NASDAQ:CACC Credit Acceptance - CACC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Credit Acceptance Co. Please log in to your account or sign up in order to add this asset to your watchlist. $462.64 +13.89 (+3.10%) (As of 01/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$450.69▼$467.4650-Day Range$378.22▼$480.0752-Week Range$358.00▼$648.95Volume111,585 shsAverage Volume165,449 shsMarket Capitalization$5.98 billionP/E Ratio10.52Dividend YieldN/APrice Target$405.33 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Credit Acceptance MarketRank™ ForecastAnalyst RatingHold1.67 Rating ScoreUpside/Downside12.4% Downside$405.33 Price TargetShort InterestBearish17.53% of Float Sold ShortDividend StrengthN/ASustainability-0.24Upright™ Environmental ScoreNews Sentiment1.08Based on 14 Articles This WeekInsider TradingSelling Shares$441,580 Sold Last QuarterProj. Earnings Growth-17.69%From $50.32 to $41.42 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.21 out of 5 starsFinance Sector883rd out of 897 stocksPersonal Credit Institutions Industry13th out of 13 stocks 0.8 Analyst's Opinion Consensus RatingCredit Acceptance has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $405.33, Credit Acceptance has a forecasted downside of 12.4% from its current price of $462.64.Amount of Analyst CoverageCredit Acceptance has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted17.53% 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 11.2, which indicates bearish sentiment.Change versus previous monthShort interest in Credit Acceptance has recently increased by 15.00%, indicating that investor sentiment is decreasing significantly. 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 2.8 News and Social Media Coverage News SentimentCredit Acceptance has a news sentiment score of 1.08. 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 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Credit Acceptance this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for CACC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Credit Acceptance to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Credit Acceptance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $441,580.00 in company stock.Percentage Held by InsidersOnly 3.10% of the stock of Credit Acceptance is held by insiders.Percentage Held by Institutions63.11% of the stock of Credit Acceptance is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Credit Acceptance are expected to decrease by -17.69% in the coming year, from $50.32 to $41.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Credit Acceptance is 10.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Credit Acceptance is 10.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 190.28.Price to Book Value per Share RatioCredit Acceptance has a P/B Ratio of 3.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Credit Acceptance (NASDAQ:CACC) StockCredit 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.Read More 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 CACC Stock News HeadlinesJanuary 31, 2023 | msn.comCredit Acceptance Non-GAAP EPS of $11.74 beats by $1.68, revenue of $459M beats by $6.11MJanuary 31, 2023 | benzinga.comROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACCFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 31, 2023 | msn.comCredit Acceptance Q4 results top consensus as loan assignment volume growsJanuary 31, 2023 | seekingalpha.comCredit Acceptance Corporation (CACC) Q4 2022 Earnings Call TranscriptJanuary 31, 2023 | finance.yahoo.comCredit Acceptance Announces Fourth Quarter and Full Year 2022 ResultsJanuary 31, 2023 | finance.yahoo.comCredit Acceptance (CACC) Surpasses Q4 Earnings and Revenue EstimatesJanuary 30, 2023 | seekingalpha.comCredit Acceptance: Subprime Trouble AheadFebruary 1, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 30, 2023 | finance.yahoo.comHere’s Why Credit Acceptance Corporation (CACC) Dropped in 2022January 30, 2023 | americanbankingnews.comCredit Acceptance (CACC) to Release Earnings on TuesdayJanuary 30, 2023 | wsj.comBragar Eagel & Squire, P.C. Is Investigating Fox, DLocal, FTX, and Credit Acceptance and Encourages Investors to Contact the FirmJanuary 24, 2023 | wsj.comCredit Acceptance Shareholder Action ReminderJanuary 24, 2023 | finance.yahoo.comCredit Acceptance Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and WebcastJanuary 24, 2023 | finance.yahoo.comStrength Seen in Credit Acceptance (CACC): Can Its 8.8% Jump Turn into More Strength?January 23, 2023 | finance.yahoo.comCredit Acceptance (CACC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?January 19, 2023 | wsj.comBragar Eagel & Squire, P.C. Is Investigating DLocal, Inspirato, Welltower, and Credit Acceptance and Encourages Investors to Contact the FirmJanuary 19, 2023 | wsj.comROSEN, GLOBAL INVESTOR COUNSEL, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation -- CACCJanuary 19, 2023 | wsj.comROSEN, GLOBAL INVESTOR COUNSEL, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation -- CACCJanuary 17, 2023 | wsj.comROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation -- CACCJanuary 12, 2023 | benzinga.comCredit Acceptance Investor AlertJanuary 10, 2023 | finance.yahoo.comCredit Acceptance Named One of the Best and Brightest Companies to Work For® in the NationJanuary 8, 2023 | msn.comAuto lender sued for hiding loan