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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.39
CIT's Cash to Debt is ranked higher than
64% of the 1587 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.37 vs. CIT: 0.39 )
CIT' s 10-Year Cash to Debt Range
Min: 0.06   Max: 0.39
Current: 0.39

0.06
0.39
Equity to Asset 0.19
CIT's Equity to Asset is ranked higher than
95% of the 2016 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.09 vs. CIT: 0.19 )
CIT' s 10-Year Equity to Asset Range
Min: 0.08   Max: 0.2
Current: 0.19

0.08
0.2
Interest Coverage 0.63
CIT's Interest Coverage is ranked higher than
58% of the 1874 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.39 vs. CIT: 0.63 )
CIT' s 10-Year Interest Coverage Range
Min: 0.06   Max: 0.98
Current: 0.63

0.06
0.98
F-Score: 6
Z-Score: 0.35
WACC vs ROIC
8.64%
4.96%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry
vs
history
Operating margin (%) 26.88
CIT's Operating margin (%) is ranked higher than
71% of the 2048 Companies
in the Global Specialty Finance industry.

( Industry Median: 30.19 vs. CIT: 26.88 )
CIT' s 10-Year Operating margin (%) Range
Min: -309.57   Max: 37.87
Current: 26.88

-309.57
37.87
Net-margin (%) 44.42
CIT's Net-margin (%) is ranked higher than
96% of the 2048 Companies
in the Global Specialty Finance industry.

( Industry Median: 22.03 vs. CIT: 44.42 )
CIT' s 10-Year Net-margin (%) Range
Min: -174.64   Max: 44.51
Current: 44.42

-174.64
44.51
ROE (%) 12.75
CIT's ROE (%) is ranked higher than
90% of the 2051 Companies
in the Global Specialty Finance industry.

( Industry Median: 8.74 vs. CIT: 12.75 )
CIT' s 10-Year ROE (%) Range
Min: -37.12   Max: 14.58
Current: 12.75

-37.12
14.58
ROA (%) 2.41
CIT's ROA (%) is ranked higher than
96% of the 2054 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.79 vs. CIT: 2.41 )
CIT' s 10-Year ROA (%) Range
Min: -3.27   Max: 2.38
Current: 2.41

-3.27
2.38
ROC (Joel Greenblatt) (%) 4.74
CIT's ROC (Joel Greenblatt) (%) is ranked higher than
53% of the 2016 Companies
in the Global Specialty Finance industry.

( Industry Median: 80.18 vs. CIT: 4.74 )
CIT' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -34.75   Max: 13.18
Current: 4.74

-34.75
13.18
Revenue Growth (3Y)(%) 9.40
CIT's Revenue Growth (3Y)(%) is ranked higher than
91% of the 1755 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.70 vs. CIT: 9.40 )
CIT' s 10-Year Revenue Growth (3Y)(%) Range
Min: -45   Max: 18.5
Current: 9.4

-45
18.5
EBITDA Growth (3Y)(%) 21.20
CIT's EBITDA Growth (3Y)(%) is ranked higher than
91% of the 1569 Companies
in the Global Specialty Finance industry.

( Industry Median: 6.20 vs. CIT: 21.20 )
CIT' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -51.3   Max: 53.5
Current: 21.2

-51.3
53.5
EPS Growth (3Y)(%) 333.20
CIT's EPS Growth (3Y)(%) is ranked higher than
100% of the 1604 Companies
in the Global Specialty Finance industry.

( Industry Median: 7.90 vs. CIT: 333.20 )
CIT' s 10-Year EPS Growth (3Y)(%) Range
Min: -12.8   Max: 565.7
Current: 333.2

-12.8
565.7
» CIT's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

CIT Guru Trades in Q1 2014

Paul Tudor Jones 28,938 sh (New)
Steven Cohen 969,030 sh (+5071.75%)
Chuck Royce 18,200 sh (+34.81%)
Michael Price 455,000 sh (+27.27%)
James Barrow 6,310,273 sh (+23.26%)
Steven Romick 2,505,300 sh (+16.86%)
First Pacific Advisors 2,738,000 sh (+16.19%)
John Keeley 299,576 sh (+5.32%)
Louis Moore Bacon 750,000 sh (unchged)
Joel Greenblatt Sold Out
Julian Robertson Sold Out
Pioneer Investments 390,982 sh (-34.42%)
Jim Simons 487,000 sh (-51.20%)
Louis Moore Bacon 75,000 sh (-86.49%)
» More
Q2 2014

