FY2025 EPS Estimates for Burford Capital Cut by B. Riley

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

Separately, Wedbush raised Burford Capital to an "outperform" rating and set a $18.00 price objective for the company in a report on Wednesday, June 11th.

Burford Capital Stock Performance

Shares of BUR stock opened at $14.17 on Thursday. Burford Capital has a 52 week low of $10.70 and a 52 week high of $15.73. The company has a market capitalization of $3.10 billion, a price-to-earnings ratio of 15.24 and a beta of 0.67. The company has a 50-day simple moving average of $13.14 and a 200 day simple moving average of $13.54. The company has a debt-to-equity ratio of 0.56, a quick ratio of 13.27 and a current ratio of 13.27.

Burford Capital (NYSE:BUR - Get Free Report) last posted its quarterly earnings results 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). Burford Capital had a net margin of 33.41% and a return on equity of 6.41%. The company had revenue of $118.86 million during the quarter, compared to the consensus estimate of $157.00 million.

Insider Transactions at Burford Capital

In other news, President Aviva O. Will sold 17,500 shares of Burford Capital stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $14.60, for a total transaction of $255,500.00. Following the completion of the transaction, the president directly owned 293,479 shares in the company, valued at $4,284,793.40. This trade represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David Perla sold 7,000 shares of the company's stock in a transaction dated Wednesday, July 9th. The stock was sold at an average price of $14.60, for a total transaction of $102,200.00. Following the completion of the sale, the insider directly owned 80,172 shares of the company's stock, valued at $1,170,511.20. The trade was a 8.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 444,500 shares of company stock worth $6,489,700 in the last three months. Insiders own 8.90% of the company's stock.

Institutional Investors Weigh In On Burford Capital

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BUR. Contrarian Capital Management L.L.C. purchased a new stake in shares of Burford Capital in the first quarter worth $32,586,000. Cooke & Bieler LP bought a new position in Burford Capital in the 1st quarter worth about $24,761,000. Breach Inlet Capital Management LLC purchased a new stake in shares of Burford Capital in the 4th quarter valued at about $12,147,000. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Burford Capital by 22.8% during the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,727,735 shares of the company's stock valued at $47,529,000 after acquiring an additional 691,269 shares during the last quarter. Finally, Orbis Allan Gray Ltd lifted its position in Burford Capital by 10.3% during the first quarter. Orbis Allan Gray Ltd now owns 7,235,504 shares of the company's stock valued at $95,581,000 after purchasing an additional 677,271 shares during the last quarter.

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.

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