$CIT

CIT Group Inc

  • NEW YORK STOCK EXCHANGE INC.
  • Finance
  • Major Banks
  • Finance and Insurance
  • Commercial Banking

PRICE

$53.5 -

Extented Hours

VOLUME

32,810,120

DAY RANGE

51.36 - 54.325

52 WEEK

34.51 - 56.21

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@SimonePizzo #decarolis
recently

Buongiorno a tutti ☀️ Dicono che il prezzo della benzina è alle stelle ma a me che me ne frega a me, io ho il GPL (simi cit.)

97 Replies 15 👍 11 🔥

MA
@Max69 #decarolis
recently

si, alla Fiera dell'Est... per due soldi (cit. A.Branduardi) lol

101 Replies 6 👍 10 🔥

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@DarkPoolAlgo #Dark Pool Charts
recently

Tuesday, July 27, 2021 Futures Up/Down % Last Dow -110.00 0.31% 34,924 S&P 500 -10.25 0.23% 4,404 Nasdaq -8.50 0.06% 15,109 Global stock markets and U.S. futures decline amid a further Chinese selloff as Beijing undertook an extensive regulatory overhaul in the country. Focus turns back to the Fed and earnings as Fed officials are expected to discuss an eventual tapering of the stimulus at a meeting concluding tomorrow while Tesla Inc. ($TSLA) rose in premarket trading after an earnings beat. The S&P 500 and Dow closed at new all-time bests in sideways trading Monday as investors prepare for the Fed’s two-day policy meeting and ahead of quarterly earnings. Big tech in focus tonight with Apple, Microsoft, and Alphabet ($GOOGL) expected to post results while China stocks look to recover as big cap Alibaba ($BABA) and Baidu ($BIDU) each fall more than 5% on Monday after Beijing recently unveiled new rules on private tutoring and online education firms, the latest in a series of crackdowns on the technology sector that have roiled financial markets. The S&P 500 energy index was the strongest gainer among 11 sector indexes yesterday, jumping 2.5%, with health care the worst performer. Bitcoin prices pullback slightly after Bloomberg reported late yesterday that Amazon ($AMZN) denies will accept bitcoin, launch crypto coin in 2022 – said an Amazon spokesperson denied the report form City A.M. Crypto assets were up between 15%-20% on Monday after the reports initially surfaced. In Asian markets, The Nikkei Index climbed 136 points to 27,970, the Shanghai Index dropped over 80 points (2.49%) to settle at 3,381 and the Hang Seng Index plunged again, falling over 1,000 points for a 2nd straight day (4.22%) to 25,086. In Europe, the German DAX is down over 70 points to 15,550, while the FTSE 100 is off about 30 points to dip below the 7,000 level. Market Closing Prices Yesterday The S&P 500 Index gained 10.51 points, or 0.24%, to 4,422.30 The Dow Jones Industrial Average rose 82.76 points, or 0.24%, to 35,144.31 The Nasdaq Composite edged higher 3.72 points, or 0.03%, to 14,840.71 The Russell 2000 Index climbed 7.27 points, or 0.33% to 2,216.92 Events Calendar for Today 7:45 AM ET ICSC Weekly Retail Sales 8:30 AM ET Durable Goods Orders for June…est. 2.1% 8:30 AM ET Durable Goods Ex Transportation for June…est. 0.8% 8:55 AM ET Johnson/Redbook Weekly Sales 9:00 AM ET CaseShiller 20 City Index for May…est. 1.6% 9:00 AM ET Monthly Home Prices MoM for May 10:00 AM ET Consumer Confidence for July…est. 123.9 10:00 AMET Richmond Fed Manufacturing for July…prior 22 4:30 PM ET API Weekly Inventory Data Earnings Calendar: Earnings Before the Open: AAN, ABG, ADM, ARCH, AWI, BSX, CIT, CNC, CTS, CVLT, DTE, ECL, ENTG, FELE, FISV, GE, GLW, GPK, HUBB, IQV, IVZ, JBLU, LECO, LW, MMM, MSCI, NXRT, PCAR, PHM, PII, RGEN, ROK, RTX, SHW, SIRI, SSTK, ST, SWK, TPB, UPS, WM, XRX Earnings After the Close: $AAPL, AAT, AGYS, $AMD, ASH, ATEN, AXTI, BXP, BYD, CAC, CAKE, CHE, CHRW, CSGP, EGP, EHC, ENPH, EQR, EXR, FCF, FIBK, $GOOGL, HA, HAFC, HBNC, HIW, HRZN, HT, HVT, IEX, JBT, JNPR, LBRT, MANH, MASI, MAT, MDLZ, MPWR, MSFT, MTDR, MXIM, NAVI, NBR, NLOK, NOV, OLN, OVV, PGRE, QS, SBUX, STAG, SYK, TDOC, TENB, TER, TRMK, USNA, V, WHG, WIRE, WSBC