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 announced a quarterly dividend on Thursday, July 19th. Stockholders 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 dividend yield of 2.19%. This is a boost 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 stock buyback program on Thursday, June 29th 2017, which authorizes the company to repurchase $1,400,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 4.2% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

State Street Corp (NYSE:STT) announced its quarterly earnings results on Friday, July, 20th. The asset manager reported $1.88 EPS for the quarter, missing the consensus estimate of $2.01 by $0.13. The asset manager earned $3.03 billion during the quarter, compared to the consensus estimate of $3.05 billion. State Street had a net margin of 19.07% and a return on equity of 14.23%. The firm's quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the business earned $1.67 EPS. View State Street's Earnings History.

State Street is scheduled to release their next quarterly earnings announcement on Monday, October, 22nd 2018. View Earnings Estimates for State Street.

12 equities research analysts have issued 1 year price objectives for State Street's shares. Their predictions range from $102.00 to $131.00. On average, they expect State Street's share price to reach $113.75 in the next year. This suggests a possible upside of 32.5% 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), Deutsche Bank (DB), Northern Trust (NTRS), BANCO BRADESCO/S (BBDO), Citizens Financial Group (CFG), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY) and Western Alliance Bancorporation (WAL).

Media headlines about STT stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. State Street earned a media sentiment score of 0.04 on Accern's scale. They also assigned media stories about the asset manager an impact score of 47.00 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

State Street's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.22%), Cornerstone Investment Partners LLC (0.13%), Westpac Banking Corp (0.10%), Gillespie Robinson & Grimm Inc. (0.08%), Welch & Forbes LLC (0.07%) and Mckinley Capital Management LLC Delaware (0.07%). 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, Hartford Investment Management Co., Welch & Forbes LLC, Cornerstone Investment Partners LLC, Oakbrook Investments LLC, CENTRAL TRUST Co and Bremer Trust National Association. 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 acquired by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Cornerstone Wealth Management LLC, CMH Wealth Management LLC, Hennessy Advisors Inc., Xact Kapitalforvaltning AB, State of Alaska Department of Revenue, Westpac Banking Corp and Municipal Employees Retirement System of Michigan. 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 $85.87.

State Street has a market capitalization of $33.89 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]