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. Investors 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 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date is Friday, June 29th. View State Street's Dividend History.

State Street declared that its board has initiated a stock buyback program 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 reacquire up to 4.2% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

State Street Corp (NYSE:STT) released its earnings results on Friday, April, 20th. The asset manager reported $1.62 EPS for the quarter, topping the consensus estimate of $1.58 by $0.04. The asset manager had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $3 billion. State Street had a return on equity of 14.23% and a net margin of 19.07%. The company's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the firm 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.

14 brokers have issued 12 month target prices for State Street's shares. Their predictions range from $92.00 to $131.00. On average, they anticipate State Street's share price to reach $110.2857 in the next twelve months. View Analyst Ratings for State Street.

Some companies that are related to State Street include Itaú Unibanco (ITUB), Bank of Nova Scotia (BNS), Banco Bradesco (BBD), Bank of New York Mellon (BK), Banco Bradesco (BBDO), Deutsche Bank (DB), M&T Bank (MTB), Northern Trust (NTRS), 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).

Media stories about STT stock have been trending somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by monitoring more than twenty million news and blog 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 0.04 on Accern's scale. They also assigned news coverage about the asset manager an impact score of 45.89 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

State Street's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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, Jeffrey N Carp, 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 $100.85.

State Street has a market capitalization of $36.66 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]