StepStone Group Inc. (STEP)Financial Services | Asset Management | New York, United States | NasdaqGS
42.81 USD
-0.15
(-0.349%) ⇩
(July 13, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 3:20 a.m. EDT
The investment case for StepStone Group is currently fractured by severe fundamental deterioration masked by aggressive analyst upgrades. While the company boasts a 55.8% revenue growth rate and a forward P/E of 13, the underlying economics are broken: profit margins are negative at -26.9%, operating margins are -3.5%, and the return on equity is a catastrophic -55.9%. The balance sheet reflects this distress with negative book value (-$5.12/share) and a debt-to-equity ratio exceeding 147x, while the market has already punished the stock with a 35% drop in 2022 followed by another 5% decline in 2023. The recent surge in price and the 'strong buy' analyst consensus appear to be a reaction to a turnaround narrative or a valuation reset based on forward estimates, but the trailing twelve-month reality shows the business is losing money. The options market confirms this anxiety, with traders loading up on deep puts to protect against further collapse while longing for a miraculous rebound. Until the negative margins turn positive and the balance sheet stabilizes, the high yield of 3.82% is likely a compensation for the risk of permanent capital impairment, making this a hold or avoid for now. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.106910 |
| MSTL | 0.107495 |
| AutoARIMA | 0.107563 |
| AutoTheta | 0.107762 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 38% |
| H-stat | 14.88 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.119 |
| Excess Kurtosis | -1.45 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-06-14 |
| Last Dividend Date | 2026-06-14 |
| Debt to Equity Ratio | 147.327 |
| Revenue per Share | 25.223 |
| Market Cap | 5,395,606,016 |
| Forward P/E | 13.05 |
| Beta | 1.30 |
| Profit Margins | -26.88% |
| Website | https://www.stepstonegroup.com |
As of July 11, 2026, 3:20 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (strikes 30, 40, 65) across multiple expirations, suggesting a fear of significant downside or a 'crash' scenario. Conversely, call activity is concentrated in deep out-of-the-money strikes (50, 75, 80), indicating speculative bets on a massive recovery or gap-up event rather than steady appreciation. The imbalance in put volume versus call volume for near-term dates suggests hedging or bearish sentiment dominates current positioning.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.76% | 3.31% | 2.88% | 2.86% |
| Date | Dividend | Yield % |
|---|---|---|
| 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 | -0.27255738 |
| Address1 | 277 Park Avenue |
| Address2 | 45th Floor |
| All Time High | 77.795 |
| All Time Low | 19.83 |
| Ask | 54.32 |
| Ask Size | 2 |
| Audit Risk | 6 |
| Average Analyst Rating | 1.5 - Strong Buy |
| Average Daily Volume10 Day | 1,672,500 |
| Average Daily Volume3 Month | 1,292,190 |
| Average Volume | 1,292,190 |
| Average Volume10Days | 1,672,500 |
| Beta | 1.302 |
| Bid | 30.71 |
| Bid Size | 2 |
| Board Risk | 10 |
| Book Value | -5.124 |
| City | New York |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 7 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 42.81 |
| Current Ratio | 0.819 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 43.6467 |
| Day Low | 42.23 |
| Debt To Equity | 147.327 |
| Display Name | StepStone |
| Dividend Date | 1,782,777,600 |
| Dividend Rate | 1.67 |
| Dividend Yield | 3.89 |
| Earnings Call Timestamp End | 1,779,310,800 |
| Earnings Call Timestamp Start | 1,779,310,800 |
| Earnings Timestamp | 1,779,307,200 |
| Earnings Timestamp End | 1,786,046,400 |
| Earnings Timestamp Start | 1,786,046,400 |
| Ebitda | -977,436,992 |
| Ebitda Margins | -0.49029 |
