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State Street (STT)
NYSE:STT
Holding STT?
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STT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$70.20 - $99.50
Previous Close$98.51
Volume1.16M
Average Volume (3M)2.14M
Market Cap
$28.88B
Enterprise Value$59.80B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$30.92B
Price to Earnings (P/E)15.6
Beta0.87
Next Earnings
Jan 17, 2025EPS Estimate
$2.3Last Dividend Ex-Date
Oct 01, 2024Dividend Yield2.87%
Share Statistics
EPS (TTM)6.33
Shares Outstanding293,150,519
10 Day Avg. Volume1,817,354
30 Day Avg. Volume2,139,501
Standard Deviation0.10
R-Squared0.61
Alpha-0.00431
Financial Highlights & Ratios
Price to Book (P/B)1.21
Price to Sales (P/S)2.18
Price to Cash Flow (P/CF)2.60
P/FCF Ratio2.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.70
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$99.86Price Target Upside1.37% Upside
Rating ConsensusHold
Number of Analyst Covering14
State Street News
Bulls Say, Bears Say
Bulls Say
Capital ReturnState Street expects another quarter of strong capital return with a payout ratio comfortably in the 80-90% range, indicating robust shareholder value.
Earnings PerformanceState Street reported earnings per share of $2.26, surpassing both internal and consensus estimates, driven by higher net interest income and fees.
Financial OutlookManagement revised the full-year net interest income outlook to a higher range, reflecting confidence in investment portfolio repositioning and organic growth targets.
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.
Leadership 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
31.94% Mutual Funds
25.78% Other Institutional Investors
15.74% 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 $99.50 in the past 12 months.
What is State Street’s market cap?
Currently, no data Available
When is State Street’s upcoming earnings report date?
State Street’s upcoming earnings report date is Jan 17, 2025 which is in 27 days.
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 Quarterly dividend of $0.759 which represents an annual dividend yield of 2.87%. See more information on State Street dividends here
What is State Street’s EPS estimate?
State Street’s EPS estimate is $2.3.
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 0.979%.
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
1
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Analyst Consensus
Hold
Average Price Target:
$99.86 (1.37% Upside)
$99.86 (1.37% Upside)
Blogger Sentiment
Bullish
STT Sentiment 85%
Sector Average 63%
Sector Average 63%
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
Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
News Sentiment
Bearish
Bullish news 33%
Bearish news 67%
Bearish news 67%
Technicals
SMA
Positive
20 days / 200 days
Momentum
42.32%
12-Months-Change
Fundamentals
Return on Equity
8.55%
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
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STT Revenue Breakdown
57.24% U.S.
42.76% Non U.S.
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STT Stock 12 Month Forecast
Average Price Target
$99.86
▲(1.37% Upside)
Technical Analysis
Bank of New York Mellon Corporation
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Northern
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Evercore Partners
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Ameriprise Financial
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Best Analysts Covering STT
1 Year
1 Year Success Rate
16/19 ratings generated profit
1 Year Average Return
+18.82%
assigned a buy rating last month
Copying Mike Mayo's trades and holding each position for 1 Year would result in 84.21% of your transactions generating a profit, with an average return of +18.82% per trade.
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