Credit Acceptance (CACC) Expected to Announce Quarterly Earnings on Tuesday

Credit Acceptance (NASDAQ:CACC) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $10.31 per share and revenue of $570.25 million for the quarter.

Credit Acceptance (NASDAQ:CACC) last announced its quarterly earnings results on Thursday, January 30th. The credit services provider reported $10.17 earnings per share for the quarter, beating the consensus estimate of $7.70 by $2.47. Credit Acceptance had a net margin of 11.46% and a return on equity of 29.01%. On average, analysts expect Credit Acceptance to post $53 EPS for the current fiscal year and $60 EPS for the next fiscal year.

Credit Acceptance Stock Performance

Shares of CACC opened at $443.32 on Tuesday. Credit Acceptance has a 52 week low of $409.22 and a 52 week high of $614.96. The company has a debt-to-equity ratio of 3.63, a quick ratio of 20.33 and a current ratio of 20.33. The stock has a 50 day moving average price of $491.98 and a two-hundred day moving average price of $480.81. The firm has a market capitalization of $5.33 billion, a P/E ratio of 22.32 and a beta of 1.27.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on CACC shares. StockNews.com raised shares of Credit Acceptance from a “hold” rating to a “buy” rating in a report on Friday, January 31st. Stephens upped their price objective on shares of Credit Acceptance from $452.00 to $500.00 and gave the stock an “equal weight” rating in a research report on Friday, January 31st.

Insiders Place Their Bets

In other news, insider Nicholas J. Elliott sold 300 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $502.00, for a total transaction of $150,600.00. Following the completion of the transaction, the insider now directly owns 19,385 shares of the company’s stock, valued at $9,731,270. This represents a 1.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Douglas W. Busk sold 3,000 shares of Credit Acceptance stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $515.97, for a total transaction of $1,547,910.00. Following the completion of the sale, the insider now directly owns 3,112 shares in the company, valued at $1,605,698.64. This trade represents a 49.08 % decrease in their position. The disclosure for this sale can be found here. Insiders own 5.30% of the company’s stock.

Credit Acceptance Company Profile

Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. The company 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.