• S&P 500: 1,351.95
  • Change: 0.15%
$41.83 0.63 (+1.53%)
2/9/2012 4:01 PM

CIT Group, Inc. (NYSE:CIT)

CAPS Rating: 2 out of 5

Current Price $41.83 Mkt Cap $8.39B
Open $42.15 P/E Ratio 25.30
Prev. Close $41.20 Div. (Yield) N/A (N/A)
Daily Range $41.49 - $42.27 Volume 2,246,187
52-Wk Range $27.68 - $48.24 Avg. Daily Vol. 0

News & Discussion Boards

Caps

How do you think CIT will perform against the market?

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All Players

75 Outperform
24 Underperform
 

All-Star Players

21 Outperform
5 Underperform
 

Wall Street

6 Outperform
0 Underperform
 

Top CIT Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

Beebzer (90.21)
Submitted May 12, 2010

Building an experimental portfolio based exclusively on the criteria of insider buys. There has also been considerable guru buying of CIT as well.

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addikt06 (< 20)
Submitted August 11, 2011

Heading for another bankruptcy, I'm not basing this rating so much on the business but more on the economy and in particular the mortgage industry

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CIT VS S&P 500 (SPY)

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Fools bearish on CIT are also bearish on:

Recent Community Commentary

Read the most recent pitches from players about CIT.

Recs

1
Member Avatar addikt06 (< 20) Submitted: 8/10/2011 8:12:06 PM : Underperform Start Price: $33.68 CIT Score: -4.69

Heading for another bankruptcy, I'm not basing this rating so much on the business but more on the economy and in particular the mortgage industry

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Recs

0
Member Avatar hbomb14 (38.91) Submitted: 7/19/2011 11:20:19 AM : Outperform Start Price: $39.84 CIT Score: +2.29

Valuation - its trading below TBV. The new leadership is solid, John Thain is a winner. Core business of middle market industrial lending is a strong franchise.

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Recs

0
Member Avatar DRovito (73.18) Submitted: 6/20/2011 2:34:42 PM : Outperform Start Price: $37.98 CIT Score: +3.20

On 6-20-2011, CIT Closed with a 10 point gain and immediately re-started @ below $40. Although a value stock based on fundamentals, CIT is a highly risky investment due to: the company's recent "re-emergence" from Bankruptcy and is in a low margin, credit industry lending to small businesses; CEO is same ex-Merril Lynch CEO that although was a high spender, did manage to sell ML to BoA just before the collapse of the entire financial industry and thus saved ML shareholders from total loss; CIT's near term survival ability is highly correlated to the economy's continued improvement. If there ae any hiccups, CIT will suffer and it could prove irreversible for its fortunes. @ $42.80, MC =$8.6B; P/E =19.50; P/B =0.95; P/E*P/B= 18.525 (VALUE!); DIV=0 ; Current = N/A ; LTD/EQ = 3.87 (TOO LEVERAGED); Stars = 2; S&P = ??

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View All 11 Pitches »

Leaderboard

Find the members with the highest scoring picks in CIT.

Score Leader

matteo32

matteo32 (70.84) Score: +37.10

VIVA LA VITA !!!!!

Top
Pick 		Member Name Member
Rating 		Start
Date 		Call Time
Frame 		Start
Price 		Stock
Gain 		Index
Gain 		Score Commentary
juantamad07 63.20 1/5/2010 Outperform 5Y $28.31 +47.76% +19.51% +28.24 0 Comment
emclaugh84 27.81 12/15/2009 Outperform 3M $28.02 +49.29% +21.44% +27.84 0 Comment
jdiazmunoz 93.59 12/14/2009 Outperform 5Y $28.97 +44.42% +20.97% +23.45 0 Comment
greedwhenfearful 28.23 12/14/2009 Outperform 5Y $29.00 +44.24% +21.15% +23.09 1 Comment
trident040 < 20 12/11/2009 Outperform 1Y $28.93 +44.59% +21.83% +22.77 1 Comment
pearlwhitson 41.20 1/6/2010 Outperform 5Y $29.66 +41.03% +19.24% +21.79 0 Comment
Ichabod04 < 20 12/14/2009 Outperform 5Y $29.45 +42.04% +21.17% +20.87 0 Comment
ValueHunter09 < 20 12/10/2009 Outperform 5Y $29.45 +42.04% +22.30% +19.74 0 Comment
blndpickr 46.83 12/11/2009 Outperform 3Y $29.55 +41.56% +21.85% +19.71 0 Comment
Miyonkol < 20 8/17/2010 Underperform 3Y $37.82 +10.60% +23.97% +13.36 0 Comment
View Complete Scorecard »

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Player Name Player
Rating		 Start
Date		 Call Time
Frame		 Start
Price		 Stock
Gain		 S&P
Gain		 Score End Date Commentary
TrackZacks 70.75 2/8/2012 Outperform 3M $41.20 +1.53% +0.13% +1.40 1 Comment
trackcompasspoin 75.31 8/9/2011 Outperform NS $32.05 +30.51% +18.66% +11.85 0 Comment
TrackZacks 70.75 2/16/2011 Underperform 3M $44.39 -5.05% -5.10% -0.06 6/15/2011 @ $42.15 1 Comment
TrackZacks 70.75 10/8/2010 Outperform 3M $40.79 +5.05% +1.87% +3.18 10/26/2010 @ $42.85 1 Comment
TrackBarclaysCap 93.26 9/1/2010 Outperform NS $37.40 +13.46% +23.25% -9.79 4/6/2011 @ $42.43 0 Comment
TrackZacks 70.75 7/27/2010 Outperform 3M $38.16 -1.73% -2.62% +0.89 8/12/2010 @ $37.50 1 Comment
TrackStifel 96.90 3/4/2010 Outperform NS $36.00 +16.19% +20.37% -4.18 0 Comment
TrackSterneAgee 92.20 2/23/2010 Outperform NS $33.45 +25.05% +22.10% +2.95 0 Comment
TrackIcahn 67.23 12/31/2009 Outperform 3W $27.61 +41.11% +4.99% +36.12 3/31/2010 @ $38.96 0 Comment
TrackHAndW 95.39 12/31/2009 Outperform 3M $27.61 +41.11% +4.99% +36.12 3/31/2010 @ $38.96 0 Comment
TrackEinhorn 98.68 12/31/2009 Outperform NS $27.61 +51.50% +23.88% +27.63 0 Comment
TrackBerkowitz 97.22 12/31/2009 Outperform NS $27.61 +51.50% +23.88% +27.63 0 Comment

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