Other Key Events: Alzheimer’s Association International Conference (AAIC) 2021 (virtual), 7/26-7/30 Society of Cataract & Refractive Surgery, 7/23-7/27, in Las Vegas Macro Up/Down Last Nymex 0.01 71.92 Brent 0.19 74.69 Gold -030 1,797.35 EUR/USD -0.0017 1.1786 JPY/USD -0.28 110.11 10-Year Note -0.022 1.254% Sector News Breakdown Consumer Tesla Motors ($TSLA) Q2 non-GAAP EPS $1.45 vs. est. $0.96; Q2 revs $11.96B vs. est. $11.3B; said produced and delivered over 200,000 vehicles, achieved an operating margin of 11.0% and exceeded $1B of GAAP net income for the first time in our history; qtrly automotive gross margin 28.4% vs 25.4% reported last year; qtrly automotive rev of which regulatory credits $354 mln vs $428 mln reported last year; qtrly vehicle asp declined by 2% yoy as Model S & Model X deliveries were reduced in q2 due to the product updates; records $23 million in bitcoin-related impairments after crypto’s second-quarter plunge PulteGroup, Inc. ($PHM) and Invitation Homes ($INVH), the nation’s premier single-family home leasing company, announced today the formation of an innovative strategic relationship Stanley Black & Decker ($SWK) Q2 EPS $3.08 vs. est. $2.87; Q2 revs $4.3B vs. est. $4.21B; raises FY21 EPS view to $11.35-$11.65 from $10.70-$11.00 (est. $11.19) and sees FY21 organic revenue growth 16%-18% TriNet Group ($TNET) Q2 adj EPS $1.56 vs. est. $0.81; Q2 revs rose 16% to $1.1B as compared to the same period last year; Q2 adjusted EBITDA was $154 million, compared to Adjusted EBITDA of $199 million, in the same period last year; total Worksite Employees ($WSEs) increased 9% compared to the same period last year, to approximately 340,000; sees FY revs up 10%-12% YoY Energy Range Resources ($RRC) 2Q adj EPS $0.24 vs est. $0.24 on adj revs $644Mm vs est. $569.9Mm, qtrly production avg 2.10 BCFE/day, about 31% liquids; says remains on track to spend at or below $425Mm capital budget; guides FY production avg about 2.15 BCFE/day with about 30% liquids Financials com Inc ($AMZN) on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year. The report from London’s City A.M. newspaper sent Bitcoin prices surging above $40K before it trimmed gains to last trade around $37,500. “Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is not true,” said a spokesperson from Amazon AGNC Investment ($AGNC) Q2 EPS loss (83c); reports $16.39 tangible net book value per common share as of June 30, decreased ($1.33) per common share, or -7.5%, from $17.72 per common share as of March 31. American Campus Communities ($ACC) 2Q adj FFO/shr $0.42 vs est. $0.37 on revs $208.5Mm vs est. $187.8Mm; guides 3Q FFO/shr $0.32-0.36 vs est. $0.32, sees FY FFO/shr $1.95-2.09 vs est. $1.92 Ameriprise ($AMP) 2Q adj EPS $5.27 vs est. $5.21 on revs $3.42B vs est. $3.37B, AUM +28% to $1.2T Brandywine ($BDN) Q2 FFO $0.32 vs. est. $0.32; sees 2021 FFO $1.34-$1.40 vs. est. $1.36; Core Portfolio: 90.5% occupied and 92.5% leased; New and Renewal Leases Signed: 435,000 square feet; Rental Rate Mark-to-Market: Increased 22.2% / 13.7% on accrual / cash basis; Same Store Net Operating Income: 0.5% on an accrual basis and 1.8% on a cash basis Brown & Brown ($BRO) Q2 adj EPS 49c vs. est. 40c; Q2 revs $727.3M vs. est. $679.46M Heartland Financial ($HTLF) Q2 EPS $1.41 vs. est. $1.26; Q2 revs $173.7M vs. est. $174.7M; Q2 net interest margin was 3.37% compared to 3.44%during the first quarter of 2021 and 3.81% during the second quarter of 2020 Independence Realty ($IRT) 2Q EPS $0.03 vs est. $0.01, sees FY same-store property NOI growth 6.5-7.5%, sees FY core FFO/share $0.76-0.78 vs est. $0.75; announces 14M share secondary offering Sun Communities ($SUI) 2Q core FFO/shr $1.80 vs est. $1.61 on