State Street is an asset management business based in the US. State Street shares (STT) are listed on the NYSE and all prices are listed in US Dollars. State Street employs 52,568 staff and has a trailing 12-month revenue of around $12 billion.
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| Latest market close | $84.89 |
|---|---|
| 52-week range | $61.09 - $86.24 |
| 50-day moving average | $76.07 |
| 200-day moving average | $73.57 |
| Wall St. target price | $91.57 |
| PE ratio | 15.6624 |
| Dividend yield | $2.76 (3.58%) |
| Earnings per share (TTM) | $5.42 |
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.
Historical closes compared with the close of $84.89 from 2024-07-25
| 1 week (2024-07-19) | 0.47% |
|---|---|
| 1 month (2024-06-26) | 16.51% |
| 3 months (2024-04-26) | 15.67% |
| 6 months (2024-01-26) | 13.02% |
| 1 year (2023-07-26) | 18.78% |
|---|---|
| 2 years (2022-07-26) | 26.72% |
| 3 years (2021-07-26) | 86.16 |
| 5 years (2019-07-26) | 49.63% |
Valuing State Street stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of State Street's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
State Street's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, State Street shares trade at around 16x 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's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.5322. 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's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
| Revenue TTM | $12 billion |
|---|---|
| Operating margin TTM | 30.56% |
| Gross profit TTM | $12.1 billion |
| Return on assets TTM | 0.58% |
| Return on equity TTM | 7.38% |
| Profit margin | 15.04% |
| Book value | $74.50 |
| Market Capitalization | $25.4 billion |
TTM: trailing 12 months
Dividend payout ratio: 27.66% of net profits
Recently State Street has paid out, on average, around 27.66% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.58% 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 shareholders could enjoy a 3.58% return on their shares, in the form of dividend payments. In State Street's case, that would currently equate to about $2.76 per share.
While State Street's payout ratio might seem fairly standard, it's worth remembering that State Street may be investing much of the rest of its net profits in future growth.
State Street's most recent dividend payout was on 10 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 30 September 2024 (the "ex-dividend date").
State Street'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 shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for State Street shares which in turn could have impacted State Street's share price.
Over the last 12 months, State Street's shares have ranged in value from as little as $61.0941 up to $86.24. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while State Street's is 1.515. This would suggest that State Street'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, 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. In addition, the company offers 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, it provides services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and global fiduciary solutions, as well as exchange-traded funds under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds, UCITS, hedge 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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