StepStone Group Inc. (STEP)Financial Services | Asset Management | New York, United States | NasdaqGS
42.71 USD
+1.38
(3.339%)
⇧
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 42.71 |
Hot Take ↕ | Oct. 10, 2026, 3:52 a.m. EDT
The investment case for StepStone Group is currently bifurcated between a compelling long-term turnaround story and a precarious short-term reality. Fundamentally, the business has shown remarkable resilience, with a five-year cumulative gain of +132.40% driven by four consecutive years of positive annual returns. However, the most recent annual performance was flat (+5.55%), and the company is currently reporting negative operating margins (-54%) and negative book value (-$6.55). While the forward P/E of 12.9x implies analysts expect a return to profitability, the current trailing EPS is negative, creating a disconnect between the optimistic consensus and current earnings reality. The dividend presents a significant risk; with a payout ratio of 164%, the company is distributing significantly more cash than it earns in net income, relying entirely on free cash flow to maintain the yield. This is unsustainable if earnings do not improve quickly, capping the dividend rating despite the attractive 3.89% yield. Technically, the stock is trading well below its 50-day and 200-day moving averages, confirming a downtrend that has eroded roughly 14% of value over the last two months. The statistical forecasting model offers no directional bias, reflecting the ambiguity of the situation. Consequently, while the long-term thesis remains intact due to the strong historical trajectory and potential for margin expansion, the immediate outlook is neutral-to-negative due to the lack of earnings confirmation and the heavy reliance on cash flow to fund dividends. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.082840 |
| AutoARIMA | 0.084977 |
| AutoTheta | 0.086121 |
| MSTL | 0.087649 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 0.64 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.094 |
| Excess Kurtosis | -0.72 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-08-30 |
| Last Dividend Date | 2026-08-30 |
| Debt to Equity Ratio | 126.487 |
| Revenue per Share | 25.079 |
| Market Cap | 5,513,175,040 |
| Forward P/E | 12.58 |
| Beta | 1.28 |
| Profit Margins | -30.54% |
| Website | https://www.stepstonegroup.com |
As of Oct. 10, 2026, 3:52 a.m. EDT: Speculators are positioning for a range-bound recovery rather than a breakout. Call volume is heavily skewed toward out-of-the-money strikes at $55 and $50, suggesting bets on a rebound to previous highs, while put volume concentrates at lower strikes ($30-$40), indicating a floor is expected but not a crash. The lack of significant open interest at deep ITM levels suggests limited conviction in a massive rally, and the elevated implied volatility at OTM strikes reflects uncertainty about whether the stock can sustain its recent gains.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.63% | 3.49% | 2.86% | 2.96% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-31 | 0.33 | 0.631458 |
| 2026-06-15 | 0.83 | 1.764081 |
| 2026-02-27 | 0.28 | 0.649050 |
| 2025-11-28 | 0.28 | 0.443319 |
| 2025-08-29 | 0.28 | 0.451176 |
| 2025-06-13 | 0.64 | 1.188266 |
| 2025-02-28 | 0.24 | 0.398936 |
| 2024-11-29 | 0.24 | 0.364243 |
| 2024-08-30 | 0.24 | 0.438757 |
| 2024-06-14 | 0.36 | 0.845070 |
| 2024-02-28 | 0.21 | 0.593891 |
| 2023-11-29 | 0.21 | 0.820312 |
| 2023-08-30 | 0.21 | 0.680713 |
| 2023-06-14 | 0.45 | 1.859504 |
| 2023-02-27 | 0.20 | 0.706714 |
| 2022-11-29 | 0.20 | 0.681199 |
| 2022-08-30 | 0.20 | 0.734484 |
| 2022-06-14 | 0.20 | 0.769527 |
| 2022-02-25 | 0.15 | 0.430416 |
| 2021-11-29 | 0.15 | 0.352195 |
| 2021-08-30 | 0.07 | 0.145955 |
| 2021-06-29 | 0.07 | 0.206673 |
| 2021-03-18 | 0.07 | 0.228833 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.33122975 |
| Address1 | 277 Park Avenue |
| Address2 | 45th Floor |
| All Time High | 77.795 |
| All Time Low | 19.83 |
| Ask | 52.22 |
| Ask Size | 2 |
| Audit Risk | 6 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 1,118,600 |
| Average Daily Volume3 Month | 1,190,607 |
| Average Volume | 1,190,607 |
| Average Volume10Days | 1,118,600 |
| Beta | 1.283 |
| Bid | 30.87 |
| Bid Size | 2 |
| Board Risk | 8 |
| Book Value | -6.548 |
| City | New York |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Compensation Risk | 8 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 42.71 |
| Current Ratio | 0.639 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 43.005 |
| Day Low | 40.24 |
| Debt To Equity | 126.487 |
| Display Name | StepStone |
| Dividend Date | 1,789,430,400 |
| Dividend Yield | 4.07 |
| Earnings Call Timestamp End | 1,786,050,000 |
| Earnings Call Timestamp Start | 1,786,050,000 |
| Earnings Timestamp | 1,786,046,400 |
| Earnings Timestamp End | 1,793,908,800 |
| Earnings Timestamp Start | 1,793,908,800 |
| Ebitda | -1,123,373,056 |
| Ebitda Margins | -0.55939 |
| Enterprise To Ebitda | -5.483 |
| Enterprise To Revenue | 3.067 |
| Enterprise Value | 6,158,901,248 |
| Eps Current Year | 2.45921 |
| Eps Forward | 3.39507 |
| Eps Trailing Twelve Months | -7.51 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,788,134,400 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 47.6118 |
| Fifty Day Average Change | -4.901802 |
| Fifty Day Average Change Percent | -0.10295351 |
| Fifty Two Week Change Percent | -33.122974 |
| Fifty Two Week High | 77.795 |
| Fifty Two Week High Change | -35.085 |
| Fifty Two Week High Change Percent | -0.450993 |
| Fifty Two Week Low | 38.85 |
| Fifty Two Week Low Change | 3.8600006 |
| Fifty Two Week Low Change Percent | 0.09935652 |
| Fifty Two Week Range | 38.85 - 77.795 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,600,263,000,000 |
| Five Year Avg Dividend Yield | 1.89 |
| Float Shares | 75,363,473 |
| Forward Eps | 3.39507 |
| Forward P E | 12.580005 |
| Free Cashflow | 2,822,566,144 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,355 |
| Fullday Change | 1.3799973 |
| Fullday Change Percent | 3.338972 |
| Fullday Price | 42.71 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | -0.48369 |
| Gross Profits | -971,340,032 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.055409998 |
| Held Percent Institutions | 0.98363 |
| Implied Shares Outstanding | 129,083,932 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Ipo Expected Date | 2,020-09-16 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,788,134,400 |
| Last Dividend Value | 0.33 |
| Last Fiscal Year End | 1,774,915,200 |
| Long Business Summary | StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, 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, power, utilities consumer staples, financials, telecommunication services, clean energy/renewables, transport, social, natural capital, infrastructure, corporate, real estate, credit 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. 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. The firm seeks to make minority and majority investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, South Korea, Europe, Australia and Asia. |
| Long Name | StepStone Group Inc. |
| Market | us_market |
| Market Cap | 5,513,175,040 |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_34231914 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -613,200,000 |
| Next Fiscal Year End | 1,806,451,200 |
| Non Diluted Market Cap | 3,705,469,482 |
| Number Of Analyst Opinions | 10 |
| Open | 41.07 |
| Operating Cashflow | -437,312,000 |
| Operating Margins | -0.54055 |
| Overall Risk | 6 |
| Payout Ratio | 1.6452 |
| Phone | 212 351 6100 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 42.71 |
| Post Market Time | 1,792,094,448 |
| Previous Close | 41.33 |
| Price Eps Current Year | 17.367367 |
| Price Hint | 2 |
| Price To Book | -6.5226026 |
| Price To Sales Trailing12 Months | 2.7453249 |
| Profit Margins | -0.30535 |
| Quick Ratio | 0.635 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | 1.38 |
| Regular Market Change Percent | 3.33897 |
| Regular Market Day High | 43.005 |
| Regular Market Day Low | 40.24 |
| Regular Market Day Range | 40.24 - 43.005 |
| Regular Market Open | 41.07 |
| Regular Market Previous Close | 41.33 |
| Regular Market Price | 42.71 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 933,401 |
| Return On Assets | -0.11644 |
| Return On Equity | -0.61397 |
| Revenue Growth | 0.04 |
| Revenue Per Share | 25.079 |
| Sand P52 Week Change | 0.16440773 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 82,288,907 |
| Shares Percent Shares Out | 0.074200004 |
| Shares Short | 6,105,286 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 6,195,951 |
| Short Name | StepStone Group Inc. |
| Short Percent Of Float | 0.0851 |
| Short Ratio | 5.55 |
| Source Interval | 15 |
| State | NY |
| Symbol | STEP |
| Target High Price | 88.0 |
| Target Low Price | 51.0 |
| Target Mean Price | 66.3 |
| Target Median Price | 62.5 |
| Total Cash | 702,520,000 |
| Total Cash Per Share | 8.537 |
| Total Debt | 1,568,006,016 |
| Total Revenue | 2,008,205,056 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.12 |
| Trailing Annual Dividend Yield | 0.02709896 |
| Trailing Eps | -7.51 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 51.0341 |
| Two Hundred Day Average Change | -8.3241005 |
| Two Hundred Day Average Change Percent | -0.1631086 |
| Type Disp | Equity |
| Volume | 933,401 |
| Website | https://www.stepstonegroup.com |
| Zip | 10,172 |