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Credit Acceptance NasdaqGS:CACC Stock Report

Last Price

US$493.79

Market Cap

US$6.0b

7D

-4.7%

1Y

11.3%

Updated

20 May, 2024

Data

Company Financials +

Credit Acceptance Corporation

NasdaqGS:CACC Stock Report

Market Cap: US$6.0b

CACC Stock Overview

Engages in the provision of financing programs, and related products and services in the United States.

CACC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance1/6
Financial Health3/6
Dividends0/6

Credit Acceptance Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Credit Acceptance
Historical stock prices
Current Share PriceUS$493.79
52 Week HighUS$616.66
52 Week LowUS$379.77
Beta1.45
1 Month Change-7.79%
3 Month Change-10.27%
1 Year Change11.25%
3 Year Change13.02%
5 Year Change4.39%
Change since IPO18,132.47%

Recent News & Updates

Credit Acceptance Corporation's (NASDAQ:CACC) Earnings Haven't Escaped The Attention Of Investors

Apr 10
Credit Acceptance Corporation's (NASDAQ:CACC) Earnings Haven't Escaped The Attention Of Investors

Recent updates

Credit Acceptance Corporation's (NASDAQ:CACC) Earnings Haven't Escaped The Attention Of Investors

Apr 10
Credit Acceptance Corporation's (NASDAQ:CACC) Earnings Haven't Escaped The Attention Of Investors

Credit Acceptance: Back At Expensive Levels While Facing The Same Concerns

Feb 26

What You Can Learn From Credit Acceptance Corporation's (NASDAQ:CACC) P/E

Dec 23
What You Can Learn From Credit Acceptance Corporation's (NASDAQ:CACC) P/E

Argentine lenders take the lead in week's financial winners, while Chinese fintechs dip

Sep 10

Credit Acceptance: Best Near-Term Capital-Gain Portfolio Wealth-Builder

Sep 02

Credit Acceptance extends $500M asset-backed financing

Aug 12

Here's Why We Think Credit Acceptance (NASDAQ:CACC) Is Well Worth Watching

Jul 17
Here's Why We Think Credit Acceptance (NASDAQ:CACC) Is Well Worth Watching

Here's Why I Think Credit Acceptance (NASDAQ:CACC) Might Deserve Your Attention Today

Apr 17
Here's Why I Think Credit Acceptance (NASDAQ:CACC) Might Deserve Your Attention Today

Should You Be Adding Credit Acceptance (NASDAQ:CACC) To Your Watchlist Today?

Jan 11
Should You Be Adding Credit Acceptance (NASDAQ:CACC) To Your Watchlist Today?

I Ran A Stock Scan For Earnings Growth And Credit Acceptance (NASDAQ:CACC) Passed With Ease

Sep 30
I Ran A Stock Scan For Earnings Growth And Credit Acceptance (NASDAQ:CACC) Passed With Ease

Credit Acceptance Should Take A Breather

Sep 14

Have Credit Acceptance Corporation (NASDAQ:CACC) Insiders Been Selling Their Stock?

Mar 15
Have Credit Acceptance Corporation (NASDAQ:CACC) Insiders Been Selling Their Stock?

Credit Acceptance (NASDAQ:CACC) Shareholders Booked A 86% Gain In The Last Five Years

Feb 24
Credit Acceptance (NASDAQ:CACC) Shareholders Booked A 86% Gain In The Last Five Years

Credit Acceptance EPS beats by $3.31, beats on revenue

Feb 01

Credit Acceptance completes $100M asset-backed financing

Jan 29

Have Insiders Been Selling Credit Acceptance Corporation (NASDAQ:CACC) Shares This Year?

Jan 03
Have Insiders Been Selling Credit Acceptance Corporation (NASDAQ:CACC) Shares This Year?

Would Shareholders Who Purchased Credit Acceptance's (NASDAQ:CACC) Stock Year Be Happy With The Share price Today?

Nov 26
Would Shareholders Who Purchased Credit Acceptance's (NASDAQ:CACC) Stock Year Be Happy With The Share price Today?

CACC: 2020 Loan Performance

Nov 02

Shareholder Returns

CACCUS Consumer FinanceUS Market
7D-4.7%0.05%1.7%
1Y11.3%42.0%26.0%

Return vs Industry: CACC underperformed the US Consumer Finance industry which returned 43% over the past year.

Return vs Market: CACC underperformed the US Market which returned 26.1% over the past year.

Price Volatility

Is CACC's price volatile compared to industry and market?
CACC volatility
CACC Average Weekly Movement3.8%
Consumer Finance Industry Average Movement5.7%
Market Average Movement5.9%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market2.8%

Stable Share Price: CACC has not had significant price volatility in the past 3 months.

Volatility Over Time: CACC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19722,232Ken Boothwww.creditacceptance.com

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.

Credit Acceptance Corporation Fundamentals Summary

How do Credit Acceptance's earnings and revenue compare to its market cap?
CACC fundamental statistics
Market capUS$6.02b
Earnings (TTM)US$250.90m
Revenue (TTM)US$866.70m

23.8x

P/E Ratio

6.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CACC income statement (TTM)
RevenueUS$866.70m
Cost of RevenueUS$69.80m
Gross ProfitUS$796.90m
Other ExpensesUS$546.00m
EarningsUS$250.90m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)20.72
Gross Margin91.95%
Net Profit Margin28.95%
Debt/Equity Ratio339.6%

How did CACC perform over the long term?

See historical performance and comparison
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