costs, setting borrowers up to failJanuary 7, 2023 | msn.comFutu, Credit Acceptance, Nu top week's financial losers by wide marginJanuary 6, 2023 | finance.yahoo.comWhy worries over subprime auto bonds might be only getting startedJanuary 6, 2023 | finance.yahoo.comWhy Credit Acceptance Stock Fell 17.9% This WeekJanuary 5, 2023 | benzinga.comCREDIT ACCEPTANCE ALERT: Bragar EagelSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 CACC Company Calendar Last Earnings11/01/2021Today2/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNASDAQ:CACC CUSIP22531010 CIK885550 Webwww.creditacceptance.com Phone(248) 353-2700Fax248-353-9776Employees2,073Year Founded1972Price Target and Rating Average Stock Price Forecast$405.33 High Stock Price Forecast$442.00 Low Stock Price Forecast$364.00 Forecasted Upside/Downside-12.4%Consensus RatingHold Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$43.97 Trailing P/E Ratio10.52 Forward P/E Ratio9.19 P/E GrowthN/ANet Income$958.30 million Net Margins34.09% Pretax Margin45.38% Return on Equity47.34% Return on Assets11.11% Debt Debt-to-Equity Ratio2.79 Current Ratio15.89 Quick Ratio15.89 Sales & Book Value Annual Sales$1.86 billion Price / Sales3.22 Cash Flow$57.47 per share Price / Cash Flow8.05 Book Value$125.46 per share Price / Book3.69Miscellaneous Outstanding Shares12,930,000Free Float12,524,000Market Cap$5.98 billion OptionableOptionable Beta1.32 Social Links Key ExecutivesKenneth S. BoothPresident, Chief Executive Officer & DirectorJonathan LumChief Operating OfficerJay D. MartinSenior Vice President-Finance & AccountingRavi MohanChief Technology OfficerErin J. KerberSecretary, Chief Compliance & Legal OfficerKey CompetitorsSLMNASDAQ:SLMNelnetNYSE:NNIOneMainNYSE:OMFSouthStateNASDAQ:SSBSynovus FinancialNYSE:SNVView All CompetitorsInsiders & InstitutionsIngalls & Snyder LLCSold 75 shares on 1/31/2023Ownership: 0.266%New York State Common Retirement FundSold 263 shares on 1/30/2023Ownership: 0.087%Account Management LLCSold 375 shares on 1/30/2023Ownership: 0.008%JLB & Associates Inc.Bought 36 shares on 1/26/2023Ownership: 0.053%Dupont Capital Management CorpSold 314 shares on 1/26/2023Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions CACC Stock - Frequently Asked Questions Should I buy or sell Credit Acceptance stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CACC shares. 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 CACC analyst ratings or view top-rated stocks. What is Credit Acceptance's stock price forecast for 2023? 3 Wall Street analysts have issued 1 year price targets for Credit Acceptance's shares. Their CACC share price forecasts range from $364.00 to $442.00. On average, they expect the company's stock price to reach $405.33 in the next year. This suggests that the stock has a possible downside of 12.4%. View analysts price targets for CACC or view top-rated stocks among Wall Street analysts. How have CACC shares performed in 2023? Credit Acceptance's stock was trading at $474.40 at the beginning of the year. Since then, CACC stock has decreased by 2.5% and is now trading at $462.64. View the best growth stocks for 2023 here. When is Credit Acceptance's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 31st 2023. View our CACC earnings forecast. How were Credit Acceptance's earnings last quarter? Credit Acceptance Co. (NASDAQ:CACC) issued its quarterly earnings results on Monday, November, 1st. The credit services provider reported $15.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $13.45 by $2.34. The credit services provider had revenue of $470.10 million for the quarter, compared to analyst estimates of $461.37 million. Credit Acceptance had a net margin of 34.09% and a trailing twelve-month return on equity of 47.34%. The business's quarterly revenue was up 10.2% on a year-over-year basis. During the same period in the prior year, the firm posted $9.36 earnings per share. 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. 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 (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 retail and institutional investors. Top institutional investors include Ingalls & Snyder LLC (0.27%), New York State Common Retirement Fund (0.09%), Mraz Amerine & Associates Inc. (0.07%), JLB & Associates Inc. (0.05%), Dupont Capital Management Corp (0.02%) and Citadel Investment Advisory Inc. (0.01%). Insiders that own company 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, Thomas N Tryforos and Thomas W Smith. 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 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 $462.64. How much money does Credit Acceptance make? Credit Acceptance (NASDAQ:CACC) has a market capitalization of $5.98 billion and generates $1.86 billion in revenue each year. The credit services provider earns $958.30 million in net income (profit) each year or $43.97 on an earnings per share basis. How many employees does Credit Acceptance have? The company employs 2,073 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 official website for the company is www.creditacceptance.com. The credit services provider can be reached via phone at (248) 353-2700, via email at ir@creditacceptance.com, or via fax at 248-353-9776. This page (NASDAQ:CACC) was last updated on 2/1/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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