Credit Acceptance Corp. Company Profile (NASDAQ:CACC)

About Credit Acceptance Corp.

Credit Acceptance Corp. logoCredit Acceptance Corporation (Credit Acceptance) is a provider of financing programs to automobile dealers that enable them to sell vehicles to consumers. The Company's financing programs are offered through a nationwide network of automobile dealers; from repeat and referral sales generated by customers, and from sales to customers responding to advertisements for it products. The Company has two programs: the Portfolio Program and the Purchase Program. Under the Portfolio Program, it advances money to dealer (Dealer Loan) in exchange for the right to service the underlying consumer loans. Under the Purchase Program, the Company buys the consumer loans from the dealer (Purchased Loan) and keeps all amounts collected from the consumer. Its target market is independent and franchised automobile dealers in the United States. It provides dealers the ability to offer vehicle service contracts to consumers through its relationships with third-party providers (TPPs).

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: Consumer Finance
  • Exchange: NASDAQ
  • Symbol: CACC
  • CUSIP: 22531010
Key Metrics:
  • Previous Close: $194.93
  • 50 Day Moving Average: $198.68
  • 200 Day Moving Average: $189.02
  • 52-Week Range: $159.43 - $258.58
  • Trailing P/E Ratio: 13.30
  • Foreward P/E Ratio: 10.62
  • P/E Growth: 1.87
  • Market Cap: $4.10B
  • Outstanding Shares: 20,379,000
  • Beta: 0.67
Profitability:
  • Net Margins: 35.03%
  • Return on Equity: 33.91%
  • Return on Assets: 9.19%
Debt:
  • Debt-to-Equity Ratio: 2.35%
  • Current Ratio: 28.00%
  • Quick Ratio: 28.00%
Additional Links:
Companies Related to Credit Acceptance Corp.:

Analyst Ratings

Consensus Ratings for Credit Acceptance Corp. (NASDAQ:CACC) (?)
Ratings Breakdown: 5 Sell Ratings, 2 Hold Ratings
Consensus Rating:Sell (Score: 1.29)
Consensus Price Target: $170.00 (15.45% downside)

Analysts' Ratings History for Credit Acceptance Corp. (NASDAQ:CACC)
Show:
DateFirmActionRatingPrice TargetDetails
9/22/2016Janney Montgomery ScottReiterated RatingHoldView Rating Details
9/6/2016Compass PointDowngradeNeutral -> Sell$170.00View Rating Details
7/27/2016Credit Suisse Group AGDowngradeNeutral -> Underperform$200.00 -> $185.00View Rating Details
5/11/2016MacquarieDowngradeNeutral -> Underperform$190.00 -> $150.00View Rating Details
5/3/2016BMO Capital MarketsReiterated RatingHoldView Rating Details
3/16/2016JMP SecuritiesDowngradeMarket Perform -> Underperform$160.00View Rating Details
2/3/2016Raymond James Financial Inc.DowngradeMkt Perform -> UnderperformView Rating Details
7/7/2015Jefferies GroupBoost Price TargetHold$240.00View Rating Details
(Data available from 10/1/2014 forward)

