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 $429.16 +1.88 (+0.44 %) (As of 07/13/2020 04:00 PM ET) Add Compare Share Today's Range$424.51Now: $429.16▼$441.7550-Day Range$334.84MA: $414.53▼$483.2652-Week Range$199.00Now: $429.16▼$499.61Volume82,635 shsAverage Volume245,715 shsMarket Capitalization$7.57 billionP/E Ratio20.05Dividend YieldN/ABeta1.29 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider 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™ 0.7 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 $241.40, Credit Acceptance has a potential downside of 43.8% from its current price of $429.16.Amount of Analyst CoverageCredit Acceptance has only been the subject of 1 research reports in the past 90 days. Previous Next 1.9 Community Rank Outperform VotesCredit Acceptance has received 325 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCredit Acceptance has received 543 “underperform” votes. (Add your “underperform” vote.)Community SentimentCredit Acceptance has received 62.56% “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 more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $23,076,884.00 in company stock.Percentage Held by InsidersOnly 5.20% of the stock of Credit Acceptance is held by insiders.Percentage Held by Institutions70.36% 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 0.0 Earnings and Valuation Earnings GrowthEarnings for Credit Acceptance are expected to decrease by -17.14% in the coming year, from $33.55 to $27.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Credit Acceptance is 20.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Credit Acceptance is 20.05, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 18.02.Price to Book Value per Share RatioCredit Acceptance has a P/B Ratio of 3.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.7Community Rank: 1.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.71 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 Webwww.creditacceptance.com Phone248-353-2700Debt Debt-to-Equity Ratio2.42 Current Ratio28.62 Quick Ratio28.62Price-To-Earnings Trailing P/E Ratio20.05 Forward P/E Ratio12.79 P/E GrowthN/A Sales & Book Value Annual Sales$1.49 billion Price / Sales5.09 Cash Flow$36.37 per share Price / Cash Flow11.80 Book Value$125.30 per share Price / Book3.43Profitability EPS (Most Recent Fiscal Year)$34.70 Net Income$656.10 million Net Margins26.76% Return on Equity30.52% Return on Assets9.50%Miscellaneous Employees2,016 Outstanding Shares17,649,000Market Cap$7.57 billion Next Earnings Date8/4/2020 (Estimated) OptionableOptionable NASDAQ:CACC Rates by TradingView 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. 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CACC stock has increased by 4.7% and is now trading at $429.16. View which stocks have been most 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 Tuesday, August 4th 2020. View our earnings forecast for Credit Acceptance. How were Credit Acceptance's earnings last quarter? Credit Acceptance Corp. (NASDAQ:CACC) announced its quarterly earnings results on Wednesday, May, 27th. The credit services provider reported ($4.61) EPS for the quarter, missing the Zacks' consensus estimate of $3.82 by $8.43. The credit services provider had revenue of $389.10 million for the quarter, compared to analyst estimates of $412.56 million. Credit Acceptance had a return on equity of 30.52% and a net margin of 26.76%. The firm's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $8.08 EPS. View Credit Acceptance's earnings history. What price target have analysts set for CACC? 6 brokers have issued 1-year target prices for Credit Acceptance's shares. Their forecasts range from $150.00 to $390.00. On average, they expect Credit Acceptance's share price to reach $241.40 in the next twelve months. This suggests that the stock has a possible downside of 43.8%. 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. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Credit Acceptance earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave headlines about the credit services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Credit Acceptance. Are investors shorting Credit Acceptance? Credit Acceptance saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,500,000 shares, a decrease of 12.0% from the June 15th total of 2,840,000 shares. Based on an average trading volume of 306,500 shares, the short-interest ratio is presently 8.2 days. Currently, 18.9% of the shares of the stock are short sold. 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), Green Dot (GDOT), SLM (SLM), Nelnet (NNI), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Nicholas Financial (NICK) and Asta Funding (ASFI). View all 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), Home Depot (HD), AT&T (T), Tesla (TSLA), Alibaba Group (BABA), IBM (IBM) 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." Who are Credit Acceptance's major shareholders? Credit Acceptance's stock is owned by a number of retail and institutional investors. Top institutional shareholders include JLB & Associates Inc. (0.03%) and Envestnet Asset Management Inc. (0.02%). 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, Kenneth Booth, Prescott General Partners Llc, Scott J Vassalluzzo and Thomas N Tryforos. View institutional ownership trends for Credit Acceptance. Which major investors are buying Credit Acceptance stock? CACC stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and JLB & Associates Inc.. View insider buying and selling activity 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 $429.16. How big of a company is Credit Acceptance? Credit Acceptance has a market capitalization of $7.57 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. What is Credit Acceptance's official website? The official website for Credit Acceptance is 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 7/13/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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