NASDAQ:CACC Credit Acceptance (CACC) Stock Price, News & Analysis $573.06 -0.87 (-0.15%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$562.75▼$580.3050-Day Range$470.51▼$611.1152-Week Range$379.77▼$616.66Volume47,234 shsAverage Volume59,265 shsMarket Capitalization$6.94 billionP/E Ratio29.40Dividend YieldN/APrice Target$402.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Credit Acceptance alerts: Email Address Credit Acceptance MarketRank™ Stock AnalysisAnalyst RatingReduce1.67 Rating ScoreUpside/Downside29.8% Downside$402.33 Price TargetShort InterestBearish9.87% of Float Sold ShortDividend StrengthN/ASustainability-0.24Upright™ Environmental ScoreNews Sentiment1.37Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth15.36%From $41.01 to $47.31 Per ShareSee Full Details Hide Full Details 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.2.89 out of 5 starsFinance Sector531st out of 898 stocksPersonal Credit Institutions Industry9th out of 14 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.Amount of Analyst CoverageCredit Acceptance has only been the subject of 1 research reports in the past 90 days.Read more about Credit Acceptance's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.87% 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 decreased by 1.66%, 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 4.1 News and Social Media Coverage News SentimentCredit Acceptance has a news sentiment score of 1.37. 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 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Credit Acceptance this week, compared to 3 articles on an average week.Search Interest3 people have searched for CACC on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat Follows2 people have added Credit Acceptance to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Credit Acceptance insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.30% of the stock of Credit Acceptance is held by insiders.Percentage Held by Institutions81.71% of the stock of Credit Acceptance is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Credit Acceptance's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Credit Acceptance are expected to grow by 15.36% in the coming year, from $41.01 to $47.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Credit Acceptance is 29.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Credit Acceptance is 29.40, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.14.Price to Book Value per Share RatioCredit Acceptance has a P/B Ratio of 4.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Credit Acceptance's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Credit Acceptance Stock (NASDAQ:CACC)Credit Acceptance Corporation engages in the provision of financing programs, and related products and services 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 serves independent and franchised automobile dealers. Credit Acceptance Corporation 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 HeadlinesJuly 26 at 4:02 PM | globenewswire.comCredit Acceptance Announces Timing of Second Quarter 2024 Results and WebcastJuly 22, 2024 | finance.yahoo.comCredit Acceptance Named One of the Best Workplaces for Millennials by FortuneJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 17, 2024 | stocknews.comShould You Consider Investing in Hertz Global?July 15, 2024 | globenewswire.comCredit Acceptance Named a Top Workplace in Financial ServicesJune 26, 2024 | globenewswire.comCredit Acceptance Named a Most Loved Workplace® in 2024 in Several CategoriesJune 21, 2024 | globenewswire.comCredit Acceptance Announces Increase and Extension of Asset-Backed FinancingJune 20, 2024 | globenewswire.comCredit Acceptance Announces Completion of $550.0 Million Asset-Backed FinancingJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.June 17, 2024 | globenewswire.comCredit Acceptance Announces Extension of Revolving Secured Line of Credit FacilityMay 20, 2024 | nz.finance.yahoo.comCredit Acceptance Corp (2D5.SG)May 18, 2024 | finance.yahoo.comCredit Acceptance Corporation (CACC)May 17, 2024 | markets.businessinsider.comCredit Acceptance Corp Faces Sell Rating Amid Legal Woes and Regulatory RisksMay 9, 2024 | stocknews.com3 Auto Stocks With May Upside PotentialMay 5, 2024 | finance.yahoo.comCredit Acceptance Corporation (NASDAQ:CACC) Q1 2024 Earnings Call TranscriptMay 1, 2024 | finanznachrichten.deCredit Acceptance Corporation: Credit Acceptance Announces First Quarter 2024 ResultsMay 1, 2024 | finance.yahoo.comCredit Acceptance Corp (CACC) (Q1 2024) Earnings Call Transcript Highlights: Key Financial ...May 1, 2024 | finance.yahoo.comQ1 2024 Credit Acceptance Corp Earnings CallSee 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 Earnings4/30/2024Today7/26/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Personal credit institutions Sub-IndustryConsumer Finance Current SymbolNASDAQ:CACC CUSIP22531010 CIK885550 Webwww.creditacceptance.com Phone(248) 353-2700Fax248-353-9776Employees2,232Year Founded1972Price Target and Rating Average Stock Price Target$402.33 High Stock Price Target$440.00 Low Stock Price Target$347.00 Potential Upside/Downside-29.8%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$19.49 Trailing P/E Ratio29.40 Forward P/E Ratio13.97 P/E GrowthN/ANet Income$286.10 million Net Margins12.83% Pretax Margin16.73% Return on Equity30.70% Return on Assets6.94% Debt Debt-to-Equity Ratio3.29 Current Ratio13.79 Quick Ratio13.79 Sales & Book Value Annual Sales$1.90 billion Price / Sales3.65 Cash Flow$46.55 per share Price / Cash Flow12.31 Book Value$139.55 per share Price / Book4.11Miscellaneous Outstanding Shares12,110,000Free Float11,469,000Market Cap$6.94 billion OptionableOptionable Beta1.44 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Kenneth S. Booth (Age 57)CEO, President & Director Comp: $1.02MMr. Daniel A. Ulatowski (Age 52)Chief Sales Officer Comp: $717.8kMr. Andrew K. Rostami (Age 44)Chief Marketing & Product Officer Comp: $617.89kMr. Arthur L. Smith (Age 51)Chief Analytics Officer Comp: $717.82kMr. Douglas W. Busk (Age 64)Chief Treasury Officer Comp: $657.8kMr. Jay D. Martin (Age 49)Chief Financial Officer Mr. Jonathan L. Lum (Age 47)Chief Operating Officer Mr. Ravi Mohan Valiyaveettil (Age 51)Chief Technology Officer Comp: $95.51kMs. Erin J. Kerber (Age 44)Chief Legal Officer, Chief Compliance Officer & Secretary Ms. Wendy A. Rummler (Age 47)Chief People Officer Comp: $427.31kMore ExecutivesKey CompetitorsSLMNASDAQ:SLMNelnetNYSE:NNIEncore Capital GroupNASDAQ:ECPGPRA GroupNASDAQ:PRAAWorld AcceptanceNASDAQ:WRLDView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 951 shares on 7/26/2024Ownership: 0.196%Nisa Investment Advisors LLCSold 532 shares on 7/20/2024Ownership: 0.025%JLB & Associates Inc.Sold 3,343 shares on 7/18/2024Ownership: 0.024%Lodestone Wealth Management LLCSold 19 shares on 7/16/2024Ownership: 0.012%Diversified Trust CoBought 1,200 shares on 7/16/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions CACC Stock Analysis - Frequently Asked Questions How have CACC shares performed this year? Credit Acceptance's stock was trading at $532.73 at the start of the year. Since then, CACC stock has increased by 7.6% and is now trading at $573.06. View the best growth stocks for 2024 here. How were Credit Acceptance's earnings last quarter? Credit Acceptance Co. (NASDAQ:CACC) issued its quarterly earnings results on Tuesday, April, 30th. The credit services provider reported $9.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $6.81 by $2.47. The firm's quarterly revenue was up 11.9% on a year-over-year basis. 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. Who are Credit Acceptance's major shareholders? Top institutional investors of Credit Acceptance include Bank of New York Mellon Corp (0.20%), Nisa Investment Advisors LLC (0.02%), JLB & Associates Inc. (0.02%) and Linden Thomas Advisory Services LLC (0.01%). Insiders that own company stock include A Foss Irrevocable Tru Donald, Prescott General Partners Llc, Andrew K Rostami, Douglas W Busk, Wendy A Rummler, Daniel A Ulatowski, Jill Foss Watson, Thomas N Tryforos, Donald A Foss, Kenneth Booth and Jonathan Lum. 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. What other stocks do shareholders of Credit Acceptance own? Based on aggregate information from My MarketBeat watchlists, some other companies that Credit Acceptance investors own include Bank of America (BAC), Gilead Sciences (GILD), Netflix (NFLX), Salesforce (CRM), Home Depot (HD), NVIDIA (NVDA) and AT&T (T). 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