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State Street (STT)
NYSE:STT
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STT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$70.20 - $101.91
Previous CloseN/A
Volume369.58K
Average Volume (3M)2.13M
Market Cap
$27.98B
Enterprise Value$58.49B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$11.43B
Price to Earnings (P/E)15.1
Beta0.92
Next Earnings
Jan 17, 2025EPS Estimate
2.44Last Dividend Ex-Date
Jan 02, 2025Dividend Yield3%
Share Statistics
EPS (TTM)6.33
Shares Outstanding293,150,500
10 Day Avg. Volume1,621,236
30 Day Avg. Volume2,132,912
Standard Deviation0.10
R-Squared0.61
Alpha-0.00556
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.21
Price to Cash Flow (P/CF)2.60
P/FCF Ratio2.50
Enterprise Value/Market Cap2.09
Enterprise Value/Revenue4.60
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$110.50Price Target Upside15.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
State Street News
Bulls Say, Bears Say
Bulls Say
Capital ReturnManagement anticipates another quarter of healthy capital return with a high payout ratio, providing confidence to investors.
Financial PerformanceState Street reported earnings per share that exceeded expectations, driven by higher net interest income and fees, showcasing strong financial performance.
Growth And StabilityThe firm showed signs of stabilization and modest growth in its Servicing business, supported by improvements in Trading and Software.
Bears Say
Deposit DeclineNon-interest-bearing deposits continued to decline, resulting in a lower portion of total deposits compared to the previous quarter.
Expense GrowthExpenses grew 6% year over year and 2% quarter over quarter, which was higher than recent trends.
Management TransitionThe CFO, Eric Aboaf, will be transitioning out of the role in February 2025, and no successor has been named yet.
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Ownership Overview
0.49% Insiders
31.75% Mutual Funds
0.22% Other Institutional Investors
43.12% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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STT FAQ
What was State Street’s price range in the past 12 months?
State Street lowest stock price was $70.20 and its highest was $101.91 in the past 12 months.
What is State Street’s market cap?
State Street’s market cap is $27.98B.
When is State Street’s upcoming earnings report date?
State Street’s upcoming earnings report date is Jan 17, 2025 which is tomorrow.
How were State Street’s earnings last quarter?
State Street released its earnings results on Oct 15, 2024. The company reported $2.26 earnings per share for the quarter, beating the consensus estimate of $2.119 by $0.141.
Is State Street overvalued?
According to Wall Street analysts State Street’s price is currently Undervalued.
Does State Street pay dividends?
State Street pays a Thriceyearly dividend of $2.896 which represents an annual dividend yield of 3%. See more information on State Street dividends here
What is State Street’s EPS estimate?
State Street’s EPS estimate is 2.44.
How many shares outstanding does State Street have?
State Street has 293,150,500 shares outstanding.
What happened to State Street’s price movement after its last earnings report?
State Street reported an EPS of $2.26 in its last earnings report, beating expectations of $2.119. Following the earnings report the stock price went up 0.986%.
Which hedge fund is a major shareholder of State Street?
Among the largest hedge funds holding State Street’s share is Dodge & Cox. It holds State Street’s shares valued at 837M.
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State Street Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$110.50 (15.78% Upside)
$110.50 (15.78% Upside)
Blogger Sentiment
Bullish
STT Sentiment 85%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 2.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 2.4%
Last 30 Days ▲ 2.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.15%
12-Months-Change
Fundamentals
Return on Equity
8.18%
Trailing 12-Months
Asset Growth
19.01%
Trailing 12-Months
Company Description
State Street
State Street Corporation is a financial services and bank holding company. It provides a range of financial products and services to institutional investors worldwide including deposits, loans and lease financing, securities finance, trading services, portfolio modeling and construction, and wealth management solutions.
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STT Company Deck
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STT Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements including record EPS, robust revenue and fee growth, and strong performance in various segments. However, there were challenges related to increased expenses, continued deposit rotation, and the announcement of the CFO's departure. The overall sentiment reflects a strong financial performance with some operational challenges.Read More>---
STT Revenue Breakdown
57.24% U.S.
42.76% Non U.S.
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STT Stock 12 Month Forecast
Average Price Target
$110.50
▲(15.78% Upside)
Technical Analysis
Bank of New York Mellon Corporation
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Invesco
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Best Analysts Covering STT
1 Year
1 Year Success Rate
28/37 ratings generated profit
1 Year Average Return
+14.72%
assigned a buy rating 2 days ago
Copying Jason Goldberg's trades and holding each position for 1 Year would result in 75.68% of your transactions generating a profit, with an average return of +14.72% per trade.
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