Asta Funding Company Profile (NASDAQ:ASFI)

About Asta Funding (NASDAQ:ASFI)

Asta Funding logoAsta 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.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Corporate Financial Services - NEC
  • Sub-Industry: Consumer Finance
  • Symbol: NASDAQ:ASFI
  • CUSIP: 04622010
  • Web: www.astafunding.com
Capitalization:
  • Market Cap: $46.59 million
  • Outstanding Shares: 6,562,000
Average Prices:
  • 50 Day Moving Avg: $7.55
  • 200 Day Moving Avg: $8.41
  • 52 Week Range: $6.15 - $11.97
P/E:
  • Trailing P/E Ratio: 124.56
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $52.17 million
  • Price / Sales: 0.89
  • Book Value: $18.31 per share
  • Price / Book: 0.39
Profitability:
  • EBIDTA: $5.55 million
  • Net Margins: 3.08%
  • Return on Equity: 1.01%
  • Return on Assets: 0.68%
Debt:
  • Debt-to-Equity Ratio: 0.70%
Misc:
  • Average Volume: 16,878 shs.
  • Beta: 0.45
  • Short Ratio: 2.01
 
Frequently Asked Questions for Asta Funding (NASDAQ:ASFI)

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 buyback plan on Sunday, April 9th 2017, which permits the company to repurchase 5,310,000 shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through a tender offer. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

How were Asta Funding's earnings last quarter?

Asta Funding, Inc. (NASDAQ:ASFI) announced its quarterly earnings data on Friday, May, 26th. The company reported ($0.57) EPS for the quarter. The company had revenue of $8.27 million for the quarter. Asta Funding had a net margin of 3.08% and a return on equity of 1.01%. View Asta Funding's Earnings History.

When will Asta Funding make its next earnings announcement?

Asta Funding is scheduled to release their next quarterly earnings announcement on Monday, August, 7th 2017. View Earnings Estimates for Asta Funding.

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:

  • Gary Stern, Chairman of the Board, President, Chief Executive Officer
  • Ricky Stern, Senior Vice President
  • Seth Berman Esq., Chief Compliance Officer, General Counsel
  • David S. Slackman, Lead Independent Director
  • Louis A. Piccolo, Director
  • Edward A. Celano, Independent Director
  • Harvey Leibowitz, Independent Director
  • Mark Levenfus, Independent Director

How do I buy Asta Funding stock?

Shares of Asta Funding can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Asta Funding's stock price today?

One share of Asta Funding stock can currently be purchased for approximately $7.10.


MarketBeat Community Rating for Asta Funding (NASDAQ ASFI)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  16 (Vote Outperform)
Underperform Votes:  18 (Vote Underperform)
Total Votes:  34
MarketBeat's community ratings are surveys of what our community members think about Asta Funding and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Asta Funding (NASDAQ:ASFI) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Asta Funding (NASDAQ:ASFI)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Asta Funding (NASDAQ:ASFI)
Earnings by Quarter for Asta Funding (NASDAQ:ASFI)
Earnings History by Quarter for Asta Funding (NASDAQ ASFI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/7/2017N/AView Earnings Details
5/26/2017Q2 2017($0.57)$8.27 millionViewN/AView Earnings Details
2/9/2017Q1 2017($0.06)$10.45 millionViewN/AView Earnings Details
12/14/2015Q415$0.08$12.71 millionViewListenView Earnings Details
8/10/2015Q315$0.01$10.03 millionViewListenView Earnings Details
8/20/2014Q3 2014$1.39$36.27 millionViewN/AView Earnings Details
2/10/2014Q114$0.18ViewN/AView Earnings Details
12/12/2013Q4$0.16ViewListenView Earnings Details
8/9/2013Q3 2013$0.30ViewN/AView Earnings Details
5/9/2013Q2 2013$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Asta Funding (NASDAQ:ASFI)
Current Year EPS Consensus Estimate: $0.73 EPS

