Credit Acceptance Corporation

CACC

US2253101016

Consumer Lending

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-10 pm EDT			5-day change	1st Jan Change
514.9 ^USD	-1.70%		+1.71%	-3.34%

Apr. 30	Credit Acceptance Q1 Adjusted Earnings Fall, Revenue Rises	MT
Apr. 30	Transcript : Credit Acceptance Corporation, Q1 2024 Earnings Call, Apr 30, 2024

Tranche Update on Credit Acceptance Corporation's Equity Buyback Plan announced on March 11, 2020.

July 29, 2021 at 04:08 pm EDT

From April 1, 2021 to June 30, 2021, the company has repurchased 598,163 shares, representing 3.52% for $254.48 million. With this, the company has completed the repurchase of 1,481,895 shares, representing 8.53% for $542.33 million under the buyback announced on March 11, 2020.

Latest news about Credit Acceptance Corporation

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
Credit Acceptance Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Jan. 31	CI
Tranche Update on Credit Acceptance Corporation's Equity Buyback Plan announced on August 24, 2023.	Jan. 30	CI
Credit Acceptance Selects New CFO	Jan. 25	MT
Credit Acceptance Appoints Jay Martin as Chief Financial Officer	Jan. 24	CI
Sector Update: Financial	Jan. 02	MT
Sector Update: Financial Stocks Decline Premarket Tuesday	Jan. 02	MT
Credit Acceptance Extends $300 Million Revolving Secured Warehouse Facility	Dec. 29	MT
Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility	Dec. 29	CI
Credit Acceptance Insider Sold Shares Worth $262,092, According to a Recent SEC Filing	Dec. 27	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

2024-06-05 - Annual General Meeting

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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

514.9 USD

Average target price

469.7 USD

Spread / Average Target

-8.79%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Consumer Leasing

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CREDIT ACCEPTANCE CORPORATION	-3.34%	6.24B
JIANGSU FINANCIAL LEASING CO., LTD.	+8.47%	3.18B
FIVE-STAR BUSINESS FINANCE LIMITED	-0.82%	2.55B
UPSTART HOLDINGS, INC.	-37.84%	2.23B
AEON THANA SINSAP (THAILAND)	+1.25%	1.1B
HAITONG UNITRUST INTERNATIONAL FINANCIAL LEASING CO., LTD.	+2.44%	885M
LATITUDE GROUP HOLDINGS LIMITED	-1.29%	789M
ESCAR FILO KIRALAMA HIZMETLERI	+90.59%	514M
ATLANTICUS HOLDINGS CORPORATION	-25.24%	428M
DIRECT FINANCE OF DIRECT GROUP (2006)LTD	+25.17%	415M

Consumer Leasing

Credit Acceptance Corporation

Equities

CACC

US2253101016

Consumer Lending

Tranche Update on Credit Acceptance Corporation's Equity Buyback Plan announced on March 11, 2020.

EPS Revisions