State Street (STT) Stock Forecast, Price & News

State Street (NYSE:STT) Frequently Asked Questions

Is State Street a buy right now?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for State Street in the last twelve months. There are currently 6 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" State Street stock.
View analyst ratings for State Street or view top-rated stocks.

Are investors shorting State Street?

State Street saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 4,200,000 shares, a decline of 17.6% from the April 30th total of 5,100,000 shares. Based on an average trading volume of 2,580,000 shares, the short-interest ratio is currently 1.6 days.
View State Street's Short Interest.

When is State Street's next earnings date?

State Street is scheduled to release its next quarterly earnings announcement on Friday, July 15th 2022.
View our earnings forecast for State Street.

How were State Street's earnings last quarter?

State Street Co. (NYSE:STT) released its quarterly earnings results on Thursday, April, 14th. The asset manager reported $1.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.12. The asset manager earned $3.08 billion during the quarter, compared to analysts' expectations of $3.03 billion. State Street had a trailing twelve-month return on equity of 11.59% and a net margin of 22.82%. The firm's quarterly revenue was up 4.4% on a year-over-year basis. During the same period last year, the firm earned $1.47 earnings per share.
View State Street's earnings history.

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

State Street announced a quarterly dividend on Wednesday, May 18th. Shareholders of record on Friday, July 1st will be paid a dividend of $0.57 per share on Monday, July 11th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date of this dividend is Thursday, June 30th.
View State Street's dividend history.

Is State Street a good dividend stock?

State Street pays an annual dividend of $2.28 per share and currently has a dividend yield of 3.29%. State Street has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of State Street is 30.89%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, State Street will have a dividend payout ratio of 23.08% next year. This indicates that State Street will be able to sustain or increase its dividend.
View State Street's dividend history.

What price target have analysts set for STT?

13 analysts have issued twelve-month price targets for State Street's stock. Their forecasts range from $80.00 to $118.00. On average, they expect State Street's share price to reach $101.00 in the next year. This suggests a possible upside of 42.3% from the stock's current price.
View analysts' price targets for State Street or view top-rated stocks among Wall Street analysts.

Who are State Street's key executives?

State Street's management team includes the following people:

• Mr. Ronald Philip O'Hanley, Chairman, Pres & CEO (Age 65, Pay $1.11M)
• Mr. Eric Walter Aboaf, Exec. VP & CFO (Age 58, Pay $3.22M)
• Mr. Louis D. Maiuri, Exec. VP & COO (Age 57, Pay $3.21M)
• Mr. Andrew J. Erickson, Exec. VP, Chief Productivity Officer & Head of International Bus. (Age 52, Pay $5.49M) (LinkedIn Profile)
• Mr. Francisco Alberto Aristeguieta Silva, Exec. VP & CEO of State Street Institutional Services (Age 57, Pay $6.67M)
• Mr. Aunoy Banerjee, Exec. VP, Head of Corp. Services & Investments (Age 43)
• Mr. Ian William Appleyard, Exec. VP, Global Controller & Chief Accounting Officer (Age 57)
• Mr. Andrew Zitney, Exec. VP & Chief Technology Officer for Global Technology Services
• Mr. Brian J. Franz, Exec. VP & Global Chief Information Officer (Age 57)
• Mr. Michael L. Richards, Exec. VP & Chief Admin. Officer (Age 63) (LinkedIn Profile)

What is Ronald O’Hanley's approval rating as State Street's CEO?

471 employees have rated State Street CEO Ronald O’Hanley on Glassdoor.com. Ronald O’Hanley has an approval rating of 73% among State Street's employees.

Who are some of State Street's key competitors?

Some companies that are related to State Street include BlackRock (BLK), Bank of New York Mellon (BK), Ameriprise Financial (AMP), T. Rowe Price Group (TROW), Northern Trust (NTRS), Franklin Resources (BEN), Ares Capital (ARCC), Invesco (IVZ), SEI Investments (SEIC), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Prospect Capital (PSEC), Main Street Capital (MAIN), Golub Capital BDC (GBDC) and Virtus Investment Partners (VRTS).
View all of STT's competitors.

What other stocks do shareholders of State Street own?

Based on aggregate information from My MarketBeat watchlists, some companies that other State Street investors own include JPMorgan Chase & Co. (JPM), AT&T (T), Verizon Communications (VZ), Bank of America (BAC), NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), Ford Motor (F), Exxon Mobil (XOM) and AbbVie (ABBV).

What is State Street's stock symbol?

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

Who are State Street's major shareholders?

State Street's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.37%), BlackRock Inc. (7.55%), State Street Corp (5.08%), JPMorgan Chase & Co. (3.50%), Invesco Ltd. (2.71%) and Capital International Investors (1.72%). Company insiders that own State Street stock include Andrew Erickson, Cyrus Taraporevala, David C Phelan, Francisco Aristeguieta, Ian Appleyard, John Lehner, Michael L Richards and Saint-Aignan Patrick De.
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 Toronto Dominion Bank, Bank of Nova Scotia, Healthcare of Ontario Pension Plan Trust Fund, Prudential Financial Inc., Cibc World Markets Corp, SG Americas Securities LLC, Gillson Capital LP, and Teacher Retirement System of Texas. Company insiders that have sold State Street company stock in the last year include Andrew Erickson, Cyrus Taraporevala, Francisco Aristeguieta, Michael L Richards, and Saint-Aignan Patrick De.
View insider buying and selling activity for State Street or view top insider-selling stocks.

Which institutional investors are buying State Street stock?

STT stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Eaton Vance Management, Victory Capital Management Inc., Cooke & Bieler LP, AEGON ASSET MANAGEMENT UK Plc, Pelham Capital Ltd., Retirement Systems of Alabama, and DNB Asset Management AS.
View insider buying and selling activity for State Street or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is State Street's stock price today?

One share of STT stock can currently be purchased for approximately $70.99.

How much money does State Street make?

State Street has a market capitalization of $26.06 billion and generates $12.03 billion in revenue each year. The asset manager earns $2.69 billion in net income (profit) each year or $7.38 on an earnings per share basis.

How many employees does State Street have?

State Street employs 38,784 workers across the globe.

Does State Street have any subsidiaries?

The following companies are subsidiares of State Street: Antrim Corporation, BBH’s Investor Services, BestX, Charles River Development, Charles River Systems, Charles River Systems Inc, Complementa, Currenex Inc, GE Asset Management, International Fund Services (N.A.) LLC, International Fund Services Ireland Limited, Investors Copley Securities Corporation, Mercatus, Offshore Financial Solutions LTD, PFS, Quincy Securities Corporation, SS Scarborough Pty Limited, SSB Realty LLC, Sail Trust, State Street Australia Limited, State Street Bank International GmbH, State Street Bank and Trust Company, State Street Europe Holdings Germany Sarl & Co KG, State Street Global Advisors Inc, State Street Global Advisors International Holdings Inc, State Street Global Advisors Limited, State Street Global Advisors Switzerland Holdings GmbH, State Street Global Advisors Trust Company, State Street Global Markets LLC, State Street Holdings Germany GmbH, State Street Intermediate Funding LLC, State Street International Holdings, State Street International Holdings Switzerland GmbH, State Street International Holdings UK Ltd, State Street Public Lending Corporation, State Street Social Investments Corporation, State Street Trust Company Canada, State Street Trust and Banking Company Limited, and The National Bank of Georgia.

When was State Street founded?

State Street was founded in 1792.

What is State Street's official website?

The official website for State Street is www.statestreet.com.

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, via email at [email protected], or via fax at 617-654-3386.