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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Are "The Magnificent Seven" the Next Sears? (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Are "The Magnificent Seven" the Next Sears? (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
Are "The Magnificent Seven" the Next Sears? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Are "The Magnificent Seven" the Next Sears? (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Are "The Magnificent Seven" the Next Sears? (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
Are "The Magnificent Seven" the Next Sears? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Are "The Magnificent Seven" the Next Sears? (Ad)
Stock market today: Asian shares mostly lower after Wall St has its worst week in 6 months
Writers Guild and Hollywood studios reach tentative deal to end strike. No deal yet for actors
Are "The Magnificent Seven" the Next Sears? (Ad)
AI is on the world's mind. Is the UN the place to figure out what to do about it?
Facial recognition technology jailed a man for days. His lawsuit joins others from Black plaintiffs
Are "The Magnificent Seven" the Next Sears? (Ad)
Canadian autoworkers ratify new labor agreement with Ford
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
NASDAQ:STEP

StepStone Group (STEP) Stock Forecast, Price & News

$30.91
-0.19 (-0.61%)
(As of 09/22/2023 08:52 PM ET)
Compare
Today's Range
$30.65
▼
$31.37
50-Day Range
$26.65
▼
$32.20
52-Week Range
$19.83
▼
$32.38
Volume
212,900 shs
Average Volume
285,766 shs
Market Capitalization
$3.38 billion
P/E Ratio
147.19
Dividend Yield
2.72%
Price Target
$32.00
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

StepStone Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.5% 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
-0.09mentions of StepStone Group in the last 14 days
Based on 6 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.

1.55 out of 5 stars

Finance Sector

768th out of 833 stocks

Investment Advice Industry

49th out of 49 stocks

See Top Rated MarketRank™ Stocks Here

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

September 24, 2023 | msn.com
Buncombe, Asheville property transfers for Sept. 7-9
September 19, 2023 | americanbankingnews.com
StepStone Group LP (NASDAQ:STEP) Major Shareholder Sells $693,462.64 in Stock
September 25, 2023 | Chaikin Analytics (Ad)
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
September 15, 2023 | finance.yahoo.com
Insider Sell: David Park Sells 1,459 Shares of StepStone Group Inc
September 15, 2023 | americanbankingnews.com
StepStone Group LP (NASDAQ:STEP) Major Shareholder Sells $994,380.16 in Stock
September 15, 2023 | americanbankingnews.com
StepStone Group LP (NASDAQ:STEP) Major Shareholder James Lim Sells 53,925 Shares
September 14, 2023 | finance.yahoo.com
10% Owner James Lim Sells 129,088 Shares of StepStone Group Inc
September 14, 2023 | finance.yahoo.com
StepStone Group Inc (STEP): A Deep Dive into Its Performance Potential
September 25, 2023 | Weiss Ratings (Ad)
Overlooked AI Stock Gets Urgent "Buy"
We issued our first "Buy" rating on Apple when it traded at the equivalent of 56 cents per share. It's up 32,571% since. And while Nvidia is up 3x this year… We called it back in 2011. And it has surged 97x (9,624% to be exact) since then. Now, our Weiss Ratings has issued a "Buy" on a stock that's leading the AI revolution in one of the most profitable industries.
September 14, 2023 | finance.yahoo.com
CAIS Expands Strategies of Leading Alternative Asset Managers Amid Accelerated Demand from Independent Advisors
September 10, 2023 | markets.businessinsider.com
Barclays Keeps Their Hold Rating on StepStone Group (STEP)
August 31, 2023 | msn.com
StepStone Group Inc - (STEP) Price Target Increased by 11.28% to 30.19
August 28, 2023 | finance.yahoo.com
StepStone Group (NASDAQ:STEP) Will Pay A Larger Dividend Than Last Year At $0.21
August 26, 2023 | reuters.com
Zepto raises $200 million at $1.4 billion valuation, becomes first Indian unicorn in nearly a year
August 26, 2023 | msn.com
Zepto first start-up to become unicorn in 2023, plans to go public by 2025
August 25, 2023 | msn.com
Zepto Becomes First Indian Unicorn Of 2023, Raises $200 Million At $1.4 Billion Valuation In Series E Funding
August 25, 2023 | msn.com
Unicorn drought ends as Zepto raises $200 million at $1.4 billion valuation from StepStone, Goodwater
August 25, 2023 | msn.com
US-based StepStone Group's debut Indian investment propels Zepto to unicorn status
August 25, 2023 | msn.com
Zepto becomes first unicorn in 2023; plans to go public by 2025
August 25, 2023 | msn.com
Zepto becomes first unicorn of 2023, raises Rs 1653 crore
August 25, 2023 | axios.com
Investors deliver India's Zepto $200M Series E
August 25, 2023 | msn.com
US-based StepStone Group’s debut Indian investment propels Zepto to unicorn status
August 10, 2023 | finance.yahoo.com
WindRose Portfolio Company Healthmap Raises $100 Million to Continue Fighting Kidney Disease
August 8, 2023 | finance.yahoo.com
StepStone Group (NASDAQ:STEP) Has Announced That It Will Be Increasing Its Dividend To $0.21
August 8, 2023 | finance.yahoo.com
StepStone Private Wealth Launches Infrastructure Fund
August 5, 2023 | finanznachrichten.de
StepStone Group Inc: StepStone Group Reports First Quarter Fiscal Year 2024 Results
August 3, 2023 | finance.yahoo.com
StepStone Group Inc. (STEP) Q1 Earnings and Revenues Top Estimates
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
9/24/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
3/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Investment advice
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:STEP
CUSIP
N/A
CIK
1796022
Web
www.stepstoneglobal.com
Phone
212-351-6100
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
+3.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.21
Trailing P/E Ratio
147.19
Forward P/E Ratio
24.73
P/E Growth
N/A
Net Income
$-18,400,000.00
Net Margins
N/A
Pretax Margin
19.60%
Return on Equity
7.68%
Return on Assets
3.54%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.14
Quick Ratio
0.14

