Credit Acceptance Corporation (CACC)
Market Cap | 6.80B |
Revenue (ttm) | 1.84B |
Net Income (ttm) | 626.10M |
Shares Out | 12.92M |
EPS (ttm) | 44.16 |
PE Ratio | 11.91 |
Forward PE | 9.67 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 9,050 |
Open | 470.89 |
Previous Close | 526.08 |
Day's Range | 523.04 - 536.83 |
52-Week Range | 358.00 - 648.95 |
Beta | 1.34 |
Analysts | Sell |
Price Target | 425.34 (-19.58%) |
Earnings Date | Jan 31, 2023 |
About CACC
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 founde... [Read more]
Financial Performance
In 2021, CACC's revenue was $1.86 billion, an increase of 11.18% compared to the previous year's $1.67 billion. Earnings were $958.30 million, an increase of 127.62%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for CACC stock is "Sell." The 12-month stock price forecast is $425.34, which is a decrease of -19.58% from the latest price.
News

CACC INVESTIGATION: Hagens Berman Encourages Credit Acceptance Corporation (CACC) Investors with Significant Losses to Contact Firm's Attorneys, Firm Investigating Possible Securities Law Violations
San Francisco, California--(Newsfile Corp. - February 1, 2023) - Hagens Berman urges Credit Acceptance Corporation (NASDAQ: CACC) investors who suffered significant losses to submit your losses now. V...

Credit Acceptance (CACC) Gains as Q4 Earnings Beat Estimates
Credit Acceptance (CACC) records a decline in GAAP revenues in the fourth quarter of 2022.

Credit Acceptance (CACC) Surpasses Q4 Earnings and Revenue Estimates
Credit Acceptance (CACC) delivered earnings and revenue surprises of 24.25% and 5.18%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Credit Acceptance Announces Fourth Quarter and Full Year 2022 Results
Southfield, Michigan, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolida...

ROSEN, TOP RANKED INVESTOR COUNSEL, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACC
NEW YORK , Jan. 31, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Credit Accepta...

Credit Acceptance Investor Alert
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Credit Acceptance To Contact Him Directly To Discuss Their OptionsNew York, New York--(N...

Credit Acceptance Shareholder Action Reminder
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Credit Acceptance To Contact Him Directly To Discuss Their OptionsNew York, New York--(N...

Credit Acceptance Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Webcast
Southfield, Michigan , Jan. 24, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we ...

Strength Seen in Credit Acceptance (CACC): Can Its 8.8% Jump Turn into More Strength?
Credit Acceptance (CACC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price incr...

CREDIT ACCEPTANCE INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Credit Acceptance To Contact Him Directly To Discuss Their Options
NEW YORK , Jan. 23, 2023 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Credit Acceptance Corp. ("Credit Acceptance" or the "Co...

CACC LOSS ALERT: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACC
NEW YORK , Jan. 23, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Credit Acceptan...

Credit Acceptance (CACC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Credit Acceptance (CACC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Acceptance Corporation (CACC) Investors with Significant Losses to Contact Firm's Attorneys, Firm Investigating Possible Securities Law Violations
San Francisco, California--(Newsfile Corp. - January 20, 2023) - Hagens Berman urges Credit Acceptance Corporation (NASDAQ: CACC) investors who suffered significant losses to submit your losses now. V...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Credit Acceptance Corporation - CACC
NEW YORK , Jan. 19, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Credit Acceptance Corporation ("CAC" or the "Company") (NASDAQ: CACC). Such investors are adv...

Credit Acceptance Corp. Investigated by Block & Leviton For Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm
Boston, Massachusetts--(Newsfile Corp. - January 17, 2023) - Block & Leviton is investigating Credit Acceptance Corp. (NASDAQ: CACC) for potential securities law violations. Investors who have lost mo...

CACC INVESTOR NOTICE: ROSEN, A LEADING NATIONAL FIRM, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACC
NEW YORK , Jan. 16, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Credit Acceptan...

CACC EQUITY NOTICE: ROSEN, LEADING INVESTOR COUNSEL, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACC
New York, New York--(Newsfile Corp. - January 12, 2023) - WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders o...

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Credit Acceptance Corporation and Encourages Investors with Losses to Contact the Firm
Los Angeles, California--(Newsfile Corp. - January 12, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of C...

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Credit Acceptance Corporation and Encourages Investors with Losses to Contact the Firm
Los Angeles, California--(Newsfile Corp. - January 11, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of C...

Credit Acceptance Named One of the Best and Brightest Companies to Work For® in the Nation
Southfield, Michigan, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq : CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) was recently named one o...

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Credit Acceptance Corp.'s Directors and Officers for Breach of Fiduciary Duties – CACC
NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers ...

ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Credit Acceptance Corporation and Encourages Investors with Losses to Contact the Firm
Los Angeles, California--(Newsfile Corp. - January 10, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of C...

CACC INVESTOR NOTICE: ROSEN, A TOP RANKED LAW FIRM, Encourages Credit Acceptance Corporation Investors to Inquire About Securities Class Action Investigation - CACC
NEW YORK , Jan. 9, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Credit Acceptanc...

CACC ALERT: Hagens Berman, National Trial Attorneys, Encourages Credit Acceptance Corporation (CACC) Investors with Significant Losses to Contact Firm's Attorneys, NY AG Sues Company, Firm Investigating Possible Securities Law Violations
San Francisco, California--(Newsfile Corp. - January 9, 2023) - Hagens Berman urges Credit Acceptance Corporation (NASDAQ: CACC) investors who suffered significant losses to submit your losses now.Vis...

ONGOING INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Credit Acceptance Corporation and Encourages Investors with Losses to Contact the Firm
Los Angeles, California--(Newsfile Corp. - January 9, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cr...