How Investors May Respond To StepStone Group (STEP) Earnings Miss, Dividend Hike and Private Wealth Buy-In
StepStone Group reported a Q1 2026 revenue increase but also a widened net loss. Despite the earnings miss, the company raised its quarterly dividend and moved to buy in its Private Wealth profits interest, aiming to better align shareholder economics and convert fundraising into sustainable profits. This has created a trade-off between supporting the share price, absorbing restructuring costs, and proving the Private Wealth push's efficiency, with some analysis suggesting an inflated share price compared to its estimated value.
StepStone Group (STEP) On Mixed Earnings And What That Means For Valuation
StepStone Group (STEP) reported mixed Q1 2026 results with increased revenue but a wider net loss, leading to a reassessment of its stock valuation. The company's price-to-sales (P/S) ratio of 1.9x suggests it is overvalued compared to an estimated fair P/S of 0.9x, despite being cheaper than many industry peers. Continued net losses and weak one-year share price performance could pressure sentiment if revenue growth doesn't translate into profitability.
StepStone Group (STEP) Stock Drops As SPW Funding Risk Clouds Fee Growth
StepStone Group's stock dropped almost 8% due to concerns over Private Wealth (SPW) funding risks, despite strong fee-related earnings. While fee revenue and adjusted net income improved, the company reported a widened GAAP net loss of US$116 million, largely due to accounting for the SPW buy-in. The market is reacting to the potential need for debt or equity issuance to cover a significant SPW obligation, which could dilute shareholders and increase financial risk.
StepStone Group reports Q1 FY2027: Total revenues $378.9M, ANI $60.3M, declares $0.33 quarterly dividend
StepStone Group announced its Q1 FY2027 results, reporting total GAAP revenues of $378.9 million and an adjusted net income (ANI) of $60.3 million. The company declared a quarterly cash dividend of $0.33 per Class A share, payable on September 15, 2026. Key business highlights include an increase in fee-earning AUM to $153.6 billion and total capital responsibility reaching approximately $913.2 billion as of June 30, 2026.
StepStone Group Reports First Quarter Fiscal Year 2027 Results
StepStone Group Inc. (Nasdaq: STEP) reported its first quarter fiscal year 2027 results for the period ending June 30, 2026. The firm announced a quarterly cash dividend of $0.33 per share of Class A common stock and provided access to a detailed presentation of its results on its website. Management will host a webcast and conference call to discuss these results.
StepStone Group Inc: StepStone Group Reports First Quarter Fiscal Year 2027 Results
StepStone Group Inc. (Nasdaq: STEP) has reported its financial results for the first quarter of fiscal year 2027, which ended on June 30, 2026. The company's Board of Directors declared a quarterly cash dividend of $0.33 per share of Class A common stock, payable on September 15, 2026. StepStone also announced that it was responsible for approximately $913 billion of total capital as of June 30, 2026, including $245 billion of assets under management.
StepStone Group Reports First Quarter Fiscal Year 2027 Results
StepStone Group Inc. reported its first quarter fiscal year 2027 results for the period ending June 30, 2026. The company declared a quarterly cash dividend of $0.33 per share of Class A common stock. Management will host a webcast and conference call on August 6, 2026, at 5:00 pm ET to discuss these results, which are detailed in a presentation available on their website.
StepStone Group (STEP) sees Millennium entities report 6.8% Class A ownership
Several Millennium-affiliated entities and Israel A. Englander have filed an updated Schedule 13G/A, reporting their ownership of StepStone Group Inc.'s Class A common stock. Integrated Core Strategies (US) LLC holds 6.0% of the class with shared voting and dispositive power, while Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander each report 6.8% ownership with shared voting and dispositive power. The filing clarifies that no sole voting or dispositive power is held by the reporting persons, and the securities are subject to the investment discretion of Millennium Management LLC and potentially other managers.
