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Also traded in: Germany

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 : 4/10

vs
industry
vs
history
Cash-to-Debt 0.39
NYSE:CIT's Cash-to-Debt is ranked lower than
89% of the 1615 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.12 vs. NYSE:CIT: 0.39 )
Ranked among companies with meaningful Cash-to-Debt only.
NYSE:CIT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04  Med: 0.22 Max: 0.6
Current: 0.39
0.04
0.6
Equity-to-Asset 0.14
NYSE:CIT's Equity-to-Asset is ranked higher than
78% of the 1617 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.11 vs. NYSE:CIT: 0.14 )
Ranked among companies with meaningful Equity-to-Asset only.
NYSE:CIT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07  Med: 0.15 Max: 0.2
Current: 0.14
0.07
0.2
Debt-to-Equity 1.47
NYSE:CIT's Debt-to-Equity is ranked lower than
77% of the 1231 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.63 vs. NYSE:CIT: 1.47 )
Ranked among companies with meaningful Debt-to-Equity only.
NYSE:CIT' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.15  Med: 4.54 Max: 11.8
Current: 1.47
1.15
11.8
Debt-to-EBITDA 4.19
NYSE:CIT's Debt-to-EBITDA is ranked lower than
83% of the 1243 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.24 vs. NYSE:CIT: 4.19 )
Ranked among companies with meaningful Debt-to-EBITDA only.
NYSE:CIT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0  Med: 0 Max: 4.19
Current: 4.19
0
4.19
Beneish M-Score: -3.32
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 : 4/10

vs
industry
vs
history
Net Margin % 15.45
NYSE:CIT's Net Margin % is ranked lower than
62% of the 1630 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 22.23 vs. NYSE:CIT: 15.45 )
Ranked among companies with meaningful Net Margin % only.
NYSE:CIT' s Net Margin % Range Over the Past 10 Years
Min: -94.6  Med: 14.9 Max: 64.49
Current: 15.45
-94.6
64.49
ROE % 4.76
NYSE:CIT's ROE % is ranked lower than
71% of the 1631 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.44 vs. NYSE:CIT: 4.76 )
Ranked among companies with meaningful ROE % only.
NYSE:CIT' s ROE % Range Over the Past 10 Years
Min: -37.97  Med: 2.73 Max: 12.5
Current: 4.76
-37.97
12.5
ROA % 0.73
NYSE:CIT's ROA % is ranked lower than
52% of the 1634 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.87 vs. NYSE:CIT: 0.73 )
Ranked among companies with meaningful ROA % only.
NYSE:CIT' s ROA % Range Over the Past 10 Years
Min: -3.27  Med: 0.55 Max: 2.36
Current: 0.73
-3.27
2.36
3-Year Revenue Growth Rate 18.40
NYSE:CIT's 3-Year Revenue Growth Rate is ranked higher than
91% of the 1453 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 4.40 vs. NYSE:CIT: 18.40 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
NYSE:CIT' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -45  Med: -3.4 Max: 26.8
Current: 18.4
-45
26.8
3-Year EPS without NRI Growth Rate -24.80
NYSE:CIT's 3-Year EPS without NRI Growth Rate is ranked lower than
93% of the 1339 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.60 vs. NYSE:CIT: -24.80 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
NYSE:CIT' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 0  Med: -543.9 Max: 270.8
Current: -24.8
0
270.8
GuruFocus has detected 2 Warning Signs with CIT Group Inc NYSE:CIT.
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» NYSE:CIT's 30-Y Financials

Financials (Next Earnings Date: 2018-07-25)


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q3 2017

CIT Guru Trades in Q3 2017

Caxton Associates 11,500 sh (New)
Paul Tudor Jones 17,487 sh (New)
Michael Price 540,000 sh (+18.68%)
First Pacific Advisors 10,787,084 sh (-1.44%)
Steven Romick 8,913,170 sh (-1.97%)
HOTCHKIS & WILEY 3,281,697 sh (-2.57%)
NWQ Managers 3,585,509 sh (-12.33%)
Howard Marks 100,000 sh (-70.64%)
» More
Q4 2017

CIT Guru Trades in Q4 2017

Jim Simons 426,300 sh (New)
Pioneer Investments 175,513 sh (New)
Michael Price 545,000 sh (+0.93%)
First Pacific Advisors 10,824,256 sh (+0.34%)
Steven Romick 8,913,170 sh (unchged)
Caxton Associates Sold Out
Howard Marks Sold Out
NWQ Managers 3,511,743 sh (-2.06%)
HOTCHKIS & WILEY 3,128,470 sh (-4.67%)
Paul Tudor Jones 15,526 sh (-11.21%)
» More
Q1 2018

