Altisource Portfolio SolutionsASPS
ASPS
About: Altisource Portfolio Solutions SA is an integrated service provider and marketplace for the real estate and mortgage industries. It operates via two reportable segments namely Servicer and Real Estate and Origination. The Servicer and Real Estate segment provides loan servicers and real estate investors with solutions and technologies that span the mortgage and real estate lifecycle. The Origination segment provides originators with solutions and technologies that span the mortgage origination lifecycle. Altisource primarily serves financial institutions, government-sponsored enterprises, and originators in the United States, with the majority of revenue flowing from field services and mortgage and real estate solutions.
Employees: 1,071
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1.74% more ownership
Funds ownership: 31.32% [Q3] → 33.06% (+1.74%) [Q4]
3% less funds holding
Funds holding: 30 [Q3] → 29 (-1) [Q4]
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
42% less capital invested
Capital invested by funds: $10.1M [Q3] → $5.92M (-$4.22M) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Research analyst outlook
We haven’t received any recent analyst ratings for ASPS.
Financial journalist opinion
Neutral
GlobeNewsWire
2 days ago
Altisource Announces Closing of the Previously Announced Exchange and Maturity Extension Transactions of the Company's Term Loans
LUXEMBOURG, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, announced the closing of its previously announced exchange transaction with one hundred percent (100%) of lenders under the Company's senior secured term loans (the “Lenders”) (the “Term Loan Exchange Transactions") and entered into a $12.5 million super senior credit facility (the “Super Senior Facility”).
Neutral
GlobeNewsWire
2 weeks ago
Altisource Announces Proposed Distribution of Warrants to Purchase Common Stock and Sets February 14, 2025 as the Record Date For Proposed Distribution
LUXEMBOURG, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (Nasdaq: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced a proposed issuance under Luxembourg law under the authorized share capital mechanism, which is more commonly referred to as a distribution in the United States (the “Warrant Distribution”), of transferable Warrants (as defined below) to holders (collectively, the “Stakeholders”) of Altisource's (i) common stock (the “Common Stock”), (ii) restricted share units (“RSUs”) and (iii) outstanding warrants to purchase shares of Common Stock at an exercise price of $0.01 per share (“Existing Warrants”), in each case, as of 5:00 p.m., New York City time, on February 14, 2025 (the “Distribution Record Date”). The Warrant Distribution is contingent upon, among other things, approval by the Company's shareholders of the proposals set forth in the Company's definitive proxy statement on Schedule 14A filed with the SEC on January 3, 2025 (the “Proxy Statement”) and the consummation of the transactions contemplated by that certain previously disclosed Transaction Support Agreement (the “Transactions”), which Transactions are summarized in the Proxy Statement.
Neutral
GlobeNewsWire
1 month ago
Altisource Announces it (1) Anticipates the Record Date to Receive Stakeholder Warrants in Connection With the Previously Announced Debt Exchange Transaction to be February 14, 2025 (2) Entered Into Voting Support Agreements in Favor of Proposals Relating to the Debt Exchange Transaction With Shareholders Holding Approximately 53% of the Company's Common Stock
LUXEMBOURG, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it anticipates holders of Altisource's common stock, restricted share units and existing penny warrants (“Existing Warrants”), in each case, of record as of February 14, 2025 will receive warrants to purchase approximately 3.25 shares of Altisource common stock at an exercise price of $1.20 per share (the “Warrants”) for each share of common stock, restricted share unit and share of common stock issuable upon exercise of Existing Warrants. The Warrants are a component of the previously announced anticipated exchange, amendment and maturity extension transaction of the Company's term loans and certain other transactions (collectively, the “Transactions”) contemplated by the Transaction Support Agreement the Company and its wholly owned subsidiary, Altisource S.À R.L., entered into on December 16, 2024 with holders of approximately 99% of the total outstanding principal amount of the Company's outstanding term loans. Issuance of the Warrants is subject to shareholder approval of each of the proposals (the “Proposals”) set forth in the Company's definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on January 3, 2025 (the “Proxy Statement”) and the closing of the Transactions.
Neutral
Seeking Alpha
3 months ago
Altisource Portfolio Solutions SA (ASPS) Q3 2024 Earnings Call Transcript
Altisource Portfolio Solutions SA (NASDAQ:ASPS ) Q3 2024 Earnings Conference Call October 24, 2024 8:30 AM ET Company Participants Michelle Esterman - Chief Financial Officer Bill Shepro - Chairman and Chief Executive Officer Conference Call Participants Raj Sharma - B. Riley Mike Grondahl - Northland Operator Good day, and thank you for standing by.
Neutral
Zacks Investment Research
3 months ago
Altisource Portfolio Solutions (ASPS) Reports Q3 Loss, Lags Revenue Estimates
Altisource Portfolio Solutions (ASPS) came out with a quarterly loss of $0.23 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.44 per share a year ago.
Neutral
GlobeNewsWire
3 months ago
Altisource Announces Third Quarter 2024 Financial Results
LUXEMBOURG, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported financial results for the third quarter 2024.
Neutral
GlobeNewsWire
4 months ago
Altisource Portfolio Solutions S.A. Schedules Third Quarter 2024 Conference Call
LUXEMBOURG, Oct. 22, 2024 (GLOBE NEWSWIRE) -- On Thursday, October 24, 2024, Altisource Portfolio Solutions S.A. (“Altisource”) (NASDAQ: ASPS) will report earnings for the third quarter 2024. A press release and presentation will be available on Altisource's website in the Investor Relations section.
Neutral
Seeking Alpha
6 months ago
Altisource Portfolio Solutions S.A. (ASPS) Q2 2024 Earnings Call Transcript
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS ) Q2 2024 Results Conference Call July 25, 2024 8:30 AM ET Company Participants Michelle Esterman - Chief Financial Officer Bill Shepro - Chairman and Chief Executive Officer Conference Call Participants Raj Sharma - B.
Neutral
Zacks Investment Research
6 months ago
Compared to Estimates, Altisource Portfolio (ASPS) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Altisource Portfolio (ASPS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Zacks Investment Research
6 months ago
Altisource Portfolio Solutions (ASPS) Reports Q2 Loss, Misses Revenue Estimates
Altisource Portfolio Solutions (ASPS) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0.68 per share a year ago.
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