This summary was created by AI, based on 1 opinions in the last 12 months.
State Street Corp (STT-N) stands out in the financial services sector, particularly recognized for its role as a custodian of security transactions. This positioning provides the company with a stable business model, and it has shown consistent growth in both margins and profits. Despite a recent market setback following the Silicon Valley collapse, many experts see this as a prime buying opportunity given State Street's solid fundamentals. Additionally, the company's recent pass in the US 'Fed Test' indicates a significant amount of excess capital, suggesting financial robustness. Anticipation is building for a large dividend payout, further signaling the company's health and investor confidence.
Financial services category, but in reality is a "custodian" of security transactions. Very stable business with lots of opportunity. Margins and profits continue to rise. Weakness after Silicon Valley collapse has created buying opportunity. Recent inclusion in US "Fed Test" indicated large amount of excess capital. Expecting large divided payout soon.
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.
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.
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
In the last year, 1 stock analyst published opinions about STT-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for State Street Corp.
State Street Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for State Street Corp.
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.
1 stock analyst on Stockchase covered State Street Corp In the last year. It is a trending stock that is worth watching.
On 2025-03-07, State Street Corp (STT-N) stock closed at a price of $89.65.
Recent huge acquisition in Japan. Huge economies of scale. Steady grower. Fees come down or rebound along with markets. Still very cheap. Very well-capitalized balance sheet.