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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry
vs
history
Cash to Debt 0.39
CIT's Cash to Debt is ranked higher than
57% of the 366 Companies
in the Global Credit Services industry.

( Industry Median: 0.94 vs. CIT: 0.39 )
CIT' s 10-Year Cash to Debt Range
Min: 0.06   Max: 0.39
Current: 0.39

0.06
0.39
Equity to Asset 0.19
CIT's Equity to Asset is ranked higher than
58% of the 273 Companies
in the Global Credit Services industry.

( Industry Median: 0.29 vs. CIT: 0.19 )
CIT' s 10-Year Equity to Asset Range
Min: 0.08   Max: 0.2
Current: 0.19

0.08
0.2
Interest Coverage 0.63
CIT's Interest Coverage is ranked lower than
65% of the 246 Companies
in the Global Credit Services industry.

( Industry Median: 13.94 vs. CIT: 0.63 )
CIT' s 10-Year Interest Coverage Range
Min: 0.07   Max: 0.98
Current: 0.63

0.07
0.98
F-Score: 6
Z-Score: 0.35
WACC vs ROIC
8.19%
4.82%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 26.88
CIT's Operating margin (%) is ranked higher than
73% of the 375 Companies
in the Global Credit Services industry.

( Industry Median: 20.51 vs. CIT: 26.88 )
CIT' s 10-Year Operating margin (%) Range
Min: -309.57   Max: 37.87
Current: 26.88

-309.57
37.87
Net-margin (%) 44.42
CIT's Net-margin (%) is ranked higher than
88% of the 377 Companies
in the Global Credit Services industry.

( Industry Median: 16.32 vs. CIT: 44.42 )
CIT' s 10-Year Net-margin (%) Range
Min: -174.64   Max: 44.51
Current: 44.42

-174.64
44.51
ROE (%) 12.75
CIT's ROE (%) is ranked higher than
75% of the 367 Companies
in the Global Credit Services industry.

( Industry Median: 10.42 vs. CIT: 12.75 )
CIT' s 10-Year ROE (%) Range
Min: -37.12   Max: 14.58
Current: 12.75

-37.12
14.58
ROA (%) 2.41
CIT's ROA (%) is ranked higher than
63% of the 385 Companies
in the Global Credit Services industry.

( Industry Median: 3.01 vs. CIT: 2.41 )
CIT' s 10-Year ROA (%) Range
Min: -3.27   Max: 2.38
Current: 2.41

-3.27
2.38
ROC (Joel Greenblatt) (%) 4.74
CIT's ROC (Joel Greenblatt) (%) is ranked higher than
55% of the 374 Companies
in the Global Credit Services industry.

( Industry Median: 17.98 vs. CIT: 4.74 )
CIT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -34.75   Max: 13.18
Current: 4.74

-34.75
13.18
Revenue Growth (3Y)(%) 9.30
CIT's Revenue Growth (3Y)(%) is ranked higher than
75% of the 300 Companies
in the Global Credit Services industry.

( Industry Median: 4.30 vs. CIT: 9.30 )
CIT' s 10-Year Revenue Growth (3Y)(%) Range
Min: -45   Max: 18.5
Current: 9.3

-45
18.5
EBITDA Growth (3Y)(%) 20.70
CIT's EBITDA Growth (3Y)(%) is ranked higher than
87% of the 249 Companies
in the Global Credit Services industry.

( Industry Median: -3.30 vs. CIT: 20.70 )
CIT' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -51.3   Max: 54.2
Current: 20.7

-51.3
54.2
EPS Growth (3Y)(%) 333.20
CIT's EPS Growth (3Y)(%) is ranked higher than
100% of the 245 Companies
in the Global Credit Services industry.