Earnings

Earnings History for Credit Acceptance Corp. (NASDAQ:CACC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/27/2016        
7/29/2016Q216$3.86$4.38$232.40 million$238.50 millionViewListenView Earnings Details
5/2/2016Q116$3.81$4.02$224.06 millionViewListenView Earnings Details
2/1/2016Q415$3.75$4.00$216.49 million$217.80 millionViewN/AView Earnings Details
10/29/2015Q315$3.69$3.77$207.44 millionViewListenView Earnings Details
7/29/2015Q2$3.59$3.60$195.50 million$203.10 millionViewListenView Earnings Details
4/29/2015Q115$3.33$3.44$194.20 millionViewN/AView Earnings Details
1/29/2015$3.26$3.28ViewN/AView Earnings Details
10/29/2014Q313$3.14$3.26$181.70 millionViewN/AView Earnings Details
7/30/2014Q213$2.90$2.98$181.37 million$179.80 millionViewN/AView Earnings Details
4/29/2014$2.79$2.72ViewN/AView Earnings Details
1/30/2014Q4$2.73$2.30ViewN/AView Earnings Details
11/1/2012Q312$2.24$2.23$156.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Credit Acceptance Corp. (NASDAQ:CACC)
Current Year EPS Consensus Estimate: $17.07 EPS
Next Year EPS Consensus Estimate: $18.93 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$3.72$3.72$3.72
Q2 20161$3.70$3.70$3.70
Q3 20161$4.26$4.26$4.26
Q4 20161$4.37$4.37$4.37
Q1 20171$4.47$4.47$4.47
Q2 20171$4.75$4.75$4.75
Q3 20171$4.65$4.65$4.65
Q4 20171$4.74$4.74$4.74
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Credit Acceptance Corp. (NASDAQ:CACC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Credit Acceptance Corp. (NASDAQ:CACC)
Insider Ownership Percentage: 25.20%
Institutional Ownership Percentage: 47.43%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/26/2016Jill Foss WatsonMajor ShareholderSell240,000$197.50$47,400,000.00View SEC Filing  
8/30/2016Jill Foss WatsonMajor ShareholderSell9,995$200.91$2,008,095.45View SEC Filing  
8/29/2016Jill Foss WatsonMajor ShareholderSell35,211$205.18$7,224,592.98View SEC Filing  
8/26/2016Jill Foss WatsonMajor ShareholderSell27,626$200.94$5,551,168.44View SEC Filing  
8/24/2016Jill Foss WatsonMajor ShareholderSell17,761$202.36$3,594,115.96View SEC Filing  
8/23/2016Jill Foss WatsonMajor ShareholderSell13,111$201.54$2,642,390.94View SEC Filing  
8/17/2016Jill Foss WatsonMajor ShareholderSell12,984$201.23$2,612,770.32View SEC Filing  
8/16/2016Jill Foss WatsonMajor ShareholderSell41,869$204.30$8,553,836.70View SEC Filing  
8/15/2016Jill Foss WatsonMajor ShareholderSell43,196$202.97$8,767,492.12View SEC Filing  
8/12/2016Jill Foss WatsonMajor ShareholderSell48,247$200.66$9,681,243.02View SEC Filing  
6/17/2016Allan Victor AppleMajor ShareholderBuy100$166.05$16,605.00View SEC Filing  
4/26/2016Jill Foss WatsonMajor ShareholderSell15,000$201.29$3,019,350.00View SEC Filing  
3/10/2016Donald A FossMajor ShareholderSell400$220.11$88,044.00View SEC Filing  
12/1/2015Thomas W SmithInsiderBuy1,000$202.39$202,390.00View SEC Filing  
11/20/2015Thomas W SmithInsiderBuy8,000$170.34$1,362,720.00View SEC Filing  
11/19/2015Kenneth BoothCFOBuy5,000$164.80$824,000.00View SEC Filing  
5/11/2015Brett A RobertsCEOSell7,930$229.33$1,818,586.90View SEC Filing  
2/24/2015Douglas W BuskVPSell1,575$179.48$282,681.00View SEC Filing  
2/23/2015John S SoaveInsiderSell1,000$175.00$175,000.00View SEC Filing  