StepStone Group schedules its next results webcast for Aug. 6
StepStone Group (NASDAQ: STEP) announced it will release its financial results for the first quarter of fiscal year 2027, covering the period ended June 30, 2026, after the market closes on Thursday, August 6, 2026. Management will host a webcast and conference call at 5:00 p.m. ET on the same day to discuss the results. As of March 31, 2026, StepStone managed approximately $885 billion in total capital, including $233 billion in assets under management.
STEP | StepStone Group Inc. Class Executive Compensation
This article provides an overview of executive compensation for StepStone Group Inc. (STEP), noting that the highest-paid executive received an estimated compensation of -- in --. It also estimates the median employee salary at $177,731. The page further offers various financial data, institutional holdings, insider trading information, and analyst ratings for STEP stock, along with information about the company's operations and market presence.
StepStone Group Inc. SEC Filing (Jul 21, 2026)
This article reports on an ARS filing by StepStone Group Inc. (NASDAQ: STEP) on July 21, 2026, which was accepted by the SEC EDGAR system. The filing is an ARS type, indicating a low impact and neutral sentiment. The article also provides a brief overview of StepStone Group, including its market cap, float, industry, and recent news and SEC filings.
What StepStone Group (STEP)'s Strong Quarter And Reaffirmed Dividend Mean For Shareholders
StepStone Group (STEP) recently announced strong quarterly results and reaffirmed its dividend, despite facing a decline in revenue and a net loss of US$535.81 million. While management has shown a willingness to return capital through dividends and buybacks, the company's ongoing losses and insider sales raise concerns for investors. Simply Wall St's analysis suggests the stock might be overvalued, contrasting with some analyst targets.
Cryptocurrency Theft Is Rising—Are Crypto Holders Losing Confidence?
Cryptocurrency theft is on the rise, with over $1.3 billion lost across 344 blockchain incidents in the first half of 2026, leading many to lose faith in holding digital assets. CertiK's report highlights that the second quarter saw the most significant losses and that law enforcement recovery of stolen funds is rare. Ethereum remains the most targeted blockchain, with attacks becoming more frequent and financially destructive.
How StepStone’s Broad Russell Value Index Additions Could Reframe the Investment Lens for STEP Investors
StepStone Group Inc. has been added to several Russell value benchmarks in late June 2026, significantly increasing its visibility among institutional investors. Despite this, the company faces challenges including substantial losses, uncovered dividends, and governance concerns. While the index inclusion may attract capital, the article suggests that the current stock price might be inflated and highlights the importance of considering multiple perspectives before investing.
StepStone Stock Falls After Hunterbrook Short Report Flags $2.3 Billion Liability
StepStone Group Inc. (NASDAQ: STEP) shares dropped after Hunterbrook Media published a short report. The report highlights a potential $2.3 billion liability related to a mandatory buyout option for StepStone Private Wealth (SPW), the firm's retail private-markets platform, which is controlled by CH Equity Partners. Hunterbrook suggests StepStone might need to dilute shareholders or raise debt to cover this obligation, while StepStone refutes the valuation analysis.
Problems at StepStone ($STEP)
StepStone ($STEP) is facing a potential liquidity crisis due to an obligation to buy out a stake in its retail arm, StepStone Private Wealth (SPW), for an estimated $2.3 billion. This buyout price is driven by a formula tied to SPW's paper marks, including performance fees on unrealized gains in private companies like SpaceX, at a valuation multiple significantly higher than StepStone's own public market valuation. To settle this liability, StepStone will likely need to dilute shareholders or issue new debt, raising concerns about the true value of its assets and the impact on existing investors.
StepStone Group, Inc. Class A Actuals & Estimates (MUN:5JI)
This article provides financial actuals and estimates for StepStone Group, Inc. Class A (MUN:5JI) stock, discussing its stock ticker, forecast, historical prices, and upcoming earnings reports. It details recent earnings per share, revenue, net income, and EBITDA, along with employee numbers, offering investors a comprehensive financial overview.
StepStone Group (STEP) Stock Looks Pricey Even After Its PitchBook Benchmarking Launch
StepStone Group (STEP) recently launched its SPI Deal Benchmarking solution with PitchBook, yet its stock performance has been soft, with a 15.41% drop over 30 days and 31.75% year-to-date decline. Despite trading below
Did StepStone’s New PitchBook Analytics Partnership Quietly Reframe Its Edge in Private Markets (STEP)?
