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CACC

CACC - Credit Acceptance Corp Stock Price, Fair Value and News

547.73USD-6.78 (-1.22%)Market Closed

Market Summary

CACC
USD547.73-6.78
Market Closed
-1.22%

CACC Alerts

  • 2 major insider sales recently.

CACC Stock Price

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CACC RSI Chart

CACC Valuation

Market Cap

6.7B

Price/Earnings (Trailing)

23.55

Price/Sales (Trailing)

3.54

EV/EBITDA

10.46

Price/Free Cashflow

5.62

CACC Price/Sales (Trailing)

CACC Profitability

EBT Margin

19.33%

Return on Equity

16.31%

Return on Assets

3.76%

Free Cashflow Yield

17.8%

CACC Fundamentals

CACC Revenue

Revenue (TTM)

1.9B

Rev. Growth (Yr)

7.1%

Rev. Growth (Qtr)

2.72%

CACC Earnings

Earnings (TTM)

286.1M

Earnings Growth (Yr)

-26.47%

Earnings Growth (Qtr)

32.2%

Breaking Down CACC Revenue

Last 7 days

-1.6%

Last 30 days

-0.2%

Last 90 days

5.1%

Trailing 12 Months

14.5%

How does CACC drawdown profile look like?

CACC Financial Health

CACC Investor Care

Buy Backs (1Y)

4.13%

Diluted EPS (TTM)

21.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.8B1.9B1.9B1.9B
20221.9B1.8B1.8B1.8B
20211.7B1.8B1.8B1.9B
20201.5B1.6B1.6B1.7B
20191.3B1.4B1.4B1.5B
20181.1B1.2B1.2B1.3B
20171.0B1.0B1.1B1.1B
2016859.0M894.4M930.8M969.2M
2015740.8M764.1M792.6M825.3M
2014694.3M704.7M713.7M723.5M
2013631.5M649.1M666.1M682.1M
2012544.1M565.9M587.9M609.2M
2011462.3M480.6M502.6M525.2M
20100401.1M421.6M442.1M
2009000380.7M
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Very Expensive Stocks: $8,224


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Tracking the Latest Insider Buys and Sells of Credit Acceptance Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 21, 2024
busk douglas w
sold
-1,431,450
572
-2,500
chief treasury officer
Mar 21, 2024
busk douglas w
acquired
834,850
333
2,500
chief treasury officer
Mar 15, 2024
lum jonathan
acquired
834,850
333
2,500
chief operating officer
Mar 15, 2024
lum jonathan
sold
-1,374,230
549
-2,500
chief operating officer
Mar 01, 2024
smith arthur l
sold
-4,832,540
554
-8,723
chief analytics officer
Mar 01, 2024
smith arthur l
acquired
2,912,960
333
8,723
chief analytics officer
Feb 29, 2024
smith arthur l
sold
-2,095,160
554
-3,777
chief analytics officer
Feb 29, 2024
smith arthur l
acquired
1,261,290
333
3,777
chief analytics officer
Feb 02, 2024
rummler wendy a
sold
-872,816
581
-1,500
chief people officer
Feb 02, 2024
busk douglas w
sold
-289,990
579
-500
chief treasury officer

1–10 of 50

Which funds bought or sold CACC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
AdvisorNet Financial, Inc
unchanged
-
1,882
55,155
-%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
new
-
1,103
1,103
-%
Apr 09, 2024
MATHER GROUP, LLC.
new
-
533
533
-%
Apr 05, 2024
CWM, LLC
added
600
63,000
73,000
-%
Apr 05, 2024
Davis Capital Management
unchanged
-
141
6,534
0.01%
Apr 05, 2024
GAMMA Investing LLC
added
2.56
960
22,062
-%
Apr 03, 2024
Versant Capital Management, Inc
unchanged
-
150
4,412
-%
Mar 26, 2024
Fairman Group, LLC
new
-
1,598
1,598
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-5.62
50,858
599,321
-%
Mar 11, 2024
VANGUARD GROUP INC
reduced
-15.81
-6,846,790
264,698,000
0.01%

1–10 of 44

Are Funds Buying or Selling CACC?

