CACC
489.78 USD
-1.34%
Today
-0.05%
1D
Market is closed
Sun
Closed
Mon
4:30 PM ~ 10:59 PM
Tue
4:30 PM ~ 10:59 PM
Wed
4:30 PM ~ 10:59 PM
Thu
4:30 PM ~ 10:59 PM
Fri
4:30 PM ~ 10:59 PM
Sat
Closed
Information
Name
Credit Acceptance
Currency
USD
Market Cap
4.87B
Avg Daily Volume
113.23K
52 Week High
668.86 USD
52 Week Low
401.9 USD
Trading Hours
See hours
Business Summary
Credit Acceptance Corporation engages in the provision of financing programs, and related products and services in the United States. It 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. The company is also involved in the business of reinsuring coverage under vehicle service contracts sold to consumers by dealers on vehicles financed by the company. It serves independent and franchised automobile dealers. The company was founded in 1972 and is headquartered in Southfield, Michigan.
Top News
Credit.Acceptance
-1.31%
5 revealing analyst questions from Credit Acceptance’s Q3 earnings call
finance.yahoo.com
1d ago
Credit.Acceptance
-1.31%
Credit Acceptance Stock After A Net Loss And Lower Cash Flow Outlook
finance.yahoo.com
3d ago
Credit.Acceptance
-1.31%
TD Cowen maintains Credit Acceptance at Hold, lowers price target to $470 from $590
tradingview.com
4d ago
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Frequently Asked Questions
What are financial stocks?
Financial stocks include companies like banks, insurance firms, investment services, and fintechs. They play a critical role in the economy by facilitating credit, investment, and wealth management.
How do interest rates affect financial stocks?
Financials often benefit from rising interest rates, which can increase net interest margins for banks and improve profitability.
Why are financials important in a trading portfolio?
Financial stocks can offer strong dividends, sector stability, and exposure to macroeconomic trends like interest rate policy and GDP growth.
What risks are associated with financial sector investing?
Regulatory changes, credit risk, economic downturns, and interest rate volatility can all impact financial companies' earnings and stock prices.
