State Street Corp. Company Profile (NYSE:STT)

About State Street Corp.

State Street Corp. logoState Street Corporation, the parent company, is a financial holding company. The parent company provides financial and managerial support to its legal and operating subsidiaries. The Company, through its subsidiary, State Street Bank, provides a range of financial services and products to institutional investors across the world. Its clients include mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments and investment managers. It has approximately two lines of business: Investment Servicing and Investment Management. Its Investment Servicing line of business performs core custody and related value-added functions, such as providing institutional investors with clearing, payment and settlement services. Its Investment Management services through State Street Global Advisors (SSGA). SSGA provides a range of investment management, investment research and investment advisory services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Asset Management
  • Sub-Industry: Asset Management & Custody Banks
  • Exchange: NYSE
  • Symbol: STT
  • CUSIP: 85747710
Key Metrics:
  • Previous Close: $69.33
  • 50 Day Moving Average: $69.48
  • 200 Day Moving Average: $61.76
  • 52-Week Range: $50.60 - $75.40
  • Trailing P/E Ratio: 14.14
  • Foreward P/E Ratio: 1,386.60
  • P/E Growth: 1.61
  • Market Cap: $27.04B
  • Outstanding Shares: 390,015,000
  • Beta: 1.49
Profitability:
  • Net Margins: 20.19%
  • Return on Equity: 11.22%
  • Return on Assets: 0.85%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 0.47%
  • Quick Ratio: 0.47%
Additional Links:
Companies Related to State Street Corp.:

Analyst Ratings

Consensus Ratings for State Street Corp. (NYSE:STT) (?)
Ratings Breakdown: 3 Sell Ratings, 6 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $69.63 (0.43% upside)

Analysts' Ratings History for State Street Corp. (NYSE:STT)
Show:
DateFirmActionRatingPrice TargetDetails
9/23/2016Credit Agricole SABoost Price TargetUnderperform$60.00 -> $73.00View Rating Details
9/9/2016Deutsche Bank AGBoost Price TargetHold$70.00 -> $73.00View Rating Details
9/6/2016Credit Suisse Group AGReiterated RatingHold$74.00View Rating Details
9/6/2016Jefferies GroupBoost Price TargetBuy$74.00 -> $80.00View Rating Details
9/6/2016Sandler O'NeillDowngradeBuy -> Hold$73.00View Rating Details
7/28/2016Barclays PLCReiterated RatingOverweight$71.00View Rating Details
7/28/2016Keefe, Bruyette & WoodsBoost Price TargetUnderperform$54.00 -> $58.00View Rating Details
7/28/2016Citigroup Inc.Boost Price TargetNeutral$65.00 -> $68.00View Rating Details
6/21/2016Buckingham ResearchReiterated RatingBuyView Rating Details
4/29/2016ArgusReiterated RatingBuyView Rating Details
4/11/2016Royal Bank Of CanadaLower Price TargetSector Perform$70.00 -> $65.00View Rating Details
4/4/2016Morgan StanleyReiterated RatingUnderweight$62.00View Rating Details
1/7/2016JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$70.50View Rating Details
8/9/2015Standpoint ResearchReiterated RatingHold$81.00View Rating Details
3/17/2015Sanford C. BernsteinUpgradeUnderperform -> Market Perform$67.00 -> $77.00View Rating Details
