CIT Group Inc (DEL) (NYSE: CIT) is one of 303 publicly-traded companies in the “Banks” industry, but how does it compare to its competitors? We will compare CIT Group Inc (DEL) to related businesses based on the strength of its risk, dividends, institutional ownership, valuation, earnings, analyst recommendations and profitability.

Volatility & Risk

CIT Group Inc (DEL) has a beta of 1.47, suggesting that its stock price is 47% more volatile than the S&P 500. Comparatively, CIT Group Inc (DEL)’s competitors have a beta of 0.81, suggesting that their average stock price is 19% less volatile than the S&P 500.

Institutional & Insider Ownership

51.7% of shares of all “Banks” companies are owned by institutional investors. 0.5% of CIT Group Inc (DEL) shares are owned by company insiders. Comparatively, 10.4% of shares of all “Banks” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares CIT Group Inc (DEL) and its competitors’ 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 18.56% 8.57% 0.92%

Valuation & Earnings

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

Gross Revenue NetIncome Price/Earnings Ratio
CIT Group Inc (DEL) $3.09 billion -$848.00 million 341.21
CIT Group Inc (DEL) Competitors $5.56 billion $817.91 million 505.43

CIT Group Inc (DEL)’s competitors 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 competitors, indicating that it is currently more affordable than other companies in its industry.

Dividends

CIT Group Inc (DEL) pays an annual dividend of $0.64 per share and has a dividend yield of 1.3%. CIT Group Inc (DEL) pays out 457.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. 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. CIT Group Inc (DEL) lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Analyst Ratings

This is a summary of recent ratings and recommmendations for CIT Group Inc (DEL) and its competitors, as reported 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 2121 8266 8328 329 2.36

CIT Group Inc (DEL) presently has a consensus price target of $49.50, suggesting a potential upside of 3.62%. As a group, “Banks” companies have a potential downside of 2.86%. Given CIT Group Inc (DEL)’s stronger consensus rating and higher probable upside, equities analysts plainly believe CIT Group Inc (DEL) is more favorable than its competitors.

Summary

CIT Group Inc (DEL) competitors beat CIT Group Inc (DEL) on 10 of the 15 factors compared.

About CIT Group Inc (DEL)

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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