State Street Corp (NYSE: STT): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

STT belongs to the Financial sector of the NYSE while operating in the Asset Management industry. The current market capitalization of State Street Corp is $29.43B. A total of 2.01 million shares were traded on the day, compared to an average of 2.14M shares.

In the most recent transaction, Horgan Kathryn M sold 12,500 shares of STT for 97.97 per share on Nov 25 ’24. After the transaction, the Executive Vice President now owns 111,042 company shares. In a previous transaction on Nov 25 ’24, Fogarty Ann sold 1,500 shares at 97.97 per share. STT shares that Executive Vice President owns now total 51,042.

Among the insiders who bought shares, Fogarty Ann acquired of 1,500 shares on Nov 25 ’24 at a per-share price of $97.97. In another insider transaction, Horgan Kathryn M bought 12,500 shares at $98.02 per share on Nov 25 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. State Street Corp pays an annual dividend of $2.90, resulting in a dividend yield of 2.89%, and it has a price to earnings (P/E) ratio of 12.19. STT’s most recent ex-dividend date was 3.19% when it declared a $0.76 quarterly dividend that was paid in cash on 1/2/2025. Previously, the company paid the dividend on 10/1/2024 with an ex-dividend date of 3.6%. The STT stock dividend was $0.76 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, STT has a high of $101.91 and a low of $70.20.

As of this writing, STT has an earnings estimate of $1.99 per share for the current quarter. EPS was calculated based on a consensus of 12.0 estimates, with a high estimate of $2.24 per share and a lower estimate of $1.87.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. Its Book Value Per Share was $77.95, while its Total Shareholder’s Equity was $27.36B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for STT is Buy with a score of 3.94.

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