Burford CapitalBUR
BUR
About: Burford Capital Ltd is a finance firm providing litigation finance, insurance, and risk transfer, law firm lending, corporate intelligence and judgment enforcement, and a wide range of investment activities. It operates in two segments: Capital provision, which is the provision of capital to the legal industry or in connection with legal matters, both directly and through investment in the group's managed funds; Asset management and other services, which includes the provision of services to the legal industry, including litigation insurance; and other corporate. The geographical segments include the United States, United Kingdom, Singapore, Hong Kong, China, and, Australia.
Employees: 161
0
Funds holding %
of 6,810 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
28% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 46
6% more funds holding
Funds holding: 156 [Q2] → 166 (+10) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 11 [Q2] → 11 (+0) [Q3]
1.53% less ownership
Funds ownership: 54.17% [Q2] → 52.63% (-1.53%) [Q3]
31% less capital invested
Capital invested by funds: $8.13B [Q2] → $5.63B (-$2.5B) [Q3]
75% less call options, than puts
Call options by funds: $5M | Put options by funds: $19.8M
Research analyst outlook
We haven’t received any recent analyst ratings for BUR.
Financial journalist opinion
Neutral
PRNewsWire
2 weeks ago
Issuance Of New Ordinary Shares In Connection With LTIP
NEW YORK , Dec. 27, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces that, in connection with the Burford Capital 2016 Long Term Incentive Plan (the "LTIP"), on December 23, 2024, it has issued 528 new ordinary shares, no par value per share ("Shares"), to satisfy the vesting of restricted stock units pursuant to the realization of awards under the LTIP on December 20, 2024. Application will be made for these 528 new Shares to be admitted to trading on the AIM market of the London Stock Exchange plc.
Positive
Zacks Investment Research
1 month ago
Wall Street Analysts See a 45.49% Upside in Burford Capital (BUR): Can the Stock Really Move This High?
The consensus price target hints at a 45.5% upside potential for Burford Capital (BUR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Positive
Seeking Alpha
1 month ago
Burford Capital: Solid Progress This Quarter
Burford Capital's Q3 2024 results show strong realized gains and cash receipts, with capital provision income tripling year-over-year on a Burford-only basis. Net realized gains reached record annual levels, despite only nine months of data, while cumulative IRR slightly decreased to 26% due to COVID-19 delays. Asset management income remains weak, but management promises future improvement; new commitments and deployments are trending lower, though Q4 is expected to be stronger.
Neutral
PRNewsWire
1 month ago
New Burford Capital Research Reveals how Businesses are Preparing for Likely Rise in Global Energy Transition Disputes
Nearly two in three GCs expect legal fees and expenses to exceed $4 million per energy transition case NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases new research entitled "Energy transition disputes: GCs and senior lawyers on the business impacts of legal challenges to come," which demonstrates how businesses are preparing for a likely rise in legal disputes related to the global energy transition. This transition―or the shift to renewable sources of energy―is likely to cause an increase in expensive commercial disputes.
Positive
Zacks Investment Research
1 month ago
Wall Street Analysts Think Burford Capital (BUR) Could Surge 42.55%: Read This Before Placing a Bet
The mean of analysts' price targets for Burford Capital (BUR) points to a 42.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Neutral
Seeking Alpha
2 months ago
Burford Capital Limited (BUR) Q3 2024 Earnings Call Transcript
Burford Capital Limited (NYSE:BUR ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Christopher Bogart - Chief Executive Officer Jonathan Molot - Chief Investment Officer Jordan Licht - Chief Financial Officer Conference Call Participants Mark DeVries - Deutsche Bank AG Alexander Bowers - Barenberg Julian Roberts - Jefferies Operator Thank you for standing by and welcome to the Burford Capital's Third Quarter 2024 Financial Results Conference call. All lines have been placed on mute to prevent any background noise.
Neutral
PRNewsWire
2 months ago
Pound Sterling Conversion Rate for 2024 Interim Dividend
NEW YORK , Nov. 8, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces the pound sterling conversion rate for its previously declared interim dividend for the year ending December 31, 2024 of 6.25 US cents per ordinary share to be paid on December 5, 2024 to shareholders of record as of November 1, 2024. For shareholders electing to receive their dividend in pound sterling, the interim dividend is 4.845352 pence per ordinary share, based on the exchange rate of £1 = US$1.289896 set on November 6, 2024.
Positive
Zacks Investment Research
2 months ago
Burford Capital Limited (BUR) Q3 Earnings and Revenues Beat Estimates
Burford Capital Limited (BUR) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $1.22 per share a year ago.
Neutral
PRNewsWire
2 months ago
Burford Capital Reports Third Quarter 2024 Results
NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces its unaudited financial results at and for the three and nine months ended September 30, 2024. In addition, Burford has made available an accompanying three and nine months ended September 30, 2024 results presentation on its website at http://investors.burfordcapital.com.
Neutral
PRNewsWire
2 months ago
Burford Statement re YPF Matter
NEW YORK , Nov. 7, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, has noted inaccurate media reporting and subsequent market reaction to an expected court filing last night by the U.S. Department of Justice ("DOJ") in the Petersen and Eton Park matters. The filing in the U.S. District Court for the Southern District of New York restates DOJ's position on a narrow question of law in relation to enforcement of judgments.
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