S&P 500   3,958.97 (-0.11%)
DOW   33,704.88 (-0.23%)
QQQ   284.17 (+0.11%)
AAPL   144.17 (+1.07%)
MSFT   246.82 (-0.23%)
META   116.55 (+1.06%)
GOOGL   93.44 (-0.29%)
AMZN   89.13 (-1.35%)
TSLA   179.68 (+3.60%)
NVDA   173.13 (+0.84%)
NIO   12.77 (-4.77%)
BABA   91.87 (-2.44%)
AMD   69.63 (-1.19%)
T   19.24 (+0.63%)
MU   55.36 (+0.29%)
CGC   2.94 (-4.85%)
F   13.26 (+1.07%)
GE   82.40 (-1.47%)
DIS   94.15 (+1.73%)
AMC   5.89 (-2.97%)
PYPL   74.25 (+0.04%)
PFE   51.94 (+0.31%)
NFLX   326.28 (+5.16%)
S&P 500   3,958.97 (-0.11%)
DOW   33,704.88 (-0.23%)
QQQ   284.17 (+0.11%)
AAPL   144.17 (+1.07%)
MSFT   246.82 (-0.23%)
META   116.55 (+1.06%)
GOOGL   93.44 (-0.29%)
AMZN   89.13 (-1.35%)
TSLA   179.68 (+3.60%)
NVDA   173.13 (+0.84%)
NIO   12.77 (-4.77%)
BABA   91.87 (-2.44%)
AMD   69.63 (-1.19%)
T   19.24 (+0.63%)
MU   55.36 (+0.29%)
CGC   2.94 (-4.85%)
F   13.26 (+1.07%)
GE   82.40 (-1.47%)
DIS   94.15 (+1.73%)
AMC   5.89 (-2.97%)
PYPL   74.25 (+0.04%)
PFE   51.94 (+0.31%)
NFLX   326.28 (+5.16%)
S&P 500   3,958.97 (-0.11%)
DOW   33,704.88 (-0.23%)
QQQ   284.17 (+0.11%)
AAPL   144.17 (+1.07%)
MSFT   246.82 (-0.23%)
META   116.55 (+1.06%)
GOOGL   93.44 (-0.29%)
AMZN   89.13 (-1.35%)
TSLA   179.68 (+3.60%)
NVDA   173.13 (+0.84%)
NIO   12.77 (-4.77%)
BABA   91.87 (-2.44%)
AMD   69.63 (-1.19%)
T   19.24 (+0.63%)
MU   55.36 (+0.29%)
CGC   2.94 (-4.85%)
F   13.26 (+1.07%)
GE   82.40 (-1.47%)
DIS   94.15 (+1.73%)
AMC   5.89 (-2.97%)
PYPL   74.25 (+0.04%)
PFE   51.94 (+0.31%)
NFLX   326.28 (+5.16%)
S&P 500   3,958.97 (-0.11%)
DOW   33,704.88 (-0.23%)
QQQ   284.17 (+0.11%)
AAPL   144.17 (+1.07%)
MSFT   246.82 (-0.23%)
META   116.55 (+1.06%)
GOOGL   93.44 (-0.29%)
AMZN   89.13 (-1.35%)
TSLA   179.68 (+3.60%)
NVDA   173.13 (+0.84%)
NIO   12.77 (-4.77%)
BABA   91.87 (-2.44%)
AMD   69.63 (-1.19%)
T   19.24 (+0.63%)
MU   55.36 (+0.29%)
CGC   2.94 (-4.85%)
F   13.26 (+1.07%)
GE   82.40 (-1.47%)
DIS   94.15 (+1.73%)
AMC   5.89 (-2.97%)
PYPL   74.25 (+0.04%)
PFE   51.94 (+0.31%)
NFLX   326.28 (+5.16%)

Credit Acceptance - CACC Stock Forecast, Price & News

$466.17
+11.17 (+2.45%)
(As of 12/9/2022 01:12 PM ET)
Add
Compare
Today's Range
$457.87
$471.23
50-Day Range
$407.70
$521.70
52-Week Range
$397.58
$699.08
Volume
2,374 shs
Average Volume
92,146 shs
Market Capitalization
$6.03 billion
P/E Ratio
10.60
Dividend Yield
N/A
Price Target
$405.33

Credit Acceptance MarketRank™ Forecast

Analyst Rating
Hold
1.67 Rating Score
Upside/​Downside
12.4% Downside
$405.33 Price Target
Short Interest
Bearish
13.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-22.60%
From $50.54 to $39.12 Per Share

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 stars

Finance Sector

853rd out of 862 stocks

Personal Credit Institutions Industry

13th out of 13 stocks

CACC stock logo

About Credit Acceptance (NASDAQ:CACC) Stock

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. The company was founded in 1972 and is headquartered in Southfield, Michigan.

