State Street Stock Forecast, Price & News

State Street's stock was trading at $54.19 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, STT shares have increased by 20.5% and is now trading at $65.31.
View which stocks have been most impacted by COVID-19.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for State Street in the last year. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for State Street.

State Street is scheduled to release its next quarterly earnings announcement on Friday, January 15th 2021.
View our earnings forecast for State Street.

State Street Co. (NYSE:STT) released its earnings results on Friday, October, 16th. The asset manager reported $1.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.41 by $0.04. The asset manager had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.76 billion. State Street had a return on equity of 12.24% and a net margin of 20.75%. The firm's revenue for the quarter was down 4.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.51 earnings per share.
View State Street's earnings history.

State Street declared a quarterly dividend on Thursday, September 17th. Stockholders of record on Thursday, October 1st will be given a dividend of $0.52 per share on Thursday, October 15th. This represents a $2.08 annualized dividend and a dividend yield of 3.18%. The ex-dividend date of this dividend is Wednesday, September 30th.
View State Street's dividend history.

17 analysts have issued 12-month price targets for State Street's shares. Their forecasts range from $60.00 to $95.00. On average, they anticipate State Street's stock price to reach $75.18 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price.
View analysts' price targets for State Street.

State Street saw a increase in short interest in the month of September. As of September 30th, there was short interest totaling 5,170,000 shares, an increase of 20.2% from the September 15th total of 4,300,000 shares. Based on an average trading volume of 2,130,000 shares, the short-interest ratio is currently 2.4 days. Currently, 1.5% of the shares of the stock are sold short.
View State Street's Short Interest.

Some companies that are related to State Street include BlackRock (BLK), T. Rowe Price Group (TROW), The Bank of New York Mellon (BK), Ameriprise Financial (AMP), Northern Trust (NTRS), Franklin Resources (BEN), SEI Investments (SEIC), Eaton Vance (EV), Invesco (IVZ), Ares Capital (ARCC), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Golub Capital BDC (GBDC), Main Street Capital (MAIN) and Prospect Capital (PSEC).
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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), The Walt Disney (DIS), Johnson & Johnson (JNJ), Ford Motor (F), Exxon Mobil (XOM) and AbbVie (ABBV).

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

State Street's stock is owned by a variety of retail and institutional investors. Top institutional investors include LSV Asset Management (1.24%), Metropolis Capital Ltd (0.47%), PGGM Investments (0.16%), Country Trust Bank (0.09%), Wedge Capital Management L L P NC (0.09%) and State of Alaska Department of Revenue (0.06%). Company insiders that own State Street stock include Andrew Erickson, Andrew P Kuritzkes, Francisco Aristeguieta, Gregory L Summe, Hanley Ronald P O, Ian Appleyard, Jeffrey N Carp, Joerg Ambrosius, John Lehner, Joseph L Hooley, Karen C Keenan, Michael L Richards, 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 Standard Life Aberdeen plc, CENTRAL TRUST Co, Country Trust Bank, Nissay Asset Management Corp Japan ADV, Retirement Systems of Alabama, Welch & Forbes LLC, Nisa Investment Advisors LLC, and Pacer Advisors Inc.. Company insiders that have sold State Street company stock in the last year include Andrew P Kuritzkes, Francisco Aristeguieta, Ian Appleyard, Jeffrey N Carp, Joerg Ambrosius, John Lehner, Joseph L Hooley, Karen C Keenan, Michael L Richards, and Robert Willett.
View insider buying and selling activity for State Street.

STT stock was acquired by a variety of institutional investors in the last quarter, including Metropolis Capital Ltd, Wedge Capital Management L L P NC, Hexavest Inc., LSV Asset Management, PGGM Investments, State of Alaska Department of Revenue, Hall Laurie J Trustee, and Denali Advisors LLC. Company insiders that have bought State Street stock in the last two years include Gregory L Summe, Hanley Ronald P O, and Saint-Aignan Patrick De.
View insider buying and selling activity 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 $65.31.

State Street has a market capitalization of $23.01 billion and generates $13.13 billion in revenue each year. The asset manager earns $2.24 billion in net income (profit) each year or $6.17 on an earnings per share basis. State Street employs 39,103 workers across the globe.

The official website for State Street is 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]