S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
S&P 500   4,008.01
DOW   32,223.42
QQQ   298.44
NYSE:STT

State Street (STT) Stock Forecast, Price & News

$68.31
-0.90 (-1.30%)
(As of 05/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$67.44
$69.18
50-Day Range
$66.31
$92.11
52-Week Range
$65.80
$104.87
Volume
1.64 million shs
Average Volume
2.57 million shs
Market Capitalization
$25.08 billion
P/E Ratio
9.26
Dividend Yield
3.29%
Beta
1.61
30 days | 90 days | 365 days | Advanced Chart
Receive STT 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.

State Street logo

About State Street

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded fund under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Asset Management & Custody Banks
Sector
Finance
CUSIP
85747710
Employees
38,784
Year Founded
1792

Sales & Book Value

Annual Sales
$12.03 billion
Cash Flow
$11.72 per share
Book Value
$66.05 per share

Profitability

Net Income
$2.69 billion
Pretax Margin
27.10%

Debt

Price-To-Earnings

Miscellaneous

Free Float
366,197,000
Market Cap
$25.08 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 4/11 Dividend
3/31/2022
Dividend Payable
4/11/2022
Last Earnings
4/14/2022
Today
5/17/2022
Next Earnings (Estimated)
7/15/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

3.45 out of 5 stars

Finance Sector

23rd out of 1,380 stocks

State Commercial Banks Industry

5th out of 240 stocks

Analyst Opinion: 4.3Community Rank: 4.0Dividend Strength: 4.2Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -













State Street (NYSE:STT) Frequently Asked Questions

Is State Street a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for State Street in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" State Street stock.
View analyst ratings for State Street
or view top-rated stocks.

Are investors shorting State Street?

State Street saw a increase in short interest in April. As of April 30th, there was short interest totaling 5,100,000 shares, an increase of 30.1% from the April 15th total of 3,920,000 shares. Based on an average trading volume of 2,420,000 shares, the days-to-cover ratio is presently 2.1 days.
View State Street's Short Interest
.

When is State Street's next earnings date?

State Street is scheduled to release its next quarterly earnings announcement on Friday, July 15th 2022.
View our earnings forecast for State Street
.

How were State Street's earnings last quarter?

State Street Co. (NYSE:STT) announced its quarterly earnings results on Thursday, April, 14th. The asset manager reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.12. The asset manager earned $3.08 billion during the quarter, compared to analysts' expectations of $3.03 billion. State Street had a net margin of 22.82% and a trailing twelve-month return on equity of 11.59%. The company's revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.47 EPS.
View State Street's earnings history
.

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

State Street announced a quarterly dividend on Thursday, February 17th. Shareholders of record on Friday, April 1st will be given a dividend of $0.57 per share on Monday, April 11th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date is Thursday, March 31st.
View State Street's dividend history
.

Is State Street a good dividend stock?

State Street pays an annual dividend of $2.28 per share and currently has a dividend yield of 3.29%. State Street 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 of State Street is 30.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, State Street will have a dividend payout ratio of 23.08% next year. This indicates that State Street will be able to sustain or increase its dividend.
View State Street's dividend history.

What price target have analysts set for STT?

13 equities research analysts have issued 12 month price objectives for State Street's shares. Their forecasts range from $90.00 to $118.00. On average, they expect State Street's share price to reach $102.54 in the next year. This suggests a possible upside of 50.1% from the stock's current price.
View analysts' price targets for State Street
or view top-rated stocks among Wall Street analysts.

