NASDAQ:ASFI - Asta Funding Stock Price, Price Target & More

$3.65 0.00 (0.00 %)

(As of 04/26/2018 04:00 PM ET)

Previous Close$3.65

Today's Range$3.55 - $3.65

52-Week Range$3.25 - $11.50

Volume2,490 shs

Average Volume30,251 shs

Market Capitalization$23.18 million

P/E Ratio175.00

Dividend YieldN/A

Beta0.03

About Asta Funding (NASDAQ:ASFI)

Asta 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.

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Industry, Sector and Symbol

Industry Short-term business credit

Sub-IndustryConsumer Finance

SectorFinance

SymbolNASDAQ:ASFI

CUSIP04622010

Webwww.astafunding.com

Phone201-567-5648

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio175.00

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$58.71 million

Price / Sales0.41

Cash Flow$0.7344 per share

Price / Cash4.97

Book Value$15.37 per share

Price / Book0.24

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees188

Outstanding Shares6,620,000

How to Become a New Pot Stock Millionaire

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 yield of 0.5%. The ex-dividend date of this dividend 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 has initiated a share buyback plan on Sunday, April 9th 2017, which allows the company to repurchase 5,310,000 shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through a tender offer. Shares repurchase plans are often an indication that the company's management believes its shares are undervalued.

How were Asta Funding's earnings last quarter?

Asta Funding, Inc. (NASDAQ:ASFI) issued its quarterly earnings results on Friday, May, 26th. The business services provider reported ($0.57) EPS for the quarter. The business services provider had revenue of $8.27 million for the quarter. View Asta Funding's Earnings History.

Who are some of Asta Funding's key competitors?

Some companies that are related to Asta Funding include Encore Capital Group (ECPG), Plumas Bancorp (PLBC), Nicholas Financial (NICK), PwrCor (PWCO) and CPI Card Group (PMTS).

Who are Asta Funding's key executives?

Asta Funding's management team includes the folowing people:

Gary Stern, Chairman of the Board, President, Chief Executive Officer (Age 63)
Ricky Stern, Senior Vice President (Age 30)
Seth Berman Esq., Chief Compliance Officer, General Counsel (Age 52)
David S. Slackman, Lead Independent Director (Age 68)
Louis A. Piccolo, Director (Age 64)
Edward A. Celano, Independent Director (Age 77)
Harvey Leibowitz, Independent Director (Age 82)
Mark Levenfus, Independent Director

Has Asta Funding been receiving favorable news coverage?

Press coverage about ASFI stock has trended somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Asta Funding earned a daily sentiment score of 0.13 on Accern's scale. They also gave news coverage about the business services provider an impact score of 47.06 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

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 $3.65.

How big of a company is Asta Funding?

Asta Funding has a market capitalization of $23.18 million and generates $58.71 million in revenue each year. Asta Funding employs 188 workers across the globe.

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 (ASFI)

Community Ranking:		2.4 out of 5 ( )
Outperform Votes:		50 (Vote Outperform)
Underperform Votes:		53 (Vote Underperform)
Total Votes:		103

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.

Asta Funding (NASDAQ:ASFI) Analyst Ratings History

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details

(Data available from 4/26/2016 forward)

Asta Funding (NASDAQ:ASFI) Earnings History and Estimates Chart

Earnings by Quarter for Asta Funding (NASDAQ:ASFI)

