NASDAQ:ASFI - Asta Funding Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$4.15 0.00 (0.00 %)
(As of 01/21/2019 04:09 AM ET)
Previous Close$4.15
Today's Range$4.15 - $4.15
52-Week Range$2.80 - $11.50
Volume194 shs
Average Volume5,534 shs
Market Capitalization$27.74 million
P/E RatioN/A
Dividend YieldN/A
Beta0.05
Asta Funding, Inc., together with its subsidiaries, primarily engages in the consumer receivables business in the United States, Puerto Rico, and South America. It operates through three segments: Consumer Receivables, Personal Injury Claims, and GAR Disability Advocates. The Consumer Receivables segment is involved in purchasing, managing, and servicing distressed consumer receivables, including judgment receivables, which are accounts where outside attorneys secure judgments directly against the consumer; charged-off receivables consisting of accounts that have been written-off by the originators and might have been previously serviced by collection agencies; and semi-performing receivables that are accounts where the debtor is currently making partial or irregular monthly payments, but the accounts might have been written-off by the originators. Its distressed consumer receivables include MasterCard, Visa, and other credit card accounts, which were charged-off by the issuers or providers for non-payment. The Personal Injury Claims segment funds personal injury settlement claims. The GAR Disability Advocates segment represents individuals in their claims for social security disability and supplemental security income benefits from the social security administration. Asta Funding, Inc. was founded in 1994 and is headquartered in Englewood Cliffs, New Jersey.

Receive ASFI News and Ratings via Email

Sign-up to receive the latest news and ratings for ASFI and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Short-term business credit
Sub-IndustryConsumer Finance
SectorFinance
Current SymbolNASDAQ:ASFI
CUSIP04622010
Phone201-567-5648

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$21.43 million
Book Value$17.33 per share

Profitability

Net Income$-13,000,000.00

Miscellaneous

Employees86
Market Cap$27.74 million
OptionableOptionable

Asta Funding (NASDAQ:ASFI) Frequently Asked Questions

What is Asta Funding's stock symbol?

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

How often does Asta Funding pay dividends? What is the dividend yield for Asta Funding?

Asta Funding declared a special dividend on Wednesday, February 7th. Investors of record on Friday, February 16th will be paid a dividend of $5.30 per share on Wednesday, February 28th. This represents a yield of 0.5%. The ex-dividend date is Thursday, March 1st. This is a positive change from Asta Funding's previous special dividend of $0.08. View Asta Funding's Dividend History.

How will Asta Funding's stock buyback program work?

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

How were Asta Funding's earnings last quarter?

Asta Funding, Inc. (NASDAQ:ASFI) posted its quarterly earnings data on Friday, May, 26th. The business services provider reported ($0.57) earnings per share (EPS) for the quarter. The business services provider had revenue of $8.27 million for the quarter. Asta Funding had a negative return on equity of 1.01% and a negative net margin of 16.72%. View Asta Funding's Earnings History.

Has Asta Funding been receiving favorable news coverage?

News stories about ASFI stock have trended somewhat negative recently, according to InfoTrie. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Asta Funding earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term.

Who are some of Asta Funding's key competitors?

Who are Asta Funding's key executives?

Asta Funding's management team includes the folowing people:
  • Mr. Gary Stern, Chairman, Pres & CEO (Age 65)
  • Mr. Bruce R. Foster CPA, CPA, Chief Accounting Officer, CFO & Exec. VP (Age 58)
  • Mr. Seth Berman, Chief Compliance Officer, Sec. & Gen. Counsel (Age 55)
  • Mr. Ricky Stern CFP, CIMA, Sr. VP (Age 33)

How do I buy shares of Asta Funding?

Shares of ASFI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Asta Funding's stock price today?

One share of ASFI stock can currently be purchased for approximately $4.15.

How big of a company is Asta Funding?

Asta Funding has a market capitalization of $27.74 million and generates $21.43 million in revenue each year. Asta Funding employs 86 workers across the globe.

What is Asta Funding's official website?

The official website for Asta Funding is http://www.astafunding.com.

How can I contact Asta Funding?

Asta Funding's mailing address is 210 Sylvan Avenue, Englewood Cliffs NJ, 07632. The business services provider can be reached via phone at 201-567-5648.


MarketBeat Community Rating for Asta Funding (NASDAQ ASFI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  67 (Vote Outperform)
Underperform Votes:  73 (Vote Underperform)
Total Votes:  140
MarketBeat's community ratings are surveys of what our community members think about Asta Funding and other stocks. Vote "Outperform" if you believe ASFI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASFI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/21/2019 by MarketBeat.com Staff

Featured Article: Technical Analysis

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel