S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
Carmax Returns to the Bargain Basement: Buy the Dip? 
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
Carmax Returns to the Bargain Basement: Buy the Dip? 
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
Carmax Returns to the Bargain Basement: Buy the Dip? 
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Closing prices for crude oil, gold and other commodities
Carmax Returns to the Bargain Basement: Buy the Dip? 
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
NASDAQ:STEP

StepStone Group (STEP) Stock Price, News & Analysis

$37.00
+2.02 (+5.77%)
(As of 04/11/2024 ET)
Today's Range
$36.29
$38.25
50-Day Range
$32.76
$37.00
52-Week Range
$19.83
$38.25
Volume
724,460 shs
Average Volume
310,490 shs
Market Capitalization
$4.08 billion
P/E Ratio
41.11
Dividend Yield
2.27%
Price Target
$34.75

StepStone Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
6.1% Downside
$34.75 Price Target
Short Interest
Healthy
1.20% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.54mentions of StepStone Group in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$3.23 M Sold Last Quarter
Proj. Earnings Growth
41.82%
From $1.10 to $1.56 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.

3.31 out of 5 stars

Finance Sector

1414th out of 2,619 stocks

Investment Advice Industry

76th out of 147 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

Weiss issues 'Buy' on AI sleeper stock
Based on our Weiss Ratings, we’ve issued a “Buy” on an under-the-radar AI stock. And we share the details at our Artificial Intelligence Town Hall ….
StepStone Group (NASDAQ:STEP) Price Target Raised to $38.00
Weiss issues 'Buy' on AI sleeper stock
Based on our Weiss Ratings, we’ve issued a “Buy” on an under-the-radar AI stock. And we share the details at our Artificial Intelligence Town Hall ….
Investing outside of the Mag 7: Private equity
StepStone Group Inc.
StepStone Group LP (STEP) Fell on Earnings Shortfall
StepStone Group Consolidates Ownership Through Material Agreement
Q3 2024 StepStone Group Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/15 Dividend
2/28/2024
Dividend Payable
3/15/2024
Today
4/12/2024
Next Earnings (Estimated)
5/22/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Current Symbol
NASDAQ:STEP
Fax
N/A
Employees
980
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$34.75
High Stock Price Target
$49.00
Low Stock Price Target
$5.50
Potential Upside/Downside
-6.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$-18,400,000.00
Pretax Margin
31.94%

Debt

Sales & Book Value

Annual Sales
$1.37 billion
Cash Flow
$1.85 per share
Book Value
$14.91 per share

Miscellaneous

Free Float
88,435,000
Market Cap
$4.08 billion
Optionable
Not Optionable
Beta
1.25
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STEP Stock Analysis - Frequently Asked Questions

Should I buy or sell StepStone Group stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for StepStone Group in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" STEP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STEP, but not buy additional shares or sell existing shares.
View STEP analyst ratings
or view top-rated stocks.

What is StepStone Group's stock price target for 2024?

6 Wall Street analysts have issued 12 month price targets for StepStone Group's stock. Their STEP share price targets range from $5.50 to $49.00. On average, they anticipate the company's stock price to reach $34.75 in the next twelve months. This suggests that the stock has a possible downside of 6.1%.
View analysts price targets for STEP
or view top-rated stocks among Wall Street analysts.

How have STEP shares performed in 2024?

StepStone Group's stock was trading at $31.83 at the beginning of the year. Since then, STEP shares have increased by 16.2% and is now trading at $37.00.
View the best growth stocks for 2024 here
.

When is StepStone Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 22nd 2024.
View our STEP earnings forecast
.

How were StepStone Group's earnings last quarter?

StepStone Group LP (NASDAQ:STEP) released its quarterly earnings data on Thursday, February, 8th. The company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.12. The business earned ($14.61) million during the quarter, compared to analyst estimates of $142.29 million.

How often does StepStone Group pay dividends? What is the dividend yield for StepStone Group?

StepStone Group announced a quarterly dividend on Monday, February 5th. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.21 per share on Friday, March 15th. This represents a $0.84 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Wednesday, February 28th.
Read our dividend analysis for STEP
.

Is StepStone Group a good dividend stock?

StepStone Group (NASDAQ:STEP) pays an annual dividend of $0.84 per share and currently has a dividend yield of 2.40%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 93.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, STEP will have a dividend payout ratio of 53.85% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STEP.

What ETFs hold StepStone Group's stock?
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?

StepStone Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.05%). Insiders that own company stock include Anthony Keathley, Arg Private Equity, Llc, David Y Park, James Lim, Jason P Ment, Johnny D Randel, Michael I Mccabe, Robert Waldo, Scott W Hart, Steven R Mitchell and Thomas Keck.
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 4/12/2024 by MarketBeat.com Staff

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