Here's Why Credit Acceptance (CACC) is a Strong Momentum Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
CACC - Credit Acceptance Corporation
Price:
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--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$540.00
DETAILS
HIGH:
$540.00
LOW:
$540.00
MEDIAN:
$540.00
CONSENSUS:
$540.00
DOWNSIDE:
13.73%
Stock News
3 Consumer Loan Stocks Poised to Gain From Improving Industry Dynamics
While subdued asset quality and macro uncertainty are concerns, higher rates for long, digitization and easier lending criteria support the Zacks Consumer Loans industry. So, firms like CACC, ENVA and ECPG are poised to gain.
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.
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.
Is It Too Late to Buy Credit Acceptance Corp (CACC) After 3.3% Rally? GF Value Says Undervalued
On June 08, 2026, Credit Acceptance Corp (CACC) shares rose 3.3% today, closing at $563.15. The stock has seen a 52-week range of $401.90 to $579.80, indicating
Credit Acceptance (CACC) Up 0.3% Since Last Earnings Report: Can It Continue?
Credit Acceptance (CACC) reported earnings 30 days ago. What's next for the stock?
Why Credit Acceptance (CACC) is a Top Momentum Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Credit Acceptance (CACC) Upgraded to Buy: What Does It Mean for the Stock?
Credit Acceptance (CACC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
CACC Q1 Earnings Beat as Revenues Grow Y/Y & Provisions Decline
Credit Acceptance Q1 earnings beat estimates as revenues rise y/y and credit loss provisions fell, though higher operating expenses partly offset gains.
Credit Acceptance Corporation (CACC) Q1 2026 Earnings Call Transcript
Credit Acceptance Corporation (CACC) Q1 2026 Earnings Call Transcript
Credit Acceptance Announces First Quarter 2026 Results
Southfield, Michigan, May 05, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced consolidated net income of $135.8 million, or $12.40 per diluted share, for the three months ended March 31, 2026. Adjusted net income, a non-GAAP financial measure, for the three months ended March 31, 2026 was $117.3 million, or $10.71 per diluted share. The following table summarizes our financial results:
Credit Acceptance Announces Completion Of $450.0 Million Asset-Backed Financing
Southfield, Michigan, May 05, 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 $450.0 million asset-backed non-recourse secured financing (the “Financing”). Pursuant to this transaction, we conveyed loans having a value of approximately $562.6 million to a wholly owned special purpose entity which will transfer the loans to a trust, which will issue three classes of notes:
A Look at Credit Acceptance Corp (CACC) After 3.1% Decline -- GF Value $611.88 vs Price $500.62
On April 29, 2026, Credit Acceptance Corp (CACC) shares fell 3.1%, bringing the current price to $500.62. This decline comes amid a 52-week price range of $401.
Credit Acceptance Announces Timing of First Quarter 2026 Earnings Release and Webcast
Southfield, Michigan, April 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 first quarter 2026 earnings on Tuesday, May 5, 2026, after the market closes. A webcast is scheduled for Tuesday, May 5, 2026, at 5:00 p.m. Eastern Time to discuss first quarter 2026 earnings.
Credit Acceptance Announces Robert Bourrier as Chief Sales Officer
Southfield, Michigan, April 27, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that Robert Bourrier has joined the Company as Chief Sales Officer.
Credit Acceptance Corp (CACC) Stock Down 3.9% -- Now Undervalued? GF Score: 78/100
On April 21, 2026, Credit Acceptance Corp (CACC) shares fell 3.9% today, closing at $521.23. This movement is notable within the context of the stock's performa
A Look at Credit Acceptance Corp (CACC) After 6.8% Gain -- GF Value $607.45 vs Price $527.56
On April 17, 2026, Credit Acceptance Corp (CACC) shares rose 6.8% to a current price of $527.56. The stock has experienced a notable increase over the past mont
Credit Acceptance Named 2026 USA Today Top Workplaces Award Winner
Southfield, Michigan, April 09, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2026 USA Today Top Workplaces award winner for the sixth consecutive year. We made it into the Top 10 again this year, with a #4 ranking in the 1,000-2,499-employee size category.
3 Consumer Loan Stocks That Could Win Big From Industry Tailwinds
While subdued asset quality and macro uncertainty are concerns, lower rates and easier lending criteria are expected to boost the Zacks Consumer Loans industry's prospects. So, firms like CACC, ENVA and ECPG are poised to gain.
Credit Acceptance Appoints Steffen Schumann as Chief Business Officer
Southfield, Michigan, March 19, 2026 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced that Steffen Schumann has joined the Company as Chief Business Officer, reporting to Chief Executive Officer Vinayak Hegde. In this newly created role, Schumann will help drive growth by further strengthening enterprise strategy, unit economics, and enterprise performance management systems.
Price Targets
Credit Acceptance price target raised to $540 from $450 at Stephens
$540.00
(was $494.56)
Stephens
Credit Acceptance price target raised to $500 from $452 at Stephens
$500.00
(was $507.77)
Kyle Joseph
·
Stephens
Credit Suisse Maintains Underperform on Credit Acceptance, Raises Price Target to $460
$460.00
(was $568.64)
Credit Suisse