State Street Corp. (STT): Price and Financial Metrics

State Street Corp. (STT): $73.73

0.36 (+0.49%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

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Industry: Asset Management

Industry

C

Ranked

#30 of 51

in industry

STT Price/Volume Stats

Current price $73.73 52-week high $91.15
Prev. close $73.37 52-week low $62.78
Day low $73.27 Volume 3,479,700
Day high $74.27 Avg. volume 2,231,329
50-day MA $74.87 Dividend yield 3.79%
200-day MA $71.14 Market Cap 22.26B

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%.
Over the past 52 months, STT's revenue has gone up $3.06e+08.

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)


STT Latest News Stream


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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 Dividend

It looks like State Street Corporation ( NYSE:STT ) is about to go ex-dividend in the next four days. The ex-dividend...

Yahoo | December 24, 2023

There Is More Value In The Financial Sector Than Any Other Sector

Thanks 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.

TalkMarkets.com | December 22, 2023

UPDATE 2-US regulator looks at power utility ownership by top asset managers

A 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."

Yahoo | December 19, 2023

Ken Griffin Is Making a Bet on Blink Charging (BLNK) Stock

BLNK stock is in the green after Ken Griffin's Citadel Advisors reported purchasing shares of the electric vehicle (EV) charging company.

Eddie Pan on InvestorPlace | December 18, 2023

5 Investors Betting Big on Costco (COST) Stock

COST stock is surging higher after the company reported its earnings and declared a $15 special cash dividend.

Eddie Pan on InvestorPlace | December 15, 2023

Read More 'STT' Stories Here

STT Price Returns

1-mo -0.19%
3-mo 0.63%
6-mo 7.59%
1-year -13.88%
3-year 5.23%
5-year 18.87%
YTD -4.82%
2023 3.54%
2022 -13.75%
2021 31.03%
2020 -4.76%
2019 29.35%

STT Dividends

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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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