Short Interest in Burlington Stores, Inc. (NYSE:BURL) Increases By 24.8%

Burlington Stores, Inc. (NYSE:BURL) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 2,760,126 shares, an increase of 24.8% from the February 26th total of 2,212,269 shares. Approximately 4.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,165,543 shares, the short-interest ratio is presently 2.4 days.

Burlington Stores Trading Up 2.4%

BURL traded up $7.73 during mid-day trading on Wednesday, reaching $333.11. The stock had a trading volume of 187,803 shares, compared to its average volume of 843,549. The firm’s fifty day simple moving average is $306.19 and its two-hundred day simple moving average is $286.14. The stock has a market capitalization of $20.88 billion, a P/E ratio of 34.94, a P/E/G ratio of 1.89 and a beta of 1.73. Burlington Stores has a 52 week low of $212.92 and a 52 week high of $332.72. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.65 and a current ratio of 1.23.

Burlington Stores (NYSE:BURL) last issued its quarterly earnings results on Thursday, March 5th. The company reported $4.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.70 by $0.29. The business had revenue of $3.65 billion for the quarter, compared to analyst estimates of $2.77 billion. Burlington Stores had a return on equity of 41.37% and a net margin of 5.28%.The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.07 earnings per share. Burlington Stores has set its FY 2026 guidance at 10.950-11.450 EPS and its Q1 2026 guidance at 1.600-1.750 EPS. On average, equities analysts predict that Burlington Stores will post 7.93 EPS for the current year.

Wall Street Analysts Forecast Growth

BURL has been the topic of a number of research analyst reports. Barclays raised their price target on Burlington Stores from $331.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. JPMorgan Chase & Co. boosted their price objective on Burlington Stores from $356.00 to $365.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Sanford C. Bernstein set a $350.00 target price on Burlington Stores and gave the stock an “outperform” rating in a report on Tuesday, January 6th. Evercore restated an “outperform” rating and issued a $375.00 target price on shares of Burlington Stores in a research note on Thursday, March 5th. Finally, Wells Fargo & Company upped their price target on shares of Burlington Stores from $350.00 to $400.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Sixteen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $355.44.

Insiders Place Their Bets

In other news, COO Travis Marquette sold 3,759 shares of the firm’s stock in a transaction that occurred on Tuesday, March 24th. The shares were sold at an average price of $327.75, for a total transaction of $1,232,012.25. Following the completion of the sale, the chief operating officer owned 26,350 shares of the company’s stock, valued at approximately $8,636,212.50. This trade represents a 12.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Burlington Stores

Several institutional investors have recently modified their holdings of BURL. First Horizon Corp acquired a new position in Burlington Stores in the third quarter valued at approximately $25,000. Stone House Investment Management LLC bought a new stake in shares of Burlington Stores during the 4th quarter valued at $25,000. JPL Wealth Management LLC acquired a new position in shares of Burlington Stores in the 3rd quarter valued at $28,000. Root Financial Partners LLC bought a new position in shares of Burlington Stores in the 3rd quarter worth $30,000. Finally, Harbour Investments Inc. boosted its position in shares of Burlington Stores by 44.7% in the 4th quarter. Harbour Investments Inc. now owns 110 shares of the company’s stock worth $32,000 after purchasing an additional 34 shares during the last quarter.

About Burlington Stores

Burlington Stores, Inc is an American off-price retailer that sells apparel and home goods at discounted prices. The company’s merchandise assortment includes clothing for women, men and children, plus baby products, footwear, accessories, beauty items, toys and home décor. Burlington’s merchandising strategy focuses on offering branded and private-label goods at lower prices than traditional department stores by sourcing excess inventory, closeouts and opportunistic buys from manufacturers and other retailers.

The business traces its roots to the Burlington Coat Factory name established in the early 1970s and has since evolved into a broader off-price retailer that carries a wide range of seasonal and everyday merchandise.