( Industry Median: 9.20 vs. CIT: 333.20 )
CIT' s 10-Year EPS Growth (3Y)(%) Range
Min: -12.8   Max: 565.7
Current: 333.2

-12.8
565.7
» CIT's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2014

CIT Guru Trades in Q2 2014

Caxton Associates 50,000 sh (New)
HOTCHKIS & WILEY 1,185,040 sh (New)
Louis Moore Bacon 334,400 sh (+345.87%)
Paul Tudor Jones 37,017 sh (+27.92%)
Chuck Royce 22,500 sh (+23.63%)
James Barrow 6,717,003 sh (+6.45%)
Michael Price 455,000 sh (unchged)
Louis Moore Bacon 700,000 sh (unchged)
Pioneer Investments 371,925 sh (-4.87%)
Steven Romick 2,271,600 sh (-9.33%)
John Keeley 261,946 sh (-12.56%)
First Pacific Advisors 2,379,200 sh (-13.10%)
Jim Simons 86,300 sh (-82.28%)
» More
Q3 2014

CIT Guru Trades in Q3 2014

Dodge & Cox 7,690 sh (New)
NWQ Managers 2,133,003 sh (New)
Ray Dalio 18,000 sh (New)
Jim Simons 212,900 sh (+146.70%)
James Barrow 7,961,470 sh (+18.53%)
First Pacific Advisors 2,396,300 sh (+0.72%)
Louis Moore Bacon 200,000 sh (unchged)
Chuck Royce 22,500 sh (unchged)
Steven Romick 2,271,600 sh (unchged)
Michael Price 455,000 sh (unchged)
Pioneer Investments 702,916 sh (unchged)
Caxton Associates Sold Out
Louis Moore Bacon Sold Out
John Keeley 256,106 sh (-2.23%)
HOTCHKIS & WILEY 1,095,371 sh (-7.57%)
Paul Tudor Jones 21,107 sh (-42.98%)
» More
Q4 2014

CIT Guru Trades in Q4 2014

Jim Simons 625,000 sh (+193.57%)
First Pacific Advisors 2,849,500 sh (+18.91%)
Steven Romick 2,697,700 sh (+18.76%)
John Keeley 270,626 sh (+5.67%)
NWQ Managers 2,207,981 sh (+3.52%)
James Barrow 8,040,130 sh (+0.99%)
Michael Price 455,000 sh (unchged)
Dodge & Cox Sold Out
HOTCHKIS & WILEY 1,009,271 sh (-7.86%)
Chuck Royce 19,500 sh (-13.33%)
Paul Tudor Jones 15,183 sh (-28.07%)
Pioneer Investments 437,036 sh (-37.83%)
Ray Dalio 5,900 sh (-67.22%)
» More
Q1 2015

CIT Guru Trades in Q1 2015

Steven Romick 3,312,900 sh (+22.80%)
» More
» Details

Insider Trades

Latest Guru Trades with CIT

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Guru Investment Theses on CIT Group Inc

KEELEY Mid Cap Dividend Value Fund Comments on CIT Group Inc - Jul 30, 2014

Although the Fund did not have any one company have a major impact on results during the quarter, CIT Group Inc. (CIT) was the top detractor after falling over 6 percent and costing the Fund 10 basis points in performance. Shares of the mid-market financing and leasing company dropped in late April after announcing earnings that were below expectations. The earnings miss was primarily due to lower interest income and a rise in provisions for credit losses. We continue to believe the company is well positioned in the current environment and their access to low-cost debt should foster future growth.

From John Keeley (Trades, Portfolio)’s KEELEY Mid Cap Dividend Value Fund Second Quarter 2014 Commentary.

Check out John Keeley latest stock trades

Top Ranked Articles about CIT Group Inc

Steven Romick Buys 1 New Stock in First Quarter, Adds to 10 More
Steven Romick (Trades, Portfolio) manages the Crescent Fund at First Pacific Advisers, a company with $33 billion in assets. Read more...
Financial Services Holdings Influence NWQ Managers' Portfolio in Third Quarter
At its website, NWQ Managers (Trades, Portfolio), a value-oriented money management firm, says it “focuses on understanding individual companies as businesses rather than simply as stocks by conducting independent research,” and its “process is fluid and dynamic” in which “portfolios are constantly monitored using and strictly adhering to our research and analyst-driven process.” Read more...
KEELEY Mid Cap Dividend Value Fund Comments on CIT Group Inc
Although the Fund did not have any one company have a major impact on results during the quarter, CIT Group Inc. (CIT) was the top detractor after falling over 6 percent and costing the Fund 10 basis points in performance. Shares of the mid-market financing and leasing company dropped in late April after announcing earnings that were below expectations. The earnings miss was primarily due to lower interest income and a rise in provisions for credit losses. We continue to believe the company is well positioned in the current environment and their access to low-cost debt should foster future growth. Read more...
Morning Coffee: Widely Held Guru Stocks Near 52-Week Lows
This morning we are going to take a look at stocks that are widely held by the gurus and trading near their 52-week lows: Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 8.00
CIT's P/E(ttm) is ranked higher than
90% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 25.30 vs. CIT: 8.00 )
CIT' s 10-Year P/E(ttm) Range
Min: 4.04   Max: 540.91
Current: 8

4.04
540.91
Forward P/E 11.92
CIT's Forward P/E is ranked higher than
89% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. CIT: 11.92 )
N/A
PE(NRI) 8.40
CIT's PE(NRI) is ranked higher than
91% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 26.10 vs. CIT: 8.40 )
CIT' s 10-Year PE(NRI) Range
Min: 4.04   Max: 520.63
Current: 8.4

4.04
520.63
P/B 1.00
CIT's P/B is ranked higher than
78% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 2.19 vs. CIT: 1.00 )
CIT' s 10-Year P/B Range
Min: 0.65   Max: 1.19
Current: 1

0.65
1.19
P/S 3.58
CIT's P/S is ranked higher than
64% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 4.11 vs. CIT: 3.58 )
CIT' s 10-Year P/S Range
Min: 2.36   Max: 10.91
Current: 3.58

2.36
10.91
POCF 7.12
CIT's POCF is ranked higher than
88% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. CIT: 7.12 )
CIT' s 10-Year POCF Range
Min: 4.99   Max: 16.78
Current: 7.12

4.99
16.78
EV-to-EBIT 28.92
CIT's EV-to-EBIT is ranked higher than
73% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 36.50 vs. CIT: 28.92 )
CIT' s 10-Year EV-to-EBIT Range
Min: -406.4   Max: 310.8
Current: 28.92

-406.4
310.8
Shiller P/E 34.10
CIT's Shiller P/E is ranked higher than
80% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. CIT: 34.10 )
CIT' s 10-Year Shiller P/E Range
Min: 31.08   Max: 544.56
Current: 34.1

31.08
544.56
Days Sales Outstanding 80.23
CIT's Days Sales Outstanding is ranked higher than
74% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 344.00 vs. CIT: 80.23 )
CIT' s 10-Year Days Sales Outstanding Range
Min: 59.37   Max: 4891.26
Current: 80.23

59.37
4891.26

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.15
CIT's Dividend Yield is ranked lower than
68% of the 228 Companies
in the Global Credit Services industry.

( Industry Median: 2.11 vs. CIT: 1.15 )
CIT' s 10-Year Dividend Yield Range
Min: 0.19   Max: 1.14
Current: 1.15

0.19
1.14
Dividend Payout 0.09
CIT's Dividend Payout is ranked higher than
97% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 0.00 vs. CIT: 0.09 )
CIT' s 10-Year Dividend Payout Range
Min: 0.03   Max: 0.08
Current: 0.09

0.03
0.08
Yield on cost (5-Year) 1.20
CIT's Yield on cost (5-Year) is ranked lower than
74% of the 231 Companies
in the Global Credit Services industry.

( Industry Median: 2.88 vs. CIT: 1.20 )
CIT' s 10-Year Yield on cost (5-Year) Range
Min: 0.19   Max: 1.14
Current: 1.2

0.19
1.14
Share Buyback Rate 1.90
CIT's Share Buyback Rate is ranked higher than
83% of the 208 Companies
in the Global Credit Services industry.

( Industry Median: -1.70 vs. CIT: 1.90 )
CIT' s 10-Year Share Buyback Rate Range
Min: 20.5   Max: -25.3
Current: 1.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.00
CIT's Price/Tangible Book is ranked higher than
81% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 2.50 vs. CIT: 1.00 )
CIT' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 1.21
Current: 1

0.7
1.21
Price/Median PS Value 0.90
CIT's Price/Median PS Value is ranked higher than
82% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 1.30 vs. CIT: 0.90 )
CIT' s 10-Year Price/Median PS Value Range
Min: 0.75   Max: 2.16
Current: 0.9

0.75
2.16
Price/Graham Number 0.60
CIT's Price/Graham Number is ranked higher than
93% of the 455 Companies
in the Global Credit Services industry.

( Industry Median: 21.50 vs. CIT: 0.60 )
CIT' s 10-Year Price/Graham Number Range
Min: 0.61   Max: 2.84
Current: 0.6

0.61
2.84
Earnings Yield (Greenblatt) 3.50
CIT's Earnings Yield (Greenblatt) is ranked higher than
63% of the 367 Companies
in the Global Credit Services industry.

( Industry Median: 4.00 vs. CIT: 3.50 )
CIT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.3   Max: 3.8
Current: 3.5

0.3
3.8
Forward Rate of Return (Yacktman) -40.83
CIT's Forward Rate of Return (Yacktman) is ranked higher than
55% of the 150 Companies
in the Global Credit Services industry.

( Industry Median: 8.00 vs. CIT: -40.83 )
CIT' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -19.9   Max: -7.6
Current: -40.83

-19.9
-7.6

Business Description

Industry: Credit Services » Credit Services
Compare: » details
Traded in other countries:QIT1.Germany,
CIT Group Inc was originally incorporated in Delaware on March 12, 2001 as T-Sub Inc. The Company provides financing, leasing and advisory services principally to middle market companies in industries primarily in North America, and equipment financing and leasing solutions to the transportation industry worldwide. The Company's principal product and service offerings include Account receivables collection, Acquisition and expansion financing, Asset management and servicing, Asset-based loans, Credit protection, Debt restructuring, Debt underwriting and syndication, Debtor-in-possession / turnaround financing, Deposits, Enterprise value and cash flow loans, Factoring services, Financial risk management, Import and export financing, Insurance services, Equipment leases, Letters of credit / trade acceptances, Mergers and acquisition advisory services (M&A), and Secured lines of credit. It operates through the following segments, Transportation & International Finance, and North American Commercial Finance. The Transportation & International Finance segment includes the following divisions, Aerospace, Rail, Maritime Finance, and International Finance. The markets and services under this segment include large ticket equipment leasing and secured financing to select transportation industries; and Equipment finance and secured lending in select international geographies. The North American Commercial Finance segment includes the following divisions, Commercial Services, Corporate Finance, Equipment Finance, and Real Estate Finance. The markets and services under this segment include factoring, receivables management products and secured financing to retail supply chain companies; and lending, leasing and other financial and advisory services to small and middle-market companies across select industries. The geographic areas of operation of the Company include USA, Europe, and Other foreign. The Company sources business through marketing efforts directly to borrowers, lessees, manufacturers, vendors and distributors, and through referral sources and other intermediaries. It also buys participations in syndications of loans and lines of credit and periodically purchase finance receivables on a whole-loan basis. The Company's competitors include global and domestic commercial banks, regional and community banks, captive finance companies, and leasing companies. The Company is regulated by federal and state banking laws, regulations and policies.
» More Articles for CIT

Headlines

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