Credit Acceptance (NASDAQ:CACC) Sets New 12-Month High - Here's Why

Key Points

• 52‑week high: CACC shares reached a new 52‑week high intraday at $565.14 and last traded near $552.83 on Wednesday, with notable volume and a roughly 2.2% gain.
• Mixed Q1 results: Adjusted EPS was $10.71 (a $0.02 miss) and credit loss provisions declined, but revenue totaled $406M versus Street estimates of about $580.8M, a sizable shortfall that raises questions about originations and dealer flows.
• Funding and sentiment: The company completed a $450M asset‑backed financing to improve funding flexibility and de‑risk part of the loan book, yet analysts remain mixed (consensus "Moderate Buy" with an average $505 target) and insiders have recently sold shares.

Credit Acceptance Corporation (NASDAQ:CACC - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $565.14 and last traded at $552.8310, with a volume of 69852 shares traded. The stock had previously closed at $525.67.

Key Headlines Impacting Credit Acceptance

Here are the key news stories impacting Credit Acceptance this week:

• Positive Sentiment: Completion of $450M asset‑backed financing improves funding flexibility and de‑risks portions of the loan book, which supports growth and liquidity. Credit Acceptance Announces Completion Of $450.0 Million Asset-Backed Financing
• Positive Sentiment: Adjusted earnings showed strength: adjusted net income of $117.3M, or $10.71/share, and consolidated net income of $135.8M ($12.40/share). Management reported year‑over‑year revenue growth and a decline in credit loss provisions, which investors view as credit quality improvement. Credit Acceptance Announces First Quarter 2026 Results
• Neutral Sentiment: Quarterly coverage and summaries (Yahoo, Seeking Alpha) provide detail for investors and analysts but add no new catalyst beyond the filings and call transcript. Credit Acceptance: Q1 Earnings Snapshot
• Neutral Sentiment: Full earnings call transcript is available for investors digging into guidance, portfolio performance and underwriting commentary — useful for assessing forward credit trends but not an immediate new catalyst. Credit Acceptance Corporation (CACC) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Reported revenue ($406.0M) came in well below Street aggregate revenue expectations (~$580.8M), and GAAP/press‑release figures show a small EPS miss on the adjusted metric (reported adjusted EPS roughly in line / tiny miss vs. consensus). The revenue shortfall raises questions on originations, dealer flows or seasonal timing. Credit Acceptance Q1 results (MarketBeat summary)
• Negative Sentiment: Analyst caution: TD Cowen bumped the price target to $500 but assigned a Hold, flagging mounting competitive pressures that could compress returns or market share over time. That commentary tempers the upside despite near‑term positives. Credit Acceptance: Mixed Q1, Mounting Competitive Pressures Lead to Hold Rating Despite Price Target Hike to $500

Analyst Ratings Changes

Several equities research analysts recently commented on CACC shares. Zacks Research upgraded shares of Credit Acceptance from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, February 3rd. Weiss Ratings reissued a "hold (c)" rating on shares of Credit Acceptance in a research note on Monday, April 20th. Stephens boosted their target price on shares of Credit Acceptance from $450.00 to $540.00 and gave the company an "equal weight" rating in a research note on Friday, April 17th. Finally, TD Cowen reissued a "hold" rating on shares of Credit Acceptance in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Credit Acceptance currently has a consensus rating of "Moderate Buy" and an average price target of $505.00.

Credit Acceptance Stock Up 2.2%

The firm's 50 day moving average is $476.61 and its two-hundred day moving average is $468.82. The stock has a market cap of $5.60 billion, a price-to-earnings ratio of 14.77 and a beta of 1.36. The company has a current ratio of 16.91, a quick ratio of 16.91 and a debt-to-equity ratio of 4.10.

Credit Acceptance (NASDAQ:CACC - Get Free Report) last announced its earnings results on Tuesday, May 5th. The credit services provider reported $10.71 earnings per share for the quarter, missing the consensus estimate of $10.73 by ($0.02). Credit Acceptance had a net margin of 18.29% and a return on equity of 28.86%. The firm had revenue of $406.00 million during the quarter, compared to analyst estimates of $580.77 million. During the same period in the previous year, the firm posted $9.35 EPS. The company's revenue for the quarter was up 1.6% compared to the same quarter last year. On average, sell-side analysts predict that Credit Acceptance Corporation will post 47 EPS for the current year.

Insider Activity at Credit Acceptance

In other news, major shareholder Jill Foss Watson sold 9,450 shares of the company's stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $538.52, for a total transaction of $5,089,014.00. Following the completion of the transaction, the insider owned 92,107 shares of the company's stock, valued at $49,601,461.64. This represents a 9.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kenneth Booth sold 4,000 shares of the company's stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $534.00, for a total transaction of $2,136,000.00. Following the transaction, the director directly owned 22,832 shares of the company's stock, valued at approximately $12,192,288. This represents a 14.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 29,852 shares of company stock worth $15,782,643. Corporate insiders own 6.60% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of CACC. Royal Bank of Canada increased its stake in shares of Credit Acceptance by 31.6% during the 1st quarter. Royal Bank of Canada now owns 1,916 shares of the credit services provider's stock valued at $989,000 after acquiring an additional 460 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of Credit Acceptance by 230.6% during 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 acquiring an additional 5,500 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Credit Acceptance by 3.9% during the 1st 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 worth $12,334,000 after purchasing an additional 900 shares in the last quarter. Creative Planning increased its position in Credit Acceptance by 35.6% during the 2nd quarter. Creative Planning now owns 529 shares of the credit services provider's stock worth $269,000 after purchasing an additional 139 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in Credit Acceptance by 4.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 5,077 shares of the credit services provider's stock worth $2,586,000 after purchasing an additional 232 shares in the last quarter. Institutional investors and hedge funds own 81.71% of the company's stock.

About Credit Acceptance

Credit Acceptance Corporation, founded in 1972 and headquartered in Southfield, Michigan, is a specialty finance company focused on the indirect automotive lending market. The company partners with independent and franchised auto dealers to facilitate purchase financing for consumers who may not qualify for traditional prime auto loans. By purchasing retail installment contracts originated by these dealers, Credit Acceptance provides capital and credit insurance to support vehicle sales, enabling dealers to broaden their customer base and reduce credit risk.

Through its proprietary underwriting platform and risk management strategies, Credit Acceptance evaluates borrower applications, structures credit plans, and retains servicing rights on the acquired contracts.

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