Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. It advances money to automobile dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps the amount collected from the consumers. The company is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. It serves independent and franchised automobile dealers. The company was founded in 1972 and is headquartered in Southfield, Michigan.
Frequently asked questions
What sector does Credit Acceptance Corporation (CACC) operate in?
Credit Acceptance Corporation belongs to the Financials sector and operates in the Credit Services industry.
What is Credit Acceptance Corporation (CACC) current stock price?
As of the latest data, Credit Acceptance Corporation stock price is $587.27, with a previous close of $582.89. Credit Acceptance Corporation gained $4.38 in the last trading session, representing a 0.75% increase.
What is Credit Acceptance Corporation (CACC) current market capitalization?
Credit Acceptance Corporation market cap is approximately 6.10 billion.
What is Credit Acceptance Corporation (CACC) Earnings Per Share (EPS)?
The trailing EPS is $40.11, and the forward EPS is $54.82.
What is Credit Acceptance Corporation (CACC) Price-to-Earnings (P/E) ratio?
Credit Acceptance Corporation current P/E ratio is 14.64, with a forward P/E of 10.71.
Does Credit Acceptance Corporation (CACC) pay dividends?
No. Credit Acceptance Corporation does not pay a dividend.
How did Credit Acceptance Corporation (CACC) perform in its most recent earnings report?
In the last report (June 30, 2026), Credit Acceptance Corporation posted an EPS surprise of 2.28% and a revenue surprise of -13.5%.
What is Credit Acceptance Corporation (CACC) beta (volatility) score?
Credit Acceptance Corporation has a beta of 1.346, suggesting it is more volatile than the market.