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About Asta Funding (NASDAQ:ASFI)
Asta Funding, Inc., together with its subsidiaries, engages in the consumer receivable business in the United States. The company operates through four segments: Consumer Receivables, Personal Injury Claims, Structured Settlements, and GAR Disability Advocacy. The Consumer Receivables segment involved in the purchase, management, and servicing distressed consumer receivables, including charged-off receivables consisting of accounts that have been written-off by the originators and might have been previously serviced by collection agencies; semi-performing receivables, including accounts where the debtor is currently making partial or irregular monthly payments, but the accounts might have been written-off by the originators; and performing receivables comprising accounts where the debtor is making regular monthly payments that might or might not have been delinquent in the past. 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 invests in funding personal injury claims. The Structured Settlements segment purchases periodic structured settlements and annuity policies from individuals in exchange for a lump sum payment. The GAR Disability Advocacy segment obtains and 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
SymbolNASDAQ:ASFI
CUSIP04622010
Phone201-567-5648
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E Ratio176.25
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$58.71 million
Price / Sales0.39
Cash Flow$0.6917 per share
Price / Cash5.00
Book Value$15.37 per share
Price / Book0.23
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
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. Shareholders 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 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 announced that its board has approved a share repurchase program on Sunday, April 9th 2017, which permits the company to buyback 5,310,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through a tender offer. Shares buyback programs are usually 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) released its 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?
Who are Asta Funding's key executives?
Asta Funding's management team includes the folowing people:
- Mr. Gary Stern, Chairman, Chief Exec. Officer and Pres (Age 65)
- Mr. Bruce R. Foster CPA, Chief Financial Officer (Age 58)
- Mr. Seth Berman Esq., Chief Compliance Officer, Gen. Counsel and Sec. (Age 55)
- Mr. Ricky Stern CFP, CIMA, Sr. VP, CEO of Gar Disability Advocates LLC and Pres of Gar Disability Advocates LLC (Age 33)
Has Asta Funding been receiving favorable news coverage?
Media stories about ASFI stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Asta Funding earned a coverage optimism score of 0.23 on Accern's scale. They also gave media stories about the business services provider an impact score of 45.29 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
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 $3.4585.
How big of a company is Asta Funding?
Asta Funding has a market capitalization of $23.35 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)
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 5/24/2016 forward)
Asta Funding (NASDAQ:ASFI) Earnings History and Estimates Chart
Asta Funding (NASDAQ ASFI) Earnings History by Quarter
| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 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: 16.19%
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 | Details |
|---|
| 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 |
|---|
 | Asta Funding, Inc. (ASFI) Announces Receipt of Nasdaq Non-Compliance Letter
www.streetinsider.com - May 19 at 9:34 AM |
 | 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 (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, May, 24, 2018
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