CIT Guru Trades in Q2 2014

Caxton Associates 50,000 sh (New)
HOTCHKIS & WILEY 1,185,040 sh (New)
Louis Moore Bacon 334,400 sh (+345.87%)
Paul Tudor Jones 37,017 sh (+27.92%)
Chuck Royce 22,500 sh (+23.63%)
James Barrow 6,717,003 sh (+6.45%)
Louis Moore Bacon 700,000 sh (unchged)
Michael Price 455,000 sh (unchged)
Pioneer Investments 371,925 sh (-4.87%)
Steven Romick 2,271,600 sh (-9.33%)
John Keeley 261,946 sh (-12.56%)
First Pacific Advisors 2,379,200 sh (-13.10%)
Jim Simons 86,300 sh (-82.28%)
» More
Q3 2014

CIT Guru Trades in Q3 2014

NWQ Managers 2,133,003 sh (New)
Dodge & Cox 7,690 sh (New)
Ray Dalio 18,000 sh (New)
Jim Simons 212,900 sh (+146.70%)
James Barrow 7,961,470 sh (+18.53%)
First Pacific Advisors 2,396,300 sh (+0.72%)
Michael Price 455,000 sh (unchged)
Chuck Royce 22,500 sh (unchged)
Steven Romick 2,271,600 sh (unchged)
Louis Moore Bacon 200,000 sh (unchged)
Pioneer Investments 702,916 sh (unchged)
Louis Moore Bacon Sold Out
Caxton Associates Sold Out
John Keeley 256,106 sh (-2.23%)
HOTCHKIS & WILEY 1,095,371 sh (-7.57%)
Paul Tudor Jones 21,107 sh (-42.98%)
» More
Q4 2014

CIT Guru Trades in Q4 2014

Jim Simons 625,000 sh (+193.57%)
First Pacific Advisors 2,849,500 sh (+18.91%)
Steven Romick 2,697,700 sh (+18.76%)
John Keeley 270,626 sh (+5.67%)
NWQ Managers 2,207,981 sh (+3.52%)
James Barrow 8,040,130 sh (+0.99%)
Michael Price 455,000 sh (unchged)
Dodge & Cox Sold Out
HOTCHKIS & WILEY 1,009,271 sh (-7.86%)
Chuck Royce 19,500 sh (-13.33%)
Paul Tudor Jones 15,183 sh (-28.07%)
Pioneer Investments 437,036 sh (-37.83%)
Ray Dalio 5,900 sh (-67.22%)
» More
» Details

Insider Trades

Latest Guru Trades with CIT

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)



No Guru Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on CIT Group Inc

KEELEY Mid Cap Dividend Value Fund Comments on CIT Group Inc - Jul 30, 2014

Although the Fund did not have any one company have a major impact on results during the quarter, CIT Group Inc. (CIT) was the top detractor after falling over 6 percent and costing the Fund 10 basis points in performance. Shares of the mid-market financing and leasing company dropped in late April after announcing earnings that were below expectations. The earnings miss was primarily due to lower interest income and a rise in provisions for credit losses. We continue to believe the company is well positioned in the current environment and their access to low-cost debt should foster future growth.

From John Keeley (Trades, Portfolio)’s KEELEY Mid Cap Dividend Value Fund Second Quarter 2014 Commentary.

Check out John Keeley latest stock trades

Top Ranked Articles about CIT Group Inc

Financial Services Holdings Influence NWQ Managers' Portfolio in Third Quarter
At its website, NWQ Managers (Trades, Portfolio), a value-oriented money management firm, says it “focuses on understanding individual companies as businesses rather than simply as stocks by conducting independent research,” and its “process is fluid and dynamic” in which “portfolios are constantly monitored using and strictly adhering to our research and analyst-driven process.” Read more...
KEELEY Mid Cap Dividend Value Fund Comments on CIT Group Inc
Although the Fund did not have any one company have a major impact on results during the quarter, CIT Group Inc. (CIT) was the top detractor after falling over 6 percent and costing the Fund 10 basis points in performance. Shares of the mid-market financing and leasing company dropped in late April after announcing earnings that were below expectations. The earnings miss was primarily due to lower interest income and a rise in provisions for credit losses. We continue to believe the company is well positioned in the current environment and their access to low-cost debt should foster future growth. Read more...
Morning Coffee: Widely Held Guru Stocks Near 52-Week Lows
This morning we are going to take a look at stocks that are widely held by the gurus and trading near their 52-week lows: Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 7.40
CIT's P/E(ttm) is ranked higher than
95% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 18.10 vs. CIT: 7.40 )
CIT' s 10-Year P/E(ttm) Range
Min: 4.04   Max: 540.91
Current: 7.4

