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Credit Acceptance (CACC) Company Overview

Profile

Full Name:

Credit Acceptance Corporation

Country:

United States

IPO:

June 5, 1992

Indexes:

Not included

Description:

Credit Acceptance Corporation is a financial company that provides subprime auto loans and other related financial products in the USA. The company was founded by Donald Foss in 1972, being one of the largest used car dealers at the time. The headquarters is located in Southfield, Michigan. The company has two financing programs. Under the first one, Credit Acceptance advances money to dealers in exchange for the right to service the corresponding consumer loans. Under the other program, they purchase consumer loans from dealers and retain all amounts received from consumers. The main revenue comes from finance charges for servicing loans, commissions for additional services, and a monthly subscription fee.

Key Details

Price

$493.91

Annual Revenue

$2.13 B(+13.54% YoY)

Annual EPS

$19.88(-9.60% YoY)

Beta

1.20

Events Calendar

Earnings

Next earnings date:

Apr 30, 2025

Recent quarterly earnings:

Jan 30, 2025

Recent annual earnings:

Jan 30, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Dec 21, 1994

Analyst ratings

Recent major analysts updates

Jan 31, 25 Stephens & Co.
Equal-Weight
Nov 1, 24 TD Cowen
Sell
Aug 1, 24 TD Cowen
Sell
May 2, 24 TD Cowen
Sell
Nov 1, 23 TD Cowen
Underperform
Oct 31, 23 Stephens & Co.
Equal-Weight
Oct 31, 23 BMO Capital
Market Perform
May 2, 23 Stephens & Co.
Equal-Weight
May 2, 23 Credit Suisse
Underperform
Mar 9, 23 Stephens & Co.
Equal-Weight

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FAQ

  • What is the ticker symbol for Credit Acceptance?
  • Does Credit Acceptance pay dividends?
  • What sector is Credit Acceptance in?
  • What industry is Credit Acceptance in?
  • What country is Credit Acceptance based in?
  • When did Credit Acceptance go public?
  • Is Credit Acceptance in the S&P 500?
  • Is Credit Acceptance in the NASDAQ 100?
  • Is Credit Acceptance in the Dow Jones?
  • When was Credit Acceptance's last earnings report?
  • When does Credit Acceptance report earnings?
  • Should I buy Credit Acceptance stock now?

What is the ticker symbol for Credit Acceptance?

The ticker symbol for Credit Acceptance is NASDAQ:CACC

Does Credit Acceptance pay dividends?

No, Credit Acceptance does not pay dividends

What sector is Credit Acceptance in?

Credit Acceptance is in the Financial Services sector

What industry is Credit Acceptance in?

Credit Acceptance is in the Credit Services industry

What country is Credit Acceptance based in?

Credit Acceptance is headquartered in United States

When did Credit Acceptance go public?

Credit Acceptance's initial public offering (IPO) was on June 5, 1992

Is Credit Acceptance in the S&P 500?

No, Credit Acceptance is not included in the S&P 500 index

Is Credit Acceptance in the NASDAQ 100?

No, Credit Acceptance is not included in the NASDAQ 100 index

Is Credit Acceptance in the Dow Jones?

No, Credit Acceptance is not included in the Dow Jones index

When was Credit Acceptance's last earnings report?

Credit Acceptance's most recent earnings report was on Jan 30, 2025

When does Credit Acceptance report earnings?

The next expected earnings date for Credit Acceptance is Apr 30, 2025

Should I buy Credit Acceptance stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions