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State Street (STT) Competitors

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$98.20 +2.78 (+2.91%)
(As of 12/20/2024 05:31 PM 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 superior investment? We will compare the two companies based on the strength of their valuation, community ranking, risk, dividends, earnings, media sentiment, analyst recommendations, institutional ownership and profitability.

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 presently has a consensus target price of $81.00, indicating a potential upside of 4.35%. State Street has a consensus target price of $98.36, indicating a potential upside of 0.16%. Given Bank of New York Mellon's stronger consensus rating and higher probable upside, equities analysts plainly 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)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69
State Street
2 Sell rating(s)
5 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.36

In the previous week, State Street had 26 more articles in the media than Bank of New York Mellon. MarketBeat recorded 33 mentions for State Street and 7 mentions for Bank of New York Mellon. State Street's average media sentiment score of 0.79 beat Bank of New York Mellon's score of 0.68 indicating that State Street is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bank of New York Mellon
1 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
State Street
8 Very Positive mention(s)
9 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$17.72B3.19$3.29B$4.6016.87
State Street$12.55B2.29$1.94B$6.3315.51

Bank of New York Mellon received 219 more outperform votes than State Street when rated by MarketBeat users. Likewise, 66.69% 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
895
66.69%
Underperform Votes
447
33.31%
State StreetOutperform Votes
676
56.19%
Underperform Votes
527
43.81%

Bank of New York Mellon has a beta of 1.07, meaning that its stock price is 7% more volatile than the S&P 500. Comparatively, State Street has a beta of 1.44, meaning that its stock price is 44% more volatile than the S&P 500.

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 3.1%. 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 increased its dividend for 14 consecutive years and State Street has increased its dividend for 13 consecutive years.

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 company insiders. Comparatively, 0.3% of State Street shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Bank of New York Mellon beats State Street on 13 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$28.79B$3.10B$11.17B$19.18B
Dividend Yield3.19%3.56%9.79%3.60%
P/E Ratio15.5116.5627.9141.30
Price / Sales2.293.2939.1817.60
Price / Cash8.8511.2818.6021.28
Price / Book1.391.262.745.32
Net Income$1.94B$406.76M$1.04B$989.88M
7 Day Performance-2.25%-4.75%-2.88%-3.54%
1 Month Performance1.93%-4.99%-2.88%-3.68%
1 Year Performance27.52%14.26%11.49%12.14%

State Street Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
STT
State Street
4.7483 of 5 stars
$98.20
+2.9%
$98.36
+0.2%
+29.1%$28.79B$12.55B15.5146,000Dividend Announcement
Analyst Upgrade
Analyst Revision
News Coverage
High Trading Volume
BK
Bank of New York Mellon
4.7859 of 5 stars
$79.25
+0.5%
$81.00
+2.2%
+52.5%$57.62B$33.81B17.1453,400Positive News
AMP
Ameriprise Financial
4.8413 of 5 stars
$550.15
+0.1%
$487.67
-11.4%
+42.8%$53.37B$16.76B21.1013,800
TROW
T. Rowe Price Group
4.4798 of 5 stars
$119.56
+0.0%
$117.09
-2.1%
+9.6%$26.56B$6.46B13.087,906Analyst Upgrade
NTRS
Northern Trust
3.4529 of 5 stars
$105.52
+0.5%
$105.00
-0.5%
+23.3%$20.92B$7.88B13.0623,100Positive News
ARCC
Ares Capital
1.2555 of 5 stars
$21.57
-0.6%
$22.29
+3.3%
+9.4%$13.94B$1.76B8.342,550Positive News
BEN
Franklin Resources
4.4928 of 5 stars
$21.98
+0.0%
$20.66
-6.0%
-29.9%$11.51B$8.48B25.5510,200Analyst Forecast
Analyst Revision
SEIC
SEI Investments
4.605 of 5 stars
$85.91
+0.1%
$77.50
-9.8%
+30.1%$11.07B$2.05B20.735,089Analyst Forecast
Insider Trade
IVZ
Invesco
4.3946 of 5 stars
$18.18
+0.8%
$18.63
+2.4%
+1.5%$8.17B$5.89B-19.618,500Analyst Forecast
AMG
Affiliated Managers Group
4.3533 of 5 stars
$188.38
+1.0%
$196.50
+4.3%
+22.4%$5.69B$2.02B12.174,000Positive News
CNS
Cohen & Steers
3.7341 of 5 stars
$100.15
+1.1%
$106.50
+6.3%
+27.2%$5.06B$515.43M36.96390

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This page (NYSE:STT) was last updated on 12/21/2024 by MarketBeat.com Staff
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