Dividends

Dividend History by Quarter for Asta Funding (NASDAQ ASFI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/17/2012special$0.0812/20/201212/24/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Asta Funding (NASDAQ:ASFI)
Insider Ownership Percentage: 21.80%
Institutional Ownership Percentage: 16.14%
Insider Trades by Quarter for Asta Funding (NASDAQ:ASFI)
Institutional Ownership by Quarter for Asta Funding (NASDAQ:ASFI)
Insider Trades by Quarter for Asta Funding (NASDAQ:ASFI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/13/2017Mark LevenfusDirectorBuy3,000$7.13$21,390.00View SEC Filing  
2/23/2017Ricky SternInsiderBuy471,086$10.35$4,875,740.10View SEC Filing  
5/12/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,903,274$10.34$19,679,853.16View SEC Filing  
3/10/2016Harvey LeibowitzDirectorSell2,000$8.07$16,140.00View SEC Filing  
2/29/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,800$7.15$12,870.00View SEC Filing  
2/25/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy324,600$7.00$2,272,200.00View SEC Filing  
2/16/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,200$7.61$9,132.00View SEC Filing  
2/12/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,800$7.41$13,338.00View SEC Filing  
2/11/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy6,652$7.46$49,623.92View SEC Filing  
2/9/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy5,557$7.19$39,954.83View SEC Filing  
2/8/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,100$7.19$7,909.00View SEC Filing  
2/4/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy255,573$7.25$1,852,904.25View SEC Filing  
2/3/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy500$7.33$3,665.00View SEC Filing  
2/2/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy12,100$7.31$88,451.00View SEC Filing  
1/13/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy1,800$8.00$14,400.00View SEC Filing  
1/12/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy4,400$7.97$35,068.00View SEC Filing  
1/8/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy2,800$7.73$21,644.00View SEC Filing  
1/7/2016Mangrove Partners Fund (CaymanMajor ShareholderBuy17,933$7.73$138,622.09View SEC Filing  
12/31/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy13,143$7.97$104,749.71View SEC Filing  
12/30/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy4,700$8.00$37,600.00View SEC Filing  
12/29/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy7,093$8.02$56,885.86View SEC Filing  
12/28/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy3,530$7.87$27,781.10View SEC Filing  
12/24/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy6,300$7.82$49,266.00View SEC Filing  
12/22/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy1,259$7.68$9,669.12View SEC Filing  
12/15/2015Mangrove Partners Fund (CaymanMajor ShareholderBuy44,350$8.07$357,904.50View SEC Filing  
2/19/2014Robert J MichelCFOSell10,000$8.28$82,800.00View SEC Filing  
9/16/2013Seth BermanGeneral CounselSell7,000$8.60$60,200.00View SEC Filing  
5/22/2013Mary L CurtinSVPSell25,000$8.80$220,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Asta Funding (NASDAQ:ASFI)
Latest Headlines for Asta Funding (NASDAQ:ASFI)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Asta Funding, Inc. : July 13, 2017
finance.yahoo.com - July 13 at 4:54 PM
finance.yahoo.com logoETFs with exposure to Asta Funding, Inc. : June 19, 2017
finance.yahoo.com - June 19 at 3:45 PM
finance.yahoo.com logoFeatured Company News - WEX Announces an Agreement with GasBuddy; Set to Expand the Retail Gasoline
finance.yahoo.com - June 16 at 4:21 PM
finance.yahoo.com logoAsta Funding, Inc. :ASFI-US: Earnings Analysis: Q2, 2017 By the Numbers : June 16, 2017
finance.yahoo.com - June 16 at 4:21 PM
americanbankingnews.com logoAsta Funding, Inc. (ASFI) Director Purchases $21,390.00 in Stock
www.americanbankingnews.com - June 15 at 1:20 PM
americanbankingnews.com logoAsta Funding, Inc. (ASFI) Cut to "D+" at TheStreet
www.americanbankingnews.com - June 1 at 2:22 PM
finance.yahoo.com logoAsta Funding, Inc. Announces Receipt of Nasdaq Compliance Letter
finance.yahoo.com - May 30 at 9:02 PM
americanbankingnews.com logoAsta Funding, Inc. (ASFI) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 29 at 9:30 AM
seekingalpha.com logoAsta Funding's (ASFI) CEO Gary Stern on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - May 27 at 3:48 PM
finance.yahoo.com logoEdited Transcript of ASFI earnings conference call or presentation 26-May-17 1:30pm GMT
finance.yahoo.com - May 27 at 1:59 AM
finance.yahoo.com logoAsta Funding Announces Results for the Second Quarter Ended March 31, 2017
finance.yahoo.com - May 26 at 3:56 PM
finance.yahoo.com logoAsta Funding reports 2Q loss
finance.yahoo.com - May 26 at 3:56 PM
finance.yahoo.com logoAsta Funding, Inc. Announces Receipt of Nasdaq Non-Compliance Letter
finance.yahoo.com - May 24 at 9:42 AM
finance.yahoo.com logoAsta Funding, Inc. Announces Decision to Restate First Quarter 2017
finance.yahoo.com - May 16 at 12:32 PM
seekingalpha.com logoAsta Funding, Inc: Management Is Focused On Increasing Shareholder Value
seekingalpha.com - May 14 at 10:11 AM
americanbankingnews.com logoAsta Funding (ASFI) Earning Somewhat Positive Press Coverage, Analysis Finds
www.americanbankingnews.com - May 1 at 12:39 PM
americanbankingnews.com logoAsta Funding (ASFI) Earning Somewhat Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 28 at 9:04 AM
americanbankingnews.com logoAsta Funding (ASFI) Receives Media Sentiment Score of 0.35
www.americanbankingnews.com - April 22 at 12:55 PM
americanbankingnews.com logoAsta Funding (ASFI) Getting Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 16 at 9:32 AM
americanbankingnews.com logoAsta Funding (ASFI) Receives Daily Media Impact Score of 0.25
www.americanbankingnews.com - April 13 at 2:14 PM
finance.yahoo.com logoCBC Settlement Funding Completes BBRVII 2017--Private Placement Note Offering
finance.yahoo.com - April 10 at 8:39 PM
americanbankingnews.com logoAsta Funding (ASFI) Board Initiates Stock Buyback Plan
www.americanbankingnews.com - April 9 at 8:19 AM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Changes in Registrant's Certifying Accountant
biz.yahoo.com - March 16 at 10:09 PM
finance.yahoo.com logoAsta Funding, Inc. Announces Final Results of its Tender Offer
finance.yahoo.com - February 22 at 8:40 PM
finance.yahoo.com logoAsta Funding, Inc. Announces Preliminary Results of its Tender Offer
finance.yahoo.com - February 16 at 8:44 PM
finance.yahoo.com logoEdited Transcript of ASFI earnings conference call or presentation 9-Feb-17 2:00pm GMT
finance.yahoo.com - February 10 at 1:50 AM
us.rd.yahoo.com logoAsta Funding Announces Results for The First Quarter Ended December 31, 2016
us.rd.yahoo.com - February 9 at 8:48 PM
finance.yahoo.com logoAsta Funding reports 1Q loss
finance.yahoo.com - February 9 at 3:45 PM
finance.yahoo.com logoAsta Funding, Inc. Extends Tender Offer Until 11:59 p.m., February 15, 2017
finance.yahoo.com - February 2 at 3:42 PM
streetinsider.com logoAsta Funding, Inc. (ASFI) Commences 5.3M Share Tender Offer for Its Common Stock
www.streetinsider.com - January 21 at 8:39 PM
finance.yahoo.com logoAsta Funding, Inc. Announces Commencement of Tender Offer to Purchase Up to 5,314,009 Shares of its Common Stock
finance.yahoo.com - January 19 at 4:44 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - January 19 at 4:44 PM
us.rd.yahoo.com logo9:17 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
nasdaq.com logoAsta Funding Reaches Agreement with Mangrove Partners
www.nasdaq.com - January 9 at 4:29 PM
streetinsider.com logoAsta 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
biz.yahoo.com logoASTA 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
finance.yahoo.com logoASTA FUNDING INC Financials
finance.yahoo.com - December 20 at 3:54 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - December 16 at 1:31 AM
seekingalpha.com logoAsta Funding's (ASFI) CEO Gary Stern on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - December 15 at 2:24 AM
finance.yahoo.com logoEdited Transcript of ASFI earnings conference call or presentation 14-Dec-16 3:00pm GMT
finance.yahoo.com - December 15 at 2:24 AM
us.rd.yahoo.com logoAsta Funding Announces Results for The Fourth Quarter and Fiscal Year Ended September 30, 2016
us.rd.yahoo.com - December 14 at 4:22 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Termination of a Material Definitive Agreement
biz.yahoo.com - November 29 at 4:37 PM
finance.yahoo.com logo4:14 pm Asta Funding announces the formation of a wholly owned subsidiary Simia Capital, to expand its personal injury claims funding business
finance.yahoo.com - November 15 at 9:53 PM
biz.yahoo.com logoASTA 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
biz.yahoo.com logoASTA 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
cnbc.com logoAsta Funding posts 3Q profit
www.cnbc.com - August 11 at 12:52 PM
finance.yahoo.com logoEdited Transcript of ASFI earnings conference call or presentation 9-Aug-16 2:00pm GMT
finance.yahoo.com - August 9 at 10:12 PM
biz.yahoo.com logoASTA FUNDING INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - July 11 at 5:31 PM
finance.yahoo.com logoCBC Settlement Funding Completes BBRVI 2016-A Private Placement Note Offering
finance.yahoo.com - July 11 at 5:12 PM
biz.yahoo.com logoASTA 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

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Chart

Asta Funding (ASFI) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff