STT - State Street Corporation

NYSE - NYSE Delayed Price. Currency in USD
58.97
+0.33 (+0.56%)
At close: 4:04PM EDT

58.97 0.00 (0.00%)
After hours: 4:52PM EDT

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Trade prices are not sourced from all markets
Previous Close58.64
Open58.86
Bid58.48 x 800
Ask59.62 x 1100
Day's Range58.73 - 59.26
52 Week Range57.87 - 101.35
Volume1,624,281
Avg. Volume2,116,787
Market Cap22.005B
Beta (3Y Monthly)1.62
PE Ratio (TTM)9.90
EPS (TTM)5.96
Earnings DateJul 18, 2019 - Jul 22, 2019
Forward Dividend & Yield1.88 (2.78%)
Ex-Dividend Date2019-06-28
1y Target Est76.68
  • Legg Mason (LM) to Lay Off 12% of Workforce to Reduce Costs
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    Legg Mason (LM) to Lay Off 12% of Workforce to Reduce Costs

    Legg Mason's (LM) cost-cutting steps are expected to complement its ongoing growth efforts.

  • As industry spends millions on lobbying, Congress moves on retirement legislation
    MarketWatchyesterday

    As industry spends millions on lobbying, Congress moves on retirement legislation

    The financial industry has engaged in significant lobbying on legislation that would revamp the U.S. retirement system, and it’s now sounding delighted about the bills that are making their way through Congress.

  • Why Is State Street (STT) Down 10% Since Last Earnings Report?
    Zacks2 days ago

    Why Is State Street (STT) Down 10% Since Last Earnings Report?

    State Street (STT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Business Wire4 days ago

    Charles River and Neptune Networks Announce Strategic Collaboration to Provide Fixed Income Inventory Data to Buy-side

    Charles River Development, a State Street Company, and Neptune Networks Ltd. , today announced a strategic collaboration that will provide buy-side clients of Charles River’s Order and Execution Management System with aggregated, real-time fixed income axes and inventory.

  • Financial Times4 days ago

    Sterling sinks ahead of European Parliament elections

    , along with a resurgent US dollar, battered the UK currency on Tuesday. Sterling sank to its lowest level since January against the dollar as investors feared that the UK government’s stance on the country’s exit from the EU could harden if pro-Leave MPs did well in the European elections, beginning on Thursday. “The emergence of the Brexit party changed the calculus,” said Paul Jackson, head of multi-asset research at Invesco.

  • Wayfair cracks Fortune 500 list, joins 15 other Mass. companies
    American City Business Journals8 days ago

    Wayfair cracks Fortune 500 list, joins 15 other Mass. companies

    Wayfair, the Boston-based online furniture retailer, joined the ranks of Massachusetts businesses with a spot on Fortune magazine’s list of 500 of the highest-grossing companies in the United States.

  • Business Wire9 days ago

    State Street Appoints Amelia Fawcett as Independent Lead Director

    State Street Corporation (STT) today announced that its Board of Directors has appointed Amelia Fawcett as independent Lead Director following its annual review of its governance structure. Fawcett most recently served on the Board’s Executive Compensation, Risk and Technology and Operations Committees and is a former Chair of the Risk Committee. “Amelia has brought rich experience and thoughtful insights across our Board’s discussions of corporate strategy, operations, risk management and governance.

  • Business Wire9 days ago

    State Street Corporation Declares Dividends on its Common Stock and Non-Cumulative Perpetual Preferred Stock Series “C,” “D,” “E,” “G,” and “H”

    State Street Corporation (STT) today announced a quarterly cash dividend of $0.47 per share of common stock, payable on July 16, 2019 to common shareholders of record at the close of business on July 1, 2019. The quarterly cash dividend is in the amount of $1,312.50 per share of Series C preferred stock (resulting in a distribution of approximately $0.3281 per depositary share) and is payable on June 18, 2019 to the holders of record of the Series C preferred stock at the close of business on May 31, 2019. The quarterly cash dividend is in the amount of $1,475.00 per share of Series D preferred stock (resulting in a distribution of approximately $0.3687 per depositary share) and is payable on June 18, 2019 to the holders of record of the Series D preferred stock at the close of business on May 31, 2019.

  • One of World's Biggest Funds Isn't Wooed by Market Sell-Off
    Bloomberg10 days ago

    One of World's Biggest Funds Isn't Wooed by Market Sell-Off

    One of the world’s biggest money managers says the stock market hasn’t slumped enough to make it purchase more equities. According to State Street Global Advisors, U.S. President Donald Trump’s latest tariff spat with China has spooked investors so much that they’re unlikely to buy stocks until a deal is reached. “Even though some people are saying this is a good opportunity to buy on dips, we’re not really seeing clients take advantage of that this month,” Altaf Kassam, the head of investment strategy and research for Europe, Middle East and Africa at State Street, which oversees $2.8 trillion, said in an interview in London.

  • Index Funds Don’t Hurt Consumers, But Monopolies Do
    Bloomberg11 days ago

    Index Funds Don’t Hurt Consumers, But Monopolies Do

    There’s no one to blame but the funds themselves: They charge investors a lot more for inferior performance, which goes a long way toward explaining the multitrillion-dollar shift in how Americans invest their money. This disruption has been driven largely by the recently deceased Jack Bogle and Vanguard Group, along with BlackRock Inc., State Street Corp. and others. My Bloomberg colleague Eric Balchunas has looked at the total cost savings of indexing, and calculated that the plunge in fees charged for investment-management services, otherwise known as the Vanguard effect(1) , has saved investors about $1 trillion in fees.

  • EXCLUSIVE: Martin Lipton Says Latest Steps by Big Institutions Align Well with “The New Paradigm”
    CorpGov.com11 days ago

    EXCLUSIVE: Martin Lipton Says Latest Steps by Big Institutions Align Well with “The New Paradigm”

    Martin Lipton, Founding Partner of Wachtell, Lipton, Rosen & Katz By John Jannarone The largest institutional asset managers including Vanguard, State Street, and BlackRock have taken recent steps that align well with the tenets of The New Paradigm, according Martin Lipton, Founding Partner of Wachtell, Lipton, Rosen & Katz. “All three have beefed up their […]

  • TheStreet.com16 days ago

    A Safe Haven Stock in a Turbulent Market

    Dicey environments cause traders to seek out less volatile stocks with good, if not home-run type, prospects. State Street is a custodial bank. Since 2011, State Street's EPS grew by about 62%, while annual dividends increased by over 161%.

  • Markit18 days ago

    See what the IHS Markit Score report has to say about State Street Corp.

    State Street Corp NYSE:STTView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is extremely low for STT with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting STT. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $3.26 billion over the last one-month into ETFs that hold STT are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • BlackRock Is Winning at Making Less Money From Junk ETFs
    Bloomberg21 days ago

    BlackRock Is Winning at Making Less Money From Junk ETFs

    The iShares Broad USD High Yield Corporate Bond ETF, ticker USHY, added a record $368 million Thursday, after discreetly slashing its fee in March. BlackRock’s move came after State Street Corp. lowered the price of one of its junk funds, and was followed by Deutsche Bank AG’s DWS Group two weeks later. USHY is the only one of the three funds -- which now all charge $1.50 for every $1,000 invested -- to add more than $50 million since the fee cuts, data compiled by Bloomberg show.

  • Investing.com23 days ago

    Dollar Holds Gains After Fed Signals Further Patience

    Investing.com -- The dollar was holding on to gains early Thursday in Europe after the Federal Reserve poured cold water on the idea of cutting interest rates any time soon.

  • Reuters25 days ago

    IMF's Lagarde expects U.S. and China to reach trade deal

    International Monetary Fund Managing Director Christine Lagarde said on Monday she expects the United States and China to reach a deal to end their trade dispute, which has unnerved financial markets and cast a shadow over the global economy. "I would say 'Yes,'" Lagarde said at the Milken Institute Global Conference when asked whether talks between the world's two largest economies would end in a deal. The talks are now at a critical point.

  • Benzinga25 days ago

    This China ETF Is Closing

    Last week was a rough one for Chinese stocks, as equities in the world's second-largest economy endured their worst week since October . To top it off, there was news of a coming closure of a U.S.-listed ...

  • Business Wire26 days ago

    State Street Global Advisors Launches New Initiative to Educate Investors on the Potential Benefits of ETF Liquidity

    State Street Global Advisors, the asset management business of State Street Corporation (STT) and creator of the world’s first ETFs,1 today launched a new initiative aimed at educating investors about the importance of ETF liquidity. “We want investors to understand that liquidity attributes can have a significant impact on the total cost of ownership, even though expense ratio is frequently emphasized,” said Sue Thompson, head of SPDR® Americas Distribution for State Street Global Advisors. “As a leader in ETF liquidity, our strategy is to help investors make more informed investment decisions based on our deep expertise,” said Stephen Tisdalle, chief marketing officer of State Street Global Advisors.

  • Business Wire28 days ago

    State Street Global Advisors Announces Planned Change to SPDR® ETF Lineup

    State Street Global Advisors, the asset management business of State Street Corporation (STT), today announced plans to close and liquidate the SPDR® MSCI China A Shares IMI ETF (XINA) based on an ongoing review of the SPDR® ETF offering and listening to client feedback. SPDR® ETFs are a comprehensive family spanning an array of international and domestic asset classes. SPDR® ETFs are managed by SSGA Funds Management, Inc., a registered investment adviser and wholly owned subsidiary of State Street Corporation.

  • China's Big Earnings Showdown Looms as Stocks Begin to Sink
    Bloomberg29 days ago

    China's Big Earnings Showdown Looms as Stocks Begin to Sink

    With some of the nation’s largest companies scheduled to report earnings, investors will be looking for evidence that an improving corporate sector will support valuations at a time when the government is paring back stimulus. A stronger dollar is the latest headwind, while the memory of a flood of profit warnings in January may be spurring some profit taking before the earnings data. Firms making up more than two-thirds of China’s $7.2 trillion equity market are yet to release results before this season’s deadline on April 30, data compiled by Bloomberg show.

  • Top Four Shareholders of Berkshire Hathaway
    Investopedialast month

    Top Four Shareholders of Berkshire Hathaway

    Berkshire Hathaway (BRK.A, BRK.B) is a multibillion-dollar holding company led by Warren Buffett. Bolstered by its insurance businesses, including GEICO, the company has created room to invest in other industries such as railroads, clothing, and jewelry. Berkshire Hathaway shareholders have been rewarded heavily throughout the company's history, with shares consistently trading at over $300,000. In July 2018, Berkshire Hathaway reported it granted top employees more flexibility to spend cash by repurchasing shares.

  • Thomson Reuters StreetEventslast month

    Edited Transcript of STT earnings conference call or presentation 23-Apr-19 12:30pm GMT

    Q1 2019 State Street Corp Earnings Call