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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) Q3 Earnings Meet Estimates, Stock Falls 1.2%

Decline in expenses and rise in non-interest income support CIT Group's (CIT) Q3 earnings, while higher credit costs and a fall in interest income hurt.

CIT Group (CIT) Matches Q3 Earnings Estimates

CIT (CIT) delivered earnings and revenue surprises of 0.00% and -3.25%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

CIT Group (CIT) Q3 Earnings Preview: Here's What to Look Out For

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.

Why Is CIT Group (CIT) Up 4.3% Since Last Earnings Report?

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

    LendingClub (LC) Q2 Loss Narrows, Revenues Top Estimates

    LendingClub's (LC) Q2 loss reflects rise in operating expenses, along with decline in loan balances. However, revenues continue to improve year over year.

      CIT Group (CIT) Up 1% on Q2 Earnings Beat, Provisions Surge

      CIT Group's (CIT) Q2 earnings reflect strong fundamentals and improved efficiency from streamlining initiatives.

        CIT Group (CIT) Tops Q2 Earnings and Revenue Estimates

        CIT (CIT) delivered earnings and revenue surprises of 3.09% and 8.49%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

          CIT Group (CIT) Up 5.4% Since Earnings Report: Can It Continue?

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

            Fidelity National (FIS) Beats on Q1 Earnings, Revises View

            Fidelity National Information Services (FIS) Q1 results benefit from decline in expenses and improved margins.

              Synchrony Financial (SYF) Q1 Earnings: What's in the Cards?

              Synchrony Financial's (SYF) Q1 earnings are likely to be affected by rising allowance for loan losses. However, higher deposit growth along with interest and fees on loans might drive results.

                CIT Group's (CIT) Outlook Upgraded to Positive by Moody's

                CIT Group's (CIT) strong fundamentals and efforts to improve efficiency will go a long way in supporting profitability. These are the primary reasons for an outlook upgrade by Moody's.

                  Why CIT Group (CIT) Might Surprise This Earnings Season

                  Given that CIT Group (CIT) has a favorable Zacks rank and an ESP in positive territory, investors might want to consider this stock ahead of earnings.

                    Will Top-Line Growth Aid Total System (TSS) Earnings in Q4?

                    Total Systems' (TSS) earnings are likely to be aided by revenue growth across all its segments.

                      AmEx (AXP) Q4 Earnings Beat Estimates Sans Tax Reform Charge

                      American Express' (AXP) Q4 earnings ride on higher billed business, greater Card Member spending and higher cards in force.

                        AmEx (AXP) Q4 Earnings to be Thwarted by Tax Reform Charge

                        American Express (AXP) earnings to suffer from tax charge, growth in net revenues, increase in cards in force to aid results.

                          Can CIT Group (CIT) Keep the Earnings Streak Alive This Quarter?

                          Favorable Zacks rank and positive earnings ESP strengthen CIT Group's (CIT) potential for an upcoming earnings beat.

                            Is CIT Group (CIT) a Great Stock for Value Investors?

                            CIT Group (CIT) is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front.

                              Top Ranked Value Stocks to Buy for November 1st

                              Here are four stocks with buy rank and strong value characteristics for investors to consider today, November 1st:

                                CIT Group's (CIT) Stock Down 3.9% Despite Q3 Earnings Beat

                                Following third-quarter 2017 results, CIT Group's (CIT) shares declined 3.9%, on concerns over declining revenues.

                                  American Express (AXP) Q3 Earnings Top & Grow Y/Y, View Up

                                  American Express' (AXP) third-quarter earnings reflect improved net interest income and increased Card Member spending. The company raised its 2017 guidance.

                                    CIT Group (CIT) Down 9.5% Since Earnings Report: Can It Rebound?

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

                                      CIT Group's (CIT) Q2 Earnings Improve Y/Y on Lower Costs

                                      Lower expenses offset a fall in revenues for CIT Group (CIT) in Q2 earnings. Lower provisions also act as tailwind.

                                        Should You Buy CIT Group (CIT) Ahead of Earnings?

                                        Investors are always looking for stocks that are poised to beat at earnings season and CIT Group Inc. (CIT) may be one such company.

                                          Moody's (MCO) Beats Q2 Earnings Expectations, Guides Up

                                          Moody's (MCO) Q2 earnings reflect strong issuance volume. Further, driven by impressive first half results, it revised 2017 outlook upward.

                                            United Technologies (UTX) Q2 Earnings: Is a Beat in Store?

                                            United Technologies (UTX) continues to secure various deals across all of its segments, which will have a positive impact on its revenues in the second quarter.