CIT Group Inc. (CIT)

53.19
3.18 6.36
NYSE
Prev Close 50.01
Open 50.91
Day Low/High 50.80 / 53.38
52 Wk Low/High 35.50 / 56.14
Volume 1.74M
Exchange NYSE
Shares Outstanding 99.02B
Market Cap 5.00B
Div & Yield N.A. (N.A)
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.

Senate Confirms Trump Treasury Pick Mnuchin Over Democratic Opposition

Senate Confirms Trump Treasury Pick Mnuchin Over Democratic Opposition

Democrats used up a large part of about seven hours of debate raising concerns about the ex-Goldman Sachs banker's hedge fund and views on tax reform and the post-crisis Dodd-Frank.

Republicans Change Rules to okay Mnuchin, Price After Democrats' Boycott

Republicans Change Rules to okay Mnuchin, Price After Democrats' Boycott

GOP lawmakers used parliamentary procedures to bypass a Democratic boycott and approve President Trump's Treasury Secretary and Health Secretary picks, setting the stage for a vote of the full Senate.

Democrats Boycott Mnuchin, Price Confirmation Votes

Democrats Boycott Mnuchin, Price Confirmation Votes

As protesters agitated outside a hearing room, Democratic Senators boycotted what was supposed to be a confirmation vote to consider President Trump's Treasury Secretary and Health Secretary pick.

China's HNA Prowls for More U.S. Purchases After Scaramucci Deal

China's HNA Prowls for More U.S. Purchases After Scaramucci Deal

HNA, the Chinese-airline-turned-conglomerate, is pursuing more acquisitions of money-management companies after buying Anthony Scaramucci's fund of hedge funds, SkyBridge Capital, according to people with knowledge of the matter.

Notable Friday Option Activity: CIT, FSLR, GOGO

Notable Friday Option Activity: CIT, FSLR, GOGO

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in CIT Group, Inc. , where a total of 5,962 contracts have traded so far, representing approximately 596,200 underlying shares.

Mnuchin Omits $100 Million in Assets, Says It's 'Quite Complicated'

Mnuchin Omits $100 Million in Assets, Says It's 'Quite Complicated'

Steven Mnuchin waded into an unexpectedly murky swamp on Thursday: answering for undisclosed interests and millions of dollars in assets.

How Goldman Sachs and JPMorgan Could Help Boost Your Portfolio

How Goldman Sachs and JPMorgan Could Help Boost Your Portfolio

Investors nearing or in retirement often use dividends as a source of income. Here's why dividend growth is more important than just a high yield.

Don't Expect Scrapped Astoria Merger to Stop Trump-Era Bank Deals

Don't Expect Scrapped Astoria Merger to Stop Trump-Era Bank Deals

Dismantling of the merger may have more to do with an activist hedge fund's agitation than regulatory concerns. Expect the Fed to OK mid-sized bank deals in the coming months

N.Y. Community Bank Scraps $2 Billion Astoria Deal as Fed Review Lingers

N.Y. Community Bank Scraps $2 Billion Astoria Deal as Fed Review Lingers

The combination had been under review by the central bank since October 2015, but analysts suggest the merger's failure does not mean the Fed is opposed to consolidation in banking.

CIT Announces Exchange Offer For Its 5.000% Senior Unsecured Notes Due 2017

CIT Announces Exchange Offer For Its 5.000% Senior Unsecured Notes Due 2017

CIT Group Inc. (NYSE:CIT) (the "Company"), www.

TheStreet Quant Rating: B (Buy)