Burford Capital Limited, together with its subsidiaries, provides investment capital, asset management, financing, and risk solutions for the legal sector in Guernsey and internationally. The company offers law firm and business solutions, including litigation finance, portfolio financing, risk management, insurance, asset recovery, international arbitration, insolvency and bankruptcy, competition and antitrust, intellectual property, and post-settlement and monetization solutions, as well as legal finance and advisory services. The company was incorporated in 2009 and is based in Saint Peter Port, Guernsey.
IPO Year: 2020
Exchange: NYSE
Website: burfordcapital.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/6/2024 | $18.00 | Buy | Deutsche Bank |
| 6/22/2023 | Buy | Berenberg | |
| 5/13/2022 | $15.00 | Buy | B. Riley Securities |
6-K - Burford Capital Ltd (0001714174) (Filer)
6-K - Burford Capital Ltd (0001714174) (Filer)
6-K - Burford Capital Ltd (0001714174) (Filer)
6-K - Burford Capital Ltd (0001714174) (Filer)
6-K - Burford Capital Ltd (0001714174) (Filer)
6-K - Burford Capital Ltd (0001714174) (Filer)
6-K - Burford Capital Ltd (0001714174) (Filer)
6-K - Burford Capital Ltd (0001714174) (Filer)
6-K - Burford Capital Ltd (0001714174) (Filer)
6-K - Burford Capital Ltd (0001714174) (Filer)
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. Christopher Bogart, Chief Executive Officer of Burford Capital, commented: "We are having a great year as we enjoy the long-awaited momentum in the portfolio. We have generated $556 million in Burford-only cash receipts YTD24 and $310 million just in 3Q24, setting
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. The filing pertains to one motion filed in the Petersen and Eton Park matters as part of the overall, ongoing effort to enforce the judgment against the Argentine Republic. The filing does not reflect DOJ's tak
NEW YORK, Oct. 28, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces that it will release its financial results for the three and nine months ended September 30, 2024 ("3Q24") on Thursday, November 7, 2024, at 7.00am EST / 12.00pm GMT. Burford will hold a conference call for investors and analysts at 10.00am EST / 3.00pm GMT on Thursday, November 7, 2024. 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 1730316. To minimize the risk of delayed acce
NEW YORK, Oct. 17, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford" or the "Company"), the leading global finance and asset management firm focused on law, today announces certain information in connection with its 2025 annual general meeting (the "2025 AGM"). As previously disclosed in a report on Form 6-K furnished to the US Securities and Exchange Commission (the "SEC") on August 5, 2024, the Company has determined that, effective as of January 1, 2025, it will no longer qualify as a "foreign private issuer", as defined under the US Securities Exchange Act of 1934, as amended (the "Exchange Act"), and will be considered a US domestic issuer. The Company expects to hold the 2025 AGM
Growth in awareness and use of "corporate finance for law" reinforced in data and in interviews with global law firm lawyers NEW YORK, Oct. 1, 2024 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, has grown significantly since its founding in 2009. As part of ongoing recognition of the growth in legal finance and Burford's industry leadership as it celebrates its 15th anniversary, it today shares data from its own performance and releases new research based on one-on-one phone interviews with senior lawyers at global law firms who have a front seat to growing awareness and use of legal finance by their clients and firms.
NEW YORK, Sept. 26, 2024 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases its latest Burford Quarterly, a journal of legal finance that explores the top trends at the nexus of law and finance. Coinciding with Burford's 15th anniversary, this Burford Quarterly examines the evolution of the legal finance industry over the last decade-and-a-half and highlights the benefits of legal finance for businesses. Articles in the Burford Quarterly 4 2024 include: Burford at 15: Charting the next chapter Since its founding
NEW YORK, Sept. 25, 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 September 23, 2024, it has issued 8,629 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 September 20, 2024. Application will be made for these 8,629 new Shares to be admitted to trading on the AIM market of the London Stock Exchange plc. The expected date of admission is October 1, 2024. These 8,629 new Shares will also be listed on the New
Cumulative amount earmarked for award-winning initiative now exceeds $300 million; nearly $170 million already committed during first two phases of The Equity Project NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, is doubling down on its commitment to addressing the lack of diversity in the leadership of commercial litigation and arbitration. In announcing the third phase of its award-winning Equity Project, Burford is earmarking an additional $150 million to fund commercial matters with a female or racially diverse lawyer in a leadership role, bringing its cumulative funds earmarked for this initiative to more t
NEW YORK, Sept. 16, 2024 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today announces that Travis Lenkner has rejoined the company as a member of its Management Committee in the newly created role of Chief Development Officer. Based in London, Mr. Lenkner is focused on Burford's future and its ongoing transformation of the legal industry. His responsibilities involve identifying and executing strategic initiatives that drive growth and align with the company's long-term objectives, and his areas of focus include law firm
Burford's deep bench of management talent continues to grow and evolve NEW YORK, Sept. 11, 2024 /PRNewswire/ -- Today marks the 15th anniversary of the founding of Burford Capital, the leading global finance and asset management firm focused on law. In just 15 years, Burford has gone from a single $130 million investment fund to a $7.4 billion industry leader – with a 27x increase in its market capitalization. Burford is fortunate to have a deep and continually growing bench of talented professionals from the world's leading law firms and companies; we report below on the late
3/A - Burford Capital Ltd (0001714174) (Issuer)
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. Christopher Bogart, Chief Executive Officer of Burford Capital, commented: "We are having a great year as we enjoy the long-awaited momentum in the portfolio. We have generated $556 million in Burford-only cash receipts YTD24 and $310 million just in 3Q24, setting
NEW YORK, Oct. 28, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces that it will release its financial results for the three and nine months ended September 30, 2024 ("3Q24") on Thursday, November 7, 2024, at 7.00am EST / 12.00pm GMT. Burford will hold a conference call for investors and analysts at 10.00am EST / 3.00pm GMT on Thursday, November 7, 2024. 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 1730316. To minimize the risk of delayed acce
NEW YORK, Aug. 8, 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 six months ended June 30, 2024. In addition, Burford has made available an accompanying three and six months ended June 30, 2024 results presentation and capital provision-direct and capital provision-indirect asset data tables on its website at http://investors.burfordcapital.com. Christopher Bogart, Chief Executive Officer of Burford Capital, commented: "Burfor
NEW YORK, July 31, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces that it will release its financial results for the three and six months ended June 30, 2024 ("2Q24") on Thursday, August 8, 2024, at 7.00am EDT / 12.00pm BST. Burford will hold a conference call for investors and analysts at 10.00am EDT / 3.00pm BST on Thursday, August 8, 2024. 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 36518. To minimize the risk of delayed access, particip
NEW YORK, May 20, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, is pleased to announce that all of the resolutions proposed at its annual general meeting held on May 15, 2024 were approved by shareholders, including, among others, the approval of a final dividend of 6.25¢ (United States cents) per ordinary share to be paid on June 14, 2024 to all ordinary shareholders on the register of members at the close of business on May 24, 2024. The votes received are detailed below: Ordinary resolutions To
NEW YORK, May 13, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces its first quarter 2024 results. In addition, Burford has made available an accompanying first quarter 2024 results presentation on its website at http://investors.burfordcapital.com. Christopher Bogart, Chief Executive Officer of Burford Capital, commented:"Our first quarter showed our highest ever reported level of first quarter cash receipts, above-average realized gains, continued case conclusions with loss levels below historical experience and moderate new business activity broadly consistent with a typical first quarter. Total
NEW YORK, May 8, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces that it will release its financial results for the three months ended March 31, 2024 ("1Q24") on Monday, May 13, 2024, at 7.00am EDT / 12.00pm BST. Burford will hold a conference call for investors and analysts at 8.00am EDT / 1.00pm BST on Monday, May 13, 2024. 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 7684047. To minimize the risk of delayed access, participants are urged to di
NEW YORK, March 18, 2024 /PRNewswire/ -- Burford Capital Limited (the "Company"), the leading global finance and asset management firm focused on law, today announces a share repurchase program for the Company's ordinary shares, no par value per share ("Ordinary Shares"), with authorization to repurchase up to a maximum aggregate amount of £5.0 million (the "Program") in connection with future obligations under the Company's deferred compensation plan (the "Deferred Compensation Plan"). It has been the Company's practice to purchase Ordinary Shares in the open market from time to time in connection with the Company's obligations under its employees' share schemes. About the Program The Prog
NEW YORK, March 14, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces its fourth quarter and full year 2023 results. In addition, Burford has made available an accompanying fourth quarter and full year 2023 results presentation, a shareholder letter and capital provision-direct and capital provision-indirect asset data tables on its website at http://investors.burfordcapital.com. Christopher Bogart, Chief Executive Officer of Burford Capital, commented: "Burford had an extraordinary year. Our earnings per share rose 19x to $2.74, driven by a tripling of consolidated total revenues to $1.1 billion in
NEW YORK, March 7, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces that it will release its financial results for the year ended December 31, 2023 ("FY23") and the three months ended December 31, 2023 ("4Q23") on Thursday, March 14, 2024, at 7.00am EDT / 11.00am GMT. Burford will hold a conference call for investors and analysts at 8.00am EDT / 12.00pm GMT on Thursday, March 14, 2024. 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 9722470. To minim
NEW YORK, July 9, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, is pleased to announce that, on July 1, 2024, the audit committee (the "Audit Committee") of Burford's board of directors (the "Board") has approved, and the Board has ratified, the appointment of KPMG LLP ("KPMG") as Burford's independent registered public accounting firm. KPMG will review Burford's consolidated financial statements for the three and nine months ending September 30, 2024 and will audit Burford's consolidated financial statements for the fiscal year ending December 31, 2024.
