Credit Acceptance Corporation (CACC)

Market Cap	6.49B
Revenue (ttm)	1.90B
Net Income (ttm)	286.10M
Shares Out	12.30M
EPS (ttm)	21.99
PE Ratio	23.93
Forward PE	13.91
Dividend	n/a
Ex-Dividend Date	n/a

Volume	2,458
Open	525.41
Previous Close	515.52
Day's Range	519.95 - 526.26
52-Week Range	379.77 - 616.66
Beta	1.45
Analysts	Hold
Price Target	393.50 (-24.93%)
Earnings Date	Apr 30, 2024

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 ...

• Industry: Credit Services
• Sector: Financials
• IPO Date: Jun 5, 1992
• Employees: 2,232
• Stock Exchange: NASDAQ
• Ticker Symbol: CACC

Financial Performance

In 2023, CACC's revenue was $1.90 billion, an increase of 3.79% compared to the previous year's $1.83 billion. Earnings were $286.10 million, a decrease of -46.60%.

Analyst Forecast

According to 3 analysts, the average rating for CACC stock is "Hold." The 12-month stock price forecast is $393.5, which is a decrease of -24.93% from the latest price.

Price Target

$393.5

(-24.93% downside)

Analyst Consensus: Hold