2/18/2015Kenneth BoothCFOSell2,000$172.56$345,120.00View SEC Filing  
11/6/2014Brett A RobertsCEOSell5,000$151.67$758,350.00View SEC Filing  
11/5/2014Brett A RobertsCEOSell5,000$148.79$743,950.00View SEC Filing  
10/24/2014Jill Foss WatsonMajor ShareholderSell279,577$125.54$35,098,096.58View SEC Filing  
10/23/2014Donald A FossMajor ShareholderSell430,967$125.54$54,103,597.18View SEC Filing  
9/2/2014Brett A RobertsCEOSell5,000$123.10$615,500.00View SEC Filing  
8/1/2014Kenneth BoothCFOBuy2,000$113.25$226,500.00View SEC Filing  
6/20/2014Jill Foss WatsonMajor ShareholderSell536,180$125.58$67,333,484.40View SEC Filing  
4/1/2014Jill Foss Watsonmajor shareholderSell318,580$133.35$42,482,643.00View SEC Filing  
3/7/2014Glenda FlanaganDirectorSell4,800$146.26$702,048.00View SEC Filing  
2/6/2014Glenda FlanaganDirectorSell2,079$130.89$272,120.31View SEC Filing  
11/5/2013Kenneth BoothCFOSell2,000$122.13$244,260.00View SEC Filing  
8/8/2013Brett RobertsCEOSell4,000$114.31$457,240.00View SEC Filing  
8/2/2013Kenneth BoothCFOSell2,805$112.95$316,824.75View SEC Filing  
8/1/2013Kenneth BoothCFOSell3,163$112.87$357,007.81View SEC Filing  
6/28/2013Glenda J FlanaganDirectorSell5,000$107.11$535,550.00View SEC Filing  
6/19/2013Glenda J FlanaganDirectorSell5,700$109.69$625,233.00View SEC Filing  
6/18/2013Glenda J FlanaganDirectorSell9,300$110.29$1,025,697.00View SEC Filing  
12/26/2012Prescott General Partners LlcInsiderSell20,000$99.44$1,988,800.00View SEC Filing  
11/5/2012Kenneth BoothCFOBuy2,038$82.15$167,421.70View SEC Filing  
9/5/2012Donald A FossMajor ShareholderSell240,000$91.02$21,844,800.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Credit Acceptance Corp. (NASDAQ:CACC)
DateHeadline
News IconThe Insider and shareholder of Credit Acceptance Corp. (NASDAQ:CACC), Jill Watson, Unloaded 240000 Shares - Post News (NASDAQ:CACC)
www.kentuckypostnews.com - September 29 at 8:54 AM
finance.yahoo.com logoHere's Why Santander Consumer USA Stock Gained 10% (NASDAQ:CACC)
finance.yahoo.com - September 26 at 4:15 PM
openpr.com logoCredit Acceptance Corp. (NASDAQ:CACC) Investigation for Investors Investor announced over potential Misconduct (NASDAQ:CACC)
www.openpr.com - September 26 at 4:15 PM
stocksdaily.net logoWill Credit Acceptance Corporation (NASDAQ:CACC) Surprise Analysts This Quarter? (NASDAQ:CACC)
www.stocksdaily.net - September 24 at 8:17 AM
capitalcube.com logoCredit Acceptance Corp. breached its 50 day moving average in a Bearish Manner : CACC-US : September 23, 2016 (NASDAQ:CACC)
www.capitalcube.com - September 23 at 9:12 AM
seekingalpha.com logoCredit Acceptance: A Structural Short (NASDAQ:CACC)
seekingalpha.com - September 21 at 4:42 PM
seekingalpha.com logoCredit Acceptance: A Structural Short - Seeking Alpha (NASDAQ:CACC)
seekingalpha.com - September 21 at 8:01 AM
4-traders.com logoCredit Acceptance : Named to Metropolitan Detroits Best and Brightest Companies to Work For List (NASDAQ:CACC)
www.4-traders.com - September 14 at 9:14 PM
News IconInvestor News: Certain Directors of Credit Acceptance Corp. (NASDAQ:CACC) face investigation (NASDAQ:CACC)
www.groundreport.com - September 14 at 9:14 PM
News IconInvestor News: Certain Directors of Credit Acceptance Corp. (NASDAQ:CACC) face investigation - GroundReport (NASDAQ:CACC)
www.groundreport.com - September 14 at 4:03 PM
News IconShort Information Review for: Credit Acceptance Corp. (NASDAQ:CACC) - Post News (NASDAQ:CACC)
www.kentuckypostnews.com - September 14 at 8:15 AM
capitalcube.com logoCredit Acceptance Corp. breached its 50 day moving average in a Bearish Manner : CACC-US : September 12, 2016 (NASDAQ:CACC)
www.capitalcube.com - September 12 at 8:45 AM
News IconGoodnow Investment Group Lowers stake in Credit Acceptance Corp. (CACC) - National Daily Press (NASDAQ:CACC)
www.nationaldailypress.com - September 9 at 3:55 PM
News IconInvestigation for Investors of Potential Misconduct at Credit Acceptance Corp. (NASDAQ:CACC) - Digital Journal (NASDAQ:CACC)
www.digitaljournal.com - September 9 at 8:53 AM
sbwire.com logoInvestigation for Investors of Potential Misconduct at Credit Acceptance Corp. (NASDAQ:CACC) (NASDAQ:CACC)
www.sbwire.com - September 8 at 3:56 PM
News IconStock Sliding Down Over the Last Month: Credit Acceptance Corp. (NASDAQ:CACC) - Post News (NASDAQ:CACC)
www.kentuckypostnews.com - September 8 at 6:34 AM
realistinvestor.com logoCredit Acceptance Corporation (NASDAQ:CACC) Is Expected To Post EPS Of $4.73 (NASDAQ:CACC)
www.realistinvestor.com - September 4 at 8:42 AM
streetinsider.com logoForm 4 CREDIT ACCEPTANCE CORP For: Aug 29 Filed by: Watson Jill Foss (NASDAQ:CACC)
www.streetinsider.com - August 31 at 8:51 AM
News IconStock Up Over the Past Five Trading Days: Credit Acceptance Corp. (NASDAQ:CACC) - Post News (NASDAQ:CACC)
www.kentuckypostnews.com - August 30 at 4:02 PM
finance.yahoo.com logoPeople's United (PBCT) on Expansion Spree: Should You Hold? (NASDAQ:CACC)
finance.yahoo.com - August 30 at 11:51 AM
News IconCredit Acceptance Corporation agrees to issue credit to consumers after settlement with Kansas (NASDAQ:CACC)
legalnewsline.com - August 26 at 4:10 PM
capitalcube.com logoETF’s with exposure to Credit Acceptance Corp. : August 24, 2016 (NASDAQ:CACC)
www.capitalcube.com - August 24 at 12:17 PM
biz.yahoo.com logoCREDIT ACCEPTANCE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial (NASDAQ:CACC)
biz.yahoo.com - August 23 at 9:16 PM
News IconStock Trading Above Moving Averages: Credit Acceptance Corp. (NASDAQ:CACC) - Post News (NASDAQ:CACC)
www.kentuckypostnews.com - August 23 at 8:11 AM
News IconRecent Insider Trading: Credit Acceptance Corp. (NASDAQ:CACC) - The Voice Registrar (NASDAQ:CACC)
voiceregistrar.com - August 23 at 8:11 AM
4-traders.com logoCredit Acceptance : Announces Extension of Revolving Secured Warehouse Facility (NASDAQ:CACC)
www.4-traders.com - August 19 at 11:33 AM
publicnow.com logoCredit Acceptance Announces Extension of Revolving Secured Warehouse Facility (NASDAQ:CACC)
www.publicnow.com - August 18 at 8:42 PM
finance.yahoo.com logo4:55 pm Credit Acceptance Corp. extended the date on which its $100.0 mln revolving secured warehouse facility will cease to revolve from September 10, 2017 to August 18, 2019 (NASDAQ:CACC)
finance.yahoo.com - August 18 at 8:42 PM
feeds.reuters.com logoBRIEF-Credit Acceptance says announces extension of revolving secured warehouse facility (NASDAQ:CACC)
feeds.reuters.com - August 18 at 4:37 PM