Asta Funding (NASDAQ ASFI) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Actual Revenue	Release Link	Conference Call
8/9/2017	Q3 2017		$0.27	$14.78 million	View	N/A
5/26/2017	Q2 2017		($0.57)	$8.27 million	View	N/A
2/9/2017	Q1 2017		($0.06)	$10.45 million	View	N/A
12/14/2016	Q4 2016		$0.38	$16.41 million	View	N/A
8/9/2016	Q3 2016		$0.26	$18.81 million	View	N/A
5/10/2016	Q2 2016		($0.14)	$10.57 million	View	N/A
2/9/2016	Q1 2016		$0.15	$11.82 million	View	N/A
12/14/2015	Q415		$0.08	$12.71 million	View	Listen
8/10/2015	Q315		$0.01	$10.03 million	View	Listen
6/30/2015	Q2 2015		$0.07	$10.20 million	View	N/A
8/20/2014	Q3 2014		$1.39	$36.27 million	View	N/A
5/8/2014	Q2 2014		$0.11	$10.18 million	View	N/A
2/10/2014	Q114		$0.18	$10.24 million	View	N/A
12/12/2013	Q4		$0.16	$9.11 million	View	Listen
8/9/2013	Q3 2013		$0.30	$12.67 million	View	N/A
5/9/2013	Q2 2013		$0.07	$10.09 million	View	N/A
2/11/2013	Q1 2013		$0.20		View	N/A
12/13/2012	Q4 2012		$0.15		View	N/A
8/7/2012	Q3 2012		$0.22		View	N/A
5/9/2012	Q2 2012		$0.20		View	N/A
2/9/2012	Q1 2012		$0.20		View	N/A
12/14/2011	Q4 2011		$0.14		View	N/A
8/4/2011	Q3 2011	$0.18	$0.23		View	N/A
5/10/2011	Q2 2011	$0.16	$0.19		View	N/A
2/9/2011	Q1 2011	$0.07	$0.18		View	N/A
12/14/2010	Q4 2010	$0.15	$0.22		View	N/A
8/4/2010	Q3 2010	$0.15	$0.21		View	N/A
5/6/2010	Q2 2010	($0.17)	$0.20		View	N/A
2/9/2010	Q1 2010	($1.87)	$0.17		View	N/A
12/15/2009	Q4 2009	$0.06	$0.80		View	N/A
8/4/2009	Q3 2009	($0.25)	$0.10		View	N/A
5/1/2009	Q2 2009	$0.11	($0.36)		View	N/A
2/27/2009	Q1 2009	($0.45)	($0.55)		View	N/A
8/11/2008	Q3 2008	$0.56	$0.17		View	N/A
5/19/2008	Q2 2008	$0.73	$1.06		View	N/A
2/11/2008	Q1 2008	$0.77	$0.90		View	N/A

(Earnings results data provided by Zacks Investment Research)

Asta Funding (NASDAQ:ASFI) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
2/7/2018	special	$5.30	0.5%	3/1/2018	2/16/2018	2/28/2018
12/17/2012	special	$0.08		12/20/2012	12/24/2012	12/31/2012

(Data available from 1/1/2013 forward)

Asta Funding (NASDAQ ASFI) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 67.40%
Institutional Ownership Percentage: 15.15%

Insider Trading History for Asta Funding (NASDAQ:ASFI)

Asta Funding (NASDAQ ASFI) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/13/2017	Mark Levenfus	Director	Buy	3,000	$7.13	$21,390.00	3,000
2/23/2017	Ricky Stern	Insider	Buy	471,086	$10.35	$4,875,740.10	268,142
5/12/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	1,903,274	$10.34	$19,679,853.16
3/10/2016	Harvey Leibowitz	Director	Sell	2,000	$8.07	$16,140.00	7,000
2/29/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	1,800	$7.15	$12,870.00
2/25/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	324,600	$7.00	$2,272,200.00
2/16/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	1,200	$7.61	$9,132.00
2/12/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	1,800	$7.41	$13,338.00
2/11/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	6,652	$7.46	$49,623.92
2/9/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	5,557	$7.19	$39,954.83
2/8/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	1,100	$7.19	$7,909.00
2/4/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	255,573	$7.25	$1,852,904.25
2/3/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	500	$7.33	$3,665.00
2/2/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	12,100	$7.31	$88,451.00
1/13/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	1,800	$8.00	$14,400.00
1/12/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	4,400	$7.97	$35,068.00
1/8/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	2,800	$7.73	$21,644.00
1/7/2016	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	17,933	$7.73	$138,622.09
12/31/2015	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	13,143	$7.97	$104,749.71
12/30/2015	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	4,700	$8.00	$37,600.00
12/29/2015	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	7,093	$8.02	$56,885.86
12/28/2015	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	3,530	$7.87	$27,781.10
12/24/2015	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	6,300	$7.82	$49,266.00
12/22/2015	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	1,259	$7.68	$9,669.12
12/15/2015	Mangrove Partners Fund (Cayman	Major Shareholder	Buy	44,350	$8.07	$357,904.50
2/19/2014	Robert J Michel	CFO	Sell	10,000	$8.28	$82,800.00
9/16/2013	Seth Berman	General Counsel	Sell	7,000	$8.60	$60,200.00
5/22/2013	Mary L Curtin	SVP	Sell	25,000	$8.80	$220,000.00