Are funds buying CACC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CACC
No. of Funds

Unveiling Credit Acceptance Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 25, 2024
watson jill foss
6.6%
810,345
SC 13D/A
Mar 22, 2024
donald a. foss 2009 annuity trust
6.6%
813,854
SC 13D/A
Feb 14, 2024
ruane, cunniff & goldfarb l.p.
5.95%
747,356
SC 13G/A
Feb 14, 2024
watson jill foss
7.1%
874,059
SC 13D/A
Sep 21, 2023
neary john p
9.0%
1,152,797
SC 13G
Sep 21, 2023
neary john p
0.0%
0
SC 13G/A
Sep 21, 2023
donald a. foss 2009 annuity trust
7.3%
931,323
SC 13D/A
Feb 14, 2023
ruane, cunniff & goldfarb l.p.
6.18%
798,731
SC 13G/A
Feb 09, 2023
vanguard group inc
4.55%
588,413
SC 13G/A
Feb 06, 2023
wellington management group llp
4.96%
641,379
SC 13G/A

Recent SEC filings of Credit Acceptance Corp

View All Filings
Date Filed Form Type Document
Apr 03, 2024
8-K
Current Report
Apr 03, 2024
8-K
Current Report
Mar 25, 2024
4
Insider Trading
Mar 25, 2024
SC 13D/A
13D - Major Acquisition
Mar 22, 2024
SC 13D/A
13D - Major Acquisition
Mar 21, 2024
144
Notice of Insider Sale Intent
Mar 19, 2024
4
Insider Trading
Mar 15, 2024
144
Notice of Insider Sale Intent
Mar 08, 2024
ABS-15G
ABS-15G
Mar 04, 2024
4
Insider Trading

Peers (Alternatives to Credit Acceptance Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
434.1B
25.1B
-3.36% 23.48%
38.78
17.3
12.87% 12.74%
158.1B
60.5B
-0.05% 33.78%
18.88
2.61
14.48% 11.45%
68.0B
29.8B
1.02% -17.04%
16.03
2.29
8.19% 75.53%
52.9B
41.9B
2.69% 44.12%
10.72
1.26
34.26% 32.87%
30.4B
17.8B
0.83% 19.84%
10.28
1.7
38.72% -32.51%
11.1B
14.0B
-2.74% 36.33%
10.9
0.8
31.42% -40.49%
MID-CAP
6.7B
1.9B
-0.23% 14.48%
23.55
3.54
3.79% -46.60%
5.9B
3.2B
10.47% 36.48%
26.97
1.88
15.50% -13.49%
4.4B
4.4B
-4.82% 15.69%
7.01
1.01
-2.65% -31.25%
3.5B
1.1B
6.84% 3.19%
38.39
3.17
8.54% -77.53%
SMALL-CAP
1.7B
2.1B
-1.00% 28.78%
9.52
0.79
21.98% -15.57%
383.6M
1.2B
-12.82% -8.34%
3.73
0.33
10.41% -24.15%
190.0M
352.0M
11.40% -6.35%
4.19
0.54
6.77% -47.27%
7.3M
7.3M
-24.75% -11.83%
-1.88
1
-51.06% -195.09%
3.7M
853.2M
-40.00% -94.94%
-0.01
0
-15.13% -1364.54%

