Asta Funding Company Profile (NASDAQ:ASFI)

About Asta Funding (NASDAQ:ASFI)

Asta Funding logoAsta Funding, Inc. is primarily engaged in the businesses of acquiring, managing, servicing and recovering on portfolios of consumer receivables. The Company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements and GAR Disability Advocates. The Consumer receivables segment is engaged in purchasing, managing for its own account and servicing distressed consumer receivables, including charged off receivables, semi-performing receivables and performing receivables. The Personal injury claims segment includes the operations of its subsidiary, Pegasus Funding, LLC. The Structured settlements segment includes the operations of CBC Settlement Funding, LLC (CBC). The GAR Disability Advocates segment includes the operations of GAR Disability Advocates, LLC (GAR Disability Advocates). GAR Disability Advocates is a social security benefit and disability advocacy group.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Business Services
  • Sub-Industry: Consumer Finance
  • Symbol: NASDAQ:ASFI
  • CUSIP: 04622010
  • Web: www.astafunding.com
Capitalization:
  • Market Cap: $79.57 million
  • Outstanding Shares: 11,876,000
Average Prices:
  • 50 Day Moving Avg: $7.50
  • 200 Day Moving Avg: $8.92
  • 52 Week Range: $6.25 - $11.97
P/E:
  • Trailing P/E Ratio: 15.62
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $57.3 million
  • Price / Sales: 1.39
  • Book Value: $15.20 per share
  • Price / Book: 0.44
Profitability:
  • EBIDTA: $17.46 million
  • Net Margins: 9.60%
  • Return on Equity: 3.08%
  • Return on Assets: 2.19%
Debt:
  • Debt-to-Equity Ratio: 0.40%
  • Current Ratio: 186.71%
  • Quick Ratio: 186.71%
Misc:
  • Average Volume: 23,235 shs.
  • Beta: 0.48
  • Short Ratio: 0.87
 

Frequently Asked Questions for Asta Funding (NASDAQ:ASFI)

What is Asta Funding's stock symbol?

Asta Funding trades on the NASDAQ under the ticker symbol "ASFI."

How will Asta Funding's stock buyback program work?

Asta Funding announced that its Board of Directors has authorized a share repurchase plan on Sunday, April 9th 2017, which authorizes the company to buyback 5,310,000 shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through a tender offer. Stock buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

How were Asta Funding's earnings last quarter?

Asta Funding, Inc. (NASDAQ:ASFI) released its earnings results on Thursday, February, 9th. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $10.45 million for the quarter. Asta Funding had a net margin of 9.60% and a return on equity of 3.08%. View Asta Funding's Earnings History.

Who are some of Asta Funding's key competitors?

Who owns Asta Funding stock?

Asta Funding's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include STERN RICKY (39.20%), STERN RICKY (39.20%) and STERN GARY (34.20%). Company insiders that own Asta Funding stock include Harvey Leibowitz, Mangrove Partners Fund (Cayman and Ricky Stern. View Institutional Ownership Trends for Asta Funding.

How do I buy Asta Funding stock?

Shares of Asta Funding can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Asta Funding stock cost?

One share of Asta Funding stock can currently be purchased for approximately $6.70.

Analyst Ratings

Consensus Ratings for Asta Funding (NASDAQ:ASFI) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Asta Funding (NASDAQ:ASFI)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Asta Funding (NASDAQ:ASFI)
Earnings by Quarter for Asta Funding (NASDAQ:ASFI)
Earnings History by Quarter for Asta Funding (NASDAQ:ASFI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/9/2017Q1 2017($0.06)$10.45 millionViewN/AView Earnings Details
12/14/2015Q415$0.08$12.71 millionViewListenView Earnings Details
8/10/2015Q315$0.01$10.03 millionViewListenView Earnings Details
8/20/2014Q3 2014$1.39$36.27 millionViewN/AView Earnings Details
2/10/2014Q114$0.18ViewN/AView Earnings Details
12/12/2013Q4$0.16ViewListenView Earnings Details
8/9/2013Q3 2013$0.30ViewN/AView Earnings Details
5/9/2013Q2 2013$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Asta Funding (NASDAQ:ASFI)
Current Year EPS Consensus Estimate: $0.73 EPS

