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...

• Industry: Credit Services
• Sector: Financials
• IPO Date: Jun 5, 1992
• Employees: 2,073
• Stock Exchange: NASDAQ
• Ticker Symbol: CACC

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%.

Analyst 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.

Price Target

$425.34

(-19.58% downside)

Analyst Consensus: Sell