Trade

with

CIT Group Inc
(NYSE: CIT)
AdChoices
46.63
+0.46
+1.00%
After Hours :
-
-
-

Open

46.26

Previous Close

46.17

Volume (Avg)

835.39k (1.27M)

Day's Range

46.12-46.80

52Wk Range

41.06-52.72

Market Cap.

8.66B

Dividend Rate (Yield )

0.60 (0.97%)

Beta

1.30

Shares Outstanding

185.65M

P/E Ratio (EPS)

14.03 (3.51)

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

    • 2.40B

    • Net Income

    • 675.70M

    • Market Cap.

    • 8.66B

    • Enterprise Value

    • -

    • Net Profit Margin %

    • 28.47

    • PEG (Price/Earnings Growth) Ratio

    • -

    • Beta

    • 1.30

    • Forward P/E

    • -

    • Price/Sales

    • 3.78

    • Price/Book Value

    • 1.00

    • 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

                • 17.79

                • 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

                • 2.02

                • Price/Book Value

                • 0.98

                • 1.17

                • Price/Cash Flow Ratio

                • 5.19

                • 6.31

                • Key Metrics

                • Company

                  • Shares Short

                    as of -

                  • -

                  • Short Ratio

                    as of -

                  • -

                  • Short % of Float

                    as of -

                  • -

                  • Shares Short

                    prior month

                  • -

                  • Trailing Annual Dividend Yield

                  • -

                  • 5 Year Average Dividend Yield

                  • -

                  • Key Metrics

                  • Company

                    • Payout Ratio

                    • 9.02

                    • Dividend Date

                    • 10/15/2014

                    • Ex-Dividend Date

                    • 11/7/2014

                    • Last Split Factor

                      new per old

                    • -

                    • Last Split Date

                    • -

                    • 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
                      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