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NASDAQ:CACC - Credit Acceptance Stock Price, Forecast & News

$442.16
+10.48 (+2.43 %)
(As of 12/13/2019 02:45 AM ET)
Today's Range
$432.61
Now: $442.16
$442.92
50-Day Range
$408.21
MA: $434.47
$446.90
52-Week Range
$356.12
Now: $442.16
$509.99
Volume112,549 shs
Average Volume94,890 shs
Market Capitalization$8.31 billion
P/E Ratio15.57
Dividend YieldN/A
Beta0.69
Credit Acceptance Corporation provides financing programs, and related products and services to independent and franchised automobile dealers in the United States. The company advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. Read More…

Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Current SymbolNASDAQ:CACC
CUSIP22531010
Phone248-353-2700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.29 billion
Cash Flow$30.68 per share
Book Value$103.11 per share

Profitability

Net Income$574 million

Miscellaneous

Employees2,040
Market Cap$8.31 billion
Next Earnings Date1/29/2020 (Estimated)
OptionableOptionable

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Credit Acceptance (NASDAQ:CACC) Frequently Asked Questions

What is Credit Acceptance's stock symbol?

Credit Acceptance trades on the NASDAQ under the ticker symbol "CACC."

How were Credit Acceptance's earnings last quarter?

Credit Acceptance Corp. (NASDAQ:CACC) posted its quarterly earnings data on Friday, November, 1st. The credit services provider reported $8.89 earnings per share for the quarter, beating the Zacks' consensus estimate of $8.86 by $0.03. The credit services provider earned $378.70 million during the quarter, compared to analyst estimates of $380.69 million. Credit Acceptance had a return on equity of 29.54% and a net margin of 44.69%. The firm's revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter last year, the company earned $7.56 EPS. View Credit Acceptance's Earnings History.

When is Credit Acceptance's next earnings date?

Credit Acceptance is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Credit Acceptance.

What price target have analysts set for CACC?

6 Wall Street analysts have issued 12 month target prices for Credit Acceptance's shares. Their forecasts range from $340.00 to $495.00. On average, they expect Credit Acceptance's stock price to reach $427.40 in the next year. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for Credit Acceptance.

What is the consensus analysts' recommendation for Credit Acceptance?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Credit Acceptance.

Has Credit Acceptance been receiving favorable news coverage?

Press coverage about CACC stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Credit Acceptance earned a news impact score of -2.0 on InfoTrie's scale. They also gave news stories about the credit services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Credit Acceptance.

Are investors shorting Credit Acceptance?

Credit Acceptance saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 899,300 shares, an increase of 10.1% from the November 14th total of 816,900 shares. Based on an average daily trading volume, of 96,900 shares, the days-to-cover ratio is presently 9.3 days. Currently, 7.3% of the shares of the company are sold short. View Credit Acceptance's Current Options Chain.

Who are some of Credit Acceptance's key competitors?

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 Netflix (NFLX), Bank of America (BAC), salesforce.com (CRM), Mastercard (MA), NVIDIA (NVDA), State National Companies (SNC), Home Depot (HD), Mercadolibre (MELI), Tesla (TSLA) and Chipotle Mexican Grill (CMG).

Who are Credit Acceptance's key executives?

Credit Acceptance's management team includes the folowing people:
  • Mr. Brett A. Roberts, CEO & Director (Age 53)
  • Mr. Kenneth S. Booth, Chief Financial Officer (Age 52)
  • Mr. Charles A. Pearce, Chief Legal Officer & Corp. Sec. (Age 55)
  • Mr. Daniel A. Ulatowski, Chief Sales Officer (Age 47)
  • Mr. Arthur L. Smith, Chief Analytics Officer (Age 46)

Who are Credit Acceptance's major shareholders?

Credit Acceptance's stock is owned by a number of of retail and institutional investors. Top institutional investors include Cantillon Capital Management LLC (1.58%), Beck Mack & Oliver LLC (1.55%), State Street Corp (0.74%), Ingalls & Snyder LLC (0.34%), First Trust Advisors LP (0.19%) and California Public Employees Retirement System (0.14%). Company insiders that own Credit Acceptance stock include Arthur L Smith, Brett A Roberts, Charles A Pearce, Douglas W Busk, Jill Foss Watson, John S Soave, Kenneth Booth, Prescott General Partners Llc, Scott J Vassalluzzo and Thomas N Tryforos. View Institutional Ownership Trends for Credit Acceptance.

Which major investors are selling Credit Acceptance stock?

CACC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Account Management LLC, Beck Mack & Oliver LLC, Squarepoint Ops LLC, State Street Corp, Cantillon Capital Management LLC, Cadence Capital Management LLC and Chicago Equity Partners LLC. Company insiders that have sold Credit Acceptance company stock in the last year include Brett A Roberts and Kenneth Booth. View Insider Buying and Selling for Credit Acceptance.

Which major investors are buying Credit Acceptance stock?

CACC stock was acquired by a variety of institutional investors in the last quarter, including Winmill & CO. Inc., First Trust Advisors LP, California Public Employees Retirement System, SG Americas Securities LLC, Barclays PLC, Janney Montgomery Scott LLC, Alps Advisors Inc. and JLB & Associates Inc.. View Insider Buying and Selling for Credit Acceptance.

How do I buy shares of Credit Acceptance?

Shares of CACC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Credit Acceptance's stock price today?

One share of CACC stock can currently be purchased for approximately $442.16.

How big of a company is Credit Acceptance?

Credit Acceptance has a market capitalization of $8.31 billion and generates $1.29 billion in revenue each year. The credit services provider earns $574 million in net income (profit) each year or $28.39 on an earnings per share basis. Credit Acceptance employs 2,040 workers across the globe.View Additional Information About Credit Acceptance.

What is Credit Acceptance's official website?

The official website for Credit Acceptance is http://www.creditacceptance.com/.

How can I contact Credit Acceptance?

Credit Acceptance's mailing address is 25505 W. Twelve Mile Road, Southfield MI, 48034. The credit services provider can be reached via phone at 248-353-2700 or via email at [email protected]


MarketBeat Community Rating for Credit Acceptance (NASDAQ CACC)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  304 (Vote Outperform)
Underperform Votes:  503 (Vote Underperform)
Total Votes:  807
MarketBeat's community ratings are surveys of what our community members think about Credit Acceptance and other stocks. Vote "Outperform" if you believe CACC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CACC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/13/2019 by MarketBeat.com Staff

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