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 declared a quarterly dividend on Thursday, December 19th. Investors of record on Thursday, January 2nd will be paid 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 2.66%. The ex-dividend date of this dividend is Tuesday, December 31st. View State Street's Dividend History.

State Street Corp (NYSE:STT) issued its quarterly earnings results on Friday, January, 17th. The asset manager reported $1.98 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.70 by $0.28. The asset manager had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.94 billion. State Street had a return on equity of 11.79% and a net margin of 18.14%. The company's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the company earned $1.68 EPS. 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 brokers have issued 1-year target prices for State Street's shares. Their forecasts range from $55.00 to $95.00. On average, they expect State Street's stock price to reach $81.00 in the next twelve months. This suggests a possible upside of 3.4% 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.

News stories about STT stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. State Street earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the asset manager a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for State Street.

State Street saw a decrease in short interest in the month of January. As of January 15th, there was short interest totalling 4,190,000 shares, a decrease of 20.6% from the December 31st total of 5,280,000 shares. Based on an average trading volume of 2,470,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 1.2% 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), Invesco (IVZ), Ares Capital (ARCC), Eaton Vance (EV), Affiliated Managers Group (AMG), Cohen & Steers (CNS), Federated Investors (FII), Legg Mason (LM) 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), AT&T (T), NVIDIA (NVDA), Walt Disney (DIS), Ford Motor (F), JPMorgan Chase & Co. (JPM), Bank of America (BAC), Alibaba Group (BABA), Visa (V) and Netflix (NFLX).

State Street's stock is owned by many different of institutional and retail investors. Top institutional investors include Metropolis Capital Ltd (0.27%), SPF Beheer BV (0.26%), Boston Trust Walden Corp (0.16%), New York State Teachers Retirement System (0.14%), PGGM Investments (0.13%) and Country Trust Bank (0.11%). 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 Metropolis Capital Ltd, PGGM Investments, Jones Financial Companies Lllp, Professional Advisory Services Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Welch & Forbes LLC, State of Alaska Department of Revenue and Boston Trust Walden Corp. 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 Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, SPF Beheer BV, Sage Capital Advisors llc, Zurcher Kantonalbank Zurich Cantonalbank, Corbenic Partners LLC, PFG Private Wealth Management LLC, CENTRAL TRUST Co and First Hawaiian Bank. 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 $78.34.

State Street has a market capitalization of $28.49 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]