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Burford Capital LimitedNYSE:BUR Stock Report

Market Cap US$974.9m
Share Price
US$4.45
US$8.67
48.7% undervalued intrinsic discount
1Y-66.4%
7D-3.5%
1D
Portfolio Value
View

Burford Capital Limited

NYSE:BUR Stock Report

Market Cap: US$974.9m

BUR Community Fair Values

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Burford Capital Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Burford Capital
Historical stock prices
Current Share PriceUS$4.45
52 Week HighUS$15.10
52 Week LowUS$3.59
Beta1.06
1 Month Change-13.42%
3 Month Change-46.26%
1 Year Change-66.39%
3 Year Change-65.85%
5 Year Change-59.62%
Change since IPO105.69%

Recent News & Updates

Narrative Update Jun 06

BUR: Revised Profitability Assumptions Will Support Future Share Price Upside

Analysts have modestly trimmed their fair value estimate for Burford Capital to $8.67 from $8.94, reflecting updated assumptions around a very large revenue growth outlook, a lower discount rate, a higher future P/E multiple, and a reduced profit margin. What's in the News Recent analyst updates highlight changes to fair value assumptions for Burford Capital, based on revised expectations for revenue growth, discount rates, future P/E multiples, and profit margins.

Recent updates

Narrative Update Jun 06

BUR: Revised Profitability Assumptions Will Support Future Share Price Upside

Analysts have modestly trimmed their fair value estimate for Burford Capital to $8.67 from $8.94, reflecting updated assumptions around a very large revenue growth outlook, a lower discount rate, a higher future P/E multiple, and a reduced profit margin. What's in the News Recent analyst updates highlight changes to fair value assumptions for Burford Capital, based on revised expectations for revenue growth, discount rates, future P/E multiples, and profit margins.
Narrative Update Apr 24

BUR: Steady Buyback Progress Will Support Future Share Price Upside

Analysts have kept their price target for Burford Capital broadly steady at around $8.94, reflecting relatively unchanged views on fair value, profitability, and valuation multiples, despite only minor tweaks to discount rate and margin assumptions. What's in the News Burford Capital reported on its ongoing share repurchase activity, focusing on the buyback program announced on June 5, 2025 (Key Developments).
Narrative Update Apr 08

BUR: Lower Margin Outlook And Buyback Completion Will Support Future Share Gains

Analysts have revised their price target on Burford Capital from $16.77 to $8.94, as they now apply a lower future P/E multiple and factor in a slimmer profit margin outlook, while keeping revenue growth assumptions steady. What's in the News Burford Capital reported that from October 1, 2025 to December 31, 2025, it repurchased 0 shares for £0 million under its ongoing buyback program.
Seeking Alpha Mar 30

Burford Capital - We'll Have To See How Bad This Gets

Summary Burford Capital faces significant uncertainty after a $16B YPF case judgment was overturned on appeal, triggering a 40% stock price collapse. The magnitude of past revenue recognition from the YPF case—up to 65% of annual revenues—creates major valuation ambiguity and potential for material write-downs. BUR’s ability to issue new debt may be constrained if a material write-down reduces balance sheet equity below required levels under senior note covenants. With unresolved questions on true profitability and future case outcomes, I see the risk/reward as too speculative for a confident investment decision. Read the full article on Seeking Alpha
Narrative Update Mar 25

BUR: Steady Buybacks And Stable Assumptions Will Support Future Share Gains

Analysts have modestly adjusted their Burford Capital price target to reflect updated assumptions around discount rates and long term profitability, while keeping their overall valuation view broadly steady at about $16.77 per share. What's in the News Burford Capital reported that from October 1, 2025 to December 31, 2025, it repurchased 0 shares for £0 million under its ongoing buyback program.
Narrative Update Mar 08

BUR: Lower Discount Rate And Richer P/E Will Support Future Share Gains

Analysts have trimmed their price target on Burford Capital to $16.77 from $18.21, reflecting updated views on discount rates, expected revenue growth, profit margins, and a higher future P/E of 15.41. Valuation Changes Fair Value: Trimmed from $18.21 to $16.77, a reduction of about 8% in the modeled estimate.
Narrative Update Feb 19

BUR: Index Inclusion And Interim Dividend Will Support Future Share Gains

Analysts have reduced their price target for Burford Capital from $18.90 to $18.21 as they balance slightly higher revenue growth assumptions and a lower discount rate with modestly softer profit margin and future P/E expectations. Valuation Changes Fair Value: trimmed slightly from $18.90 to $18.21 per share.
Narrative Update Dec 10

BUR: Index Inclusion And Interim Dividend Will Support Long-Term Share Gains

Analysts have modestly increased their price target for Burford Capital, citing slightly higher required returns and largely unchanged growth and profitability assumptions that support a refined fair value estimate of approximately $18.90 per share. What's in the News Burford Capital has completed the repurchase of 29,227 shares for approximately £0.38 million under its June 5, 2025 buyback program, representing about 0.01% of shares outstanding (company filing).
Narrative Update Nov 26

