Trade

with

CIT Group Inc
(NYSE: CIT)
AdChoices
45.61
-0.97
-2.08%
After Hours :
45.61
0.00
0.00%

Open

46.42

Previous Close

46.58

Volume (Avg)

1.12M (1.43M)

Day's Range

45.56-46.63

52Wk Range

41.06-52.72

Market Cap.

8.47B

Dividend Rate (Yield )

0.60 (0.99%)

Beta

1.30

Shares Outstanding

185.65M

P/E Ratio (EPS)

13.72 (3.51)

AdChoices
Fundamentals
  • Key statistics
  • Growth
  • Profitability
  • Financial health
  • Price ratios
  • Trading statistics
Industry Speciality Finance
Highlights
Analyst Recommendation: Not Available
    • Revenue

    • 2.40B

    • Net Income

    • 675.70M

    • Market Cap.

    • 8.47B

    • Enterprise Value

    • -

    • Net Profit Margin %

    • 28.47

    • PEG (Price/Earnings Growth) Ratio

    • -

    • Beta

    • 1.30

    • Forward P/E

    • -

    • Price/Sales

    • 3.70

    • Price/Book Value

    • 0.98

    • Price/Cash flow

    • 5.19

      • EBITDA

      • 1.48B

      • Return on Capital %

      • 1.56

      • Return on Equity %

      • 8.02

      • Return on Assets %

      • 1.56

      • Book Value/Share

      • 46.42

      • Shares Outstanding

      • 185.65M

      • Last Split Factor (Date)

      • -

      • Last Dividend (Ex-Date)

      • 0.15 (11/7/2014)

      • Dividend Declaration Date

      • 10/15/2014

      Analyst Recommendation
      -
      Not Available
        • 1 Year Price Target

        • -

        • Credit Rating

        • -

        • Analysts

        • 0

        • EPS Estimate

        • -

        • Cashflow Estimate

        • -

        Morningstar Consensus estimate data
        • Growth Rate (%)

        • Company

        • Industry

          • Sales (Revenue)

            Q/Q (last year)

          • 6.60

          • 36.69

          • Net Income

            YTD/YTD (last year)

          • -

          • -397.35

          • Net Income

            Q/Q (last year)

          • 11.20

          • 44.06

          • Sales (Revenue)

            5-Year Annual Average

          • -4.13

          • 35.41

          • Net Income

            5-Year Annual Average

          • -

          • 7.63

          • Dividends

            5-Year Annual Average

          • -

          • -

          • Profit Margins (%)

          • Company

          • Industry

            • Gross Margin

            • -

            • 97.13

            • Pre-Tax Margin

            • 30.44

            • 17.93

            • Net Profit Margin

            • 28.47

            • 8.35

            • Average Gross Margin

              5-Year Annual Average

            • -

            • 76.93

            • Average Pre-Tax Margin

              5-Year Annual Average

            • 5.60

            • 8.81

            • Average Net Profit Margin

              5-Year Annual Average

            • -1.70

            • 11.59B

            • Financial Ratios

            • Company

            • Industry

              • Debt/Equity Ratio

              • 2.04

              • 4.24

              • Current Ratio

              • -

              • 4.92

              • Quick Ratio

              • -

              • 1.35

              • Interest Coverage

              • -

              • -410.20

              • Leverage Ratio

              • 5.12

              • 8.90

              • Book Value/Share

              • 46.42

              • 18.71

              • Price Ratios

              • Company

              • Industry

                • Current P/E Ratio

                • 13.66

                • 17.57

                • P/E Ratio 5-Year High

                • 15.86

                • 57.46

                • P/E Ratio 5-Year Low

                • 7.47

                • -107.09

                • Price/Sales Ratio

                • 3.69

                • 2.00

                • Price/Book Value

                • 0.98

                • 1.16

                • Price/Cash Flow Ratio

                • 5.19

                • 6.24

                • Key Metrics

                • Company

                • Industry

                  • Return on Equity %

                    (5-Year Average)

