State Street Corp (STT)

STT (NYSE:Financial Services) EQUITY
$60.02
neg -1.04
-1.70%
Today's Range: 59.49 - 60.88 | STT Avg Daily Volume: 3,095,700
Last Update: 05/04/16 - 4:02 PM EDT
Volume: 3,214,854
YTD Performance: -7.99%
Open: $60.40
Previous Close: $61.06
52 Week Range: $50.73 - $81.26
Oustanding Shares: 400,017,186
Market Cap: 25,165,081,171
6-Month Chart
TheStreet Ratings Grade for STT
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 5 5 5 5
Moderate Buy 0 0 0 0
Hold 7 6 8 8
Moderate Sell 3 3 2 2
Strong Sell 0 0 0 0
Mean Rec. 2.51 2.48 2.45 2.45
Latest Dividend: 0.34
Latest Dividend Yield: 2.16%
Dividend Ex-Date: 03/30/16
Price Earnings Ratio: 14.20
Price Earnings Comparisons:
STT Sector Avg. S&P 500
14.20 14.10 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
13.54% -21.37% 2.71%
GROWTH 12 Mo 3 Yr CAGR
Revenue 3.60 0.10 0.02
Net Income -5.20 0.00 -0.01
EPS -4.70 0.10 0.02
Earnings for STT:
EBITDA 0.00B
Revenue 10.76B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $1.25 $1.23 $4.77 $5.41
Number of Analysts 8 7 10 9
High Estimate $1.29 $1.29 $4.97 $5.65
Low Estimate $1.20 $1.19 $4.60 $5.23
Prior Year $1.37 $1.16 $4.89 $4.77
Growth Rate (Year over Year) -8.67% 5.91% -2.41% 13.39%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
The company has been shrinking its GE Capital financial arm.
Further winding down GE Capital should allow CEO Jeff Immelt more freedom to achieve his goals for global industrial expansion.
U.S. futures are looking to continue yesterday's rally; Boeing announces job cuts. 
Banks are high-beta and rate-sensitive. The 10-year Treasury yield is down by around another seven basis points this morning and back to year-to-date lows.  The yield curve is also flattening. There are continued energy-spillover fears following the energy comments yesterday from JPM. Oil is down again (some 3% at last check).  There are also capital-markets concerns following JPM's comments yesterday about how its investment banking is -25% year over year and trading is -20%. Today's weak Markit Services PMI reading is weighing on mar
Bullish
Jan 07, 2016 | 7:37 AM EST
STT was upgraded from Underweight to Neutral, JP Morgan said. Company has improved its liquidity and is keeping a tight lid on costs.&n...
"We now consider the likelihood that the U.S. government would provide extraordinary support to its banking system to be 'uncertain' and are removing the uplift based on government support from our ratings."
Fed rate hike would be a boon for banks, and here are some good ones.
With concerns about money management and preservation of capital, stay far away from these four financials.
This puts Citigroup ahead of other U.S.-based banks.
But they all have one big thing in common.

Columnist Conversations

http://livestream.com/milkeninstitute/events/5273360 Interesting panel on media now.
Greenlight's Einhorn targets Caterpillar as a short. And I agree.
Tesla estimates that capital spending will be about 50% higher than expectations. Could this result in a bond/...
Will a TSLA financing be announced coincident with EPS tonite? Stay tuned!

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.