NASDAQ:CACCCredit Acceptance Stock Price, Forecast & News Adding Choose a 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 Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $215.83 -20.92 (-8.84 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$210.67Now: $215.83▼$235.2950-Day Range$234.35MA: $369.18▼$437.0152-Week Range$199.00Now: $215.83▼$509.99Volume355,553 shsAverage Volume392,363 shsMarket Capitalization$3.92 billionP/E Ratio6.23Dividend YieldN/ABeta1.13 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.7 Analyst's Opinion Consensus RatingCredit Acceptance has received a consensus rating of Sell. The company's average rating score is 1.33, and is based on no buy ratings, 2 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $328.80, Credit Acceptance has a potential upside of 52.3% from its current price of $215.83.Amount of Analyst CoverageCredit Acceptance has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.9 Community Rank Outperform VotesCredit Acceptance has received 324 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCredit Acceptance has received 537 “underperform” votes. (Add your “underperform” vote.)Community SentimentCredit Acceptance has received 62.37% “underperform” votes from our community.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. 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 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Credit Acceptance insiders have sold 6,296.31% more of their company's stock than they have bought. Specifically, they have bought $1,357,002.00 in company stock and sold $86,798,008.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of Credit Acceptance is held by insiders.Percentage Held by Institutions63.24% 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 4.40% in the coming year, from $20.68 to $21.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Credit Acceptance is 6.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.15.Price to Earnings Ratio vs. SectorThe P/E ratio of Credit Acceptance is 6.23, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.43.Price to Earnings Growth RatioCredit Acceptance has a PEG Ratio of 1.04. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioCredit Acceptance has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.7Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.81 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNASDAQ:CACC Previous Symbol CUSIP22531010 CIK885550 Webhttp://www.creditacceptance.com/ Phone248-353-2700Debt Debt-to-Equity Ratio1.93 Current Ratio35.47 Quick Ratio35.47Price-To-Earnings Trailing P/E Ratio6.23 Forward P/E Ratio10.44 P/E Growth1.04 Sales & Book Value Annual Sales$1.49 billion Price / Sales2.63 Cash Flow$33.00 per share Price / Cash Flow6.54 Book Value$125.30 per share Price / Book1.72Profitability EPS (Most Recent Fiscal Year)$34.70 Net Income$656.10 million Net Margins44.06% Return on Equity29.25% Return on Assets9.35%Miscellaneous Employees2,016 Outstanding Shares18,150,000Market Cap$3.92 billion Next Earnings Date5/4/2020 (Estimated) OptionableOptionable Receive CACC News and Ratings via Email Sign-up to receive the latest news and ratings for CACC and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:CACC Rates by TradingView Credit Acceptance (NASDAQ:CACC) Frequently Asked Questions How has Credit Acceptance's stock been impacted by COVID-19 (Coronavirus)? Credit Acceptance's stock was trading at $409.93 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CACC stock has decreased by 47.3% and is now trading at $215.83. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Credit Acceptance? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Credit Acceptance in the last year. There are currently 4 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Credit Acceptance. When is Credit Acceptance's next earnings date? Credit Acceptance is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Credit Acceptance. How were Credit Acceptance's earnings last quarter? Credit Acceptance Corp. (NASDAQ:CACC) released its quarterly earnings results on Thursday, January, 30th. The credit services provider reported $9.22 EPS for the quarter, topping analysts' consensus estimates of $8.85 by $0.37. The credit services provider earned $385.90 million during the quarter, compared to analysts' expectations of $385.34 million. Credit Acceptance had a return on equity of 29.25% and a net margin of 44.06%. The firm's quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the prior year, the company earned $7.85 earnings per share. View Credit Acceptance's earnings history. What price target have analysts set for CACC? 6 brokerages have issued 12-month price objectives for Credit Acceptance's shares. Their forecasts range from $150.00 to $495.00. On average, they expect Credit Acceptance's stock price to reach $328.80 in the next twelve months. This suggests a possible upside of 52.3% from the stock's current price. View analysts' price targets for Credit Acceptance. Has Credit Acceptance been receiving favorable news coverage? News headlines about CACC stock have trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Credit Acceptance earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news stories about the credit services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutCredit Acceptance. Are investors shorting Credit Acceptance? Credit Acceptance saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,686,200 shares, an increase of 26.8% from the February 27th total of 1,330,000 shares. Based on an average daily volume of 209,000 shares, the days-to-cover ratio is currently 8.1 days. Currently, 14.1% of the shares of the company are sold short. View Credit Acceptance's Current Options Chain. Who are some of Credit Acceptance's key competitors? Some companies that are related to Credit Acceptance include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), FirstCash (FCFS), SLM (SLM), Nelnet (NNI), Green Dot (GDOT), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Nicholas Financial (NICK) and Asta Funding (ASFI). 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), Netflix (NFLX), Mastercard (MA), Gilead Sciences (GILD), NVIDIA (NVDA), Alibaba Group (BABA), Chipotle Mexican Grill (CMG), salesforce.com (CRM), Visa (V) and Exxon Mobil (XOM). Who are Credit Acceptance's key executives? Credit Acceptance's management team includes the following 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) What is Credit Acceptance's stock symbol? Credit Acceptance trades on the NASDAQ under the ticker symbol "CACC." 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 $215.83. How big of a company is Credit Acceptance? Credit Acceptance has a market capitalization of $3.92 billion and generates $1.49 billion in revenue each year. The credit services provider earns $656.10 million in net income (profit) each year or $34.70 on an earnings per share basis. Credit Acceptance employs 2,016 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: Earnings Per Share (EPS) Explained
