State Street Corp. (STT): Price and Financial Metrics
STT Price/Volume Stats
Current price | $77.32 | 52-week high | $81.37 |
Prev. close | $76.88 | 52-week low | $62.78 |
Day low | $76.20 | Volume | 2,202,822 |
Day high | $77.68 | Avg. volume | 2,238,808 |
50-day MA | $73.56 | Dividend yield | 3.65% |
200-day MA | $71.53 | Market Cap | 23.35B |
STT Stock Price Chart Interactive Chart >
STT POWR Grades
- Momentum is the dimension where STT ranks best; there it ranks ahead of 74.09% of US stocks.
- The strongest trend for STT is in Growth, which has been heading down over the past 26 weeks.
- STT ranks lowest in Growth; there it ranks in the 23rd percentile.
STT Stock Summary
- STT's went public 37.52 years ago, making it older than 92.45% of listed US stocks we're tracking.
- Equity multiplier, or assets relative to shareholders' equity, comes in at 11.98 for STATE STREET CORP; that's greater than it is for 93.27% of US stocks.
- In terms of volatility of its share price, STT is more volatile than merely 7.92% of stocks we're observing.
- If you're looking for stocks that are quantitatively similar to STATE STREET CORP, a group of peers worth examining would be RGA, DAL, SYF, WAL, and TRMK.
- STT's SEC filings can be seen here. And to visit STATE STREET CORP's official web site, go to www.statestreet.com.
STT Valuation Summary
- In comparison to the median Financial Services stock, STT's price/sales ratio is 66.67% higher, now standing at 2.
- STT's price/sales ratio has moved down 1.7 over the prior 243 months.
Below are key valuation metrics over time for STT.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
STT | 2023-12-22 | 2.0 | 1 | 10.2 | -12.2 |
STT | 2023-12-21 | 2.0 | 1 | 10.1 | -12.3 |
STT | 2023-12-20 | 1.9 | 1 | 10.0 | -12.4 |
STT | 2023-12-19 | 2.0 | 1 | 10.2 | -12.2 |
STT | 2023-12-18 | 2.0 | 1 | 10.2 | -12.2 |
STT | 2023-12-15 | 2.0 | 1 | 10.2 | -12.2 |
STT Growth Metrics
- Its 5 year net income to common stockholders growth rate is now at 2%.
- Its 3 year revenue growth rate is now at 2.21%.
- The year over year cash and equivalents growth rate now stands at -4.57%.
The table below shows STT's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2022-12-31 | 12,148 | 11,954 | 2,660 |
2022-09-30 | 12,046 | 9,145 | 2,626 |
2022-06-30 | 12,077 | 5,066 | 2,650 |
2022-03-31 | 12,158 | 1,608 | 2,666 |
2021-12-31 | 12,027 | -6,710 | 2,572 |
2021-09-30 | 11,891 | -7,561 | 2,408 |
STT's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- STT has a Quality Grade of C, ranking ahead of 33.22% of graded US stocks.
- STT's asset turnover comes in at 0.037 -- ranking 238th of 428 Banking stocks.
- FCNCA, ASRV, and ACNB are the stocks whose asset turnover ratios are most correlated with STT.
The table below shows STT's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-09-30 | 0.037 | 1 | 0.014 |
2021-06-30 | 0.038 | 1 | 0.013 |
2021-03-31 | 0.039 | 1 | 0.013 |
2020-12-31 | 0.038 | 1 | 0.013 |
2020-09-30 | 0.041 | 1 | 0.013 |
2020-06-30 | 0.042 | 1 | 0.013 |
STT Price Target
For more insight on analysts targets of STT, see our STT price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
Average Price Target | $100.71 | Average Broker Recommendation | 1.59 (Moderate Buy) |
State Street Corp. (STT) Company Bio
State Street Corporation is an American financial services and bank holding company headquartered at One Lincoln Street in Boston with operations worldwide. It is the second-oldest continually operating United States bank; its predecessor, Union Bank, was founded in 1792. State Street is ranked 15th on the list of largest banks in the United States by assets. It is one of the largest asset management companies in the world with US$3.9 trillion under management and US$43.3 trillion under custody and administration. It is the largest custodian bank in the world, providing securities services and it is almost considered a systemically important bank by the Financial Stability Board. (Source:Wikipedia)
Latest STT News From Around the Web
Below are the latest news stories about STATE STREET CORP that investors may wish to consider to help them evaluate STT as an investment opportunity.
State Street Corporation (NYSE:STT) Passed Our Checks, And It's About To Pay A US$0.69 DividendIt looks like State Street Corporation ( NYSE:STT ) is about to go ex-dividend in the next four days. The ex-dividend... |
There Is More Value In The Financial Sector Than Any Other SectorThanks to the great recession of 2008 and 2009, there is more value to be found in the financial sector than any other of the 11 sectors. |
UPDATE 2-US regulator looks at power utility ownership by top asset managersA member of the U.S. Federal Energy Regulatory Commission (FERC) called for scrutiny of top asset managers' ownership of power utilities, as the oversight body began a review. Critics have voiced concern about the growing share of corporate stocks held by passive investors, although FERC in May extended an authorization for big index funds to own utility shares. In a notice on its website the energy regulator said it had "launched an inquiry into whether and how to revise its policy on financial investment company ownership of electric utilities." |
Ken Griffin Is Making a Bet on Blink Charging (BLNK) StockBLNK stock is in the green after Ken Griffin's Citadel Advisors reported purchasing shares of the electric vehicle (EV) charging company. |
5 Investors Betting Big on Costco (COST) StockCOST stock is surging higher after the company reported its earnings and declared a $15 special cash dividend. |
STT Price Returns
1-mo | 6.18% |
3-mo | 0.72% |
6-mo | 17.55% |
1-year | 7.22% |
3-year | 0.53% |
5-year | 38.16% |
YTD | 0.72% |
2023 | 3.54% |
2022 | -13.75% |
2021 | 31.03% |
2020 | -4.76% |
2019 | 29.35% |
STT Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching STT
Here are a few links from around the web to help you further your research on State Street Corp's stock as an investment opportunity:State Street Corp (STT) Stock Price | Nasdaq
State Street Corp (STT) Stock Quote, History and News - Yahoo Finance
State Street Corp (STT) Stock Price and Basic Information | MarketWatch
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