CIT Guru Trades in Q1 2018

Caxton Associates 9,239 sh (New)
Pioneer Investments 251,998 sh (+43.58%)
Michael Price 545,000 sh (unchged)
Paul Tudor Jones Sold Out
HOTCHKIS & WILEY 3,051,670 sh (-2.45%)
NWQ Managers 3,245,392 sh (-7.58%)
Steven Romick 7,771,771 sh (-12.81%)
First Pacific Advisors 9,386,475 sh (-13.28%)
Jim Simons 156,370 sh (-63.32%)
» More
Q2 2018

CIT Guru Trades in Q2 2018

Steven Romick 7,771,771 sh (unchged)
» More
» Details

Insider Trades

Financial Reports

8-K Current report
2018/06/28
8-K Current report
2018/06/13
8-K Current report
2018/05/31
8-K Current report
2018/05/08
8-K Current report
2018/04/26
8-K Current report
2018/04/24
8-K Current report
2018/04/16
8-K Current report
2018/03/08
8-K Current report
2018/03/06

Latest Guru Trades with CIT

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
NWQ Managers 2018-03-31 Reduce -7.58%0.19%$49.66 - $55.78 $ 51.87-1%3,245,392
HOTCHKIS & WILEY 2018-03-31 Reduce -2.45%0.01%$49.66 - $55.78 $ 51.87-1%3,051,670
NWQ Managers 2017-12-31 Reduce -2.06%0.05%$44.69 - $51.51 $ 51.877%3,511,743
HOTCHKIS & WILEY 2017-12-31 Reduce -4.67%0.03%$44.69 - $51.51 $ 51.877%3,128,470
Michael Price 2017-12-31 Add 0.93%0.03%$44.69 - $51.51 $ 51.877%545,000
NWQ Managers 2017-09-30 Reduce -12.33%0.34%$43.3 - $50.16 $ 51.8710%3,585,509
HOTCHKIS & WILEY 2017-09-30 Reduce -2.57%0.02%$43.3 - $50.16 $ 51.8710%3,281,697
Michael Price 2017-09-30 Add 18.68%0.58%$43.3 - $50.16 $ 51.8710%540,000
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
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Business Description

Industry: Banks » Banks - Regional - US    NAICS: 522110    SIC: 6022
Compare:NAS:CBSH, NAS:PACW, NAS:BOKF, NAS:SBNY, NAS:PBCT, NYSE:SNV, NYSE:WAL, NYSE:CFR, XPTY:BGFG, NYSE:FHN, NAS:OZRK, NYSE:WBS, NYSE:STL, NAS:UMPQ, NAS:FCNCA, NAS:WTFC, NYSE:PB, NAS:PNFP, NAS:TCBI, NAS:BPOP » details
Traded in other countries:QIT1.Germany,
Headquarter Location:USA
CIT Group Inc is a banking corporation provides financing, leasing and advisory services to middle-market companies in a diverse group of industries. The group offers retail banking through its subsidiary. It also syndicates and sells finance receivables.

CIT Group is a banking holding company and a financial holding company operating primarily in North America. It provides financing, leasing, and advisory services primarily to middle-market companies in a diverse group of industries. The company's banking subsidiary mostly operates in Southern California and offers both commercial and retail banking services. The company sources its commercial lending business through direct marketing to customers, vendors, and distributors, among other parties. The company generates revenue by earning interest on loans and investments, as well as commission, fees, and rental income on leased equipment and other financial services. The company also syndicates and sells finance receivables.

Ratios

vs
industry
vs
history
PE Ratio 18.52
CIT's PE Ratio is ranked lower than
64% of the 1497 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.27 vs. CIT: 18.52 )
Ranked among companies with meaningful PE Ratio only.
CIT' s PE Ratio Range Over the Past 10 Years
Min: 3.77  Med: 13.96 Max: 595
Current: 18.52
3.77
595
Forward PE Ratio 13.50
CIT's Forward PE Ratio is ranked higher than
62% of the 443 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.87 vs. CIT: 13.50 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
PE Ratio without NRI 23.48
CIT's PE Ratio without NRI is ranked lower than
87% of the 1499 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.29 vs. CIT: 23.48 )
Ranked among companies with meaningful PE Ratio without NRI only.
CIT' s PE Ratio without NRI Range Over the Past 10 Years
Min: 3.77  Med: 15.56 Max: 2059.5
Current: 23.48
3.77
2059.5
PB Ratio 1.00
CIT's PB Ratio is ranked higher than
58% of the 1612 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.24 vs. CIT: 1.00 )
Ranked among companies with meaningful PB Ratio only.
CIT' s PB Ratio Range Over the Past 10 Years
Min: 0.01  Med: 0.92 Max: 1.19
Current: 1
0.01
1.19
PS Ratio 2.98
CIT's PS Ratio is ranked higher than
51% of the 1570 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.56 vs. CIT: 2.98 )
Ranked among companies with meaningful PS Ratio only.
CIT' s PS Ratio Range Over the Past 10 Years
Min: 0.07  Med: 3.76 Max: 10.9
Current: 2.98
0.07
10.9
Price-to-Free-Cash-Flow 19.08
CIT's Price-to-Free-Cash-Flow is ranked lower than
99.99% of the 882 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.66 vs. CIT: 19.08 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
CIT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 9.08  Med: 15.31 Max: 20.36
Current: 19.08
9.08
20.36
Price-to-Operating-Cash-Flow 19.08
CIT's Price-to-Operating-Cash-Flow is ranked lower than
77% of the 960 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.67 vs. CIT: 19.08 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
CIT' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.05  Med: 7.83 Max: 20.36
Current: 19.08
0.05
20.36
EV-to-Revenue 5.32
CIT's EV-to-Revenue is ranked lower than
69% of the 1276 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 4.24 vs. CIT: 5.32 )
Ranked among companies with meaningful EV-to-Revenue only.
CIT' s EV-to-Revenue Range Over the Past 10 Years
Min: 5.3  Med: 10.45 Max: 37.6
Current: 5.32
5.3
37.6
Shiller PE Ratio 124.16
CIT's Shiller PE Ratio is ranked lower than
99% of the 520 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 21.59 vs. CIT: 124.16 )
Ranked among companies with meaningful Shiller PE Ratio only.
CIT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.15  Med: 67.32 Max: 383.92
Current: 124.16
9.15
383.92

