How to buy State Street Corporation stock - 10 April

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How to buy State Street Corporation stock

Own State Street Corporation stock in just a few minutes.

State Street Corporation is an asset management business based in the US. State Street Corporation shares (STT) are listed on the NYSE and all prices are listed in US Dollars. State Street Corporation employs 39,439 staff and has a trailing 12-month revenue of around USD$11.6 billion.

How to buy shares in State Street Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for State Street Corporation. Find the stock by name or ticker symbol: STT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until State Street Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of State Street Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of State Street Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

State Street Corporation share price

Use our graph to track the performance of STT stocks over time.

State Street Corporation shares at a glance

Information last updated 2021-04-09.
52-week rangeUSD$49.674 - USD$87.3605
50-day moving average USD$80.928
200-day moving average USD$72.2146
Wall St. target priceUSD$93.5
PE ratio 13.5047
Dividend yield USD$2.08 (2.46%)
Earnings per share (TTM) USD$6.32

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy State Street Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is State Street Corporation under- or over-valued?

Valuing State Street Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of State Street Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

State Street Corporation's P/E ratio

State Street Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, State Street Corporation shares trade at around 14x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

State Street Corporation's PEG ratio

State Street Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.9237. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into State Street Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

State Street Corporation financials

Revenue TTM USD$11.6 billion
Operating margin TTM 28.55%
Gross profit TTM USD$11.6 billion
Return on assets TTM 0.86%
Return on equity TTM 9.56%
Profit margin 20.83%
Book value $67.191
Market capitalisation USD$29.7 billion

TTM: trailing 12 months

Shorting State Street Corporation shares

There are currently 5.9 million State Street Corporation shares held short by investors – that's known as State Street Corporation's "short interest". This figure is 8.6% up from 5.4 million last month.

There are a few different ways that this level of interest in shorting State Street Corporation shares can be evaluated.

State Street Corporation's "short interest ratio" (SIR)

State Street Corporation's "short interest ratio" (SIR) is the quantity of State Street Corporation shares currently shorted divided by the average quantity of State Street Corporation shares traded daily (recently around 3.8 million). State Street Corporation's SIR currently stands at 1.56. In other words for every 100,000 State Street Corporation shares traded daily on the market, roughly 1560 shares are currently held short.

However State Street Corporation's short interest can also be evaluated against the total number of State Street Corporation shares, or, against the total number of tradable State Street Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case State Street Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 State Street Corporation shares in existence, roughly 20 shares are currently held short) or 0.0167% of the tradable shares (for every 100,000 tradable State Street Corporation shares, roughly 17 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against State Street Corporation.

Find out more about how you can short State Street Corporation stock.

State Street Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like State Street Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

State Street Corporation's total ESG risk score

Total ESG risk: 22

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and State Street Corporation's overall score of 22 (as at 12/31/2018) is pretty good – landing it in it in the 31st percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like State Street Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

State Street Corporation's environmental score

Environmental score: 0.56/100

State Street Corporation's environmental score of 0.56 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that State Street Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

State Street Corporation's social score

Social score: 12.93/100

State Street Corporation's social score of 12.93 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that State Street Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

State Street Corporation's governance score

Governance score: 9.52/100

State Street Corporation's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that State Street Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

State Street Corporation's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. State Street Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that State Street Corporation has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

State Street Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 22
Total ESG percentile 30.62
Environmental score 0.56
Environmental score percentile 2
Social score 12.93
Social score percentile 2
Governance score 9.52
Governance score percentile 2
Level of controversy 2

State Street Corporation share dividends

31%

Dividend payout ratio: 31.09% of net profits

Recently State Street Corporation has paid out, on average, around 31.09% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.46% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), State Street Corporation shareholders could enjoy a 2.46% return on their shares, in the form of dividend payments. In State Street Corporation's case, that would currently equate to about $2.08 per share.

While State Street Corporation's payout ratio might seem fairly standard, it's worth remembering that State Street Corporation may be investing much of the rest of its net profits in future growth.

State Street Corporation's most recent dividend payout was on 11 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 March 2021 (the "ex-dividend date").

Have State Street Corporation's shares ever split?

State Street Corporation's shares were split on a 2:1 basis on 30 May 2001. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your State Street Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for State Street Corporation shares which in turn could have impacted State Street Corporation's share price.

State Street Corporation share price volatility

Over the last 12 months, State Street Corporation's shares have ranged in value from as little as $49.674 up to $87.3605. A popular way to gauge a stock's volatility is its "beta".

STT.US volatility(beta: 1.62)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while State Street Corporation's is 1.6227. This would suggest that State Street Corporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

State Street Corporation overview

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 operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. The company 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 throughout. In addition, it provides investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, the company offers services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded fund under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

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