State Street Corp Company Profile (NYSE:STT)

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

State Street Corp declared a quarterly dividend on Wednesday, May 17th. Stockholders of record on Monday, July 3rd will be given a dividend of $0.38 per share on Tuesday, July 18th. This represents a $1.52 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Thursday, June 29th. View State Street Corp's Dividend History.

State Street Corp (NYSE:STT) announced its quarterly earnings results on Wednesday, April, 26th. The company reported $1.21 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.10 by $0.11. The business earned $2.67 billion during the quarter, compared to the consensus estimate of $2.75 billion. State Street Corp had a net margin of 20.16% and a return on equity of 12.13%. The company's quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.98 EPS. View State Street Corp's Earnings History.

State Street Corp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 25th 2017. View Earnings Estimates for State Street Corp.

14 equities research analysts have issued 1 year target prices for State Street Corp's stock. Their predictions range from $73.00 to $92.00. On average, they expect State Street Corp's stock price to reach $85.17 in the next twelve months. View Analyst Ratings for State Street Corp.

Here are some recent quotes from research analysts about State Street Corp stock:

• 1. Credit Suisse Group AG analysts commented, "We have adapted our earnings model for State Street to account for both net interest income and processing fees on a nonGAAP FTE basis. In this process, and considering current market and macro trends, our 2017 estimates are unchanged; our 2018 estimates increase modestly, to $6.32 from $6.25 per share. Factoring in this estimate increase, our target price increases to $82 from $80. Risks to realization of that higher target price are tied to the macro environment/market values and operating leverage realization." (3/21/2017)
• 2. According to Zacks Investment Research, "State Street's shares underperformed the Zacks categorized Major Regional Banks industry, over the last six months. Notably, the company’s fourth quarter 2016 earnings beat the Zacks Consensus Estimate, driven by revenue growth. However, a significant rise in expenses was the headwind. The company expects easing margin pressure to further support top line growth along with synergies from the acquisition of GE Asset Management. Moreover, the company remains on track to improve efficiency through its multi-year restructuring plan. Nevertheless, mounting expenses are expected to continue hurting the bottom line in the upcoming quarters. Also, stringent regulations remain near term concern." (1/27/2017)

Some companies that are related to State Street Corp include Bank of New York Mellon Corp (BK), Franklin Resources (BEN), Blackstone Group LP (BX), Northern Trust (NTRS), Ameriprise Financial (AMP), T. Rowe Price Group (TROW), Invesco (IVZ), Affiliated Managers Group (AMG), KKR & Co. L.P. (KKR), SEI Investments Company (SEIC), Voya Financial (VOYA), Lazard Ltd (LAZ), Eaton Vance Corp (EV), Ares Management LP (ARES), Legg Mason (LM), Oaktree Capital Group LLC (OAK), Evercore Partners (EVR) and Federated Investors (FII).

State Street Corp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (8.11%), Vanguard Group Inc. (6.17%), BlackRock Inc. (5.39%), State Street Corp (4.96%), FMR LLC (4.73%) and Barrow Hanley Mewhinney & Strauss LLC (1.70%). Company insiders that own State Street Corp stock include Alina Mihaela Osorio, Alison A Quirk, Andrew Erickson, Andrew P Kuritzkes, Bradley Berger, Christopher Perretta, Enviro Corp Stt, George E Sullivan, Jeffrey N Carp, Joseph L Hooley, Karen C Keenan, Robert Donald Bruce Genovese, Sean P Newth and Wai-Kwong Seck. View Institutional Ownership Trends for State Street Corp.

State Street Corp's stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Morgan Stanley, Ameriprise Financial Inc., American Century Companies Inc., Barrow Hanley Mewhinney & Strauss LLC, Crestwood Advisors Group LLC, Capital Fund Management S.A. and Teachers Advisors LLC. Company insiders that have sold State Street Corp stock in the last year include Andrew Erickson, Andrew P Kuritzkes, George E Sullivan, Jeffrey N Carp, Karen C Keenan, Sean P Newth and Wai-Kwong Seck. View Insider Buying and Selling for State Street Corp.

State Street Corp's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Longview Partners Guernsey LTD, Boston Partners, Vanguard Group Inc., Thrivent Financial For Lutherans, FMR LLC, Janus Capital Management LLC and Sustainable Growth Advisers LP. Company insiders that have bought State Street Corp stock in the last two years include Alina Mihaela Osorio, Bradley Berger and Enviro Corp Stt. View Insider Buying and Selling for State Street Corp.

Shares of State Street Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of State Street Corp stock can currently be purchased for approximately $81.99.