Take off with State Street Corp. (STT): Get ready for trading

With 2.08 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.24 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $85.34 whereas the lowest price it dropped to was $82.92. The 52-week range on STT shows that it touched its highest point at $86.24 and its lowest point at $62.78 during that stretch. It currently has a 1-year price target of $90.03. With its current market cap of 25.40 billion, STT has annualized dividend of $2.76 while the current yield stands at 3.25%. Beta for the stock currently stands at 1.50.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of STT was up-trending over the past week, with a rise of 0.66%, but this was up by 16.96% over a month. Three-month performance surged to 14.27% while six-month performance rose 14.96%. The stock gained 20.02% in the past year, while it has gained 9.59% so far this year. A look at the trailing 12-month EPS for STT yields 5.32 with Next year EPS estimates of 8.98. For the next quarter, that number is 2.13. This implies an EPS growth rate of 5.77% for this year and 10.80% for next year. EPS is expected to grow by 7.91% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.67%.

Float and Shares Shorts:

At present, 301.94 million STT shares are outstanding with a float of 297.57 million shares on hand for trading. On 2024-07-15, short shares totaled 3.22 million, which was 106.99999999999999 higher than short shares on 1718323200. In addition to Mr. Ronald Philip O’Hanley as the firm’s CEO, President & Chairman, Mr. Eric Walter Aboaf serves as its CFO & Vice Chairman.

Institutional Ownership:

Through their ownership of 0.91791 of STT’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for STT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.