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How to buy State Street Corporation (STT) stocks in Canada

Learn how to easily invest in State Street Corporation stocks.

State Street Corporation is an asset management business based in the US. State Street Corporation stocks (STT.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $98.48 – an increase of 0.27% over the previous week. State Street Corporation employs 38,784 staff and has a trailing 12-month revenue of around $12.1 billion.

How to buy shares in State Street Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – STT – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

State Street Corporation stock price (NYSE:STT)

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

State Street Corporation shares at a glance

Information last updated 2022-01-24.
Latest market close$94.13
52-week range$67.31 - $104.87
50-day moving average $95.38
200-day moving average $89.39
Wall St. target price$116.86
PE ratio 13.0459
Dividend yield $2.18 (2.51%)
Earnings per share (TTM) $7.19

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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.

State Street Corporation price performance over time

Historical closes compared with the close of $94.13 from 2022-01-25

1 week (2022-01-19) 0.27%
1 month (2021-12-23) 1.18%
3 months (2021-10-26) -4.21%
6 months (2021-07-26) 9.25%
1 year (2021-01-26) 29.60%
2 years (2020-01-24) 20.16%
3 years (2019-01-25) 29.58%
5 years (2017-01-26) 22.92%

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 13x. In other words, State Street Corporation shares trade at around 13x 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 1.1643. 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 $12.1 billion
Operating margin TTM 28.84%
Gross profit TTM $12.1 billion
Return on assets TTM 0.86%
Return on equity TTM 10.06%
Profit margin 22.33%
Book value $69.37
Market capitalisation $34.3 billion

TTM: trailing 12 months

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 01/01/2019) 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.

State Street Corporation share dividends

24%

Dividend payout ratio: 23.88% of net profits

Recently State Street Corporation has paid out, on average, around 23.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.51% 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 2.51% return on their shares, in the form of dividend payments. In State Street Corporation's case, that would currently equate to about $2.18 per share.

While State Street Corporation's payout ratio might seem low, this can signify that State Street Corporation is investing more in its future growth.

State Street Corporation's most recent dividend payout was on 13 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 31 December 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 31 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 $67.3072 up to $104.87. A popular way to gauge a stock's volatility is its "beta".

STT.US volatility(beta: 1.61)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 1.6067. 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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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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