State Street Corporation (STT)
| Market Cap | 35.49B |
| Revenue (ttm) | 11.69B |
| Net Income (ttm) | 2.23B |
| Shares Out | 345.89M |
| EPS (ttm) | 6.79 |
| PE Ratio | 14.46 |
| Forward PE | 12.08 |
| Dividend | $2.13 (2.17%) |
| Ex-Dividend Date | Sep 30, 2021 |
| Volume | 2,328,479 |
| Open | 99.31 |
| Previous Close | 99.37 |
| Day's Range | 97.62 - 100.36 |
| 52-Week Range | 55.68 - 100.36 |
| Beta | 1.56 |
| Analysts | Buy |
| Price Target | 107.30 (+9.3%) |
| Est. Earnings Date | Jan 18, 2022 |
About STT
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 accounting; daily pricing and administration; master trust and master custody; depotbank; 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 ...
Financial Performance
In 2020, State Street's revenue was $11.70 billion, a decrease of -0.45% compared to the previous year's $11.76 billion. Earnings were $2.26 billion, an increase of 12.34%.
Financial StatementsAnalyst Forecast
According to 19 analysts, the average rating for State Street stock is "Buy." The 12-month stock price forecast is 107.30, which is an increase of 9.33% from the latest price.
News
State Street Announces Chief Financial Officer to Participate in the BancAnalysts Association of Boston Conference
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) announced today that its Chief Financial Officer, Eric Aboaf, will participate in the BancAnalysts Association of Boston Conference on Thursd...
State Street Corporation Declares Dividends on Its Non-Cumulative Perpetual Preferred Stock Series “D”, “F”, “G” and “H”
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced a cash dividend on each of the below outstanding series of non-cumulative perpetual preferred stock: Series D (represented by...
State Street Announces First Transaction Under Peer-to-Peer Repo Program
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced the first transaction within its Peer-to-Peer Repo program following its launch earlier this year. The trade was executed bet...
State Street (STT) Stock Up on Q3 Earnings & Revenue Beat
Rise in top line and provision benefits support State Street's (STT) Q3 earnings. This leads to an optimistic investor stance and thus, the stock gains in the pre-market trading.
Profit-Taking to Start a New Trading Week
After a strong trading week last week, the Dow is down -190 points, the S&P 500 is -25 and the Nasdaq -75 points.
Big Earnings Reports on Cards this Week
Big Earnings Reports on Cards this Week
Why State Street Corporation (STT) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?
State Street Stock To Beat Consensus In Q3?
State Street (NYSE: STT) is scheduled to report its fiscal Q3 2021 results on Monday, October 18. We expect State Street to top the earnings and revenue expectations.
State Street Corporation (STT) Tops Q3 Earnings and Revenue Estimates
State Street Corporation (STT) delivered earnings and revenue surprises of 4.17% and 1.34%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
State Street Reports Third-Quarter 2021 Financial Results
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) reported its third-quarter 2021 financial results today. The news release, presentation, and additional financial information can be accesse...
What's in the Cards for State Street (STT) in Q3 Earnings?
State Street's (STT) Q3 earnings are likely to have been positively affected by the steepening of the yield curve and strength in equity markets.
State Street Digital Appointed by Digital Securities Depository Corporation (DSDC)
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it will provide custody services to the Digital Securities Depository Corporation (DSDC). DSDC operates a novel cross-bo...
State Street (STT) Rides on Strategic Buyouts, Low Rates a Woe
Business servicing wins, expansion efforts through opportunistic acquisitions, and global reach will aid State Street's financials. However, lower rates and elevated costs are near-term concerns.
State Street Announces Expansion of Direct Access Lending
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced it has expanded upon its market leading peer-to-peer securities finance product, Direct Access Lending -- which enables dire...
State Street Corporation (STT) Earnings Expected to Grow: Should You Buy?
State Street Corporation (STT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
State Street Appointed by Harbor Capital Advisors, Inc. For ETF Servicing
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE:STT) today announced that it has been appointed as the back office servicing agent for Harbor Capital Advisors' first actively managed fully trans...
Are You Looking for a High-Growth Dividend Stock? State Street Corporation (STT) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does State Street Corporation (STT) have what it takes?
Yields Climb on Likely Interest Rate Hike: 3 Bank Stock Picks
The treasury yield rally, a sooner-than-expected interest rate hike and the central bank's bond tapering on the horizon have put banks like JPM, STT and OZK in the bright spot.
State Street Global Advisors Expands Fixed Income ETF Offering with Debut of SPDR® Loomis Sayles Opportunistic Bond ETF
BOSTON--(BUSINESS WIRE)--State Street Global Advisors Expands Fixed Income ETF Offering with Debut of SPDR® Loomis Sayles Opportunistic Bond ETF
What Makes State Street Corporation (STT) a New Buy Stock
State Street Corporation (STT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
2 Dividend Stocks That Just Announced Good News
These two companies made major acquisitions that should spur future growth.
State Street Corporation Announces Date for Release of Third-Quarter 2021 Financial Results and Conference Call Webcast
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) plans to announce its third-quarter 2021 financial results on Monday, October 18, 2021 at approximately 7:30 a.m. ET. The results will be re...
Invesco in talks to merge with State Street's asset-management business
Invesco Ltd. is in talks to merge with State Street Corp.'s asset-management business, people familiar with the matter said.