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NASDAQ:STEP

StepStone Group (STEP) Stock Price, News & Analysis

$49.49
+1.10 (+2.27%)
(As of 07/26/2024 ET)
Today's Range
$48.78
$50.00
50-Day Range
$37.19
$49.49
52-Week Range
$25.06
$50.26
Volume
382,676 shs
Average Volume
542,620 shs
Market Capitalization
$5.48 billion
P/E Ratio
54.99
Dividend Yield
1.70%
Price Target
$40.19

StepStone Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
18.8% Downside
$40.19 Price Target
Short Interest
Healthy
2.77% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.61mentions of StepStone Group in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$1.22 M Sold Last Quarter
Proj. Earnings Growth
22.49%
From $1.69 to $2.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.39 out of 5 stars

Finance Sector

392nd out of 898 stocks

Investment Advice Industry

28th out of 49 stocks

STEP stock logo

About StepStone Group Stock (NASDAQ:STEP)

StepStone Group LP. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, private equity and buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. It typically invests between $15 million and $200 million in firms with enterprise value between $150 million and $25000 million. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. StepStone Group LP. was founded in 2007 and is based in LA Jolla, California with additional offices across North America, South America, Europe, Australia, Asia, New York, New York.

STEP Stock Price History

STEP Stock News Headlines

Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Nvidia’s Quiet $1 Trillion Pivot
Nvidia recently added $277 billion in market cap … IN ONE DAY.
Stepstone Group Inc (STEP)
See More Headlines
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Company Calendar

Last Earnings
5/23/2024
Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
Trading
Current Symbol
NASDAQ:STEP
Fax
N/A
Employees
790
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$40.19
High Stock Price Target
$49.00
Low Stock Price Target
$5.50
Potential Upside/Downside
-18.8%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$58.09 million
Pretax Margin
27.46%

Debt

Sales & Book Value

Annual Sales
$711.63 million
Cash Flow
$1.85 per share
Book Value
$14.95 per share

Miscellaneous

Free Float
88,639,000
Market Cap
$5.48 billion
Optionable
Not Optionable
Beta
1.27
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STEP Stock Analysis - Frequently Asked Questions

How have STEP shares performed this year?

StepStone Group's stock was trading at $31.83 at the beginning of the year. Since then, STEP stock has increased by 55.5% and is now trading at $49.49.
View the best growth stocks for 2024 here
.

How were StepStone Group's earnings last quarter?

StepStone Group LP (NASDAQ:STEP) released its quarterly earnings data on Thursday, May, 23rd. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.05. StepStone Group's revenue for the quarter was up 16.0% on a year-over-year basis.

When did StepStone Group IPO?

StepStone Group (STEP) raised $280 million in an IPO on Wednesday, September 16th 2020. The company issued 17,500,000 shares at $15.00-$17.00 per share. JPMorgan, Goldman Sachs, Morgan Stanley, Barclays and UBS Investment Bank acted as the underwriters for the IPO.

Who are StepStone Group's major shareholders?

Top institutional investors of StepStone Group include Bank of New York Mellon Corp (1.01%), Louisiana State Employees Retirement System (0.02%), Harbor Capital Advisors Inc. (0.01%) and SG Americas Securities LLC. Insiders that own company stock include James Lim, Thomas Keck, Michael I Mccabe, Jason P Ment, David F Hoffmeister, David Y Park, Steven R Mitchell, Anthony Keathley, Arg Private Equity, Llc, Scott W Hart, Robert Waldo and Johnny D Randel.
View institutional ownership trends
.

How do I buy shares of StepStone Group?

Shares of STEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:STEP) was last updated on 7/26/2024 by MarketBeat.com Staff

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