Latest news with #BurfordCapital
Yahoo
22-05-2025
- Business
- Yahoo
Burford Capital's (NYSE:BUR) earnings growth rate lags the 19% CAGR delivered to shareholders
It hasn't been the best quarter for Burford Capital Limited (NYSE:BUR) shareholders, since the share price has fallen 15% in that time. But that doesn't change the fact that shareholders have received really good returns over the last five years. It's fair to say most would be happy with 130% the gain in that time. Generally speaking the long term returns will give you a better idea of business quality than short periods can. Ultimately business performance will determine whether the stock price continues the positive long term trend. While this past week has detracted from the company's five-year return, let's look at the recent trends of the underlying business and see if the gains have been in alignment. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Over half a decade, Burford Capital managed to grow its earnings per share at 3.1% a year. This EPS growth is lower than the 18% average annual increase in the share price. So it's fair to assume the market has a higher opinion of the business than it did five years ago. That's not necessarily surprising considering the five-year track record of earnings growth. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. It might be well worthwhile taking a look at our free report on Burford Capital's earnings, revenue and cash flow. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Burford Capital the TSR over the last 5 years was 142%, which is better than the share price return mentioned above. This is largely a result of its dividend payments! Investors in Burford Capital had a tough year, with a total loss of 5.4% (including dividends), against a market gain of about 11%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 19%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. Investors who like to make money usually check up on insider purchases, such as the price paid, and total amount bought. You can find out about the insider purchases of Burford Capital by clicking this link. Burford Capital is not the only stock that insiders are buying. For those who like to find lesser know companies this free list of growing companies with recent insider purchasing, could be just the ticket. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Mayor
20-05-2025
- Business
- Business Mayor
‘Fewer dollars' for UK economy as funder spurns English law
Fewer dollars are flowing into the UK economy due to uncertainty in the funding market, the chief of the world's biggest litigation funder warned today. Chris Bogart, chief executive of Burford Capital, said the economy was taking a hit as companies like Burford are no longer naming London as an arbitral seat or selecting English law as a dispute resolution mechanism in their international contracts. Bogart told journalists the government's failure to address problems posed by the PACCAR Supreme Court ruling was 'regrettable', and 'causing a problem for the London market'. He said: 'Look at all the mayhem that you're seeing from the tariffs from the US. Why are you seeing that? Because markets and businesses don't like such uncertainty. To invest, you have to have a higher level of certainty. What PACCAR , and the government non-response to it, has done is to create uncertainty. That means you're likely to see a lower allocation of capital to [that] market.' He added: 'The market-wide statistics that we've seen here bear that out. It's hard to get statistics on litigation funding, but [those] that are out there suggest there is less of it since PACCAR . And you've seen other demonstrable evidence of effects; for example Therium, a big London funder, the funder that did the sub-postmasters' case, has [made job losses]. So that's a sign that the market is not as healthy as you would like it to be.' Bogart added that before PACCAR , Burford named London as an arbitral seat and specified English law for all its international contracts. 'It didn't matter if it had anything to do with London; if we were going to do a financing agreement in, say, India or Dubai, we would try and have English law and London-seated arbitration. And now – we don't. We've stopped doing that. We've moved it to another jurisdiction, be it Singapore, Paris, New York. Because we have developed a less predictable dynamic here in this market, and that will mean fewer dollars flowing into the English economy, which is unfortunate because this is one of the major global centres for litigation and arbitration. And when you have losses like that, they take a long time to recover.' The Burford chief added: 'Clarity and predictability are an important part of law: it's not supposed to be something that's made up and new every time. If you have that kind of dynamic then it's harder to attract capital, it's harder to get cases to run. It was already hard enough in this market, because this is an expensive market. What is already happening in the UK is that you price the mid-sized case out of the market. And as you keep on making it more expensive, more difficult and more risky, you just keep on raising the bar for what kind of case is capable of getting funded.' Bogart also reflected on what he would like to see from the Civil Justice Council's current review of litigation funding. The CJC review will examine the need for tougher regulation of the sector, among other issues. He said: 'I'm hoping the CJC tells the government it's important to restore a degree of predictability and stability into the market. There's no need for a big regulatory apparatus here. The thing that people forget is that in most kinds of finance, regulation happens on a spot check-style level; and when you transact with your broker, the odds of that transaction being examined by the FCA [Financial Conduct Authority] are very, very small. [But] in litigation, there is a regulator in every single case. That's called the judge. Judges have broad powers to manage what goes on in the cases before them. 'So this is a solution in search of a problem. You haven't had any sort of history of problematic activity in the sector which warrants an intrusive regulatory response, so I hope that's the conclusion of the CJC, and that people will get back to business.'