(Data available from 1/1/2013 forward)

Asta Funding (NASDAQ ASFI) News Headlines

Source:

Date	Headline
	What Are The Drivers Of Asta Funding Inc’s (NASDAQ:ASFI) Risks? finance.yahoo.com - April 21 at 9:30 AM
	Corrections & Amplifications finance.yahoo.com - April 12 at 10:35 AM
	ValuEngine Downgrades Asta Funding (ASFI) to Hold www.americanbankingnews.com - March 25 at 8:45 PM
	Who Are The Largest Shareholders In Asta Funding Inc (NASDAQ:ASFI)? finance.yahoo.com - March 20 at 9:52 AM
	Does Asta Funding Inc’s (NASDAQ:ASFI) -116.35% Earnings Drop Reflect A Longer Term Trend? finance.yahoo.com - March 12 at 10:36 AM
	Asta Funding, Inc. (ASFI) Increases Dividend to $5.30 Per Share www.americanbankingnews.com - February 8 at 12:34 AM
	Asta Funding (ASFI) Scheduled to Post Quarterly Earnings on Monday www.americanbankingnews.com - February 2 at 8:14 PM
	Asta Funding, Inc. Announces Receipt of Nasdaq Non-Compliance Letter finance.yahoo.com - January 19 at 4:07 PM
	Asta Funding (ASFI) Set to Announce Quarterly Earnings on Friday www.americanbankingnews.com - December 28 at 8:52 PM
	How Does Asta Funding Inc (NASDAQ:ASFI)’s Prospect Stack Up Next To Its Financial Peers? finance.yahoo.com - December 21 at 11:05 AM
	ETFs with exposure to Asta Funding, Inc. : December 20, 2017 finance.yahoo.com - December 20 at 3:53 PM
	Is Asta Funding Inc’s (NASDAQ:ASFI) CEO Salary Justified? finance.yahoo.com - December 19 at 3:53 PM
	Asta Funding (ASFI) Stock Rating Lowered by TheStreet www.americanbankingnews.com - December 15 at 7:48 PM
	Who Are The Largest Shareholders In Asta Funding Inc (undefined:ASFI)? finance.yahoo.com - December 12 at 11:46 AM
	Want To Invest In Asta Funding Inc (ASFI)? Here’s How It Performed Lately finance.yahoo.com - December 7 at 11:37 AM
	ETFs with exposure to Asta Funding, Inc. : December 5, 2017 finance.yahoo.com - December 5 at 12:49 PM
	Asta Funding (ASFI) Scheduled to Post Quarterly Earnings on Tuesday www.americanbankingnews.com - December 5 at 1:44 AM
	Asta Funding (ASFI) Lifted to Buy at ValuEngine www.americanbankingnews.com - December 3 at 10:50 PM
	ETFs with exposure to Asta Funding, Inc. : October 18, 2017 finance.yahoo.com - October 18 at 5:22 PM
	Why Asta Funding Inc (ASFI) May Not Be As Efficient As Its Industry finance.yahoo.com - October 9 at 5:02 PM
	ETFs with exposure to Asta Funding, Inc. : September 28, 2017 finance.yahoo.com - October 2 at 3:59 PM
	Asta Funding, Inc. :ASFI-US: Earnings Analysis: Q3, 2017 By the Numbers : September 21, 2017 finance.yahoo.com - September 22 at 1:19 PM
	TheStreet Upgrades Asta Funding, Inc. (ASFI) to C www.americanbankingnews.com - August 30 at 9:58 PM
	Asta Funding's Quarterly Results Show Glimpses Of Its Potential seekingalpha.com - August 16 at 4:31 PM
	Edited Transcript of ASFI earnings conference call or presentation 9-Aug-17 1:30pm GMT finance.yahoo.com - August 10 at 10:31 PM
