FY2025 EPS Estimates for Burford Capital Cut by Analyst

Burford Capital Limited (NYSE:BUR - Free Report) - Equities research analysts at B. Riley dropped their FY2025 EPS estimates for Burford Capital in a report issued on Tuesday, July 15th. B. Riley analyst R. Binner now expects that the company will earn $1.00 per share for the year, down from their prior forecast of $1.31. The consensus estimate for Burford Capital's current full-year earnings is $1.28 per share.

Several other brokerages have also issued reports on BUR. Wedbush upgraded shares of Burford Capital to an "outperform" rating and set a $18.00 target price on the stock in a research report on Wednesday, June 11th. Wall Street Zen downgraded shares of Burford Capital from a "buy" rating to a "hold" rating in a research note on Friday.

Burford Capital Stock Performance

BUR stock traded down $0.35 during midday trading on Thursday, hitting $14.05. 1,917,311 shares of the stock traded hands, compared to its average volume of 1,055,664. The firm has a market cap of $3.07 billion, a P/E ratio of 15.11 and a beta of 0.67. The company has a debt-to-equity ratio of 0.56, a current ratio of 13.27 and a quick ratio of 13.27. The stock's fifty day simple moving average is $13.15 and its 200-day simple moving average is $13.57. Burford Capital has a 1-year low of $10.70 and a 1-year high of $15.73.

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

Institutional Trading of Burford Capital

Several institutional investors and hedge funds have recently bought and sold shares of BUR. Clear Harbor Asset Management LLC raised its position in Burford Capital by 22.0% during the 2nd quarter. Clear Harbor Asset Management LLC now owns 37,835 shares of the company's stock worth $540,000 after buying an additional 6,835 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Burford Capital by 59.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 23,316 shares of the company's stock worth $332,000 after purchasing an additional 8,723 shares during the last quarter. Militia Capital Partners LP acquired a new stake in shares of Burford Capital during the 1st quarter worth about $793,000. Strs Ohio acquired a new stake in shares of Burford Capital during the 1st quarter worth about $55,000. Finally, Intech Investment Management LLC boosted its position in shares of Burford Capital by 56.4% in the first quarter. Intech Investment Management LLC now owns 114,080 shares of the company's stock worth $1,507,000 after acquiring an additional 41,145 shares during the last quarter.

Insider Buying and Selling at Burford Capital

In other Burford Capital news, 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 completion of the transaction, the chief executive officer owned 278,862 shares in the company, valued at $4,071,385.20. The trade was a 42.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider David Perla sold 7,000 shares of the company's stock in a transaction on Wednesday, July 9th. The shares were sold at an average price of $14.60, for a total transaction of $102,200.00. Following the completion of the transaction, the insider owned 80,172 shares of the company's stock, valued at approximately $1,170,511.20. The trade was a 8.03% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 444,500 shares of company stock worth $6,489,700. 8.90% of the stock is currently owned by company insiders.

About Burford Capital

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.