NASDAQ:CACC

Credit Acceptance Stock Forecast, Price & News

$484.77
+3.16 (+0.66 %)
(As of 07/30/2021 12:00 AM ET)
Add
Compare
Today's Range
$461.27
$499.67
50-Day Range
$385.26
$484.77
52-Week Range
$266.74
$539.00
Volume149,839 shs
Average Volume88,296 shs
Market Capitalization$7.95 billion
P/E Ratio9.32
Dividend YieldN/A
Beta1.2
30 days | 90 days | 365 days | Advanced Chart
Receive CACC 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.


Credit Acceptance logo

About Credit Acceptance

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

1.67 out of 5 stars

Finance Sector

830th out of 2,043 stocks

Personal Credit Institutions Industry

11th out of 16 stocks

Analyst Opinion: 0.9Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Credit Acceptance (NASDAQ:CACC) Frequently Asked Questions

Is Credit Acceptance a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last twelve months. There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities 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.

What stocks does MarketBeat like better than Credit Acceptance?

Wall Street analysts have given Credit Acceptance a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Credit Acceptance wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Credit Acceptance's next earnings date?

Credit Acceptance is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Credit Acceptance
.

How were Credit Acceptance's earnings last quarter?

Credit Acceptance Co. (NASDAQ:CACC) posted its quarterly earnings data on Wednesday, July, 28th. The credit services provider reported $17.18 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $10.36 by $6.82. Credit Acceptance had a net margin of 50.04% and a trailing twelve-month return on equity of 32.30%.
View Credit Acceptance's earnings history
.

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

Credit Acceptance's stock was trading at $409.93 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CACC shares have increased by 18.3% and is now trading at $484.77.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for CACC?

4 brokers have issued twelve-month price targets for Credit Acceptance's shares. Their forecasts range from $360.00 to $450.00. On average, they expect Credit Acceptance's stock price to reach $400.75 in the next year. This suggests that the stock has a possible downside of 17.3%.
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
  • Jonathan Lum, Chief Operating Officer
  • 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?

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), The 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 institutional and retail investors. Top institutional shareholders include Cantillon Capital Management LLC (1.68%), JLB & Associates Inc. (0.04%), Alliancebernstein L.P. (0.03%) 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
.

Which institutional investors are selling Credit Acceptance stock?

CACC stock was sold by a variety of institutional investors in the last quarter, including Cantillon Capital Management LLC, and Alliancebernstein L.P.. Company insiders that have sold Credit Acceptance company stock in the last year include Arthur L Smith, Glenda J Flanagan, and Jill Foss Watson.
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 Transform Wealth LLC, and JLB & Associates Inc..
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.
Compare Top Brokerages Here.

What is Credit Acceptance's stock price today?

One share of CACC stock can currently be purchased for approximately $484.77.

How much money does Credit Acceptance make?

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.

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 or via email at [email protected]


This page was last updated on 7/31/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.