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Last $195.00 USD
Change Today +0.59 / 0.30%
Volume 40.2K
CACC On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 4:30 PM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

credit acceptance corp (CACC) Snapshot

Open
$194.61
Previous Close
$194.41
Day High
$197.71
Day Low
$192.76
52 Week High
03/20/15 - $209.99
52 Week Low
07/31/14 - $110.98
Market Cap
4.0B
Average Volume 10 Days
74.5K
EPS TTM
$12.61
Shares Outstanding
20.6M
EX-Date
--
P/E TM
15.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for CREDIT ACCEPTANCE CORP (CACC)

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credit acceptance corp (CACC) Details

Credit Acceptance Corporation provides automobile dealers financing programs, and related products and services that enable them to sell vehicles to consumers. It advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. The company offers its products through a network of independent and franchised automobile dealers in the United States. Credit Acceptance Corporation was founded in 1972 and is headquartered in Southfield, Michigan.

1,303 Employees
Last Reported Date: 02/12/15
Founded in 1972

credit acceptance corp (CACC) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $1.0M
President
Total Annual Compensation: $625.0K
Chief Financial Officer and Chief Accounting ...
Total Annual Compensation: $414.8K
Chief Legal Officer and Corporate Secretary
Total Annual Compensation: $380.0K
Compensation as of Fiscal Year 2013.

credit acceptance corp (CACC) Key Developments

Credit Acceptance Announces $250 Million Senior Notes Offering

Credit Acceptance Corp. announced that it plans to offer $250 million of senior notes due 2023. The company intend to use the net proceeds from the offering of the notes for general corporate purposes, which may include repayment of outstanding borrowings, if any, under revolving credit facility. The notes will be offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

Credit Acceptance Corp. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Credit Acceptance Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net income of $73.0 million, or $3.45 per diluted share compared to consolidated net income of $65.9 million, or $2.80 per diluted share, for the same period in 2013. Adjusted net income was $69.4 million, or $3.28 per diluted share, compared to $64.3 million, or $2.73 per diluted share, for the same period in 2013.  Total revenue was $185.1 million compared to $175.3 million a year ago. Income before provision for income taxes was $116.4 million compared to $103.5 million a year ago. For the year ended December 31, 2014, the company’s net income was $266.2 million, or $11.92 per diluted share, compared to net income of $253.1 million, or $10.54 per diluted share, for the same period in 2013. Adjusted net income was $271.7 million, or $12.17 per diluted share, compared to adjusted net income of $248.3 million, or $10.34 per diluted share, for the same period in 2013. Total revenue was $723.5 million compared to $682.1 million a year ago. Income before provision for income taxes was $420.9 million compared to $398.2 million a year ago. Net cash provided by operating activities was $365.2 million compared to $325.7 million a year ago. Purchases of property and equipment were $4.3 million compared to $5.6 million a year ago.

Credit Acceptance Corp. to Report Q4, 2014 Results on Jan 29, 2015

Credit Acceptance Corp. announced that they will report Q4, 2014 results at 5:00 PM, US Eastern Standard Time on Jan 29, 2015

 

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CACC:US $195.00 USD +0.59

CACC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
America's Car-Mart Inc/TX $54.25 USD +0.29
Cash America International Inc $23.30 USD +0.52
Ezcorp Inc $9.13 USD -0.03
First Cash Financial Services Inc $46.52 USD -0.48
World Acceptance Corp $72.92 USD -1.77
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Industry Analysis

CACC

Industry Average

Valuation CACC Industry Range
Price/Earnings 16.3x
Price/Sales 6.3x
Price/Book 5.8x
Price/Cash Flow 15.0x
TEV/Sales 3.4x
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