Credit Acceptance Corporation logo CACC - Credit Acceptance Corporation

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY 0
BUY 0
HOLD 12
SELL 6
STRONG
SELL 0
| PRICE TARGET: $540.00 DETAILS
HIGH: $540.00
LOW: $540.00
MEDIAN: $540.00
CONSENSUS: $540.00
DOWNSIDE: 10.63%

Stock News

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

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:

Aug 20, 2026 12:02 PM • globenewswire.com
Credit Acceptance Named One of PEOPLE Magazine's 100 Companies That Care® for Fifth Consecutive Year

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.

Aug 13, 2026 12:02 PM • globenewswire.com
Credit Acceptance Announces New Chief Technology Officer to Advance Digital-First, AI-Enabled Business Evolution

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.

Aug 13, 2026 05:00 AM • globenewswire.com
Credit Acceptance Announces Second Quarter 2026 Results

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:

Aug 04, 2026 12:02 PM • globenewswire.com
Credit Acceptance Announces Timing of Second Quarter 2026 Earnings Release and Webcast

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.

Jul 28, 2026 12:02 PM • globenewswire.com
Credit Acceptance Announces Appointment of Joe Billante as Chief Financial Officer; Jay Martin to Retire After More Than Two Decades of Service

Credit Acceptance Announces Appointment of Joe Billante as Chief Financial Officer; Jay Martin to Retire After More Than Two Decades of Service

Southfield, Michigan, June 10, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”), a leading financial services company enabling automobile dealers to sell vehicles to consumers regardless of credit history, today announced the appointment of Joe Billante as Chief Financial Officer, effective July 27, 2026. Mr. Billante succeeds Jay Martin, who will retire on July 27 after 23 years of distinguished service to Credit Acceptance.

Jun 10, 2026 12:30 PM • globenewswire.com
Credit Acceptance Announces Extension of Revolving Secured Line of Credit Facility

Credit Acceptance Announces Extension of Revolving Secured Line of Credit Facility

Southfield, Michigan, June 09, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that we have extended the maturity of our revolving secured line of credit facility with a commercial bank syndicate from June 22, 2028 to June 22, 2029. The interest rate on borrowings under the facility was decreased from the Secured Overnight Financing Rate (“SOFR”) plus 197.5 basis points to SOFR plus 175 basis points.

Jun 09, 2026 12:02 PM • globenewswire.com

Price Targets