Credit Acceptance Corporation

CACC

US2253101016

Consumer Lending

Market Closed - Nasdaq Other stock markets 16:00:00 2024-07-05 EDT			5-day change	1st Jan Change
521.6 ^USD	+0.49%		+1.34%	-2.10%

07-01	Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell Midcap Growth Index	CI
07-01	Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 3000 Growth Index	CI

Credit Acceptance Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

January 30, 2020 at 04:07 pm

Credit Acceptance Corporation announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net income was USD 161.9 million compared to USD 151.9 million a year ago. Basic earnings per share was USD 8.63 compared to USD 7.82 a year ago. Diluted earnings per share was USD 8.6 compared to USD 7.79 a year ago. For the full year, net income was USD 656.1 million compared to USD 574 million a year ago. Basic earnings per share was USD 34.71 compared to USD 29.52 a year ago. Diluted earnings per share was USD 34.57 compared to USD 29.39 a year ago.

Latest news about Credit Acceptance Corporation

Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell Midcap Growth Index	06-30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 3000 Growth Index	06-30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 3000E Growth Index	06-30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 2500 Growth Index	06-30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell Small Cap Comp Growth Index	06-30	CI
Credit Acceptance Corporation(NasdaqGS:CACC) added to Russell 1000 Growth Index	06-30	CI
Credit Acceptance Increases, Extends Asset-Backed Financing	06-21	MT
Credit Acceptance Extends Revolving Secured Line of Credit Facility	06-17	MT
Credit Acceptance Announces Extension of Revolving Secured Line of Credit Facility	06-17	CI
Credit Acceptance Q1 Adjusted Earnings Fall, Revenue Rises	04-30	MT
Transcript : Credit Acceptance Corporation, Q1 2024 Earnings Call, Apr 30, 2024	04-30
Earnings Flash (CACC) CREDIT ACCEPTANCE CORPORATION Posts Q1 Revenue $508M, vs. Street Est of $497.7M	04-30	MT
Earnings Flash (CACC) CREDIT ACCEPTANCE CORPORATION Reports Q1 EPS $9.28, vs. Street Est of $9.13	04-30	MT
Tranche Update on Credit Acceptance Corporation's Equity Buyback Plan announced on August 24, 2023.	04-30	CI
Credit Acceptance Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	04-30	CI
Credit Acceptance Insider Sold Shares Worth $1,431,450, According to a Recent SEC Filing	03-25	MT
Credit Acceptance Insider Sold Shares Worth $6,927,701, According to a Recent SEC Filing	03-04	MT
Credit Acceptance Extends $100 Million Financing Through February 2026	02-16	MT
Credit Acceptance Corporation Announces Extension of $100.0 Million Asset-Backed Financing	02-16	CI
Credit Acceptance Insider Sold Shares Worth $289,990, According to a Recent SEC Filing	02-06	MT
Credit Acceptance Insider Sold Shares Worth $2,854,124, According to a Recent SEC Filing	02-06	MT
Transcript : Credit Acceptance Corporation, Q4 2023 Earnings Call, Jan 31, 2024	01-31
Credit Acceptance Q4 Adjusted Earnings Decline While Revenue Increases	01-31	MT
Earnings Flash (CACC) CREDIT ACCEPTANCE CORPORATION Posts Q4 EPS $10.06, vs. Street Est of $7.34	01-31	MT
Earnings Flash (CACC) CREDIT ACCEPTANCE CORPORATION Reports Q4 Revenue $491.6M, vs. Street Est of $489.5M	01-31	MT

Chart Credit Acceptance Corporation

Duration

Period

More charts

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)

More about the company

Income Statement Evolution

More financial data

Ratings for Credit Acceptance Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

521.6 USD

Average target price

476.3 USD

Spread / Average Target

-8.67%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Consumer Leasing

	1st Jan change	Capi.
CREDIT ACCEPTANCE CORPORATION	-2.10%	6.32B
JIANGSU FINANCIAL LEASING CO., LTD.	+7.44%	3.13B
FIVE-STAR BUSINESS FINANCE LIMITED	+8.74%	2.8B
UPSTART HOLDINGS, INC.	-43.22%	2.04B
AEON THANA SINSAP (THAILAND)	-18.75%	891M
LATITUDE GROUP HOLDINGS LIMITED	0.00%	817M
HAITONG UNITRUST INTERNATIONAL FINANCIAL LEASING CO.,LTD.	-14.63%	738M
ESCAR FILO KIRALAMA HIZMETLERI	+114.35%	570M
ATLANTICUS HOLDINGS CORPORATION	-21.64%	448M
DIRECT FINANCE OF DIRECT GROUP (2006)LTD	+12.96%	378M

Consumer Leasing