Streetbeat News

BUR

Burford Capital Limited

https://www.burfordcapital.com

Industry

Asset Management

Burford Capital Limited, through its subsidiaries, provides legal finance products and services. The company offers asset management services, including core legal finance, complex strategies, and post-settlement finance. The company was incorporated in 2009 and is based in Saint Peter Port, Guernsey.

Open

13.50

Mkt cap

2.8B

Volume

823K

High

13.64

P/E Ratio

7.76

52-wk high

16.77

Low

12.83

Div yield

0.01

52-wk low

12.07

Wall Street analysts have set a consensus price target for Burford Capital (BUR), indicating a potential 45.5% upside. Despite skepticism about the effectiveness of price targets, positive earnings estimate revisions suggest a possible near-term stock price increase.

Portfolio Pulse from

November 29, 2024 | 4:15 pm

Burford Capital's Q3 2024 results highlight strong realized gains and cash receipts, with capital provision income tripling year-over-year. Despite a slight decrease in cumulative IRR, net realized gains reached record levels. Asset management income is weak, but improvements are expected.

Portfolio Pulse from

November 14, 2024 | 8:45 pm

Wall Street analysts have set a mean price target for Burford Capital (BUR) that suggests a potential 42.6% upside. Despite the historical inaccuracy of such metrics, the consensus among analysts in raising earnings estimates supports a positive outlook for BUR.

Portfolio Pulse from

November 11, 2024 | 4:15 pm

Burford Capital Limited held its Q3 2024 earnings call, discussing financial results and company performance. Key participants included the CEO, CFO, and CIO, with analysts from Deutsche Bank, Barenberg, and Jefferies attending.

Portfolio Pulse from

November 10, 2024 | 3:00 am

Burford Capital Limited has announced the pound sterling conversion rate for its interim dividend for 2024. The dividend of 6.25 US cents per share will be paid on December 5, 2024, with a conversion rate of 4.845352 pence per share for those opting for pound sterling.

Portfolio Pulse from

November 08, 2024 | 12:15 pm

Burford Capital Limited (BUR) reported Q3 earnings of $0.61 per share, surpassing the Zacks Consensus Estimate of $0.30. However, this is a decrease from last year's $1.22 per share.

Portfolio Pulse from

November 07, 2024 | 3:30 pm

Burford Capital Limited announced its unaudited financial results for the third quarter of 2024, highlighting its performance in the global finance and asset management sector focused on law.

Portfolio Pulse from

November 07, 2024 | 1:00 pm

Deutsche Bank has initiated coverage on Burford Capital with a Buy rating and set a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:38 am

Wedbush analyst David Chiaverini has reiterated an Outperform rating on Burford Capital (NYSE:BUR) and maintained a price target of $18.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2024 | 1:50 pm

Burford Capital (NYSE:BUR) reported Q2 2024 earnings per share (EPS) of $0.24, missing the analyst consensus estimate of $0.34 by 29.41%. However, the company reported quarterly sales of $159.653 million, beating the estimate of $153.000 million by 4.35%. This represents a significant improvement over the same period last year, with EPS increasing by 340% and sales by 258.36%.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 11:10 am

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