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NASDAQ:STEP

StepStone Group (STEP) Stock Price, News & Analysis

$53.18
+1.36 (+2.62%)
(As of 04:11 PM ET)
Today's Range
$51.69
$53.41
50-Day Range
$44.49
$54.70
52-Week Range
$25.06
$56.18
Volume
596,660 shs
Average Volume
562,997 shs
Market Capitalization
$5.88 billion
P/E Ratio
59.09
Dividend Yield
1.81%
Price Target
$45.88

StepStone Group MarketRank™ Stock Analysis

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
13.1% Downside
$45.88 Price Target
Short Interest
Healthy
2.75% 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 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
18.03%
From $1.83 to $2.16 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.

2.71 out of 5 stars

Finance Sector

504th out of 878 stocks

Investment Advice Industry

33rd 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

StepStone Group LP (NASDAQ:STEP) Receives $45.88 Average PT from Brokerages
War on Elon Escalates…
Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Barclays Sticks to Its Hold Rating for StepStone Group (STEP)
StepStone Announces Pricing of Secondary Offering
StepStone Announces Secondary Offering
War on Elon Escalates…
Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adoption of this technology for decades. By doing so he has put himself in the crosshairs of an ideological war with the global elites. And yet, while this new technology threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
StepStone Group's (NASDAQ:STEP) Dividend Will Be $0.24
J.P. Morgan Reaffirms Their Buy Rating on StepStone Group (STEP)
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
6/14/2024
Dividend Payable
6/28/2024
Last Earnings
8/08/2024
Ex-Dividend for 9/13 Dividend
8/30/2024
Dividend Payable
9/13/2024
Today
9/16/2024
Next Earnings (Estimated)
11/04/2024
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
$45.88
High Stock Price Target
$56.00
Low Stock Price Target
$5.50
Potential Upside/Downside
-12.9%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
8 Analysts

Profitability

Net Income
$58.09 million
Pretax Margin
26.69%

Debt

Sales & Book Value

Annual Sales
$711.63 million
Cash Flow
$1.81 per share
Book Value
$14.95 per share

Miscellaneous

Free Float
88,639,000
Market Cap
$5.83 billion
Optionable
Not Optionable
Beta
1.28
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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 65.9% and is now trading at $52.80.
View the best growth stocks for 2024 here
.

How were StepStone Group's earnings last quarter?

StepStone Group LP (NASDAQ:STEP) posted its quarterly earnings results on Thursday, August, 8th. The company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.35 by $0.13. The business's revenue for the quarter was up 4.7% compared to the same quarter last year.

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 served as the underwriters for the IPO.

Who are StepStone Group's major shareholders?

StepStone Group's top institutional shareholders include Fred Alger Management LLC (2.12%), Millennium Management LLC (1.38%), Bank of New York Mellon Corp (1.01%) and Dimensional Fund Advisors LP (0.72%). 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 9/16/2024 by MarketBeat.com Staff

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