StepStone Group Inc. recently launched SPI Deal Benchmarking in partnership with PitchBook, a solution offering institutional-grade analytics for private market investors. This collaboration aims to monetize StepStone's data and enhance client engagement, potentially influencing its investment narrative despite recent losses and stock underperformance. While short-term catalysts include capital return and managing earnings volatility, the sustainability of dividends and buybacks amidst unprofitability and client adoption of new tools remain key risks.
StepStone Group head of strategy McCabe acquires $5.02m in shares
Michael I. McCabe, StepStone Group Inc.'s head of strategy and a director, recently acquired 120,000 shares of the company's Class A Common Stock for approximately $5.02 million. This significant insider purchase occurred despite the stock trading near its 52-week low. Analysts predict the company will be profitable this year, and McCabe now holds substantial direct and indirect shares across both Class A and Class B Common Stock.
StepStone Group (STEP) Head of Strategy adds 120,000 Class A shares
Michael I. McCabe, Head of Strategy and a director at StepStone Group Inc. (STEP), purchased 120,000 shares of Class A Common Stock through open-market transactions on June 11, 2026. These purchases, totaling over $5 million, significantly increased his direct and indirect holdings in the company. The insider buying signals increased personal confidence in the stock, as open-market buys typically indicate a capital commitment rather than routine stock transactions.
A Look At StepStone Group (STEP) Valuation As Sector Pressures Follow Higher Treasury Yields
StepStone Group (STEP) is experiencing a share price pullback due to higher Treasury yields, which are pressuring asset managers. The stock's current Price-to-Sales (P/S) ratio of 1.8x is considered overvalued compared to its fair P/S of 0.9x, despite being lower than the industry average. Investors are advised to review the data, consider potential warning signs, and explore other investment opportunities as the company also faces annual revenue contraction and a net loss.
StepStone Increases Ownership in Key Investment Platforms - The Globe and Mail
StepStone Group has increased its ownership in several key investment platforms, including its real estate, real assets, and private debt entities, by acquiring an additional 5% stake in each. This transaction, valued at approximately $10 million in cash plus stock and partnership units, further consolidates StepStone's control, bringing its total ownership to about 65% in each entity. Despite a "Neutral" rating from TipRanks' AI Analyst, citing financial quality concerns, analysts have a "Buy" rating on StepStone stock with a $79.00 price target.
StepStone Group completes third exchange for additional asset class equity interests
StepStone Group Inc. (NASDAQ:STEP) announced the completion of its third exchange to acquire additional equity interests in three asset class entities: StepStone Group Real Estate LP, StepStone Group Real Assets LP, and StepStone Group Private Debt AG. Following this transaction, StepStone Group LP now holds approximately 65% of the outstanding equity in each of these entities. The consideration involved cash, shares of StepStone’s Class A common stock, and Class D units of the partnership.
StepStone group co-COO Fernandez sells $9.6m in shares
Jose A. Fernandez, Co-Chief Operating Officer of StepStone Group Inc. (NASDAQ:STEP), sold approximately $9.61 million worth of Class A Common Stock between June 1 and June 3, 2026, through a Rule 10b5-1 trading plan. These sales occurred as STEP shares experienced significant pressure, trading near their 52-week low, though InvestingPro analysis suggests the stock is undervalued. Despite the insider sales, StepStone Group recently reported strong financial results for Q4 fiscal 2026, with increased fee-related earnings and adjusted net income exceeding estimates.
StepStone group co-COO Fernandez sells $9.6m in shares
Jose A. Fernandez, Co-Chief Operating Officer of StepStone Group Inc., sold approximately $9.61 million worth of Class A Common Stock between June 1 and June 3, 2026. These sales, executed via a Rule 10b5-1 trading plan, occurred as the company's shares faced pressure, declining 16.6% recently. Despite the insider sales, StepStone Group reported strong Q4 fiscal 2026 results with increased fee-related earnings and an adjusted net income exceeding consensus estimates.