                  • 8.02

                    (1.40)

                  • 4.58

                    (2.07)

                  • Return on Assets %

                    (5-Year Average)

                  • 1.56

                    (0.20)

                  • 0.50

                    (0.35)

                  • Return on Capital %

                    (5-Year Average)

                  • 6.10

                    (4.60)

                  • 0.83

                    (0.50)

                  • Income/Employee

                  • 214.07k

                  • 71.29k

                  • Inventory Turnover

                  • -

                  • -

                  • Asset Turnover

                  • 0.05

                  • 0.06

                  Current Historical
                  Financials
                  • Income Statement
                  • Balance Sheet
                  • Cash Flow
                  Operating Income
                  774.10M
                  Operating Margin
                  32.29
                  Total Equity
                  -
                  Retained Earnings
                  -
                  Free Cashflow
                  -
                  Price/Cashflow
                  5.19
                  Ownership

                  Institutional Ownership

                  -

                  Top 10 Institutions

                  44.31%

                  Mutual Fund Ownership

                  50.82%

                  Float

                  99.89%

                  5% / Insider Ownership

                  0.72%

                  Corporate insiders or major stockholders reporting trading activity in the stock.

                  Top Mutual Fund Owners

                  Top Institutional Owners

                  Mutual Fund Name

                  Institution Name

                  • Mutual Fund Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • VA CollegeAmerica Growth Fund of America

                  •  

                    7,011,000

                  • 0.00

                  • 3.78

                  • T. Rowe Price Mid Cap Value Fund

                  •  

                    4,749,260

                  • 28.33

                  • 2.56

                  • Vanguard Selected Value Fund

                  •  

                    3,684,400

                  • 0.00

                  • 1.98

                  • VA CollegeAmerica Cap World Gr and Inc

                  •  

                    3,405,000

                  • 0.00

                  • 1.83

                  • Vanguard Mid-Cap Index Fund

                  •  

                    3,202,623

                  • -2.17

                  • 1.73

                  • Vanguard Total Stock Mkt Idx

                  •  

                    3,158,146

                  • 0.48

                  • 1.70

                  • Franklin Mutual Global Discovery Fund

                  •  

                    2,806,874

                  • 0.00

                  • 1.51

                  • Perkins Mid Cap Value Fund

                  •  

                    2,702,970

                  • -10.87

                  • 1.46

                  • Oppenheimer Main Street Fund

                  •  

                    2,646,700

                  • -14.28

                  • 1.43

                  • Franklin Mutual Quest Fund

                  •  

                    2,645,447

                  • 0.00

                  • 1.42

                  • Institution Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • Vanguard Group, Inc.

                  •  

                    10,907,936

                  • +1.78%

                  • 5.88

                  • Capital Research Global Investors

                  •  

                    10,821,500

                  • +4.34%

                  • 5.83

                  • OppenheimerFunds, Inc.

                  •  

                    10,227,899

                  • -2.01%

                  • 5.51

                  • Franklin Mutual Advisers, LLC

                  •  

                    9,669,509

                  • -0.09%

                  • 5.21

                  • Epoch Investment Partners, Inc.

                  •  

                    9,203,132

                  • +20.32%

                  • 4.96

                  • Centerbridge Partners, L.P.

                  •  

                    6,781,431

                  • +41.17%

                  • 3.65

                  • Barrow, Hanley, Mewhinney & Strauss LLC.

                  •  

                    6,717,003

                  • +6.45%

                  • 3.62

                  • BlackRock Fund Advisors

                  •  

                    6,417,542

                  • -6.72%

                  • 3.46

                  • T. Rowe Price Associates, Inc.

