Credit Acceptance Corporation (CACC)
| Market Cap | 7.02B |
| Revenue (ttm) | 1.73B |
| Net Income (ttm) | 706.90M |
| Shares Out | 16.40M |
| EPS (ttm) | 40.02 |
| PE Ratio | 10.73 |
| Forward PE | 11.66 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | June 16 |
| Last Price | $429.27 |
| Previous Close | $427.36 |
| Change ($) | 1.91 |
| Change (%) | 0.45% |
| Day's Open | 425.96 |
| Day's Range | 422.23 - 431.76 |
| Day's Volume | 4,753 |
| 52-Week Range | 266.74 - 539.00 |
Top 3 Stocks to Buy From the Prospering Consumer Loan Industry
Credit Acceptance (CACC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near t...
Credit Acceptance (CACC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Glenn Greenberg (Trades, Portfolio)'s Brave Warrior Advisors recently disclosed its portfolio updates for the first quarter of 2021, which ended on March 31.
Southfield, Michigan, May 20, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $450.0 ...
Southfield, Michigan, May 18, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been awarded a 2021 Top ...
It has been more than half a year since I last published here. First of all, thanks for all the emails and messages during my "absence.
Credit Acceptance (CACC) witnesses a rise in revenues and higher expenses in the first quarter of 2021.
Credit Acceptance (CACC) delivered earnings and revenue surprises of 40.05% and 5.40%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of Credit Acceptance (NASDAQ:CACC) fell in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 0.21% year over year to $9.64, which beat the esti...
Southfield, Michigan, April 29, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidat...
Southfield, Michigan, April 29, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced that Brett...
Southfield, Michigan, April 23, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we ex...
Government stimulus can't hold off reality for these borrowers forever.
Southfield, Michigan, March 29, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has earned an award based ...
Credit Acceptance's (CACC) revenues will likely continue to improve, supported by the decent rise in dealer enrollments and active dealers.
Strong fundamentals make Credit Acceptance (CACC) stock an attractive investment option now.
NEW YORK, March 24, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Credit Acceptance Corporation ("Credit Acceptance" or the "Company") (NASDAQ: CACC). Such invest...
NEW YORK, March 18, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Credit Acceptance Corporation ("Credit Acceptance" or the "Company") (NASDAQ: CACC). Such inv...
Credit Acceptance (CACC) reported earnings 30 days ago. What's next for the stock?
Ruane Cunniff (Trades, Portfolio), the firm founded by the late William Ruane, disclosed last week that its top four trades during the fourth quarter of 2020 included a new position in Netflix Inc. (NAS...
Southfield, Michigan, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $500.0...
Top 5 Stocks to Buy From a Rebounding Consumer Loan Industry
Credit Acceptance (CACC) possesses solid growth attributes, which could help it handily outperform the market.
Credit Acceptance (CACC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Southfield, Michigan, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we ext...
Southfield, Michigan, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2021 Top W...
Improvement in revenues and a rise in loan balance support Credit Acceptance's (CACC) Q4 earnings, while provisions increase.
Credit Acceptance Corporation (CACC) CEO Brett Roberts on Q4 2020 Results - Earnings Call Transcript
Credit Acceptance Corporation (CACC) CEO Brett Roberts on Q4 2020 Results - Earnings Call Transcript
Credit Acceptance (CACC) delivered earnings and revenue surprises of 12.80% and 2.58%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Southfield, Michigan, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidate...
Southfield, Michigan, Jan. 29, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $100.0...
Credit Acceptance Announces Timing of Fourth Quarter and Full Year 2020 Earnings Release and Webcast
Southfield, Michigan, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we exp...
Credit Acceptance Is Undervalued
According to the GuruFocus discounted cash flow calculator as of Jan. 15, the following companies have a high margin of safety and have grown their margins over a 10-year period.
Southfield, Michigan, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced that on December ...
Southfield, Michigan, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a Fall 2020 ...
Southfield, Michigan, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the B...
Forget undervalued stocks, play these top-ranked stocks with rising P/E.
New York, New York--(Newsfile Corp. - December 1, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of C...
Los Angeles, California--(Newsfile Corp. - December 1, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Credit Acceptanc...
New York, New York--(Newsfile Corp. - December 1, 2020) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Credit Acceptance Corporation (NASDAQ: CA...
LOS ANGELES--(BUSINESS WIRE)---- $CACC #classaction--The Law Offices of Frank R. Cruz reminds investors of the upcoming December 1, 2020 deadline to file a lead plaintiff motion in the class action file...
Los Angeles, California--(Newsfile Corp. - November 30, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Credit Accepta...
New York, New York--(Newsfile Corp. - November 28, 2020) - Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Credit Acceptance Corporation (NASDAQ: CACC) between...
Los Angeles, California--(Newsfile Corp. - November 27, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Credit Acceptan...
Los Angeles, California--(Newsfile Corp. - November 26, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Credit Accepta...
Los Angeles, California--(Newsfile Corp. - November 25, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Credit Accepta...
NEW YORK, Nov. 24, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Credit Acceptance Corporation (NASDAQ: CACC) between November 1, 2019 a...
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. Credit Acceptance Corp... [Read more...]
| Industry Credit Services | IPO Date Jun 5, 1992 |
| Stock Exchange NASDAQ | Ticker Symbol CACC |
Financial Performance
In 2020, CACC's revenue was $1.67 billion, an increase of 12.11% compared to the previous year's $1.49 billion. Earnings were $421.00 million, a decrease of -35.83%.
Analyst Forecasts
According to 6 analysts, the average rating for CACC stock is "Hold." The 12-month stock price forecast is 367.33, which is a decrease of -14.43% from the latest price.