Trust linked to StepStone (STEP) Co‑COO sells 202,290 Class A shares under 10b5‑1 plan
A trust linked to Jose A. Fernandez, Co-Chief Operating Officer of StepStone Group Inc. (STEP), sold a total of 202,290 Class A shares between June 1-3, 2026. These transactions, executed under a Rule 10b5-1 trading plan, occurred at weighted average prices ranging from $42.64 to $50.59. Following these sales, Fernandez directly holds 16,538 Class A shares and maintains indirect holdings of Class B Common Stock through a trust and Santaluz Capital Partners, LLC.
StepStone Group completes third exchange for additional asset class equity interests
StepStone Group announced the completion of its third exchange to acquire additional equity interests in three of its asset class entities: StepStone Group Real Estate LP, StepStone Group Real Assets LP, and StepStone Group Private Debt AG. This transaction, finalized on May 29, increases StepStone Group LP's holdings to approximately 65% in each entity. The consideration involved cash, Class A common stock, and Class D units.
StepStone Group completes third exchange for additional asset class equity interests
StepStone Group Inc. announced the completion of its third exchange to acquire additional equity interests in its Real Estate, Real Assets, and Private Debt LPs. This transaction, finalized on May 29, increased StepStone Group LP's holdings to approximately 65% in each entity for a consideration of cash, Class A common stock, and Class D units. Despite a recent stock decline, the company reported strong Q4 fiscal 2026 fee-related earnings, though it incurred a GAAP net loss due to fair value adjustments.
StepStone (NASDAQ: STEP) uses cash and equity in 2026 exchange to reach 65% stakes
StepStone Group Inc. has increased its ownership stakes in its real estate, real assets, and private debt subsidiaries (SRE, SRA, and SPD) to approximately 65% each. This was achieved through a third exchange transaction, involving a payment of about $10 million in cash and the issuance of 972,685 shares of Class A common stock and 2,438,273 Class D Units. These securities were issued in private, unregistered transactions, deepening StepStone's control over its key affiliates.
Assessing StepStone Group (STEP) Valuation After Recent Share Price Pullback
StepStone Group (STEP) has experienced a recent share price pullback, with its stock down over the past week and month, despite a longer-term gain over three years. The company is currently unprofitable, reporting a loss of $535.808 million on revenues of $1.994 billion, and its Price-to-Sales (P/S) ratio of 2x appears overvalued compared to its estimated fair P/S of 0.9x. This analysis suggests investors should carefully consider the implications of its current valuation and recent performance.
StepStone Group (Nasdaq:STEP) - Stock Analysis
This Simply Wall St stock analysis provides a detailed overview of StepStone Group (STEP). It highlights the company's financial performance, valuation, future growth prospects, dividend sustainability, and recent news including Q1 2026 results and several new appointments. The report notes the company is currently undervalued by analysts but faces challenges with declining earnings and dividend coverage, alongside significant insider selling.
StepStone Group Inc. FY 2026: Revenue $1.99B, EPS ($6.78) — 10-K Summary
StepStone Group Inc. reported its fiscal year 2026 results, showing a significant increase in revenue to $1.99 billion, up 69.7% year-over-year. Despite the revenue growth, the company recorded a net loss of ($535.81 million) and a diluted EPS of ($6.78). This performance was detailed in their 10-K filing, highlighting growth in fee-earning AUM and total capital, alongside expansion of their global footprint.
Crossing US$100 Million Fee Earnings Could Be A Game Changer For StepStone Group (STEP)
StepStone Group (STEP) recently reported Q4 2026 revenues of US$588.58 million and a net loss of US$7.79 million, also announcing its first quarter with over US$100 million in fee-related earnings. The company affirmed a quarterly dividend of US$0.28 and declared a special dividend of US$0.55 per share, highlighting growth in fee-earning assets and strong demand from individual investors in its private markets platform. Despite ongoing losses, these milestones, coupled with capital returns, signal management confidence and could reshape the investment narrative for the private-markets platform, although the scale of losses remains a key risk.
