BUR Stock Recent News

The average of price targets set by Wall Street analysts indicates a potential upside of 33.5% in Burford Capital (BUR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

The consensus price target hints at a 25.7% upside potential for Burford Capital (BUR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Burford Capital (BUR) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

LWAY, GM and BUR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 22, 2024.

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.

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.

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.

ANF, TZOO, BUR, FMX and AUDC have been added to the Zacks Rank #1 (Strong Buy) List on November 30, 2023.

Burford Capital Limited (NYSE:BUR ) Q2 2023 Earnings Conference Call September 13, 2023 10:00 AM ET Company Participants Christopher Bogart - CEO Jordan Licht - CFO Jon Molot - CIO Conference Call Participants Julian Roberts - Jefferies Alexander Bowers - Berenberg Michael Cohen - MDC Financial Research Matthew Howlett - B. Riley Operator Hello, everyone, and welcome to today's conference call titled Burford Capital Second Quarter 2023 Results.

Burford Capital is on a positive streak with an acceleration in cases resolving, a successful resolving of setting GAAP standards for its asset class, and home run wins against Argentina. Burford and plaintiffs win against Argentina, leading to an around $16 billion claim against the country. Burford's quarterly earnings report is eagerly anticipated, and the company may consider selling a portion of the claim and reinvesting in its business.