NYSE:STTState Street Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding State Street Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $52.16 -0.26 (-0.50 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$50.86Now: $52.16▼$53.3650-Day Range$43.21MA: $61.64▼$80.4352-Week Range$42.10Now: $52.16▼$85.89Volume1.99 million shsAverage Volume4.68 million shsMarket Capitalization$18.48 billionP/E Ratio9.07Dividend Yield3.97%Beta1.56 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. It offers investment servicing products and services, including custody; product and participant level 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; 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. The company also provides investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. In addition, it offers services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and outsourced chief investment officer. 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.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingState Street has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 7 buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $75.71, State Street has a potential upside of 45.2% from its current price of $52.16.Amount of Analyst CoverageState Street has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.2 Community Rank Outperform VotesState Street has received 613 “outperform” votes. (Add your “outperform” vote.)Underperform VotesState Street has received 799 “underperform” votes. (Add your “underperform” vote.)Community SentimentState Street has received 56.59% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about State Street and other stocks. Vote “Outperform” if you believe STT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe STT will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 4.2 Dividend Strength Dividend LeadershipState Street is a leading dividend payer. It pays a dividend yield of 3.97%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthState Street has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of State Street is 33.71 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, State Street will have a dividend payout ratio of 30.32 % next year. This indicates that State Street will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, State Street insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,333,577.00 in company stock.Percentage Held by InsidersOnly 0.40% of the stock of State Street is held by insiders.Percentage Held by Institutions92.52% of the stock of State Street is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for State Street are expected to grow by 13.01% in the coming year, from $6.07 to $6.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of State Street is 9.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.03.Price to Earnings Ratio vs. SectorThe P/E ratio of State Street is 9.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.35.Price to Earnings Growth RatioState Street has a PEG Ratio of 0.81. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioState Street has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.2Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.07 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry State commercial banks Sub-IndustryAsset Management & Custody Banks SectorFinance Current SymbolNYSE:STT Previous Symbol CUSIP85747710 CIK93751 Webhttp://www.statestreet.com/ Phone617-786-3000Debt Debt-to-Equity Ratio0.58 Current Ratio0.50 Quick Ratio0.50Price-To-Earnings Trailing P/E Ratio9.07 Forward P/E Ratio8.59 P/E Growth0.81 Sales & Book Value Annual Sales$13.13 billion Price / Sales1.41 Cash Flow$10.60 per share Price / Cash Flow4.92 Book Value$59.04 per share Price / Book0.88Profitability EPS (Most Recent Fiscal Year)$6.17 Net Income$2.24 billion Net Margins18.14% Return on Equity11.81% Return on Assets1.06%Miscellaneous Employees39,103 Outstanding Shares354,340,000Market Cap$18.48 billion Next Earnings Date4/17/2020 (Confirmed) OptionableOptionable Receive STT News and Ratings via Email Sign-up to receive the latest news and ratings for STT and its competitors with MarketBeat's FREE daily newsletter. STT Rates by TradingView State Street (NYSE:STT) Frequently Asked Questions How has State Street's stock been impacted by COVID-19 (Coronavirus)? State Street's stock was trading at $54.19 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, STT shares have decreased by 3.7% and is now trading at $52.16. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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, 7 hold ratings, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for State Street. When is State Street's next earnings date? State Street is scheduled to release its next quarterly earnings announcement on Friday, April 17th 2020. View our earnings forecast for State Street. How can I listen to State Street's earnings call? State Street will be holding an earnings conference call on Friday, April 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were State Street's earnings last quarter? State Street Corp (NYSE:STT) posted its quarterly earnings data on Friday, January, 17th. The asset manager reported $1.98 EPS for the quarter, beating the consensus estimate of $1.70 by $0.28. The asset manager earned $3.05 billion during the quarter, compared to analysts' expectations of $2.94 billion. State Street had a return on equity of 11.81% and a net margin of 18.14%. The company's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.68 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 20th. Investors of record on Wednesday, April 1st will be paid a dividend of $0.52 per share on Wednesday, April 15th. This represents a $2.08 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend is Tuesday, March 31st. View State Street's dividend history. What price target have analysts set for STT? 16 brokerages have issued 1-year price objectives for State Street's stock. Their forecasts range from $50.00 to $95.00. On average, they expect State Street's share price to reach $75.71 in the next year. This suggests a possible upside of 45.2% from the stock's current price. View analysts' price targets for State Street. Has State Street been receiving favorable news coverage? News articles about STT stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. State Street earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the asset manager a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutState Street. Are investors shorting State Street? State Street saw a increase in short interest in February. As of February 28th, there was short interest totaling 6,250,000 shares, an increase of 14.9% from the February 13th total of 5,440,000 shares. Based on an average daily volume of 2,960,000 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.8% of the shares of the stock are sold short. View State Street's Current Options Chain. Who are some of State Street's key competitors? Some companies that are related to State Street include BlackRock (BLK), Bank of New York Mellon (BK), T. Rowe Price Group (TROW), Northern Trust (NTRS), Ameriprise Financial (AMP), Franklin Resources (BEN), SEI Investments (SEIC), Legg Mason (LM), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII) and Prospect Capital (PSEC). 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 Verizon Communications (VZ), NVIDIA (NVDA), Walt Disney (DIS), Ford Motor (F), JPMorgan Chase & Co. (JPM), AT&T (T), Bank of America (BAC), Alibaba Group (BABA), Visa (V) and Netflix (NFLX). Who are State Street's key executives? State Street's management team includes the following people: Mr. Ronald Philip O'Hanley, Pres, CEO & Director (Age 62)Mr. Eric Walter Aboaf, Exec. VP & CFO (Age 55)Ms. Karen C. Keenan, Exec. VP, Chief Admin. Officer & Head of Global Markets (Age 56)Mr. Louis D. Maiuri, Exec. VP & COO (Age 54)Mr. Ian W. Appleyard, Exec. VP, Global Controller & Chief Accounting Officer (Age 54) 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 Woodstock Corp (0.03%), M&R Capital Management Inc. (0.01%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%) and Wiley BROS. Aintree Capital LLC (0.00%). Company insiders that own State Street stock include Andrew Erickson, Andrew P Kuritzkes, 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. Which major investors are selling State Street stock? STT stock was sold by a variety of institutional investors in the last quarter, including Wiley BROS. Aintree Capital LLC, M&R Capital Management Inc., and Woodstock Corp. Company insiders that have sold State Street company stock in the last year include Andrew Erickson, Andrew P Kuritzkes, Jeffrey N Carp, Joerg Ambrosius, Joseph L Hooley, Karen C Keenan, and Robert Willett. View insider buying and selling activity for State Street. Which major investors are buying State Street stock? STT stock was bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group 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 activity for State Street. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is State Street's stock price today? One share of STT stock can currently be purchased for approximately $52.16. How big of a company is State Street? State Street has a market capitalization of $18.48 billion and generates $13.13 billion in revenue each year. The asset manager earns $2.24 billion in net income (profit) each year or $6.17 on an earnings per share basis. State Street employs 39,103 workers across the globe. View additional information about State Street. What is State Street's official website? The official website for State Street is http://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 or via email at [email protected] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: What is quantitative easing?
