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.
Burford Capital Stock Performance
Shares of BUR Stock opened at GBX 839 ($10.14) on Tuesday. The company has a market capitalization of £1.84 billion and a price-to-earnings ratio of -31.19. The company has a debt-to-equity ratio of 53.30, a quick ratio of 7.70 and a current ratio of 7.72. The company has a 50-day simple moving average of GBX 824.04 and a 200 day simple moving average of GBX 736.39. Burford Capital has a 52 week low of GBX 590 ($7.13) and a 52 week high of GBX 943.38 ($11.40).
Burford Capital Dividend Announcement
The business also recently announced a dividend, which will be paid on Thursday, December 1st. Investors of record on Thursday, November 3rd will be issued a dividend of $0.06 per share. This represents a dividend yield of 0.59%. The ex-dividend date is Thursday, November 3rd. Burford Capital's payout ratio is -0.70%.
Analysts Set New Price Targets
Separately, Berenberg Bank restated a "buy" rating and set a GBX 820 ($9.91) price objective on shares of Burford Capital in a research note on Monday, May 16th.