StepStone Group (STEP) to Post Earnings on Thursday

StepStone Group (NASDAQ:STEP) is expected to release its Q1 2027 results after the market closes on Thursday, August 6th. Analysts expect the company to post earnings of $0.5040 per share and revenue of $309.3160 million for the quarter. Individuals can check the company’s upcoming Q1 2027 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

StepStone Group (NASDAQ:STEP) last issued its quarterly earnings results on Wednesday, May 20th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.06. The firm had revenue of $305.84 million during the quarter, compared to the consensus estimate of $292.11 million. StepStone Group had a positive return on equity of 37.69% and a negative net margin of 26.88%.The company’s revenue was up 3.4% on a year-over-year basis. During the same period last year, the company earned $0.68 earnings per share. On average, analysts expect StepStone Group to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

StepStone Group Price Performance

STEP opened at $48.62 on Wednesday. The firm has a market cap of $5.80 billion, a PE ratio of -7.15 and a beta of 1.27. The stock has a 50-day moving average price of $44.02 and a 200-day moving average price of $50.76. StepStone Group has a 1 year low of $38.85 and a 1 year high of $77.79.

StepStone Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Monday, June 15th. StepStone Group’s dividend payout ratio (DPR) is currently -16.47%.

Analysts Set New Price Targets

Several brokerages have issued reports on STEP. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of StepStone Group in a report on Monday, July 20th. BMO Capital Markets cut their price target on shares of StepStone Group from $62.00 to $50.00 and set an “outperform” rating on the stock in a report on Monday, July 13th. Morgan Stanley reduced their price target on shares of StepStone Group from $72.00 to $63.00 and set an “equal weight” rating for the company in a research report on Tuesday, July 21st. Oppenheimer decreased their price objective on shares of StepStone Group from $90.00 to $85.00 and set an “outperform” rating for the company in a report on Thursday, May 21st. Finally, Evercore reaffirmed an “outperform” rating and issued a $60.00 price objective on shares of StepStone Group in a research report on Thursday, May 21st. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.00.

Insider Buying and Selling

In other news, COO Jose A. Fernandez sold 2,290 shares of StepStone Group stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $42.64, for a total transaction of $97,645.60. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael I. Mccabe acquired 120,000 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were acquired at an average cost of $41.85 per share, with a total value of $5,022,000.00. Following the transaction, the insider owned 433,178 shares in the company, valued at approximately $18,128,499.30. This trade represents a 38.32% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 15.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On StepStone Group

Several institutional investors and hedge funds have recently bought and sold shares of STEP. Corient Private Wealth LLC grew its holdings in StepStone Group by 14.6% during the fourth quarter. Corient Private Wealth LLC now owns 7,649 shares of the company’s stock valued at $491,000 after purchasing an additional 976 shares during the period. Empowered Funds LLC bought a new position in shares of StepStone Group in the fourth quarter worth about $136,000. XTX Topco Ltd lifted its position in shares of StepStone Group by 114.6% during the 4th quarter. XTX Topco Ltd now owns 14,318 shares of the company’s stock valued at $919,000 after buying an additional 7,645 shares in the last quarter. VARCOV Co. purchased a new position in shares of StepStone Group during the 4th quarter valued at about $238,000. Finally, Voloridge Investment Management LLC grew its stake in shares of StepStone Group by 25.3% during the 4th quarter. Voloridge Investment Management LLC now owns 370,239 shares of the company’s stock valued at $23,758,000 after acquiring an additional 74,745 shares during the period. 55.54% of the stock is currently owned by hedge funds and other institutional investors.

StepStone Group Company Profile

StepStone Group is a global private markets investment firm that provides specialized investment solutions across private equity, private credit and real assets. The firm offers customized portfolios, secondary interests, direct co-investments and tailored advisory services to institutional investors worldwide. StepStone’s integrated research and data analytics platform supports its investment teams in sourcing opportunities and monitoring portfolio companies.

Founded in 2007 as an independent private markets specialist, the company has grown its presence through both organic expansion and strategic partnerships.