revs $603.9Mm vs est. $374.9Mm, says home sales volume +89.5% to 1,158 homes for qtr ended June 30, 2021; guides FY core FFO/shr $6.25-6.37 vs est. $6.03 TransUnion ($TRU) Q2 adj EPS 96c vs. est. 91c; Q2 revs $774M vs. est. $745.78M; sees FY21 adj EPS $3.63-$3.70 vs. est. $3.54; sees FY21 revenue $3.034B-$3.059B vs. est. $2.98B Healthcare Biogen ($BIIB) and Ionis ($IONS) announced that topline data from a Phase 1b placebo-controlled, multiple ascending dose clinical study showed that BIIB080/IONIS-MAPT met its primary objective of safety and tolerability in patients with mild Alzheimer’s disease. HealthStream Inc. ($HSTM) 2Q EPS $0.08 vs est. ($0.04) on revs $64.8Mm vs est. $60.6Mm; guides FY revs $253-257Mm vs est. $251.3Mm, sees FY adj EBITDA $48-50Mm vs est. $42.8Mm ObsEva ($OBSV) rises 25%; after entering a pact for Organon to exclusively develop and commercialize ebopiprant, a treatment for preterm labor Medpace ($MEDP) Q2 GAAP EPS $1.06 vs. est. $0.99; Q2 revs $278.3M vs. est. $272.1M; raises FY21 EPS view to $4.31-$4.50 from$4.24-$4.42 (est. $4.38); sees FY21 revs $1.11B-$1.15B vs. est. $1.13B; net new business awards were $387.6M in Q2, representing an increase of 52.5% Universal Health ($UHS) Q2 adj EPS $3.76 vs. est. $2.68; Q2 revs $3.2B vs. est. $3.01B; increases 2021 full year earnings guidance and announces $1 billion increase to stock repurchase program authorization; sees year EPS $11.46-$12.16 (above prior $10.05-$11.05) vs. est. $11.00; sees year revs $12.35B-$12.5B vs. est. $12.33B Industrials & Materials General Electric ($GE) Q2 adj EPS 5c vs. est. 4c; Q2 revs $18.3B vs. est. $18.13B; Q2 Industrial organic revenues $16.9B, up 7%; reiterates FY21 adjusted EPS view 15c-25c vs. est. 26c; raises 2021 outlook for Industrial free cash flow range from $2.5B-$4.5B to $3.5B-$5.0B 3M ($MMM) Q2 adj EPS $2.59 vs. est. $2.26; Q2 revs $8.95B vs. est. $8.55B; Q2 operating cash flow was $1.9B with adjusted free cash flow of $1.6B contributing to adjusted free cash flow conversion of 103%; raises FY21 EPS view to $9.70-$10.10 from $9.20-$9.70 (est. $9.81) and also boosts FY21 revenue view to up 7%-10% from up 5%-8% China is considering imposing more tariffs on steel exports as it seeks to cap domestic production and tame surging prices. Potential rates being discussed range from 10% to 25% and products include hot-rolled coil, according to two people familiar with the matter – Bloomberg (watch shares of $X, $STLD, $RS, $NUE) Axalta Coating ($AXTA) Q2 EPS $0.54 vs. est. $0.46; Q2 sales $1.13B vs. est. $1.08B; Q2 sales increased 72.6% year-over-year, including a 5.3% foreign currency benefit, driven by 56.4% higher volumes and 9.3% higher average price and product mix; sees FY 2021 adjusted eps $1.85-$2.00 vs. est. $2.06; sees FY adjusted Ebit $685-$725 mln and sees FY 2021 net sales growth about 20%-22% Hexcel Corp. ($HXL) 2Q adj EPS $0.08 vs est. $0.01 on sales $320Mm vs est. $324Mm, continues to withhold financial guidance Crane Co. ($CR) 2Q adj EPS $1.83 vs est. $1.38 on sales $796Mm vs est. $743.6Mm; guides FY adj EPS $5.95-6.15 vs est. $5.73, sees FY core sales +7-9%, sees FY net sales $3.1B vs est. $3.03B Packaging Corp. ($PKG) 2Q adj EPS $2.17 vs est. $1.78 on sales $1.9B vs est. $1.78B, guides 3Q EPS $2.37 vs est. $2.11 PotlatchDeltic ($PCH) Q2 EPS $2.77 vs. est. $2.52; Q2 revs $447.5M vs. est. $422.2M; Generated record Total Adjusted EBITDDA of $275.0M and Total Adjusted EBITDDA margin of 61%; historic lumber prices drove record Wood Products Adjusted EBITDDA of $204.6M Simpson Manufacturing ($SSD) Q2 EPS $1.66 vs. est. $1.60; Q2 revs $410.3M vs. est. $393.68M; raises FY21 CapEx view to $55M-$60M from $50M-$55M TFI International Inc. ($TFII) 2Q adj EPS $1.44 vs est. $0.96 on revs $1.84B vs est. $1.35B, increased qtrly dividend by 21% to $0.23/share