BUR: Index Inclusion And Stable Dividend Will Support Long-Term Share Gains

Narrative Update on Burford Capital Analysts have maintained Burford Capital's fair value estimate at $18.90. Incremental improvements in the discount rate and future profitability metrics were not significant enough to warrant a price target revision.
Narrative Update Nov 11

BUR: Profit Margin Expansion And Upcoming Dividend Will Drive Share Appeal

Analysts have slightly raised their price target for Burford Capital from $18.70 to $18.90, citing improved profit margin expectations. This adjustment comes despite a minor uptick in the discount rate and steady revenue growth forecasts.
Analysis Article Oct 18

Burford Capital (NYSE:BUR) Is Paying Out A Dividend Of $0.0625

Burford Capital Limited's ( NYSE:BUR ) investors are due to receive a payment of $0.0625 per share on 4th of December...
Narrative Update Oct 16

Expanding Global Litigation Funding Will Unlock New Markets

Analysts have lowered their price target for Burford Capital from $19.70 to $18.70, citing a slightly higher discount rate and modest changes in future profit assumptions as key factors in their updated valuation. What's in the News A board meeting is scheduled for September 26, 2025, to consider an interim dividend of USD 6.25 cents per ordinary share for the year ending December 31, 2025 (Board Meeting).
Analysis Article Oct 02

Burford Capital (NYSE:BUR) Is Due To Pay A Dividend Of $0.0625

The board of Burford Capital Limited ( NYSE:BUR ) has announced that it will pay a dividend of $0.0625 per share on the...
Analysis Article Jul 23

Even With A 26% Surge, Cautious Investors Are Not Rewarding Burford Capital Limited's (NYSE:BUR) Performance Completely

Those holding Burford Capital Limited ( NYSE:BUR ) shares would be relieved that the share price has rebounded 26% in...
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New Narrative Jul 19

Litigation Finance Adoption And Global Diversification Will Unlock Potential

Growing acceptance of litigation finance and portfolio diversification positions the company for sustained revenue growth and margin expansion.
Seeking Alpha Apr 16

Burford Capital: The IMF And Argentina

Summary Litigation finance, exemplified by Burford Capital, is a viable business model, but timing income claims is contentious and affects market perception. Burford's $16 billion award against Argentina significantly impacts its valuation, but the likelihood of payment remains uncertain. Argentina's new IMF deal suggests easier market access but doesn't guarantee the settlement payment, potentially lowering Burford's immediate value. Despite Burford's solid business foundation, the uncertainty around the Argentine settlement makes going long on the stock less advisable. Read the full article on Seeking Alpha
Seeking Alpha Mar 03

Burford Capital: An Outstanding Litigation Finance Business With High Expected Value Returns

Summary Burford leads litigation finance with a 27% historical gross IRR, low loss rates, and significant insider ownership, making it a well-capitalized and sustainable business. Despite a share price decline in 2024, Burford's potential $6B payout from the YPF case could double its share value. Argentina's new president, Javier Milei, is implementing reforms and may resolve the YPF case, boosting Burford's prospects. Burford's ongoing high-value litigation finance business suggests the stock won't remain "dead money," with a potential step function increase in share price. Read the full article on Seeking Alpha
Seeking Alpha Feb 03

Burford Capital: Business Update YPF And Ex-YPF

Summary Burford Capital, a leader in litigation finance, funds commercial litigation for a share of settlements and generates fees as the largest asset manager in this niche. Despite a share price drop in 2024, Burford's fundamentals are improving, especially with the $6.8bn YPF claim against Argentina, which accrues $1.64/share annually. Burford's core business boasts an 84% return on capital and a 26% unlevered IRR, with a loss rate under 10%, showcasing impressive performance. Year-to-date, Burford realized $380mn from concluded matters, with a 98% return on capital, reinforcing its economic moat and reliability as a litigation partner. Read the full article on Seeking Alpha
Seeking Alpha Nov 14

Burford Capital: Solid Progress This Quarter

Summary 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. YPF case update hints at potential settlement, with Argentine officials admitting wrongdoing; liquidity remains high at $550 million, with expenses decreasing as expected. Read the full article on Seeking Alpha
Seeking Alpha Sep 22

Burford Capital: Serving Justice Pays Well

Summary Burford Capital offers a compelling investment with limited downside and substantial upside due to its strong track record and potential YPF-related payouts. The company bridges the gap between law firms and corporate clients by funding legal battles, monetizing legal claims, and generating high returns. Burford's impressive IRR of 27% and ROIC of 82% demonstrate its ability to create value for shareholders through successful litigation financing. Shares are a buy with price target of $18+. Read the full article on Seeking Alpha
Seeking Alpha Aug 15

Burford Capital: Investors Are Getting Paid To Wait

Summary Given its niche investment category, funding mix, and irregular cash flow profile, Burford is one of the more misunderstood companies we have studied. Burford has been able to generate attractive risk-adjusted returns in legal finance. We believe this competitive advantage is slowly materializing as a greater portion of Burford's recent investments resulted favorably in settlement. Read the full article on Seeking Alpha
Seeking Alpha May 01

Greenhaven Road Capital - Burford Capital: YPF Case Payout Is A '$6.2B Holding'

Summary Burford's largest “holding” is a judgement against Argentina related to the YPF case, for which Burford is in charge of pursuing the payout. If Burford were to collect the full $6.2B (not including post-judgement interest accruing at ~5% per year), this windfall would be worth $28 per share. While the YPF judgment is a massive asset for Burford, it is far from the only case that should start gaining more traction in the near term. Read the full article on Seeking Alpha
Seeking Alpha Mar 20

Will Argentina Pay Burford, And When?

