S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20

Credit Acceptance Stock Forecast, Price & News

$645.53
-3.35 (-0.52%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$632.51
$649.89
50-Day Range
$581.08
$696.25
52-Week Range
$292.46
$703.27
Volume
61,800 shs
Average Volume
128,922 shs
Market Capitalization
$9.39 billion
P/E Ratio
11.91
Dividend Yield
N/A
Beta
1.17
30 days | 90 days | 365 days | Advanced Chart
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Credit Acceptance logo

About Credit Acceptance

Credit Acceptance Corp. engages in the provision of dealer financing programs that enables automobile dealers to sell vehicles to consumers, regardless of its credit history. Its financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers. The company was founded by Donald A. Foss in 1972 and is headquartered in Southfield, MI.

Headlines

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Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
Current Symbol
NASDAQ:CACC
CUSIP
22531010
Employees
2,033
Year Founded
1972

Sales & Book Value

Annual Sales
$1.67 billion
Cash Flow
$40.02 per share
Book Value
$134.38 per share

Profitability

Net Income
$421 million
Pretax Margin
64.79%

Debt

Price-To-Earnings

Miscellaneous

Free Float
13,886,000
Market Cap
$9.39 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/01/2021
Today
11/29/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/07/2022

Social Links


MarketRank

Overall MarketRank

1.87 out of 5 stars

Finance Sector

770th out of 1,340 stocks

Personal Credit Institutions Industry

11th out of 13 stocks

Analyst Opinion: 0.8Community Rank: 3.6Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -












Credit Acceptance (NASDAQ:CACC) Frequently Asked Questions

Is Credit Acceptance a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Credit Acceptance stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CACC, but not buy additional shares or sell existing shares.
View analyst ratings for Credit Acceptance
or view top-rated stocks.

How has Credit Acceptance's stock been impacted by Coronavirus?

Credit Acceptance's stock was trading at $409.93 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CACC shares have increased by 57.5% and is now trading at $645.53.
View which stocks have been most impacted by COVID-19
.

When is Credit Acceptance's next earnings date?

Credit Acceptance is scheduled to release its next quarterly earnings announcement on Monday, February 7th 2022.
View our earnings forecast for Credit Acceptance
.

How were Credit Acceptance's earnings last quarter?

Credit Acceptance Co. (NASDAQ:CACC) released its quarterly earnings results on Monday, November, 1st. The credit services provider reported $15.79 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $13.45 by $2.34. The credit services provider earned $470.10 million during the quarter, compared to analyst estimates of $461.37 million. Credit Acceptance had a trailing twelve-month return on equity of 35.64% and a net margin of 49.29%. The firm's quarterly revenue was up 10.2% on a year-over-year basis. During the same period in the prior year, the firm earned $9.36 EPS.
View Credit Acceptance's earnings history
.

What price target have analysts set for CACC?

4 equities research analysts have issued 1 year price targets for Credit Acceptance's shares. Their forecasts range from $355.00 to $519.00. On average, they expect Credit Acceptance's stock price to reach $423.25 in the next twelve months. This suggests that the stock has a possible downside of 34.4%.
View analysts' price targets for Credit Acceptance
or view top-rated stocks among Wall Street analysts.

Who are Credit Acceptance's key executives?

Credit Acceptance's management team includes the following people:

What is Brett A. Roberts' approval rating as Credit Acceptance's CEO?

284 employees have rated Credit Acceptance CEO Brett A. Roberts on Glassdoor.com. Brett A. Roberts has an approval rating of 87% among Credit Acceptance's employees.

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.com (CRM), Home Depot (HD), NVIDIA (NVDA), AT&T (T), Tesla (TSLA), AbbVie (ABBV) and Alibaba Group (BABA).

What is Credit Acceptance's stock symbol?

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

Who are Credit Acceptance's major shareholders?

Credit Acceptance's stock is owned by many different institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (5.94%), Principal Financial Group Inc. (4.58%), BlackRock Inc. (2.38%), Beck Mack & Oliver LLC (2.21%), Cantillon Capital Management LLC (1.72%) and RV Capital GmbH (1.37%). Company insiders that own Credit Acceptance stock include Arthur L Smith, Charles A Pearce, Daniel A Ulatowski, Daniel A Ulatowski, Donald A Foss, Douglas W Busk, Douglas W Busk, Glenda J Flanagan, Jill Foss Watson, Jonathan Lum, Kenneth Booth, Prescott General Partners Llc 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 Principal Financial Group Inc., BlackRock Inc., Wellington Management Group LLP, Epoch Investment Partners Inc., Hsbc Holdings PLC, Geode Capital Management LLC, Investmentaktiengesellschaft Fuer Langfristige Investoren TGV, and Arrowstreet Capital Limited Partnership. Company insiders that have sold Credit Acceptance company stock in the last year include Arthur L Smith, Daniel A Ulatowski, Donald A Foss, Douglas W Busk, Jill Foss Watson, Jonathan Lum, Kenneth Booth, Prescott General Partners Llc, and Thomas N Tryforos.
View insider buying and selling activity for Credit Acceptance
or view top insider-selling stocks.

Which major investors are buying Credit Acceptance stock?

CACC stock was acquired by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., Gobi Capital LLC, EP Wealth Advisors LLC, Voloridge Investment Management LLC, Goldman Sachs Group Inc., Millennium Management LLC, Marshall Wace LLP, and Two Sigma Advisers LP.
View insider buying and selling activity for Credit Acceptance
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Credit Acceptance's stock price today?

One share of CACC stock can currently be purchased for approximately $645.53.

How much money does Credit Acceptance make?

Credit Acceptance has a market capitalization of $9.39 billion and generates $1.67 billion in revenue each year. The credit services provider earns $421 million in net income (profit) each year or $54.22 on an earnings per share basis.

How many employees does Credit Acceptance have?

Credit Acceptance employs 2,033 workers across the globe.

When was Credit Acceptance founded?

Credit Acceptance was founded in 1972.

What is Credit Acceptance's official website?

The official website for Credit Acceptance is www.creditacceptance.com.

Where are Credit Acceptance's headquarters?

Credit Acceptance is headquartered at 25505 W. Twelve Mile Road, Southfield MI, 48034.

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, via email at [email protected], or via fax at 248-353-9776.


This page was last updated on 11/29/2021 by MarketBeat.com Staff

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