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State Street Corporation (STT)

Stock Price: $59.32 USD -2.63 (-4.25%)
Updated Sep 21, 2020 3:10 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 20.90B
Revenue (ttm) 11.95B
Net Income (ttm) 2.26B
Shares Out 352.38M
EPS (ttm) 6.24
PE Ratio 9.51
Forward PE 10.14
Dividend $2.08
Dividend Yield 3.51%

Stock Quote

Trading Day Sep 21, 2020
Last Price $59.32
Previous Close $61.95
Change ($) -2.63
Change (%) -4.25%
Day's Open 60.43
Day's Range 58.79 - 61.37
Day's Volume 1,472,938
52-Week Range 42.10 - 85.89

More Stats

Market Cap 20.90B
Enterprise Value n/a
Earnings Date (est) Oct 19, 2020
Ex-Dividend Date Jun 30, 2020
Shares Outstanding 352.38M
Float 349.74M
EPS (basic) 6.32
EPS (diluted) 6.24
FCF / Share 29.78
Dividend $2.08
Dividend Yield 3.51%
Earnings Yield 10.52%
FCF Yield 50.16%
Payout Ratio n/a
Shares Short 5.49M
Short Ratio 3.15
Short % of Float 1.56%
Beta 1.53
PE Ratio 9.51
Forward PE 10.14
P/FCF Ratio 1.99
PS Ratio 1.75
PB Ratio 0.98
Revenue 11.95B
Operating Income 3.03B
Net Income 2.26B
Free Cash Flow 10.49B
Net Cash 62.61B
Net Cash / Share 177.68
Gross Margin 99.04%
Operating Margin 25.34%
Profit Margin 18.90%
FCF Margin 87.73%
ROA 0.95%
ROE 9.84%
ROIC 1.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (19)

Buy 7
Overweight 0
Hold 11
Underweight 0
Sell 1

Analyst Consensus: Overweight

Price Target

$71.62*
(20.73% upside)
Low
63.0
Current: $59.32
High
83.0
Target: 71.62
*Average 12-month price target from 17 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue11,75612,13111,26610,20710,36010,2749,8649,6499,5948,953
Revenue Growth-3.09%7.68%10.38%-1.48%0.84%4.16%2.23%0.57%7.16%-
Gross Profit11,75612,13111,26610,20710,36010,2749,8649,6499,5948,953
Operating Income2,7223,1162,9972,1302,3102,4472,6722,7632,5362,111
Net Income2,0092,4041,9721,9681,8481,9582,0162,0191,8821,540
Shares Outstanding370372375391408424446474493495
Earnings Per Share5.386.395.194.974.474.534.434.203.793.09
EPS Growth-15.81%23.12%4.43%11.19%-1.32%2.26%5.48%10.82%22.65%-
Dividend Per Share1.981.781.601.441.321.161.040.960.720.04
Dividend Growth11.24%11.25%11.11%9.09%13.79%11.54%8.33%33.33%1700%-
Operating Cash Flow5,69010,1756,9402,290-1,403-561-2,0241,9333,374823
Capital Expenditures-730-609-637-613-703-427-388-355-298-262
Free Cash Flow4,9609,5666,3031,677-2,106-988-2,4121,5783,076561
Cash & Equivalents72,26776,25269,33472,24976,54595,37867,47753,35361,07925,545
Total Debt14,45015,26715,60617,41517,75023,36921,45120,33622,12531,099
Net Cash / Debt57,81760,98553,72854,83458,79572,00946,02633,01738,954-5,554
Assets245,610244,596238,425242,698245,155274,119243,291222,582216,827160,505
Liabilities221,179219,859216,108221,479224,020252,791222,913201,713197,429142,718
Book Value24,43124,73722,31721,21921,10321,32820,37820,86919,39817,787
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name State Street Corporation
Country United States
Employees 39,068
CEO Ronald Philip O'Hanley

Stock Information

Ticker Symbol STT
Stock Exchange New York Stock Exchange
Sector Financial Services
Industry Asset Management
Unique Identifier NYSE: STT

Description

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. It offers investment servicing products and services, including custody; product and participant level accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. The company also engages in the investment servicing line of business, such as portfolio modeling and construction; trade order management; investment risk and compliance; and wealth management solutions. In addition, it provides 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, the company offers services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and outsourced chief investment officer, as well as exchange-traded fund under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment 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.