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State Street NYSE:STT Stock Report

Last Price

US$87.10

Market Cap

US$25.7b

7D

3.6%

1Y

24.7%

Updated

30 Aug, 2024

Data

Company Financials +

State Street Corporation

NYSE:STT Stock Report

Market Cap: US$25.7b

Community Narratives

Narratives bring a range of perspectives from our community.

US$90.91
FV
4.2% undervalued intrinsic discount
3.84%
Revenue growth p.a.
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24 days agoauthor updated this narrative

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$87.10
52 Week HighUS$87.27
52 Week LowUS$62.78
Beta1.51
11 Month Change2.51%
3 Month Change15.23%
1 Year Change24.70%
33 Year Change-6.23%
5 Year Change68.02%
Change since IPO7,978.85%

Recent News & Updates

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

Recent updates

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
7D3.6%1.0%0.06%
1Y24.7%32.0%22.6%

Return vs Industry: STT underperformed the US Capital Markets industry which returned 31.5% over the past year.

Return vs Market: STT exceeded the US Market which returned 22.2% over the past year.

Price Volatility

Is STT's price volatile compared to industry and market?
STT volatility
STT Average Weekly Movement3.7%
Capital Markets Industry Average Movement3.9%
Market Average Movement6.3%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: STT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
179252,568Ron 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$25.65b
Earnings (TTM)US$1.64b
Revenue (TTM)US$12.01b

15.8x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
STT income statement (TTM)
RevenueUS$12.01b
Cost of RevenueUS$0
Gross ProfitUS$12.01b
Other ExpensesUS$10.36b
EarningsUS$1.64b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 15, 2024

Earnings per share (EPS)5.50
Gross Margin100.00%
Net Profit Margin13.68%
Debt/Equity Ratio214.4%

How did STT perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

51%

Payout Ratio

Does STT pay a reliable dividends?

See STT dividend history and benchmarks
When do you need to buy STT by to receive an upcoming dividend?
State Street dividend dates
Ex Dividend DateOct 01 2024
Dividend Pay DateOct 11 2024
Days until Ex dividend30 days
Days until Dividend pay date40 days

Does STT pay a reliable dividends?

See STT dividend history and benchmarks