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State Street (STT) Competitors

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$95.30 +0.59 (+0.62%)
(As of 11/20/2024 ET)

STT vs. BK, AMP, TROW, NTRS, ARCC, BEN, SEIC, IVZ, AMG, and CNS

Should you be buying State Street stock or one of its competitors? The main competitors of State Street include Bank of New York Mellon (BK), Ameriprise Financial (AMP), T. Rowe Price Group (TROW), Northern Trust (NTRS), Ares Capital (ARCC), Franklin Resources (BEN), SEI Investments (SEIC), Invesco (IVZ), Affiliated Managers Group (AMG), and Cohen & Steers (CNS). These companies are all part of the "asset management & custody banks" industry.

State Street vs.

Bank of New York Mellon (NYSE:BK) and State Street (NYSE:STT) are both large-cap finance companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, community ranking, media sentiment, institutional ownership, valuation, dividends, risk, analyst recommendations and earnings.

Bank of New York Mellon received 220 more outperform votes than State Street when rated by MarketBeat users. Likewise, 66.72% of users gave Bank of New York Mellon an outperform vote while only 56.19% of users gave State Street an outperform vote.

CompanyUnderperformOutperform
Bank of New York MellonOutperform Votes
892
66.72%
Underperform Votes
445
33.28%
State StreetOutperform Votes
672
56.19%
Underperform Votes
524
43.81%

Bank of New York Mellon pays an annual dividend of $1.88 per share and has a dividend yield of 2.4%. State Street pays an annual dividend of $3.04 per share and has a dividend yield of 3.2%. Bank of New York Mellon pays out 40.9% of its earnings in the form of a dividend. State Street pays out 48.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Bank of New York Mellon has raised its dividend for 14 consecutive years and State Street has raised its dividend for 13 consecutive years.

In the previous week, State Street had 2 more articles in the media than Bank of New York Mellon. MarketBeat recorded 27 mentions for State Street and 25 mentions for Bank of New York Mellon. Bank of New York Mellon's average media sentiment score of 1.21 beat State Street's score of 0.76 indicating that Bank of New York Mellon is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of New York Mellon
17 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
State Street
8 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

85.3% of Bank of New York Mellon shares are owned by institutional investors. Comparatively, 87.4% of State Street shares are owned by institutional investors. 0.1% of Bank of New York Mellon shares are owned by insiders. Comparatively, 0.3% of State Street shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Bank of New York Mellon has higher revenue and earnings than State Street. State Street is trading at a lower price-to-earnings ratio than Bank of New York Mellon, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bank of New York Mellon$33.81B1.67$3.29B$4.6016.93
State Street$18.37B1.52$1.94B$6.3315.06

Bank of New York Mellon presently has a consensus price target of $77.23, indicating a potential downside of 0.81%. State Street has a consensus price target of $92.11, indicating a potential downside of 3.35%. Given Bank of New York Mellon's stronger consensus rating and higher probable upside, analysts clearly believe Bank of New York Mellon is more favorable than State Street.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bank of New York Mellon
0 Sell rating(s)
5 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.62
State Street
2 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.23

State Street has a net margin of 9.87% compared to Bank of New York Mellon's net margin of 9.44%. Bank of New York Mellon's return on equity of 12.06% beat State Street's return on equity.

Company Net Margins Return on Equity Return on Assets
Bank of New York Mellon9.44% 12.06% 1.05%
State Street 9.87%12.02%0.82%

Bank of New York Mellon has a beta of 1.07, suggesting that its stock price is 7% more volatile than the S&P 500. Comparatively, State Street has a beta of 1.46, suggesting that its stock price is 46% more volatile than the S&P 500.

Summary

Bank of New York Mellon beats State Street on 14 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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STT vs. The Competition

MetricState StreetState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$27.94B$3.16B$10.55B$19.89B
Dividend Yield3.18%3.50%10.16%3.54%
P/E Ratio15.0617.3549.2442.83
Price / Sales1.522.803,468.3818.13
Price / Cash8.4111.1530.4517.86
Price / Book1.351.322.765.52
Net Income$1.94B$405.80M$995.76M$986.45M
7 Day Performance0.14%-1.21%-0.34%-0.22%
1 Month Performance4.23%6.09%1.82%0.12%
1 Year Performance36.20%33.93%23.78%23.71%

State Street Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STT
State Street
4.7939 of 5 stars
$95.30
+0.6%
$92.11
-3.4%
+36.2%$27.76B$18.37B15.0646,000Analyst Downgrade
BK
Bank of New York Mellon
4.9331 of 5 stars
$77.86
+0.3%
$77.23
-0.8%
+65.2%$56.61B$33.81B16.9353,400Analyst Upgrade
Positive News
AMP
Ameriprise Financial
4.9071 of 5 stars
$561.40
-0.2%
$487.67
-13.1%
+60.7%$54.46B$16.76B21.5513,800
TROW
T. Rowe Price Group
4.7351 of 5 stars
$117.52
-0.4%
$115.55
-1.7%
+18.9%$26.20B$6.46B12.867,906Positive News
NTRS
Northern Trust
3.8489 of 5 stars
$107.88
+0.0%
$100.67
-6.7%
+42.2%$21.38B$7.88B13.4223,100Positive News
ARCC
Ares Capital
1.3418 of 5 stars
$21.79
-0.2%
$21.86
+0.3%
+10.4%$14.08B$2.61B8.382,550Options Volume
Positive News
BEN
Franklin Resources
4.611 of 5 stars
$21.64
+0.7%
$20.20
-6.6%
-10.6%$11.33B$8.48B25.1610,200
SEIC
SEI Investments
4.5129 of 5 stars
$79.91
+0.6%
$77.50
-3.0%
+37.1%$10.24B$1.92B19.305,089
IVZ
Invesco
4.3841 of 5 stars
$17.41
+0.8%
$18.63
+7.0%
+24.7%$7.82B$5.72B-18.928,500
AMG
Affiliated Managers Group
4.4698 of 5 stars
$185.38
+1.2%
$196.50
+6.0%
+38.0%$5.53B$2.02B12.094,000Positive News
CNS
Cohen & Steers
3.6841 of 5 stars
$99.65
-0.3%
$106.50
+6.9%
+72.3%$5.06B$515.43M37.18390Ex-Dividend
Positive News

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This page (NYSE:STT) was last updated on 11/21/2024 by MarketBeat.com Staff
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