|Bid||377.62 x 1100|
|Ask||379.88 x 1000|
|Day's range||372.96 - 383.99|
|52-week range||199.00 - 498.06|
|Beta (5Y monthly)||1.21|
|PE ratio (TTM)||11.11|
|Earnings date||28 Jul 2020 - 03 Aug 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||210.29|
Hagens Berman urges investors in Credit Acceptance Corporation (CACC) to submit their losses now. The investigation concerns Credit Acceptance’s repeated assurances, as recently as Feb. 11, 2020, that the company maintained in all material respects effective internal controls over financial reporting. On Mar. 25, 2020, Citron Research published a report (1) highlighting the steep upward trend in subprime auto loan delinquencies, (2) observing “[o]ver the years CACC has been taking on riskier and lower return loans and hiding the true volatility of its earnings through aggressive accounting,” and (3) questioning the accuracy of the reported book value of the company’s loans.
Image source: The Motley Fool. Credit Acceptance Corp (NASDAQ: CACC)Q1 2020 Earnings CallMay 27, 2020, 7:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, everyone and welcome to the Credit Acceptance Corporation First Quarter 2020 Earnings Call.
A drastic rise in credit costs hurt Credit Acceptance's (CACC) Q1 results.
Credit Acceptance (CACC) delivered earnings and revenue surprises of -211.08% and 14.64%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Southfield, Michigan, May 27, 2020 -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced a.
The webcast can be accessed live by visiting the “Investor Relations” section of our website at ir.creditacceptance.com or by dialing 877-303-2904. Additionally, a replay and transcript of the webcast will be archived in the “Investor Relations” section of our website. Since 1972, Credit Acceptance has offered financing programs that enable automobile dealers to sell vehicles to consumers, regardless of their credit history.
Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors is investigating claims of violations of federal securities laws on behalf of investors of Credit Acceptance Corporation (“Credit Acceptance” or the “Company”) (CACC). Credit Acceptance provides funding, receivables management, collection, sales training, and related services to automobile dealers and provides indirect financing for buyers with limited access to traditional sources of consumer credit. On March 25, 2020, Citron Research published a report highlighting the steep increase in subprime auto loan delinquencies, accusing Credit Acceptance of “taking on riskier and lower return loans and hiding the true volatility of its earnings through aggressive accounting.”
A special advertisement in the Sunday, May 3, 2020 edition of the Las Vegas Review-Journal highlighted Credit Acceptance as a top workplace. To see the complete list of 2020 Nevada Top Workplaces, visit the Las Vegas Business Press website.
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Credit Acceptance Corporation.
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Credit Acceptance Corporation (NASDAQ: CACC) resulting from allegations that Credit Acceptance may have issued materially misleading business information to the investing public.
Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Credit Acceptance Corporation (NASDAQ: CACC) on behalf of Credit Acceptance stockholders. Our investigation concerns whether Credit Acceptance has violated the federal securities laws and/or engaged in other unlawful business practices.
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Credit Acceptance Corporation ("Credit Acceptance" or the "Company") (NASDAQ: CACC) investors concerning the Company and its officers’ possible violations of the federal securities laws.
The Law Offices of Frank R. Cruz announces an investigation on behalf of Credit Acceptance Corporation ("Credit Acceptance" or the "Company") (NASDAQ: CACC) investors concerning the Company and its officers’ possible violations of federal securities laws.
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Credit Acceptance Corporation (CACC) on Behalf of Investors
Credit Acceptance (CACC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Credit Acceptance Corporation (CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has earned an additional award based on a ranking released by Great Place to Work® and Fortune. Credit Acceptance was named to the 2020 Best Workplaces in Financial Services & Insurance list for the sixth year in a row. Credit Acceptance earned this ranking based on team members’ responses to questions describing the extent to which we create a Great Place to Work For All.
Credit Acceptance (CACC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Credit Acceptance Corporation (CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the completion of a $500.0 million asset-backed non-recourse secured financing (the “Financing”). Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing.
Southfield, Michigan, Feb. 19, 2020 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named, for the seventh year in a row, as one of the Fortune 100 Best Companies to Work For, according to global research and consulting firm Great Place to Work and Fortune. The list recognizes companies that have exceptional workplace cultures. To determine the Fortune 100 Best Companies to Work For® list, Great Place to Work® analyzed responses from more than 650,000 employees at Great Place to Work-Certified™ organizations across the country.
Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today the redemption of all of the Company’s 7.375% senior notes due 2023 (the “2023 notes”) in accordance with the terms of the indenture governing the 2023 notes (the “2023 notes indenture”). The Company has provided an irrevocable notice to U.S. Bank National Association, the trustee under the 2023 notes indenture, of the Company’s election to redeem all of the outstanding 2023 notes on March 15, 2020, in accordance with the terms of the 2023 notes indenture, at a redemption price equal to 101.844% of the principal amount thereof.
Credit Acceptance Corporation (CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named one of the Best and Brightest Companies to Work For® in the nation. This is the eighth year in a row that Credit Acceptance has won this honor. To see the complete 2019 List of the Best and Brightest Companies to Work For®, visit thebestandbrightest.com.
Higher credit cost and increase in operating expenses hurt Credit Acceptance's (CACC) Q4 earnings, while rise in revenues offers some support.
Credit Acceptance (CACC) delivered earnings and revenue surprises of -4.02% and -0.69%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?