State Stock Today

STT
 Stock
  

USD 73.52  3.54  4.59%   

Market Performance
6 of 100
Odds Of Distress
Less than 45
State Street is selling for under 73.52 as of the 28th of November 2022; that is -4.59 percent down since the beginning of the trading day. The stock's last reported lowest price was 73.26. State Street has 45 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for State Street Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of January 2021 and ending today, the 28th of November 2022. Click here to learn more.
CUSIP
857473102
Fiscal Year End
December
Business Domain
Diversified Financials
IPO Date
9th of July 1986
Category
Financial Services
Classification
Financials
State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts. State Street operates under Asset Management classification in the United States and is traded on New York Stock Exchange. The company has 365.63 M outstanding shares of which 2.41 M shares are at this time shorted by investors with about 1.19 days to cover. More on State Street Corp

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+0.71CCitigroup Fiscal Year End 13th of January 2023 PairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

State Street Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. State Street's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding State Street or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
State Street Corp has a frail financial position based on the latest SEC disclosures
Over 91.0% of the company shares are owned by institutional investors
On 13th of October 2022 State Street paid $ 0.63 per share dividend to its current shareholders
Latest headline from news.google.com: Analysts Give Endeavor Group Holdings, Inc. a Consensus Rating of Buy - Best Stocks
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, State Street's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to State Street's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOCyrus Taraporevala
Thematic Ideas
(view all).
Average Analyst Recommendation
Analysts covering State Street report their recommendations after researching State Street's financial statements, talking to executives and customers, or listening in on State Street's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering State Street Corp. The State consensus assessment is calculated by taking the average forecast from all of the analysts covering State Street.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of State Street Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of State Street Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted430.5 M358 M
Fairly Up
Decreasing
Slightly volatile
Weighted Average Shares424.6 M352.6 M
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets0.980.8558
Fairly Up
Decreasing
Very volatile
Net Cash Flow from Operations(6.9 B)(6.7 B)
Fairly Down
Decreasing
Stable
Total Liabilities245.8 B287.3 B
Fairly Down
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Total Debt25.7 B20 B
Significantly Up
Decreasing
Stable
Asset Turnover0.04750.0382
Fairly Up
Decreasing
Slightly volatile
Total Assets269.6 B314.6 B
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of State Street's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
State Street Corp (STT) is traded on New York Stock Exchange in USA and employs 41,000 people. The company currently falls under 'Large-Cap' category with total capitalization of 28.17 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate State Street's market, we take the total number of its shares issued and multiply it by State Street's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. State Street Corp runs under Financial Services sector within Asset Management industry. The entity has 365.63 M outstanding shares of which 2.41 M shares are at this time shorted by investors with about 1.19 days to cover. State Street Corp has about 103.94 B in cash with 9.14 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 282.47.
Check State Street Probability Of Bankruptcy
Ownership
State Street Corp shows a total of three hundred sixty-five million six hundred thirty thousand outstanding shares. The majority of State Street Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in State Street to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in State Street Corp. Please pay attention to any change in the institutional holdings of State Street Corp as this could imply that something significant has changed or about to change at the company. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check State Ownership Details

State Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of State Street jumping above the current price in 90 days from now is about 24.77%. The State Street Corp probability density function shows the probability of State Street stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4064. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, State Street will likely underperform. Additionally, the company has an alpha of 0.0809, implying that it can generate a 0.0809 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 73.52HorizonTargetOdds Above 73.52
75.10%90 days
 73.52 
24.77%
Based on a normal probability distribution, the odds of State Street to move above the current price in 90 days from now is about 24.77 (This State Street Corp probability density function shows the probability of State Stock to fall within a particular range of prices over 90 days) .

State Stock Institutional Holders

Institutional Holdings refers to the ownership stake in State Street that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of State Street's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing State Street's value.
InstituionSecurity TypeTotal SharesValue
Zweigdimenna Associates LlcCommon Shares98.6 K9.8 M
Zweigdimenna Associates LlcCommon Shares4.8 K459 K
View State Street Diagnostics

State Street Historical Income Statement

State Street Corp Income Statement is one of the three primary financial statements used for reporting State's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of State Street Corp revenue and expense. State Street Income Statement primarily focuses on the company's revenues and expenses during a particular period.
State Street Net Income to Non Controlling Interests is comparatively stable at the moment as compared to the past year. State Street reported Net Income to Non Controlling Interests of 157.5 Million in 2021. Weighted Average Shares is likely to gain to about 424.6 M in 2022, whereas Gross Profit is likely to drop slightly above 8.2 B in 2022. View More Fundamentals

State Stock Against Markets

Picking the right benchmark for State Street stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in State Street stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for State Street is critical whether you are bullish or bearish towards State Street Corp at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in State Street without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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State Street Corporate Directors

State Street corporate directors refer to members of a State Street board of directors. The board of directors generally takes responsibility for the State Street's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of State Street's board members must vote for the resolution. The State Street board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
William Freda - Independent DirectorProfile
Sean OSullivan - Independent DirectorProfile
Ronald Skates - Independent DirectorProfile
William Meaney - Independent DirectorProfile

Invested in State Street Corp?

The danger of trading State Street Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of State Street is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than State Street. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile State Street Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at World Market Map. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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When running State Street Corp price analysis, check to measure State Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy State Street is operating at the current time. Most of State Street's value examination focuses on studying past and present price action to predict the probability of State Street's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move State Street's price. Additionally, you may evaluate how the addition of State Street to your portfolios can decrease your overall portfolio volatility.
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Is State Street's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of State Street. If investors know State will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about State Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.08) 
Market Capitalization
28.3 B
Quarterly Revenue Growth YOY
(0.011) 
Return On Assets
0.0087
Return On Equity
0.1
The market value of State Street Corp is measured differently than its book value, which is the value of State that is recorded on the company's balance sheet. Investors also form their own opinion of State Street's value that differs from its market value or its book value, called intrinsic value, which is State Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because State Street's market value can be influenced by many factors that don't directly affect State Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between State Street's value and its price as these two are different measures arrived at by different means. Investors typically determine State Street value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, State Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.