Credit Acceptance Corporation (CACC)
Market Cap | 5.73B |
Revenue (ttm) | 993.20M |
Net Income (ttm) | 289.90M |
Shares Out | 11.60M |
EPS (ttm) | 23.43 |
PE Ratio | 21.06 |
Forward PE | 11.90 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 183,957 |
Open | 494.67 |
Previous Close | 484.70 |
Day's Range | 493.12 - 499.45 |
52-Week Range | 409.22 - 614.96 |
Beta | 1.23 |
Analysts | Sell |
Price Target | 475.00 (-3.75%) |
Earnings Date | Apr 30, 2025 |
About 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 ... [Read more]
Financial Performance
In 2024, Credit Acceptance's revenue was $928.20 million, an increase of 3.23% compared to the previous year's $899.20 million. Earnings were $247.90 million, a decrease of -13.35%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CACC stock is "Sell." The 12-month stock price forecast is $475.0, which is a decrease of -3.75% from the latest price.
News

Credit Acceptance Corporation (CACC) Q1 2025 Earnings Call Transcript
Credit Acceptance Corporation (NASDAQ:CACC) Q1 2025 Earnings Call April 30, 2025 5:00 PM ET Company Participants Jay Martin - Chief Financial Officer Ken Booth - Chief Executive Officer Doug Busk - C...

Credit Acceptance Announces First Quarter 2025 Results
Southfield, Michigan, April 30, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolid...

Credit Acceptance Welcomes CFPB's Withdrawal From Lawsuit
Southfield, Michigan, April 24, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that on ...

Credit Acceptance Announces Timing of First Quarter 2025 Earnings Release and Webcast
Southfield, Michigan, April 23, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we ...

Credit Acceptance Recognized with Multiple 2025 Top Workplaces Spring Culture Excellence Awards
Southfield, Michigan, April 23, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) is proud to announce our...

Credit Acceptance Announces Completion of $400.0 Million Asset-Backed Financing
Southfield, Michigan, March 27, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $40...

Credit Acceptance Named 2025 Top Workplaces USA Award Winner
Southfield, Michigan, March 20, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2025 To...

Credit Acceptance Announces Closing of $500.0 Million Senior Notes Offering and Completion of Redemption of Senior Notes Due 2026
Southfield, Michigan, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the closi...

Credit Acceptance Announces Conditional Notice of Redemption for Outstanding Senior Notes Due 2026
Southfield, Michigan, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it h...

Credit Acceptance Announces Pricing of $500.0 Million Senior Notes Offering
Southfield, Michigan , Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it ...

Credit Acceptance Announces $400.0 Million Senior Notes Offering
Southfield, Michigan, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it p...

Credit Acceptance Corporation (CACC) Q4 2024 Earnings Call Transcript
Credit Acceptance Corporation (NASDAQ:CACC) Q4 2024 Earnings Conference Call January 30, 2024 5:00 PM ET Company Participants Jay D. Martin - Chief Financial Officer Kenneth S.

Credit Acceptance Announces Fourth Quarter and Full Year 2024 Results
Southfield, Michigan, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolida...

Credit Acceptance Announces Timing of Fourth Quarter 2024 Earnings Release and Webcast
Southfield, Michigan, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we e...

Credit Acceptance Announces Completion of $300.0 Million Asset-Backed Financing
Southfield, Michigan, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $300...

Credit Acceptance Celebrates its 10th Year as a Best Place to Work in IT by Computerworld
Southfield, Michigan, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the...

Credit Acceptance Announces Increase and Extension of Revolving Secured Warehouse Facility
Southfield, Michigan, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we h...

Credit Acceptance Named a 2024 Top Workplace in Michigan by the Detroit Free Press
Southfield, Michigan, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a winner o...

Credit Acceptance Corporation (CACC) Q3 2024 Earnings Call Transcript
Credit Acceptance Corporation (NASDAQ:CACC) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET Company Participants Jay Martin - CFO Ken Booth - CEO Conference Call Participants Moshe Oren...

Credit Acceptance Announces Third Quarter 2024 Results
Southfield, Michigan, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolida...

Credit Acceptance Announces Timing of Third Quarter 2024 Earnings Release and Webcast
Southfield, Michigan, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we e...

Credit Acceptance Named a Top Workplace for Remote Work by Monster
Southfield, Michigan, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named to the 202...

Credit Acceptance Named One of America's Top 200 Most Loved Workplaces® by Newsweek
Southfield, Michigan, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named to Newswee...

Credit Acceptance Announces Completion of $600.0 Million Asset-Backed Financing
Southfield, Michigan, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $60...

Credit Acceptance Announces Increase and Extension of Revolving Secured Warehouse Facility and Extension of $500.0 Million Asset-Backed Financing
Southfield, Michigan , Sept. 19, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we...