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State Street Corp (STT-N)
NYSE:STT
100.46
0.15
(0.15%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
According to the experts, State Street Corp (STT-N) is a stable business with a strong position in the financial services category, despite being primarily a custodian of security transactions. Recent weaknesses in the market have created a buying opportunity, and the company is expected to have a large dividend payout soon. The stock trades at a low multiple of earnings and offers a high dividend yield, making it a potentially attractive investment.
$73.720
Owned
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.
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State Street Corp(STT-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
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, 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.
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?
1 stock analyst 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 2024-12-13, State Street Corp (STT-N) stock closed at a price of $100.46.
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.