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

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

Are Investors Undervaluing CIT Group (CIT) 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.

Why Is CIT (CIT) Down 18.9% 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.

CIT Group (CIT) Ratings Affirmed by Moody's, Outlook Positive

Moody's affirms CIT Group (CIT) and its subsidiary's ratings. Moreover, the company's outlook remains positive.

CIT Group Inks Deal to Acquire Mutual of Omaha Bank for $1B

The acquisition of Mutual of Omaha Bank will help CIT Group (CIT) expand its commercial banking operations.

LendingClub (LC) Reports Loss in Q2, Revenues Improve Y/Y

LendingClub's (LC) Q2 earnings reflect lower expenses, higher revenue growth and upbeat outlook.

Sallie Mae (SLM) Q2 Earnings Beat Estimates as Revenues Rise

Sallie Mae's (SLM) second-quarter 2019 results reflect top-line strength, partly muted by higher expenses.

CIT Group (CIT) Up 1.9% on Q2 Earnings Beat, Revenues Down

Lower credit costs and higher interest income support CIT Group's (CIT) Q2 earnings. However, lower non-interest income is an undermining factor.

CIT Group (CIT) Q2 Earnings Surpass Estimates

CIT (CIT) delivered earnings and revenue surprises of 16.81% and -0.43%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

CIT Group (CIT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

CIT (CIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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

Let's see if CIT Group Inc. (CIT) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

First Midwest (FMBI) Cheers Investors With 17% Dividend Hike

First Midwest (FMBI) seems to have the potential to continue enhancing shareholder value on the back of earnings strength and improving operating backdrop.

LendingClub (LC) Stock Up 12.4% Despite Incurring Loss in Q1

Despite higher expenses, growth in revenues supports LendingClub???s (LC) Q1 results.

Hercules Capital (HTGC) Q1 Earnings Miss, Revenues Rise

Rise in revenues and improved investment portfolio support Hercules Capital's (HTGC) Q1 earnings. The company rewards shareholders with higher quarterly distribution.

CIT Group (CIT) Looks Good: Stock Adds 6.1% in Session

CIT Group (CIT) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

CIT Group (CIT) Stock Up 6.1% on Q1 Earnings Beat, Costs Down

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

CIT Group (CIT) Earnings Expected to Grow: Should You Buy?

CIT (CIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

FS Investment (FSK) Q4 Earnings Beat, Revenues Decrease

FS Investment (FSK) witnesses decline in costs and revenues in fourth-quarter 2018.

Hercules Capital's (HTGC) Q4 Earnings Beat, Revenues Rise

Higher revenues aid Hercules Capital's (HTGC) fourth-quarter 2018 results, but rising expenses remain a concern.

LendingClub (LC) Q4 Earnings Beat Estimates, Expenses Down

LendingClub (LC) witnesses higher revenues and lower expenses in the fourth quarter of 2018.

CIT Group (CIT) Stock Up 2.5% on Q4 Earnings Beat, Costs Down

While lower operating expenses support CIT Group's (CIT) fourth-quarter results, higher provisions and lower revenues remain drags.

CIT Group (CIT) Surpasses Q4 Earnings Estimates

CIT (CIT) delivered earnings and revenue surprises of 10.00% and -16.96%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

American Express (AXP) Q4 Earnings Lag Estimates, Stock Down

American Express (AXP) fourth-quarter results reflect lower-than-expected customer spending and higher rewards expenses.

CIT Group Inc. (CIT) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in CIT Group Inc. (CIT).

CIT (CIT) Up 0.8% Since Last Earnings Report: Can It Continue?

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