STT:NYE-State Street Corporation (USD)

COMMON STOCK | Asset Management | NYE

Last Closing Price

USD 62.13

Change

-1.42 (-2.23)%

Market Cap

USD 21.69B

Volume

1.83M

Average Target Price

USD 69.60 (+12.02%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. It offers investment servicing products and services, including custody; product and participant level accounting; daily pricing and administration; master trust and master custody; depotbank services; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; performance, risk, and compliance analytics; and financial data management to support institutional investors. The company also engages in the investment servicing line of business, such as portfolio modeling and construction; trade order management; investment risk and compliance; and wealth management solutions. In addition, it provides investment management strategies and products, such as core and enhanced indexing, multi-asset strategies, active quantitative and fundamental active capabilities, and alternative investment strategies. Further, the company offers services and solutions, including environmental, social, and governance investing; defined benefit and defined contribution; and outsourced chief investment officer, as well as exchange-traded fund under the SPDR ETF brand. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-07-01 )

Largest Industry Peers for Asset Management

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
BLK BlackRock, Inc

+0.23 (+0.04%)

USD81.66B 20.59 15.12
BAM Brookfield Asset Management In..

-0.40 (-1.22%)

USD51.78B 44.23 10.79
BK-PC The Bank of New York Mellon Co..

+0.10 (+0.40%)

USD40.90B 5.38 N/A
BX The Blackstone Group Inc

-0.52 (-0.92%)

USD38.32B 76.77 N/A
BK The Bank of New York Mellon Co..

-1.06 (-2.74%)

USD32.97B 8.36 N/A
KKR KKR & Co. Inc

-0.03 (-0.10%)

USD26.39B 7.35 7.38
STT-PG State Street Corporation

+0.24 (+0.92%)

USD20.45B 4.56 N/A
STT-PD State Street Corporation

+0.16 (+0.61%)

USD20.28B 4.52 N/A
AMP Ameriprise Financial, Inc

-4.21 (-2.81%)

USD17.49B 5.58 N/A
APO-PA Apollo Global Management, Inc

+0.15 (+0.58%)

USD13.44B 6.36 N/A

ETFs Containing STT

Symbol Name Weight Mer Price(Change) Market Cap
TETF ETF Industry Exposure & F.. 4.59 % 0.64 %

N/A

USD6.25M
KBWB Invesco KBW Bank ETF 4.36 % 0.35 %

-0.97 (-2.54%)

USD0.41B
CZA Invesco Zacks Mid-Cap ETF 2.09 % 0.76 %

-0.40 (-0.65%)

USD0.23B
IMFC Invesco Multi-Factor Core.. 0.00 % 0.12 %

N/A

USD0.03B
EQRR ProShares Equities for Ri.. 0.00 % 0.35 %

-0.47 (-1.60%)

USD1.16M
SUSB iShares ESG 1-5 Year USD .. 0.00 % 0.12 %

+0.01 (+0.04%)

USD0.29B

Market Performance

  Market Performance vs.
Industry/Classification (Asset Management)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -21.45% 24% F 34% F
Dividend Return 1.31% 10% F 57% F
Total Return -20.14% 19% F 34% F
Trailing 12 Months  
Capital Gain 11.30% 96% A 86% B
Dividend Return 3.73% 28% F 72% C-
Total Return 15.03% 95% A 87% B+
Trailing 5 Years  
Capital Gain -19.32% 34% F 37% F
Dividend Return 11.06% 3% F 43% F
Total Return -8.26% 12% F 33% F
Average Annual (5 Year Horizon)  
Capital Gain 3.62% 69% D+ 44% F
Dividend Return 2.21% 5% F 46% F
Total Return 5.84% 20% F 37% F
Risk Return Profile  
Volatility (Standard Deviation) 29.30% 4% F 19% F
Risk Adjusted Return 19.91% 12% F 27% F
Market Capitalization 21.69B 99% A+ 91% A-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Asset Management)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.89 40% F 69% D+
Price/Book Ratio 1.04 12% F 58% F
Price / Cash Flow Ratio 3.81 72% C- 59% F
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 9.69% 43% F 61% D-
Return on Invested Capital 5.87% 64% D 49% F
Return on Assets 0.80% 18% F 25% F
Debt to Equity Ratio 50.64% 49% F 62% D-
Technical Ratios  
Short Ratio 1.74 10% F 51% F
Short Percent 1.31% 23% F 82% B-
Beta 1.54 6% F 24% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector