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State Street NYSE:STT Stock Report

Last Price

US$73.02

Market Cap

US$22.6b

7D

-4.7%

1Y

-2.5%

Updated

16 Apr, 2024

Data

Company Financials +

State Street Corporation

NYSE:STT Stock Report

Market Cap: US$22.6b

STT Stock Overview

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide.

STT fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends5/6

State Street Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for State Street
Historical stock prices
Current Share PriceUS$73.02
52 Week HighUS$79.90
52 Week LowUS$62.78
Beta1.54
1 Month Change0.72%
3 Month Change-2.24%
1 Year Change-2.51%
3 Year Change-7.10%
5 Year Change9.21%
Change since IPO6,672.88%

Recent News & Updates

Recent updates

State Street: An Anchor To Hold Onto With Dividend Growth And Capital Strength (Ratings Downgrade)

Dec 22

State Street: Moderate Upside With Deposit Pressures Potentially Near A Peak In Q3

Oct 19

State Street's (NYSE:STT) Dividend Will Be Increased To $0.69

Sep 20
State Street's (NYSE:STT) Dividend Will Be Increased To $0.69

State Street (NYSE:STT) Will Pay A Larger Dividend Than Last Year At $0.69

Sep 06
State Street (NYSE:STT) Will Pay A Larger Dividend Than Last Year At $0.69

State Street (NYSE:STT) Is Increasing Its Dividend To $0.69

Aug 21
State Street (NYSE:STT) Is Increasing Its Dividend To $0.69

State Street: Upgrade To Strong Buy Opportunity With Near 4% Dividend Yield

Aug 17

State Street's (NYSE:STT) Upcoming Dividend Will Be Larger Than Last Year's

Aug 07
State Street's (NYSE:STT) Upcoming Dividend Will Be Larger Than Last Year's

State Street's (NYSE:STT) Dividend Will Be Increased To $0.69

Jul 24
State Street's (NYSE:STT) Dividend Will Be Increased To $0.69

Shareholder Returns

STTUS Capital MarketsUS Market
7D-4.7%-4.9%-3.5%
1Y-2.5%22.2%20.2%

Return vs Industry: STT underperformed the US Capital Markets industry which returned 23.5% over the past year.

Return vs Market: STT underperformed the US Market which returned 20.9% over the past year.

Price Volatility

Is STT's price volatile compared to industry and market?
STT volatility
STT Average Weekly Movement2.7%
Capital Markets Industry Average Movement3.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

Stable Share Price: STT has not had significant price volatility in the past 3 months.

Volatility Over Time: STT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
179242,786Ron O’Hanleywww.statestreet.com

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; securities finance and enhanced custody products; deposit and short-term investment facilities; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. It also engages in the provision of portfolio management and risk analytics, as well as trading and post-trade settlement services with integrated compliance and managed data.

State Street Corporation Fundamentals Summary

How do State Street's earnings and revenue compare to its market cap?
STT fundamental statistics
Market capUS$22.59b
Earnings (TTM)US$1.71b
Revenue (TTM)US$11.95b

12.8x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STT income statement (TTM)
RevenueUS$11.95b
Cost of RevenueUS$0
Gross ProfitUS$11.95b
Other ExpensesUS$10.24b
EarningsUS$1.71b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.68
Gross Margin100.00%
Net Profit Margin14.34%
Debt/Equity Ratio142.7%

How did STT perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

49%

Payout Ratio
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