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

Sign in or create an account to add this stock to your watchlist.
$86.44 -6.30 (-6.79 %)
(As of 07/20/2018 12:14 PM ET)
Previous Close$89.00
Today's Range$84.70 - $89.00
52-Week Range$89.68 - $114.27
Volume609,709 shs
Average Volume1.81 million shs
Market Capitalization$34.83 billion
P/E Ratio14.43
Dividend Yield1.76%
Beta1.28
State Street logoState Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product and participant level accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also provides investment management services, such as investment management, investment research, and investment advisory services to corporations, public funds, and other sophisticated investors, as well as offers passive and active asset management strategies across equity, fixed-income, alternative, multi-asset solutions, and cash asset classes. The company offers its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

Receive STT News and Ratings via Email

Sign-up to receive the latest news and ratings for STT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry State commercial banks
Sub-IndustryAsset Management & Custody Banks
SectorFinance
SymbolNYSE:STT
CUSIP85747710
Phone617-786-3000

Debt

Debt-to-Equity Ratio0.57
Current Ratio0.56
Quick Ratio0.56

Price-To-Earnings

Trailing P/E Ratio14.43
Forward P/E Ratio11.14
P/E Growth0.95

Sales & Book Value

Annual Sales$11.81 billion
Price / Sales2.67
Cash Flow$8.5331 per share
Price / Cash10.13
Book Value$50.92 per share
Price / Book1.70

Profitability

EPS (Most Recent Fiscal Year)$5.96
Net Income$2.18 billion
Net Margins19.07%
Return on Equity14.23%
Return on Assets1.13%

Miscellaneous

Employees36,643
Outstanding Shares365,410,000
Market Cap$34,834.35

State Street (NYSE:STT) Frequently Asked Questions

What is State Street's stock symbol?

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

How often does State Street pay dividends? What is the dividend yield for State Street?

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.

How will State Street's stock buyback program work?

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.

How were State Street's earnings last quarter?

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.

When is State Street's next earnings date?

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

What price target have analysts set for STT?

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.

What is the consensus analysts' recommendation 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."

Who are some of State Street's key competitors?

Who are State Street's key executives?

State Street's management team includes the folowing people:
  • Mr. Joseph L. Hooley Esq., Chairman & CEO (Age 60)
  • Mr. Ronald Philip O'Hanley, Pres, COO & Director (Age 61)
  • Mr. Eric Walter Aboaf, Exec. VP & CFO (Age 54)
  • Mr. Andrew J. Erickson, Exec. VP & Head of Global Services (Age 48)
  • Mr. Cyrus Russi Taraporevala, Pres & CEO of State Street Global Advisors (Age 52)

Has State Street been receiving favorable news coverage?

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.

Who are State Street's major shareholders?

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.

Which institutional investors are selling State Street stock?

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.

Which institutional investors are buying State Street stock?

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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is State Street's stock price today?

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

How big of a company is State Street?

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.

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 or via email at [email protected]


MarketBeat Community Rating for State Street (NYSE STT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  472 (Vote Outperform)
Underperform Votes:  593 (Vote Underperform)
Total Votes:  1,065
MarketBeat's community ratings are surveys of what our community members think about State Street and other stocks. Vote "Outperform" if you believe STT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe STT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/20/2018 by MarketBeat.com Staff

Featured Article: Analyst Ratings

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.