In the last trading session, 5.89 million shares of the Burford Capital Limited (NYSE:BUR) were traded, and its beta was 1.04. Most recently the company’s share price was $10.91, and it changed around -$1.73 or -13.69% from the last close, which brings the market valuation of the company to $2.39B. BUR currently trades at a discount to its 52-week high of $15.73, offering almost -44.18% off that amount. The share price’s 52-week low was $11.17, which indicates that the current value has fallen by an impressive -2.38% since then. We note from Burford Capital Limited’s average daily trading volume that its 10-day average is 1.57 million shares, with the 3-month average coming to 1.12 million.
Burford Capital Limited stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended BUR as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Burford Capital Limited is expected to report earnings per share of 0.36 for the current quarter.
Burford Capital Limited (NYSE:BUR) trade information
Instantly BUR has showed a red trend with a performance of -13.69% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 13.31 on recent trading dayincreased the stock’s daily price by 18.03%. The company’s shares are currently down -14.43% year-to-date, but still down -17.10% over the last five days. On the other hand, Burford Capital Limited (NYSE:BUR) is -20.01% down in the 30-day period. We can see from the shorts that 3.66 million shares have been sold at a short interest cover period of 2.99 day(s).
The consensus price target as assigned by Wall Street analysts is $18, which translates to bulls needing to increase their stock price by 39.39% from its current value. Analyst projections state that BUR is forecast to be at a low of $18 and a high of $18.
Burford Capital Limited (BUR) estimates and forecasts
The year-over-year growth rate is expected to be 46.08%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 159.02M in revenue for the current quarter. 2 analysts expect Burford Capital Limited to make 183.81M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 137.28M and 226.03M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 15.84%. Forecasts for the next quarter put sales growth at -18.68%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -7.52%. Burford Capital Limited earnings are expected to increase by 134.39% in 2025, but the outlook is positive 50.43% per year for the next five years.
BUR Dividends
Burford Capital Limited’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 1.15 percent and its annual dividend per share was 0.12. It is important to note, however, that the 1.15% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
Burford Capital Limited (NYSE:BUR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 9.23% of Burford Capital Limited shares, and 64.57% of them are in the hands of institutional investors. The stock currently has a share float of 71.14%. Burford Capital Limited stock is held by 294.0 institutions, with MITHAQ CAPITAL SPC being the largest institutional investor. By 2024-06-30, it held 4.8137% of the shares, which is about 10.54 million shares worth $137.6 million.
BLACKROCK INC., with 4.8029% or 10.52 million shares worth $137.3 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
