StepStone Group, Inc. (STEP)

NASDAQ: STEP · IEX Real-Time Price · USD
27.92
0.29 (1.05%)
May 27, 2022 4:00 PM EDT - Market closed
Market Cap1.70B
Revenue (ttm)1.36B
Net Income (ttm)189.92M
Shares Out60.79M
EPS (ttm)5.86
PE Ratio4.77
Forward PE18.55
Dividend$0.44 (1.58%)
Ex-Dividend DateFeb 25, 2022
Volume453,915
Open27.41
Previous Close27.63
Day's Range27.28 - 28.43
52-Week Range22.39 - 55.19
Betan/a
AnalystsBuy
Price Target40.09 (+43.6%)
Earnings DateJun 21, 2022

About STEP

StepStone Group Inc. 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, and buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufa...

IndustryAsset Management
IPO DateSep 16, 2020
Employees758
Stock ExchangeNASDAQ
Ticker SymbolSTEP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for STEP stock is "Buy." The 12-month stock price forecast is 40.09, which is an increase of 43.59% from the latest price.

Price Target
$40.09
(43.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

StepStone Group Inc. (STEP) Q4 Earnings Lag Estimates

StepStone Group Inc. (STEP) delivered earnings and revenue surprises of -7.32% and 113.84%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

23 hours ago - Zacks Investment Research

StepStone Group Reports Fourth Quarter and Fiscal Year 2022 Results

NEW YORK, May 26, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data servic...

1 day ago - GlobeNewsWire

IPI Partners to Acquire Swiss Data Center Leader Safe Host

CHICAGO--(BUSINESS WIRE)--IPI Partners, LLC ("IPI"), a global investment firm that specializes in investing in critical digital infrastructure assets, today announced it has agreed to acquire a majority...

3 days ago - Business Wire

StepStone Real Estate Names Margaret McKnight Head of Portfolio Solutions and Hires Sara Rutledge as Head of Market R...

NEW YORK, May 23, 2022 (GLOBE NEWSWIRE) -- StepStone Real Estate (SRE), the real estate arm of private markets investment firm StepStone Group (Nasdaq: STEP) announced today that it has named Margaret M...

4 days ago - GlobeNewsWire

StepStone Group Closes First Credit Opportunities Fund

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, today announced the final closing of StepStone Credit Opportunities Fund I (“SCO...

2 weeks ago - GlobeNewsWire

StepStone Group to Announce Fourth Quarter and Fiscal Year 2022 Results on May 26, 2022

NEW YORK, May 12, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the fourth quarter and fiscal year ended March 31, 2022 after...

2 weeks ago - GlobeNewsWire

StepStone Publishes ESG and TCFD Reports

NEW YORK, May 11, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, today released its annual Environmental, Social & Governance (“ESG”), Taskforce ...

2 weeks ago - GlobeNewsWire

StepStone Closes Second Senior Corporate Lending Fund With $1.3 Billion of Capital Commitments

NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, today announced the final closing of StepStone Senior Corporate Lending II (“SCL...

3 weeks ago - GlobeNewsWire

Conversus StepStone Private Markets Exceeds $500 Million in Assets Under Management within 18 Months

CHARLOTTE, N.C., April 26, 2022 (GLOBE NEWSWIRE) -- Conversus, an investment platform designed to expand access to the private markets for high net worth and accredited investors, today announced that i...

1 month ago - GlobeNewsWire

StepStone Group Sponsors a USD 102.5 Million Direct Lending Offering on Mexico's BIVA Stock Exchange

NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, announced that on February 18, 2022, it completed the structuring of a USD 102...

2 months ago - GlobeNewsWire

Best Income Stocks to Buy for March 3rd

RGP, STEP, and TSN made it to the Zacks Rank #1 (Strong Buy) income stocks list on March 3, 2022

Other symbols:RGPTSN
2 months ago - Zacks Investment Research

Can StepStone Group Inc. (STEP) Run Higher on Rising Earnings Estimates?

StepStone Group Inc. (STEP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

Wall Street Analysts Believe StepStone Group Inc. (STEP) Could Rally 33%: Here's is How to Trade

The consensus price target hints at a 32.8% upside potential for StepStone Group Inc. (STEP). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earning...

3 months ago - Zacks Investment Research

StepStone Group Announces Partner and Managing Director Promotions

NEW YORK, Feb. 16, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data servi...

3 months ago - GlobeNewsWire

StepStone Group Reports Third Quarter Fiscal Year 2022 Results

NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data servi...

3 months ago - GlobeNewsWire

StepStone Group Inc. (STEP) Earnings Expected to Grow: Should You Buy?

StepStone Group Inc. (STEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

StepStone Group to Announce Third Quarter Fiscal 2022 Results on February 8, 2022

NEW YORK, Jan. 25, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the quarter ending December 31, 2021 after the market closes...

4 months ago - GlobeNewsWire

10 Asset Management Stocks to Buy to Ride Out Omicron

Star portfolio manager Rajiv Jain sold 20% of his firm to investors. In general, asset management stocks are solid picks.

5 months ago - InvestorPlace

Why Shares of StepStone Group Fell Today

The company announced a secondary offering of common stock.

6 months ago - The Motley Fool

StepStone Announces Secondary Offering

NEW YORK, Nov. 15, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (“StepStone”) today announced that certain of its stockholders (the “Selling Stockholders”) intend to offer for sale in an underwritten s...

6 months ago - GlobeNewsWire

StepStone Group Closes Third Tactical Growth Fund With Over $690 Million in Capital Commitments

NEW YORK, Nov. 10, 2021 (GLOBE NEWSWIRE) -- StepStone Group, Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data serv...

6 months ago - GlobeNewsWire

StepStone Group Announces Leadership Transition

Scott Hart to become sole Chief Executive Officer, Monte Brem to be named Executive Chairman Scott Hart to become sole Chief Executive Officer, Monte Brem to be named Executive Chairman

6 months ago - GlobeNewsWire

StepStone Real Estate, BVK and Universal-Investment Form Partnership to Acquire Secondaries Globally

MUNICH, Germany, Nov. 03, 2021 (GLOBE NEWSWIRE) -- StepStone Real Estate (“SRE”), a global investment manager and advisor and BVK, Germany's largest pension group under public law, announced today that ...

6 months ago - GlobeNewsWire

StepStone Group Inc. (STEP) Reports Next Week: Wall Street Expects Earnings Growth

StepStone Group Inc. (STEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

StepStone Group (STEP) Sees Hammer Chart Pattern: Time to Buy?

StepStone Group (STEP) has been struggling lately, but the selling pressure may be coming to an end soon.

7 months ago - Zacks Investment Research