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

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

State Street declared a quarterly dividend on Thursday, December 19th. Investors of record on Thursday, January 2nd will be paid a dividend of $0.52 per share on Thursday, January 16th. This represents a $2.08 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend is Tuesday, December 31st. View State Street's Dividend History.

State Street Corp (NYSE:STT) issued its quarterly earnings data on Friday, January, 17th. The asset manager reported $1.98 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.70 by $0.28. The asset manager had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.94 billion. State Street had a return on equity of 11.79% and a net margin of 18.14%. The firm's quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.68 EPS. View State Street's Earnings History.

State Street is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for State Street.

16 analysts have issued 1-year price targets for State Street's shares. Their forecasts range from $69.00 to $95.00. On average, they expect State Street's stock price to reach $83.36 in the next year. This suggests a possible upside of 5.8% 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 1 sell rating, 5 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for State Street.

News headlines about STT stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news 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 coverage optimism score of -1.0 on InfoTrie's scale. They also assigned media coverage about the asset manager a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for State Street.

State Street saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,630,000 shares, an increase of 10.5% from the January 15th total of 4,190,000 shares. Based on an average daily trading volume, of 2,660,000 shares, the short-interest ratio is presently 1.7 days. Currently, 1.3% of the shares of the stock are sold short. View State Street's Current Options Chain.

Some companies that are related to State Street include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Cohen & Steers (CNS), Legg Mason (LM) and Main Street Capital (MAIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other State Street investors own include Verizon Communications (VZ), Ford Motor (F), AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Alibaba Group (BABA), Visa (V) and Netflix (NFLX).

State Street's stock is owned by many different of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (6.53%), Longview Partners Guernsey LTD (5.32%), FMR LLC (4.93%), State Street Corp (4.89%), Capital International Investors (2.12%) and Hotchkis & Wiley Capital Management LLC (1.14%). Company insiders that own State Street stock include Andrew Erickson, Andrew P Kuritzkes, Elizabeth Schaefer, George E Sullivan, Gregory L Summe, Hanley Ronald P O, Jeff D Conway, Jeffrey N Carp, Joerg Ambrosius, Joseph L Hooley, Karen C Keenan, Louis D Maiuri, Robert Willett and Saint-Aignan Patrick De. View Institutional Ownership Trends for State Street.

STT stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, FMR LLC, Hotchkis & Wiley Capital Management LLC, Caisse DE Depot ET Placement DU Quebec, Capital International Investors, Longview Partners Guernsey LTD, Van ECK Associates Corp and Kiltearn Partners LLP. Company insiders that have sold State Street company stock in the last year include Andrew Erickson, Andrew P Kuritzkes, Hanley Ronald P O, Jeffrey N Carp, Joerg Ambrosius, Joseph L Hooley, Karen C Keenan and Robert Willett. View Insider Buying and Selling for State Street.

STT stock was acquired by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Goldman Sachs Group Inc., Alyeska Investment Group L.P., Samlyn Capital LLC, Los Angeles Capital Management & Equity Research Inc., Polaris Greystone Financial Group LLC, Bank of Montreal Can and Mackay Shields LLC. Company insiders that have bought State Street stock in the last two years include Gregory L Summe, Hanley Ronald P O, 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, Robinhood, Fidelity and Charles Schwab.

One share of STT stock can currently be purchased for approximately $78.77.

State Street has a market capitalization of $28.64 billion and generates $13.13 billion in revenue each year. The asset manager earns $2.38 billion in net income (profit) each year or $6.17 on an earnings per share basis. State Street employs 40,142 workers across the globe.View Additional Information About State Street.

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]