Alger Weatherbie Specialized Growth Fund Holds StepStone Group (STEP) Despite Challenges
The Alger Weatherbie Specialized Growth Fund maintained its position in StepStone Group Inc. (NASDAQ: STEP) during Q1 2026, despite the stock detracting from performance due to lower performance-related earnings and broader market concerns. The fund believes StepStone's expanding platform, growing private wealth business, and client relationships position it for durable fee-related earnings growth. StepStone was held by 57 hedge funds at the end of Q4 2025 and specializes in private market investments.
StepStone Expands Retirement Push With New Defined Contribution Leadership Hire
StepStone Group has appointed Taylor Benson as Head of U.S. Defined Contribution to expand private market access for U.S. retirement plans, focusing on private equity, infrastructure, and private debt through collective investment trusts. This move targets the growing demand for broader asset class exposure in employer-sponsored retirement accounts. While StepStone trades below analyst targets, investors should monitor the effectiveness of this expansion in boosting profitability amidst existing weak earnings trends.
Alger Weatherbie Specialized Growth Fund Holds StepStone Group (STEP) Despite Challenges
The Alger Weatherbie Specialized Growth Fund maintained its position in StepStone Group Inc. (NASDAQ: STEP) despite underperforming the Russell 2500 Growth Index in Q1 2026 due to challenges like lower performance-related earnings and broader market concerns. The fund believes StepStone's expanding platform, growing private wealth business, and strong client relationships will drive durable fee-related earnings growth. StepStone Group is a global private markets investment firm with a market capitalization of $6.74 billion.
Analysts Offer Insights on Financial Companies: Hagerty Inc Class A (HGTY) and StepStone Group (STEP)
J.P. Morgan analysts have provided insights on two financial companies: Hagerty Inc Class A (HGTY) and StepStone Group (STEP). Pablo Singzon maintained a "Hold" rating on Hagerty with a $12.00 price target, reflecting a current consensus of "Hold" and a 13.2% upside. Ken Worthington maintained a "Buy" rating on StepStone Group with a $79.00 price target, aligning with a "Strong Buy" consensus and a 29.4% upside.
StepStone Group (STEP) Losses Deepen Despite US$6.78 TTM EPS Shortfall Reinforcing Bearish Narratives
StepStone Group (STEP) reported a Q4 FY 2026 basic EPS loss of US$0.10 and a cumulative TTM EPS loss of US$6.78, despite significant revenue and an increase in assets under management (AUM) to US$144.0 billion. The company's continued losses, growing at an average rate of 76.6% per year over the past five years, are seen as reinforcing bearish narratives, even as its P/S ratio is lower than peers. Analysts also project a 6.4% per year revenue decline over the next three years, raising concerns about the sustainability of its dividend yield which is not covered by earnings or free cash flow.
StepStone (NASDAQ: STEP) grows FY 2026 AUM and fees but posts GAAP loss
StepStone Group Inc. reported strong revenue and AUM growth for FY 2026, with total revenues increasing by 70% to $1,993.6 million and assets under management reaching $233.3 billion. Despite this, the company posted a significant GAAP net loss of $535.8 million, largely due to non-cash equity-based compensation and unrealized carried interest. Non-GAAP measures, however, showed healthier underlying performance, with fee-related earnings up 14% and adjusted net income rising 8%.
StepStone Group Reports Fourth Quarter and Fiscal Year 2026 Results
StepStone Group Inc. announced its financial results for the fourth quarter and fiscal year ended March 31, 2026, reporting significant increases in total revenues and performance fees compared to the previous year. The company declared a quarterly cash dividend of $0.28 per share and a supplemental cash dividend of $0.55 per share. Management will host a webcast and conference call to discuss these results further.
StepStone Group Q4 Earnings Call Highlights
StepStone Group reported record fee-related earnings and fundraising in its fiscal Q4 2026, despite a GAAP net loss of $7.8 million due to accounting for private wealth profits interests. On an adjusted basis, net income was $69 million. The firm saw significant growth in fee-earning assets and capital formation, with strong demand in private wealth and credit.
