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State Street Corp (STT-N)
NYSE:STT
73.80
0.76
(1.04%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
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 different experts. While some acknowledge its somewhat weaker earnings and loss of market share to Blackrock in ETFs, others highlight the company's cheap valuation at 10x earnings, high dividend yield of 3.7%, and aggressive share buyback program. The underlying business is described as a great duopoly business, but the lesson is that big share buybacks alone do not make a stock a buy. Overall, the reviews suggest a complex picture of State Street Corp's performance and prospects.
$72.840
Owned
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 : 3 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 2
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 2024-04-19, State Street Corp (STT-N) stock closed at a price of $73.8.
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.