CIT Group (CIT)

34.79 -0.37  -1.05%  May 25, 11:00PM Go Pro
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CIT Group Total Return Price: 34.79

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CIT Total Return Price Range, Past 5 Years

Minimum 26.04 Dec 17 2009
Maximum 49.01 Jan 14 2011
Average 38.43

About Total Return Price

Total return price is a theoretical price that helps investors look at their returns over time, accounting for both price appreciation and dividends received rather than price alone. It is the best way to calculate the actual returns on a stock over a period of time.

YCharts' total return price assumes that all dividends were reinvested and that no taxes were collected on dividend payments. This follows Center for Research in Security Prices (CRSP) methodology.

When calculating the return on an investment, an investor should look both at the changes in the value of the stock price as well as the gains from dividend payments. For example, if you buy a stock for $10, its price appreciates to $15 and it pays a $1 dividend, and you sell it, you have made $5 from the change in price and $1 from dividends. This $6 increase is your total gain, and your total return is 60%.

The total return price helps you to look backward to determine an equivalent price that you would have paid to get the same returns from a stock that paid no dividends (also adjusted for splits). Let's look at the previous example again.

Assumptions:
Price paid (1/1/01): $10.00
Closing price (12/30/01): $15.00
Dividend Paid (12/31/01): $1.00
Closing Price (12/31/01): $15.00

Your total returns for the year: $6.00 or 60%

Calculating Total Return Price:

12/31/01:
Actual Price: $15.00
Total Return Price: $15.00
The most recent total return price is always equal to the current price.

12/30/01:
Actual Price: $15.00
Total Return Price: $14.00 = $15.00 x (1-$1/$15.00)
The $1 dividend was 1/15 of the value of the stock, so if you could have received the dividend immediately after buying the stock on 12/30/01, you could have paid $14 for the stock and had a stock worth $15 because of the dividend that was paid.

1/1/01:
Actual Price: $10.00
Total Return Price: $9.33 = $10 x (1-$1/$15.00)
This is exactly like the previous problem. We received 1/15th of the stock's value on 12/30/01, so looking back we need to remove this value from the historical total returns price.
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CIT News

What the Big Guns are Doing
May 24, 2:25PM Fox Business
CIT GROUP INC Financials
May 16, 1:04PM
Market focus shifts to policy uncertainty
May 07, 12:27PM Financial Times
CIT Arranges Financing for National Resources
Apr 30, 8:31AM Business Wire
$F $GE $CIT Rising Stars Accelerate as Ford Freed From Junk: Credit Markets. http://stks.co/3VTt
about 33 days ago by journalistjosh
$CIT http://stks.co/3VKG big up candle yesterday; bearish gulfing in short order so far today
about 33 days ago by Xiphos_Trading
HIGH $PUT VOLU $PH 789% $RIGL 667% $SYMC 530% $HSY 519% $BIG 503% $CIT 446% $CXW 429% $GWW 371% $FTNT 342% $PSS 325%
about 34 days ago by livevol_pro
[$$] CIT Group Posts Loss
Apr 24, 9:04AM
Listen to $CIT Q1 2012 earnings call - live at 08:00 AM, ondemand after - http://stks.co/3Tb5
about 34 days ago by earningscast
http://stks.co/3TSK Earning to focus before market opens: $MMM $T $AKS $BHI $CIT $HSY $LPL $PCAR $RYN $WFT $X $WU
about 35 days ago by freefdawatchlistcom
from the prop desk: watching $CIT $MAT $ECYT $RENN $CRM $AAPL $V http://dcl.sr/11g
about 42 days ago by mbellafiore_smb
Some names/charts pulling back right to their 50d: $WDC $CSCO $RJF $TIF $PETM $CIT $GD $NVLS
about 50 days ago by TheEquitiesRoom
$CIT filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/3FEG
about 53 days ago by MarketBrief
Trading down to 20d: $CIT $VECO $RIG $DGI $ATHN $ITMN $CERN $ARGN $ECA 50d: $LAZ $WBS $ATW $WLL $SKX 200d: $SWY
about 62 days ago by TheEquitiesRoom
Largest bearish ISE sentiment today so far in $XOP $XME $XLB $CIT $OIH
about 67 days ago by Attitrade
HIGH $PUT VOLU $LCC 1001% $GOLD 825% $LFC 792% $DISH 712% $ONXX 611% $WLP 527% $JBLU 518% $GME 485% $MHP 466% $CIT 325%
about 67 days ago by livevol_pro
HIGH $PUT VOLU $NBIX 41480% $CTRP 1143% $GES 945% $TTWO 644% $RVSN 556% $ITMN 384% $ROST 355% $CIT 346% $COP 289% $VMED 286%
about 74 days ago by livevol_pro
I can&#39;t believe $CIT is doing so well. They used to have such a high borrowing cost.
about 75 days ago by bradloncar
Breaking down bank stocks: Chris Whalen likes $CIT $STI $BMTC $CFR http://stks.co/2Xzf
about 94 days ago by colarusso42
Yea $CIT has been lowering its cost of capital, but i still don&#39;t see the point of investing in a lender that has big debt probs of its own.
about 98 days ago by bradloncar
Bruce #Berkowitz “Sears Intrinsic Value is the $64 Question” http://stks.co/2Jbn $FAIRX $SHLD $AIG $BAC $CIT $AIA $BAC $GGP $LUK $JOE
about 110 days ago by valuewalk
$DB Said to Limit Bonuses [Morning Update] http://stks.co/2Ivb $CIT $C $OPEN #MHP $GREK $RBS $BLK $BAC $JPM $WFC
about 110 days ago by valuewalk
Fairholme’s 2011 Results Show the Risk of Concentrated Positions in Hard to Value Businesses http://stks.co/2EmX $FAIRX $AIG $BAC $CIT
about 115 days ago by valuewalk
$CIT amended latest Quarterly Report http://stks.co/2Ccv
about 117 days ago by MarketBrief
Sears Plunges As $CIT Reins In Loans (Again) @ZeroHedge http://stks.co/2BuD $SHLD
about 117 days ago by valuewalk
@jimcramer Would you lend to $SHLD suppliers? $CIT
about 118 days ago by thomasatwood
Unless you are a masochist, it&#39;s probably best to avoid $SHLD entirely. Down 4.5% today on yet another report of $CIT halting loans. Oy.
about 118 days ago by lamonicabuzz
RT @Benzinga $CIT May Stop Lending to $SHLD Suppliers -Reuters
about 118 days ago by 1973Hog
$CIT May Stop Lending to $SHLD Suppliers -Reuters
about 118 days ago by Benzinga
Listen to $CIT Q1 earnings call - live at 08:00 AM, ondemand after - http://stks.co/2AG9
about 118 days ago by earningscast

Recent Quotes

Symbol Price Chg Chg % Market Cap
CIT 34.79 -0.37 -1.05% 6.986B
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