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

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$4.15 0.00 (0.00 %)
(As of 01/22/2019 06:00 AM ET)
Previous Close$4.15
Today's Range$4.15 - $4.15
52-Week Range$2.80 - $11.50
Volume194 shs
Average Volume5,369 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.

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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 announced a special dividend on Wednesday, February 7th. Investors of record on Friday, February 16th will be given a dividend of $5.30 per share on Wednesday, February 28th. This represents a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, March 1st. This is a boost 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 declared that its Board of Directors has approved a share repurchase program 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. Shares buyback programs are typically a sign that the company's leadership believes its stock is undervalued.

How were Asta Funding's earnings last quarter?

Asta Funding, Inc. (NASDAQ:ASFI) announced its earnings results on Friday, May, 26th. The business services provider reported ($0.57) EPS for the quarter. The business services provider earned $8.27 million during 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 articles about ASFI stock have trended very positive on Tuesday, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Asta Funding earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

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 1/22/2019 by MarketBeat.com Staff

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