Credit Acceptance CACC

$540.98 -8.89 (-1.62%)

Valuation

Market cap
5,658,651,000
Revenue TTM
$2,317,200,000
Net income TTM
$423,900,000
PE ratio
12.37
Forward PE
11.54
Profit margin
18.29%
Debt to equity
3.96

Trading

Volume
62,600
Avg volume
110,860
Day's range
$538.34 – $556.47
Shares out
10,460,000
Stochastic %K
58%
Beta
1.40
Analysts
Sell
Price target
$635.00

Price

Company profile

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...

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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.

Industry
Credit Services
Sector
Financial Services
Phone
248 353 2700
Website
https://www.creditacceptance.com
Address
25505 West Twelve Mile Road, Southfield, United States

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