FY2025 EPS Estimates for Burford Capital Cut by B. Riley

Burford Capital Limited (NYSE:BUR) – Investment analysts at B. Riley lowered their FY2025 EPS estimates for Burford Capital in a research note issued on Tuesday, July 15th. B. Riley analyst R. Binner now expects that the company will post earnings of $1.00 per share for the year, down from their previous forecast of $1.31. The consensus estimate for Burford Capital’s current full-year earnings is $1.28 per share.

Burford Capital (NYSE:BUR) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.16). The company had revenue of $118.86 million for the quarter, compared to analysts’ expectations of $157.00 million. Burford Capital had a net margin of 33.41% and a return on equity of 6.41%.

Separately, Wedbush upgraded shares of Burford Capital to an “outperform” rating and set a $18.00 target price for the company in a research report on Wednesday, June 11th.

Burford Capital Stock Performance

Shares of NYSE BUR opened at $14.43 on Thursday. The firm has a 50 day moving average of $13.15 and a 200 day moving average of $13.56. The company has a current ratio of 13.27, a quick ratio of 13.27 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $3.16 billion, a price-to-earnings ratio of 15.52 and a beta of 0.67. Burford Capital has a 12-month low of $10.70 and a 12-month high of $15.73.

Hedge Funds Weigh In On Burford Capital

A number of hedge funds have recently modified their holdings of BUR. Charles Schwab Investment Management Inc. boosted its position in shares of Burford Capital by 0.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 482,061 shares of the company’s stock worth $6,146,000 after purchasing an additional 1,746 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Burford Capital by 9.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 68,455 shares of the company’s stock worth $887,000 after purchasing an additional 5,764 shares during the period. HighTower Advisors LLC boosted its position in shares of Burford Capital by 2.8% during the fourth quarter. HighTower Advisors LLC now owns 322,845 shares of the company’s stock worth $4,116,000 after acquiring an additional 8,808 shares during the last quarter. Swiss National Bank boosted its position in shares of Burford Capital by 0.5% during the fourth quarter. Swiss National Bank now owns 387,690 shares of the company’s stock worth $5,028,000 after acquiring an additional 2,093 shares during the last quarter. Finally, Cibc World Markets Corp bought a new position in shares of Burford Capital during the fourth quarter worth $239,000.

Insider Buying and Selling at Burford Capital

In related news, CIO Jonathan Todd Molot sold 210,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $14.60, for a total transaction of $3,066,000.00. Following the completion of the sale, the executive directly owned 3,406,625 shares in the company, valued at approximately $49,736,725. The trade was a 5.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Christopher P. Bogart sold 210,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 9th. The shares were sold at an average price of $14.60, for a total transaction of $3,066,000.00. Following the sale, the chief executive officer owned 278,862 shares of the company’s stock, valued at $4,071,385.20. This trade represents a 42.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 444,500 shares of company stock valued at $6,489,700. 8.90% of the stock is owned by corporate insiders.

Burford Capital Company Profile

Burford Capital Limited provides legal finance products and services worldwide. The company operates through two segments, Capital Provision, and Asset Management and Other Provision. The Capital Provision segment provides capital to the legal industry or in connection with legal matters directly and through investment in private funds; legal risk management services; lower risk legal finance business focusing on pre-settlement litigation matters with lower risk and lower expected returns; post-settlement finance; and complex strategies in which it acts as a principal and acquires assets that are mispriced.