mysmartrend.com logoWatch for Credit Acceptance to Potentially Pullback After Gaining 1.06% Yesterday (NASDAQ:CACC)
www.mysmartrend.com - August 17 at 4:08 PM
finance.yahoo.com logoFifth Third's Revenue Growth Looks Promising: Time to Hold? (NASDAQ:CACC)
finance.yahoo.com - August 17 at 12:13 PM
finance.yahoo.com logoShould You Dump PRA Group (PRAA) Stock After a Weak Q2? (NASDAQ:CACC)
finance.yahoo.com - August 12 at 12:39 PM
seekingalpha.com logoCredit Acceptance Corp: Earn A 6.1% Annual Yield With These Bonds - Seeking Alpha (NASDAQ:CACC)
seekingalpha.com - August 10 at 6:02 AM
seekingalpha.com logoCredit Acceptance Corp: Earn A 6.1% Annual Yield With These Bonds (NASDAQ:CACC)
seekingalpha.com - August 8 at 4:06 PM
capitalcube.com logoCredit Acceptance Corp. :CACC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NASDAQ:CACC)
www.capitalcube.com - August 8 at 4:06 PM
tradecalls.org logoRevenue Update on Credit Acceptance Corp.(NASDAQ:CACC) - Trade Calls (NASDAQ:CACC)
www.tradecalls.org - August 7 at 3:58 PM
finance.yahoo.com logoCREDIT ACCEPTANCE CORP Financials (NASDAQ:CACC)
finance.yahoo.com - August 5 at 4:06 PM
streetreport.co logoCredit Acceptance Corp (NASDAQ:CACC): Continue to Grow - Street Report (NASDAQ:CACC)
www.streetreport.co - August 4 at 4:10 PM
tradecalls.org logoCredit Suisse Downgrades Credit Acceptance Corp. to Underperform with Price Target $185.00 - Trade Calls (NASDAQ:CACC)
www.tradecalls.org - August 3 at 12:43 PM
breakingfinancenews.com logoA report released today by Compass Point about Credit Acceptance Corp(NASDAQ:CACC) raises the target price to $170 (NASDAQ:CACC)
breakingfinancenews.com - August 1 at 3:59 PM
capitalcube.com logoCredit Acceptance Corp. breached its 50 day moving average in a Bearish Manner : CACC-US : August 1, 2016 (NASDAQ:CACC)
www.capitalcube.com - August 1 at 3:59 PM
cnbc.com logoCredit Acceptance tops 2Q revenue forecasts (NASDAQ:CACC)
www.cnbc.com - July 30 at 7:35 PM
finance.yahoo.com logoEdited Transcript of CACC earnings conference call or presentation 29-Jul-16 9:00pm GMT (NASDAQ:CACC)
finance.yahoo.com - July 29 at 10:55 PM
finance.yahoo.com logoCredit Acceptance Announces Second Quarter 2016 Earnings (NASDAQ:CACC)
finance.yahoo.com - July 29 at 4:02 PM
biz.yahoo.com logoQ2 2016 Credit Acceptance Corp Earnings Release - After Market Close (NASDAQ:CACC)
biz.yahoo.com - July 29 at 7:07 AM
fortune.com logoCredit Acceptance Corp. (NASDAQ:CACC) got downgraded - Review Fortune (NASDAQ:CACC)
reviewfortune.com - July 28 at 12:47 PM
publicnow.com logoCredit Acceptance Named to Metropolitan Detroit's Best and Brightest Companies to Work For® List (NASDAQ:CACC)
www.publicnow.com - July 27 at 4:18 PM
finance.yahoo.com logoCredit Acceptance Named to Metropolitan Detroit’s Best and Brightest Companies to Work For® List (NASDAQ:CACC)
finance.yahoo.com - July 27 at 4:05 PM
finance.yahoo.com logoCredit Acceptance Corp. downgraded by Credit Suisse (NASDAQ:CACC)
finance.yahoo.com - July 27 at 6:00 AM
seekingalpha.com logoNotes On Credit Acceptance Corp - Seeking Alpha (NASDAQ:CACC)
seekingalpha.com - July 26 at 3:54 PM

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Credit Acceptance Corp. (NASDAQ:CACC) Chart for Saturday, October, 1, 2016


Last Updated on 10/1/2016 by MarketBeat.com Staff