NASDAQ:CACC

Credit Acceptance Stock Forecast, Price & News

$427.74
+2.82 (+0.66 %)
(As of 06/11/2021 07:41 PM ET)
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Today's Range
$423.43
$436.37
50-Day Range
$358.20
$459.98
52-Week Range
$266.74
$539.00
Volume117,800 shs
Average Volume129,231 shs
Market Capitalization$7.15 billion
P/E Ratio10.64
Dividend YieldN/A
Beta1.21
30 days | 90 days | 365 days | Advanced Chart
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Credit Acceptance logo

About Credit Acceptance

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. 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.

Headlines

Head to Head Analysis: Credit Acceptance (CACC) & Its Rivals
Head to Head Analysis: Credit Acceptance (CACC) & Its Rivals
June 12, 2021 |  americanbankingnews.com
Critical Comparison: Credit Acceptance (CACC) & Its Rivals
Critical Comparison: Credit Acceptance (CACC) & Its Rivals
June 12, 2021 |  americanbankingnews.com
Financial Survey: Credit Acceptance (CACC) vs. Its Peers
Financial Survey: Credit Acceptance (CACC) vs. Its Peers
June 11, 2021 |  americanbankingnews.com
Reviewing Credit Acceptance (CACC) and Its Peers
Reviewing Credit Acceptance (CACC) and Its Peers
June 10, 2021 |  americanbankingnews.com
Analyzing Credit Acceptance (CACC) and Its Rivals
Analyzing Credit Acceptance (CACC) and Its Rivals
June 9, 2021 |  americanbankingnews.com
Reviewing Credit Acceptance (CACC) & Its Rivals
Reviewing Credit Acceptance (CACC) & Its Rivals
June 9, 2021 |  americanbankingnews.com
Credit Acceptance (CACC) vs. Its Rivals Head-To-Head Review
Credit Acceptance (CACC) vs. Its Rivals Head-To-Head Review
June 8, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

1.37 out of 5 stars

Finance Sector

778th out of 1,979 stocks

Personal Credit Institutions Industry

10th out of 16 stocks

Analyst Opinion: 0.9Community Rank: 1.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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Credit Acceptance (NASDAQ:CACC) Frequently Asked Questions

Is Credit Acceptance a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street research 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.

What stocks does MarketBeat like better than Credit Acceptance?

Wall Street analysts have given Credit Acceptance a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Credit Acceptance wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Credit Acceptance's next earnings date?

Credit Acceptance is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Credit Acceptance
.

How were Credit Acceptance's earnings last quarter?

Credit Acceptance Co. (NASDAQ:CACC) posted its quarterly earnings results on Wednesday, April, 28th. The credit services provider reported $11.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.93 by $3.89. The credit services provider earned $451 million during the quarter, compared to analyst estimates of $427.90 million. Credit Acceptance had a net margin of 40.83% and a trailing twelve-month return on equity of 29.86%.
View Credit Acceptance's earnings history
.

How has Credit Acceptance's stock price been impacted by COVID-19?

Credit Acceptance's stock was trading at $409.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CACC shares have increased by 4.3% and is now trading at $427.74.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for CACC?

4 Wall Street analysts have issued 12-month price objectives for Credit Acceptance's shares. Their forecasts range from $240.00 to $450.00. On average, they anticipate Credit Acceptance's share price to reach $370.75 in the next year. This suggests that the stock has a possible downside of 13.3%.
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:
  • Mr. Kenneth S. Booth, CEO, CFO, Pres & Director (Age 54, Pay $1.9M)
  • Mr. Charles A. Pearce, Chief Legal Officer & Corp. Sec. (Age 57, Pay $1.9M)
  • Mr. Daniel A. Ulatowski, Chief Sales Officer (Age 49, Pay $1.9M)
  • Mr. Arthur L. Smith, Chief Analytics Officer (Age 48, Pay $1.9M)
  • Mr. Jonathan Lum, Chief Operating Officer (Age 45)
  • Mr. Jay D. Martin, Sr. VP of Accounting & Financial Reporting and Principal Accounting Officer (Age 47)
  • Mr. Noah Kotch, Chief Information Officer (Age 51)
  • Mr. Douglas W. Busk, Chief Treasury Officer (Age 61)

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.

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 Bank of America (BAC), Gilead Sciences (GILD), Netflix (NFLX), salesforce.com (CRM), The 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 a variety of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (6.08%), BlackRock Inc. (2.91%), Beck Mack & Oliver LLC (1.86%), Cantillon Capital Management LLC (1.65%), RV Capital GmbH (1.27%) and Dimensional Fund Advisors LP (0.96%). Company insiders that own Credit Acceptance stock include Arthur L Smith, Brett A Roberts, Charles A Pearce, Donald A Foss, Douglas W Busk, Glenda J Flanagan, Kenneth Booth and Prescott General Partners Llc.
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 Brave Warrior Advisors LLC, Renaissance Technologies LLC, Principal Financial Group Inc., Morgan Stanley, Royal Bank of Canada, Millennium Management LLC, AQR Capital Management LLC, and Cubist Systematic Strategies LLC. Company insiders that have sold Credit Acceptance company stock in the last year include Arthur L Smith, Donald A Foss, and Glenda J Flanagan.
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 bought by a variety of institutional investors in the last quarter, including Maverick Capital Ltd., CIBC Private Wealth Group LLC, BlackRock Inc., Alberta Investment Management Corp, RV Capital GmbH, Holocene Advisors LP, Smead Capital Management Inc., and Winmill & CO. Inc..
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 $427.74.

How much money does Credit Acceptance make?

Credit Acceptance has a market capitalization of $7.15 billion and generates $1.67 billion in revenue each year. The credit services provider earns $421 million in net income (profit) each year or $38.26 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 or via email at [email protected]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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