Credit Acceptance Corporation

Making subprime auto loans is a risky business, but it is very different from the rest of the auto loan market.

fool.com - 2026-07-11 22:15:00

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

zacks.com - 2026-06-23 10:51:39

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.

zacks.com - 2026-06-22 09:31:36

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.

globenewswire.com - 2026-06-10 16:30:00

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.

globenewswire.com - 2026-06-09 16:02:00

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

gurufocus.com - 2026-06-08 19:21:00

Credit Acceptance (CACC) reported earnings 30 days ago. What's next for the stock?

zacks.com - 2026-06-04 12:31:14

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

zacks.com - 2026-05-28 10:50:21

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.

zacks.com - 2026-05-15 13:01:21

Credit Acceptance Q1 earnings beat estimates as revenues rise y/y and credit loss provisions fell, though higher operating expenses partly offset gains.

zacks.com - 2026-05-06 11:22:22

Credit Acceptance Corporation (CACC) Q1 2026 Earnings Call Transcript

seekingalpha.com - 2026-05-06 03:41:20

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:

globenewswire.com - 2026-05-05 16:02:00

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:

globenewswire.com - 2026-05-05 16:01:00

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.

gurufocus.com - 2026-04-29 18:02:00

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.

globenewswire.com - 2026-04-28 16:02:00

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.

globenewswire.com - 2026-04-27 16:02:00

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

gurufocus.com - 2026-04-21 18:55:00