CIT:NYE-CIT Group Inc (USD)

COMMON STOCK | Banks-Regional | NYE

Last Closing Price

USD 47.93

Change

-0.17 (-0.35)%

Market Cap

USD 4.75B

Volume

1.21M

Average Target Price

USD 38.10 (-20.51%)
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: 2021-02-24 )

Largest Industry Peers for Banks-Regional

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

+2.63 (+3.29%)

USD115.49B 152.14 N/A
USB-PH U.S. Bancorp

-0.32 (-1.34%)

USD98.40B 7.81 N/A
USB-PP U.S. Bancorp

-0.12 (-0.45%)

USD84.27B 8.78 N/A
USB-PO U.S. Bancorp

N/A

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

+0.01 (+0.04%)

USD79.13B 8.57 N/A
USB U.S. Bancorp

+1.20 (+2.33%)

USD77.78B 16.87 N/A
PNC The PNC Financial Services Gro..

+5.26 (+3.04%)

USD73.45B 10.21 N/A
IBN ICICI Bank Limited

+0.42 (+2.43%)

USD59.14B 49.60 N/A
PNC-PQ The PNC Financial Services Gro..

N/A

USD58.78B 2.14 N/A
ITUB Itaú Unibanco Holding S.A

-0.05 (-1.00%)

USD48.36B 7.81 N/A

ETFs Containing CIT

Symbol Name Weight Mer Price(Change) Market Cap
FGD First Trust Dow Jones Glo.. 0.00 % 0.57 %

+0.26 (+1.07%)

USD0.39B
KRU PROSHARES ULTRA S&P REGIO.. 0.00 % 0.00 %

N/A

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

-0.06 (-0.18%)

USD0.74B
UBUM:F UBS (Irl) ETF plc â&.. 0.00 % 0.30 %

+0.01 (+0.11%)

USD0.05B
UBUM:XETRA UBS (Irl) ETF plc â&.. 0.00 % 0.30 %

+0.05 (+0.62%)

USD0.05B

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 33.51% 93% A 90% A-
Dividend Return 0.97% 68% D+ 57% F
Total Return 34.48% 94% A 90% A-
Trailing 12 Months  
Capital Gain 14.28% 66% D 55% F
Dividend Return 3.34% 47% F 59% F
Total Return 17.62% 64% D 57% F
Trailing 5 Years  
Capital Gain 59.77% 60% D- 62% D-
Dividend Return 15.93% 40% F 50% F
Total Return 75.70% 59% F 61% D-
Average Annual (5 Year Horizon)  
Capital Gain -2.77% 35% F 29% F
Dividend Return 2.03% 56% F 51% F
Total Return -0.74% 36% F 27% F
Risk Return Profile  
Volatility (Standard Deviation) 30.55% 17% F 21% F
Risk Adjusted Return -2.43% 39% F 29% F
Market Capitalization 4.75B 50% F 73% 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 3.28 98% A+ 95% A
Price/Book Ratio 0.82 81% B- 85% B
Price / Cash Flow Ratio 9.88 30% F 42% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -10.20% 3% F 22% F
Return on Invested Capital -5.05% 4% F 16% F
Return on Assets -1.13% 5% F 17% F
Debt to Equity Ratio 102.00% 23% F 36% F
Technical Ratios  
Short Ratio 4.30 26% F 18% F
Short Percent 5.38% 8% F 45% F
Beta 1.49 38% F 26% 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 earnings

The stock is trading low compared to its peers on a price to earning 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.

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:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

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.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.

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

Low Dividend Growth

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