Credit Acceptance Stock Price, News & Analysis (NASDAQ:CACC)

$474.56
-15.88 (-3.24 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$474.31
Now: $474.56
$493.69
50-Day Range
$443.63
MA: $463.60
$493.13
52-Week Range
$356.12
Now: $474.56
$509.99
Volume104,391 shs
Average Volume82,812 shs
Market Capitalization$8.92 billion
P/E Ratio16.72
Dividend YieldN/A
Beta0.75
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. Read More…

Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Current SymbolNASDAQ:CACC
CUSIP22531010
Phone248-353-2700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.29 billion
Cash Flow$28.7090 per share
Book Value$103.11 per share

Profitability

Net Income$574 million

Miscellaneous

Employees2,040
Market Cap$8.92 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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Credit Acceptance (NASDAQ:CACC) Frequently Asked Questions

What is Credit Acceptance's stock symbol?

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

How were Credit Acceptance's earnings last quarter?

Credit Acceptance Corp. (NASDAQ:CACC) issued its quarterly earnings data on Tuesday, July, 30th. The credit services provider reported $8.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.52 by $0.08. The credit services provider had revenue of $370.60 million for the quarter, compared to analyst estimates of $363.38 million. Credit Acceptance had a return on equity of 30.02% and a net margin of 45.15%. The business's quarterly revenue was up 17.5% compared to the same quarter last year. During the same quarter last year, the company posted $6.95 earnings per share. View Credit Acceptance's Earnings History.

When is Credit Acceptance's next earnings date?

Credit Acceptance is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Credit Acceptance.

What price target have analysts set for CACC?

6 brokers have issued 1 year target prices for Credit Acceptance's stock. Their predictions range from $340.00 to $495.00. On average, they expect Credit Acceptance's stock price to reach $426.50 in the next year. This suggests that the stock has a possible downside of 10.1%. View Analyst Price Targets for Credit Acceptance.

What is the consensus analysts' recommendation for Credit Acceptance?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Credit Acceptance.

Has Credit Acceptance been receiving favorable news coverage?

News articles about CACC stock have been trending negative recently, according to InfoTrie. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Credit Acceptance earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave headlines about the credit services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Credit Acceptance.

Are investors shorting Credit Acceptance?

Credit Acceptance saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 556,400 shares, a drop of 10.5% from the July 31st total of 621,600 shares. Based on an average daily volume of 90,400 shares, the short-interest ratio is currently 6.2 days. Currently, 4.5% of the shares of the stock are sold short. View Credit Acceptance's Current Options Chain.

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 Netflix (NFLX), Mastercard (MA), NVIDIA (NVDA), State National Companies (SNC), Bank of America (BAC), salesforce.com (CRM), Mercadolibre (MELI), Home Depot (HD), BofI (BOFI) and Gilead Sciences (GILD).

Who are Credit Acceptance's key executives?

Credit Acceptance's management team includes the folowing people:
  • Mr. Brett A. Roberts, CEO & Director (Age 53)
  • Mr. Kenneth S. Booth, Chief Financial Officer (Age 52)
  • Mr. Charles A. Pearce, Chief Legal Officer & Corp. Sec. (Age 55)
  • Mr. Daniel A. Ulatowski, Chief Sales Officer (Age 47)
  • Mr. Arthur L. Smith, Chief Analytics Officer (Age 46)

Who are Credit Acceptance's major shareholders?

Credit Acceptance's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.93%), BlackRock Inc. (2.68%), BlackRock Inc. (2.68%), Abrams Bison Investments LLC (2.15%), Cantillon Capital Management LLC (1.59%) and Beck Mack & Oliver LLC (1.57%). Company insiders that own Credit Acceptance stock include Arthur L Smith, Charles A Pearce, Douglas W Busk, Jill Foss Watson, John S Soave, Kenneth Booth, Prescott General Partners Llc, Scott J Vassalluzzo 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 Abrams Bison Investments LLC, Vanguard Group Inc., JPMorgan Chase & Co., Invesco Ltd., Wasatch Advisors Inc., Grantham Mayo Van Otterloo & Co. LLC, AXA and Cantillon Capital Management LLC. Company insiders that have sold Credit Acceptance company stock in the last year include Kenneth Booth, Prescott General Partners Llc and Scott J Vassalluzzo. View Insider Buying and Selling for Credit Acceptance.

Which institutional investors are buying Credit Acceptance stock?

CACC stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, APG Asset Management N.V., Renaissance Technologies LLC, Victory Capital Management Inc., Bank of America Corp DE, AQR Capital Management LLC, Pinebridge Investments L.P. and Beck Mack & Oliver LLC. View Insider Buying and Selling for Credit Acceptance.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Credit Acceptance's stock price today?

One share of CACC stock can currently be purchased for approximately $474.56.

How big of a company is Credit Acceptance?

Credit Acceptance has a market capitalization of $8.92 billion and generates $1.29 billion in revenue each year. The credit services provider earns $574 million in net income (profit) each year or $28.39 on an earnings per share basis. Credit Acceptance employs 2,040 workers across the globe.View Additional Information About Credit Acceptance.

What is Credit Acceptance's official website?

The official website for Credit Acceptance is http://www.creditacceptance.com/.

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]


MarketBeat Community Rating for Credit Acceptance (NASDAQ CACC)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  287 (Vote Outperform)
Underperform Votes:  482 (Vote Underperform)
Total Votes:  769
MarketBeat's community ratings are surveys of what our community members think about Credit Acceptance and other stocks. Vote "Outperform" if you believe CACC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CACC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2019 by MarketBeat.com Staff

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