| Enterprise To Ebitda | -5.056 |
| Enterprise To Revenue | 2.479 |
| Enterprise Value | 4,941,572,608 |
| Eps Current Year | 2.43883 |
| Eps Forward | 3.2796 |
| Eps Trailing Twelve Months | -6.78 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,781,481,600 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 47.7588 |
| Fifty Day Average Change | -4.948799 |
| Fifty Day Average Change Percent | -0.10362068 |
| Fifty Two Week Change Percent | -27.255737 |
| Fifty Two Week High | 77.795 |
| Fifty Two Week High Change | -34.984997 |
| Fifty Two Week High Change Percent | -0.44970754 |
| Fifty Two Week Low | 38.85 |
| Fifty Two Week Low Change | 3.960003 |
| Fifty Two Week Low Change Percent | 0.10193058 |
| 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 | 2.28 |
| Float Shares | 69,156,737 |
| Forward Eps | 3.2796 |
| Forward P E | 13.053422 |
| Free Cashflow | 2,628,495,360 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 1,310 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | -0.41939998 |
| Gross Profits | -836,113,984 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.056950003 |
| Held Percent Institutions | 1.03141 |
| Implied Shares Outstanding | 126,036,105 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Ipo Expected Date | 2,020-09-16 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,781,481,600 |
| Last Dividend Value | 0.83 |
| 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 | 5,395,606,016 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_34231914 |
| Most Recent Quarter | 1,774,915,200 |
| Net Income To Common | -535,808,000 |
| Next Fiscal Year End | 1,806,451,200 |
| Non Diluted Market Cap | 3,496,693,101 |
| Number Of Analyst Opinions | 8 |
| Open | 42.86 |
| Operating Cashflow | 66,481,000 |
| Operating Margins | -0.03455 |
| Overall Risk | 9 |
| Payout Ratio | 1.6721001 |
| Phone | 212 351 6100 |
| Pre Market Change | 1.0299988 |
| Pre Market Change Percent | 2.405977 |
| Pre Market Price | 43.84 |
| Pre Market Time | 1,784,029,327 |
| Previous Close | 42.96 |
| Price Eps Current Year | 17.553501 |
| Price Hint | 2 |
| Price To Book | -8.354801 |
| Price To Sales Trailing12 Months | 2.7064598 |
| Profit Margins | -0.26876 |
| Quick Ratio | 0.815 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.5 |
| Region | US |
| Regular Market Change | -0.149998 |
| Regular Market Change Percent | -0.349157 |
| Regular Market Day High | 43.6467 |
| Regular Market Day Low | 42.23 |
| Regular Market Day Range | 42.23 - 43.6467 |
| Regular Market Open | 42.86 |
| Regular Market Previous Close | 42.96 |
| Regular Market Price | 42.81 |
| Regular Market Time | 1,783,972,801 |
| Regular Market Volume | 887,562 |
| Return On Assets | -0.11269 |
| Return On Equity | -0.55877 |
| Revenue Growth | 0.558 |
| Revenue Per Share | 25.223 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Share Holder Rights Risk | 4 |
| Shares Outstanding | 81,679,353 |
| Shares Percent Shares Out | 0.0679 |
| Shares Short | 5,542,955 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 5,281,461 |
| Short Name | StepStone Group Inc. |
| Short Percent Of Float | 0.078099996 |
| Short Ratio | 3.3 |
| Source Interval | 15 |
| State | NY |
| Symbol | STEP |
| Target High Price | 92.0 |
| Target Low Price | 50.0 |
| Target Mean Price | 68.25 |
| Target Median Price | 68.5 |
| Total Cash | 1,118,422,016 |
| Total Cash Per Share | 13.858 |
| Total Debt | 1,305,357,056 |
| Total Revenue | 1,993,602,944 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 1.08 |
| Trailing Annual Dividend Yield | 0.025139667 |
| Trailing Eps | -6.78 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 56.535 |
| Two Hundred Day Average Change | -13.724998 |
| Two Hundred Day Average Change Percent | -0.24276994 |
| Type Disp | Equity |
| Volume | 887,562 |
| Website | https://www.stepstonegroup.com |
| Zip | 10,172 |