NASDAQ:CACC - Credit Acceptance Stock Price, Price Target & More

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$371.89 +5.08 (+1.38 %)
(As of 07/19/2018 04:00 PM ET)
Previous Close$366.81
Today's Range$363.88 - $374.98
52-Week Range$244.54 - $377.82
Volume78,863 shs
Average Volume122,646 shs
Market Capitalization$6.99 billion
P/E Ratio17.83
Dividend YieldN/A
Credit Acceptance logoCredit 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. 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. Credit Acceptance Corporation was founded in 1972 and is headquartered in Southfield, Michigan.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Personal credit institutions
Sub-IndustryConsumer Finance


Debt-to-Equity Ratio2.07
Current Ratio22.16
Quick Ratio22.16


Trailing P/E Ratio17.83
Forward P/E Ratio14.38
P/E Growth0.76

Sales & Book Value

Annual Sales$1.11 billion
Price / Sales6.47
Cash Flow$22.1363 per share
Price / Cash16.80
Book Value$79.53 per share
Price / Book4.68


EPS (Most Recent Fiscal Year)$20.44
Net Income$470.20 million
Net Margins43.49%
Return on Equity29.44%
Return on Assets8.50%


Outstanding Shares19,310,000
Market Cap$6,990.16

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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 will Credit Acceptance's stock buyback program work?

Credit Acceptance declared that its Board of Directors has initiated a stock repurchase program on Thursday, April 6th 2017, which authorizes the company to buyback 1,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.

How were Credit Acceptance's earnings last quarter?

Credit Acceptance Corp. (NASDAQ:CACC) issued its earnings results on Thursday, May, 3rd. The credit services provider reported $6.11 earnings per share for the quarter, missing the Zacks' consensus estimate of $6.19 by $0.08. The credit services provider earned $295.60 million during the quarter, compared to analysts' expectations of $296.16 million. Credit Acceptance had a return on equity of 29.44% and a net margin of 43.49%. Credit Acceptance's revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $4.67 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 Monday, July, 30th 2018. View Earnings Estimates for Credit Acceptance.

What price target have analysts set for CACC?

8 brokers have issued twelve-month target prices for Credit Acceptance's stock. Their predictions range from $230.00 to $365.00. On average, they anticipate Credit Acceptance's share price to reach $276.7143 in the next twelve months. This suggests that the stock has a possible downside of 25.7%. View Analyst Ratings for Credit Acceptance.

What is the consensus analysts' recommendation for Credit Acceptance?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last year. There are currently 4 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Who are some of Credit Acceptance's key competitors?

Who are Credit Acceptance's key executives?

Credit Acceptance's management team includes the folowing people:
  • Mr. Brett A. Roberts, CEO & Director (Age 52)
  • Mr. Kenneth S. Booth, Chief Financial Officer (Age 51)
  • Mr. Charles A. Pearce, Chief Legal Officer & Corp. Sec. (Age 54)
  • Mr. Arthur L. Smith, Chief Analytics Officer (Age 45)
  • Mr. John S. Soave, Chief Information Officer (Age 53)

Has Credit Acceptance been receiving favorable news coverage?

News headlines about CACC stock have trended somewhat positive on Thursday, Accern reports. The research group scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Credit Acceptance earned a media sentiment score of 0.13 on Accern's scale. They also assigned press coverage about the credit services provider an impact score of 45.84 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are Credit Acceptance's major shareholders?

Credit Acceptance's stock is owned by a variety of of institutional and retail investors. Top institutional investors include SG Capital Management LLC (0.10%), Account Management LLC (0.09%), Amalgamated Bank (0.01%), Xact Kapitalforvaltning AB (0.01%) and State of Alaska Department of Revenue (0.01%). Company insiders that own Credit Acceptance stock include Arthur L Smith, Charles A Pearce, Donald A Foss, Douglas W Busk, Jill Foss Watson, John S Soave, Kenneth Booth and Steven M Jones. 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 Account Management LLC. Company insiders that have sold Credit Acceptance company stock in the last year include Douglas W Busk, Jill Foss Watson, John S Soave 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 SG Capital Management LLC, Xact Kapitalforvaltning AB, State of Alaska Department of Revenue and Amalgamated Bank. 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, Scottrade, Fidelity and Charles Schwab.

What is Credit Acceptance's stock price today?

One share of CACC stock can currently be purchased for approximately $372.18.

How big of a company is Credit Acceptance?

Credit Acceptance has a market capitalization of $6.99 billion and generates $1.11 billion in revenue each year. The credit services provider earns $470.20 million in net income (profit) each year or $20.44 on an earnings per share basis. Credit Acceptance employs 1,817 workers across the globe.

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:  1.6 out of 5 (star)
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  347 (Vote Underperform)
Total Votes:  513
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 7/19/2018 by Staff

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