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: $199.88
  • 50 Day Moving Average: $195.02
  • 200 Day Moving Average: $188.67
  • Trailing P/E Ratio: 13.22
  • Foreward P/E Ratio: 10.55
  • P/E Growth: 1.91
  • Market Cap: $4.07B
  • Outstanding Shares: 20,379,000
  • Beta: 0.78
Additional Links:
Companies Related to Credit Acceptance Corp.:

Analyst Ratings

Consensus Ratings for Credit Acceptance Corp. (NASDAQ:CACC) (?)
Ratings Breakdown: 4 Sell Ratings, 3 Hold Ratings
Consensus Rating:Sell (Score: 1.43)
Consensus Price Target: $170.00 (14.90% downside)

Analysts' Ratings History for Credit Acceptance Corp. (NASDAQ:CACC)
DateFirmActionRatingPrice TargetDetails
8/1/2016Compass PointBoost Price TargetNeutral$160.00 -> $170.00View Rating Details
7/27/2016Credit Suisse Group AGDowngradeNeutral -> Underperform$200.00 -> $185.00View Rating Details
6/20/2016Janney Montgomery ScottUpgradeSell -> Neutral$173.00View 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
8/28/2014Bank of America Corp.DowngradeUnderperformView Rating Details
(Data available from 8/27/2014 forward)


Earnings History for Credit Acceptance Corp. (NASDAQ:CACC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


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)


