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 Wednesday, May 16th. Stockholders of record on Monday, July 2nd will be paid a dividend of $0.42 per share on Tuesday, July 17th. This represents a $1.68 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Friday, June 29th. View State Street's Dividend History.

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

State Street Corp (NYSE:STT) posted its quarterly earnings results on Friday, April, 20th. The asset manager reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.58 by $0.04. The asset manager earned $3.02 billion during the quarter, compared to the consensus estimate of $3 billion. State Street had a net margin of 19.07% and a return on equity of 14.23%. State Street's quarterly revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the company earned $1.21 EPS. View State Street's Earnings History.

State Street is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for State Street.

13 brokerages have issued 12-month price objectives for State Street's stock. Their forecasts range from $95.00 to $131.00. On average, they expect State Street's share price to reach $111.6923 in the next twelve months. View Analyst Ratings for State Street.

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

Press coverage about STT stock has trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. State Street earned a media sentiment score of 0.23 on Accern's scale. They also assigned press coverage about the asset manager an impact score of 46.30 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

State Street's stock is owned by many different of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (7.11%), BlackRock Inc. (5.92%), Artisan Partners Limited Partnership (1.46%), Barrow Hanley Mewhinney & Strauss LLC (1.32%), Northern Trust Corp (1.31%) and Fayez Sarofim & Co (0.83%). 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 Massachusetts Financial Services Co. MA, Coho Partners Ltd., Barrow Hanley Mewhinney & Strauss LLC, Russell Investments Group Ltd., Pzena Investment Management LLC, Caisse DE Depot ET Placement DU Quebec, Prudential Financial Inc. and Letko Brosseau & Associates Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Robeco Institutional Asset Management B.V., Old Mutual Global Investors UK Ltd., Mackay Shields LLC, Artisan Partners Limited Partnership, Fayez Sarofim & Co, Eaton Vance Management and Summit Trail Advisors LLC. 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 $98.19.

State Street has a market capitalization of $35.71 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]