Marks the first entry of legal finance—an emerging asset class—to the Indexes NEW YORK, May 28, 2024 /PRNewswire/ -- Burford Capital, the leading global finance firm focused on law, is expected to join the broad-market Russell 3000® and small-cap Russell 2000® Indexes at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective after the US market opens on July 1, 2024, according to a preliminary list of additions posted on May 24, 2024. Burford is the first legal finance firm to be listed on the New York Stock Exchange and the first legal finance firm expected to join the Russell 3000® and 2000® Indexes. Legal finance is an emerging asset class generally uncorrelated to
NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, is pleased to announce the appointment of Pamela Beth Corrie as an independent non-executive director. Ms. Corrie (66) has significant experience at the nexus of finance and law. She is a seasoned Board director with insight garnered from involvement with a number of growth companies operating at varying stages of development. In addition, she brings expertise in providing oversight of and advisory services on the design and execution of corporate change programs as both an independent director and counsel. For 12 years, Ms. Corrie was a General Counsel at GE
GUERNSEY / ACCESSWIRE / August 9, 2022 / Burford Capital Limited, the leading global finance and asset management firm focused on law, is pleased to announce the appointment of Dr. Rukia Baruti as an independent non-executive director.Dr. Baruti is the Secretary General of the African Arbitration Association and an experienced independent arbitrator. She is admitted as a solicitor in England and Wales and previously practiced commercial and arbitration law in London. She is also the founder of Africa International Legal Awareness, a non-profit organization dedicated to advancing African involvement in the international legal community, and a co-founder of the African Arbitration Association,
GUERNSEY / ACCESSWIRE / May 20, 2022 / Burford Capital Limited, the leading global finance and asset management firm focused on law, is pleased to announce that all of the resolutions proposed at its annual general meeting held on May 18, 2022 were approved by shareholders, including, among others, the approval of a final dividend of 6.25 US cents per ordinary share to be paid on June 17, 2022 to all ordinary shareholders on the register of members at the close of business on May 27, 2022 and the appointment of Christopher Halmy as a new director.The votes received are detailed below:Ordinary ResolutionsTotal votes forTotal votes againstTotal votes withheld1. To receive the accounts for the
NEW YORK, April 30, 2021 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announced the appointment of Kenneth A. Brause as Chief Financial Officer, effective May 3, 2021. Mr Brause will be based in Burford's New York office. Jim Kilman, Burford's current CFO, was appointed in August 2019 to serve for up to two years, after having previously served as Senior Advisor since 2017. Working with a leading executive search firm, Burford undertook a broad and thorough search for Mr Kilman's successor late last year. After reviewing a number of qualified candidates, Mr Brause emerged clearly as Burford's preferred choice given his de
BURFORD CAPITAL APPOINTS ANDREA MULLER NON-EXECUTIVE DIRECTOR LONDON, UK / ACCESSWIRE / December 21, 2020 / Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces the appointment with immediate effect of Andrea Muller as a non-executive director. Ms. Muller (61) is an accomplished international finance professional who came to the financial services industry after more than a decade at global law firm Shearman & Sterling, where she was a European partner. Most recently, Ms. Muller was an Executive Director and Global Head Institutional Business at Principal Global Investors, where she was previously CEO of Asia. Before that, Ms. Mulle
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Deutsche Bank initiated coverage of Burford Capital with a rating of Buy and set a new price target of $18.00
Berenberg resumed coverage of Burford Capital with a rating of Buy
B. Riley Securities initiated coverage of Burford Capital with a rating of Buy and set a new price target of $15.00
Wedbush initiated coverage of Burford Capital with a rating of Outperform and set a new price target of $15.00
Canaccord Genuity upgraded Burford Capital from Sell to Hold
Burford Capital, the leading global finance firm focused on law, is expected to join the broad-market Russell 3000® and small-cap Russell 2000® Indexes at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective after the US market opens on July 1, 2024, according to a preliminary list of additions posted on May 24, 2024. Burford is the first legal finance firm to be listed on the New York Stock Exchange and the first legal finance firm expected to join the Russell 3000® and 2000® Indexes. Legal finance is an emerging asset class generally uncorrelated to market conditions or the performance of the overall economy.
