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Credit Acceptance - CACC Stock Price Target and Predictions

  • Consensus Rating: Reduce
  • Consensus Price Target: $381.75
  • Forecasted Upside: -30.26%
  • Number of Analysts: 3
  • Breakdown:
  • 1 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$547.40 As of 04/15/2024 01:00 AM ET
▼ -7.11 (-1.28%)

This chart shows the closing price for CACC by one month, three months, or twelve months.

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Analyst Price Target for CACC

Analyst Price Target is $381.75
▼ -30.26% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Credit Acceptance in the last 3 months. The average price target is $381.75, with a high forecast of $440.00 and a low forecast of $347.00. The average price target represents a -30.26% upside from the last price of $547.40.

This chart shows the closing price for CACC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Reduce

The current consensus among 3 contributing investment analysts is to reduce stock in Credit Acceptance. This Reduce consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
10/24/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
1/22/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
4/22/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
7/21/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
10/19/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
1/17/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
3/17/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
4/16/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/1/2023TD CowenInitiated CoverageUnderperform$360.00Low
10/31/2023BMO Capital MarketsLower TargetMarket Perform ➝ Market Perform$354.00 ➝ $347.00Low
10/31/2023StephensReiterated RatingEqual Weight ➝ Equal Weight$440.00Low
5/2/2023Credit Suisse GroupLower Target$400.00 ➝ $380.00Low
5/2/2023StephensLower Target$442.00 ➝ $440.00Low
3/9/2023StephensReiterated RatingEqual Weight$442.00Low
2/1/2023BMO Capital MarketsBoost TargetMarket Perform$360.00 ➝ $380.00Low
11/3/2022BMO Capital MarketsLower TargetMarket Perform$477.00 ➝ $364.00Low
11/2/2022StephensLower TargetEqual Weight$519.00 ➝ $442.00Low
11/2/2022Credit Suisse GroupLower TargetUnderperform$430.00 ➝ $410.00Low
10/13/2022Credit Suisse GroupLower Target$430.00Low
8/2/2022Credit Suisse GroupLower TargetUnderperform$460.00 ➝ $440.00Low
5/3/2022Credit Suisse GroupBoost Target$440.00 ➝ $460.00High
2/1/2022BMO Capital MarketsBoost TargetMarket Perform$411.00 ➝ $428.00High
11/2/2021StephensBoost TargetEqual Weight$470.00 ➝ $519.00High
11/2/2021JMP SecuritiesBoost TargetMarket Underperform$295.00 ➝ $355.00High
11/2/2021Credit Suisse GroupBoost TargetUnderperform$380.00 ➝ $420.00High
7/30/2021Credit Suisse GroupBoost TargetUnderperform$330.00 ➝ $360.00Medium
7/7/2021BMO Capital MarketsReiterated RatingNeutral ➝ Hold$399.00High
7/6/2021Credit Suisse GroupBoost TargetUnderperform$310.00 ➝ $330.00Low
5/3/2021BMO Capital MarketsBoost TargetMarket Perform$377.00 ➝ $399.00High
8/11/2020Jefferies Financial GroupReiterated RatingHold$450.00Low
7/31/2020Credit Suisse GroupBoost TargetUnderperform$200.00 ➝ $240.00Medium
7/31/2020Janney Montgomery ScottUpgradeSell ➝ Neutral$394.00High
5/29/2020BMO Capital MarketsBoost Target$316.00 ➝ $337.00Medium
5/28/2020Janney Montgomery ScottLower TargetBuy ➝ Sell$177.00 ➝ $170.00High
4/6/2020BTIG ResearchLower TargetSell$190.00 ➝ $160.00High
4/3/2020JMP SecuritiesLower TargetMarket Underperform$350.00 ➝ $150.00Medium
3/19/2020BTIG ResearchLower TargetSell$340.00 ➝ $190.00High
3/13/2020BMO Capital MarketsLower TargetMarket Perform$448.00 ➝ $419.00High
2/2/2020Credit Suisse GroupReiterated RatingSell$390.00Medium
1/31/2020Janney Montgomery ScottDowngradeNeutral ➝ SellHigh
1/3/2020StephensUpgradeUnderweight ➝ Equal WeightLow
11/14/2019Credit Suisse GroupBoost TargetUnderperform$380.00 ➝ $390.00Low
11/5/2019BMO Capital MarketsLower TargetMarket Perform ➝ In-Line$472.00High
8/1/2019BMO Capital MarketsBoost TargetMarket Perform$484.00Medium
7/31/2019BTIG ResearchReiterated RatingSell$340.00High
7/31/2019Credit Suisse GroupSet TargetUnderperform$355.00 ➝ $380.00Low
4/30/2019StephensBoost TargetEqual Weight ➝ Equal Weight$381.00 ➝ $495.00Low
(Data available from 4/16/2019 forward)

News Sentiment Rating

1.19 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 14 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/19/2023
  • 5 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/19/2023
  • 14 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/18/2023
  • 10 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/18/2023
  • 10 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/17/2024
  • 22 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/16/2024
  • 13 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/17/2024
  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/16/2024

Current Sentiment

  • 5 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Credit Acceptance logo
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. It is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. The company serves independent and franchised automobile dealers. Credit Acceptance Corporation was incorporated in 1972 and is headquartered in Southfield, Michigan.
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Today's Range

Now: $547.40
Low: $545.40
High: $560.29

50 Day Range

MA: $552.41
Low: $535.20
High: $572.49

52 Week Range

Now: $547.40
Low: $379.77
High: $616.66

Volume

61,444 shs

Average Volume

62,794 shs

Market Capitalization

$6.73 billion

P/E Ratio

24.86

Dividend Yield

N/A

Beta

1.45

Frequently Asked Questions

What sell-side analysts currently cover shares of Credit Acceptance?

The following Wall Street research analysts have issued reports on Credit Acceptance in the last twelve months: BMO Capital Markets, Credit Suisse Group AG, Stephens, StockNews.com, TD Cowen, and TheStreet.
View the latest analyst ratings for CACC.

What is the current price target for Credit Acceptance?

4 Wall Street analysts have set twelve-month price targets for Credit Acceptance in the last year. Their average twelve-month price target is $381.75, suggesting a possible downside of 30.3%. Stephens has the highest price target set, predicting CACC will reach $440.00 in the next twelve months. BMO Capital Markets has the lowest price target set, forecasting a price of $347.00 for Credit Acceptance in the next year.
View the latest price targets for CACC.

What is the current consensus analyst rating for Credit Acceptance?

Credit Acceptance currently has 1 sell rating and 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Reduce."
View the latest ratings for CACC.

What other companies compete with Credit Acceptance?

Other companies that are similar to Credit Acceptance include SLM, Nelnet, OneMain, Enova International and AGNC Investment. Learn More about companies similar to Credit Acceptance.

How do I contact Credit Acceptance's investor relations team?

Credit Acceptance's physical mailing address is 25505 W. Twelve Mile Road, Southfield MI, 48034. The credit services provider's listed phone number is (248) 353-2700 and its investor relations email address is [email protected]. The official website for Credit Acceptance is www.creditacceptance.com. Learn More about contacing Credit Acceptance investor relations.