128 Replies 10 👍 9 🔥

DA
@Darjo #decarolis
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questo commento è solo un concentrato di invidia tipica del populino e scemenze economiche. CIT: non importa che sia schiavo io, basta che lo siano tutti gli altri.

75 Replies 6 👍 7 🔥

JU
@judemao #decarolis
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eh cerca allora di non gufare! (cit. Oronzo Canà)! :D

146 Replies 8 👍 6 🔥

NI
@nicola75 #decarolis
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Con il mais che sale verso un record, gli americani possono aspettarsi di pagare di più per tutti i tipi di articoli al supermercato e alla pompa di benzina. Il mais è un ingrediente chiave nella realizzazione di prodotti che vanno dalle tortilla chips e le ali di pollo al bourbon e alla Coca-Cola. Circa il 40% del raccolto statunitense viene miscelato con carburante per motori. Gli analisti affermano che i prezzi elevati del mais stanno sollevando i produttori di fertilizzanti e attrezzature agricole mentre aiutano i prodotti di consumo e le aziende alimentari a giustificare i propri aumenti di prezzo . Anche gli agricoltori statunitensi, che stanno seminando i campi per un grande raccolto autunnale , ne stanno beneficiando. (cit WSJ)

74 Replies 10 👍 7 🔥

NI
@nicola75 #decarolis
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Tutti gli operatori del mercato che trattano questa materia prima sono particolarmente interessati all’analisi dei report periodici prodotti dal dipartimento dell’agricoltura (USDA) che possono avere un grosso impatto sul movimento del prezzo del sottostante. Viene prestata particolare attenzione all’edizione di marzo del WASDE in cui è indicata una stima sulle quantità e sulle tipologie di coltivazioni che gli agricoltori intenderanno piantare nella stagione in partenza. (cit)

73 Replies 10 👍 8 🔥

JU
@judemao #decarolis
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rischio zero... che bella parola... come il cuoco (cit. Totò) XD

48 Replies 13 👍 14 🔥

NI
@nicola75 #decarolis
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I tassi previsti sia per l'inflazione "core" che per l'inflazione principale sembrano abbastanza ragionevoli per i mercati di gennaio, quindi non mi aspetto una grande reazione del mercato (a parte alcuni scatti iniziali del dollaro, forse) al loro rilascio . Ma sottolineerò che alcuni analisti e commentatori hanno attribuito il rally di Capodanno dei rendimenti del Tesoro - che è stato un vento contrario difficile da superare per i prezzi dell'oro.. Cit.. oltre AT > @rpapanti said: Come mai il Gold non si stacca da quota 1860?