                  •  

                    6,117,283

                  • +28.92%

                  • 3.30

                  • State Street Corp

                  •  

                    5,362,767

                  • -3.13%

                  • 2.89

                  Company Profile

                  Sector

                  Financial Services

                  Industry

                  Speciality Finance

                  Type

                  Cyclical

                  Style

                  Mid Core

                  CIT Group Inc together with its subsidiaries provides financial solutions to its clients since its formation in 1908. It provides financing, leasing & advisory services principally to middle market companies in a wide variety of indu...morestries & offer vendor, equipment, commercial & structured financing products, as well as factoring services. It’s products & services include Account receivables collection, Factoring services, Acquisition & expansion financing, Financial risk management, Asset management & servicing, Asset-based loans, Credit protection, Debt restructuring, Debt underwriting & syndication, Debtor-in-possession / turnaround financing, Deposits (certificates of deposit, savings accounts, individual retirement accounts), Enterprise value & cash flow loans, Import & export financing, Insura...morence services, Operating & capital leases, Letters of credit / trade acceptances, Mergers & acquisition advisory services (“M&A”, Secured lines of credit, & Vendor financing. It operates in five reportable business segments: Corporate Finance; Transportation Finance; Trade Finance; Vendor Finance; Consumer. Corporate Finance provides financing options & offers advisory services to small & medium size companies in the U.S. & Canada & has a specialized lending unit in the U.K. focused on financial sponsors in Europe. Its core products include asset-based & cash flow lending, fee-based advisory products (e.g., financial advisory, M&A) for middle-market customers, equipment leasing & financing, & commercial real estate financing and offers a product suite primarily composed of senior secured loans collateralized by accounts receivable, inventory, machinery & equipment & intangibles to finance various needs of its customers, such as working capital, plant expansion, acquisitions & recapitalizations. Transportation Finance is a provider of aircraft & railcar leasing & financing solutions to operators & suppliers in the global aviation & railcar industries. It also provide lending & other financial products & services to companies in the transportation sector, including those in the business aircraft, maritime, aerospace & defense industries. Transportation Finance operates through five specialized business units: Commercial Air, Rail, Business Air, Transportation Lending, & Maritime Finance. Commercial Air provides aircraft leasing & lending, asset management, aircraft valuation & advisory services. Rail leases railcar equipment to railroads & shippers throughout North America, & Europe. Business Air offers financing & leasing programs for corporate & private owners of business jet aircraft, primarily in the U.S. Transportation Lending provides loan & lease financing solutions to companies within the aerospace, defense & other transportation sectors, directly or through financial sponsors & intermediaries. Maritime Finance offers secured loans to owners & operators of oceangoing & inl& cargo vessels, as well as offshore vessels & drilling rigs. Trade Finance offers a full range of domestic & international customized credit protection, lending & outsourcing services that include working capital & term loans, factoring, receivables management, bulk purchases of accounts receivable, import & export financing & letter of credit programs to clients. Vendor Finance develops customized business solutions for small businesses & middle market companies, providing equipment financing & value-added services. Working with manufacturers, distributors & product resellers across multiple industries, it develops financing programs & financial solutions tailored to the commercial end-user customer’s needs that can enable increased sales by its vendor partners. Consumer segment consists of a portfolio of U.S. Government-guaranteed student loans that is in run-off & was transferred to AHFS at the end of 2013. The Company competes with global & domestic commercial banks, regional & community banks, captive finance companies, & leasing companies.lessless

                  Key People

                  John A. Thain

                  CEO/Chairman of the Board/Director

                  Mr. Scott T. Parker

                  CFO/Executive VP

                  Lisa Polsky

                  Chief Risk Officer/Executive VP

                  Robert J. Ingato

                  Executive VP/Secretary/General Counsel

                  Andrew T. Brandman

                  Chief Administrative Officer/Executive VP

                  • CIT Group Inc

                  • 11 West 42nd Street

                  • New York, NY 10036

                  • USA.Map

                  • Phone: +1 212 461-5200

                  • Fax: -

                  • cit.com

                  Incorporated

                  1908

                  Employees

                  3,240

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