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S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
NASDAQ:CACC

Credit Acceptance - CACC Stock Forecast, Price & News

$462.64
+13.89 (+3.10%)
(As of 01/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$450.69
$467.46
50-Day Range
$378.22
$480.07
52-Week Range
$358.00
$648.95
Volume
111,585 shs
Average Volume
165,449 shs
Market Capitalization
$5.98 billion
P/E Ratio
10.52
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
17.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
1.08mentions of Credit Acceptance in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$441,580 Sold Last Quarter
Proj. Earnings Growth
-17.69%
From $50.32 to $41.42 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

883rd out of 897 stocks

Personal Credit Institutions Industry

13th out of 13 stocks


CACC stock logo

About Credit Acceptance (NASDAQ:CACC) Stock

Credit 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.

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CACC Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks 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.
Credit Acceptance: Subprime Trouble Ahead
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks 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.
Credit Acceptance (CACC) to Release Earnings on Tuesday
Credit Acceptance Investor Alert
Why Credit Acceptance Stock Fell 17.9% This Week
CREDIT ACCEPTANCE ALERT: Bragar Eagel
See More Headlines
Receive CACC Stock News and Ratings via Email

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CACC Company Calendar

Last Earnings
11/01/2021
Today
2/01/2023
Fiscal Year End
12/31/2023

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
-12.4%
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
$57.47 per share
Book Value
$125.46 per share

Miscellaneous

Free Float
12,524,000
Market Cap
$5.98 billion
Optionable
Optionable
Beta
1.32

Social Links


Key Executives

  • Kenneth S. BoothKenneth S. Booth
    President, Chief Executive Officer & Director
  • Jonathan LumJonathan Lum
    Chief Operating Officer
  • Jay D. Martin
    Senior Vice President-Finance & Accounting
  • Ravi Mohan
    Chief Technology Officer
  • Erin J. Kerber
    Secretary, Chief Compliance & Legal Officer













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