11/20/2014S&P Equity ResearchReiterated RatingBuyView Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for State Street Corp. (NYSE:STT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016        
7/27/2016Q216$1.26$1.46$2.65 billion$2.57 billionViewListenView Earnings Details
4/27/2016Q116$0.90$0.98$2.57 billion$2.57 billionViewListenView Earnings Details
1/27/2016Q415$1.18$1.21$2.64 billion$2.54 billionViewListenView Earnings Details
10/23/2015Q315$1.25$1.16$2.69 billion$2.60 billionViewListenView Earnings Details
7/24/2015Q215$1.37$1.37$2.73 billion$2.61 billionViewListenView Earnings Details
4/24/2015Q115$1.05$1.17$2.67 billion$2.61 billionViewN/AView Earnings Details
1/23/2015Q414$1.25$1.37$2.65 billion$2.70 billionViewListenView Earnings Details
10/24/2014Q314$1.21$1.35$2.61 billion$2.58 billionViewListenView Earnings Details
7/22/2014Q214$1.27$1.39$2.61 billion$2.68 billionViewListenView Earnings Details
4/25/2014Q114$1.00$0.81$2.53 billion$2.49 billionViewListenView Earnings Details
1/24/2014Q413$1.20$1.15$2.50 billion$2.50 billionViewListenView Earnings Details
10/22/2013Q313$1.19$1.19$2.51 billion$2.47 billionViewListenView Earnings Details
7/19/2013Q2 2013$1.18$1.24$2.54 billion$2.56 billionViewListenView Earnings Details
4/19/2013Q1 2013$0.93$0.96$2.48 billion$2.47 billionViewListenView Earnings Details
1/18/2013Q4 2012$1.01$1.11$2.36 billion$2.46 billionViewListenView Earnings Details
10/16/2012$0.96$0.99ViewN/AView Earnings Details
7/17/2012$0.98$1.01ViewN/AView Earnings Details
4/17/2012$0.87$0.84ViewN/AView Earnings Details
1/18/2012$0.94$0.93ViewN/AView Earnings Details
10/18/2011$0.89$0.96ViewN/AView Earnings Details
7/19/2011$0.97$0.96ViewN/AView Earnings Details
4/19/2011$0.86$0.88ViewN/AView Earnings Details
1/19/2011$0.86$0.87ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for State Street Corp. (NYSE:STT)
Current Year EPS Consensus Estimate: $0.02 EPS
Next Year EPS Consensus Estimate: $0.05 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.82$0.96$0.90
Q2 20162$1.26$1.27$1.27
Q3 20162$1.19$1.20$1.20
Q4 20162$1.30$1.32$1.31
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for State Street Corp. (NYSE:STT)
Annual Dividend:$1.36
Dividend Yield:1.96%
Dividend Growth:2.90% (3 Year Average)
Payout Ratio:27.64% (Based on Trailing 12 Months of Earnings)
6,800.00% (Based on Current Year Consensus EPS Estimate)
2,720.00% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for State Street Corp. (NYSE:STT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2016quarterly$0.382.19%9/29/201610/3/201610/17/2016
5/19/2016quarterly$0.342.21%6/29/20167/1/20167/18/2016
2/18/2016quarterly$0.342.42%3/30/20164/1/20164/15/2016
12/17/2015quarterly$0.342.03%12/30/20151/4/20161/19/2016
8/28/2015quarterly$0.341.89%9/29/201510/1/201510/15/2015
5/20/2015quarterly$0.341.72%6/29/20157/1/20157/16/2015
2/19/2015quarterly$0.301.55%3/30/20154/1/20154/16/2015
12/11/2014quarterly$0.301.59%12/30/20141/2/20151/16/2015
7/17/2014quarterly$0.301.72%9/29/201410/1/201410/16/2014
5/14/2014quarterly$0.301.9%6/27/20147/1/20147/16/2014
2/20/2014quarterly$0.261.52%3/28/20144/1/20144/15/2014
12/19/2013quarterly$0.261.45%12/30/20131/2/20141/16/2014
7/19/2013quarterly$0.261.5%9/27/201310/1/201310/15/2013
5/15/2013quarterly$0.261.63%6/27/20137/1/20137/16/2013
