NYSE:STT - State Street Stock Price, News, & Analysis

State Street trades on the New York Stock Exchange (NYSE) under the ticker symbol "STT."

State Street declared a quarterly dividend on Thursday, July 19th. Shareholders of record on Monday, October 1st will be paid a dividend of $0.47 per share on Monday, October 15th. This represents a $1.88 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend is Friday, September 28th. This is a positive change from State Street's previous quarterly dividend of $0.42. View State Street's Dividend History.

State Street declared that its board has approved a share repurchase program on Thursday, June 29th 2017, which permits the company to buyback $1,400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 4.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

State Street Corp (NYSE:STT) announced its quarterly earnings results on Friday, October, 19th. The asset manager reported $1.87 earnings per share for the quarter, missing the consensus estimate of $1.89 by $0.02. The asset manager had revenue of $2.95 billion for the quarter, compared to analyst estimates of $3.02 billion. State Street had a net margin of 19.90% and a return on equity of 14.99%. State Street's revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.71 EPS. View State Street's Earnings History.

State Street is scheduled to release their next quarterly earnings announcement on Tuesday, January 22nd 2019. View Earnings Estimates for State Street.

16 equities research analysts have issued 1-year price targets for State Street's shares. Their predictions range from $80.00 to $131.00. On average, they anticipate State Street's share price to reach $100.00 in the next twelve months. This suggests a possible upside of 56.2% from the stock's current price. View Analyst Price Targets for State Street.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for State Street in the last year. There are currently 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for State Street.

News stories about STT stock have trended somewhat positive on Monday, according to InfoTrie. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. State Street earned a news impact score of 1.9 on InfoTrie's scale. They also gave media headlines about the asset manager a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the company's share price in the next several days.

Some companies that are related to State Street include Itau Unibanco (ITUB), Bank of Nova Scotia (BNS), Banco Bradesco (BBD), SBERBANK RUSSIA/S (SBRCY), Bank of New York Mellon (BK), BANCO BRADESCO/S (BBDO), M&T Bank (MTB), Northern Trust (NTRS), Deutsche Bank (DB), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH) and Signature Bank (SBNY).

State Street's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (7.64%), Vanguard Group Inc. (6.90%), BlackRock Inc. (5.99%), FMR LLC (3.53%), Longview Partners Guernsey LTD (3.06%) and Capital International Investors (2.20%). Company insiders that own State Street stock include Amelia C Fawcett, Andrew Erickson, Andrew P Kuritzkes, Elizabeth Schaefer, George E Sullivan, Hannah M Grove, Jeff D Conway, Jeffrey N Carp, Joseph L Hooley, Karen C Keenan, Louis D Maiuri, Saint-Aignan Patrick De, Sean P Newth and Wai-Kwong Seck. View Institutional Ownership Trends for State Street.

STT stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, PNC Financial Services Group Inc., Pzena Investment Management LLC, AQR Capital Management LLC, Mitsubishi UFJ Trust & Banking Corp, Alliancebernstein L.P., The Manufacturers Life Insurance Company and Rothschild & Co. Asset Management US Inc.. Company insiders that have sold State Street company stock in the last year include Andrew Erickson, Andrew P Kuritzkes, Elizabeth Schaefer, George E Sullivan, Jeff D Conway, Joseph L Hooley and Karen C Keenan. View Insider Buying and Selling for State Street.

STT stock was purchased by a variety of institutional investors in the last quarter, including Longview Partners Guernsey LTD, Massachusetts Financial Services Co. MA, BlackRock Inc., American Century Companies Inc., Renaissance Technologies LLC, Deutsche Bank AG, Vanguard Group Inc. and Capital International Investors. Company insiders that have bought State Street stock in the last two years include Louis D Maiuri and Saint-Aignan Patrick De. View Insider Buying and Selling for State Street.

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

One share of STT stock can currently be purchased for approximately $64.03.

State Street has a market capitalization of $24.69 billion and generates $11.81 billion in revenue each year. The asset manager earns $2.18 billion in net income (profit) each year or $5.96 on an earnings per share basis. State Street employs 36,643 workers across the globe.

The official website for State Street is http://www.statestreet.com.

State Street's mailing address is ONE LINCOLN STREET, BOSTON MA, 02111. The asset manager can be reached via phone at 617-786-3000 or via email at [email protected]