- Beta
- 1.47
About
About CIT Group Inc
CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking and Consumer Banking segments. The Commercial Banking segment provides a range of commercial lending, leasing, and deposit products; loans comprising revolving lines of credit, term loans, unsecured loans, collateral-backed loans, asset-based loans, commercial real estate loans, and cash flow loans; and ancillary services and products, including cash management, capital markets, and advisory services primarily to small and middle market companies. This segment also offers asset management, factoring, receivable management, and secured financing services; supply chain financing, leasing and equipment financing to small businesses and middle market, and railroads and shippers. The Consumer Banking segment provides checking, savings, money market, and individual retirement accounts; time deposits and certificates of deposit; residential mortgage loans; small business administration loans; payment solutions; and fiduciary services. The company also offers leasing and advisory, and online banking services. It operates through a network of approximately 60 branches located in southern California. CIT Group Inc. was founded in 1908 and is based in New York, New York.
Visit company websiteCommunity
Investor discussion
1 comment
Sign in to join the CIT discussion.
5 years, 4 months ago
CIT Group Inc is currently in a long term uptrend where the price is trading 9.8% above its 200 day moving average.
From a valuation standpoint, the stock is 76.8% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.1.
CIT Group Inc's total revenue rose by 9.2% to $631M since the same quarter in the previous year.
Its net income has dropped by 93.4% to $9M since the same quarter in the previous year.
Finally, its free cash flow fell by 77.1% to $115M since the same quarter in the previous year.
Based on the above factors, CIT Group Inc gets an overall score of 3/5.