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

Insider Trades

Insider Trading History for Credit Acceptance Corp. (NASDAQ:CACC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Credit Acceptance Corp. (NASDAQ:CACC)
News IconCredit Acceptance Corporation agrees to issue credit to consumers after settlement with Kansas (NASDAQ:CACC) - August 26 at 4:10 PM logoETF’s with exposure to Credit Acceptance Corp. : August 24, 2016 (NASDAQ:CACC) - August 24 at 12:17 PM logoCREDIT ACCEPTANCE CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial (NASDAQ:CACC) - August 23 at 9:16 PM
News IconStock Trading Above Moving Averages: Credit Acceptance Corp. (NASDAQ:CACC) - Post News (NASDAQ:CACC) - August 23 at 8:11 AM
News IconRecent Insider Trading: Credit Acceptance Corp. (NASDAQ:CACC) - The Voice Registrar (NASDAQ:CACC) - August 23 at 8:11 AM logoCredit Acceptance : Announces Extension of Revolving Secured Warehouse Facility (NASDAQ:CACC) - August 19 at 11:33 AM logoCredit Acceptance Announces Extension of Revolving Secured Warehouse Facility (NASDAQ:CACC) - August 18 at 8:42 PM 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) - August 18 at 8:42 PM logoBRIEF-Credit Acceptance says announces extension of revolving secured warehouse facility (NASDAQ:CACC) - August 18 at 4:37 PM logoWatch for Credit Acceptance to Potentially Pullback After Gaining 1.06% Yesterday (NASDAQ:CACC) - August 17 at 4:08 PM logoFifth Third's Revenue Growth Looks Promising: Time to Hold? (NASDAQ:CACC) - August 17 at 12:13 PM logoShould You Dump PRA Group (PRAA) Stock After a Weak Q2? (NASDAQ:CACC) - August 12 at 12:39 PM logoCredit Acceptance Corp: Earn A 6.1% Annual Yield With These Bonds - Seeking Alpha (NASDAQ:CACC) - August 10 at 6:02 AM logoCredit Acceptance Corp: Earn A 6.1% Annual Yield With These Bonds (NASDAQ:CACC) - August 8 at 4:06 PM logoCredit Acceptance Corp. :CACC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NASDAQ:CACC) - August 8 at 4:06 PM logoRevenue Update on Credit Acceptance Corp.(NASDAQ:CACC) - Trade Calls (NASDAQ:CACC) - August 7 at 3:58 PM logoCREDIT ACCEPTANCE CORP Financials (NASDAQ:CACC) - August 5 at 4:06 PM logoCredit Acceptance Corp (NASDAQ:CACC): Continue to Grow - Street Report (NASDAQ:CACC) - August 4 at 4:10 PM logoCredit Suisse Downgrades Credit Acceptance Corp. to Underperform with Price Target $185.00 - Trade Calls (NASDAQ:CACC) - August 3 at 12:43 PM logoA report released today by Compass Point about Credit Acceptance Corp(NASDAQ:CACC) raises the target price to $170 (NASDAQ:CACC) - August 1 at 3:59 PM logoCredit Acceptance Corp. breached its 50 day moving average in a Bearish Manner : CACC-US : August 1, 2016 (NASDAQ:CACC) - August 1 at 3:59 PM logoCredit Acceptance tops 2Q revenue forecasts (NASDAQ:CACC) - July 30 at 7:35 PM logoEdited Transcript of CACC earnings conference call or presentation 29-Jul-16 9:00pm GMT (NASDAQ:CACC) - July 29 at 10:55 PM logoCredit Acceptance Announces Second Quarter 2016 Earnings (NASDAQ:CACC) - July 29 at 4:02 PM logoQ2 2016 Credit Acceptance Corp Earnings Release - After Market Close (NASDAQ:CACC) - July 29 at 7:07 AM logoCredit Acceptance Corp. (NASDAQ:CACC) got downgraded - Review Fortune (NASDAQ:CACC) - July 28 at 12:47 PM logoCredit Acceptance Named to Metropolitan Detroit's Best and Brightest Companies to Work For® List (NASDAQ:CACC) - July 27 at 4:18 PM logoCredit Acceptance Named to Metropolitan Detroit’s Best and Brightest Companies to Work For® List (NASDAQ:CACC) - July 27 at 4:05 PM logoCredit Acceptance Corp. downgraded by Credit Suisse (NASDAQ:CACC) - July 27 at 6:00 AM logoNotes On Credit Acceptance Corp - Seeking Alpha (NASDAQ:CACC) - July 26 at 3:54 PM logoNotes on Credit Acceptance Corp (CACC) (NASDAQ:CACC) - July 25 at 10:07 PM logoNotes on Credit Acceptance Corp (NASDAQ:CACC) - July 25 at 7:20 PM logoCredit Acceptance Announces Timing of Second Quarter 2016 Earnings Release and Webcast (NASDAQ:CACC) - July 25 at 4:30 PM
News IconFriday Session Wrap-up for Credit Acceptance Corp. (NASDAQ:CACC) - Engelwood Daily (NASDAQ:CACC) - July 23 at 8:21 AM
News IconWill Credit Acceptance Corp. Short Squeeze Soon? The Stock Formed a Descending Triangle Chart Pattern - Press Telegraph (NASDAQ:CACC) - July 20 at 11:21 PM
News IconStock Strength in Focus for Credit Acceptance Corp. (NASDAQ:CACC) - Press Telegraph (NASDAQ:CACC) - July 20 at 5:07 PM
News IconLong Term Value Play: Credit Acceptance Corp. (NASDAQ:CACC) - TGP (NASDAQ:CACC) - July 19 at 9:24 PM
News IconShares of Credit Acceptance Corporation (CACC) Sees Large Inflow of Net Money Flow - TheFounders Daily (NASDAQ:CACC) - July 19 at 9:24 PM logoCredit Acceptance Named #1 Workplace in Financial Services & Insurance by Great Place to Work® and Fortune (NASDAQ:CACC) - July 19 at 4:05 PM logoCan The Uptrend Continue for Credit Acceptance (CACC)? (NASDAQ:CACC) - July 19 at 4:04 PM
News IconSolid Performer in Focus: Credit Acceptance Corp. (NASDAQ:CACC) - Engelwood Daily (NASDAQ:CACC) - July 19 at 10:16 AM
News IconShares Lower on the Year Credit Acceptance Corp. (NASDAQ:CACC) - Press Telegraph (NASDAQ:CACC) - July 19 at 10:16 AM
News IconAbrams Bison Investments LLC Increased Credit Accep Corp Mich (NASDAQ:CACC) by $17.60 Million as Shares ... - Consumer Eagle (NASDAQ:CACC) - July 17 at 8:41 AM
News IconShare Performance Summary for: Credit Acceptance Corp. (NASDAQ:CACC) - Press Telegraph (NASDAQ:CACC) - July 17 at 8:41 AM
News IconLarge Inflow of Money Detected in Credit Acceptance Corporation - TheFounders Daily (NASDAQ:CACC) - July 15 at 2:07 PM logoIs This the Right Time to Add Credit Acceptance Corp (NASDAQ:CACC) to Your Portfolio? - Street Report (NASDAQ:CACC) - July 14 at 11:14 AM logoCan Valuations Predict Credit Acceptance's Price Again? (NASDAQ:CACC) - July 13 at 9:27 PM
News IconShares Turning Downward: Credit Acceptance Corp. (NASDAQ:CACC) - Telanagana Press (NASDAQ:CACC) - July 13 at 4:02 PM
News IconOnondaga County judgments: June 27 to July 1 (NASDAQ:CACC) - July 12 at 9:30 PM
News IconStock for the Ages: Credit Acceptance Corp. (NASDAQ:CACC) - Telanagana Press (NASDAQ:CACC) - July 12 at 8:15 AM


Credit Acceptance Corp. (NASDAQ:CACC) Chart for Saturday, August, 27, 2016

Last Updated on 8/27/2016 by Staff