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NYSE:STT

State Street (STT) Stock Price, News & Analysis

State Street logo
$97.51 -2.98 (-2.97%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About State Street Stock (NYSE:STT)

Key Stats

Today's Range
$94.49
$98.13
50-Day Range
$94.04
$100.78
52-Week Range
$70.20
$101.91
Volume
4.20 million shs
Average Volume
1.66 million shs
Market Capitalization
$28.58 billion
P/E Ratio
15.40
Dividend Yield
3.12%
Price Target
$100.33
Consensus Rating
Hold

Company Overview

State 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, accounting, regulatory reporting, investor, and performance and analytics; middle office products, such as IBOR, transaction management, loans, cash, derivatives and collateral, record keeping, and client reporting and investment analytics; finance leasing; foreign exchange, and brokerage and other trading services; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data. In addition, the company offers investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds, UCITS, hedge 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.

State Street Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

STT MarketRank™: 

State Street scored higher than 97% of companies evaluated by MarketBeat, and ranked 58th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    State Street has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 7 buy ratings, 6 hold ratings, and 2 sell ratings.

  • Amount of Analyst Coverage

    State Street has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about State Street's stock forecast and price target.
  • Earnings Growth

    Earnings for State Street are expected to grow by 13.02% in the coming year, from $8.45 to $9.55 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of State Street is 15.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.80.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of State Street is 15.40, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 25.24.

  • Price to Earnings Growth Ratio

    State Street has a PEG Ratio of 0.97. PEG Ratios around 1 indicate that a company is correctly valued.

  • Price to Book Value per Share Ratio

    State Street has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about State Street's valuation and earnings.
  • Percentage of Shares Shorted

    1.30% of the float of State Street has been sold short.
  • Short Interest Ratio / Days to Cover

    State Street has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in State Street has recently decreased by 7.32%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    State Street pays a meaningful dividend of 3.24%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    State Street does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of State Street is 48.03%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, State Street will have a dividend payout ratio of 31.83% next year. This indicates that State Street will be able to sustain or increase its dividend.

  • Read more about State Street's dividend.
  • Percentage of Shares Shorted

    1.30% of the float of State Street has been sold short.
  • Short Interest Ratio / Days to Cover

    State Street has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in State Street has recently decreased by 7.32%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    State Street has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 41 news articles for State Street this week, compared to 13 articles on an average week.
  • Search Interest

    Only 6 people have searched for STT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added State Street to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, State Street insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,234,256.00 in company stock.

  • Percentage Held by Insiders

    Only 0.31% of the stock of State Street is held by insiders.

  • Percentage Held by Institutions

    87.44% of the stock of State Street is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about State Street's insider trading history.
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STT Stock News Headlines

State Street (STT) Receives a Buy from KBW
I was wrong. Dead wrong.
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
State Street Becomes Substantial Holder in De Grey Mining
State Street sees FY25 NII ‘roughly flat’ year-over-year
See More Headlines

STT Stock Analysis - Frequently Asked Questions

State Street's stock was trading at $98.15 on January 1st, 2025. Since then, STT shares have decreased by 0.7% and is now trading at $97.5090.
View the best growth stocks for 2025 here
.

State Street Co. (NYSE:STT) announced its quarterly earnings results on Friday, January, 17th. The asset manager reported $2.60 EPS for the quarter, beating the consensus estimate of $2.29 by $0.31. The firm's quarterly revenue was up 12.1% on a year-over-year basis.

The following companies are subsidiaries of State Street: BBH’s Investor Services, Mercatus, BestX, Charles River Development, GE Asset Management, The National Bank of Georgia, Complementa, and more.

Top institutional shareholders of State Street include Nordea Investment Management AB (0.74%), Wedge Capital Management L L P NC (0.14%), Verity & Verity LLC (0.09%) and Godsey & Gibb Inc. (0.07%). Insiders that own company stock include Eric W Aboaf, Kathryn M Horgan, David C Phelan, John Plansky, Donna M Milrod, Michael L Richards, Anthony Bisegna, Ian Appleyard and Andrew Erickson.
View institutional ownership trends
.

Shares of STT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that State Street investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Exxon Mobil (XOM) and General Electric (GE).

Company Calendar

Ex-Dividend for 1/13 Dividend
1/02/2025
Dividend Payable
1/13/2025
Last Earnings
1/17/2025
Today
1/20/2025
Next Earnings (Confirmed)
1/22/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Asset Management & Custody Banks
CUSIP
85747710
Employees
46,000
Year Founded
1792

Price Target and Rating

Average Stock Price Target
$100.33
High Stock Price Target
$132.00
Low Stock Price Target
$73.00
Potential Upside/Downside
+2.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
15 Analysts

Profitability

Net Income
$1.94 billion
Pretax Margin
12.31%

Debt

Sales & Book Value

Annual Sales
$18.37 billion
Cash Flow
$11.79 per share
Book Value
$70.72 per share

Miscellaneous

Free Float
292,242,000
Market Cap
$28.58 billion
Optionable
Optionable
Beta
1.43

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This page (NYSE:STT) was last updated on 1/21/2025 by MarketBeat.com Staff
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