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S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
Is Gold Really Boring? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
US consumer confidence tumbles in September as American anxiety about the future grows
Is Gold Really Boring? (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
Is Gold Really Boring? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
US consumer confidence tumbles in September as American anxiety about the future grows
Is Gold Really Boring? (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Stock market today: Futures climb as a miserable month for US markets nears its end. Crude nears $92
Is Gold Really Boring? (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
US consumer confidence tumbles in September as American anxiety about the future grows
Is Gold Really Boring? (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
NASDAQ:STEP

StepStone Group (STEP) Stock Forecast, Price & News

$30.89
-0.21 (-0.68%)
(As of 09/26/2023 ET)
Compare
Today's Range
$30.76
$31.20
50-Day Range
$27.59
$32.20
52-Week Range
$19.83
$32.38
Volume
191,321 shs
Average Volume
257,823 shs
Market Capitalization
$3.37 billion
P/E Ratio
147.10
Dividend Yield
2.72%
Price Target
$32.00

StepStone Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.6% Upside
$32.00 Price Target
Short Interest
Bearish
1.14% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.63mentions of StepStone Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$4.27 M Sold Last Quarter
Proj. Earnings Growth
36.80%
From $1.25 to $1.71 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.66 out of 5 stars

Finance Sector

755th out of 843 stocks

Investment Advice Industry

51st out of 51 stocks


STEP stock logo

About StepStone Group (NASDAQ:STEP) Stock

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 New York, New York with additional offices across North America, South America, Europe, Australia, Asia, LA Jolla, California.

STEP Price History

STEP Stock News Headlines

Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
Barclays Keeps Their Hold Rating on StepStone Group (STEP)
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
StepStone Private Wealth Launches Infrastructure Fund
See More Headlines
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STEP Company Calendar

Ex-Dividend for 6/30 Dividend
6/14/2023
Dividend Payable
6/30/2023
Last Earnings
8/03/2023
Ex-Dividend for 9/15 Dividend
8/30/2023
Dividend Payable
9/15/2023
Today
9/27/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:STEP
Fax
N/A
Employees
966
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$32.00
High Stock Price Forecast
$36.00
Low Stock Price Forecast
$27.00
Forecasted Upside/Downside
+3.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$-18,400,000.00
Pretax Margin
19.60%

Debt

Sales & Book Value

Annual Sales
$1.37 billion
Cash Flow
$1.74 per share
Book Value
$14.91 per share

Miscellaneous

Free Float
87,524,000
Market Cap
$3.37 billion
Optionable
Not Optionable
Beta
1.40
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Key Executives

  • Mr. Monte M. Brem J.D. (Age 55)
    Co-Founder & Exec. Chairman
    Comp: $2.41M
  • Mr. Scott HartMr. Scott Hart (Age 43)
    CEO, Head of Private Equity, Director & Partner
    Comp: $3M
  • Mr. Jason Paul Ment J.D. (Age 46)
    Partner, Pres & Co-COO
    Comp: $2.56M
  • Mr. Johnny Dale RandelMr. Johnny Dale Randel (Age 58)
    Partner & CFO
    Comp: $2.01M
  • Mr. Jose A. Fernandez J.D. (Age 52)
    CO-COO, Director & Partner
    Comp: $3.4M
  • Mr. Thomas KeckMr. Thomas Keck (Age 57)
    Partner, Head of Research and Portfolio Management & Director
    Comp: $3.43M
  • Mr. Michael I. McCabeMr. Michael I. McCabe (Age 54)
    Partner, Head of Strategy & Director
    Comp: $4.24M
  • Mr. David Y. ParkMr. David Y. Park
    Partner & Chief Accounting Officer
  • Mr. Seth Weiss
    Managing Director of Corp. Investor Relations - New York
  • Ms. Jennifer Yayoi Ishiguro
    Partner, Chief Legal Officer & Sec.













STEP Stock - Frequently Asked Questions

Should I buy or sell StepStone Group stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for StepStone Group in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street research 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 forecast for 2023?

4 brokers have issued 12-month price targets for StepStone Group's stock. Their STEP share price forecasts range from $27.00 to $36.00. On average, they expect the company's share price to reach $32.00 in the next year. This suggests a possible upside of 3.6% from the stock's current price.
View analysts price targets for STEP
or view top-rated stocks among Wall Street analysts.

How have STEP shares performed in 2023?

StepStone Group's stock was trading at $25.18 on January 1st, 2023. Since then, STEP stock has increased by 22.7% and is now trading at $30.89.
View the best growth stocks for 2023 here
.

When is StepStone Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our STEP earnings forecast
.

How were StepStone Group's earnings last quarter?

StepStone Group LP (NASDAQ:STEP) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.25 by $0.01. The business earned $178.01 million during the quarter, compared to analyst estimates of $160.14 million.

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

StepStone Group announced a quarterly dividend on Wednesday, August 2nd. Investors of record on Thursday, August 31st will be given a dividend of $0.21 per share on Friday, September 15th. This represents a $0.84 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date is Wednesday, August 30th. This is an increase from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for STEP
.

What ETFs hold StepStone Group's stock?

ETFs with the largest weight of StepStone Group (NASDAQ:STEP) stock in their portfolio include Alger Weatherbie Enduring Growth ETF (AWEG) and Invesco Global Listed Private Equity ETF (PSP).Harbor Corporate Culture Small Cap ETF (HAPS).

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 2.72%. 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 400.00%. 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 49.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STEP.

When did StepStone Group IPO?

(STEP) raised $280 million in an initial public offering (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.

What is StepStone Group's stock symbol?

StepStone Group trades on the NASDAQ under the ticker symbol "STEP."

Who are StepStone Group's major shareholders?

StepStone Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (4.03%), BlackRock Inc. (3.62%), Wasatch Advisors LP (2.62%), Alliancebernstein L.P. (2.28%), Capital World Investors (2.26%) and State Street Corp (1.05%). Insiders that own company stock include Arg Private Equity, Llc, Darren M Friedman, David Y Park, James Lim, Jason P Ment, Johnny D Randel, Jose A Fernandez, Mark Maruszewski, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is StepStone Group's stock price today?

One share of STEP stock can currently be purchased for approximately $30.89.

How much money does StepStone Group make?

StepStone Group (NASDAQ:STEP) has a market capitalization of $3.37 billion and generates $1.37 billion in revenue each year. The company earns $-18,400,000.00 in net income (profit) each year or $0.21 on an earnings per share basis.

How many employees does StepStone Group have?

The company employs 966 workers across the globe.

How can I contact StepStone Group?

StepStone Group's mailing address is 450 LEXINGTON AVENUE 31ST FLOOR, NEW YORK NY, 10017. The official website for the company is www.stepstoneglobal.com. The company can be reached via phone at 212-351-6100.

This page (NASDAQ:STEP) was last updated on 9/27/2023 by MarketBeat.com Staff

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