Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Credit Acceptance Corp Market Cap
The Credit Acceptance Corp (CACC) share price is expected to decrease by 7.18% over the next year. This is based on calculating the average 12-month share price estimate provided by 3 stock analysts who have covered CACC. Price targets range from $440.00 at the low end to $550.00 at the high end. The current analyst consensus for CACC is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
About 3 Wall Street analysts have assigned CACC 0 buy ratings, 2 hold ratings, and 1 sell ratings. This means that analysts expect Credit Acceptance Corp to generate similar returns as the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CACC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| john hecht Jefferies | Hold | $540.0 | maintained | Feb 1, 2024 |
| vincent caintic Stephens | Hold | $550.0 | maintained | Feb 1, 2024 |
| moshe orenbuch TD Cowen | Sell | $440.0 | maintained | Jan 31, 2024 |
| james fotheringham BMO Capital | Hold | None | rated | Nov 17, 2023 |
| david scharf JMP Securities | Hold | None | rated | Apr 22, 2022 |
| john rowan Janney Montgomery | Hold | $394.0 | upgraded | Jul 31, 2020 |
| giuliano bologna Compass Point | Sell | $160.0 | reiterated | May 26, 2020 |
| dominick gabriele Oppenheimer | Hold | None | rated | Apr 17, 2020 |
| hugh miller Buckingham | Hold | $408.0 | maintained | Nov 4, 2019 |
| jack micenko Susquehanna | Hold | $421.0 | reiterated | Oct 29, 2018 |
| michael tarkan Compass Point | Hold | $380.0 | upgraded | Aug 1, 2018 |
| ben chittenden Oppenheimer | Buy | $400.0 | rated | Jul 31, 2018 |
| robert dodd Raymond James | Hold | None | reiterated | Jun 6, 2018 |
| lana chan BMO Capital | Hold | $186.0 | reiterated | Jul 31, 2016 |
| jason stewart JonesTrading | Sell | $140.0 | reiterated | Apr 30, 2015 |
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 automobile dealers. Credit Acceptance Corporation was incorporated in 1972 and is headquartered in Southfield, Michigan.
When did it IPO
1992
Staff Count
2,232
Country
United States
Sector/Industry
Financial Services/Credit Services
CEO
Mr. Kenneth S. Booth
Market Cap
$6.75B
In 2023, CACC generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CACC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
$11.27
PPC-USD
$28.55
MAT-USD
$19.25
NFE-USD
$32.56
ENSG-USD
$122.93
AGNC-USD
$9.45
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