Yahoo
14-05-2025
- Business
- Yahoo
MSCI changes Burford Capital country classification to USA from United Kingdom
NEW YORK, May 14, 2025 /PRNewswire/ -- Burford Capital Limited ("Burford" or the "Company"), the leading global finance and asset management firm focused on law, notes the announcement by MSCI for the purpose of its MSCI Global Standard Indexes of a change to the country classification of Burford Capital. Implemented as of the close on May 30, 2025, and effective June 2, 2025, Burford will be added to the MSCI USA Indexes and MSCI US Equity Standard and Small Cap Indexes and deleted from the MSCI United Kingdom Indexes. The change of Burford's country classification is expected to result in some rotation of passive holdings from the Company's London stock line to the New York stock line in the immediate term. About Burford Capital Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices. For more information, please visit This press release does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford. This press release does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, which acts as the fund manager of all Burford private funds, is registered as an investment adviser with the US Securities and Exchange Commission. The information provided in this press release is for informational purposes only. Past performance is not indicative of future results. The information contained in this press release is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including interests or shares in any of Burford private funds). Any such offer or solicitation may be made only by means of a final confidential private placement memorandum and other offering documents. Forward-looking statements This press release contains "forward-looking statements" within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended, that are intended to be covered by the safe harbor provided for under these sections. In some cases, words such as "aim", "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "guidance", "intend", "may", "plan", "potential", "predict", "projected", "should" or "will", or the negative of such terms or other comparable terminology, are intended to identify forward-looking statements. Although Buford believes that the assumptions, expectations, projections, intentions and beliefs about future results and events reflected in forward-looking statements have a reasonable basis and are expressed in good faith, forward-looking statements involve known and unknown risks, uncertainties and other factors, which could cause Burford's actual results and events to differ materially from (and be more negative than) future results and events expressed, projected or implied by these forward-looking statements. Factors that might cause future results and events to differ include, among others, those discussed in the "Risk Factors" section of Burford's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the US Securities and Exchange Commission on March 3, 2025. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements contained in the periodic and current reports that Burford files with or furnishes to the US Securities and Exchange Commission. Many of these factors are beyond Burford's ability to control or predict, and new factors emerge from time to time. Furthermore, Burford cannot assess the impact of each such factor on its business or the extent to which any factor or combination of factors may cause actual results and events to be materially different from those contained in any forward-looking statement. Given these uncertainties, readers are cautioned not to place undue reliance on Burford's forward-looking statements. All subsequent written and oral forward-looking statements attributable to Burford or to persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements speak only as of the date of this press release and, except as required by applicable law, Burford undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. View original content: SOURCE Burford Capital Sign in to access your portfolio
Associated Press
07-05-2025
- Business
- Associated Press
Burford Reports 1Q25 Financial Results
NEW YORK, May 7, 2025 /PRNewswire/ -- Burford Capital Limited ('Burford'), the leading global finance and asset management firm focused on law, today announces its unaudited financial results for the three months ended March 31, 2025 ('1Q25"). The full detailed presentation of Burford's 1Q25 financial results can be viewed at . Burford's Chief Executive Officer Christopher Bogart commented: 'Burford delivered robust first quarter results in what is typically a lighter seasonal period, demonstrating the continued momentum of our portfolio. Both new business and realization activity were well above first quarter levels in recent years, establishing a great start to the year. We believe the uncorrelated nature of legal finance positions our business to perform through the volatile and uncertain market environment that investors face today. We remain focused on the core drivers of shareholder value discussed at our recent 2025 Investor Day: Growing the platform, turning the current portfolio into cash realizations and generating attractive returns on capital.' Burford will hold a conference call for investors and analysts at 9.00am EDT / 2.00pm BST on Wednesday, May 7, 2025. For swift access to the conference call at the time of the event, pre-registration is encouraged at . The dial-in numbers for the conference call are +1 (646) 307-1963 (USA) or +1 (800) 715-9871 (USA & Canada toll free) / +44 (0)20 3481 4247 (UK) or +44 800 260 6466 (UK toll free), and the access code is 88185. To minimize the risk of delayed access, participants are urged to dial into the conference call by 8.40am EDT / 1.40pm BST. A live audio webcast and replay will also be available at , and pre-registration