2/22/2013quarterly$0.261.82%3/27/20134/1/20134/12/2013
12/14/2012quarterly$0.242.11%12/28/20121/2/20131/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for State Street Corp. (NYSE:STT)
Insider Ownership Percentage: 0.64%
Institutional Ownership Percentage: 86.03%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/30/2016Karen C KeenanEVPSell7,500$70.00$525,000.00View SEC Filing  
8/16/2016Sean P NewthCAOSell54$68.64$3,706.56View SEC Filing  
7/28/2016Karen C KeenanEVPSell7,500$65.00$487,500.00View SEC Filing  
7/27/2016Jeffrey N. CarpEVPSell40,196$61.76$2,482,504.96View SEC Filing  
7/20/2016Karen C KeenanEVPSell1,000$57.51$57,510.00View SEC Filing  
7/13/2016Jeffrey N. CarpEVPSell5,000$55.00$275,000.00View SEC Filing  
7/1/2016Jeffrey N. CarpEVPSell45,000$53.80$2,421,000.00View SEC Filing  
4/1/2016Jeffrey N CarpEVPSell25,000$58.00$1,450,000.00View SEC Filing  
2/25/2016Enviro Corp. SttInsiderBuy121,500$0.19$23,085.00
2/16/2016Andrew P. KuritzkesEVPSell8,295$55.02$456,390.90View SEC Filing  
1/29/2016Sean P NewthCAOSell500$53.63$26,815.00View SEC Filing  
1/20/2016Enviro Corp. SttInsiderBuy75,000$0.19$14,250.00
1/18/2016Enviro Corp. SttInsiderBuy8,000$0.20$1,560.00
1/15/2016Enviro Corp. SttInsiderBuy70,000$0.20$14,000.00
1/13/2016Enviro Corp. SttInsiderBuy80,000$0.21$16,800.00
11/23/2015Enviro Corp. SttInsiderBuy100,000$0.22$22,000.00
11/23/2015Joseph L HooleyCEOSell36,871$72.98$2,690,845.58View SEC Filing  
11/18/2015Enviro Corp. SttInsiderBuy100,000$0.23$23,000.00
11/16/2015Enviro Corp. SttInsiderBuy147,500$0.25$36,137.50
11/12/2015Jeffrey N. CarpEVPSell4,836$71.21$344,371.56View SEC Filing  
10/28/2015Joseph L HooleyCEOSell36,308$70.00$2,541,560.00View SEC Filing  
10/26/2015Enviro Corp. SttInsiderBuy70,000$0.25$17,500.00
10/20/2015Enviro Corp. SttInsiderBuy100,000$0.26$26,000.00
10/1/2015Jeffrey N. CarpEVPSell25,000$66.74$1,668,500.00View SEC Filing  
7/15/2015Alina Mihaela OsorioDirectorBuy100,000$0.27$27,000.00
7/15/2015Robert Donald Bruce GenoveseInsiderSell4,500,000$0.27$1,215,000.00
7/14/2015Bradley BergerDirectorBuy500,000$0.27$135,000.00
7/14/2015Robert Donald Bruce GenoveseInsiderSell200,000$0.28$56,000.00
6/10/2015Alison A QuirkEVPSell5,332$80.00$426,560.00View SEC Filing  
5/28/2015Christopher PerrettaEVPSell7,493$78.61$589,024.73View SEC Filing  
4/28/2015Andrew P KuritzkesEVPSell23,483$76.27$1,791,048.41View SEC Filing  
3/3/2015James S PhalenVice ChairmanSell10,842$74.88$811,848.96View SEC Filing  
2/26/2015Christopher PerrettaEVPSell10,000$74.91$749,100.00View SEC Filing  
2/24/2015Scott F PowersCEOSell51,986$77.98$4,053,868.28View SEC Filing  
2/24/2015Wai-Kwong SeckEVPSell15,000$78.10$1,171,500.00View SEC Filing  
2/17/2015James S PhalenVice ChairmanSell56,383$75.89$4,278,905.87View SEC Filing  
2/17/2015Peter O'neillEVPSell8,000$75.79$606,320.00View SEC Filing  
11/21/2014John L Jr. KlinckEVPSell25,653$76.50$1,962,454.50View SEC Filing  
11/19/2014Sean P NewthCAOSell1,737$75.76$131,595.12View SEC Filing  
11/3/2014James S PhalenChairmanSell14,514$75.55$1,096,532.70View SEC Filing  
5/1/2014Andrew KuritzkesEVPSell26,133$64.53$1,686,362.49View SEC Filing  
5/1/2014James PhalenChairmanSell19,530$64.66$1,262,809.80View SEC Filing  
2/19/2014Christopher PerrettaEVPSell25,388$68.20$1,731,461.60View SEC Filing  
