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Credit Acceptance Corporation (CACC)

Stock Price: $298.34 USD -9.37 (-3.05%)
Updated November 25, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 5.27B
Revenue (ttm) 1.61B
Net Income (ttm) 416.60M
Shares Out 17.65M
EPS (ttm) 22.84
PE Ratio 13.06
Forward PE 10.49
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day November 25
Last Price $298.34
Previous Close $307.71
Change ($) -9.37
Change (%) -3.05%
Day's Open 306.95
Day's Range 297.10 - 306.95
Day's Volume 110,283
52-Week Range 199.00 - 539.00

More Stats

Market Cap 5.27B
Enterprise Value 9.48B
Earnings Date (est) Feb 4, 2021
Ex-Dividend Date n/a
Shares Outstanding 17.65M
Float 13.24M
EPS (basic) 22.99
EPS (diluted) 22.84
FCF / Share 54.72
Dividend n/a
Dividend Yield n/a
Earnings Yield 7.66%
FCF Yield 18.54%
Payout Ratio n/a
Shares Short 2.46M
Short Ratio 10.80
Short % of Float 18.56%
Beta 1.28
PE Ratio 13.06
Forward PE 10.49
P/FCF Ratio 5.39
PS Ratio 3.27
PB Ratio 2.24
Revenue 1.61B
Operating Income 755.70M
Net Income 416.60M
Free Cash Flow 976.40M
Net Cash -4.22B
Net Cash / Share -239.02
Gross Margin 129.17%
Operating Margin 47.00%
Profit Margin 25.90%
FCF Margin 60.73%
ROA 5.75%
ROE 17.76%
ROIC 6.40%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (6)

Buy 0
Overweight 0
Hold 4
Underweight 0
Sell 2

Analyst Consensus: Hold

Price Target

$297.33*
(-0.34% downside)
Low
235
Current: $298.34
High
351
Target: 297.33
*Average 12-month price target from 6 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,4891,2861,110969825724682609525442
Revenue Growth15.8%15.84%14.53%17.44%14.07%6.07%11.97%15.99%18.8%-
Gross Profit1,4891,2861,110969825724682609525442
Operating Income1,054912704629551499463407354301
Net Income656574470333300266253220188170
Shares Outstanding18.9019.4519.5020.3320.8922.2623.8525.4126.3029.39
Earnings Per Share34.5729.3924.0416.3114.2811.9210.548.587.075.67
EPS Growth17.63%22.25%47.39%14.22%19.8%13.09%22.84%21.36%24.69%-
Operating Cash Flow812704566507404365326309276201
Capital Expenditures-26.80-25.10-8.40-5.50-4.00-4.30-5.60-8.80-6.30-3.50
Free Cash Flow786679558502400361320300269197
Cash & Equivalents51832926423917416411610110970.33
Total Debt4,5393,8213,0712,6042,0681,7531,3921,251998686
Net Cash / Debt-4,021-3,492-2,807-2,364-1,894-1,589-1,277-1,149-889-615
Assets7,4236,2374,9864,2183,3732,7852,4332,1331,7591,344
Liabilities5,0684,2473,4503,0442,4452,0831,6831,5111,219869
Book Value2,3551,9911,5361,174928702750622540474
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Credit Acceptance Corporation
Country United States
Employees 2,016
CEO Brett A. Roberts

Stock Information

Ticker Symbol CACC
Stock Exchange NASDAQ
Sector Financial Services
Industry Credit Services
Unique Identifier NASDAQ: CACC
IPO Date June 5, 1992

Description

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 founded in 1972 and is headquartered in Southfield, Michigan.