67 Replies 7 👍 7 🔥

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@Ludovico #decarolis
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non ero a conoscenza di questa correlazione > @nicola75 said: L’andamento del prezzo del petrolio (Oil) condiziona in maniera diretta il comportamento del dollaro canadese: il Canada detiene infatti la seconda riserva di petrolio più grande al mondo. Per questo motivo il prezzo della moneta canadese è in correlazione positiva con quello del petrolio, salendo o scendendo in coincidenza di quest’ultimo .CIT. a me sembra che da inizio anno segua piu' il dollaro americano che quello canadese

130 Replies 9 👍 11 🔥

NI
@nicola75 #decarolis
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L’andamento del prezzo del petrolio (Oil) condiziona in maniera diretta il comportamento del dollaro canadese: il Canada detiene infatti la seconda riserva di petrolio più grande al mondo. Per questo motivo il prezzo della moneta canadese è in correlazione positiva con quello del petrolio, salendo o scendendo in coincidenza di quest’ultimo .CIT. a me sembra che da inizio anno segua piu' il dollaro americano che quello canadese

72 Replies 6 👍 9 🔥

NI
@nicola75 #decarolis
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rimango al vecchio metodo cosi posso leggere tutte le cxxxxxate dei miei amici cit. > @Bebop1276 said: ma come si fanno gli audio? che si fa prima..... peró secondo me sono illegali....ci vuole il Renato..

103 Replies 6 👍 6 🔥

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@Mateusz_Szlufik #decarolis
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Ragazzi, sono veramente euforico! cit.

138 Replies 10 👍 10 🔥

AL
@alessandrogatti845 #decarolis
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"Buooooongiornooo buongiooornooo" (cit.) il Dax questa mattina mi ha dato il buooongioornoo sulla sua scia short, anche se non è decisa. Alle 9.30 ci sarà il discorso della Lagarde e penso che non sarà molto positivo, come del resto i giorni scorsi. Ci saranno anche previsioni sulla fiducia dei consumatori in tarda mattinata, resto fiducioso sullo short anche perché i contagi aumentano sebbene sia una notizia ormai metabolizzata dal mercato per questa settimana

89 Replies 14 👍 6 🔥

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@dros #droscrew
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Downgrades 11/10: $BCS $BK $BLDP $CHMI $CIT $CPT $FMBI $FSLR $HA $HFC $INBK $LMRK $MRTX $MS $NOV $PDCO $RES $RL $SLRC $SNV $SSTI $VYGR $WHD

51 Replies 15 👍 12 🔥

VI
@vinglimbi #decarolis
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lo scopriremo solo vivendo (Cit. @Renato_Decarolis )

54 Replies 13 👍 10 🔥

NI
@nicola75 #decarolis
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abbi paura quando gli altri sono avidi, sii avido quando gli altri hanno paura.. cit, Warren Buffett

126 Replies 11 👍 13 🔥

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@Bebop1276 #decarolis
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non dire gatto se non l hai nel sacco... cit.... oggi é la giornata..he he

64 Replies 13 👍 9 🔥

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@Bebop1276 #decarolis
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he he.. cit.

114 Replies 13 👍 13 🔥

NI
@nicola75 #decarolis
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haha.. scusate la divagazione..! cit lo zio

77 Replies 15 👍 14 🔥

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@MassimoM #decarolis
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Aspettiamo domani, non lo so... [cit. Gianni DP]

77 Replies 14 👍 9 🔥

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@Gabriella63 #decarolis
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ritratto di famiglia in un interno cit.

138 Replies 9 👍 15 🔥

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@Bebop1276 #decarolis
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cit: "quello che faccio é: una ricerca sulla geometria sacra, che si riscontra sul tempo/prezzo. Questa ricerca non é nulla di massonico, .......quello che faccio é simile a Gann, ma non é Gann, non vedo alcuna stella, studiando la Bibbia e la Genesi, e studiando in modo particolare i salmi di Salomone e re Davide..."

104 Replies 11 👍 7 🔥

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@Gabriella63 #decarolis
recently

Non ti offendere è una cit.

92 Replies 10 👍 8 🔥

I2
@I2L #droscrew
recently

I like CIT though might not be best in class though

118 Replies 7 👍 8 🔥

Key Metrics

Market Cap

5.31 B

Beta

1.25

Avg. Volume

2.60 M

Shares Outstanding

99.17 M

Yield

2.59%

Public Float

0

Next Earnings Date

Next Dividend Date

Company Information

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender). CIT's commercial banking segment includes commercial financing, community association banking, middle market banking, equipment and vendor financing, factoring, railcar financing, treasury and payments services, and capital markets and asset management. CIT's consumer banking segment includes a national direct bank and regional branch network.

CEO: Ellen Alemany

Website:

HQ: 1 Cit Dr Livingston, 07039-5703 New Jersey

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