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 1.21
CIT's Dividend Yield % is ranked lower than
82% of the 2465 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.51 vs. CIT: 1.21 )
Ranked among companies with meaningful Dividend Yield % only.
CIT' s Dividend Yield % Range Over the Past 10 Years
Min: 0.19  Med: 1.25 Max: 2.26
Current: 1.21
0.19
2.26
Dividend Payout Ratio 0.32
CIT's Dividend Payout Ratio is ranked lower than
59% of the 1418 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.34 vs. CIT: 0.32 )
Ranked among companies with meaningful Dividend Payout Ratio only.
CIT' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03  Med: 0.15 Max: 0.4
Current: 0.32
0.03
0.4
3-Year Dividend Growth Rate 6.90
CIT's 3-Year Dividend Growth Rate is ranked higher than
52% of the 836 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.30 vs. CIT: 6.90 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
CIT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: 0 Max: 81.7
Current: 6.9
0
81.7
Forward Dividend Yield % 1.23
CIT's Forward Dividend Yield % is ranked lower than
86% of the 2426 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.75 vs. CIT: 1.23 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 1.21
CIT's 5-Year Yield-on-Cost % is ranked lower than
88% of the 2826 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.25 vs. CIT: 1.21 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
CIT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.19  Med: 1.25 Max: 2.26
Current: 1.21
0.19
2.26
3-Year Average Share Buyback Ratio 10.10
CIT's 3-Year Average Share Buyback Ratio is ranked higher than
99% of the 1082 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -2.20 vs. CIT: 10.10 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
CIT' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -12.6  Med: 0.5 Max: 11.1
Current: 10.1
-12.6
11.1

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.06
CIT's Price-to-Tangible-Book is ranked higher than
58% of the 1603 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.33 vs. CIT: 1.06 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
CIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64  Med: 0.99 Max: 1.21
Current: 1.06
0.64
1.21
Price-to-Median-PS-Value 0.79
CIT's Price-to-Median-PS-Value is ranked higher than
78% of the 1419 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 9999.00 vs. CIT: 0.79 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
CIT' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.7  Med: 1.01 Max: 2.2
Current: 0.79
0.7
2.2
Price-to-Graham-Number 1.05
CIT's Price-to-Graham-Number is ranked lower than
75% of the 1378 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.99 vs. CIT: 1.05 )
Ranked among companies with meaningful Price-to-Graham-Number only.
CIT' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.41  Med: 0.92 Max: 7.72
Current: 1.05
0.41
7.72

More Statistics

Revenue (TTM) (Mil) $2,493.80
EPS (TTM) $ 2.80
Beta1.33
Volatility17.44%
52-Week Range $43.25 - 56.14
Shares Outstanding (Mil)127.07

Analyst Estimate

Dec18 Dec19 Dec20
Revenue (Mil $) 2,075 2,048 1,971
EBIT (Mil $)
EBITDA (Mil $)
EPS ($) 3.80 4.65 5.90
EPS without NRI ($) 3.80 4.65 5.90
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($) 0.64 0.64 0.64

Piotroski F-Score Details

Piotroski F-Score: ----
Positive ROAN
Positive CFROAN
Higher ROA yoyN
CFROA > ROAN
Lower Leverage yoyN
Higher Current Ratio yoyN
Less Shares Outstanding yoyN
Higher Gross Margin yoyN
Higher Asset Turnover yoyN

Personalized Checklist

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