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CIT Group Inc. (CIT)

(Delayed Data from NYSE)

$53.35 USD

53.35
390,941

+0.35 (0.66%)

Updated May 3, 2019 04:02 PM ET

After-Market: $53.38 (%) 5:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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NA

Industry: NA

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Zacks News

CIT Group (CIT) Stock Down 7.8% on Q1 Loss, Provisions Rise

CIT Group (CIT) witnesses significantly higher provisions in the first quarter of 2020.

CIT Group (CIT) Reports Q1 Loss, Tops Revenue Estimates

CIT (CIT) delivered earnings and revenue surprises of -392.77% and 10.56%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

CIT Group's Outlook Lowered by Moody's Amid Coronavirus Scare

Moody's Investors Service affirms ratings of CIT Group (CIT) and its bank subsidiary CIT Bank, NA. However, the rating firm's outlook for the bank has been downgraded to "stable".

Why Is CIT (CIT) Down 9.7% Since Last Earnings Report?

CIT (CIT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

MoneyGram (MGI) Q4 Earnings Beat, Revenues Miss Estimates

MoneyGram (MGI) Q4 earnings results reflect strong transaction growth in the non-US market.

CIT Group (CIT) Q4 Earnings Beat Estimates, Revenues Up Y/Y

CIT Group (CIT) witnesses higher revenues and lower provisions in the fourth quarter of 2019.

Kinjel Shah headshot

6 Value Stocks to Log Gains Using Price-to-Book Ratio

P/B ratio is emerging as a convenient tool for identifying low-priced stocks with high-growth prospects.

CIT Group (CIT) Tops Q4 Earnings and Revenue Estimates

CIT (CIT) delivered earnings and revenue surprises of 14.41% and 4.32%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

3 Top Dividend Stocks to Maximize Your Retirement Income - January 27, 2020

The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

Sapna Bagaria headshot

American Express (AXP) Q4 Earnings Beat on Higher Revenues

American Express (AXP) Q4 earnings reflect a well-balanced mix of growth in fee, spend and lend revenues.

MoneyGram (MGI) Collaborates With UAE-Based LuLu Financial

MoneyGram (MGI) teams up with LuLu Financial to expand services in Asia-Pacific.

3 Top Dividend Stocks to Maximize Your Retirement Income - January 20, 2020

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

CIT or OCSL: Which Is the Better Value Stock Right Now?

CIT vs. OCSL: Which Stock Is the Better Value Option?

Is CIT Group (CIT) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Kinjel Shah headshot

Buy These 6 Price-to-Book Value Stocks in 2020 for Gains

: P/B ratio is emerging as a convenient tool for identifying low-priced stocks with high-growth prospects.

3 Top Dividend Stocks to Maximize Your Retirement Income - January 13, 2020

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks - January 06, 2020

The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do? Thankfully, there are alternative investments that provide steady, higher-rate income streams to replace dwindling bond yields.

Here's Why CIT Group Stock is Worth Adding to Your Portfolio

Business restructuring initiatives and strong domestic economy are expected to continue supporting CIT Group (CIT).

CIT Group Completes Mutual of Omaha Bank Buyout for $1B

The acquisition of Mutual of Omaha Bank is likely to be accretive to CIT Group's (CIT) earnings, going forward.

Here's Why You Should Hold on to CIT Group Stock for Now

Business streamlining efforts and solid capital position aid CIT Group (CIT). Yet, higher costs and poor asset quality remain concerns.

CIT Group Gets Regulatory Nod for Mutual of Omaha Bank Deal (Revised)

CIT Group (CIT) receives approval from the Office of the Comptroller of the Currency to acquire Mutual of Omaha Bank for $1 billion.

CIT (CIT) Down 0.1% Since Last Earnings Report: Can It Rebound?

CIT (CIT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Should Value Investors Consider CIT Group (CIT) Stock Now?

Let's see if CIT Group (CIT) stock is a good choice for value-oriented investors right now from multiple angles.

CIT Group Gets Regulatory Nod for Mutual of Omaha Bank Deal

CIT Group (CIT) receives approval from the Office of the Comptroller of the Currency to acquire Mutual of Omaha Bank for $1 billion.

CIT Group (CIT) Q3 Earnings Meet Estimates, Revenues Down Y/Y

CIT Group (CIT) witnesses lower revenues and higher expenses in the third quarter of 2019.