S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:CACC

Credit Acceptance (CACC) Stock Price, News & Analysis

$551.55
-0.05 (-0.01%)
(As of 03/28/2024 ET)
Today's Range
$549.39
$554.25
50-Day Range
$531.75
$582.42
52-Week Range
$379.77
$616.66
Volume
66,617 shs
Average Volume
68,735 shs
Market Capitalization
$6.78 billion
P/E Ratio
25.05
Dividend Yield
N/A
Price Target
$381.75

Credit Acceptance MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
30.8% Downside
$381.75 Price Target
Short Interest
Bearish
9.62% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.24
Upright™ Environmental Score
News Sentiment
0.76mentions of Credit Acceptance in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$1.72 M Sold Last Quarter
Proj. Earnings Growth
13.01%
From $41.06 to $46.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.41 out of 5 stars

Finance Sector

584th out of 846 stocks

Personal Credit Institutions Industry

9th out of 13 stocks

CACC stock logo

About Credit Acceptance Stock (NASDAQ:CACC)

Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount 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 serves independent and franchised automobile dealers. Credit Acceptance Corporation was incorporated in 1972 and is headquartered in Southfield, Michigan.

CACC Stock Price History

CACC Stock News Headlines

$25,000 into $109,616 in two months?
Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…
CACC Apr 2024 580.000 put
This consistently signaled gains of 453%... 610%... and even 1036%...
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
CACC Dec 2024 340.000 call
COF Mar 2024 125.000 put
CACC Dec 2024 200.000 put
CACC Mar 2024 420.000 put
CACC Mar 2024 610.000 call
Sell Rating on Credit Acceptance Amid Forecast Cuts and Rising Costs
See More Headlines
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.

Company Calendar

Last Earnings
1/31/2024
Today
3/28/2024
Next Earnings (Estimated)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Current Symbol
NASDAQ:CACC
CUSIP
22531010
Employees
2,232
Year Founded
1972

Price Target and Rating

Average Stock Price Target
$381.75
High Stock Price Target
$440.00
Low Stock Price Target
$347.00
Potential Upside/Downside
-30.8%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$286.10 million
Pretax Margin
19.33%

Debt

Sales & Book Value

Annual Sales
$1.90 billion
Cash Flow
$44.77 per share
Book Value
$139.55 per share

Miscellaneous

Free Float
11,786,000
Market Cap
$6.78 billion
Optionable
Optionable
Beta
1.46

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

CACC Stock Analysis - 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 year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" CACC shares.
View CACC analyst ratings
or view top-rated stocks.

What is Credit Acceptance's stock price target for 2024?

3 brokers have issued 12-month price targets for Credit Acceptance's shares. Their CACC share price targets range from $347.00 to $440.00. On average, they expect the company's share price to reach $381.75 in the next twelve months. This suggests that the stock has a possible downside of 30.8%.
View analysts price targets for CACC
or view top-rated stocks among Wall Street analysts.

How have CACC shares performed in 2024?

Credit Acceptance's stock was trading at $532.73 at the beginning of 2024. Since then, CACC shares have increased by 3.5% and is now trading at $551.55.
View the best growth stocks for 2024 here
.

When is Credit Acceptance's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our CACC earnings forecast
.

How were Credit Acceptance's earnings last quarter?

Credit Acceptance Co. (NASDAQ:CACC) announced its quarterly earnings data on Wednesday, January, 31st. The credit services provider reported $10.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.17 by $0.89. The credit services provider had revenue of $491.60 million for the quarter, compared to analysts' expectations of $478.80 million. Credit Acceptance had a net margin of 15.04% and a trailing twelve-month return on equity of 30.94%.

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) and Harbor Corporate Culture Leaders ETF (HAPY).Ranger Equity Bear ETF (HDGE).

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).

Who are Credit Acceptance's major shareholders?

Credit Acceptance's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cerity Partners LLC (7.06%), Wellington Management Group LLP (4.98%), Vanguard Group Inc. (4.04%), Vanguard Group Inc. (4.04%), Gobi Capital LLC (2.96%) and Cantillon Capital Management LLC (2.00%). Insiders that own company stock include A Foss Irrevocable Tru Donald, Andrew K Rostami, Arthur L Smith, Daniel A Ulatowski, Daniel A Ulatowski, Donald A Foss, Douglas W Busk, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CACC) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners