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 7,324 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
21% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 71
8% more funds holding
Funds holding: 242 [Q4 2024] → 262 (+20) [Q1 2025]
7% more capital invested
Capital invested by funds: $3.69B [Q4 2024] → $3.96B (+$265M) [Q1 2025]
0.97% less ownership
Funds ownership: 64.96% [Q4 2024] → 63.99% (-0.97%) [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 5 articles about CACC published over the past 30 days
Neutral
GlobeNewsWire
19 hours ago
Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility
Southfield, Michigan, July 30, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we extended the date on which our $300.0 million revolving secured warehouse facility will cease to revolve from December 29, 2026 to July 30, 2028. The interest rate on borrowings under the facility has been decreased from the Secured Overnight Financing Rate (“SOFR”) plus 221.4 basis points to SOFR plus 205 basis points. There were no other material changes to the terms of the facility.
Neutral
GlobeNewsWire
6 days ago
Credit Acceptance Announces Timing of Second Quarter 2025 Earnings Release and Webcast
Southfield, Michigan, July 24, 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 second quarter 2025 earnings on Thursday, July 31, 2025, after the market closes. A webcast is scheduled for Thursday, July 31, 2025, at 5:00 p.m. Eastern Time to discuss second quarter 2025 earnings.
Neutral
Zacks Investment Research
1 week ago
Credit Acceptance (CACC) Earnings Expected to Grow: Should You Buy?
Credit Acceptance (CACC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
1 week ago
Credit Acceptance Named 2025 Top Workplace in Financial Services
Southfield, Michigan, July 17, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2025 Top Workplace in Financial Services for the second consecutive year. We ranked #4 in the 1,000+ employee size category, up five spots from last year.
Neutral
GlobeNewsWire
2 weeks ago
Credit Acceptance Announces Extension of Revolving Secured Warehouse Facility
Southfield, Michigan, July 11, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we extended the date on which our $75.0 million revolving secured warehouse facility will cease to revolve from September 30, 2026, to September 30, 2028. The interest rate on borrowings under the facility has decreased from the Secured Overnight Financing Rate (“SOFR”) plus 210 basis points to SOFR plus 185 basis points. The amendment has also decreased the servicing fee from 6.0% to 4.0% of collections on the underlying consumer loans. There were no other material changes to the terms of the facility.
Neutral
GlobeNewsWire
1 month ago
Credit Acceptance Announces Extension of Revolving Secured Line of Credit Facility
Southfield, Michigan, June 24, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have extended the maturity of our revolving secured line of credit facility with a commercial bank syndicate from June 22, 2027 to June 22, 2028.
Positive
Zacks Investment Research
2 months ago
Why Is Credit Acceptance (CACC) Up 3.3% Since Last Earnings Report?
Credit Acceptance (CACC) reported earnings 30 days ago. What's next for the stock?
Negative
Zacks Investment Research
2 months 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
3 months 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
3 months 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.
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