QQQ   310.34 (+1.43%)
AAPL   159.28 (+1.19%)
MSFT   273.78 (+0.57%)
META   202.16 (+2.20%)
GOOGL   104.92 (+3.66%)
AMZN   100.61 (+2.97%)
TSLA   197.58 (+7.82%)
NVDA   261.99 (+1.15%)
NIO   9.27 (+5.94%)
BABA   83.70 (+3.33%)
AMD   95.93 (-0.91%)
T   18.54 (+0.27%)
F   11.72 (+4.83%)
MU   58.63 (+1.72%)
CGC   1.97 (+5.91%)
GE   92.18 (+2.51%)
DIS   96.54 (+2.46%)
AMC   4.41 (+3.28%)
PFE   40.66 (-0.37%)
PYPL   76.72 (+4.79%)
NFLX   305.79 (+0.22%)
QQQ   310.34 (+1.43%)
AAPL   159.28 (+1.19%)
MSFT   273.78 (+0.57%)
META   202.16 (+2.20%)
GOOGL   104.92 (+3.66%)
AMZN   100.61 (+2.97%)
TSLA   197.58 (+7.82%)
NVDA   261.99 (+1.15%)
NIO   9.27 (+5.94%)
BABA   83.70 (+3.33%)
AMD   95.93 (-0.91%)
T   18.54 (+0.27%)
F   11.72 (+4.83%)
MU   58.63 (+1.72%)
CGC   1.97 (+5.91%)
GE   92.18 (+2.51%)
DIS   96.54 (+2.46%)
AMC   4.41 (+3.28%)
PFE   40.66 (-0.37%)
PYPL   76.72 (+4.79%)
NFLX   305.79 (+0.22%)
QQQ   310.34 (+1.43%)
AAPL   159.28 (+1.19%)
MSFT   273.78 (+0.57%)
META   202.16 (+2.20%)
GOOGL   104.92 (+3.66%)
AMZN   100.61 (+2.97%)
TSLA   197.58 (+7.82%)
NVDA   261.99 (+1.15%)
NIO   9.27 (+5.94%)
BABA   83.70 (+3.33%)
AMD   95.93 (-0.91%)
T   18.54 (+0.27%)
F   11.72 (+4.83%)
MU   58.63 (+1.72%)
CGC   1.97 (+5.91%)
GE   92.18 (+2.51%)
DIS   96.54 (+2.46%)
AMC   4.41 (+3.28%)
PFE   40.66 (-0.37%)
PYPL   76.72 (+4.79%)
NFLX   305.79 (+0.22%)
QQQ   310.34 (+1.43%)
AAPL   159.28 (+1.19%)
MSFT   273.78 (+0.57%)
META   202.16 (+2.20%)
GOOGL   104.92 (+3.66%)
AMZN   100.61 (+2.97%)
TSLA   197.58 (+7.82%)
NVDA   261.99 (+1.15%)
NIO   9.27 (+5.94%)
BABA   83.70 (+3.33%)
AMD   95.93 (-0.91%)
T   18.54 (+0.27%)
F   11.72 (+4.83%)
MU   58.63 (+1.72%)
CGC   1.97 (+5.91%)
GE   92.18 (+2.51%)
DIS   96.54 (+2.46%)
AMC   4.41 (+3.28%)
PFE   40.66 (-0.37%)
PYPL   76.72 (+4.79%)
NFLX   305.79 (+0.22%)
NYSE:STT

State Street - STT Stock Forecast, Price & News

$76.72
+3.28 (+4.47%)
(As of 03/21/2023 12:00 AM ET)
Add
Compare
Today's Range
$76.02
$77.59
50-Day Range
$71.77
$94.11
52-Week Range
$58.62
$94.74
Volume
3.05 million shs
Average Volume
3.20 million shs
Market Capitalization
$26.43 billion
P/E Ratio
10.67
Dividend Yield
3.28%
Price Target
$88.68

State Street MarketRank™ Forecast

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
15.6% Upside
$88.68 Price Target
Short Interest
Healthy
1.55% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.30
Upright™ Environmental Score
News Sentiment
0.82mentions of State Street in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$2.92 M Sold Last Quarter
Proj. Earnings Growth
9.08%
From $8.59 to $9.37 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.43 out of 5 stars

Finance Sector

24th out of 872 stocks

State Commercial Banks Industry

7th out of 179 stocks


STT stock logo

About State Street (NYSE:STT) Stock

State Street Corp. engages in the provision of financial services to institutional investors. It operates through the Commercial and Financial, and Commercial Real Estate segments. The company was founded in 1792 and is headquartered in Boston, MA.

Receive STT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for State Street and its competitors with MarketBeat's FREE daily newsletter.

STT Stock News Headlines

What the SVB Financial Collapse Means for U.S. Banks (STT)
Bank stocks of all shapes and sizes are likely to remain volatile in the aftermath of the stunning Silicon Valley Bank collapse.
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
STT November 17th Options Begin Trading
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
Where Is State Street Stock Headed?
See More Headlines
Receive STT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for State Street and its competitors with MarketBeat's FREE daily newsletter.