Credit Acceptance Corp News

Latest updates
Simply Wall St10 Apr 202405:23 pm

Credit Acceptance Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.7%492479478454459460457456463470472451447427406389386379371354343
Costs and Expenses-1.8%37538245032729633831517117913892.00187231108279502171160155148142
Operating Expenses3.4%114111117117104103117103-------------
  S&GA Expenses-7.6%21.0023.0026.0022.0018.0020.0019.0019.0017.0016.0015.0017.0016.0017.0018.0019.0017.0017.0018.0019.0016.00
EBITDA Margin-4.3%0.34*0.35*0.35*0.41*0.48*0.54*0.65*0.78*0.77*0.75*0.76*0.65*---------
Interest Expenses11.8%79.0071.0063.0054.0049.0042.0039.0037.0039.0040.0042.0044.0045.0047.0048.0052.0051.0050.0050.0045.0042.00
Income Taxes-11.3%23.0026.006.0027.0036.0035.0035.0070.0067.0082.0091.0062.0050.0076.0031.00-29.0053.0054.0051.0042.0049.00
Earnings Before Taxes20.6%11697.0028.00127163122142285285332380264216318128-112215219215206201
EBT Margin-12.8%0.19*0.22*0.24*0.30*0.39*0.45*0.57*0.69*0.68*0.65*0.66*0.54*---------
Net Income32.2%94.0071.0022.0010012787.0010721421825028920216624296.00-83.80162165164164152
Net Income Margin-12.1%0.15*0.17*0.18*0.23*0.29*0.34*0.43*0.52*0.52*0.49*0.50*0.41*---------
Free Cashflow-1.3%310314281296286325250374130267341324---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.9%7,6107,3977,2067,1556,9056,8926,9797,0387,0517,1997,8017,7077,4897,4227,3387,2607,4237,0716,9096,7506,237
    Cash Equivalents325.8%13.003.003.008.008.0011.004.0018.0023.0013.0038446.003969.009.0026.0051825.0020.0041.00329
  Net PPE-1.3%47.0047.0049.0050.0051.0052.0054.0057.0057.0058.0058.0058.0059.0061.0062.0062.0060.0059.0053.0043.0040.00
Liabilities2.8%5,8575,6965,4595,4325,2815,3035,4585,4105,2275,2455,4085,3375,1875,1135,2735,2945,0684,6884,6934,7014,247
Shareholder's Equity3.1%1,7541,7011,7471,7231,6241,5891,5201,6291,8241,9542,3932,3702,3032,3092,0651,9662,3552,3832,2152,0491,991
  Retained Earnings3.0%1,4761,4321,4881,4731,3811,3571,2961,4191,6271,7872,2412,2072,1392,1461,9041,8082,1972,2262,0611,8961,836
  Additional Paid-In Capital2.8%279271262252246236226212197166151162162160159158158156154152155
Shares Outstanding-0.3%13.0013.0013.0013.0013.0013.0013.0014.0016.0017.0017.0017.00---------
Float---3,237---3,077---3,074---4,143---4,959--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-0.7%311,200313,400282,700296,500286,800326,300249,500376,100131,100269,800343,300325,200202,200276,700275,000231,300204,300207,400170,900229,700202,900
  Share Based Compensation8.6%10,1009,3009,8009,9009,6008,7009,1009,10019,40015,200-10,9001,1001,5001,5001,4001,8001,9002,0001,5002,2002,500
Cashflow From Investing4.2%-344,900-359,900-367,800-344,200-121,500-172,700-147,900-18,500223,100192,600134,200-112,600-15,500-86,000-275,700-296,300-151,200-204,600-266,200-402,200-227,900
Cashflow From Financing-8.7%66,40072,7009,000118,100-143,000-189,000-169,500-293,100-362,300-881,000-200,800-24,600-191,300-181,100-41,900-18,900110,1003,200-15,400302,400-189,000
  Buy Backs-57.6%53,600126,3007,80014,900105,30026,500229,700423,000377,900704,200254,500135,200173,700--307,100191,200--109,200127,100

CACC Income Statement

2023-12-31
Consolidated Statements Of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues [Abstract]   
Finance Charges Revenue$ 1,755.4$ 1,686.3$ 1,742.6
Premiums earned79.662.760.3
Other Income66.983.453.1
Total revenue1,901.91,832.41,856.0
Costs and expenses [Abstract]   
Salaries and wages280.2262.0218.1
General and administrative87.288.7100.3
Sales and marketing91.775.665.3
Operating Expenses459.1426.3383.7
Provision for credit losses736.2481.48.4
Interest266.5166.6164.2
Provision for claims70.746.438.8
Loss on extinguishment of debt1.80.00.0
Total costs and expenses1,534.31,120.7595.1
Income before provision for income taxes367.6711.71,260.9
Provision for income taxes81.5175.9302.6
Net income$ 286.1$ 535.8$ 958.3
Net income per share [Abstract]   
Basic$ 22.09$ 39.50$ 59.57
Diluted$ 21.99$ 39.32$ 59.52
Weighted average Shares Outstanding [Abstract]   
Basic12,953,42413,563,88516,085,823
Diluted13,010,73513,625,08116,100,552

