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.
Industry, Sector and Symbol
Industry Short-term business credit
Sub-IndustryConsumer Finance
SectorFinance
Phone201-567-5648
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$21.11 million
Profitability
Miscellaneous
Employees60
Next Earnings Date5/11/2020 (Estimated)
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 were Asta Funding's earnings last quarter?
Asta Funding, Inc. (NASDAQ:ASFI) issued 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 net margin of 33.98% and a return on equity of 8.16%. View Asta Funding's Earnings History.
When is Asta Funding's next earnings date?
Has Asta Funding been receiving favorable news coverage?
News headlines about ASFI stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Asta Funding earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave news articles about the business services provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the company's share price in the near future. View News Stories for Asta Funding.
Are investors shorting Asta Funding?
Asta Funding saw a increase in short interest in January. As of January 31st, there was short interest totalling 8,700 shares, an increase of 14.5% from the January 15th total of 7,600 shares. Based on an average daily volume of 4,800 shares, the days-to-cover ratio is presently 1.8 days. Currently, 0.4% of the shares of the stock are short sold. View Asta Funding's Current Options Chain.
Who are some of Asta Funding's key competitors?
Some companies that are related to Asta Funding include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), SLM (SLM), FirstCash (FCFS), Nelnet (NNI), Green Dot (GDOT), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW) and Nicholas Financial (NICK).
What other stocks do shareholders of Asta Funding own?
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 variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (0.30%). Company insiders that own Asta Funding stock include Louis A Piccolo and Seth Berman. 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 Renaissance Technologies LLC. Company insiders that have sold Asta Funding company stock in the last year include Louis A Piccolo and Seth Berman. 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, Robinhood, Fidelity and Charles Schwab.
What is Asta Funding's stock price today?
One share of ASFI stock can currently be purchased for approximately $10.25.
How big of a company is Asta Funding?
What is Asta Funding's official website?
How can I contact Asta Funding?
Asta Funding's mailing address is 210 SYLVAN AVE, 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)
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.
