Positive News SentimentPositive News Credit Acceptance Stock Price, News & Analysis (NASDAQ:CACC) $460.29 -13.61 (-2.87%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$457.01▼$472.3550-Day Range$397.06▼$476.8252-Week Range$358.00▼$576.05Volume69,754 shsAverage Volume79,364 shsMarket Capitalization$5.79 billionP/E Ratio18.93Dividend YieldN/APrice Target$381.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Credit Acceptance MarketRank™ Stock AnalysisAnalyst RatingReduce1.67 Rating ScoreUpside/Downside17.1% Downside$381.75 Price TargetShort InterestBearish11.17% of Float Sold ShortDividend StrengthN/ASustainability-0.24Upright™ Environmental ScoreNews Sentiment1.86Based on 2 Articles This WeekInsider TradingSelling Shares$197,884 Sold Last QuarterProj. Earnings Growth6.36%From $40.28 to $42.84 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.1.42 out of 5 starsFinance Sector778th out of 822 stocksPersonal Credit Institutions Industry10th out of 11 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 $381.75, Credit Acceptance has a forecasted downside of 17.1% from its current price of $460.29.Amount of Analyst CoverageCredit Acceptance has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted11.17% 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 15.8, which indicates bearish sentiment.Change versus previous monthShort interest in Credit Acceptance has recently decreased by 1.46%, indicating that investor sentiment is improving. 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 2.7 News and Social Media Coverage News SentimentCredit Acceptance has a news sentiment score of 1.86. 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 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Credit Acceptance this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 1 people have added Credit Acceptance to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. 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 $197,884.00 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Credit Acceptance are expected to grow by 6.36% in the coming year, from $40.28 to $42.84 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Credit Acceptance is 18.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.18.Price to Earnings Ratio vs. SectorThe P/E ratio of Credit Acceptance is 18.93, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.76.Price to Book Value per Share RatioCredit Acceptance has a P/B Ratio of 3.66. 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 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.Read More CACC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CACC Stock News HeadlinesNovember 29, 2023 | finance.yahoo.comCredit Acceptance (CACC) Up 9.4% Since Last Earnings Report: Can It Continue?November 28, 2023 | finance.yahoo.comCredit Acceptance Named a 2024 Best Place to Work in IT by ComputerworldDecember 5, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 20, 2023 | finance.yahoo.comCredit Acceptance Named a 2023 Top Workplace in Michigan by the Detroit Free PressNovember 17, 2023 | finance.yahoo.comInsider Sell Alert: Chief Analytics Officer Arthur Smith Sells Shares of Credit Acceptance Corp ...November 16, 2023 | seekingalpha.comCredit Acceptance: There Are Better OpportunitiesNovember 15, 2023 | seekingalpha.comCredit Acceptance Is Cheaply Valued But Patience May Be RequiredNovember 15, 2023 | finance.yahoo.comContrarian Investor? Get Ready to Profit With These 3 Short-Squeeze StocksDecember 5, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 2, 2023 | msn.comTD Cowen Initiates Coverage of Credit Acceptance (CACC) with Underperform RecommendationNovember 1, 2023 | msn.comBMO Capital Maintains Credit Acceptance (CACC) Market Perform RecommendationNovember 1, 2023 | msn.comStephens & Co. Reiterates Credit Acceptance (CACC) Equal-Weight RecommendationOctober 31, 2023 | finance.yahoo.comCredit Acceptance Announces Third Quarter 2023 ResultsOctober 31, 2023 | finance.yahoo.comCredit Acceptance (CACC) Q3 Earnings Miss, Provisions RiseOctober 31, 2023 | finance.yahoo.comCredit Acceptance Corporation (NASDAQ:CACC) Q3 2023 Earnings Call TranscriptOctober 31, 2023 | investing.comEarnings call: Credit Acceptance Corporation reports Q3 2023 results with decreased forecasted collection rates and adjusted net incomeOctober 31, 2023 | finance.yahoo.comCompared to Estimates, Credit Acceptance (CACC) Q3 Earnings: A Look at Key MetricsOctober 30, 2023 | finance.yahoo.comCredit