Credit Acceptance Stock Forecast, Price & News

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 year. There are currently 2 sell ratings and 2 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.

How has Credit Acceptance's stock been impacted by Coronavirus (COVID-19)?

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 (WHO). 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 earnings results on Monday, November, 1st. The credit services provider reported $15.79 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $13.45 by $2.34. The credit services provider had revenue of $470.10 million for the quarter, compared to the consensus estimate of $461.37 million. Credit Acceptance had a net margin of 49.29% and a trailing twelve-month return on equity of 35.64%. The company's quarterly revenue was up 10.2% compared to the same quarter last year. 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 12 month target prices for Credit Acceptance's stock. Their forecasts range from $355.00 to $519.00. On average, they expect Credit Acceptance's share price to reach $423.25 in the next year. 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:

• Kenneth S. Booth, President, Chief Executive Officer & Director (LinkedIn Profile)
• Jonathan Lum, Chief Operating Officer (LinkedIn Profile)
• Jay D. Martin, Senior Vice President-Finance & Accounting
• Noah Kotch, Chief Information Officer
• Art Smith, Chief Analytics Officer

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?

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.

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 a variety of 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 institutional 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 institutional investors are buying Credit Acceptance stock?

CACC stock was purchased 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.
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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.