Trade Credit Acceptance - CACC CFD
Add to favourite- Summary
- Historical Data
- Events
- Income Statement
- Balance Sheet
- Cash Flow
- Ownership
| Spread | 3.99 | ||||||||
|
Long position overnight fee
Long position overnight fee
Go to platform | -0.026207% | ||||||||
|
Short position overnight fee
Short position overnight fee
Go to platform | 0.003985% | ||||||||
| Overnight fee time | 22:00 (UTC) | ||||||||
| Min traded quantity | 1 | ||||||||
| Currency | USD | ||||||||
| Margin | 5% | ||||||||
| Stock exchange | United States of America | ||||||||
| Commission on trade | 0% |
*Information provided by Capital.com
Credit Acceptance Corp ESG Risk Ratings
‘B’ score indicates good relative ESG performance and above average degree of transparency in reporting material ESG data publicly.
| Prev. Close* | 455.39 |
| Open* | 441.95 |
| 1-Year Change* | 0.64% |
| Day's Range* | 441.95 - 459.45 |
| 52 wk Range | 358.00-576.05 |
| Average Volume (10 days) | 40.62K |
| Average Volume (3 months) | 1.22M |
| Market Cap | 5.36B |
| P/E Ratio | 17.56 |
| Shares Outstanding | 12.57M |
| Revenue | 1.87B |
| EPS | 24.32 |
| Dividend (Yield %) | N/A |
| Beta | 1.36 |
| Next Earnings Date | Jan 29, 2024 |
All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com
- Last Week
- Last Month
- Last Year
- Last two Years
- Max
- Daily
- Weekly
- Monthly
| Date | Close | Change | Change (%) | Open | High | Low |
|---|---|---|---|---|---|---|
| Dec 7, 2023 | 455.39 | 9.44 | 2.12% | 445.95 | 456.57 | 445.95 |
| Dec 6, 2023 | 447.81 | -2.14 | -0.48% | 449.95 | 462.69 | 447.20 |
| Dec 5, 2023 | 446.33 | -1.62 | -0.36% | 447.95 | 449.03 | 435.01 |
| Dec 4, 2023 | 459.94 | -6.75 | -1.45% | 466.69 | 475.95 | 456.49 |
| Dec 1, 2023 | 473.26 | 32.35 | 7.34% | 440.91 | 477.59 | 440.91 |
| Nov 30, 2023 | 456.95 | 11.43 | 2.57% | 445.52 | 457.00 | 444.63 |
| Nov 29, 2023 | 450.67 | 18.72 | 4.33% | 431.95 | 454.32 | 431.95 |
| Nov 28, 2023 | 440.00 | 14.28 | 3.35% | 425.72 | 442.59 | 424.51 |
| Nov 27, 2023 | 434.39 | 4.44 | 1.03% | 429.95 | 435.93 | 429.95 |
| Nov 24, 2023 | 434.96 | 10.01 | 2.36% | 424.95 | 437.20 | 424.95 |
| Nov 22, 2023 | 431.72 | 7.77 | 1.83% | 423.95 | 432.95 | 423.95 |
| Nov 21, 2023 | 426.43 | -3.68 | -0.86% | 430.11 | 434.31 | 423.32 |
| Nov 20, 2023 | 439.85 | 4.67 | 1.07% | 435.18 | 441.45 | 429.95 |
| Nov 17, 2023 | 434.60 | 6.88 | 1.61% | 427.72 | 438.60 | 427.72 |
| Nov 16, 2023 | 429.21 | -11.44 | -2.60% | 440.65 | 448.90 | 428.44 |
| Nov 15, 2023 | 449.77 | 10.91 | 2.49% | 438.86 | 452.70 | 438.86 |
| Nov 14, 2023 | 435.30 | 23.62 | 5.74% | 411.68 | 436.02 | 410.95 |
| Nov 13, 2023 | 407.34 | 1.39 | 0.34% | 405.95 | 412.90 | 405.48 |
| Nov 10, 2023 | 411.37 | 1.08 | 0.26% | 410.29 | 414.80 | 405.31 |
| Nov 9, 2023 | 410.23 | -9.93 | -2.36% | 420.16 | 422.95 | 410.23 |
