NYSE:STT - State Street Stock Price, Forecast & News

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

State Street announced a quarterly dividend on Thursday, December 19th. Shareholders of record on Thursday, January 2nd will be given a dividend of $0.52 per share on Thursday, January 16th. This represents a $2.08 annualized dividend and a yield of 2.46%. The ex-dividend date of this dividend is Tuesday, December 31st. View State Street's Dividend History.

State Street Corp (NYSE:STT) announced its quarterly earnings data on Friday, October, 18th. The asset manager reported $1.51 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.40 by $0.11. The asset manager had revenue of $2.90 billion for the quarter, compared to analysts' expectations of $2.86 billion. State Street had a net margin of 16.18% and a return on equity of 11.34%. The company's revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.87 EPS. View State Street's Earnings History.

State Street is scheduled to release their next quarterly earnings announcement on Friday, January 17th 2020. View Earnings Estimates for State Street.

15 brokers have issued 12-month price targets for State Street's stock. Their forecasts range from $55.00 to $95.00. On average, they anticipate State Street's stock price to reach $78.71 in the next year. This suggests that the stock has a possible downside of 6.8%. View Analyst Price Targets for State Street.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for State Street in the last year. There are currently 1 sell rating, 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for State Street.

Press coverage about STT stock has trended positive on Friday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. State Street earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave news articles about the asset manager a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for State Street.

State Street saw a drop in short interest in December. As of December 31st, there was short interest totalling 4,190,000 shares, a drop of 20.6% from the December 15th total of 5,280,000 shares. Based on an average trading volume of 2,490,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.2% of the shares of the stock are sold short. View State Street's Current Options Chain.

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), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Federated Investors (FII), Legg Mason (LM), Cohen & Steers (CNS) and Main Street Capital (MAIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other State Street investors own include Verizon Communications (VZ), Ford Motor (F), JPMorgan Chase & Co. (JPM), AT&T (T), Bank of America (BAC), Walt Disney (DIS), NVIDIA (NVDA), Visa (V), Netflix (NFLX) and Starbucks (SBUX).

State Street's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Metropolis Capital Ltd (0.27%), Boston Trust Walden Corp (0.16%), PGGM Investments (0.13%), Country Trust Bank (0.11%), Welch & Forbes LLC (0.04%) and Woodstock Corp (0.03%). Company insiders that own State Street stock include Andrew Erickson, Andrew P Kuritzkes, Elizabeth Schaefer, 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.

STT stock was sold by a variety of institutional investors in the last quarter, including Metropolis Capital Ltd, PGGM Investments, Welch & Forbes LLC, State of Alaska Department of Revenue, Boston Trust Walden Corp, Country Trust Bank, TIAA FSB and Heritage Investors Management Corp. Company insiders that have sold State Street company stock in the last year include Andrew Erickson, Andrew P Kuritzkes, Hanley Ronald P O, Jeffrey N Carp, Joerg Ambrosius, Joseph L Hooley, Karen C Keenan and Robert Willett. View Insider Buying and Selling for State Street.

STT stock was purchased by a variety of institutional investors in the last quarter, including Sage Capital Advisors llc, Corbenic Partners LLC, First Hawaiian Bank, DNB Asset Management AS, AE Wealth Management LLC, Ipswich Investment Management Co. Inc., Tuttle Tactical Management and Diversified Trust Co. 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 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, Robinhood, Fidelity and Charles Schwab.

One share of STT stock can currently be purchased for approximately $84.42.

State Street has a market capitalization of $30.70 billion and generates $12.97 billion in revenue each year. The asset manager earns $2.60 billion in net income (profit) each year or $7.22 on an earnings per share basis. State Street employs 40,142 workers across the globe.View Additional Information About State Street.

The official website for State Street is http://www.statestreet.com/.

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]