Positive News Sentiment NASDAQ:CACC Credit Acceptance - CACC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Credit Acceptance Co. Please log in to your account or sign up in order to add this asset to your watchlist. $401.74 -7.25 (-1.77%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$397.01▼$417.4550-Day Range$381.43▼$548.9952-Week Range$358.00▼$648.95Volume56,332 shsAverage Volume131,829 shsMarket Capitalization$5.15 billionP/E Ratio10.31Dividend YieldN/APrice Target$410.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Credit Acceptance MarketRank™ ForecastAnalyst RatingHold1.67 Rating ScoreUpside/Downside2.2% Upside$410.67 Price TargetShort InterestBearish15.49% of Float Sold ShortDividend StrengthN/ASustainability-0.24Upright™ Environmental ScoreNews Sentiment1.63Based on 4 Articles This WeekInsider TradingSelling Shares$780,100 Sold Last QuarterProj. Earnings Growth10.76%From $45.46 to $50.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.69 out of 5 starsFinance Sector779th out of 876 stocksPersonal Credit Institutions Industry12th out of 13 stocks 0.8 Analyst's Opinion Consensus RatingCredit Acceptance has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $410.67, Credit Acceptance has a forecasted upside of 2.2% from its current price of $401.74.Amount of Analyst CoverageCredit Acceptance has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted15.49% of the float of Credit Acceptance has been sold short.Short Interest Ratio / Days to CoverCredit Acceptance has a short interest ratio ("days to cover") of 9.6.Change versus previous monthShort interest in Credit Acceptance has recently decreased by 2.42%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldCredit Acceptance does not currently pay a dividend.Dividend GrowthCredit Acceptance does not have a long track record of dividend growth. Previous Next 1.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreCredit Acceptance has received a -11.96% net impact score from Upright. On the other hand, these positive outcomes are achieved by using resources or causing negative impacts in categories "Scarce human capital", "Societal stability & understanding among people", and "Equality & human rights". The negative contribution in the "Societal stability & understanding among people" impact category is driven by its "Subprime car loans" and "Credit reporting services" products. See details.Environmental SustainabilityThe Environmental Impact score for Credit Acceptance is -0.24. Previous Next 3.1 News and Social Media Coverage News SentimentCredit Acceptance has a news sentiment score of 1.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Credit Acceptance this week, compared to 2 articles on an average week.MarketBeat FollowsOnly 1 people have added Credit Acceptance to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Credit Acceptance insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $780,100.00 in company stock.Percentage Held by InsidersOnly 3.10% of the stock of Credit Acceptance is held by insiders.Percentage Held by Institutions63.11% of the stock of Credit Acceptance is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Credit Acceptance are expected to grow by 10.76% in the coming year, from $45.46 to $50.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Credit Acceptance is 10.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Credit Acceptance is 10.31, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 140.70.Price to Book Value per Share RatioCredit Acceptance has a P/B Ratio of 3.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Credit Acceptance (NASDAQ:CACC) StockCredit 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.Read More 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. Email Address CACC Stock News HeadlinesMarch 21, 2023 | finance.yahoo.comHere’s Why Credit Acceptance Corporation (CACC) Declined in 2022March 20, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Credit Acceptance (NASDAQ:CACC)March 23, 2023 | Investing Daily (Ad)27 U.S. Cities Where Stocks Yield 26% a YearWhat’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. March 19, 2023 | benzinga.comROSEN, GLOBAL INVESTOR COUNSEL, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation – CACCMarch 16, 2023 | finance.yahoo.comCredit Acceptance Announces Completion of $400.0 Million Asset-Backed FinancingMarch 14, 2023 | benzinga.comROSEN, LEADING INVESTOR COUNSEL, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation – CACCMarch 4, 2023 | benzinga.comROSEN, A LEADING LAW FIRM, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation – CACCMarch 2, 2023 | finance.yahoo.comCredit Acceptance (CACC) Down 15.6% Since Last Earnings Report: Can It Rebound?March 23, 2023 | Investing Daily (Ad)27 U.S. Cities Where Stocks Yield 26% a YearWhat’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. February 24, 2023 | benzinga.comGLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation – CACCFebruary 21, 2023 | benzinga.comROSEN, A Top Ranked Law Firm, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACCFebruary 17, 2023 | benzinga.comROSEN, NATIONAL TRIAL LAWYERS, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACCFebruary 14, 2023 | finance.yahoo.comCredit Acceptance Named a 2023 Top Workplaces USA Award WinnerFebruary 13, 2023 | wsj.comROSEN, Leading Investor Counsel, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACCFebruary 9, 2023 | benzinga.comNATIONALLY RANKED ROSEN LAW FIRM Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation – CACCFebruary 2, 2023 | wsj.comGLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACCFebruary 1, 2023 | finance.yahoo.comCredit Acceptance Corporation (NASDAQ:CACC) Q4 2022 Earnings