Credit Acceptance Events
| Time (UTC) | Country | Event |
|---|---|---|
| Monday, January 29, 2024 | ||
| Time (UTC) 10:59 | Country US
| Event Q4 2023 Credit Acceptance Corp Earnings Release Q4 2023 Credit Acceptance Corp Earnings ReleaseForecast -Previous - |
- Annual
- Quarterly
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Total revenue | 1832.4 | 1856 | 1669.3 | 1489 | 1285.8 |
| Revenue | 1832.4 | 1856 | 1669.3 | 1489 | 1285.8 |
| Total Operating Expense | 954.1 | 430.9 | 927.8 | 436.9 | 374.1 |
| Selling/General/Admin. Expenses, Total | 426.3 | 383.7 | 325.6 | 328.6 | 291.2 |
| Unusual Expense (Income) | 0 | 0 | 45.7 | 1.8 | |
| Other Operating Expenses, Total | 527.8 | 47.2 | 556.5 | 106.5 | 82.9 |
| Operating Income | 878.3 | 1425.1 | 741.5 | 1052.1 | 911.7 |
| Interest Income (Expense), Net Non-Operating | -166.6 | -164.2 | -192 | -196.2 | -156.6 |
| Net Income Before Taxes | 711.7 | 1260.9 | 549.5 | 855.9 | 755.1 |
| Net Income After Taxes | 535.8 | 958.3 | 421 | 656.1 | 574 |
| Net Income Before Extra. Items | 535.8 | 958.3 | 421 | 656.1 | 574 |
| Net Income | 535.8 | 958.3 | 421 | 656.1 | 574 |
| Income Available to Common Excl. Extra. Items | 535.8 | 958.3 | 421 | 656.1 | 574 |
| Income Available to Common Incl. Extra. Items | 535.8 | 958.3 | 421 | 656.1 | 574 |
| Diluted Net Income | 535.8 | 958.3 | 421 | 656.1 | 574 |
| Diluted Weighted Average Shares | 13.6251 | 16.1005 | 17.9358 | 18.9766 | 19.5323 |
| Diluted EPS Excluding Extraordinary Items | 39.3245 | 59.5197 | 23.4726 | 34.5742 | 29.3872 |
| Dividends per Share - Common Stock Primary Issue | |||||
| Diluted Normalized EPS | 39.3245 | 59.5197 | 25.4248 | 34.6469 | 29.3872 |
| Total Extraordinary Items |
| Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | |
|---|---|---|---|---|---|
| Total revenue | 477.9 | 453.8 | 459 | 460.3 | 457.4 |
| Revenue | 477.9 | 453.8 | 459 | 460.3 | 457.4 |
| Total Operating Expense | 387.2 | 272.6 | 246.6 | 296.4 | 276.4 |
| Selling/General/Admin. Expenses, Total | 117 | 117.3 | 103.9 | 103.2 | 116.7 |
| Unusual Expense (Income) | 0 | ||||
| Other Operating Expenses, Total | 270.2 | 155.3 | 142.7 | 193.2 | 159.7 |
| Operating Income | 90.7 | 181.2 | 212.4 | 163.9 | 181 |
| Interest Income (Expense), Net Non-Operating | -62.8 | -54.4 | -49.4 | -41.8 | -38.9 |
| Net Income Before Taxes | 27.9 | 126.8 | 163 | 122.1 | 142.1 |
| Net Income After Taxes | 22.2 | 99.5 | 127.3 | 86.8 | 107.4 |
| Net Income Before Extra. Items | 22.2 | 99.5 | 127.3 | 86.8 | 107.4 |
| Net Income | 22.2 | 99.5 | 127.3 | 86.8 | 107.4 |
| Income Available to Common Excl. Extra. Items | 22.2 | 99.5 | 127.3 | 86.8 | 107.4 |
| Income Available to Common Incl. Extra. Items | 22.2 | 99.5 | 127.3 | 86.8 | 107.4 |
