FY2025 EPS Estimates for Burford Capital Cut by B. Riley

Burford Capital Limited (NYSE:BUR) – Analysts at B. Riley decreased their FY2025 EPS estimates for shares of Burford Capital in a research note issued to investors on Tuesday, July 15th. B. Riley analyst R. Binner now anticipates that the company will post earnings per share of $1.00 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.

Burford Capital (NYSE:BUR) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.14 earnings per share (EPS) 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 business had revenue of $118.86 million for the quarter, compared to analysts’ expectations of $157.00 million.

Separately, Wedbush raised shares of Burford Capital to an “outperform” rating and set a $18.00 price target for the company in a research report on Wednesday, June 11th.

Burford Capital Trading Up 2.0%

Shares of NYSE BUR opened at $14.43 on Thursday. Burford Capital has a 1 year low of $10.70 and a 1 year high of $15.73. The stock has a market cap of $3.16 billion, a P/E ratio of 15.52 and a beta of 0.67. The firm has a 50-day moving average of $13.15 and a 200 day moving average of $13.56. The company has a debt-to-equity ratio of 0.56, a current ratio of 13.27 and a quick ratio of 13.27.

Insider Activity

In other Burford Capital news, insider David Perla sold 7,000 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 value of $102,200.00. Following the completion of the transaction, the insider directly 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Christopher P. Bogart sold 210,000 shares of Burford Capital stock in a transaction dated Wednesday, July 9th. The stock was 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 directly owned 278,862 shares of the company’s stock, valued at $4,071,385.20. This trade represents a 42.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 444,500 shares of company stock valued at $6,489,700 over the last ninety days. 8.90% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Orbis Allan Gray Ltd raised its holdings in Burford Capital by 10.3% in the first quarter. Orbis Allan Gray Ltd now owns 7,235,504 shares of the company’s stock worth $95,581,000 after buying an additional 677,271 shares during the last quarter. Invesco Ltd. raised its holdings in Burford Capital by 0.8% in the first quarter. Invesco Ltd. now owns 4,527,180 shares of the company’s stock worth $59,804,000 after buying an additional 34,228 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of Burford Capital by 22.8% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 3,727,735 shares of the company’s stock valued at $47,529,000 after purchasing an additional 691,269 shares during the last quarter. Contrarian Capital Management L.L.C. purchased a new position in shares of Burford Capital during the first quarter valued at approximately $32,586,000. Finally, Sycale Advisors NY LLC raised its holdings in shares of Burford Capital by 5.3% during the fourth quarter. Sycale Advisors NY LLC now owns 2,157,950 shares of the company’s stock valued at $27,514,000 after purchasing an additional 107,983 shares during the last quarter.

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.