at that link is encouraged. For further information, please contact: Burford Capital Limited For investor and analyst inquiries: Americas: Josh Wood, Head of Investor Relations - email +1 212 516 5824 EMEA & Asia: Rob Bailhache, Head of EMEA & Asia Investor Relations - email +44 (0)20 3530 2023 For press inquiries: David Helfenbein, Senior Vice President, Public Relations - email +1 646 504 7074 Deutsche Numis - NOMAD and Joint Broker +44 (0)20 7260 1000 Giles Rolls Charlie Farquhar Jefferies International Limited - Joint Broker +44 (0)20 7029 8000 Graham Davidson James Umbers Berenberg – Joint Broker +44 (0)20 3207 7800 Toby Flaux James Thompson Yasmina Benchekroun About Burford Capital Burford Capital is the leading global finance and asset management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices. For more information, please visit . This press release does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford. This press release does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, which acts as the fund manager of all Burford private funds, is registered as an investment adviser with the US Securities and Exchange Commission. The information provided in this press release is for informational purposes only. Past performance is not indicative of future results. The information contained in this press release is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including interests or shares in any of Burford private funds). Any such offer or solicitation may be made only by means of a final confidential private placement memorandum and other offering documents. Forward-looking statements This press release contains 'forward-looking statements' within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended, that are intended to be covered by the safe harbor provided for under these sections. In some cases, words such as 'aim', 'anticipate', 'believe', 'continue', 'could', 'estimate', 'expect', 'forecast', 'guidance', 'intend', 'may', 'plan', 'potential', 'predict', 'projected', 'should' or 'will', or the negative of such terms or other comparable terminology, are intended to identify forward-looking statements. Although Buford believes that the assumptions, expectations, projections, intentions and beliefs about future results and events reflected in forward-looking statements have a reasonable basis and are expressed in good faith, forward-looking statements involve known and unknown risks, uncertainties and other factors, which could cause Burford's actual results and events to differ materially from (and be more negative than) future results and events expressed, projected or implied by these forward-looking statements. Factors that might cause future results and events to differ include, among others, those discussed in the 'Risk Factors' section of Burford's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the US Securities and Exchange Commission on March 3, 2025. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements contained in the periodic and current reports that Burford files with or furnishes to the US Securities and Exchange Commission. Many of these factors are beyond Burford's ability to control or predict, and new factors emerge from time to time. Furthermore, Burford cannot assess the impact of each such factor on its business or the extent to which any factor or combination of factors may cause actual results and events to be materially different from those contained in any forward-looking statement. Given these uncertainties, readers are cautioned not to place undue reliance on Burford's forward-looking statements. All subsequent written and oral forward-looking statements attributable to Burford or to persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements speak only as of the date of this press release and, except as required by applicable law, Burford undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. View original content to download multimedia: SOURCE Burford Capital Limited
Yahoo
07-05-2025
- Business
- Yahoo
Investors in Burford Capital (LON:BUR) have seen splendid returns of 126% over the past five years
When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really flourishing, you can make more than 100%. For instance, the price of Burford Capital Limited (LON:BUR) stock is up an impressive 115% over the last five years. It's also up 15% in about a month. But this could be related to good market conditions -- stocks in its market are up 7.1% in the last month. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. Our free stock report includes 1 warning sign investors should be aware of before investing in Burford Capital. Read for free now. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). During the last half decade, Burford Capital became profitable. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here. The graphic below depicts how EPS has changed over time (unveil the exact values by clicking on the image). AIM:BUR Earnings Per Share Growth May 7th 2025 It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. Dive deeper into the earnings by checking this interactive graph of Burford Capital's earnings, revenue and cash flow. What About Dividends? It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. As it happens, Burford Capital's TSR for the last 5 years was 126%, which exceeds the share price return mentioned earlier. And there's no prize for guessing that the dividend payments largely explain the divergence! A Different Perspective While the broader market gained around 5.3% in the last year, Burford Capital shareholders lost 18% (even including dividends). However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 18%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. Take risks, for example - Burford Capital has 1 warning sign we think you should be aware of.
