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NYSE:STT

State Street (STT) Stock Price, News & Analysis

$85.30
+0.41 (+0.48%)
(As of 07/26/2024 ET)
Today's Range
$84.63
$85.87
50-Day Range
$70.91
$85.34
52-Week Range
$62.78
$86.24
Volume
1.51 million shs
Average Volume
2.30 million shs
Market Capitalization
$25.70 billion
P/E Ratio
15.97
Dividend Yield
3.24%
Price Target
$88.96

State Street MarketRank™ Stock Analysis

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
4.3% Upside
$88.96 Price Target
Short Interest
Healthy
1.08% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.47mentions of State Street in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$7,507 Sold Last Quarter
Proj. Earnings Growth
9.85%
From $8.12 to $8.92 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.85 out of 5 stars

Finance Sector

33rd out of 898 stocks

State Commercial Banks Industry

5th out of 181 stocks

STT stock logo

About State Street Stock (NYSE:STT)

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; finance leasing; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds, UCITS, hedge funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

STT Stock Price History

STT Stock News Headlines

State Street building logo
Financial Giant's Shares Soar on EPS Beat and Record Asset Levels (STT)
State Street beat earnings estimates on its latest release, putting shares up big on the day. Record asset levels also impressed.
State Street Co. (NYSE:STT) Sees Large Drop in Short Interest
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
J.P. Morgan’s DIRE Warning
When the largest bank in the U.S. says a crisis is coming - you NEED to listen. The Wall Street Journal warns, "America's bonds are getting harder to sell."
State Street Co. (STT) To Go Ex-Dividend on October 1st
See More Headlines
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Company Calendar

Ex-Dividend for 7/11 Dividend
7/01/2024
Dividend Payable
7/11/2024
Last Earnings
7/16/2024
Today
7/26/2024
Next Earnings (Estimated)
10/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Asset Management & Custody Banks
CUSIP
85747710
Employees
46,000
Year Founded
1792

Price Target and Rating

Average Stock Price Target
$88.96
High Stock Price Target
$103.00
Low Stock Price Target
$73.00
Potential Upside/Downside
+4.3%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
$1.94 billion
Pretax Margin
11.05%

Debt

Sales & Book Value

Annual Sales
$18.37 billion
Cash Flow
$11.67 per share
Book Value
$74.00 per share

Miscellaneous

Free Float
300,325,000
Market Cap
$25.69 billion
Optionable
Optionable
Beta
1.48

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STT Stock Analysis - Frequently Asked Questions

How have STT shares performed this year?

State Street's stock was trading at $77.46 at the start of the year. Since then, STT stock has increased by 10.1% and is now trading at $85.30.
View the best growth stocks for 2024 here
.

How were State Street's earnings last quarter?

State Street Co. (NYSE:STT) announced its quarterly earnings data on Tuesday, July, 16th. The asset manager reported $2.15 EPS for the quarter, topping the consensus estimate of $2.03 by $0.12. The firm's revenue was up 2.6% on a year-over-year basis.
Read the conference call transcript
.

What is Ronald O’Hanley's approval rating as State Street's CEO?

471 employees have rated State Street Chief Executive Officer Ronald O’Hanley on Glassdoor.com. Ronald O’Hanley has an approval rating of 73% among the company's employees.

Does State Street have any subsidiaries?

The following companies are subsidiaries of State Street: BBH’s Investor Services, Mercatus, BestX, Charles River Development, GE Asset Management, The National Bank of Georgia, Complementa, and others.

Who are State Street's major shareholders?

State Street's top institutional investors include Metropolis Capital Ltd (1.37%), Bank of New York Mellon Corp (0.68%), AustralianSuper Pty Ltd (0.63%) and Ferguson Wellman Capital Management Inc. (0.26%). Insiders that own company stock include Eric W Aboaf, David C Phelan, Donna M Milrod, John Plansky, Michael L Richards, Anthony Bisegna, Ian Appleyard, Andrew Erickson, Francisco Aristeguieta, Saint-Aignan Patrick De and Cyrus Taraporevala.
View institutional ownership trends
.

How do I buy shares of State Street?

Shares of STT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of State Street own?

Based on aggregate information from My MarketBeat watchlists, some other companies that State Street investors own include JPMorgan Chase & Co. (JPM), AT&T (T), Verizon Communications (VZ), Bank of America (BAC), NVIDIA (NVDA), Walt Disney (DIS) and Johnson & Johnson (JNJ).

This page (NYSE:STT) was last updated on 7/27/2024 by MarketBeat.com Staff

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