CIT Group Inc (DEL) (NYSE: CIT) is one of 341 public companies in the “Banks” industry, but how does it compare to its rivals? We will compare CIT Group Inc (DEL) to related companies based on the strength of its earnings, institutional ownership, analyst recommendations, profitability, risk, dividends and valuation.

Analyst Recommendations

This is a summary of current ratings and target prices for CIT Group Inc (DEL) and its rivals, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CIT Group Inc (DEL) 1 4 7 0 2.50
CIT Group Inc (DEL) Competitors 2257 9114 9201 377 2.37

CIT Group Inc (DEL) presently has a consensus price target of $49.50, indicating a potential upside of 10.76%. As a group, “Banks” companies have a potential downside of 3.10%. Given CIT Group Inc (DEL)’s stronger consensus rating and higher probable upside, analysts clearly believe CIT Group Inc (DEL) is more favorable than its rivals.

Insider and Institutional Ownership

52.2% of shares of all “Banks” companies are owned by institutional investors. 0.5% of CIT Group Inc (DEL) shares are owned by insiders. Comparatively, 10.3% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Risk & Volatility

CIT Group Inc (DEL) has a beta of 1.47, indicating that its stock price is 47% more volatile than the S&P 500. Comparatively, CIT Group Inc (DEL)’s rivals have a beta of 0.82, indicating that their average stock price is 18% less volatile than the S&P 500.

Dividends

CIT Group Inc (DEL) pays an annual dividend of $0.64 per share and has a dividend yield of 1.4%. CIT Group Inc (DEL) pays out -27.0% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 2.0% and pay out 34.6% of their earnings in the form of a dividend.

Profitability

This table compares CIT Group Inc (DEL) and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
CIT Group Inc (DEL) -20.05% 6.22% 0.94%
CIT Group Inc (DEL) Competitors 18.60% 8.64% 0.93%

Earnings and Valuation

This table compares CIT Group Inc (DEL) and its rivals revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
CIT Group Inc (DEL) $3.09 billion -$848.00 million -18.86
CIT Group Inc (DEL) Competitors $6.05 billion $877.31 million 349.99

CIT Group Inc (DEL)’s rivals have higher revenue and earnings than CIT Group Inc (DEL). CIT Group Inc (DEL) is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

CIT Group Inc (DEL) rivals beat CIT Group Inc (DEL) on 9 of the 15 factors compared.

CIT Group Inc (DEL) Company Profile

CIT Group Inc. (CIT) is a bank holding company (BHC) and a financial holding company (FHC). The Company, together with its subsidiaries, provides financing, leasing and advisory services to middle market companies in a range of industries in North America. The Company’s segments include Commercial Banking, Consumer Banking, Non-Strategic Portfolios, and Corporate and Other. The Commercial Banking segment consists of four divisions: Commercial Finance, Rail, Real Estate Finance, and Business Capital. The Consumer Banking segment includes Retail Banking, Mortgage Lending, and SBA Lending (together referred to as Other Consumer Banking), and Legacy Consumer Mortgages (LCM). The Company’s products and services include account receivables collection, acquisition and expansion financing, asset management and servicing, asset-based loans, debt underwriting and syndication, deposits, enterprise value and cash flow loans, equipment leases, factoring services and financial risk management.

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