Credit AcceptanceCACC
CACC
About: Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.
Employees: 2,431
0
Funds holding %
of 7,202 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
95% more call options, than puts
Call options by funds: $26.3M | Put options by funds: $13.5M
88% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 26
23% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 70
8% more funds holding
Funds holding: 242 [Q4 2024] → 261 (+19) [Q1 2025]
7% more capital invested
Capital invested by funds: $3.69B [Q4 2024] → $3.94B (+$253M) [Q1 2025]
1.17% less ownership
Funds ownership: 64.96% [Q4 2024] → 63.79% (-1.17%) [Q1 2025]
7% less funds holding in top 10
Funds holding in top 10: 15 [Q4 2024] → 14 (-1) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for CACC.
Financial journalist opinion
Based on 8 articles about CACC published over the past 30 days
Negative
Zacks Investment Research
2 weeks ago
CACC's Q1 Earnings Miss, Stock Gains 2.6% on Higher Finance Charges
Higher operating expenses hurt Credit Acceptance's Q1 earnings, while a rise in revenues, lower provisions and an increase in net loan receivables offer support.
Neutral
Seeking Alpha
2 weeks ago
Credit Acceptance Corporation (CACC) Q1 2025 Earnings Call Transcript
Credit Acceptance Corporation (NASDAQ:CACC ) Q1 2025 Earnings Call April 30, 2025 5:00 PM ET Company Participants Jay Martin - Chief Financial Officer Ken Booth - Chief Executive Officer Doug Busk - Chief Treasury Officer Jay Brinkley - Senior Vice President and Treasurer Conference Call Participants Moshe Orenbuch - TD Cowen Robert Wildhack - Autonomous Research John Rowan - Janney Jordan Hymowitz - Philadelphia Financial Operator Good day, everyone and welcome to the Credit Acceptance Corporation First Quarter 2025 Earnings Call. Today's call is being recorded.
Positive
Zacks Investment Research
2 weeks ago
Compared to Estimates, Credit Acceptance (CACC) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for Credit Acceptance (CACC) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
2 weeks ago
Credit Acceptance (CACC) Misses Q1 Earnings Estimates
Credit Acceptance (CACC) came out with quarterly earnings of $8.66 per share, missing the Zacks Consensus Estimate of $10.31 per share. This compares to earnings of $5.08 per share a year ago.
Neutral
GlobeNewsWire
2 weeks ago
Credit Acceptance Announces First Quarter 2025 Results
Southfield, Michigan, April 30, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $106.3 million, or $8.66 per diluted share, for the three months ended March 31, 2025. Adjusted net income, a non-GAAP financial measure, for the three months ended March 31, 2025 was $114.8 million, or $9.35 per diluted share. The following table summarizes our financial results:
Neutral
GlobeNewsWire
3 weeks ago
Credit Acceptance Welcomes CFPB's Withdrawal From Lawsuit
Southfield, Michigan, April 24, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that on April 24, 2025, the Consumer Financial Protection Bureau (“CFPB”) filed an unopposed motion to withdraw from the lawsuit that it initiated jointly on January 4, 2023, with the Office of the New York State Attorney General (NYAG) against Credit Acceptance in the United States District Court for the Southern District of New York. As of the filing of the CFPB's motion, Credit Acceptance's motion to dismiss the case in its entirety remains fully briefed and pending before the Court. Credit Acceptance expects that, if the CFPB's motion is granted, the NYAG would be the sole remaining plaintiff, and the case would thus be limited to New York consumers only.
Neutral
GlobeNewsWire
3 weeks ago
Credit Acceptance Recognized with Multiple 2025 Top Workplaces Spring Culture Excellence Awards
Southfield, Michigan, April 23, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) is proud to announce our recognition as a 2025 Spring Culture Excellence Top Workplaces award winner in the following five categories: Work-Life Flexibility, Leadership, Innovation, Purpose & Values, and Compensation & Benefits.
Neutral
GlobeNewsWire
3 weeks ago
Credit Acceptance Announces Timing of First Quarter 2025 Earnings Release and Webcast
Southfield, Michigan, April 23, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we expect to issue a news release with our first quarter 2025 earnings on Wednesday, April 30, 2025, after the market closes. A webcast is scheduled for Wednesday, April 30, 2025, at 5:00 p.m. Eastern Time to discuss first quarter 2025 earnings.
Positive
Zacks Investment Research
1 month ago
Credit Acceptance (CACC) Surges 7.0%: Is This an Indication of Further Gains?
Credit Acceptance (CACC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Neutral
GlobeNewsWire
1 month ago
Credit Acceptance Announces Completion of $400.0 Million Asset-Backed Financing
Southfield, Michigan, March 27, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $400.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $500.2 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:
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