StepStone Group (STEP) to Release Quarterly Earnings on Thursday

StepStone Group (NASDAQ:STEP) is expected to announce its Q1 2027 results after the market closes on Thursday, August 6th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $309.3160 million for the quarter. Parties can check the company’s upcoming Q1 2027 earning summary 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 earnings results on Wednesday, May 20th. The company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.06. StepStone Group had a negative net margin of 26.88% and a positive return on equity of 37.69%. The business had revenue of $305.84 million for the quarter, compared to the consensus estimate of $292.11 million. During the same period in the previous year, the company earned $0.68 earnings per share. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. 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 Trading Down 3.7%

NASDAQ STEP opened at $43.00 on Thursday. The firm has a market capitalization of $5.13 billion, a P/E ratio of -6.32 and a beta of 1.31. The firm’s fifty day moving average price is $44.67 and its two-hundred day moving average price is $51.53. StepStone Group has a 1 year low of $38.85 and a 1 year high of $77.79.

StepStone Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a dividend of $0.28 per share. The ex-dividend date was Monday, June 15th. This represents a $1.12 annualized dividend and a dividend yield of 2.6%. StepStone Group’s payout ratio is currently -16.47%.

Wall Street Analyst Weigh In

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

Insider Buying and Selling at StepStone Group

In related news, insider Michael I. Mccabe acquired 120,000 shares of the firm’s stock in a transaction on Thursday, June 11th. The shares were purchased at an average cost of $41.85 per share, for a total transaction of $5,022,000.00. Following the completion of the acquisition, the insider directly 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 purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Jose A. Fernandez sold 100,000 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $48.60, for a total transaction of $4,860,000.00. Following the completion of the transaction, the chief operating officer directly owned 102,290 shares in the company, valued at $4,971,294. The trade was a 49.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 15.70% of the stock is owned by insiders.

Hedge Funds Weigh In On StepStone Group

Institutional investors and hedge funds have recently made changes to their positions in the company. Quadrant Capital Group LLC increased its stake in shares of StepStone Group by 27.1% during the fourth quarter. Quadrant Capital Group LLC now owns 1,423 shares of the company’s stock worth $91,000 after purchasing an additional 303 shares during the period. Mackenzie Financial Corp lifted its holdings in StepStone Group by 7.5% during the 3rd quarter. Mackenzie Financial Corp now owns 4,409 shares of the company’s stock worth $288,000 after purchasing an additional 307 shares during the last quarter. Quarry LP boosted its stake in StepStone Group by 155.7% in the 3rd quarter. Quarry LP now owns 514 shares of the company’s stock valued at $34,000 after purchasing an additional 313 shares during the period. Maryland State Retirement & Pension System boosted its stake in StepStone Group by 3.1% in the 4th quarter. Maryland State Retirement & Pension System now owns 10,716 shares of the company’s stock valued at $688,000 after purchasing an additional 327 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey grew its holdings in StepStone Group by 1.9% in the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 19,070 shares of the company’s stock valued at $1,224,000 after buying an additional 354 shares in the last quarter. Institutional investors and hedge funds own 55.54% of the company’s stock.

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.