What Can State Street Corporation (STT) Tell Us About Its Growth?

Erickson Andrew, Executive Vice President, subtracted 133 shares of State Street Corporation (STT) from its portfolio at the rate of $61.99 per share valuing $8,245 on May 16. The insider left behind 39,365 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of State Street Corporation (STT) was $55.03. Currently, the 1st Resistance Point for this stock is $55.59, with a 2nd Resistance Point sitting at $56.16. Meanwhile, this company’s stock has a 1st Support Level at $54.62 and a 2nd Support Level at $54.22. State Street Corporation (STT) stock has lost -$1.19, or -2.12%, in the past five days. In the last full month, these shares have lost -$8.15, or -12.90%. In the past three months, this stock’s price has fallen by -$14.82, or -21.22%. This year-to-date, State Street Corporation (STT) shares have lost -$8.04, or -12.75%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For State Street Corporation (STT) stock, 80% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Sell .”

With 373,164 K shares outstanding, this company currently has a market capitalization of $20,482,972K. State Street Corporation (STT) generates $12,973 M in annual sales, amounting to annual net income of $2,599 M. This stock has generated a 1-Year Total Return of -44.05%, a 3-Year Total Return of -5.02%, and a 5-year Total Return of -18.83%. This stock’s 5-Year Dividend Growth is 71.15%, with its most recent dividend valued at $0.470 per share on 03/29/19. Its Annual Dividend Yield is 3.41%, and its Annual Dividend Rate is 1.88.

In the most recently-reported fiscal quarter, which ended in Mar-19, State Street Corporation (STT) reported earnings of $1.24 per share. Wall Street analysts, on average, were expecting the company to report earnings of $1.19 per share, representing a 0.05 difference and 3.78% surprise. In the previous quarter ending in Dec-18, the reported earnings of $1.68 represented a 0.01 difference from the consensus estimate calling for $1.67 per share, which was a 0.73% surprise.

For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $1.58 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was $1.67 and the low estimate was $1.52. In the year-ago quarter, State Street Corporation (STT) generated per-share earnings of $2.05. If the analysts are correct about the current quarter’s earnings, the growth will be -22.93% .

Turning our focus now to insider trading activity, there have been 12 purchases (38,595 shares in total) and 12 sale (56,089 shares in total) in the last 3 months. In the last 6 months, there have been 36 insider buys amounting to 536,142 shares and 44 insider sales amounting to 342,710 shares. In the past full year, 38 insider purchases were made (involving 537,382 shares) and 72 insider sell-offs equivalent to 419,658 shares.

Moving onto liquidity, State Street Corporation (STT) has a Current Ratio of 0.62. Looking at this company’s capital structure, its Total Debt to Total Equity is 61.59, its Total Debt to Total Capital is 38.11, and its Total Debt to Total Assets is now 6.24. Looking even further ahead into the future, its Long-Term Debt to Equity is 49.50 and its Long-Term Debt to Total Capital is 26.07.