State Street (NYSE:STT) - Stock Price, News & Analysis

STT Stock Overview

Through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. More details

STT fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	1/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 29.8% below our estimate of its fair value

Earnings are forecast to grow 13.48% per year

Pays a reliable dividend of 3.19%

Trading at good value compared to peers and industry

Risk Analysis

Significant insider selling over the past 3 months

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Alpha Platform And FX Trading Drive Resilient Growth Amid Market Challenges

Key Takeaways Robust fee and revenue growth, driven by servicing fees and State Street Alpha, is supporting long-term business onboarding and expansion. Capital returns and productivity initiatives improve margins and EPS, showcasing financial strength and strategic investments.

View narrative

US$98.40

3.2% undervalued

3.16%

Revenue growth p.a.

Updated

State Street Corporation Competitors

T. Rowe Price Group

NasdaqGS:TROW

US$26.2b

Northern Trust

NasdaqGS:NTRS

US$21.4b

Ares Management

NYSE:ARES

US$53.3b

Bank of New York Mellon

NYSE:BK

US$56.4b

Price History & Performance

Summary of all time highs, changes and price drops for State Street
Historical stock prices
Current Share Price	US$95.30
52 Week High	US$98.45
52 Week Low	US$68.99
Beta	1.48
11 Month Change	5.67%
3 Month Change	15.43%
1 Year Change	36.38%
33 Year Change	-3.01%
5 Year Change	26.51%
Change since IPO	8,739.43%

State Street: Viewing A Decent Company Through A Low-Growth Lens

Nov 20

Recent updates

State Street: Viewing A Decent Company Through A Low-Growth Lens

Nov 20

State Street (NYSE:STT) Is Increasing Its Dividend To $0.76

Sep 19

State Street: Strong Regulatory Capital And Positives Outweigh The Negatives (Rating Upgrade)

Sep 19

State Street (NYSE:STT) Is Increasing Its Dividend To $0.76

Sep 05

State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

Aug 22

State Street's (NYSE:STT) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 08

State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

Jul 22

State Street Looks Interesting Heading Into Q2 Earnings Yielding 3.61%

Jul 15

State Street (NYSE:STT) Has Announced A Dividend Of $0.69

Jun 30

Shareholder Returns

	STT	US Capital Markets	US Market
7D	0.1%	0.2%	-1.2%
1Y	36.4%	55.4%	30.4%

Return vs Industry: STT underperformed the US Capital Markets industry which returned 55.4% over the past year.

Return vs Market: STT exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is STT's price volatile compared to industry and market?
STT volatility
STT Average Weekly Movement	2.8%
Capital Markets Industry Average Movement	3.9%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

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

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

About the Company

Founded	Employees	CEO	Website
1792	53,000	Ron O’Hanley	www.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 cap	US$27.76b
Earnings (TTM)	US$1.93b
Revenue (TTM)	US$12.55b

14.5x

P/E Ratio

2.2x

P/S Ratio

Is STT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STT income statement (TTM)
Revenue	US$12.55b
Cost of Revenue	US$0
Gross Profit	US$12.55b
Other Expenses	US$10.62b
Earnings	US$1.93b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	6.57
Gross Margin	100.00%
Net Profit Margin	15.36%
Debt/Equity Ratio	211.2%

How did STT perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

44%

Payout Ratio

STT Stock Overview

Rewards

Risk Analysis

Alpha Platform And FX Trading Drive Resilient Growth Amid Market Challenges

State Street Corporation Competitors

NasdaqGS:TROW

US$26.2b

NasdaqGS:NTRS

US$21.4b

NYSE:ARES

US$53.3b

NYSE:BK

US$56.4b

Price History & Performance

Recent News & Updates

State Street: Viewing A Decent Company Through A Low-Growth Lens

State Street Corporation Names Patricia Halliday to Board of Directors

State Street Corporation Names Patricia Halliday to Board of Directors

Insider recently sold US$1.3m worth of stock

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

State Street Corporation Announces Eric Aboaf Leaves as Chief Financial Officer

Recent updates

State Street: Viewing A Decent Company Through A Low-Growth Lens

State Street Corporation Names Patricia Halliday to Board of Directors

State Street Corporation Names Patricia Halliday to Board of Directors

Insider recently sold US$1.3m worth of stock

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

State Street Corporation Announces Eric Aboaf Leaves as Chief Financial Officer

State Street Corporation Announces Appointment of Maria Ximena Vasquez Barbosa as Regional Sales Head Latin America & Caribbean

State Street Corporation Appoints Vanessa Fernandes as Head of Digital Assets Solutions

Upcoming dividend of US$0.76 per share

State Street (NYSE:STT) Is Increasing Its Dividend To $0.76

State Street: Strong Regulatory Capital And Positives Outweigh The Negatives (Rating Upgrade)

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

Diamondback Energy, Inc. completed the acquisition of Endeavor Energy Resources, LP from Endeavor Manager, LLC, The Vanguard Group, Inc., BlackRock, Inc. (NYSE:BLK), Wellington Management Company LLP, State Street Corporation (NYSE:STT) and others.

State Street (NYSE:STT) Is Increasing Its Dividend To $0.76

Insider recently sold US$1.0m worth of stock

State Street Corporation to Report Q3, 2024 Results on Oct 15, 2024

State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

State Street Corporation Appoints Joerg Ambrosius as President of Investment Services

State Street's (NYSE:STT) Shareholders Will Receive A Bigger Dividend Than Last Year

Woodside Energy Group Ltd (ASX:WDS) entered into a definitive agreement to acquire Tellurian Inc. (NYSEAM:TELL) from Chatterjee Fund Management L P, State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK) and others for approximately $860 million.

Woodside Energy Group Ltd (ASX:WDS) entered into a definitive agreement to acquire Tellurian Inc. (NYSEAM:TELL) from Chatterjee Fund Management L P, State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK) and others for approximately $860 million.

State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

Dividend of US$0.76 announced

State Street Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on October 11, 2024

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

State Street Looks Interesting Heading Into Q2 Earnings Yielding 3.61%

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of CSR Limited (ASX:CSR) from a group of sellers.

State Street (NYSE:STT) Has Announced A Dividend Of $0.69

State Street Corporation Intends to Increase Its Per Share Common Stock Dividend in the Third Quarter of 2024

ABN AMRO Reportedly Nears Deal to Buy HSBC's German Private Bank

State Street Corporation to Report Q2, 2024 Results on Jul 16, 2024

First quarter dividend of US$0.69 announced

State Street Corporation Declares Dividends on Its Common Stock, Payable on July 11, 2024

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

State Street Corporation Announces the Appointment of Elizabeth Lynn to Executive Vice President and Global Head of Investor Relations

Future Pak, Ltd. submits a proposal to acquire Vanda Pharmaceuticals Inc. (NasdaqGM:VNDA) from The Vanguard Group, Inc., State Street Corporation (NYSE:STT), BlackRock, Inc. (NYSE:BLK), Dimensional Fund Advisors LP and others for approximately $450 million.

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

State Street Corporation, Annual General Meeting, May 15, 2024

Insufficient new directors

Upcoming dividend of US$0.69 per share

State Street Corporation to Report Q1, 2024 Results on Apr 12, 2024

Healthpeak Properties, Inc. (NYSE:PEAK) completed the acquisition of Physicians Realty Trust (NYSE:DOC) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc., State Street Corporation (NYSE:STT) and others.

Fourth quarter dividend of US$0.69 announced

Full year 2023 earnings: EPS misses analyst expectations

State Street Corporation Declares First Quarter Dividend on Its Common Stock, Payable on April 11, 2024

Now 22% undervalued

AbbVie Inc. (NYSE:ABBV) completed the acquisition of ImmunoGen, Inc. (NasdaqGS:IMGN) from Redmile Group, LLC, RA Capital Management, L.P., BlackRock, Inc. (NYSE:BLK), State Street Corporation (NYSE:STT), The Vanguard Group, Inc. and others.

Shareholder Returns

Price Volatility

About the Company

State Street Corporation Fundamentals Summary

14.5x

2.2x

Earnings & Revenue

Dividends

3.2%

44%