Burford Capital (BUR) to Release Earnings on Monday

Burford Capital (NYSE:BUR) is projected to issue its quarterly earnings data before the market opens on Monday, March 3rd. Analysts expect the company to announce earnings of $0.56 per share and revenue of $219.38 million for the quarter.

Burford Capital Stock Down 0.5 %

NYSE:BUR opened at $15.48 on Thursday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 15.75 and a current ratio of 15.75. The firm has a market cap of $3.39 billion, a P/E ratio of 13.34 and a beta of 0.58. Burford Capital has a fifty-two week low of $12.07 and a fifty-two week high of $16.77. The firm has a 50-day simple moving average of $13.87 and a two-hundred day simple moving average of $13.56.

Insider Transactions at Burford Capital

In other news, President Aviva O. Will sold 7,500 shares of the company’s stock in a transaction on Tuesday, January 28th. The stock was sold at an average price of $14.61, for a total value of $109,575.00. Following the completion of the sale, the president now directly owns 310,979 shares in the company, valued at $4,543,403.19. This represents a 2.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider David Perla sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $14.61, for a total value of $43,830.00. Following the completion of the transaction, the insider now directly owns 82,489 shares in the company, valued at $1,205,164.29. This trade represents a 3.51 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 100,500 shares of company stock worth $1,468,305 over the last three months. 0.19% of the stock is currently owned by company insiders.

Burford Capital Company Profile

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.