Credit Acceptance (CACC) Expected to Announce Quarterly Earnings on Thursday

Credit Acceptance (NASDAQ:CACC - Get Free Report) is projected to post its Q2 2025 quarterly earnings results before the market opens on Thursday, July 31st. Analysts expect Credit Acceptance to post earnings of $9.89 per share and revenue of $583.30 million for the quarter.

Credit Acceptance (NASDAQ:CACC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The credit services provider reported $9.35 earnings per share for the quarter, missing analysts' consensus estimates of $10.31 by ($0.96). Credit Acceptance had a return on equity of 28.60% and a net margin of 13.03%. The company had revenue of $571.10 million for the quarter, compared to analyst estimates of $570.25 million. During the same period in the previous year, the business posted $9.28 earnings per share. The firm's revenue was up 12.4% compared to the same quarter last year. On average, analysts expect Credit Acceptance to post $53 EPS for the current fiscal year and $60 EPS for the next fiscal year.

Credit Acceptance Stock Performance

Shares of Credit Acceptance stock traded up $6.98 during trading hours on Friday, hitting $520.47. 63,389 shares of the company were exchanged, compared to its average volume of 134,689. The company has a current ratio of 17.64, a quick ratio of 17.64 and a debt-to-equity ratio of 3.92. The business has a 50-day moving average of $504.35 and a 200-day moving average of $496.93. Credit Acceptance has a 1 year low of $409.22 and a 1 year high of $590.50. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 22.20 and a beta of 1.15.

Insider Buying and Selling at Credit Acceptance

In related news, insider Andrew K. Rostami sold 375 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $505.29, for a total transaction of $189,483.75. Following the completion of the transaction, the insider directly owned 25,478 shares of the company's stock, valued at $12,873,778.62. This represents a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Daniel A. Ulatowski sold 6,356 shares of Credit Acceptance stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $522.16, for a total value of $3,318,848.96. Following the completion of the sale, the insider directly owned 28,290 shares in the company, valued at $14,771,906.40. This represents a 18.35% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 26,731 shares of company stock valued at $14,307,733. 5.30% of the stock is owned by company insiders.

Institutional Trading of Credit Acceptance

A number of institutional investors have recently modified their holdings of CACC. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Credit Acceptance by 3.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 23,886 shares of the credit services provider's stock valued at $12,334,000 after buying an additional 900 shares in the last quarter. AQR Capital Management LLC increased its stake in Credit Acceptance by 230.6% in the 1st quarter. AQR Capital Management LLC now owns 7,885 shares of the credit services provider's stock valued at $3,961,000 after purchasing an additional 5,500 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in Credit Acceptance by 31.6% during the first quarter. Royal Bank of Canada now owns 1,916 shares of the credit services provider's stock worth $989,000 after purchasing an additional 460 shares during the last quarter. 81.71% of the stock is currently owned by hedge funds and other institutional investors.

Credit Acceptance Company Profile

Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers.