Log in

NASDAQ:CACC - Credit Acceptance Stock Price, Forecast & News

-1.94 (-0.42 %)
(As of 01/24/2020 04:00 PM ET)
Today's Range
Now: $457.65
50-Day Range
MA: $441.62
52-Week Range
Now: $457.65
Volume104,522 shs
Average Volume115,037 shs
Market Capitalization$8.60 billion
P/E Ratio13.52
Dividend YieldN/A
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
Current SymbolNASDAQ:CACC



Sales & Book Value

Annual Sales$1.29 billion
Cash Flow$29.60 per share
Book Value$103.11 per share


Net Income$574 million


Market Cap$8.60 billion
Next Earnings Date1/30/2020 (Confirmed)

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

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) posted its earnings results on Friday, November, 1st. The credit services provider reported $8.89 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $8.86 by $0.03. The credit services provider had revenue of $378.70 million for the quarter, compared to analyst estimates of $380.69 million. Credit Acceptance had a return on equity of 29.54% and a net margin of 44.69%. The business's revenue was up 14.1% compared to the same quarter last year. During the same period last year, the company earned $7.56 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 Thursday, January 30th 2020. View Earnings Estimates for Credit Acceptance.

How can I listen to Credit Acceptance's earnings call?

Credit Acceptance will be holding an earnings conference call on Thursday, January 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for CACC?

6 equities research analysts have issued 1-year price objectives for Credit Acceptance's shares. Their forecasts range from $340.00 to $495.00. On average, they anticipate Credit Acceptance's stock price to reach $427.40 in the next year. This suggests that the stock has a possible downside of 6.6%. 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?

Press coverage about CACC stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research group scores 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 -5 to 5, with scores nearest to five being the most favorable. Credit Acceptance earned a media sentiment score of 0.8 on InfoTrie's scale. They also gave press coverage about the credit services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Credit Acceptance.

Are investors shorting Credit Acceptance?

Credit Acceptance saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,060,000 shares, an increase of 10.4% from the December 15th total of 960,000 shares. Based on an average daily volume of 114,700 shares, the short-interest ratio is presently 9.2 days. Currently, 8.5% of the shares of the company are short sold. 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), Bank of America (BAC), NVIDIA (NVDA), salesforce.com (CRM), Mastercard (MA), Exxon Mobil (XOM), Gilead Sciences (GILD), Mercadolibre (MELI), Tesla (TSLA) and Alibaba Group (BABA).

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 retail and institutional investors. Top institutional shareholders include Ingalls & Snyder LLC (0.33%), Janney Montgomery Scott LLC (0.03%), Eqis Capital Management Inc. (0.01%), MorganRosel Wealth Management LLC (0.01%), Transform Wealth LLC (0.00%) and Nachman Norwood & Parrott Inc (0.00%). Company insiders that own Credit Acceptance stock include Arthur L Smith, Brett A Roberts, Charles A Pearce, Douglas W Busk, 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 Ingalls & Snyder LLC and MorganRosel Wealth Management LLC. Company insiders that have sold Credit Acceptance company stock in the last year include Brett A Roberts, Charles A Pearce, Kenneth Booth and Prescott General Partners Llc. View Insider Buying and Selling for Credit Acceptance.

Which institutional investors are buying Credit Acceptance stock?

CACC stock was bought by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Nachman Norwood & Parrott Inc, Transform Wealth LLC and Eqis Capital Management Inc.. 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 $457.65.

How big of a company is Credit Acceptance?

Credit Acceptance has a market capitalization of $8.60 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:  310 (Vote Outperform)
Underperform Votes:  513 (Vote Underperform)
Total Votes:  823
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 1/25/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel