FY2027 EPS Estimates for Burford Capital Reduced by Analyst

Burford Capital Limited (NYSE:BUR) – Research analysts at Berenberg Bank decreased their FY2027 earnings per share estimates for shares of Burford Capital in a research report issued on Thursday, May 7th. Berenberg Bank analyst J. Allen now expects that the company will earn $1.43 per share for the year, down from their previous estimate of $1.45. The consensus estimate for Burford Capital’s current full-year earnings is ($0.67) per share. Berenberg Bank also issued estimates for Burford Capital’s FY2028 earnings at $1.60 EPS.

Burford Capital (NYSE:BUR) last released its earnings results on Friday, February 27th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of $0.37 by ($0.54). The firm had revenue of $48.78 million during the quarter, compared to analyst estimates of $168.30 million. Burford Capital had a net margin of 15.14% and a return on equity of 10.19%.

Several other equities research analysts have also recently commented on BUR. Deutsche Bank Aktiengesellschaft cut shares of Burford Capital from a “buy” rating to a “hold” rating and set a $5.00 price target for the company. in a research report on Monday. Bank of America began coverage on shares of Burford Capital in a report on Wednesday, February 18th. They set a “buy” rating for the company. Zacks Research raised Burford Capital from a “strong sell” rating to a “hold” rating in a research note on Friday. Wedbush raised their price target on Burford Capital from $4.75 to $5.00 and gave the stock a “neutral” rating in a research report on Monday. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Burford Capital in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $9.33.

Burford Capital Price Performance

Shares of BUR stock opened at $4.76 on Tuesday. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of -0.65 and a beta of 1.28. Burford Capital has a 12 month low of $3.59 and a 12 month high of $15.10. The company has a quick ratio of 10.93, a current ratio of 10.93 and a debt-to-equity ratio of 0.68. The stock has a 50-day moving average price of $6.03 and a 200 day moving average price of $8.19.

Hedge Funds Weigh In On Burford Capital

Institutional investors and hedge funds have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Burford Capital by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 119,261 shares of the company’s stock worth $1,575,000 after buying an additional 5,229 shares during the period. Millennium Management LLC grew its stake in Burford Capital by 2,967.7% in the first quarter. Millennium Management LLC now owns 657,283 shares of the company’s stock valued at $8,683,000 after acquiring an additional 635,857 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Burford Capital by 14.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,206,303 shares of the company’s stock worth $15,935,000 after acquiring an additional 152,792 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Burford Capital by 8.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 458,562 shares of the company’s stock worth $6,058,000 after purchasing an additional 35,541 shares during the period. Finally, Jane Street Group LLC raised its position in shares of Burford Capital by 369.9% during the first quarter. Jane Street Group LLC now owns 201,950 shares of the company’s stock worth $2,667,000 after purchasing an additional 158,973 shares during the period.

Burford Capital Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 22nd will be issued a $0.0625 dividend. The ex-dividend date is Friday, May 22nd. This represents a yield of 147.0%. Burford Capital’s dividend payout ratio (DPR) is -1.64%.

Burford Capital Company Profile

Burford Capital (NYSE: BUR) is a leading global finance firm that specializes in litigation and arbitration funding, risk management, and asset recovery. The company provides capital to law firms and corporate clients to finance legal fees and associated costs in commercial disputes. In exchange for funding, Burford shares in any awards or settlements, enabling clients to pursue meritorious claims without bearing upfront legal expenses.

Founded in 2009 by Christopher Bogart, Burford was among the first firms to establish a dedicated litigation finance business.