State Street Stock Forecast, Price & News

State Street (NYSE:STT) Frequently Asked Questions

Is State Street a buy right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for State Street in the last twelve months. There are currently 5 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" State Street stock.
View analyst ratings for State Street or view top-rated stocks.

How has State Street's stock been impacted by COVID-19?

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 (WHO). Since then, STT shares have increased by 72.3% and is now trading at $93.35.
View which stocks have been most impacted by COVID-19.

Are investors shorting State Street?

State Street saw a decrease in short interest in the month of October. As of October 15th, there was short interest totaling 3,490,000 shares, a decrease of 16.3% from the September 30th total of 4,170,000 shares. Based on an average daily volume of 2,290,000 shares, the days-to-cover ratio is currently 1.5 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 Tuesday, January 18th 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 data on Sunday, October, 17th. The asset manager reported $2.00 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.92 by $0.08. The asset manager had revenue of $2.99 billion for the quarter, compared to analysts' expectations of $2.96 billion. State Street had a trailing twelve-month return on equity of 11.13% and a net margin of 21.27%. State Street's revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the company earned $1.45 earnings per share.
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, July 15th. Shareholders of record on Friday, October 1st will be given a dividend of $0.57 per share on Tuesday, October 12th. This represents a $2.28 annualized dividend and a dividend yield of 2.44%. The ex-dividend date is Thursday, September 30th. This is an increase from State Street's previous quarterly dividend of $0.52.
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 2.32%. State Street does not yet have a strong track record of dividend growth. The dividend payout ratio of State Street is 33.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, State Street will have a dividend payout ratio of 26.98% 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 1-year target prices for State Street's shares. Their forecasts range from $75.00 to $122.00. On average, they anticipate State Street's stock price to reach $101.15 in the next year. This suggests a possible upside of 8.4% 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:

• Ron O'Hanley, Chairman, President & Chief Executive Officer
• Louis D. Maiuri, Chief Operating Officer & Executive Vice President
• Eric W. Aboaf, Chief Financial Officer & Executive Vice President
• Brian Franz, Chief Information Officer & Executive VP
• Andrew Zitney, Chief Technology Officer & Executive VP

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.

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), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), Invesco (IVZ), Ares Capital (ARCC), SEI Investments (SEIC), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Prospect Capital (PSEC), Main Street Capital (MAIN), Golub Capital BDC (GBDC) and Virtus Investment Partners (VRTS).
View all of STT's competitors.

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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.36%), Longview Partners Guernsey LTD (2.50%), Nordea Investment Management AB (2.12%), Invesco Ltd. (2.03%), Geode Capital Management LLC (1.93%) and Ninety One UK Ltd (1.13%). Company insiders that own State Street stock include Andrew Erickson, Andrew P Kuritzkes, Cyrus Taraporevala, David C Phelan, Francisco Aristeguieta, Ian Appleyard, Joerg Ambrosius, 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 Massachusetts Financial Services Co. MA, Longview Partners Guernsey LTD, Healthcare of Ontario Pension Plan Trust Fund, SG Americas Securities LLC, Pensioenfonds Rail & OV, American Century Companies Inc., Victory Capital Management Inc., and AXA S.A.. 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 purchased by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, Invesco Ltd., BlackRock Inc., Ninety One UK Ltd, Islet Management LP, Geode Capital Management LLC, Natixis, and Caas Capital Management LP.
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 $93.35.

How much money does State Street make?

State Street has a market capitalization of $34.13 billion and generates $12.08 billion in revenue each year. The asset manager earns $2.42 billion in net income (profit) each year or $6.79 on an earnings per share basis.

How many employees does State Street have?

State Street employs 39,439 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.

Where are State Street's headquarters?

State Street is headquartered at ONE LINCOLN STREET, BOSTON MA, 02111.

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.