Credit Acceptance (NASDAQ:CACC) Sets New 12-Month High – Here’s Why

Credit Acceptance Corporation (NASDAQ:CACC) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $565.14 and last traded at $552.8310, with a volume of 69852 shares. The stock had previously closed at $525.67.

Key Headlines Impacting Credit Acceptance

Here are the key news stories impacting Credit Acceptance this week:

• Positive Sentiment: Completion of $450M asset?backed financing improves funding flexibility and de?risks portions of the loan book, which supports growth and liquidity. Credit Acceptance Announces Completion Of $450.0 Million Asset-Backed Financing
• Positive Sentiment: Adjusted earnings showed strength: adjusted net income of $117.3M, or $10.71/share, and consolidated net income of $135.8M ($12.40/share). Management reported year?over?year revenue growth and a decline in credit loss provisions, which investors view as credit quality improvement. Credit Acceptance Announces First Quarter 2026 Results
• Neutral Sentiment: Quarterly coverage and summaries (Yahoo, Seeking Alpha) provide detail for investors and analysts but add no new catalyst beyond the filings and call transcript. Credit Acceptance: Q1 Earnings Snapshot
• Neutral Sentiment: Full earnings call transcript is available for investors digging into guidance, portfolio performance and underwriting commentary — useful for assessing forward credit trends but not an immediate new catalyst. Credit Acceptance Corporation (CACC) Q1 2026 Earnings Call Transcript
• Negative Sentiment: Reported revenue ($406.0M) came in well below Street aggregate revenue expectations (~$580.8M), and GAAP/press?release figures show a small EPS miss on the adjusted metric (reported adjusted EPS roughly in line / tiny miss vs. consensus). The revenue shortfall raises questions on originations, dealer flows or seasonal timing. Credit Acceptance Q1 results (MarketBeat summary)
• Negative Sentiment: Analyst caution: TD Cowen bumped the price target to $500 but assigned a Hold, flagging mounting competitive pressures that could compress returns or market share over time. That commentary tempers the upside despite near?term positives. Credit Acceptance: Mixed Q1, Mounting Competitive Pressures Lead to Hold Rating Despite Price Target Hike to $500

Wall Street Analyst Weigh In

CACC has been the subject of a number of research analyst reports. TD Cowen reissued a “hold” rating on shares of Credit Acceptance in a research report on Wednesday. Weiss Ratings reissued a “hold (c)” rating on shares of Credit Acceptance in a research report on Monday, April 20th. Stephens increased their target price on shares of Credit Acceptance from $450.00 to $540.00 and gave the stock an “equal weight” rating in a research report on Friday, April 17th. Finally, Zacks Research raised shares of Credit Acceptance from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $505.00.

Credit Acceptance Stock Performance

The stock has a market cap of $5.60 billion, a PE ratio of 14.77 and a beta of 1.36. The stock has a fifty day simple moving average of $476.61 and a two-hundred day simple moving average of $468.82. The company has a debt-to-equity ratio of 4.10, a quick ratio of 16.91 and a current ratio of 16.91.

Credit Acceptance (NASDAQ:CACC) last released its quarterly earnings results on Tuesday, May 5th. The credit services provider reported $10.71 earnings per share for the quarter, missing analysts’ consensus estimates of $10.73 by ($0.02). The company had revenue of $406.00 million during the quarter, compared to analysts’ expectations of $580.77 million. Credit Acceptance had a return on equity of 28.86% and a net margin of 18.29%.The firm’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $9.35 EPS. Equities analysts anticipate that Credit Acceptance Corporation will post 47 EPS for the current fiscal year.

Insider Transactions at Credit Acceptance

In other Credit Acceptance news, Director Kenneth Booth sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $534.00, for a total value of $2,136,000.00. Following the completion of the transaction, the director owned 22,832 shares in the company, valued at $12,192,288. This represents a 14.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jonathan Lum sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $535.00, for a total value of $1,605,000.00. Following the completion of the transaction, the chief operating officer owned 31,609 shares of the company’s stock, valued at approximately $16,910,815. This represents a 8.67% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 29,852 shares of company stock worth $15,782,643 over the last 90 days. 6.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Credit Acceptance

Institutional investors and hedge funds have recently made changes to their positions in the business. State of Wyoming purchased a new position in shares of Credit Acceptance during the 4th quarter valued at approximately $27,000. Kestra Advisory Services LLC purchased a new position in shares of Credit Acceptance during the 4th quarter valued at approximately $27,000. Rockefeller Capital Management L.P. boosted its stake in shares of Credit Acceptance by 53.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 69 shares of the credit services provider’s stock valued at $31,000 after buying an additional 24 shares during the last quarter. Allworth Financial LP boosted its stake in shares of Credit Acceptance by 141.9% during the 3rd quarter. Allworth Financial LP now owns 104 shares of the credit services provider’s stock valued at $49,000 after buying an additional 61 shares during the last quarter. Finally, Vestcor Inc purchased a new position in shares of Credit Acceptance during the 3rd quarter valued at approximately $50,000. 81.71% of the stock is currently owned by hedge funds and other institutional investors.

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.