Credit Acceptance Corp (CACC)
NASDAQ · Finance, Insurance & Real Estate · Personal credit institutions
CACC price, last 12 months
Key stats
- Previous close
- $547.40
- Open
- $551.44
- Day range
- $547.59 – $563.05
- 52-week range
- $401.90 – $668.86
- Volume
- 144.6K
- Avg volume (20 days)
- 124.5K
- Market cap
- $5.8B
Performance
Technicals and fundamentals
About Credit Acceptance Corp
Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far a source of revenue.
- Sector
- Finance, Insurance & Real Estate
- Industry
- Personal credit institutions
- Listed on
- NASDAQ
- Market cap
- $5.8B