	Asta Funding, Inc. (ASFI) Issues Quarterly Earnings Results www.americanbankingnews.com - August 10 at 3:42 PM
	Asta Funding Announces Results for The Third Quarter Ended June 30, 2017 finance.yahoo.com - August 9 at 9:17 PM
	Asta Funding, Inc. (ASFI) Scheduled to Post Earnings on Monday www.americanbankingnews.com - July 31 at 8:05 AM
	Small Cap Trading At Large Discount To Book Value seekingalpha.com - July 25 at 8:59 PM
	ETFs with exposure to Asta Funding, Inc. : July 13, 2017 finance.yahoo.com - July 13 at 4:54 PM
	Asta Funding's (ASFI) CEO Gary Stern on Q2 2017 Results - Earnings Call Transcript seekingalpha.com - May 27 at 3:48 PM
	Asta Funding, Inc: Management Is Focused On Increasing Shareholder Value seekingalpha.com - May 14 at 10:11 AM
	ASTA FUNDING INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant biz.yahoo.com - March 16 at 10:09 PM
	Asta Funding Announces Results for The First Quarter Ended December 31, 2016 us.rd.yahoo.com - February 9 at 8:48 PM
	Asta Funding, Inc. (ASFI) Commences 5.3M Share Tender Offer for Its Common Stock www.streetinsider.com - January 21 at 8:39 PM
	ASTA FUNDING INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits biz.yahoo.com - January 19 at 4:44 PM
	9:17 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
	Asta Funding Reaches Agreement with Mangrove Partners www.nasdaq.com - January 9 at 4:29 PM
	Asta 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
	ASTA 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
	ASTA FUNDING INC Files SEC form 8-K, Results of Operations and Financial Condition us.rd.yahoo.com - December 16 at 1:31 AM
	Asta Funding's (ASFI) CEO Gary Stern on Q4 2016 Results - Earnings Call Transcript seekingalpha.com - December 15 at 2:24 AM
	Asta Funding Announces Results for The Fourth Quarter and Fiscal Year Ended September 30, 2016 us.rd.yahoo.com - December 14 at 4:22 PM
	ASTA FUNDING INC Files SEC form 8-K, Termination of a Material Definitive Agreement biz.yahoo.com - November 29 at 4:37 PM
	ASTA 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
	ASTA 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
	Asta Funding posts 3Q profit www.cnbc.com - August 11 at 12:52 PM
	ASTA FUNDING INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits biz.yahoo.com - July 11 at 5:31 PM
	ASTA 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
	Asta Funding Reiterates Its Rejection Of Unsolicited Tender Offer feeds.benzinga.com - April 21 at 4:35 PM

Asta Funding (NASDAQ:ASFI) SEC Filings

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Asta Funding (NASDAQ:ASFI) Income Statement, Balance Sheet and Cash Flow Statement

Asta Funding (NASDAQ ASFI) Stock Chart for Thursday, April, 26, 2018

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This page was last updated on 4/26/2018 by MarketBeat.com Staff