Acceptance Corp (CACC) Q3 2023 Earnings: A Detailed ReviewOctober 30, 2023 | finance.yahoo.comCredit Acceptance (CACC) Lags Q3 Earnings and Revenue EstimatesOctober 30, 2023 | msn.comCredit Acceptance Q3 Earnings Preview: Key Items Analysts Will Be WatchingOctober 29, 2023 | msn.comCredit Acceptance Q3 2023 Earnings PreviewOctober 24, 2023 | finance.yahoo.comCredit Acceptance Again Named One of the Best Workplaces for Women™ by FortuneOctober 23, 2023 | finance.yahoo.comCredit Acceptance Announces Timing of Third Quarter 2023 Earnings Release and WebcastOctober 10, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Credit Acceptance (CACC) Stock?October 8, 2023 | finance.yahoo.comCredit Acceptance's (NASDAQ:CACC) earnings growth rate lags the 6.8% CAGR delivered to shareholdersSeptember 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 companySee 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 Company Calendar Last Earnings10/30/2023Today12/04/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/30/2024Get 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 Target$381.75 High Stock Price Target$440.00 Low Stock Price Target$347.00 Potential Upside/Downside-17.1%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$24.31 Trailing P/E Ratio18.93 Forward P/E Ratio11.43 P/E GrowthN/ANet Income$535.80 million Net Margins17.11% Pretax Margin22.16% Return on Equity33.12% Return on Assets7.85% Debt Debt-to-Equity Ratio2.84 Current Ratio18.50 Quick Ratio18.50 Sales & Book Value Annual Sales$1.83 billion Price / Sales3.16 Cash Flow$56.06 per share Price / Cash Flow8.21 Book Value$125.65 per share Price / Book3.66Miscellaneous Outstanding Shares12,570,000Free Float12,039,000Market Cap$5.79 billion OptionableOptionable Beta1.39 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Kenneth S. Booth (Age 56)CEO, President & 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)Senior 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 & Secretary Mr. Daniel A. Ulatowski (Age 51)Chief Sales Officer Comp: $710.71kMore ExecutivesKey CompetitorsSLMNASDAQ:SLMNelnetNYSE:NNIDiscover Financial ServicesNYSE:DFSOneMainNYSE:OMFOaktree Specialty LendingNASDAQ:OCSLView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 44,454 shares on 12/1/2023Ownership: 5.129%American Century Companies Inc.Bought 693 shares on 11/30/2023Ownership: 0.060%Deutsche Bank AGSold 173 shares on 11/24/2023Ownership: 0.016%Walleye Trading LLCSold 600 shares on 11/21/2023Ownership: 0.000%Public Employees Retirement System of OhioSold 153 shares on 11/16/2023Ownership: 0.025%View All Insider TransactionsView All Institutional Transactions CACC Stock Analysis - 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 twelve months. 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 target for 2024? 3 Wall Street research analysts have issued 12 month price targets for Credit Acceptance's shares. Their CACC share price targets range from $347.00 to $440.00. On average, they expect the company's stock price to reach $381.75 in the next year. This suggests that the stock has a possible downside of 17.1%. 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 on January 1st, 2023. Since then, CACC shares have decreased by 3.0% and is now trading at $460.29. View the best growth stocks for 2023 here. When is Credit Acceptance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024. View our CACC earnings forecast. How were Credit Acceptance's earnings last quarter? Credit Acceptance Co. (NASDAQ:CACC) issued its quarterly earnings results on Monday, October, 30th. The credit services provider reported $10.70 earnings per share for the quarter, missing the consensus estimate of $12.88 by $2.18. The credit services provider earned $478.60 million during the quarter, compared to the consensus estimate of $485.68 million. Credit Acceptance had a net margin of 17.11% and a trailing twelve-month return on equity of 33.12%. 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 number of institutional and retail investors. Top institutional shareholders include Ruane Cunniff & Goldfarb L.P. (6.09%), Wellington Management Group LLP (5.13%), Cantillon Capital Management LLC (2.05%), Smead Capital Management Inc. (1.46%), RV Capital AG (1.23%) and Hsbc Holdings PLC (0.84%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:CACC) was last updated on 12/5/2023 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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