Credit Acceptance Corporation

CACC

US2253101016

Consumer Lending

Real-time Estimate Cboe BZX Other stock markets 11:26:47 2024-07-16 am EDT			5-day change	1st Jan Change
604.5 ^USD	+3.35%		+15.23%	+13.33%

Jul. 01	Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell Midcap Growth Index	CI
Jul. 01	Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 3000 Growth Index	CI

Tranche Update on Credit Acceptance Corporation's Equity Buyback Plan announced on October 1, 2021.

January 31, 2023 at 04:03 pm EST

From October 1, 2022 to December 31, 2022, the company has repurchased 207,769 shares, representing 1.61% for $94.68 million. With this, the company has completed the repurchase of 1,841,931 shares, representing 13% for $1,010.99 million under the buyback announced on October 1, 2021.

Latest news about Credit Acceptance Corporation

Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell Midcap Growth Index	Jun. 30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 3000 Growth Index	Jun. 30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 3000E Growth Index	Jun. 30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 2500 Growth Index	Jun. 30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell Small Cap Comp Growth Index	Jun. 30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 1000 Growth Index	Jun. 30	CI
Credit Acceptance Increases, Extends Asset-Backed Financing	Jun. 21	MT
Credit Acceptance Extends Revolving Secured Line of Credit Facility	Jun. 17	MT
Credit Acceptance Announces Extension of Revolving Secured Line of Credit Facility	Jun. 17	CI
Credit Acceptance Q1 Adjusted Earnings Fall, Revenue Rises	Apr. 30	MT
Transcript : Credit Acceptance Corporation, Q1 2024 Earnings Call, Apr 30, 2024	Apr. 30
Earnings Flash (CACC) CREDIT ACCEPTANCE CORPORATION Posts Q1 Revenue $508M, vs. Street Est of $497.7M	Apr. 30	MT
Earnings Flash (CACC) CREDIT ACCEPTANCE CORPORATION Reports Q1 EPS $9.28, vs. Street Est of $9.13	Apr. 30	MT
Tranche Update on Credit Acceptance Corporation's Equity Buyback Plan announced on August 24, 2023.	Apr. 30	CI
Credit Acceptance Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 30	CI
Credit Acceptance Insider Sold Shares Worth $1,431,450, According to a Recent SEC Filing	Mar. 25	MT
Credit Acceptance Insider Sold Shares Worth $6,927,701, According to a Recent SEC Filing	Mar. 04	MT
Credit Acceptance Extends $100 Million Financing Through February 2026	Feb. 16	MT
Credit Acceptance Corporation Announces Extension of $100.0 Million Asset-Backed Financing	Feb. 16	CI
Credit Acceptance Insider Sold Shares Worth $289,990, According to a Recent SEC Filing	Feb. 06	MT
Credit Acceptance Insider Sold Shares Worth $2,854,124, According to a Recent SEC Filing	Feb. 06	MT
Transcript : Credit Acceptance Corporation, Q4 2023 Earnings Call, Jan 31, 2024	Jan. 31
Credit Acceptance Q4 Adjusted Earnings Decline While Revenue Increases	Jan. 31	MT
Earnings Flash (CACC) CREDIT ACCEPTANCE CORPORATION Posts Q4 EPS $10.06, vs. Street Est of $7.34	Jan. 31	MT
Earnings Flash (CACC) CREDIT ACCEPTANCE CORPORATION Reports Q4 Revenue $491.6M, vs. Street Est of $489.5M	Jan. 31	MT

Chart Credit Acceptance Corporation

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Company Profile

Credit Acceptance Corporation is engaged in offering that enable automobile dealers to sell vehicles to consumers. The Companyâs financing programs are offered through a nationwide network of automobile dealers. Its loan portfolio consists of two portfolio segments: dealer loans and purchased loans. The Company offers two programs: the Portfolio Program and the Purchase Program. Under the Portfolio Program, the Company advances money to dealers in exchange for the right to service the underlying consumer loans. Under the Purchase Program, the Company buys the consumer loans from the dealers and keeps all amounts collected from the consumer. Its target market consists of approximately 60,000 independent and franchised automobile dealers in the United States. The Company has market area managers located throughout the United States that market its programs to dealers, enroll new dealers, and support active dealers.

Sector

Consumer Lending

Calendar

2024-07-29 - Q2 2024 Earnings Release (Projected)

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Ratings for Credit Acceptance Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

585 USD

Average target price

476.3 USD

Spread / Average Target

-18.57%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

Sector Consumer Leasing

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UPSTART HOLDINGS, INC.	-25.31%	2.63B
LATITUDE GROUP HOLDINGS LIMITED	-0.43%	810M
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HAITONG UNITRUST INTERNATIONAL FINANCIAL LEASING CO.,LTD.	-17.07%	707M
ESCAR FILO KIRALAMA HIZMETLERI	+130.14%	581M
ATLANTICUS HOLDINGS CORPORATION	-9.49%	498M

Consumer Leasing

Credit Acceptance Corporation

Equities

CACC

US2253101016

Consumer Lending

Tranche Update on Credit Acceptance Corporation's Equity Buyback Plan announced on October 1, 2021.

EPS Revisions