2/18/2014Alison QuirkEVPSell18,000$68.19$1,227,420.00View SEC Filing  
2/4/2014Peter O'neillEVPSell12,600$65.18$821,268.00View SEC Filing  
1/28/2014Alison QuirkEVPSell1,961$68.57$134,465.77View SEC Filing  
1/28/2014James MalerbaCAOSell1,750$68.55$119,962.50View SEC Filing  
8/28/2013Michael RogersEVPSell250,000$67.93$16,982,500.00View SEC Filing  
8/22/2013John Jr. KlinckEVPSell18,474$69.38$1,281,726.12View SEC Filing  
8/13/2013James MalerbaCAOSell1,750$69.07$120,872.50View SEC Filing  
8/13/2013James PhalenEVPSell38,000$69.27$2,632,260.00View SEC Filing  
7/22/2013Joseph C AntonellisChairmanSell29,491$69.76$2,057,292.16View SEC Filing  
7/22/2013Scott F PowersCEOSell64,930$69.66$4,523,023.80View SEC Filing  
5/30/2013Andrew P KuritzkesEVPSell7,000$67.27$470,890.00View SEC Filing  
5/30/2013Edward J ReschCFOSell162,000$67.20$10,886,400.00View SEC Filing  
5/23/2013James J MalerbaCAOSell1,500$64.20$96,300.00View SEC Filing  
5/15/2013Alison A QuirkEVPSell3,673$63.44$233,015.12View SEC Filing  
11/23/2012Joseph L HooleyCEOSell93,300$45.68$4,261,944.00View SEC Filing  
8/22/2012Edward J ReschCFOSell50,000$41.81$2,090,500.00View SEC Filing  
8/20/2012James J MalerbaCAOSell4,500$41.88$188,460.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for State Street Corp. (NYSE:STT)
DateHeadline
News IconState Street Corporation (NYSE:STT) from Asset Management – Todays Top Gains (NYSE:STT)
twincountynews.com - September 26 at 7:34 PM
News IconFinancial Stocks Reports Analysis! Gramercy Property Trust (GPT), State Street Corp (NYSE:STT) - share market updates (press release) (NYSE:STT)
sharemarketupdates.com - September 26 at 11:57 AM
News IconIs State Street Corporation(NYSE: STT), a large market cap stock a smart buy? - The Daily Leicester (NYSE:STT)
thedailyleicester.com - September 26 at 11:57 AM
businesswire.com logoState Street Global Exchange Launches State Street MediaStats, Suite of Solutions to Help Investors Achieve ... - Business Wire (press release) (NYSE:STT)
www.businesswire.com - September 26 at 11:57 AM
publicnow.com logoState Street Global Exchange Launches State Street MediaStats, Suite of Solutions to Help Investors Achieve Information Edge (NYSE:STT)
www.publicnow.com - September 26 at 11:57 AM
News IconWhat are Brokerage Firms Saying About State Street Corporation (NYSE:STT)? - Frisco Fastball (NYSE:STT)
friscofastball.com - September 25 at 6:19 PM
News IconAnalysts Valuations For Two Stocks: Mylan NV (NASDAQ:MYL), State Street Corp (NYSE:STT) - The Voice Registrar (NYSE:STT)
voiceregistrar.com - September 24 at 11:10 AM
News IconResearch Report for: State Street Corporation (NYSE:STT) (NYSE:STT)
canalcncarauca.com - September 23 at 6:54 PM
News IconAsset Management: State Street Corporation (NYSE:STT) Position of the day (NYSE:STT)
twincountynews.com - September 23 at 6:54 PM
investornewswire.com logoState Street Corporation (NYSE:STT): Projected Quarterly EPS Of $1.41 - Investor Newswire (NYSE:STT)
www.investornewswire.com - September 23 at 11:02 AM
publicnow.com logoDespite Positive Outlook, New Research from State Street Reveals APAC Asset Owners, Managers Lack Readiness for Blockchain (NYSE:STT)
www.publicnow.com - September 22 at 11:16 AM