Dividends

Dividend History by Quarter for Asta Funding (NASDAQ:ASFI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/17/2012special$0.0812/20/201212/24/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Asta Funding (NASDAQ:ASFI)
Insider Ownership Percentage: 21.80%
Institutional Ownership Percentage: 54.99%
Insider Trades by Quarter for Asta Funding (NASDAQ:ASFI)
Institutional Ownership by Quarter for Asta Funding (NASDAQ:ASFI)
Insider Trades by Quarter for Asta Funding (NASDAQ:ASFI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/23/2017Ricky SternInsiderBuy471,086$10.35$4,875,740.10View SEC Filing  
5/12/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,903,274$10.34$19,679,853.16View SEC Filing  
3/10/2016Harvey LeibowitzDirectorSell2,000$8.07$16,140.00View SEC Filing  
2/29/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,800$7.15$12,870.00View SEC Filing  
2/25/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy324,600$7.00$2,272,200.00View SEC Filing  
2/16/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,200$7.61$9,132.00View SEC Filing  
2/12/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,800$7.41$13,338.00View SEC Filing  
2/11/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy6,652$7.46$49,623.92View SEC Filing  
2/9/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy5,557$7.19$39,954.83View SEC Filing  
2/8/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,100$7.19$7,909.00View SEC Filing  
2/4/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy255,573$7.25$1,852,904.25View SEC Filing  
2/3/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy500$7.33$3,665.00View SEC Filing  
2/2/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy12,100$7.31$88,451.00View SEC Filing  
1/13/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,800$8.00$14,400.00View SEC Filing  
1/12/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy4,400$7.97$35,068.00View SEC Filing  
1/8/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy2,800$7.73$21,644.00View SEC Filing  
1/7/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy17,933$7.73$138,622.09View SEC Filing  
12/31/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy13,143$7.97$104,749.71View SEC Filing  
12/30/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy4,700$8.00$37,600.00View SEC Filing  
12/29/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy7,093$8.02$56,885.86View SEC Filing  
12/28/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy3,530$7.87$27,781.10View SEC Filing  
12/24/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy6,300$7.82$49,266.00View SEC Filing  
12/22/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy1,259$7.68$9,669.12View SEC Filing  
12/15/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy44,350$8.07$357,904.50View SEC Filing  
2/19/2014Robert J MichelCFOSell10,000$8.28$82,800.00View SEC Filing  
9/16/2013Seth BermanGeneral CounselSell7,000$8.60$60,200.00View SEC Filing  
5/22/2013Mary L CurtinSVPSell25,000$8.80$220,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Asta Funding (NASDAQ:ASFI)
Latest Headlines for Asta Funding (NASDAQ:ASFI)
Source:
DateHeadline
finance.yahoo.com logoEdited Transcript of ASFI earnings conference call or presentation 26-May-17 1:30pm GMT
finance.yahoo.com - May 27 at 1:59 AM
finance.yahoo.com logoAsta Funding Announces Results for the Second Quarter Ended March 31, 2017
finance.yahoo.com - May 26 at 3:56 PM
finance.yahoo.com logoAsta Funding reports 2Q loss
finance.yahoo.com - May 26 at 3:56 PM
finance.yahoo.com logoAsta Funding, Inc. Announces Receipt of Nasdaq Non-Compliance Letter
finance.yahoo.com - May 24 at 9:42 AM
finance.yahoo.com logoAsta Funding, Inc. Announces Decision to Restate First Quarter 2017
finance.yahoo.com - May 16 at 12:32 PM
seekingalpha.com logoAsta Funding, Inc: Management Is Focused On Increasing Shareholder Value
seekingalpha.com - May 14 at 10:11 AM
americanbankingnews.com logoAsta Funding (ASFI) Earning Somewhat Positive Press Coverage, Analysis Finds
www.americanbankingnews.com - May 1 at 12:39 PM
americanbankingnews.com logoAsta Funding (ASFI) Earning Somewhat Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 28 at 9:04 AM
americanbankingnews.com logoAsta Funding (ASFI) Receives Media Sentiment Score of 0.35
www.americanbankingnews.com - April 22 at 12:55 PM
