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Credit Acceptance Corporation (CACC)

$601.05

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Key data on CACC

Market cap

$6.24B

EPS

45.36

P/E ratio

13.2

Price to sales

--

Dividend yield

--

Beta

1.3707

Price on CACC

Previous close

$585.88

Today's open

$588.89

Day's range

$588.89 - $606.10

52 week range

$401.90 - $668.86

Profile about CACC

CEO

Kenneth S. Booth

Employees

2431

Headquarters

Southfield, MI

Exchange

Nasdaq Global Select

Shares outstanding

10380580

Issue type

Common Stock

CACC industries and sectors

Finance

Credit Finance

News on CACC

Credit Acceptance Announces Completion Of $600.0 Million Asset-Backed Financing

Southfield, Michigan, Aug. 20, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $600.0 million asset-backed non-recourse secured financing (the “Financing”).  Pursuant to this transaction, we conveyed loans having a value of approximately $750.2 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:

news source

GlobeNewsWire • Aug 20, 2026

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Credit Acceptance Announces New Chief Technology Officer to Advance Digital-First, AI-Enabled Business Evolution

Southfield, Michigan, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced that Jeetu Mirchandani, a veteran technology and AI executive with more than two decades of leadership experience at Amazon, will join the Company as Chief Technology Officer on August 27, 2026. In this role, he will lead Credit Acceptance's Engineering organization and technology strategy, helping accelerate the Company's digital-first, AI-enabled evolution and deliver simpler, more seamless experiences for customers and dealer partners.

news source

GlobeNewsWire • Aug 13, 2026

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Credit Acceptance Named One of PEOPLE Magazine's 100 Companies That Care® for Fifth Consecutive Year

Southfield, Michigan, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of PEOPLE Magazine's 100 Companies That Care® by Great Place To Work® and PEOPLE magazine for the fifth consecutive year. Credit Acceptance was ranked 11th among the 100 companies that made the list, up 33 spots from last year.

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GlobeNewsWire • Aug 13, 2026

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All You Need to Know About Credit Acceptance (CACC) Rating Upgrade to Buy

Credit Acceptance (CACC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

news source

Zacks Investment Research • Aug 7, 2026

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CACC Q2 Earnings Beat as Expenses & Provisions Decline, Revenues Rise

Credit Acceptance's Q2 earnings rise 20.6% as revenues edge higher and lower provisions and expenses offer support.

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Zacks Investment Research • Aug 5, 2026

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Credit Acceptance Q2 Earnings Call Highlights

Credit Acceptance NASDAQ: CACC reported higher second-quarter earnings as lower credit-loss provisions and improved yields on newer loans helped offset a modest decline in loan assignment unit volume. Management said monthly volume returned to year-over-year growth in June and continued to rise in July, while the company continued to refine its pricing, dealer engagement and underwriting practices.

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MarketBeat • Aug 4, 2026

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Credit Acceptance Corporation (CACC) Q2 2026 Earnings Call Transcript

Credit Acceptance Corporation (CACC) Q2 2026 Earnings Call Transcript

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Seeking Alpha • Aug 4, 2026

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Credit Acceptance Announces Second Quarter 2026 Results

Southfield, Michigan, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Credit A cceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $135.9 million, or $12.66 per diluted share, for the three months ended June 30, 2026. Adjusted net income, a non-GAAP financial measure, for the three months ended June 30, 2026 was $130.1 million, or $12.12 per diluted share. The following table summarizes our financial results:

news source

GlobeNewsWire • Aug 4, 2026

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Credit Acceptance Announces Timing of Second Quarter 2026 Earnings Release and Webcast

Southfield, Michigan, July 28, 2026 (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 2026 earnings on Tuesday, August 4, 2026, after the market closes. A webcast is scheduled for Tuesday, August 4, 2026, at 5:00 p.m. Eastern Time to discuss second quarter 2026 earnings.

news source

GlobeNewsWire • Jul 28, 2026

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Credit Acceptance Announces Leadership Changes to Advance Digital-First Strategy

Southfield, Michigan, July 27, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”), announced leadership changes designed to advance our digital-first strategy and position the Company for long-term success.

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GlobeNewsWire • Jul 27, 2026

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