| Diluted Net Income | 22.2 | 99.5 | 127.3 | 86.8 | 107.4 |
| Diluted Weighted Average Shares | 13.1 | 13.0733 | 13.2867 | 13.3642 | 13.518 |
| Diluted EPS Excluding Extraordinary Items | 1.69466 | 7.61092 | 9.581 | 6.49498 | 7.94497 |
| Dividends per Share - Common Stock Primary Issue | 0 | 0 | 0 | 0 | |
| Diluted Normalized EPS | 1.69466 | 7.61092 | 9.581 | 6.49498 | 7.94497 |
- Annual
- Quarterly
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Cash and Short Term Investments | 7.7 | 23.3 | 16 | 187.4 | 25.7 |
| Cash & Equivalents | 7.7 | 23.3 | 16 | 187.4 | 25.7 |
| Total Receivables, Net | 8.7 | 109.2 | 147 | 66.2 | 7.9 |
| Total Assets | 6904.7 | 7050.9 | 7489 | 7423.2 | 6237.4 |
| Property/Plant/Equipment, Total - Net | 51.4 | 57.3 | 59.4 | 62.4 | 40.2 |
| Property/Plant/Equipment, Total - Gross | 111.9 | 112.6 | 109 | 107.5 | 79.2 |
| Accumulated Depreciation, Total | -60.5 | -55.3 | -49.6 | -45.1 | -39 |
| Note Receivable - Long Term | 6297.7 | 6336.3 | 6787.9 | 6685.2 | 5763.3 |
| Other Long Term Assets, Total | 482.3 | 473 | 446.3 | 389.6 | 362.2 |
| Other Assets, Total | 56.9 | 51.8 | 32.4 | 32.4 | 38.1 |
| Payable/Accrued | 259.5 | 174.5 | 185.2 | 203.6 | 186.4 |
| Notes Payable/Short Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities, Total | 2.5 | 0.2 | 0.2 | 0.2 | 2.5 |
| Total Liabilities | 5280.7 | 5226.7 | 5186.5 | 5067.9 | 4246.5 |
| Total Long Term Debt | 4590.7 | 4616.3 | 4608.6 | 4538.8 | 3820.9 |
| Long Term Debt | 4590.7 | 4616.3 | 4608.6 | 4538.8 | 3820.9 |
| Deferred Income Tax | 426.7 | 435.2 | 391 | 322.5 | 236.7 |
| Total Equity | 1624 | 1824.2 | 2302.5 | 2355.3 | 1990.9 |
| Redeemable Preferred Stock | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 |
| Additional Paid-In Capital | 245.7 | 197.2 | 161.9 | 157.7 | 154.9 |
| Retained Earnings (Accumulated Deficit) | 1381.1 | 1626.7 | 2138.8 | 2196.6 | 1836.1 |
| Other Equity, Total | -2.9 | 0.2 | 1.6 | 0.8 | -0.3 |
| Total Liabilities & Shareholders’ Equity | 6904.7 | 7050.9 | 7489 | 7423.2 | 6237.4 |
| Total Common Shares Outstanding | 12.7569 | 14.1459 | 17.0924 | 18.3528 | 18.9726 |
| Accrued Expenses | 1.3 | 0.5 | 1.5 | 2.8 |
| Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | |
|---|---|---|---|---|---|
| Cash and Short Term Investments | 3.1 | 3.2 | 8.1 | 7.7 | 10.7 |
| Cash & Equivalents | 3.1 | 3.2 | 8.1 | 7.7 | 10.7 |
| Total Receivables, Net | 14.2 | 13.7 | 11 | 8.7 | 29 |
| Total Assets | 7397.1 | 7205.5 | 7154.9 | 6904.7 | 6892.4 |
| Property/Plant/Equipment, Total - Net | 47.1 | 49.4 | 50.1 | 51.4 | 52.4 |
| Note Receivable - Long Term | 6780.5 | 6610.3 | 6500.3 | 6297.7 | 6311.6 |
| Other Long Term Assets, Total | 521.3 | 490.2 | 556.4 | 482.3 | 452.7 |
| Other Assets, Total | 30.9 | 38.7 | 29 | 56.9 | 36 |
| Payable/Accrued | 284.1 | 263.1 | 257.3 | 259.5 | 239 |