U.S. stock futures were slightly higher this morning, with the Dow futures gaining around 20 points on Tuesday. Shares of TeraWulf Inc. (NASDAQ:WULF) fell sharply in today's pre-market trading after the company reported downbeat results for its first quarter on Monday. The Bitcoin mining company reported quarterly losses of 3 cents per share which missed the analyst consensus estimate of earnings of 4 cents per share. Quarterly revenue came in at $42.433 million, missing the analyst consensus estimate of $51.092 million, according to data from Benzinga Pro. TeraWulf shares tumbled 9.3% to $2.03 in pre-market trading. Here are some big stocks recording losses in today's pre-market
U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 50 points on Monday. Shares of Seritage Growth Properties (NYSE:SRG) fell sharply in today's pre-market trading after the company reported a loss for the first quarter. The company posted a quarterly loss of 36 cents per share, versus a year-ago loss of $1.13 per share, according to data from Benzinga Pro. Seritage Growth Properties shares dipped 23.6% to $7.12 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. Vitesse Energy, Inc. (NYSE:VTS) shares declined 10.2% to $21.64 in pre-market trading. Vitesse Energy, last week, posted downbeat qu
Burford Capital (NYSE:BUR) reported quarterly earnings of $2.74 per share which beat the analyst consensus estimate of $2.17 by 26.27 percent. The company reported quarterly sales of $1.087 billion which beat the analyst consensus estimate of $772.600 million by 40.69 percent. This is a 240.51 percent increase over sales of $319.227 million the same period last year.
Companies Reporting Before The Bell • Pharming (NASDAQ:PHAR) is projected to report earnings for its fourth quarter. • ImmunoPrecise Antibodies (NASDAQ:IPA) is likely to report quarterly loss at $0.07 per share on revenue of $4.50 million. • G-III Apparel Group (NASDAQ:GIII) is projected to report quarterly earnings at $0.67 per share on revenue of $817.48 million. • Dick's Sporting Goods (NYSE:DKS) is estimated to report quarterly earnings at $3.35 per share on revenue of $3.80 billion. • Protalix BioTherapeutics (AMEX:PLX) is likely to report quarterly loss at $0.03 per share on revenue of $5.80 million. • Hello Gr (NASDAQ:MOMO) is likely to report quarterly earnings at $0.34 per sha
The Ross School of Business at the University of Michigan hosted the expanded Maize and Blue Stock Pitch Competition on Feb. 9, welcoming an impressive lineup of eight final contestants, an increase from the previous year. This competition, sponsored by William Blair & Company, Philadelphia Financial Management of San Francisco and Thrivent Financial, provided a platform for students from diverse academic backgrounds to exercise their stock analysis skills and pitch investment ideas to seasoned professionals. While previously restricted to only Maize and Blue Endowment Fund members within the Ross School, the competition expanded to allow students from different disciplines to compete and
Burford Capital announces the pricing of its private offering of $275.0 million aggregate principal amount of additional 9.250% senior notes due 2031 (the "Additional Notes") by its indirect, wholly owned subsidiary, Burford Capital Global Finance LLC (the "Issuer"), which represents an increase from the previously announced offering size. There is $400.0 million aggregate principal amount of the Issuer's 9.250% senior notes due 2031 (the "Initial Notes") outstanding as of the date hereof. The Additional Notes will initially be offered to investors at an offering price equal to 103.625% of the principal amount thereof, plus accrued interest from January 1, 2024, representing a yield to wors