americanbankingnews.com logoAsta Funding (ASFI) Getting Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 16 at 9:32 AM
americanbankingnews.com logoAsta Funding (ASFI) Receives Daily Media Impact Score of 0.25
www.americanbankingnews.com - April 13 at 2:14 PM
finance.yahoo.com logoCBC Settlement Funding Completes BBRVII 2017--Private Placement Note Offering
finance.yahoo.com - April 10 at 8:39 PM
americanbankingnews.com logoAsta Funding (ASFI) Board Initiates Stock Buyback Plan
www.americanbankingnews.com - April 9 at 8:19 AM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant
biz.yahoo.com - March 16 at 10:09 PM
finance.yahoo.com logoAsta Funding, Inc. Announces Final Results of its Tender Offer
finance.yahoo.com - February 22 at 8:40 PM
finance.yahoo.com logoAsta Funding, Inc. Announces Preliminary Results of its Tender Offer
finance.yahoo.com - February 16 at 8:44 PM
finance.yahoo.com logoEdited Transcript of ASFI earnings conference call or presentation 9-Feb-17 2:00pm GMT
finance.yahoo.com - February 10 at 1:50 AM
us.rd.yahoo.com logoAsta Funding Announces Results for The First Quarter Ended December 31, 2016
us.rd.yahoo.com - February 9 at 8:48 PM
finance.yahoo.com logoAsta Funding reports 1Q loss
finance.yahoo.com - February 9 at 3:45 PM
finance.yahoo.com logoAsta Funding, Inc. Extends Tender Offer Until 11:59 p.m., February 15, 2017
finance.yahoo.com - February 2 at 3:42 PM
streetinsider.com logoAsta Funding, Inc. (ASFI) Commences 5.3M Share Tender Offer for Its Common Stock
www.streetinsider.com - January 21 at 8:39 PM
finance.yahoo.com logoAsta Funding, Inc. Announces Commencement of Tender Offer to Purchase Up to 5,314,009 Shares of its Common Stock
finance.yahoo.com - January 19 at 4:44 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - January 19 at 4:44 PM
us.rd.yahoo.com logo9:17 am Asta Funding reaches an agreement with Mangrove Partners where Asta Funding will commence an issuer tender offer to all shareholders to repurchase 5,314,009 shares at $10.35/share
us.rd.yahoo.com - January 10 at 2:30 AM
nasdaq.com logoAsta Funding Reaches Agreement with Mangrove Partners
www.nasdaq.com - January 9 at 4:29 PM
streetinsider.com logoAsta Funding, Inc. (ASFI) Agrees To Tender 5,314,009 Shares At $10.35, Mangrove Partners To Tender All Shares In Offer
www.streetinsider.com - January 9 at 4:29 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Amendments to Articles of Inc. or By
biz.yahoo.com - January 9 at 4:29 PM
finance.yahoo.com logoASTA FUNDING INC Financials
finance.yahoo.com - December 20 at 3:54 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - December 16 at 1:31 AM
seekingalpha.com logoAsta Funding's (ASFI) CEO Gary Stern on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - December 15 at 2:24 AM
finance.yahoo.com logoEdited Transcript of ASFI earnings conference call or presentation 14-Dec-16 3:00pm GMT
finance.yahoo.com - December 15 at 2:24 AM
us.rd.yahoo.com logoAsta Funding Announces Results for The Fourth Quarter and Fiscal Year Ended September 30, 2016
us.rd.yahoo.com - December 14 at 4:22 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Termination of a Material Definitive Agreement
biz.yahoo.com - November 29 at 4:37 PM
finance.yahoo.com logo4:14 pm Asta Funding announces the formation of a wholly owned subsidiary Simia Capital, to expand its personal injury claims funding business
finance.yahoo.com - November 15 at 9:53 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Principal Off
biz.yahoo.com - November 15 at 9:53 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure
biz.yahoo.com - August 17 at 3:38 PM
cnbc.com logoAsta Funding posts 3Q profit
www.cnbc.com - August 11 at 12:52 PM
finance.yahoo.com logoEdited Transcript of ASFI earnings conference call or presentation 9-Aug-16 2:00pm GMT
finance.yahoo.com - August 9 at 10:12 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - July 11 at 5:31 PM
finance.yahoo.com logoCBC Settlement Funding Completes BBRVI 2016-A Private Placement Note Offering
finance.yahoo.com - July 11 at 5:12 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
biz.yahoo.com - May 26 at 5:12 PM
feeds.benzinga.com logoAsta Funding Reiterates Its Rejection Of Unsolicited Tender Offer
feeds.benzinga.com - April 21 at 4:35 PM

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Chart

Asta Funding (ASFI) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff