Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

State Street Corp (STT-N) has received mixed reviews from experts. While one expert considers it a top pick due to its cheap valuation, strong dividend yield, and ongoing share buybacks, another expert highlights concerns about the company losing market share to Blackrock in ETFs. Share buybacks alone may not indicate a strong investment opportunity if the underlying business fundamentals are not sound. Overall, the stock seems to have strengths and weaknesses, and investors should consider both factors before making a decision.

Consensus
Mixed
Valuation
Fair Value
PAST TOP PICK
State Street Corp
(A Top Pick Nov 01/22, Down 2%)

Somewhat weaker earnings. Trades at 10x earnings, cheap. Dividend yield is 3.7%. Bought back shares, approval for more, will continue until the stock moves. A great, duopoly business.

investment companies / funds
DON'T BUY
State Street Corp

They bought back 13.2% of shares this year. That's good, but STT lost market share to Blackrock in ETFs and that's not good. The lesson: big share buybacks doesn't alone mean a stock is a buy. The underlying business has to be sound too.

investment companies / funds
TOP PICK
State Street Corp
Custodian for securities (lending institution). Oligopoly business - very large pension funds are major clients. Declining markets hard, but not worried about prospects going forward. Gaining market share with rising profits. 3% dividend yield is good for investors.
investment companies / funds
DON'T BUY
State Street Corp
One of the larger custodial banks and holds assets for pensions, profit sharing plans and mutual funds. The fee stream from this is probably very good and stable. Not sure the growth rate is very satisfactory to management, so started to get more aggressive and ended up hurting their reputation. Will have slow growth going forward.
investment companies / funds
WEAK BUY
State Street Corp
Stable income from custodial fees. Prefers insurance companies.
investment companies / funds
DON'T BUY
State Street Corp
Was a good stock, but too highly valued now.
investment companies / funds
BUY
State Street Corp
Good margins. A bull market will move this stock up dramatically.
investment companies / funds
BUY
State Street Corp
High quality. Long term good, but currently weak.
investment companies / funds
BUY ON WEAKNESS
State Street Corp
Prefers over US banks. Should grow 18/20%. Buy at $40/45 level.
investment companies / funds
BUY
State Street Corp
Bullet proof portfolio-large caps (40%)
investment companies / funds
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State Street Corp(STT-N) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for State Street Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

State Street Corp(STT-N) Frequently Asked Questions

What is State Street Corp stock symbol?

State Street Corp is a American stock, trading under the symbol STT-N on the New York Stock Exchange (STT). It is usually referred to as NYSE:STT or STT-N

Is State Street Corp a buy or a sell?

In the last year, 2 stock analysts published opinions about STT-N. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for State Street Corp.

Is State Street Corp a good investment or a top pick?

State Street Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for State Street Corp.

Why is State Street Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is State Street Corp worth watching?

2 stock analysts on Stockchase covered State Street Corp In the last year. It is a trending stock that is worth watching.

What is State Street Corp stock price?

On 2024-02-27, State Street Corp (STT-N) stock closed at a price of $73.48.