4.04
540.91
Forward P/E 10.94
CIT's Forward P/E is ranked higher than
84% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 18.08 vs. CIT: 10.94 )
N/A
PE(NRI) 7.90
CIT's PE(NRI) is ranked higher than
95% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 18.00 vs. CIT: 7.90 )
CIT' s 10-Year PE(NRI) Range
Min: 4.04   Max: 520.63
Current: 7.9

4.04
520.63
P/B 0.90
CIT's P/B is ranked higher than
84% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.35 vs. CIT: 0.90 )
CIT' s 10-Year P/B Range
Min: 0.65   Max: 1.19
Current: 0.9

0.65
1.19
P/S 3.29
CIT's P/S is ranked higher than
66% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 3.71 vs. CIT: 3.29 )
CIT' s 10-Year P/S Range
Min: 2.42   Max: 10.91
Current: 3.29

2.42
10.91
POCF 6.71
CIT's POCF is ranked higher than
90% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 48.59 vs. CIT: 6.71 )
CIT' s 10-Year POCF Range
Min: 4.99   Max: 16.78
Current: 6.71

4.99
16.78
EV-to-EBIT 28.23
CIT's EV-to-EBIT is ranked higher than
66% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 19.66 vs. CIT: 28.23 )
CIT' s 10-Year EV-to-EBIT Range
Min: -84.1   Max: 232.4
Current: 28.23

-84.1
232.4
Shiller P/E 31.40
CIT's Shiller P/E is ranked higher than
75% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.00 vs. CIT: 31.40 )
CIT' s 10-Year Shiller P/E Range
Min: 31.3   Max: 544.56
Current: 31.4

31.3
544.56
Days Sales Outstanding 80.23
CIT's Days Sales Outstanding is ranked higher than
81% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.00 vs. CIT: 80.23 )
CIT' s 10-Year Days Sales Outstanding Range
Min: 44.51   Max: 4891.26
Current: 80.23

44.51
4891.26

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.25
CIT's Dividend Yield is ranked lower than
78% of the 1923 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.36 vs. CIT: 1.25 )
CIT' s 10-Year Dividend Yield Range
Min: 0.19   Max: 1.14
Current: 1.25

0.19
1.14
Dividend Payout 0.09
CIT's Dividend Payout is ranked higher than
97% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 0.61 vs. CIT: 0.09 )
CIT' s 10-Year Dividend Payout Range
Min: 0.03   Max: 0.08
Current: 0.09

0.03
0.08
Yield on cost (5-Year) 1.20
CIT's Yield on cost (5-Year) is ranked lower than
76% of the 1933 Companies
in the Global Specialty Finance industry.

( Industry Median: 2.60 vs. CIT: 1.20 )
CIT' s 10-Year Yield on cost (5-Year) Range
Min: 0.19   Max: 1.14
Current: 1.2

0.19
1.14
Share Buyback Rate 1.90
CIT's Share Buyback Rate is ranked higher than
93% of the 1469 Companies
in the Global Specialty Finance industry.

( Industry Median: -1.20 vs. CIT: 1.90 )
CIT' s 10-Year Share Buyback Rate Range
Min: 20.5   Max: -25.3
Current: 1.9

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.90
CIT's Price/Tangible Book is ranked higher than
84% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.60 vs. CIT: 0.90 )
CIT' s 10-Year Price/Tangible Book Range
Min: 0.7   Max: 1.21
Current: 0.9

0.7
1.21
Price/Median PS Value 0.80
CIT's Price/Median PS Value is ranked higher than
93% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.30 vs. CIT: 0.80 )
CIT' s 10-Year Price/Median PS Value Range
Min: 0.74   Max: 2.14
Current: 0.8

0.74
2.14
Price/Graham Number 0.60
CIT's Price/Graham Number is ranked higher than
93% of the 2686 Companies
in the Global Specialty Finance industry.

( Industry Median: 1.23 vs. CIT: 0.60 )
CIT' s 10-Year Price/Graham Number Range
Min: 0.61   Max: 3.6
Current: 0.6

0.61
3.6
Earnings Yield (Greenblatt) 3.50
CIT's Earnings Yield (Greenblatt) is ranked higher than
58% of the 2041 Companies
in the Global Specialty Finance industry.

( Industry Median: 6.50 vs. CIT: 3.50 )
CIT' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 3.7
Current: 3.5

0.4
3.7
Forward Rate of Return (Yacktman) -41.46
CIT's Forward Rate of Return (Yacktman) is ranked lower than
52% of the 1318 Companies
in the Global Specialty Finance industry.

( Industry Median: 14.65 vs. CIT: -41.46 )
CIT' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -19.9   Max: -7.6
Current: -41.46

-19.9
-7.6

Business Description

Industry: Banks » Specialty Finance
Compare: » details
Traded in other countries:QIT1.Germany,
CIT Group Inc together with its subsidiaries provides financial solutions to its clients since its formation in 1908. It provides financing, leasing & advisory services principally to middle market companies in a wide variety of industries & offer vendor, equipment, commercial & structured financing products, as well as factoring services. It's products & services include Account receivables collection, Factoring services, Acquisition & expansion financing, Financial risk management, Asset management & servicing, Asset-based loans, Credit protection, Debt restructuring, Debt underwriting & syndication, Debtor-in-possession / turnaround financing, Deposits (certificates of deposit, savings accounts, individual retirement accounts), Enterprise value & cash flow loans, Import & export financing, Insurance services, Operating & capital leases, Letters of credit / trade acceptances, Mergers & acquisition advisory services ("M&A", Secured lines of credit, & Vendor financing. It operates in five reportable business segments: Corporate Finance; Transportation Finance; Trade Finance; Vendor Finance; Consumer. Corporate Finance provides financing options & offers advisory services to small & medium size companies in the U.S. & Canada & has a specialized lending unit in the U.K. focused on financial sponsors in Europe. Its core products include asset-based & cash flow lending, fee-based advisory products (e.g., financial advisory, M&A) for middle-market customers, equipment leasing & financing, & commercial real estate financing and offers a product suite primarily composed of senior secured loans collateralized by accounts receivable, inventory, machinery & equipment & intangibles to finance various needs of its customers, such as working capital, plant expansion, acquisitions & recapitalizations. Transportation Finance is a provider of aircraft & railcar leasing & financing solutions to operators & suppliers in the global aviation & railcar industries. It also provide lending & other financial products & services to companies in the transportation sector, including those in the business aircraft, maritime, aerospace & defense industries. Transportation Finance operates through five specialized business units: Commercial Air, Rail, Business Air, Transportation Lending, & Maritime Finance. Commercial Air provides aircraft leasing & lending, asset management, aircraft valuation & advisory services. Rail leases railcar equipment to railroads & shippers throughout North America, & Europe. Business Air offers financing & leasing programs for corporate & private owners of business jet aircraft, primarily in the U.S. Transportation Lending provides loan & lease financing solutions to companies within the aerospace, defense & other transportation sectors, directly or through financial sponsors & intermediaries. Maritime Finance offers secured loans to owners & operators of oceangoing & inl& cargo vessels, as well as offshore vessels & drilling rig
» More Articles for CIT

Headlines

Articles On GuruFocus.com
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KEELEY Mid Cap Dividend Value Fund Comments on CIT Group Inc Jul 30 2014 
A Big Win for John Paulson Jul 25 2014 
Morning Coffee: Widely Held Guru Stocks Near 52-Week Lows May 15 2014 
Investor Steven Romick's Top 5 Increases of First Quarter Apr 16 2014 
Bruce Berkowitz Buys Fannie Mae and Freddie Mac - Other Gurus, Financials and Risk Jun 13 2013 
Howard Marks Gains 133% on Eagle Sell, Four Reduced in First Quarter May 22 2013 

More From Other Websites
CIT Appoints Eric Miller Group Head of CIT Capital Equipment Finance Mar 24 2015
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Lessors see demand for Boeing 757 jet replacement Mar 10 2015
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CIT urges planemakers to 'go slow' in raising jet output Mar 10 2015
CIT Provides $44.8 Million Financing to Joint Venture between the Treeline Companies, Mega... Mar 09 2015
CIT Provides $44.8 Million Financing to Joint Venture between the Treeline Companies, Mega... Mar 09 2015
CIT Bank -- Moody's downgrades CIT's senior unsecured rating to B1, concluding its rating review Mar 06 2015
CIT Commercial Air Announces Key Promotions Mar 03 2015
CIT Aerospace Delivers One Airbus A320 to Frontier Airlines Mar 02 2015
CIT Aerospace Delivers One Boeing 737-800 to Eastar Jet Mar 02 2015
CIT Serves as Sole Lead Arranger in $210 Million Acquisition Financing for Epic Health Services Mar 02 2015
CIT Serves as Sole Lead Arranger in $210 Million Acquisition Financing for Epic Health Services Mar 02 2015
CIT GROUP INC Financials Feb 27 2015
CIT Group, OneWest Bank say merger would be good for poor neighborhoods Feb 26 2015
OneWest Bank takeover deal to be debated at hearing Feb 26 2015

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