StepStone Group reports Q4 FY2026: Total revenues $588.6M, AUM $233.3B, declares $0.83 total dividend
StepStone Group announced its Q4 FY2026 results, with total revenues reaching $588.6 million and assets under management (AUM) growing to $233.3 billion. The company declared a total dividend of $0.83 per share, consisting of a quarterly cash dividend of $0.28 and a supplemental cash dividend of $0.55. Additionally, StepStone's total capital responsibility stood at approximately $885 billion, reflecting significant growth in its advisory and management scope.
StepStone Group Reports Fourth Quarter and Fiscal Year 2026 Results
StepStone Group Inc. reported its financial results for the fourth quarter and fiscal year ended March 31, 2026. The company declared a quarterly cash dividend of $0.28 per share and a supplemental cash dividend of $0.55 per share, both payable on June 30, 2026. Management will host a webcast and conference call on May 20, 2026, to discuss the results.
StepStone declares $0.28 quarterly and $0.55 supplemental payout
StepStone Group (NASDAQ: STEP) has reported its fourth quarter and fiscal year 2026 results and declared a quarterly cash dividend of $0.28 per Class A share, alongside a supplemental dividend of $0.55 per Class A share. These dividends are payable on June 30, 2026, to shareholders of record as of June 15, 2026. The company will host an earnings webcast and conference call on May 20, 2026, at 5:00 p.m. ET to discuss these results.
Transcript: StepStone Group Q4 2026 Earnings Conference Call
StepStone Group reported a GAAP net loss of $7.8 million for Q4 2026, stemming primarily from accounting for changes in fair value of private wealth profits interests. Despite this, the company achieved record fee-related earnings of $105 million, a 12% increase from the prior year, and generated nearly $14 billion in capital formation. Management expressed optimism for sustained growth in fiscal 2027, driven by strategic investments in data and technology as well as strong demand for its client-centric private wealth offerings.
Does StepStone’s PitchBook Benchmarking Partnership Redefine Its Data Advantage And Moat For STEP Investors?
StepStone Group Inc. has partnered with PitchBook to integrate its proprietary deal-level benchmarks, aiming to enhance transparency and benchmarking in private markets by combining StepStone's performance data with PitchBook's extensive private capital data. This collaboration reinforces StepStone’s data and analytics narrative but is not expected to significantly impact near-term financials or profitability, with other factors like capital raising and margin progress being more immediate catalysts. The article also notes that StepStone's stock valuation may be considered expensive, with some sources suggesting a fair value significantly lower than current market levels.
Assessing StepStone Group (STEP) Valuation As New PitchBook Partnership Draws Attention
StepStone Group (STEP) has partnered with PitchBook to distribute its private markets data, leading to renewed investor interest despite a negative year-to-date share price return. While the stock trades at a significant discount to analyst targets, its valuation based on a price-to-sales ratio suggests overvaluation, especially given the company's current losses and modest revenue growth forecasts. Investors are advised to conduct further due diligence on the company's financial health and valuation signals.
5JI Stock Price and Chart — MUN:5JI
This page provides a comprehensive overview of StepStone Group, Inc. Class A (5JI) stock traded on the Munich Stock Exchange, including its current market status, financial key stats, upcoming earnings, and analyst forecasts. It details the company's profile as a private markets investment firm and lists various ETFs holding the stock. The article also includes a Q&A section addressing common queries about 5JI's ticker, forecast, financial reports, earnings dates, revenue, net income, dividends, employees, and EBITDA.
Number of shareholders of StepStone Group, Inc. Class A – MUN:5JI
This article from TradingView provides a financial data page for StepStone Group, Inc. Class A (MUN:5JI) on the Munich Stock Exchange. It focuses on the number of shareholders, indicating a section where "Period," "Value," "Change," and "Change %" would be displayed if data were available. The page also includes various links to other TradingView features and legal information.
