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

13.82

Mkt cap

3B

Volume

911K

High

13.89

P/E Ratio

21.03

52-wk high

16.77

Low

13.65

Div yield

0.01

52-wk low

12.07

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

Shares of companies within the broader financial sector are trading lower amid overall weakness following concerns about recently issued US economic data.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 2:52 pm

Burford Capital is expected to realize a gain from its investment in the arbitration process involving Sundance Resources and the Republic of Congo. A conditional settlement has been announced, potentially ending the dispute by the end of Q3. The original claim was over $8.5 billion.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 7:45 pm

Burford Capital is expected to join the Russell 3000 and 2000 Indexes at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective July 1, 2024. This marks a significant milestone as Burford is the first legal finance firm to achieve this.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 2:04 pm

TeraWulf Inc. reported disappointing Q1 results, leading to a 9.3% drop in pre-market trading. Other companies like StoneCo, TMC the metals company, MMTec, Kingsoft Cloud, Cognyte Software, Ginkgo Bioworks, Maplebear, and Burford Capital also saw pre-market declines after various announcements.

Portfolio Pulse from Avi Kapoor

May 14, 2024 | 9:24 am

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