Who are State Street's key executives?
State Street's management team includes the following people:
  • Mr. Ronald Philip O'Hanley, Chairman, Pres & CEO (Age 65, Pay $1.11M)
  • Mr. Eric Walter Aboaf, Exec. VP & CFO (Age 58, Pay $3.22M)
  • Mr. Louis D. Maiuri, Exec. VP & COO (Age 57, Pay $3.21M)
  • Mr. Andrew J. Erickson, Exec. VP, Chief Productivity Officer & Head of International Bus. (Age 52, Pay $5.49M) (LinkedIn Profile)
  • Mr. Francisco Alberto Aristeguieta Silva, Exec. VP & CEO of State Street Institutional Services (Age 57, Pay $6.67M)
  • Mr. Aunoy Banerjee, Exec. VP, Head of Corp. Services & Investments (Age 43)
  • Mr. Ian William Appleyard, Exec. VP, Global Controller & Chief Accounting Officer (Age 57)
  • Mr. Andrew Zitney, Exec. VP & Chief Technology Officer for Global Technology Services
  • Mr. Brian J. Franz, Exec. VP & Global Chief Information Officer (Age 57)
  • Mr. Michael L. Richards, Exec. VP & Chief Admin. Officer (Age 63) (LinkedIn Profile)
What is Ronald O’Hanley's approval rating as State Street's CEO?

471 employees have rated State Street CEO Ronald O’Hanley on Glassdoor.com. Ronald O’Hanley has an approval rating of 73% among State Street'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 shareholders include Vanguard Group Inc. (9.37%), BlackRock Inc. (7.55%), State Street Corp (5.08%), JPMorgan Chase & Co. (3.50%), Invesco Ltd. (2.71%) and Northern Trust Corp (1.13%). Company insiders that own State Street stock include Andrew Erickson, Cyrus Taraporevala, David C Phelan, Francisco Aristeguieta, Ian Appleyard, John Lehner, Michael L Richards and Saint-Aignan Patrick De.
View institutional ownership trends for State Street
.

Which major investors are selling State Street stock?

STT stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Bank of Nova Scotia, Healthcare of Ontario Pension Plan Trust Fund, Prudential Financial Inc., Cibc World Markets Corp, SG Americas Securities LLC, Gillson Capital LP, and Teacher Retirement System of Texas. Company insiders that have sold State Street company stock in the last year include Andrew Erickson, Cyrus Taraporevala, David C Phelan, Francisco Aristeguieta, Ian Appleyard, Michael L Richards, and Saint-Aignan Patrick De.
View insider buying and selling activity for State Street
or view top insider-selling stocks.

Which major investors are buying State Street stock?

STT stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., Victory Capital Management Inc., Cooke & Bieler LP, AEGON ASSET MANAGEMENT UK Plc, Retirement Systems of Alabama, DNB Asset Management AS, JPMorgan Chase & Co., and Mawer Investment Management Ltd..
View insider buying and selling activity for State Street
or or view top insider-buying stocks.

How do I buy shares of 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 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 $68.31.

How much money does State Street make?

State Street has a market capitalization of $25.08 billion and generates $12.03 billion in revenue each year. The asset manager earns $2.69 billion in net income (profit) each year or $7.38 on an earnings per share basis.

How many employees does State Street have?

State Street employs 38,784 workers across the globe.

Does State Street have any subsidiaries?

The following companies are subsidiares of State Street: Antrim Corporation, BBH’s Investor Services, BestX, Charles River Development, Charles River Systems, Charles River Systems Inc, Complementa, Currenex Inc, GE Asset Management, International Fund Services (N.A.) LLC, International Fund Services Ireland Limited, Investors Copley Securities Corporation, Mercatus, Offshore Financial Solutions LTD, PFS, Quincy Securities Corporation, SS Scarborough Pty Limited, 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 International Holdings UK Ltd, State Street Public Lending Corporation, State Street Social Investments Corporation, State Street Trust Company Canada, State Street Trust and Banking Company Limited, and The National Bank of Georgia.

When was State Street founded?

State Street was founded in 1792.

What is State Street's official website?

The official website for State Street is www.statestreet.com.

How can I contact State Street?

State Street's mailing address is ONE LINCOLN STREET, BOSTON MA, 02111. The asset manager can be reached via phone at (617) 786-3000, via email at [email protected], or via fax at 617-654-3386.

This page was last updated on 5/17/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.