Call TranscriptFebruary 1, 2023 | finance.yahoo.comCredit Acceptance (CACC) Gains as Q4 Earnings Beat EstimatesJanuary 31, 2023 | msn.comCredit Acceptance Non-GAAP EPS of $11.74 beats by $1.68, revenue of $459M beats by $6.11MJanuary 31, 2023 | benzinga.comROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACCJanuary 31, 2023 | msn.comCredit Acceptance Q4 results top consensus as loan assignment volume growsJanuary 31, 2023 | seekingalpha.comCredit Acceptance Corporation (CACC) Q4 2022 Earnings Call TranscriptJanuary 31, 2023 | finance.yahoo.comCredit Acceptance Announces Fourth Quarter and Full Year 2022 ResultsJanuary 31, 2023 | finance.yahoo.comCredit Acceptance (CACC) Surpasses Q4 Earnings and Revenue EstimatesJanuary 30, 2023 | seekingalpha.comCredit Acceptance: Subprime Trouble AheadJanuary 30, 2023 | finance.yahoo.comHere’s Why Credit Acceptance Corporation (CACC) Dropped in 2022January 30, 2023 | wsj.comBragar Eagel & Squire, P.C. Is Investigating Fox, DLocal, FTX, and Credit Acceptance and Encourages Investors to Contact the FirmSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address CACC Company Calendar Last Earnings1/31/2023Today3/23/2023Next Earnings (Estimated)5/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNASDAQ:CACC CUSIP22531010 CIK885550 Webwww.creditacceptance.com Phone(248) 353-2700Fax248-353-9776Employees2,246Year Founded1972Price Target and Rating Average Stock Price Forecast$410.67 High Stock Price Forecast$442.00 Low Stock Price Forecast$380.00 Forecasted Upside/Downside-0.6%Consensus RatingHold Rating Score (0-4)1.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$38.95 Trailing P/E Ratio10.61 Forward P/E Ratio9.09 P/E GrowthN/ANet Income$535.80 million Net Margins29.24% Pretax Margin38.84% Return on Equity45.27% Return on Assets10.36% Debt Debt-to-Equity Ratio2.81 Current Ratio23.10 Quick Ratio23.10 Sales & Book Value Annual Sales$1.83 billion Price / Sales2.89 Cash Flow$58.29 per share Price / Cash Flow7.09 Book Value$125.65 per share Price / Book3.29Miscellaneous Outstanding Shares12,830,000Free Float12,435,000Market Cap$5.30 billion OptionableOptionable Beta1.31 Social Links Key ExecutivesKenneth S. BoothPresident, Chief Executive Officer & DirectorJonathan LumChief Operating OfficerJay D. MartinSenior Vice President-Finance & AccountingRavi MohanChief Technology OfficerErin J. KerberSecretary, Chief Compliance & Legal OfficerKey CompetitorsNelnetNYSE:NNISLMNASDAQ:SLMOneMainNYSE:OMFOaktree Specialty LendingNASDAQ:OCSLEnova InternationalNYSE:ENVAView All CompetitorsInsiders & InstitutionsThomas W SmithSold 500 sharesTotal: $225,060.00 ($450.12/share)Voya Investment Management LLCSold 219 shares on 2/28/2023Ownership: 0.009%Parallax Volatility Advisers L.P.Sold 2,000 shares on 2/27/2023Ownership: 0.000%Macquarie Group Ltd.Sold 117 shares on 2/21/2023Ownership: 0.004%Ascent Group LLCBought 127 shares on 2/17/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions 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 Wall Street research analysts have issued 12 month price objectives for Credit Acceptance's shares. Their CACC share price forecasts range from $380.00 to $442.00. On average, they anticipate the company's share price to reach $410.67 in the next year. This suggests that the stock has a possible downside of 0.6%. 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 shares have decreased by 12.9% and is now trading at $413.25. 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 Monday, May 1st 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 Tuesday, January, 31st. The credit services provider reported $11.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.28 by $2.46. The credit services provider had revenue of $459 million for the quarter, compared to analyst estimates of $452.89 million. Credit Acceptance had a net margin of 29.24% and a trailing twelve-month return on equity of 45.27%. Credit Acceptance's quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the company earned $14.26 EPS. What ETFs hold Credit Acceptance's stock? ETFs with the largest weight of Credit Acceptance (NASDAQ:CACC) stock in their portfolio include SRH U.S. Quality ETF (SRHQ), Harbor Corporate Culture Leaders ETF (HAPY), First Trust Financial AlphaDEX Fund (FXO), LeaderShares AlphaFactor US Core Equity ETF (LSAF), WisdomTree U.S. Value Fund (WTV), WisdomTree U.S. Quality Shareholder Yield Fund (QSY), US Value ETF (USVT) and Janus Henderson Small Cap Growth Alpha ETF (JSML). 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 institutional and retail investors. Top institutional investors include Ruane Cunniff & Goldfarb L.P. (6.18%), Beck Mack & Oliver LLC (2.49%), Principal Financial Group Inc. (2.18%), Cantillon Capital Management LLC (1.91%), Smead Capital Management Inc. (1.43%) and BloombergSen Inc. (1.35%). Insiders that own company stock include Arthur L Smith, Daniel A Ulatowski, Daniel A Ulatowski, Donald A Foss, Douglas W Busk, Glenda J Flanagan, Jill Foss Watson, Jonathan Lum, Kenneth Booth, Prescott General Partners Llc, Thomas N Tryforos, Thomas W Smith and Wendy A Rummler. 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 $413.25. How much money does Credit Acceptance make? Credit Acceptance (NASDAQ:CACC) has a market capitalization of $5.30 billion and generates $1.83 billion in revenue each year. The credit services provider earns $535.80 million in net income (profit) each year or $38.95 on an earnings per share basis. How many employees does Credit Acceptance have? The company employs 2,246 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 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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