StepStone Group (STEP) Expected to Release Quarterly Earnings on Thursday

StepStone Group (NASDAQ:STEP) will likely be releasing 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. Investors are encouraged to explore the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.

StepStone Group (NASDAQ:STEP) last announced its earnings results on Wednesday, May 20th. The company reported $0.57 EPS for the quarter, beating the consensus estimate 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 company had revenue of $305.84 million during the quarter, compared to the consensus estimate of $292.11 million. During the same quarter in the prior year, the company posted $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 Stock Up 6.2%

StepStone Group stock opened at $46.59 on Tuesday. StepStone Group has a 52 week low of $38.85 and a 52 week high of $77.79. The company’s 50 day moving average price is $44.10 and its two-hundred day moving average price is $50.94. The stock has a market cap of $5.56 billion, a P/E ratio of -6.85 and a beta of 1.27.

StepStone Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Monday, June 15th. StepStone Group’s dividend payout ratio (DPR) is presently -16.47%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on STEP shares. Oppenheimer cut their price objective on StepStone Group from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Thursday, May 21st. Weiss Ratings reissued a “sell (d-)” rating on shares of StepStone Group in a report on Monday, July 20th. BMO Capital Markets reduced their price target on shares of StepStone Group from $62.00 to $50.00 and set an “outperform” rating for the company in a research report on Monday, July 13th. Barclays decreased their price objective on shares of StepStone Group from $62.00 to $60.00 and set an “overweight” rating for the company in a report on Thursday, July 9th. 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 equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $69.00.

Insider Activity

In other news, insider Michael I. Mccabe acquired 120,000 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was bought at an average cost of $41.85 per share, for a total transaction of $5,022,000.00. Following the completion of the transaction, the insider owned 433,178 shares of the company’s stock, valued at $18,128,499.30. The trade was a 38.32% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Jose A. Fernandez sold 100,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief operating officer directly owned 102,290 shares of the company’s stock, valued at approximately $4,971,294. This represents a 49.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 15.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On StepStone Group

A number of institutional investors and hedge funds have recently bought and sold shares of STEP. Abel Hall LLC purchased a new stake in shares of StepStone Group during the 4th quarter valued at $201,000. Empowered Funds LLC purchased a new stake in StepStone Group during the fourth quarter valued at about $136,000. PharVision Advisers LLC bought a new stake in StepStone Group during the third quarter worth about $202,000. Susquehanna Fundamental Investments LLC purchased a new position in shares of StepStone Group in the 3rd quarter worth about $221,000. Finally, Crossmark Global Holdings Inc. bought a new position in shares of StepStone Group during the 3rd quarter valued at about $206,000. 55.54% of the stock is owned by hedge funds and other institutional investors.

About StepStone Group

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.