Credit Acceptance (NASDAQ:CACC – Get Free Report) is expected to be announcing its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Credit Acceptance to announce earnings of $12.20 per share and revenue of $588.0670 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 5:00 PM ET.
Credit Acceptance (NASDAQ:CACC – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The credit services provider reported $10.71 earnings per share for the quarter, missing the consensus estimate of $10.73 by ($0.02). The firm had revenue of $406.00 million during the quarter, compared to the consensus estimate of $580.77 million. Credit Acceptance had a net margin of 19.49% and a return on equity of 29.95%. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $9.35 earnings per share. On average, analysts expect Credit Acceptance to post $48 EPS for the current fiscal year and $54 EPS for the next fiscal year.
Credit Acceptance Trading Down 3.7%
Credit Acceptance stock opened at $552.73 on Tuesday. Credit Acceptance has a 52-week low of $401.90 and a 52-week high of $668.86. The company has a quick ratio of 13.62, a current ratio of 13.62 and a debt-to-equity ratio of 4.09. The firm has a market capitalization of $5.78 billion, a price-to-earnings ratio of 13.74 and a beta of 1.36. The firm has a 50-day moving average price of $590.55 and a two-hundred day moving average price of $520.56.
Insider Buying and Selling
Hedge Funds Weigh In On Credit Acceptance
A number of institutional investors and hedge funds have recently added to or reduced their stakes in CACC. Invesco Ltd. raised its stake in shares of Credit Acceptance by 32.6% in the 4th quarter. Invesco Ltd. now owns 19,304 shares of the credit services provider’s stock worth $8,561,000 after buying an additional 4,747 shares in the last quarter. Corient Private Wealth LLC boosted its stake in Credit Acceptance by 33.6% during the fourth quarter. Corient Private Wealth LLC now owns 1,132 shares of the credit services provider’s stock valued at $502,000 after buying an additional 285 shares in the last quarter. XTX Topco Ltd grew its holdings in Credit Acceptance by 149.1% during the fourth quarter. XTX Topco Ltd now owns 1,704 shares of the credit services provider’s stock worth $756,000 after acquiring an additional 1,020 shares during the period. Smith Thomas W acquired a new position in Credit Acceptance during the fourth quarter worth about $42,083,000. Finally, Cetera Investment Advisers grew its holdings in Credit Acceptance by 6.3% during the fourth quarter. Cetera Investment Advisers now owns 508 shares of the credit services provider’s stock worth $225,000 after acquiring an additional 30 shares during the period. 81.71% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
CACC has been the subject of several analyst reports. Stephens boosted their price objective on Credit Acceptance from $450.00 to $540.00 and gave the stock an “equal weight” rating in a research report on Friday, April 17th. Weiss Ratings raised Credit Acceptance from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 16th. TD Cowen boosted their price target on Credit Acceptance from $500.00 to $575.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. Finally, Zacks Research cut Credit Acceptance from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $557.50.
Read Our Latest Research Report on CACC
About Credit Acceptance
Credit Acceptance Corporation, founded in 1972 and headquartered in Southfield, Michigan, is a specialty finance company focused on the indirect automotive lending market. The company partners with independent and franchised auto dealers to facilitate purchase financing for consumers who may not qualify for traditional prime auto loans. By purchasing retail installment contracts originated by these dealers, Credit Acceptance provides capital and credit insurance to support vehicle sales, enabling dealers to broaden their customer base and reduce credit risk.
Through its proprietary underwriting platform and risk management strategies, Credit Acceptance evaluates borrower applications, structures credit plans, and retains servicing rights on the acquired contracts.
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