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 announced a quarterly dividend on Thursday, December 13th. Investors of record on Wednesday, January 2nd will be given a dividend of $0.47 per share on Wednesday, January 16th. This represents a $1.88 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend is Monday, December 31st. View State Street's Dividend History.

State Street declared that its Board of Directors has approved a stock repurchase plan on Thursday, June 29th 2017, which permits the company to buyback $1,400,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 4.2% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

State Street Corp (NYSE:STT) released 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 the consensus estimate of $3.02 billion. State Street had a return on equity of 14.99% and a net margin of 19.90%. State Street's revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the company posted $1.71 earnings per share. 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 Wall Street analysts have issued 12 month price targets for State Street's shares. Their predictions range from $72.00 to $131.00. On average, they expect State Street's share price to reach $97.1429 in the next year. This suggests a possible upside of 52.9% 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.

Media stories about STT stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. State Street earned a news sentiment score of 1.2 on InfoTrie's scale. They also assigned media headlines about the asset manager a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat 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), Banco Bradesco (BBD), Bank of Nova Scotia (BNS), 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%), Vanguard Group Inc (6.90%), BlackRock Inc. (5.99%), FMR LLC (3.53%) and Longview Partners Guernsey LTD (3.06%). 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 Vanguard Group Inc.. 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 $63.53.

State Street has a market capitalization of $23.98 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]