STT Company Calendar

Last Earnings
10/17/2021
Ex-Dividend for 1/13 Dividend
12/30/2022
Dividend Payable
1/13/2023
Today
3/21/2023
Ex-Dividend for 4/13 Dividend
3/31/2023
Dividend Payable
4/13/2023
Next Earnings (Confirmed)
4/17/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
85747710
Employees
42,226
Year Founded
1792

Price Target and Rating

Average Stock Price Forecast
$88.68
High Stock Price Forecast
$116.00
Low Stock Price Forecast
$74.50
Forecasted Upside/Downside
+15.1%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$2.77 billion
Pretax Margin
24.30%

Debt

Sales & Book Value

Annual Sales
$13.69 billion
Cash Flow
$11.74 per share
Book Value
$63.27 per share

Miscellaneous

Free Float
343,618,000
Market Cap
$26.53 billion
Optionable
Optionable
Beta
1.59

Social Links


Key Executives

  • Ron O'Hanley
    Chairman & Chief Executive Officer
  • Louis D. Maiuri
    President, COO & Head-Investment Services
  • Eric W. Aboaf
    Vice Chairman-Management Board & CFO
  • Brian Franz
    Chief Information Officer & Executive VP
  • Andrew Zitney
    Chief Technology Officer & Executive VP













STT Stock - Frequently Asked Questions

Should I buy or sell State Street stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for State Street in the last twelve months. There are currently 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" STT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STT, but not buy additional shares or sell existing shares.
View STT analyst ratings
or view top-rated stocks.

What is State Street's stock price forecast for 2023?

11 equities research analysts have issued 12 month target prices for State Street's stock. Their STT share price forecasts range from $74.50 to $116.00. On average, they predict the company's share price to reach $88.68 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts price targets for STT
or view top-rated stocks among Wall Street analysts.

How have STT shares performed in 2023?

State Street's stock was trading at $77.57 at the beginning of the year. Since then, STT shares have decreased by 0.7% and is now trading at $77.02.
View the best growth stocks for 2023 here
.

Are investors shorting State Street?

State Street saw a increase in short interest in February. As of February 15th, there was short interest totaling 4,720,000 shares, an increase of 19.8% from the January 31st total of 3,940,000 shares. Based on an average daily volume of 2,890,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 1.4% of the shares of the stock are sold short.
View State Street's Short Interest
.

When is State Street's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 17th 2023.
View our STT earnings forecast
.

How can I listen to State Street's earnings call?

State Street will be holding an earnings conference call on Monday, April 17th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 877-674-7070 with passcode "159898 #".

How were State Street's earnings last quarter?

State Street Co. (NYSE:STT) released its earnings results on Sunday, October, 17th. The asset manager reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.08. The asset manager earned $2.99 billion during the quarter, compared to the consensus estimate of $2.96 billion. State Street had a trailing twelve-month return on equity of 12.03% and a net margin of 20.92%. The firm's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.45 earnings per share.
Read the conference call transcript
.

How often does State Street pay dividends? What is the dividend yield for State Street?

State Street declared a quarterly dividend on Tuesday, February 14th. Stockholders of record on Monday, April 3rd will be paid a dividend of $0.63 per share on Thursday, April 13th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 3.27%. The ex-dividend date is Friday, March 31st.
Read our dividend analysis for STT
.

Is State Street a good dividend stock?

State Street (NYSE:STT) pays an annual dividend of $2.52 per share and currently has a dividend yield of 3.51%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STT will have a dividend payout ratio of 26.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STT.

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.

What other stocks do shareholders of State Street own?

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

What is State Street's stock symbol?

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

Who are State Street's major shareholders?

State Street's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bank of America Corp DE (2.65%), Longview Partners Guernsey LTD (2.09%), Price T Rowe Associates Inc. MD (2.08%), Geode Capital Management LLC (2.05%), Morgan Stanley (1.64%) and JPMorgan Chase & Co. (1.22%). Insiders that own company stock include Andrew Erickson, Cyrus Taraporevala, David C Phelan, Francisco Aristeguieta, Ian Appleyard, John Lehner, John Plansky, Michael L Richards and Saint-Aignan Patrick De.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is State Street's stock price today?

One share of STT stock can currently be purchased for approximately $77.02.

How much money does State Street make?

State Street (NYSE:STT) has a market capitalization of $26.53 billion and generates $13.69 billion in revenue each year. The asset manager earns $2.77 billion in net income (profit) each year or $7.19 on an earnings per share basis.

How many employees does State Street have?

The company employs 42,226 workers across the globe.

Does State Street have any subsidiaries?
The following companies are subsidiares of State Street: Antrim Corporation, Investors Copley Securities Corporation, Offshore Financial Solutions LTD, Quincy Securities Corporation, BBH’s Investor Services, BestX, Charles River Development, Charles River Systems Inc, Complementa, Currenex Inc, GE Asset Management, International Fund Services (N.A.) LLC, International Fund Services Ireland Limited, Mercatus, PFS, SSB Investments Inc, SSB Realty LLC, Sail Trust, State Street Australia Limited, State Street Bank International GmbH, State Street Bank and Trust Company, State Street Europe Holdings Germany Sarl & Co KG, State Street Global Advisors Inc, State Street Global Advisors International Holdings Inc, State Street Global Advisors Limited, State Street Global Advisors Switzerland Holdings GmbH, State Street Global Advisors Trust Company, State Street Global Markets LLC, State Street Holdings Germany GmbH, State Street Intermediate Funding LLC, State Street International Holdings, State Street International Holdings Switzerland GmbH, State Street Public Lending Corporation, State Street Trust Company Canada, State Street Trust and Banking Company Limited, and The National Bank of Georgia.
Read More
How can I contact State Street?

State Street's mailing address is ONE LINCOLN STREET, BOSTON MA, 02111. The official website for the company is www.statestreet.com. The asset manager can be reached via phone at (617) 786-3000, via email at ir@statestreet.com, or via fax at 617-654-3386.

This page (NYSE:STT) was last updated on 3/21/2023 by MarketBeat.com Staff