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.

CACC Stock News Headlines

Credit Acceptance 10% Owner Trades Company's Stock
Credit Acceptance (CACC) Lags Q3 Earnings Estimates
Credit Acceptance Announces Third Quarter 2022 Results
Credit Acceptance Earnings Preview
Two-Minute Drill: TXN, PARA & CACC
See More Headlines
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.

CACC Company Calendar

Last Earnings
11/01/2022
Today
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/30/2023

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
Current Symbol
NASDAQ:CACC
CUSIP
22531010
Employees
2,073
Year Founded
1972

Price Target and Rating

Average Stock Price Forecast
$405.33
High Stock Price Forecast
$442.00
Low Stock Price Forecast
$364.00
Forecasted Upside/Downside
-13.1%
Consensus Rating
Hold
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$958.30 million
Pretax Margin
45.38%

Debt

Sales & Book Value

Annual Sales
$1.86 billion
Cash Flow
$62.07 per share
Book Value
$125.46 per share

Miscellaneous

Free Float
12,524,000
Market Cap
$6.03 billion
Optionable
Optionable
Beta
1.35

Social Links


Key Executives

  • Mr. Kenneth S. BoothMr. Kenneth S. Booth (Age 55)
    CEO, Pres & Director
    Comp: $902.71k
  • Mr. Daniel A. UlatowskiMr. Daniel A. Ulatowski (Age 50)
    Chief Sales Officer
    Comp: $710.71k
  • Mr. Arthur L. SmithMr. Arthur L. Smith (Age 49)
    Chief Analytics Officer
    Comp: $710.71k
  • Mr. Douglas W. BuskMr. Douglas W. Busk (Age 62)
    Chief Treasury Officer
    Comp: $661.44k
  • Mr. Jonathan L. LumMr. Jonathan L. Lum (Age 45)
    Chief Operating Officer
  • Mr. Jay D. Martin (Age 48)
    Sr. VP of Accounting & Financial Reporting and Principal Accounting Officer
  • Mr. Ravi Mohan
    Chief Technology Officer
  • Mr. Noah Kotch (Age 52)
    Chief Information Officer
  • Ms. Erin J. Kerber (Age 43)
    Chief Legal Officer & Corp. Sec.
  • Mr. Andrew Rostami
    Chief Marketing & Product Officer













CACC Stock - Frequently Asked Questions

Should I buy or sell Credit Acceptance stock right now?

3 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 2 hold ratings for the stock. The consensus among Wall Street research 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 equities research analysts have issued 12-month price objectives for Credit Acceptance's stock. 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 10.9%.
View analysts price targets for CACC
or view top-rated stocks among Wall Street analysts.

How have CACC shares performed in 2022?

Credit Acceptance's stock was trading at $687.68 at the beginning of 2022. Since then, CACC stock has decreased by 33.8% and is now trading at $455.00.
View the best growth stocks for 2022 here
.

When is Credit Acceptance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, January 30th 2023.
View our CACC earnings forecast
.

How were Credit Acceptance's earnings last quarter?

Credit Acceptance Co. (NASDAQ:CACC) announced its quarterly earnings data on Tuesday, November, 1st. The credit services provider reported $13.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $13.17 by $0.19. The credit services provider earned $460.30 million during the quarter, compared to analyst estimates of $453.30 million. Credit Acceptance had a trailing twelve-month return on equity of 47.34% and a net margin of 34.09%.

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 a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.53%), BlackRock Inc. (2.03%), Cantillon Capital Management LLC (1.95%), RV Capital AG (1.51%), Dimensional Fund Advisors LP (1.31%) and Hsbc Holdings PLC (1.14%). 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 $455.00.

How much money does Credit Acceptance make?

Credit Acceptance (NASDAQ:CACC) has a market capitalization of $5.88 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 12/9/2022 by MarketBeat.com Staff