News IconStock in Limelight: State Street Corporation (NYSE:STT), 3D Systems Corporation (NYSE:DDD) - Newburgh Press (NYSE:STT)
newburghpress.com - September 21 at 7:00 PM
News IconA look at a High Market Cap Stock: State Street Corporation, STT ... - The Daily Leicester (NYSE:STT)
thedailyleicester.com - September 21 at 7:00 PM
News IconState Street Corporation (NYSE:STT) Mean Price Target Is $68.727 (NYSE:STT)
www.crcconnection.com - September 21 at 11:39 AM
News IconInvestor's Alert: Novavax, Inc. (NASDAQ:NVAX), State Street Corp (NYSE:STT) - NYSE Journal (press release) (NYSE:STT)
stockznews.com - September 20 at 10:33 AM
News IconState Street Corporation (NYSE: STT) – Is this large market cap stock undervalued? - The Daily Leicester (NYSE:STT)
thedailyleicester.com - September 20 at 10:33 AM
businesswire.com logoState Street Global Advisors Announces Dividend Distributions Resulting From Modifications to The Financial Select ... - Business Wire (press release) (NYSE:STT)
www.businesswire.com - September 20 at 10:33 AM
News IconState Street Corp (NYSE:STT) & Morgan Stanley (NYSE:MS) UPDATE ON U.S STOCKS : 16 Sep 2016 - Money News (NYSE:STT)
www.newsismoney.com - September 20 at 10:33 AM
streetinsider.com logoState Street Global Advisors (STT) Announces Distribution Breakdown Associated with Financial Select Sector SPDR (XLF) Modification (NYSE:STT)
www.streetinsider.com - September 19 at 7:28 PM
News IconHigh Market Cap Stock of the Day – State Street Corporation (NYSE:STT) (NYSE:STT)
twincountynews.com - September 19 at 7:28 PM
finance.yahoo.com logoPeerNova Engages with State Street to Prototype Tracking of Capital Lineage with Blockchain Technology (NYSE:STT)
finance.yahoo.com - September 19 at 7:28 PM
News IconState Street Global Advisors Announces Dividend Distributions Resulting From Modifications to The Financial Select Sector SPD... (NYSE:STT)
ih.advfn.com - September 19 at 11:23 AM
publicnow.com logoState Street Global Advisors Announces Dividend Distributions Resulting From Modifications to The Financial Select Sector SPDR® Fund (NYSE:STT)
www.publicnow.com - September 19 at 11:23 AM
finance.yahoo.com logoState Street Corporation Declares Dividend on Its Common Stock - Yahoo Finance (NYSE:STT)
finance.yahoo.com - September 17 at 6:56 PM
marketnewsvideo.com logoState Street's Preferred Stock, Series G Yield Pushes Past 5% (NYSE:STT)
www.marketnewsvideo.com - September 17 at 11:06 AM
News IconIs State Street Corporation (NYSE:STT), a large market cap stock a smart buy? (NYSE:STT)
twincountynews.com - September 17 at 11:06 AM
businesswire.com logoState Street Global Advisors Announces Benchmark Rebalance for The Financial Select Sector SPDR® Fund - Business Wire (press release) (NYSE:STT)
www.businesswire.com - September 16 at 11:05 AM
seekingalpha.com logoState Street declares $0.38 dividend (NYSE:STT)
seekingalpha.com - September 15 at 7:37 PM
finance.yahoo.com logo4:34 pm State Street confirms increased quarterly dividend to $0.38/share from $0.34/share (NYSE:STT)
finance.yahoo.com - September 15 at 7:37 PM
publicnow.com logoState Street Corporation Declares Dividend on Its Common Stock (NYSE:STT)
www.publicnow.com - September 15 at 7:37 PM
publicnow.com logoState Street Corporation Announces Date for Release of Third-Quarter 2016 Financial Results and Conference Call Webcast (NYSE:STT)
