Credit Acceptance Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last year. There are currently 1 sell rating and 3 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.
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Credit Acceptance is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Credit Acceptance.

Credit Acceptance Co. (NASDAQ:CACC) announced its earnings results on Wednesday, July, 28th. The credit services provider reported $17.18 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $10.36 by $6.82. Credit Acceptance had a trailing twelve-month return on equity of 29.86% and a net margin of 40.83%.
View Credit Acceptance's earnings history.

Credit Acceptance's stock was trading at $409.93 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CACC stock has increased by 18.3% and is now trading at $484.77.
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4 analysts have issued twelve-month price objectives for Credit Acceptance's shares. Their forecasts range from $360.00 to $450.00. On average, they anticipate Credit Acceptance's share price to reach $400.75 in the next year. This suggests that the stock has a possible downside of 17.3%.
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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.

Some companies that are related to Credit Acceptance include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), SLM (SLM), Nelnet (NNI), Green Dot (GDOT), PRA Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW) and Nicholas Financial (NICK).
View all of CACC's competitors.

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).

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

Credit Acceptance's stock is owned by a number of institutional and retail investors. Top institutional investors include Cantillon Capital Management LLC (1.68%), JLB & Associates Inc. (0.04%) and Transform Wealth LLC (0.01%). 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, Jill Foss Watson, Kenneth Booth and Prescott General Partners Llc.
View institutional ownership trends for Credit Acceptance.

CACC stock was sold by a variety of institutional investors in the last quarter, including Cantillon Capital Management LLC. Company insiders that have sold Credit Acceptance company stock in the last year include Arthur L Smith, Glenda J Flanagan, and Jill Foss Watson.
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CACC stock was purchased by a variety of institutional investors in the last quarter, including Transform Wealth LLC, and JLB & Associates Inc..
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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.
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One share of CACC stock can currently be purchased for approximately $484.77.

Credit Acceptance has a market capitalization of $7.95 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.

Credit Acceptance employs 2,033 workers across the globe.

Credit Acceptance was founded in 1972.

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

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

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]