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State Street NYSE:STT Stock Report

Last Price

US$98.20

Market Cap

US$28.8b

7D

-2.2%

1Y

27.2%

Updated

22 Dec, 2024

Data

Company Financials +

State Street Corporation

NYSE:STT Stock Report

Market Cap: US$28.8b

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
Valuation5/6
Future Growth1/6
Past Performance1/6
Financial Health5/6
Dividends5/6

My Notes

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US$103.53
FV
5.2% undervalued intrinsic discount
3.68%
Revenue growth p.a.
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State Street Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for State Street
Historical stock prices
Current Share PriceUS$98.20
52 Week HighUS$101.91
52 Week LowUS$70.20
Beta1.46
1 Month Change0.72%
3 Month Change10.18%
1 Year Change27.22%
3 Year Change5.56%
5 Year Change22.57%
Change since IPO9,008.41%

Recent News & Updates

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

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) Is Increasing Its Dividend To $0.76

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

Aug 22
State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

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

Aug 08
State Street's (NYSE:STT) Shareholders Will Receive A Bigger Dividend Than Last Year

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

Jul 22
State Street (NYSE:STT) Has Announced That It Will Be Increasing Its Dividend To $0.76

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

Shareholder Returns

STTUS Capital MarketsUS Market
7D-2.2%-4.1%-2.4%
1Y27.2%32.3%23.3%

Return vs Industry: STT underperformed the US Capital Markets industry which returned 32.3% over the past year.

Return vs Market: STT exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is STT's price volatile compared to industry and market?
STT volatility
STT Average Weekly Movement2.9%
Capital Markets Industry Average Movement4.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
179253,000Ron 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$28.79b
Earnings (TTM)US$1.93b
Revenue (TTM)US$12.55b

14.9x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STT income statement (TTM)
RevenueUS$12.55b
Cost of RevenueUS$0
Gross ProfitUS$12.55b
Other ExpensesUS$10.62b
EarningsUS$1.93b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 17, 2025

Earnings per share (EPS)6.57
Gross Margin100.00%
Net Profit Margin15.36%
Debt/Equity Ratio211.2%

How did STT perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

44%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

State Street Corporation is covered by 41 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Ishan MajumdarBaptista Research
Jason GoldbergBarclays