NYSE:STT - State Street Stock Price, Price Target & More

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

State Street declared a quarterly dividend on Wednesday, May 16th. Investors of record on Monday, July 2nd will be given a dividend of $0.42 per share on Tuesday, July 17th. This represents a $1.68 dividend on an annualized basis and a yield of 1.80%. The ex-dividend date of this dividend is Friday, June 29th. View State Street's Dividend History.

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

State Street Corp (NYSE:STT) posted its earnings results on Friday, April, 20th. The asset manager reported $1.62 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.58 by $0.04. The asset manager earned $3.02 billion during the quarter, compared to analyst estimates of $3 billion. State Street had a return on equity of 14.23% and a net margin of 19.07%. State Street's revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.21 earnings per share. View State Street's Earnings History.

State Street is scheduled to release their next quarterly earnings announcement on Friday, July, 20th 2018. View Earnings Estimates for State Street.

12 analysts have issued 12 month price targets for State Street's shares. Their forecasts range from $95.00 to $131.00. On average, they anticipate State Street's share price to reach $112.9167 in the next year. This suggests a possible upside of 21.2% from the stock's current price. View Analyst Ratings for State Street.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for State Street in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

News coverage about STT stock has trended positive on Tuesday, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. State Street earned a media sentiment score of 0.45 on Accern's scale. They also gave press coverage about the asset manager an impact score of 46.27 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

State Street's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.22%), Welch & Forbes LLC (0.07%), Mckinley Capital Management LLC Delaware (0.07%), Addenda Capital Inc. (0.05%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%) and Xact Kapitalforvaltning AB (0.03%). 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, 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 Bank of Montreal Can, Mckinley Capital Management LLC Delaware, Welch & Forbes LLC, CENTRAL TRUST Co, Bremer Trust National Association, Addenda Capital Inc., Gateway Investment Advisers LLC and Reliance Trust Co. of Delaware. Company insiders that have sold State Street company stock in the last year include Amelia C Fawcett, Andrew Erickson, Andrew P Kuritzkes, Elizabeth Schaefer, George E Sullivan, Hannah M Grove, Jeff D Conway, Joseph L Hooley, Karen C Keenan and Sean P Newth. View Insider Buying and Selling for State Street.

STT stock was purchased by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Xact Kapitalforvaltning AB, State of Alaska Department of Revenue, IFM Investors Pty Ltd, DnB Asset Management AS, Atria Investments LLC, Pennsylvania Trust Co and Livforsakringsbolaget Skandia Omsesidigt. 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 $93.20.

State Street has a market capitalization of $33.78 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.

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]