Stephens initiated coverage on Credit Acceptance Corp. with a new price target
$CACC
Finance: Consumer Services
Finance
Stephens initiated coverage of Credit Acceptance Corp. with a rating of Equal-Weight and set a new price target of $452.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2026 | $460.00 | Sell → Hold | TD Cowen |
| 11/13/2024 | $452.00 | Equal-Weight | Stephens |
| 11/1/2023 | $360.00 | Underperform | TD Cowen |
| 2/1/2022 | $411.00 → $428.00 | Market Perform | BMO Capital |
| 11/2/2021 | $380.00 → $420.00 | Underperform | Credit Suisse |
| 11/2/2021 | $295.00 → $355.00 | Market Underperform | JMP Securities |
| 11/2/2021 | $470.00 → $519.00 | Equal-Weight | Stephens & Co. |
| 7/30/2021 | $330.00 → $360.00 | Underperform | Credit Suisse |
SCHEDULE 13G/A - CREDIT ACCEPTANCE CORP (0000885550) (Subject)
144 - CREDIT ACCEPTANCE CORP (0000885550) (Subject)
8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)
4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)
4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)
4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)
TD Cowen upgraded Credit Acceptance Corp. from Sell to Hold and set a new price target of $460.00
Stephens initiated coverage of Credit Acceptance Corp. with a rating of Equal-Weight and set a new price target of $452.00
TD Cowen initiated coverage of Credit Acceptance Corp. with a rating of Underperform and set a new price target of $360.00
4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)
NEW YORK, June 5, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 22, 2026, to coincide with the quarterly rebalance. The changes ensure that each index is more representative of its market capitalization range. The companies being removed from S&P MidCap 400 and S&P SmallCap 600 are no longer representative of the mid-cap and small-cap market space, respectively. Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex Name ActionCompany NameTickerGICS SectorJune 22, 2026
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: (In millions, except per share data) For the Three Months Ended March 31, 2026 December 31, 2025 March 31, 2025GAAP net income $ 135.8 $ 122.0 $ 106.3 GAAP net income per dil
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: Note Class Amount Average Life Price Interest Rate A $248,750,000 2.50 years 99.99851% 4.65% B $91,320,000 3.20 years 99.97864% 4.96% C $109,930,000 3.62 years 99.98232% 5.28%
NEW YORK, June 5, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 22, 2026, to coincide with the quarterly rebalance. The changes ensure that each index is more representative of its market capitalization range. The companies being removed from S&P MidCap 400 and S&P SmallCap 600 are no longer representative of the mid-cap and small-cap market space, respectively. Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective DateIndex Name ActionCompany NameTickerGICS SectorJune 22, 2026
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. His responsibilities will include leading enterprise business planning, pricing strategy, advanced analytics, and the continued evolution of dealer scorecarding and enterprise performance frameworks—with the goal
Southfield, Michigan, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") today announced that Kenneth S. Booth, Chief Executive Officer and President and a member of the Company's Board of Directors, will retire as of January 31, 2026. Mr. Booth will remain a member of the Company's Board of Directors. The Board of Directors has unanimously elected and appointed Vinayak R. Hegde as the Company's next Chief Executive Officer and President, effective November 13, 2025. As of this date, Mr. Booth will transition to Executive Board Member. Mr. Hegde currently serves on the Company's Board of D
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. Conference Call and Webcast Information:Date: Tuesday, May 5, 2026Time: 5:00 p.m. Eastern Time Telephone Access: Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participate by telephone, y
Southfield, Michigan, Jan. 22, 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 fourth quarter 2025 earnings on Thursday, January 29, 2026, after the market closes. A webcast is scheduled for Thursday, January 29, 2026, at 5:00 p.m. Eastern Time to discuss fourth quarter 2025 earnings. Conference Call and Webcast Information:Date: Thursday, January 29, 2026Time: 5:00 p.m. Eastern Time Telephone Access: Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To particip
Southfield, Michigan, Oct. 23, 2025 (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 third quarter 2025 earnings on Thursday, October 30, 2025, after the market closes. A webcast is scheduled for Thursday, October 30, 2025, at 5:00 p.m. Eastern Time to discuss third quarter 2025 earnings. Conference Call and Webcast Information:Date: Thursday, October 30, 2025Time: 5:00 p.m. Eastern Time Telephone Access: Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participat
SC 13D/A - CREDIT ACCEPTANCE CORP (0000885550) (Subject)
SC 13D/A - CREDIT ACCEPTANCE CORP (0000885550) (Subject)
SC 13D/A - CREDIT ACCEPTANCE CORP (0000885550) (Subject)