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

Sign in or create an account to add this stock to your watchlist.
$4.55 +0.25 (+5.81 %)
(As of 02/17/2019 12:36 PM ET)
Previous Close$4.55
Today's Range$4.40 - $4.84
52-Week Range$2.80 - $10.80
Volume3,600 shs
Average Volume2,587 shs
Market Capitalization$30.42 million
P/E RatioN/A
Dividend YieldN/A
Beta0.02
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 Social Security Disability Advocacy. 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 Social Security Disability Advocacy 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$30.42 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 will Asta Funding's stock buyback program work?

Asta Funding announced that its Board of Directors has approved a share repurchase program on Sunday, April 9th 2017, which authorizes the company to repurchase 5,310,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through a tender offer. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

How were Asta Funding's earnings last quarter?

Asta Funding, Inc. (NASDAQ:ASFI) released its quarterly earnings data on Friday, May, 26th. The business services provider reported ($0.57) earnings per share 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?

Press coverage about ASFI stock has trended negative on Sunday, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Asta Funding earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company'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 66)
  • Mr. Bruce R. Foster CPA, CPA, Chief Accounting Officer, CFO & Exec. VP (Age 59)
  • Mr. Seth Berman, Chief Compliance Officer, Sec. & Gen. Counsel (Age 56)
  • Mr. Ricky Stern CFP, CIMA, Sr. VP (Age 34)

Who are Asta Funding's major shareholders?

Asta Funding's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (1.28%). Company insiders that own Asta Funding stock include Mark Levenfus and Ricky Stern. View Institutional Ownership Trends for Asta Funding.

Which institutional investors are selling Asta Funding stock?

ASFI stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP. View Insider Buying and Selling for Asta Funding.

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 $4.55.

How big of a company is Asta Funding?

Asta Funding has a market capitalization of $30.42 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:  69 (Vote Outperform)
Underperform Votes:  75 (Vote Underperform)
Total Votes:  144
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 2/17/2019 by MarketBeat.com Staff

Featured Article: Analyst Ratings Trading

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