CIT:NYE-CIT Group Inc (USD)

COMMON STOCK | Banks-Regional | NYE

Last Closing Price

USD 51.00

Change

-2.53 (-4.73)%

Market Cap

USD 5.30B

Volume

2.30M

Average Target Price

USD 44.81 (-12.13%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

CIT Group Inc. operates as the holding company for CIT Bank, N.A. that provides banking and related services to commercial and individual customers. The company operates through Commercial Banking and Consumer Banking segments. The Commercial Banking segment provides a range of commercial lending, leasing, and deposit products; loans comprising revolving lines of credit, term loans, unsecured loans, collateral-backed loans, asset-based loans, commercial real estate loans, and cash flow loans; and ancillary services and products, including cash management, capital markets, and advisory services primarily to small and middle market companies. This segment also offers asset management, factoring, receivable management, and secured financing services; supply chain financing, leasing and equipment financing to small businesses and middle market, and railroads and shippers. The Consumer Banking segment provides checking, savings, money market, and individual retirement accounts; time deposits and certificates of deposit; residential mortgage loans; small business administration loans; payment solutions; and fiduciary services. The company also offers leasing and advisory, and online banking services. It operates through a network of approximately 60 branches located in southern California. CIT Group Inc. was founded in 1908 and is based in New York, New York.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-05 )

Largest Industry Peers for Banks-Regional

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
HDB HDFC Bank Limited

+0.65 (+0.94%)

USD104.38B 178.10 N/A
USB-PH U.S. Bancorp

-0.02 (-0.08%)

USD100.49B 6.44 N/A
USB U.S. Bancorp

-0.21 (-0.35%)

USD90.72B 15.99 N/A
USB-PP U.S. Bancorp

-0.22 (-0.78%)

USD87.74B 7.38 N/A
PNC The PNC Financial Services Gro..

+1.29 (+0.67%)

USD82.16B 10.10 N/A
USB-PO U.S. Bancorp

N/A

USD81.31B 8.27 N/A
USB-PM U.S. Bancorp

N/A

USD78.55B 6.87 N/A
PNC-PQ The PNC Financial Services Gro..

N/A

USD58.78B 2.14 N/A
IBN ICICI Bank Limited

+0.35 (+2.19%)

USD54.46B 22.04 N/A
ITUB Itaú Unibanco Holding S.A

+0.18 (+3.67%)

USD45.64B 13.84 N/A

ETFs Containing CIT

Symbol Name Weight Mer Price(Change) Market Cap
KRU PROSHARES ULTRA S&P REGIO.. 0.00 % 0.00 %

N/A

USD6.64M
MNA IQ Merger Arbitrage ETF 0.00 % 0.77 %

-0.08 (-0.24%)

USD0.73B
UBUM:F UBS (Irl) ETF plc â&.. 0.00 % 0.30 %

+0.09 (+1.05%)

USD0.13B
UBUM:XETRA UBS (Irl) ETF plc â&.. 0.00 % 0.30 %

+0.09 (+1.03%)

USD0.13B

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Regional)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 42.06% 89% B+ 90% A-
Dividend Return 0.97% 36% F 49% F
Total Return 43.04% 89% B+ 90% A-
Trailing 12 Months  
Capital Gain 240.68% 99% A+ 95% A
Dividend Return 9.35% 100% A+ 88% B+
Total Return 250.03% 99% A+ 95% A
Trailing 5 Years  
Capital Gain 57.36% 58% F 64% D
Dividend Return 14.75% 42% F 50% F
Total Return 72.11% 61% D- 63% D
Average Annual (5 Year Horizon)  
Capital Gain 2.86% 73% C 51% F
Dividend Return 2.29% 55% F 54% F
Total Return 5.15% 71% C- 49% F
Risk Return Profile  
Volatility (Standard Deviation) 48.65% 4% F 16% F
Risk Adjusted Return 10.58% 40% F 28% F
Market Capitalization 5.30B 57% F 74% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks-Regional)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 18.70 17% F 48% F
Price/Book Ratio 1.00 76% C 76% C
Price / Cash Flow Ratio 11.04 44% F 42% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 5.36% 14% F 48% F
Return on Invested Capital -5.05% 5% F 15% F
Return on Assets 0.54% 13% F 27% F
Debt to Equity Ratio 102.00% 22% F 37% F
Technical Ratios  
Short Ratio 4.83 23% F 16% F
Short Percent 5.98% 3% F 41% F
Beta 1.57 27% F 23% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector