CIT Group Inc. (CIT)

47.36
NYSE : Finance
Prev Close 46.78
Day Low/High 46.77 / 47.57
52 Wk Low/High 35.50 / 54.55
Avg Volume 685.40K
Exchange NYSE
Shares Outstanding 94.69M
Market Cap 4.43B
EPS 3.80
P/E Ratio 10.18
Div & Yield 1.40 (2.57%)
Kardashian-Endorsed Ouai Likely Merger Fodder; Uber's C-Suite Takes Form - ICYMI

Kardashian-Endorsed Ouai Likely Merger Fodder; Uber's C-Suite Takes Form - ICYMI

Here's what you need to know now for Tuesday, Aug. 21.

Noteworthy Friday Option Activity: CIT, AMPE, AN

Noteworthy Friday Option Activity: CIT, AMPE, AN

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in CIT Group Inc , where a total of 7,135 contracts have traded so far, representing approximately 713,500 underlying shares. That amounts to about 60.3% of CIT's average daily trading volume over the past month of 1.2 million shares.

Ratings Changes Today

TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,100 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: CIT, DIT, DJCO, FDUS, HCAP, TACO Downgrades: None Initiations: None Read on to get TheStreet Quant Ratings' detailed report:

Matador Resources’ Is Seeing Red Plus 3 Other Stocks That Look Good Short

MTDR, INVH, CIT and TESS were all recently downgraded by TheStreet’s Quant Ratings service.

Ratings Changes Today

TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,100 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: BMCH, CMG, HELE, MNRO, TLYS Downgrades: CIT, TESS Initiations: CLDR Read on to get TheStreet Quant Ratings' detailed report:

Analyst Favorites With Strong Buyback Activity: CIT Group Ranks As A Top Pick

Analyst Favorites With Strong Buyback Activity: CIT Group Ranks As A Top Pick

A study of analyst recommendations at the major brokerages shows that CIT Group Inc is the #43 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period.

See How CIT Group Ranks Among Analysts' Top Picks With Strong Buyback Activity

A study of analyst recommendations at the major brokerages shows that CIT Group Inc is the #39 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period.

Deutsche Bank Replaces CEO as German Lender Struggles to Find Profits

Deutsche Bank Replaces CEO as German Lender Struggles to Find Profits

Just days after adding new members to its board, Deutsche Bank replaced CEO John Cryan and named Christian Sewing, who co-led the private and commercial bank, to take over.

Ratings Changes Today

TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,100 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: AIR, CIT, DAR, OFIX, YIN, ZUMZ Downgrades: ALO, BEAT, HK, NMIH, OSTK, PM, WBA Initiations: None Read on to get TheStreet Quant Ratings' detailed report:

Square, Manitowoc, FMC Corp: 'Mad Money' Lightning Round

Square, Manitowoc, FMC Corp: 'Mad Money' Lightning Round

Jim Cramer takes a look at Square, Manitowoc, Valley National Bancorp, FMC Corp., Universal Display, CIT Group, Oneok, and Albemarle.

Nobody Likes Tariffs: Cramer's 'Mad Money' Recap (Thursday 3/1/18)

Nobody Likes Tariffs: Cramer's 'Mad Money' Recap (Thursday 3/1/18)

Nobody likes tariffs, says Jim Cramer. But Trump said he'd do it. Even so, trade and tariff fears have hit Wall Street -- and investors -- hard.

Analyst Favorites With Strong Buyback Activity: CIT Group Ranks As a Top Pick

Analyst Favorites With Strong Buyback Activity: CIT Group Ranks As a Top Pick

A study of analyst recommendations at the major brokerages shows that CIT Group Inc is the #31 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period.

JPMorgan, Wells Fargo Get Fat Profits by Skimping on Savers as Rates Rise

JPMorgan, Wells Fargo Get Fat Profits by Skimping on Savers as Rates Rise

The Federal Reserve has raised interest rates over the past two years, but the biggest Wall Street banks are holding the line on the rates they pay depositors. As a result the banks have kept the extra income for themselves, benefiting executives, employees and shareholders at the expense of retirees and other ordinary savers.

CIT Group Moves Up In Market Cap Rank, Passing Newfield Exploration

CIT Group Moves Up In Market Cap Rank, Passing Newfield Exploration

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component CIT Group Inc was identified as having a larger market cap than the smaller end of the S&P 500, for example Newfield Exploration Co , according to The Online Investor. Market capitalization is an important data point for investors to keep an eye on, for various reasons.

8 Great Financial Stocks for 2018

8 Great Financial Stocks for 2018

From Charles Schwab to Morgan Stanley, analysts like these names.

Here Are 8 of the Best Financial Stocks for 2018

Here Are 8 of the Best Financial Stocks for 2018

It's not surprising that several investment experts chose stocks from the financial sector when asked for their favorite investment idea for the year ahead.

CIT Group Stock Sees Short Interest Fall 20.6%

CIT Group Stock Sees Short Interest Fall 20.6%

The most recent short interest data has been released for the 12/15/2017 settlement date, which shows a 1,622,632 share decrease in total short interest for CIT Group Inc , to 6,256,874, a decrease of 20.59% since 11/30/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

CIT Group Larger Than S&P 500 Component Stericycle

CIT Group Larger Than S&P 500 Component Stericycle

In the latest look at stocks ordered by largest market capitalization, Russell 3000 component CIT Group Inc was identified as having a larger market cap than the smaller end of the S&P 500, for example Stericycle Inc. , according to The Online Investor.

Meet the High-Powered New Uber Directors Representing 'Team Travis'

Meet the High-Powered New Uber Directors Representing 'Team Travis'

Former Merrill Lynch CEO John Thain and ex-Xerox CEO Ursula Burns are polished representatives of Corporate America's old guard.

Who Is John Thain?

Who Is John Thain?

Before being appointed to Uber's board of director's former CIT Group CEO John Thain's career has been interesting to say the least.

Ousted Uber CEO Kalanick Appoints Two New Board Members

Ousted Uber CEO Kalanick Appoints Two New Board Members

Report says Travis Kalanick exercises his right to name new directors without consulting the board.

Short Interest Declines 20.3% For CIT

Short Interest Declines 20.3% For CIT

The most recent short interest data has been released for the 08/31/2017 settlement date, which shows a 2,740,695 share decrease in total short interest for CIT Group Inc , to 10,731,082, a decrease of 20.34% since 08/15/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

Bank of America Just Topped Warren Buffett's Dividend Benchmark

Bank of America Just Topped Warren Buffett's Dividend Benchmark

The Oracle of Omaha isn't the only investor likely to benefit from Federal Reserve stress-test results, but his gains will be measured in the billions.

Bank On It: Biggest U.S. Lenders Pass Fed's Stress Tests

Bank On It: Biggest U.S. Lenders Pass Fed's Stress Tests

Bank On It: Biggest U.S. Lenders Pass Fed's Stress Tests

5 Things You Must Know Before the Market Opens Friday

5 Things You Must Know Before the Market Opens Friday

U.S. stock futures turn lower on Friday, European stocks fal and Asian shares finish the session mixed as investors digest an assortment of global data and oil prices stabilize.

Wall Street's Biggest Banks Score High on First Round of Stress Tests

Wall Street's Biggest Banks Score High on First Round of Stress Tests

Morgan Stanley, Goldman Sachs and State Street clear thresholds - but barely

Here's How to Play New Fed Stress Tests on the 34 Biggest U.S. Banks

Here's How to Play New Fed Stress Tests on the 34 Biggest U.S. Banks

The second piece of the annual reviews determines how much banks can spend on dividends and stock buybacks.

Community Banks Could Be Big Winners in Treasury Regulation Overhaul

Community Banks Could Be Big Winners in Treasury Regulation Overhaul

Banks that find themselves on the cusp of certain regulatory thresholds could be big winners under the Trump Treasury Department.

In Final Fed Speech, Tarullo Eyes Looser Stress Test Limits

In Final Fed Speech, Tarullo Eyes Looser Stress Test Limits

The central bank governor said he was "stunned" during his first months at the Fed, adding that regulators shouldn't detach stress tests from limits on stock buybacks and dividends.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces An Investigation Involving The Board Of CIT Group Inc.

Levi & Korsinsky announces it has commenced an investigation of CIT Group Inc.

TheStreet Quant Rating: C+ (Hold)