Credit Acceptance Corporation
$ 474.41
1.75%
03 Dec - close price
- Market Cap 5,331,259,000 USD
- Current Price $ 474.41
- High / Low $ 474.68 / 457.70
- Stock P/E 12.58
- Book Value 142.97
- EPS 37.72
- Next Earning Report 2026-01-29
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA 0.05 %
- ROE 0.28 %
- 52 Week High 560.00
- 52 Week Low 401.90
About
Credit Acceptance Corporation (CACC) is a premier provider of auto finance solutions, dedicated to empowering independent and franchised dealerships throughout the United States with financing options tailored for a wide range of customers, particularly non-prime consumers. Headquartered in Southfield, Michigan, the company leverages its extensive experience in the automotive financing sector to enhance the car buying experience and expand credit access. CACC stands out for its innovative strategies and strong collaborative relationships with dealerships, solidifying its position as a vital player in the expanding subprime auto lending market. As demand for accessible financing solutions continues to rise, CACC is well-positioned to capture growth opportunities and drive shareholder value.
Analyst Target Price
$458.00
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-10-29 | 2025-07-31 | 2025-04-30 | 2025-01-30 | 2024-10-30 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-30 | 2023-08-01 | 2023-05-01 | 2023-01-31 |
| Reported EPS | 10.28 | 8.56 | 9.35 | 10.17 | 8.79 | 10.29 | 9.28 | 7.29 | 5.43 | 1.69 | 7.61 | 9.58 |
| Estimated EPS | 9.52 | 9.83 | 9.67 | 7.93 | 9.05 | 8.91 | 8.35 | 5.43 | 5.71 | 8.18 | 8.81 | 7.16 |
| Surprise | 0.76 | -1.27 | -0.32 | 2.24 | -0.26 | 1.38 | 0.93 | 1.86 | -0.28 | -6.49 | -1.2 | 2.42 |
| Surprise Percentage | 7.9832% | -12.9196% | -3.3092% | 28.2472% | -2.8729% | 15.4882% | 11.1377% | 34.2541% | -4.9037% | -79.3399% | -13.6209% | 33.7989% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-01-29 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | 10.01 |
| Currency | USD |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: CACC
2025-11-17 16:02:00
Credit Acceptance (Nasdaq: CACC) has been named a 2025 Top Workplace in Michigan by the Detroit Free Press, ranking #2 among large companies for the second consecutive year and marking its 14th consecutive appearance on the list. The company, based in Michigan for over 53 years, now offers a remote-first environment to approximately 95% of its employees. This recognition is attributed to an anonymous employee survey measuring alignment, execution, and connection, and highlights the company's commitment to its team and community engagement.
2025-11-17 15:02:00
Credit Acceptance Corporation has been recognized as a 2025 Top Workplace in Michigan by the Detroit Free Press, ranking #2 among large companies for the 14th consecutive year. This recognition is based on an anonymous employee survey and highlights the company's commitment to a flexible, remote-first environment and strong community involvement. It is one of eleven workplace awards the company has received this year, underscoring its positive workplace culture and dedication to its mission.
2025-11-13 16:02:00
Credit Acceptance Corporation completed a $500.0 million asset-backed, non-recourse secured financing on November 13, 2025. This financing involved conveying $625.2 million in loans to a special purpose entity that issued three classes of notes with interest rates ranging from 4.50% to 5.38%. The funds, costing an average of 5.1% annually, will revolve for 24 months before amortizing, and are intended to repay higher-cost debt and for general corporate purposes, while preserving $2.0 billion in unused borrowing capacity and cash.
2025-11-02 11:25:48
The Credit Acceptance Corporation is facing multiple lawsuits due to allegations of deceptive practices in subprime auto lending, including misleading loan terms and aggressive collection methods. These legal challenges could lead to significant financial compensation for consumers, revised lending practices, and broader regulatory reforms across the auto loan industry and financial sector. The outcome is expected to impact how subprime auto loans are handled, potentially offering stronger consumer protections and influencing the company's financial stability.
2025-10-28 10:49:00
Kenneth Booth, CEO of Credit Acceptance, is set to retire, with Vinayak Hegde, formerly of T-Mobile, taking over as CEO on November 13. Hegde expressed his commitment to innovation and delivering value for customers, partners, and stakeholders.
2025-10-20 00:00:00
Subprime auto lender Credit Acceptance Corp. (CAC) has filed an 8-K with the SEC to address investor queries regarding the quality of its loans. The company asserts it has a significant margin of safety in loan pricing, low balance sheet leverage, and substantial unused revolving availability to reassure investors about its financial stability.
