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. Investors 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 dividend on an annualized basis and a yield of 2.70%. The ex-dividend date of this dividend is Tuesday, December 31st. View State Street's Dividend History.

State Street Corp (NYSE:STT) released its quarterly earnings data on Friday, January, 17th. The asset manager reported $1.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.70 by $0.28. The asset manager earned $3.05 billion during the quarter, compared to analyst estimates of $2.94 billion. State Street had a net margin of 18.14% and a return on equity of 11.79%. The firm's revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business earned $1.68 earnings per share. View State Street's Earnings History.

State Street is scheduled to release their next quarterly earnings announcement on Tuesday, April 28th 2020. View Earnings Estimates for State Street.

16 Wall Street analysts have issued 12-month target prices for State Street's stock. Their forecasts range from $69.00 to $95.00. On average, they expect State Street's share price to reach $83.36 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets for State Street.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for State Street in the last year. There are currently 1 sell rating, 5 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.

Media stories about STT stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. State Street earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave media coverage about the asset manager a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for State Street.

State Street saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 4,630,000 shares, an increase of 10.5% from the January 15th total of 4,190,000 shares. Based on an average daily trading volume, of 2,660,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.3% of the company's 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), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Ares Capital (ARCC), Invesco (IVZ), Eaton Vance (EV), Legg Mason (LM), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII) 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), AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Alibaba Group (BABA), Visa (V) and Netflix (NFLX).

State Street's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (6.53%), Longview Partners Guernsey LTD (5.32%), FMR LLC (4.93%), State Street Corp (4.89%), Capital International Investors (2.12%) and Geode Capital Management LLC (1.69%). 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 Massachusetts Financial Services Co. MA, FMR LLC, Hotchkis & Wiley Capital Management LLC, Caisse DE Depot ET Placement DU Quebec, Capital International Investors, Longview Partners Guernsey LTD, Van ECK Associates Corp and Kiltearn Partners LLP. 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 Investec Asset Management LTD, Goldman Sachs Group Inc., Alyeska Investment Group L.P., Samlyn Capital LLC, Geode Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., Polaris Greystone Financial Group LLC and Bank of Montreal Can. 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 $77.13.

State Street has a market capitalization of $28.05 billion and generates $13.13 billion in revenue each year. The asset manager earns $2.38 billion in net income (profit) each year or $6.17 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]