| Notes Payable/Short Term Debt | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities, Total | 9.5 | 0.2 | 2.3 | 2.5 | 0.2 |
| Total Liabilities | 5696.2 | 5458.5 | 5431.5 | 5280.7 | 5303.2 |
| Total Long Term Debt | 4940.8 | 4746.6 | 4720.7 | 4590.7 | 4625.9 |
| Long Term Debt | 4940.8 | 4746.6 | 4720.7 | 4590.7 | 4625.9 |
| Deferred Income Tax | 461.8 | 448.6 | 451.2 | 426.7 | 438.1 |
| Total Equity | 1700.9 | 1747 | 1723.4 | 1624 | 1589.2 |
| Redeemable Preferred Stock | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Additional Paid-In Capital | 271.3 | 261.7 | 252.1 | 245.7 | 235.8 |
| Retained Earnings (Accumulated Deficit) | 1432.4 | 1487.9 | 1473.3 | 1381.1 | 1356.7 |
| Other Equity, Total | -2.9 | -2.7 | -2.1 | -2.9 | -3.4 |
| Total Liabilities & Shareholders’ Equity | 7397.1 | 7205.5 | 7154.9 | 6904.7 | 6892.4 |
| Total Common Shares Outstanding | 12.5662 | 12.8217 | 12.8369 | 12.7569 | 12.9247 |
| Accrued Expenses | 1.3 |
- Annual
- Quarterly
| 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|
| Net income/Starting Line | 535.8 | 958.3 | 421 | 656.1 | 574 |
| Cash From Operating Activities | 1238.7 | 1069.4 | 985.2 | 812.3 | 703.9 |
| Cash From Operating Activities | 9 | 9.7 | 8.8 | 7.3 | 5.4 |
| Amortization | 16.6 | 16.6 | 15 | 15.1 | 14.1 |
| Deferred Taxes | -7.7 | 44.7 | 68.3 | 85.5 | 49.3 |
| Non-Cash Items | 518.2 | 32.8 | 569.8 | 85.6 | 67 |
| Cash Taxes Paid | 72.7 | 213.2 | 141.5 | 172.4 | 168.8 |
| Cash Interest Paid | 147.3 | 149.4 | 191.6 | 175.6 | 141 |
| Changes in Working Capital | 166.8 | 7.3 | -97.7 | -37.3 | -5.9 |
| Cash From Investing Activities | -460.6 | 437.3 | -673.5 | -1024.2 | -1238.3 |
| Capital Expenditures | -3.1 | -7.6 | -8.5 | -26.8 | -25.1 |
| Other Investing Cash Flow Items, Total | -457.5 | 444.9 | -665 | -997.4 | -1213.2 |
| Cash From Financing Activities | -794.6 | -1468.7 | -433.2 | 400.3 | 599.9 |
| Financing Cash Flow Items | 3.8 | -17.2 | -19.5 | -26.1 | -20.7 |
| Issuance (Retirement) of Stock, Net | -769.4 | -1460 | -480.8 | -300.4 | -129.1 |
| Issuance (Retirement) of Debt, Net | -29 | 8.5 | 67.1 | 726.8 | 749.7 |
| Net Change in Cash | -16.5 | 38 | -121.5 | 188.4 | 65.5 |
| Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | |
|---|---|---|---|---|---|
| Net income/Starting Line | 99.5 | 535.8 | 408.5 | 321.7 | 214.3 |
| Cash From Operating Activities | 296.5 | 1238.7 | 951.9 | 625.6 | 376.1 |
| Cash From Operating Activities | 2.2 | 9 | 6.8 | 4.6 | 2.3 |
| Amortization | 4.2 | 16.6 | 12.5 | 8.5 | 4.3 |
| Deferred Taxes | 24.2 | -7.7 | 3.8 | 5.7 | 11 |
| Non-Cash Items | 147.6 | 518.2 | 378.1 | 189.1 | 32.5 |
| Cash Taxes Paid | -3.4 | 72.7 | 50 | 37.9 | -0.6 |
| Cash Interest Paid | 50.6 | 147.3 | 105.1 | 66.8 | 33.6 |
| Changes in Working Capital | 18.8 | 166.8 | 142.2 | 96 | 111.7 |
| Cash From Investing Activities | -344.2 | -460.6 | -339.1 | -166.4 | -18.5 |
| Capital Expenditures | -0.9 | -3.1 | -1.9 | -1 | -1.7 |
| Other Investing Cash Flow Items, Total | -343.3 | -457.5 | -337.2 | -165.4 | -16.8 |
| Cash From Financing Activities | 118.1 | -794.6 | -651.6 | -462.6 | -293.1 |
| Financing Cash Flow Items | -0.8 | 3.8 | 10 | 5 | 4 |
| Issuance (Retirement) of Stock, Net | -10.8 | -769.4 | -666.8 | -641.6 | -417.1 |
| Issuance (Retirement) of Debt, Net | 129.7 | -29 | 5.2 | 174 | 120 |
| Net Change in Cash | 70.4 | -16.5 | -38.8 | -3.4 | 64.5 |
| Investor Name | Investor Type | Percent Outstanding | Shares Held | Shares change | Holdings Date | Turnover Rating |
|---|---|---|---|---|---|---|
| Prescott General Partners LLC | Hedge Fund | 12.92 | 1656627 | 0 | 2023-06-30 | LOW |
| Donald A. Foss 2009 Annuity Trust | Corporation | 12.1636 | 1559644 | 127754 | 2023-09-12 | |
| Foss (Donald A) | Individual Investor | 11.3303 | 1452797 | 0 | 2023-04-10 | |
| Marital Trust U/A Donald A. Foss Trust January 16, 1981 | Corporation | 8.9906 | 1152797 | 1152797 | 2023-09-12 | |
| Cerity Partners LLC | Investment Advisor | 6.9194 | 887219 | 276 | 2023-06-30 | MED |
| Ruane, Cunniff & Goldfarb L.P. | Investment Advisor | 6.1491 | 788445 | 6953 | 2023-06-30 | LOW |
| Wellington Management Company, LLP | Investment Advisor/Hedge Fund | 4.681 | 600212 | -17161 | 2023-06-30 | LOW |
| The Vanguard Group, Inc. | Investment Advisor/Hedge Fund | 4.5712 | 586128 | -6132 | 2023-06-30 | LOW |
| Watson (Jill Foss) | Individual Investor | 3.9123 | 501647 | 0 | 2023-04-10 | LOW |
| Gobi Capital LLC | Hedge Fund | 3.7039 | 474927 | -60189 | 2023-06-30 | |
| Beck, Mack & Oliver LLC | Investment Advisor | 2.5374 | 325353 | 980 | 2023-06-30 | |
| Cantillon Capital Management LLC | Investment Advisor/Hedge Fund | 2.0131 | 258125 | 15340 | 2023-06-30 | LOW |
| BlackRock Institutional Trust Company, N.A. | Investment Advisor | 1.7915 | 229705 | -8094 | 2023-06-30 | LOW |
| Tryforos (Thomas N) | Individual Investor | 1.6229 | 208088 | 423 | 2023-08-22 | |
| Smead Capital Management, Inc. | Investment Advisor | 1.4585 | 187007 | -2389 | 2023-06-30 | LOW |
| Dimensional Fund Advisors, L.P. | Investment Advisor/Hedge Fund | 1.4344 | 183922 | 4580 | 2023-06-30 | LOW |
| Abrams Bison Investments, L.L.C. | Hedge Fund | 1.3009 | 166809 | 0 | 2023-06-30 | LOW |
| RV Capital GmbH | Investment Advisor | 1.2299 | 157696 | -15150 | 2023-09-30 | LOW |
| Kize Capital LP | Investment Advisor | 1.2052 | 154537 | -26640 | 2023-06-30 | LOW |
| HSBC Global Asset Management Deutschland GmbH | Investment Advisor | 0.9063 | 116208 | 0 | 2023-06-30 | MED |
Trading calculator
Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).
- 1:1
- 20
- 100
- 500
- 1000
- 10000
Credit Acceptance Company profile
About Credit Acceptance Corp.
Credit Acceptance Corporation is engaged in offering financing programs that enable automobile dealers to sell vehicles to consumers. The Company’s financing programs are offered through a network of automobile dealers. The Company offers two financing programs: the Portfolio Program and the Purchase Program. Under the Portfolio Program, the Company advances money to dealers, which is referred to as dealer loan in exchange for the right to service the underlying consumer Loans. Under the Purchase Program, the Company buys the consumer loans from the dealers, which is referred to as a purchased loan 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.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Credit Acceptance Corp. revenues increased 11% to $1.86B. Net income increased from $421M to $958.3M. Revenues reflect Finance Charges Revenue increase of 12% to $1.74B, Other income increase of 7% to $53.1M, Premiums Earned increase of 5% to $60.3M. Net income benefited from Interest decrease of 14% to $164.2M (expense), Loss on extinguishment of debt decrease from $7.4M (expense) to
Equity composition
Common Stock. $.01 Par, 04/11, 80M auth., 25,591,344 issd. Insiders & strategic holders own 59.41%. IPO 6/92, 2M shs.@$13 by William Blair & Co. PO 10/95, 6.325M shares @ $24.50 by William Blair & Co. FY'03-04 Qs are being reclassified. 7/05, Co. delisted from Nasdaq to Pink Sheets. 04/06, Exchange changed from OTC to NASDAQ.
| Industry: | Consumer Leasing |
25505 W 12 Mile Rd
SOUTHFIELD
MICHIGAN 48034-1846
US
Income Statement
- Annual
- Quarterly
News
December RBA preview: no move expected at the final meeting of 2023
The RBA meets on Tuesday, 5th of December, 2023, at 2.30 PM (AEDT). We preview what to expect from this month’s decision.
14:47, 4 December 2023
CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs
CPI drops more than expected in Europe, Spain’s IBEX 35 looking to break pre-COVID highs
12:39, 30 November 2023
Euro Zone CPI expected to continue dropping; economists warn about cutting too soon
EZ PI expected to drop further but speed of decline
08:16, 29 November 2023
A weaker Dollar drives gold higher
Gold prices have returned above $US2000 per ounce. We run through the factors driving gold and the commodity’s key technicals.
13:49, 28 November 2023
Q3 US Earnings Recap: Profits surprise to the upside, but outlook remains uncertain
US earnings for the third quarter were far better than expected. However, uncertainty about the outlook for company profits continues. We review the quarterly earnings and look ahead to what the markets expect from S&P 500 companies going forward.
13:20, 28 November 2023
RBNZ Preview: Rates expected to remain unchanged at final meeting of 2023
The RBNZ meets for the final time this year on Wednesday, 29th of November, 2023. We preview what to expect and how it could impact the New Zealand Dollar.
13:04, 28 November 2023
Crude prices slide on OPEC+ uncertainty
Crude prices have chopped sideways amid signs of turmoil within OPEC+. We look at the fundamentals of the oil market and the technical levels of WTI.
12:55, 28 November 2023People also watch
Still looking for a broker you can trust?
Join the 570.000+ traders worldwide that chose to trade with Capital.com