State Street Corporation (STT)
| Market Cap | 28.47B |
| Revenue (ttm) | 12.93B |
| Net Income (ttm) | 2.48B |
| Shares Out | 288.47M |
| EPS (ttm) | 8.21 |
| PE Ratio | 12.02 |
| Forward PE | 10.08 |
| Dividend | $3.04 (3.08%) |
| Ex-Dividend Date | Jan 2, 2025 |
| Volume | 1,808,237 |
| Open | 99.93 |
| Previous Close | 99.64 |
| Day's Range | 98.63 - 100.62 |
| 52-Week Range | 70.20 - 103.00 |
| Beta | 1.45 |
| Analysts | Buy |
| Price Target | 101.14 (+2.47%) |
| Earnings Date | Apr 11, 2025 |
About STT
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; securiti... [Read more]
Financial Performance
In 2024, State Street's revenue was $12.93 billion, an increase of 8.62% compared to the previous year's $11.90 billion. Earnings were $2.48 billion, an increase of 36.35%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for STT stock is "Buy." The 12-month stock price forecast is $101.14, which is an increase of 2.47% from the latest price.
News
State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “G,” “I,” and “J”
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a quarterly cash dividend of $0.76 per share of common stock, payable on April 11, 2025 to common shareholders of record at...
State Street Corporation Announces Issuance of Preferred Stock
BOSTON--(BUSINESS WIRE)--State Street Corporation (“State Street”) (NYSE: STT) announced today that it has issued $750 million of depositary shares, each representing a 1/100th ownership interest in a...
Stagflation Is a Concern for State Street Strategist Loh
Marvin Loh, senior global macro strategist at State Street, says he is in the bear steepening camp which keeps him "hesitant to really embrace duration" in the bond market.
State Street to Speak at the UBS Financial Services Conference
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chairman & Chief Executive Officer, Ron O'Hanley, will present at the UBS Financial Services Conference in Miami,...
My Top 15 High-Growth Dividend Stocks For February 2025
The SPDR S&P 500 ETF Trust starts 2025 on a positive note gaining 2.67% in January. The Top 15 dividend growth stocks for February 2025 offer an average dividend yield of 1.64% and appear to be about ...
My Top 10 High-Yield Dividend Stocks For February 2025
SPY kicks off 2025 with a gain of 2.67% in January. VYM is off to an even better start with a gain of 3.75%. The top 10 stocks on the watchlist for February 2025 offer a 3.43% dividend yield, nearly t...
Gold prices are off to the races as investors protect themselves from market volatility - State Street's George Milling-Stanley
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Sarah Salih Joins State Street as Head of North America Investment Services Business
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the appointment of Sarah Salih to executive vice president and head of North America for its Investment Services business....
What's Next For STT Stock?
State Street's stock (NYSE: STT) , a company that provides a variety of financial services to institutional investors, posted a better-than-expected set of Q4 2024 results. The stock has gained about ...
State Street Corporation (STT) Q4 2024 Q&A Earnings Call Transcript
State Street Corporation (NYSE:STT) Q4 2024 Q&A Earnings Call January 22, 2025 12:00 PM ET Company Participants Elizabeth Lynn - Head of IR Ron O'Hanley - CEO Eric Aboaf - CFO Mark Keating - EVP and ...
State Street Corporation (NYSE: STT) Additional Q&A for 4Q and Full-Year Earnings Results
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2024 financial results last Friday, January 17, 2025. The news release, presentation and additio...
State Street: Solid Q4 But Disappointing Guidance
State Street shares gained 30% over the past year, benefiting from fewer rate cuts and rising asset levels, but mixed guidance prompts a "hold" rating. Q4 earnings beat consensus at $2.60 per share, d...
State Street Corporation (NYSE: STT) to Host Additional Q&A for 4Q and Full-Year Earnings Results
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2024 financial results earlier today. The news release, presentation and additional financial in...
Nasdaq Surges Over 300 Points; State Street Earnings Top Views
U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining around 1% on Friday.
State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2024 Financial Results
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2024 financial results today. The news release, presentation and additional financial informatio...
How To Earn $500 A Month From State Street Stock Ahead Of Q4 Earnings
State Street Corporation STT will release its fourth-quarter financial results, before the opening bell, on Friday, Jan. 17, 2025.
US equity 'exceptionalism' to continue, State Street asset management CEO says
U.S. stocks look set to extend their outperformance this year driven by the financial firepower of big tech firms and investor friendly policies under a second Donald Trump presidency, the CEO of Stat...
State Street Corporation Declares Common Stock Dividend
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced a quarterly cash dividend of $0.76 per share of common stock, payable on January 13, 2025 to common shareholders of record...
State Street Announces Three Additional Bank Partnerships to Support Minority Depository Institutions and Community Development Financial Institutions
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced that it has placed an additional round of deposits through three Minority Depository Institutions (MDIs) and Community Dev...
Easing Regulations To Help State Street's Stock?
State Street's stock (NYSE: STT) , a company that provides a variety of financial services to institutional investors, has fared well this year, rising by about 29% year-to-date. This compares to peer...
State Street Appoints Majed Al Hassoun as Head of KSA and Bahrain
RIYADH, Saudi Arabia--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the appointment of Majed Al Hassoun as Country Head Saudi Arabia and Bahrain, to drive and execute the firm'...
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
State Street Global Advisors Study Finds Assets in Model Portfolios Rising as Advisors Focus on Efficiency, Holistic Planning and Client Satisfaction
BOSTON--(BUSINESS WIRE)--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT) today released the results of its Model Portfolios: Adaptive Solutions for ...
State Street Announces Partnership with Harris | Oakmark for State Street Alpha®
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that Harris | Oakmark has gone live with State Street Alpha®, the firm's front-to-back asset servicing platform for instit...
State Street Corporation (NYSE: STT) Announces Date for Release of Fourth-Quarter and Full-Year 2024 Financial Results and Conference Call Webcast
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its fourth-quarter and full-year 2024 financial results on Friday, January 17, 2025 at approximately 7:30 a.m. ET. A con...