Summary Burford Capital's stock appears undervalued after a big legal win in a case against Argentina. But, the stock's value remains dependent on receiving payment. The new Argentine President is hesitant to pay. Asset seizures have been hard to implement successfully against Argentina in the past, as NML's experience shows. Nonetheless, it appears that Burford will ultimately get paid at least some of what it is owed, and that may be sufficient to help the stock to rally materially. This is in part because a successful YPF outcome helps validate Burford's overall business model, and so has value beyond any specific proceeds Burford may receive. Still, any Argentine payment could be years away, so patience is needed. Fortunately, the business may perform well in the interim. Read the full article on Seeking Alpha
Seeking Alpha Jan 09

Chris DeMuth Sure Likes Uranium And SHF Holdings + 3 Litigation Ideas

Summary Chris DeMuth Jr. discusses his position in uranium and his belief that nuclear energy will play a significant role in the future of energy production. He also updates us on SHF Holdings, a fintech company serving the cannabis industry, and predicts its growth potential in the coming years. 3 litigation ideas for the year: Liquidia, Roivant, and Burford Capital; potential outcomes and value propositions. Read the full article on Seeking Alpha
Seeking Alpha Dec 11

Burford Capital: A Cheap Moat With A Cherry On Top

Summary Burford is the global leader in litigation financing with over $7 billion in available funds, offering a strong business model and track record. The recent favorable ruling on the YPF case, awarding $16 billion in damages, adds a significant opportunity for Burford. The new president of Argentina, Javier Milei, may help increase the likelihood of a faster payment for the damages. Read the full article on Seeking Alpha
Seeking Alpha Sep 20

A Normalized View On Burford's Core Portfolio Performance

Summary Burford's recent quarterly reporting shows impressive YoY growth, but this is not meaningful due to the very easy 2022 comp. We review whether recent tangible book value growth of the core portfolio is living up to management's 20% ROE targets. We adjust for the effects of YPF and certain accruals and find that adjusted tangible book value growth in H1 was close to management's target. Read the full article on Seeking Alpha

Shareholder Returns

BURUS Diversified FinancialUS Market
7D-3.5%0.3%-2.5%
1Y-66.4%-10.9%22.7%

Return vs Industry: BUR underperformed the US Diversified Financial industry which returned -10.9% over the past year.

Return vs Market: BUR underperformed the US Market which returned 22.7% over the past year.

Price Volatility

Is BUR's price volatile compared to industry and market?
BUR volatility
BUR Average Weekly Movement16.3%
Diversified Financial Industry Average Movement6.1%
Market Average Movement7.2%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: BUR's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: BUR's weekly volatility has increased from 10% to 16% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2009172Christopher Bogartwww.burfordcapital.com

Burford Capital Limited provides legal finance products and services worldwide. The company operates in two segments, Principal Finance, and Asset Management and Other Services. The Principal Finance segment provides capital against the underlying value of high-value single or multiple litigation and arbitration matters at any stage of the process from before filing to after a final judgment has been entered; and to a law firm that has agreed to take a case on a contingent fee or alternative fee basis, as well as directly to the client.

Burford Capital Limited Fundamentals Summary

How do Burford Capital's earnings and revenue compare to its market cap?
BUR fundamental statistics
Market capUS$974.86m
Earnings (TTM)-US$1.60b
Revenue (TTM)n/a
-0.7x
P/S Ratio
-0.6x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BUR income statement (TTM)
Revenue-US$1.45b
Cost of Revenue-US$32.28m
Gross Profit-US$1.42b
Other ExpensesUS$185.04m
Earnings-US$1.60b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-7.31
Gross Margin97.77%
Net Profit Margin110.55%
Debt/Equity Ratio158.7%

How did BUR perform over the long term?

See historical performance and comparison

Dividends

2.8%
Current Dividend Yield
-2%
Payout Ratio

Does BUR pay a reliable dividends?

See BUR dividend history and benchmarks
When do you need to buy BUR by to receive an upcoming dividend?
Burford Capital dividend dates
Ex Dividend DateMay 22 2026
Dividend Pay DateJun 12 2026
Days until Ex dividend18 days
Days until Dividend pay date3 days

Does BUR pay a reliable dividends?

See BUR dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 18:17
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Burford Capital Limited is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert ChantryBerenberg
James AllenBerenberg
Alexander BowersBerenberg