NYSE:STT - State Street Stock Price, Price Target & More

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

State Street declared a quarterly dividend on Thursday, July 19th. Shareholders of record on Monday, October 1st will be paid a dividend of $0.47 per share on Monday, October 15th. This represents a $1.88 annualized dividend and a yield of 2.18%. This is a boost from State Street's previous quarterly dividend of $0.42. View State Street's Dividend History.

State Street declared that its Board of Directors has initiated a share repurchase plan on Thursday, June 29th 2017, which permits the company to buyback $1,400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 4.2% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its shares are undervalued.

State Street Corp (NYSE:STT) issued its earnings results on Friday, July, 20th. The asset manager reported $1.88 EPS for the quarter, missing the Zacks' consensus estimate of $2.01 by $0.13. The asset manager earned $3.03 billion during the quarter, compared to analyst estimates of $3.05 billion. State Street had a return on equity of 14.23% and a net margin of 19.07%. State Street's revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.67 EPS. View State Street's Earnings History.

State Street is scheduled to release their next quarterly earnings announcement on Friday, July, 20th 2018. View Earnings Estimates for State Street.

12 brokers have issued 1-year price objectives for State Street's shares. Their predictions range from $95.00 to $131.00. On average, they anticipate State Street's stock price to reach $112.9167 in the next year. This suggests a possible upside of 31.2% from the stock's current price. View Analyst Ratings for State Street.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for State Street in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to State Street include Itau Unibanco (ITUB), Bank of Nova Scotia (BNS), Bank of New York Mellon (BK), Banco Bradesco (BBD), M&T Bank (MTB), Deutsche Bank (DB), Northern Trust (NTRS), BANCO BRADESCO/S (BBDO), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY) and Western Alliance Bancorporation (WAL).

News headlines about STT stock have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. State Street earned a news impact score of 0.05 on Accern's scale. They also assigned headlines about the asset manager an impact score of 43.41 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

State Street's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.22%), Cornerstone Investment Partners LLC (0.13%), Westpac Banking Corp (0.10%), Welch & Forbes LLC (0.07%), Mckinley Capital Management LLC Delaware (0.07%) and Arvest Bank Trust Division (0.05%). Company insiders that own State Street stock include Amelia C Fawcett, Andrew Erickson, Andrew P Kuritzkes, Elizabeth Schaefer, George E Sullivan, Hannah M Grove, Jeff D Conway, Jeffrey N Carp, Joseph L Hooley, Karen C Keenan, Sean P Newth and Wai-Kwong Seck. View Institutional Ownership Trends for State Street.

STT stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Mckinley Capital Management LLC Delaware, Hartford Investment Management Co., Welch & Forbes LLC, Cornerstone Investment Partners LLC, Oakbrook Investments LLC, CENTRAL TRUST Co and Bremer Trust National Association. Company insiders that have sold State Street company stock in the last year include Amelia C Fawcett, Andrew Erickson, Andrew P Kuritzkes, Elizabeth Schaefer, George E Sullivan, Hannah M Grove, Jeff D Conway, Joseph L Hooley, Karen C Keenan and Sean P Newth. View Insider Buying and Selling for State Street.

STT stock was purchased by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Cornerstone Wealth Management LLC, Xact Kapitalforvaltning AB, State of Alaska Department of Revenue, Westpac Banking Corp, Municipal Employees Retirement System of Michigan, Calamos Advisors LLC and IFM Investors Pty Ltd. 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, Scottrade, Fidelity and Charles Schwab.

One share of STT stock can currently be purchased for approximately $86.06.

State Street has a market capitalization of $34.83 billion and generates $11.81 billion in revenue each year. The asset manager earns $2.18 billion in net income (profit) each year or $5.96 on an earnings per share basis. State Street employs 36,643 workers across the globe.

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]