Sales & Book Value

Annual Sales
$1.37 billion
Price / Sales
2.47
Cash Flow
$1.74 per share
Price / Cash Flow
17.72
Book Value
$14.91 per share
Price / Book
2.07

Miscellaneous

Outstanding Shares
109,250,000
Free Float
87,524,000
Market Cap
$3.38 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: $6.04M
  • Mr. Scott HartMr. Scott Hart (Age 43)
    CEO, Head of Private Equity, Director & Partner
    Comp: $6.01M
  • Mr. Jason Paul Ment J.D. (Age 46)
    Partner, Pres & Co-COO
    Comp: $4.81M
  • Mr. Johnny Dale RandelMr. Johnny Dale Randel (Age 58)
    Partner & CFO
    Comp: $3.56M
  • Mr. Jose A. Fernandez J.D. (Age 52)
    CO-COO, Director & Partner
    Comp: $6.3M
  • Mr. Thomas KeckMr. Thomas Keck (Age 57)
    Partner, Head of Research and Portfolio Management & Director
    Comp: $6.44M
  • Mr. Michael I. McCabeMr. Michael I. McCabe (Age 54)
    Partner, Head of Strategy & Director
    Comp: $8.91M
  • Ms. Jennifer Yayoi Ishiguro
    Partner, Chief Legal Officer, Sec. & CEO
  • Mr. David Y. ParkMr. David Y. Park
    Partner & Chief Accounting Officer
  • Mr. Seth Weiss
    Managing Director of Corp. Investor Relations - New York

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













STEP Stock - Frequently Asked Questions

Should I buy or sell StepStone Group stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for StepStone Group in the last year. There are currently 4 hold 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 forecast for 2023?

4 brokerages have issued 1-year price targets for StepStone Group's shares. Their STEP share price forecasts range from $27.00 to $36.00. On average, they predict the company's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 3.5% 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 22.8% and is now trading at $30.91.
View the best growth stocks for 2023 here.

Are investors shorting StepStone Group?

StepStone Group saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,240,000 shares, an increase of 22.8% from the August 15th total of 1,010,000 shares. Based on an average daily volume of 270,300 shares, the days-to-cover ratio is currently 4.6 days.
View StepStone Group's Short Interest.

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) posted its earnings results on Thursday, August, 3rd. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.01. The business had revenue of $178.01 million for the quarter, compared to analysts' expectations 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. Stockholders of record on Thursday, August 31st will be paid a dividend of $0.21 per share on Friday, September 15th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date is Wednesday, August 30th. This is a boost 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 a price of $15.00-$17.00 per share. JPMorgan, Goldman Sachs, Morgan Stanley, Barclays and UBS Investment Bank served 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 many different retail and institutional investors. Top institutional investors 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 $30.91.

How much money does StepStone Group make?

StepStone Group (NASDAQ:STEP) has a market capitalization of $3.38 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 9/25/2023 by MarketBeat.com Staff

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