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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Shocking Bank Secret of the Ultra-Rich (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Shocking Bank Secret of the Ultra-Rich (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Shocking Bank Secret of the Ultra-Rich (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Shocking Bank Secret of the Ultra-Rich (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Shocking Bank Secret of the Ultra-Rich (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
Shocking Bank Secret of the Ultra-Rich (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
Laser breakthrough could send stock soaring 2,467% (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NASDAQ:CACC

Credit Acceptance (CACC) Stock Price, News & Analysis

$549.48
+0.65 (+0.12%)
(As of 02/22/2024 ET)
Today's Range
$548.60
$555.19
50-Day Range
$506.23
$582.42
52-Week Range
$379.77
$616.66
Volume
40,158 shs
Average Volume
71,366 shs
Market Capitalization
$6.76 billion
P/E Ratio
24.95
Dividend Yield
N/A
Price Target
$381.75

Credit Acceptance MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
30.5% Downside
$381.75 Price Target
Short Interest
Bearish
9.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
1.37mentions of Credit Acceptance in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$552,080 Sold Last Quarter
Proj. Earnings Growth
14.45%
From $44.00 to $50.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.46 out of 5 stars

Finance Sector

570th out of 815 stocks

Personal Credit Institutions Industry

8th out of 13 stocks


CACC stock logo

About Credit Acceptance Stock (NASDAQ:CACC)

Credit Acceptance Corporation engages in the provision of financing programs, and related products and services to independent and franchised automobile dealers 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. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company was incorporated in 1972 and is headquartered in Southfield, Michigan.

CACC Stock Price History

CACC Stock News Headlines

Credit Acceptance (NASDAQ:CACC) Downgraded by StockNews.com
CACC Mar 2024 420.000 put
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
CACC Mar 2024 610.000 call
BREAKING: The truth about war with China
Foreign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.
Sell Rating on Credit Acceptance Amid Forecast Cuts and Rising Costs
Recap: Credit Acceptance Q4 Earnings
Credit Acceptance Corp.
See More Headlines
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Company Calendar

Last Earnings
8/01/2023
Today
2/22/2024
Next Earnings (Estimated)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Current Symbol
NASDAQ:CACC
CUSIP
22531010
Employees
2,232
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$381.75
High Stock Price Target
$440.00
Low Stock Price Target
$347.00
Potential Upside/Downside
-30.5%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$286.10 million
Pretax Margin
19.33%

Debt

Sales & Book Value

Annual Sales
$1.90 billion
Cash Flow
$44.67 per share
Book Value
$142.54 per share

Miscellaneous

Free Float
11,786,000
Market Cap
$6.76 billion
Optionable
Optionable
Beta
1.48

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CACC Stock Analysis - Frequently Asked Questions

Should I buy or sell Credit Acceptance stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CACC shares.
View CACC analyst ratings
or view top-rated stocks.

What is Credit Acceptance's stock price target for 2024?

3 equities research analysts have issued 12 month target prices for Credit Acceptance's stock. Their CACC share price targets range from $347.00 to $440.00. On average, they predict the company's stock price to reach $381.75 in the next twelve months. This suggests that the stock has a possible downside of 30.5%.
View analysts price targets for CACC
or view top-rated stocks among Wall Street analysts.

How have CACC shares performed in 2024?

Credit Acceptance's stock was trading at $532.73 at the beginning of 2024. Since then, CACC stock has increased by 3.1% and is now trading at $549.48.
View the best growth stocks for 2024 here
.

When is Credit Acceptance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our CACC earnings forecast
.

How were Credit Acceptance's earnings last quarter?

Credit Acceptance Co. (NASDAQ:CACC) announced its quarterly earnings results on Wednesday, January, 31st. The credit services provider reported $10.06 EPS for the quarter, topping analysts' consensus estimates of $9.17 by $0.89. The credit services provider earned $491.60 million during the quarter, compared to analyst estimates of $478.80 million. Credit Acceptance had a trailing twelve-month return on equity of 30.94% and a net margin of 15.04%.

What ETFs hold Credit Acceptance's stock?

ETFs with the largest weight of Credit Acceptance (NASDAQ:CACC) stock in their portfolio include SRH U.S. Quality ETF (SRHQ) and Harbor Corporate Culture Leaders ETF (HAPY).Ranger Equity Bear ETF (HDGE).

What is Kenneth S. Booth's approval rating as Credit Acceptance's CEO?

66 employees have rated Credit Acceptance Chief Executive Officer Kenneth S. Booth on Glassdoor.com. Kenneth S. Booth has an approval rating of 87% among the company's employees. 78.0% of employees surveyed would recommend working at Credit Acceptance to a friend.

What other stocks do shareholders of Credit Acceptance own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Credit Acceptance investors own include Bank of America (BAC), Gilead Sciences (GILD), Netflix (NFLX), Salesforce (CRM), Home Depot (HD), NVIDIA (NVDA), AT&T (T), Tesla (TSLA), AbbVie (ABBV) and Alibaba Group (BABA).

Who are Credit Acceptance's major shareholders?

Credit Acceptance's stock is owned by a variety of institutional and retail investors. Top institutional investors include Cerity Partners LLC (7.06%), Vanguard Group Inc. (4.04%), Gobi Capital LLC (2.96%), Cantillon Capital Management LLC (2.00%), Dimensional Fund Advisors LP (1.53%) and Smead Capital Management Inc. (1.45%). Insiders that own company stock include A Foss Irrevocable Tru Donald, Andrew K Rostami, Arthur L Smith, Daniel A Ulatowski, Daniel A Ulatowski, Donald A Foss, Douglas W Busk, Jill Foss Watson, Jonathan Lum, Kenneth Booth, Prescott General Partners Llc, Thomas N Tryforos, Thomas W Smith and Wendy A Rummler.
View institutional ownership trends
.

How do I buy shares of Credit Acceptance?

Shares of CACC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CACC) was last updated on 2/23/2024 by MarketBeat.com Staff