CACC Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
ASSETS:  
Cash and cash equivalents$ 13.2$ 7.7
Restricted cash and cash equivalents457.7410.0
Debt Securities, Available-for-sale, Restricted[1]93.272.3
Loans receivable (including $1.4 from affiliates as of December 31, 2016)[2],[3]10,020.19,165.5
Allowance for credit losses(3,064.8)(2,867.8)
Loans receivable, net6,955.36,297.7
Property and equipment, net46.551.4
Income taxes receivable4.38.7
Other assets40.056.9
Total Assets7,610.26,904.7
Liabilities:  
Accounts payable and accrued liabilities318.8260.8
Revolving secured line of credit79.230.9
Secured financing3,990.93,756.4
Senior notes989.0794.5
Other Borrowings[4]8.48.9
Deferred income taxes, net389.2426.7
Income taxes payable81.02.5
Total Liabilities5,856.55,280.7
Shareholders' Equity:  
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued0.00.0
Common stock, $0.01 par value, 80,000,000 shares authorized, 12,522,397 and 12,756,885 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively0.10.1
Paid-in capital279.0245.7
Retained earnings1,475.61,381.1
Accumulated other comprehensive loss(1.0)(2.9)
Total Shareholders' Equity1,753.71,624.0
Total Liabilities and Shareholders' Equity$ 7,610.2$ 6,904.7
Preferred stock, par value$ 0.01 
Preferred stock, shares authorized1,000,000 
Preferred stock, shares issued0 
Common stock, par value$ 0.01 
Common stock, shares authorized80,000,000 
Common stock, shares issued12,522,39712,756,885
Common stock, shares outstanding12,522,39712,756,885
[1]Measured at fair value on a recurring basis.
[2]As Consumer Loans are aggregated by Dealer for purposes of recognizing revenue and measuring credit losses, the Dealer Loan amount was estimated by allocating the balance of each Dealer Loan to the underlying Consumer Loans based on the forecasted future collections of each Consumer Loan.
[3]As certain Consumer Loans are aggregated by Dealer or month of purchase for purposes of recognizing revenue and measuring credit losses, the Purchased Loan amount was estimated by allocating the balance of certain Purchased Loans to the underlying Consumer Loans based on the forecasted future collections of each Consumer Loan.
[4]Measured at amortized cost with fair value disclosed.
CACC
Credit Acceptance Corporation engages in the provision of financing programs, and related products and services to independent and franchised automobile dealers 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 was incorporated in 1972 and is headquartered in Southfield, Michigan.
 CEO
 WEBSITEcreditacceptance.com
 INDUSTRYCredit Services
 EMPLOYEES2246

Credit Acceptance Corp Frequently Asked Questions


What is the ticker symbol for Credit Acceptance Corp? What does CACC stand for in stocks?

CACC is the stock ticker symbol of Credit Acceptance Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Credit Acceptance Corp (CACC)?

As of Mon Apr 15 2024, market cap of Credit Acceptance Corp is 6.74 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CACC stock?

You can check CACC's fair value in chart for subscribers.

What is the fair value of CACC stock?

You can check CACC's fair value in chart for subscribers. The fair value of Credit Acceptance Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Credit Acceptance Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CACC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Credit Acceptance Corp a good stock to buy?

The fair value guage provides a quick view whether CACC is over valued or under valued. Whether Credit Acceptance Corp is cheap or expensive depends on the assumptions which impact Credit Acceptance Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CACC.

What is Credit Acceptance Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, CACC's PE ratio (Price to Earnings) is 23.55 and Price to Sales (PS) ratio is 3.54. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CACC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Credit Acceptance Corp's stock?

In the past 10 years, Credit Acceptance Corp has provided 0.146 (multiply by 100 for percentage) rate of return.