www.publicnow.com - September 15 at 7:37 PM
businesswire.com logoCORRECTING and REPLACING State Street Global Advisors Announces ETF Share Split - Business Wire (press release) (NYSE:STT)
www.businesswire.com - September 15 at 11:12 AM
News IconAnalysts Valuations For Two Stocks: State Street Corp (NYSE:STT), CA, Inc. (NASDAQ:CA) - The Voice Registrar (NYSE:STT)
voiceregistrar.com - September 15 at 11:12 AM
finance.yahoo.com logoState Street to Split International Treasury ETF (NYSE:STT)
finance.yahoo.com - September 15 at 11:12 AM
realistinvestor.com logoState Street Corporation (NYSE:STT) Mean Price Target Is $68.636 (NYSE:STT)
www.realistinvestor.com - September 14 at 7:42 PM
businesswire.com logoState Street Global Advisors Announces ETF Share Split - Business Wire (press release) (NYSE:STT)
www.businesswire.com - September 14 at 11:51 AM
News IconTrendy Stock of Yesterday - State Street Corporation's (STT) - Hot Stocks Point (NYSE:STT)
www.hotstockspoint.com - September 14 at 11:51 AM
publicnow.com logoState Street Global Advisors Announces ETF Share Split (NYSE:STT)
www.publicnow.com - September 14 at 11:51 AM
istreetwire.com logoStocks In Action: State Street Corporation (STT), Two Harbors Investment Corp. (TWO), Plains GP Holdings, L.P. (PAGP) - iStreetWire (NYSE:STT)
istreetwire.com - September 12 at 7:02 PM
News IconState Street Corporation (NYSE:STT) – Top Stock from Financial ... - The Daily Leicester (NYSE:STT)
thedailyleicester.com - September 12 at 7:02 PM
News IconDeutsche Bank Indicates Potential 4.29% Increase In Shares Of State Street Corporation (NYSE:STT)
www.crcconnection.com - September 11 at 6:51 PM
bloomberg.com logoU.S. Rate Hike Won’t Spoil Appetite for Gold, State Street Says (NYSE:STT)
www.bloomberg.com - September 11 at 6:51 PM
businesswire.com logoState Street Named to Top Charitable Companies List with More ... - Business Wire (press release) (NYSE:STT)
www.businesswire.com - September 9 at 7:07 PM
nasdaq.com logoState Street's Preferred Stock, Series E Shares Cross 5.5% Yield Mark - Nasdaq (NYSE:STT)
www.nasdaq.com - September 9 at 7:07 PM
finance.yahoo.com logoState Street Named to Top Charitable Companies List with More Than $15 Million Invested in Massachusetts-Based Charities in 2015 (NYSE:STT)
finance.yahoo.com - September 9 at 7:07 PM
News IconInstitutional Investors Have Decreased Positions in State Street Corporation (NYSE:STT) - National Daily Press (NYSE:STT)
www.nationaldailypress.com - September 9 at 10:58 AM
News IconThursday Trading Session Review: State Street Corporation (NYSE:STT) - National Daily Press (NYSE:STT)
www.nationaldailypress.com - September 9 at 10:58 AM
News IconThursday Trading Session Review: State Street Corporation (NYSE:STT) (NYSE:STT)
www.nationaldailypress.com - September 8 at 7:10 PM
News IconUpdate on State Street Corporation (NYSE:STT) for the day (NYSE:STT)
twincountynews.com - September 7 at 11:14 AM
News IconAnalysts Valuations For Two Stocks: State Street Corp (NYSE:STT), Sirius XM Holdings Inc. (NASDAQ:SIRI) - The Voice Registrar (NYSE:STT)
voiceregistrar.com - September 6 at 7:38 PM

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State Street Corp. (NYSE:STT) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff