NASDAQ:CACC Credit Acceptance (CACC) Stock Forecast, Price & News $452.38 -7.74 (-1.68%) (As of 02:04 PM ET) Add Compare Share Share Today's Range$451.37▼$465.2450-Day Range$460.12▼$556.6052-Week Range$358.00▼$576.05Volume45,673 shsAverage Volume84,379 shsMarket Capitalization$5.80 billionP/E Ratio17.83Dividend YieldN/APrice Target$400.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Credit Acceptance MarketRank™ ForecastAnalyst RatingReduce1.67 Rating ScoreUpside/Downside11.6% Downside$400.00 Price TargetShort InterestBearish10.53% of Float Sold ShortDividend StrengthN/ASustainability-0.24Upright™ Environmental ScoreNews Sentiment0.95Based on 3 Articles This WeekInsider TradingSelling Shares$46.56 M Sold Last QuarterProj. Earnings Growth24.87%From $47.53 to $59.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.52 out of 5 starsFinance Sector840th out of 878 stocksPersonal Credit Institutions Industry13th out of 13 stocks 0.8 Analyst's Opinion Consensus RatingCredit Acceptance has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $400.00, Credit Acceptance has a forecasted downside of 11.6% from its current price of $452.38.Amount of Analyst CoverageCredit Acceptance has received no research coverage in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted10.53% of the float of Credit Acceptance has been sold short.Short Interest Ratio / Days to CoverCredit Acceptance has a short interest ratio ("days to cover") of 12.7, which indicates bearish sentiment.Change versus previous monthShort interest in Credit Acceptance has recently increased by 8.68%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCredit Acceptance does not currently pay a dividend.Dividend GrowthCredit Acceptance does not have a long track record of dividend growth. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCredit Acceptance has received a -11.96% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "Societal stability & understanding among people", and "Equality & human rights". The negative contribution in the "Societal stability & understanding among people" impact category is driven by its "Subprime car loans" and "Credit reporting services" products. See details.Environmental SustainabilityThe Environmental Impact score for Credit Acceptance is -0.24. Previous Next 2.2 News and Social Media Coverage News SentimentCredit Acceptance has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Credit Acceptance this week, compared to 3 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Credit Acceptance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $46,560,725.00 in company stock.Percentage Held by InsidersOnly 4.20% of the stock of Credit Acceptance is held by insiders.Percentage Held by Institutions66.15% of the stock of Credit Acceptance is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Credit Acceptance are expected to grow by 24.87% in the coming year, from $47.53 to $59.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Credit Acceptance is 17.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.46.Price to Earnings Ratio vs. SectorThe P/E ratio of Credit Acceptance is 17.83, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.14.Price to Book Value per Share RatioCredit Acceptance has a P/B Ratio of 3.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Credit Acceptance (NASDAQ:CACC) StockCredit 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.Read More CACC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CACC Stock News HeadlinesSeptember 23, 2023 | americanbankingnews.comCredit Acceptance Co. (NASDAQ:CACC) Forecasted to Post FY2023 Earnings of $55.69 Per ShareSeptember 22, 2023 | americanbankingnews.comQ1 2024 Earnings Forecast for Credit Acceptance Co. (NASDAQ:CACC) Issued By Zacks ResearchOctober 2, 2023 | Stansberry Research (Ad)Are "The Magnificent Seven" the Next Sears?The former retail giant’s sales once accounted for 1% of the U.S. economy. Now it’s nearly extinct. Will the same happen to big tech? Learn more here.September 12, 2023 | finance.yahoo.comCredit Acceptance Named One of the Fortune 2023 Best Workplaces in Financial Services & Insurance™September 11, 2023 | finance.yahoo.comCredit Acceptance Corporation (NASDAQ:CACC) is favoured by institutional owners who hold 48% of the companyAugust 31, 2023 | finance.yahoo.comCredit Acceptance (CACC) Up 3.8% Since Last Earnings Report: Can It Continue?August 23, 2023 | finance.yahoo.comCredit Acceptance Again Listed on PEOPLE Magazine 100 Companies that Care®August 18, 2023 | finance.yahoo.comRise in Active Dealers Aids Credit Acceptance (CACC), Costs AilOctober 2, 2023 | Legacy Research (Ad)Elon Did It Again: This Could be Bigger than TeslaLove him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.August 8, 2023 | finance.yahoo.comJudge puts US, New York predatory lending lawsuit against Credit Acceptance on holdAugust 3, 2023 | finance.yahoo.comCredit Acceptance (CACC) Dips on Q2 Earnings Miss, Provisions UpAugust 2, 2023 | insidermonkey.comCredit Acceptance Corporation (NASDAQ:CACC) Q2 2023 Earnings Call TranscriptAugust 2, 2023 | finance.yahoo.comCredit Acceptance (CACC) Q2 Earnings: How Key Metrics Compare to Wall Street EstimatesAugust 1, 2023 | finance.yahoo.comCredit Acceptance Announces Second Quarter 2023 ResultsJuly 26, 2023 | finance.yahoo.comCredit Acceptance Announces Timing of Second Quarter 2023 Earnings Release and WebcastJuly 19, 2023 | finance.yahoo.comCredit Acceptance Again Named One of the Best Workplaces for Millennials by FortuneJuly 18, 2023 | finance.yahoo.comCACC - Credit Acceptance CorporationJuly 14, 2023 | seekingalpha.comCredit Acceptance: Concerns On Provisions And Loan Book QualityJune 23, 2023 | seekingalpha.comCredit Acceptance extends maturity of revolving secured line of credit facilityJune 20, 2023 | finance.yahoo.comA Blessing in DisguiseJune 17, 2023 | seekingalpha.comCACC Credit Acceptance CorporationMay 25, 2023 | msn.comCredit Acceptance completes another $400M in asset-backed financingMay 4, 2023 | seekingalpha.comCredit Acceptance Corporation (CACC) Q1 2023 Earnings Call TranscriptMay 4, 2023 | finance.yahoo.comCredit Acceptance Corporation (NASDAQ:CACC) Q1 2023 Earnings Call TranscriptMay 2, 2023 | nasdaq.comNoteworthy Tuesday Option Activity: CACC, CHGG, MSFTMay 2, 2023 | msn.comCredit Suisse Maintains Credit Acceptance (CACC) Underperform RecommendationMay 2, 2023 | msn.comCredit Acceptance falls as high provisions hit Q1 earningsSee More Headlines Receive CACC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Credit Acceptance and its competitors with MarketBeat's FREE daily newsletter. Email Address CACC Company Calendar Last Earnings8/01/2023Today10/02/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNASDAQ:CACC CUSIP22531010 CIK885550 Webwww.creditacceptance.com Phone(248) 353-2700Fax248-353-9776Employees2,246Year Founded1972Price Target and Rating Average Stock Price Forecast$400.00 High Stock Price Forecast$440.00 Low Stock Price Forecast$380.00 Forecasted Upside/Downside-13.1%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$25.37 Trailing P/E Ratio18.14 Forward P/E Ratio9.68 P/E GrowthN/ANet Income$535.80 million Net Margins18.14% Pretax Margin23.76% Return on Equity36.01% Return on Assets8.55% Debt Debt-to-Equity Ratio2.62 Current Ratio16.47 Quick Ratio16.47 Sales & Book Value Annual Sales$1.84 billion Price / Sales3.21 Cash Flow$57.73 per share Price / Cash Flow7.97 Book Value$125.65 per share Price / Book3.66Miscellaneous Outstanding Shares12,822,000Free Float12,283,000Market Cap$5.90 billion OptionableOptionable Beta1.33 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Kenneth S. Booth (Age 56)CEO, Pres & Director Comp: $1.02MMr. Ravi Mohan (Age 50)Chief Technology Officer Comp: $95.51kMr. Andrew Rostami (Age 43)Chief Marketing & Product Officer Comp: $420.69kMs. Wendy A. Rummler (Age 46)Chief People Officer Comp: $427.31kMr. Arthur L. Smith (Age 50)Chief Analytics Officer Comp: $717.75kMr. Jonathan L. Lum (Age 46)Chief Operating Officer Mr. Jay D. Martin (Age 49)Sr. VP of Accounting & Financial Reporting and Principal Accounting Officer Mr. Noah Kotch (Age 53)Chief Information Officer Ms. Erin J. Kerber (Age 43)Chief Legal Officer, Chief Compliance Officer & Sec. Mr. Daniel A. Ulatowski (Age 51)Chief Sales Officer More ExecutivesKey CompetitorsNelnetNYSE:NNISLMNASDAQ:SLMDiscover Financial ServicesNYSE:DFSOneMainNYSE:OMFOaktree Specialty LendingNASDAQ:OCSLView All CompetitorsInsiders & InstitutionsBarclays PLCBought 1,076 shares on 9/21/2023Ownership: 0.014%Thomas W SmithSold 400 sharesTotal: $197,884.00 ($494.71/share)Manhattan West Asset Management LLCBought 1,030 shares on 9/1/2023Ownership: 0.031%Wolverine Trading LLCBought 12,800 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 361 shares on 8/21/2023Ownership: 0.061%View All Insider TransactionsView All Institutional Transactions CACC Stock - Frequently Asked Questions Should I buy or sell Credit Acceptance stock right now? 3 Wall Street 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 analysts is that investors should "reduce" CACC shares. View CACC analyst ratings or view top-rated stocks. What is Credit Acceptance's stock price forecast for 2023? 3 brokerages have issued 1-year target prices for Credit Acceptance's shares. Their CACC share price forecasts range from $380.00 to $440.00. On average, they expect the company's share price to reach $400.00 in the next year. This suggests that the stock has a possible downside of 13.1%. View analysts price targets for CACC or view top-rated stocks among Wall Street analysts. How have CACC shares performed in 2023? Credit Acceptance's stock was trading at $474.40 at the start of the year. Since then, CACC stock has decreased by 3.0% and is now trading at $460.12. View the best growth stocks for 2023 here. Are investors shorting Credit Acceptance? Credit Acceptance saw a increase in short interest in September. As of September 15th, there was short interest totaling 843,500 shares, an increase of 8.7% from the August 31st total of 776,100 shares. Based on an average trading volume of 66,300 shares, the short-interest ratio is presently 12.7 days. Approximately 10.5% of the company's stock are sold short. View Credit Acceptance's Short Interest. When is Credit Acceptance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our CACC earnings forecast. How were Credit Acceptance's earnings last quarter? Credit Acceptance Co. (NASDAQ:CACC) released its earnings results on Tuesday, August, 1st. The credit services provider reported $10.69 earnings per share for the quarter, missing analysts' consensus estimates of $10.81 by $0.12. The credit services provider earned $477.90 million during the quarter, compared to analyst estimates of $463.83 million. Credit Acceptance had a net margin of 18.14% and a trailing twelve-month return on equity of 36.01%. The business's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $13.92 earnings per share. 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). What is Credit Acceptance's stock symbol? Credit Acceptance trades on the NASDAQ under the ticker symbol "CACC." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Credit Acceptance's stock price today? One share of CACC stock can currently be purchased for approximately $460.12. How much money does Credit Acceptance make? Credit Acceptance (NASDAQ:CACC) has a market capitalization of $5.90 billion and generates $1.84 billion in revenue each year. The credit services provider earns $535.80 million in net income (profit) each year or $25.37 on an earnings per share basis. How many employees does Credit Acceptance have? The company employs 2,246 workers across the globe. How can I contact Credit Acceptance? Credit Acceptance's mailing address is 25505 W. Twelve Mile Road, Southfield MI, 48034. The official website for the company is www.creditacceptance.com. The credit services provider can be reached via phone at (248) 353-2700, via email at ir@creditacceptance.com, or via fax at 248-353-9776. This page (NASDAQ:CACC) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Credit Acceptance Co. 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