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Credit Acceptance Corp (CACC) NPV

Sell:$550.02 Buy:$551.56 Change: $1.68 (0.30%)
NASDAQ:0.12%
Market closed |  Prices as at close on 28 March 2024 | Switch to live prices |
Sell:$550.02
Buy:$551.56
Change: $1.68 (0.30%)
Market closed |  Prices as at close on 28 March 2024 | Switch to live prices |
Sell:$550.02
Buy:$551.56
Change: $1.68 (0.30%)
Market closed |  Prices as at close on 28 March 2024 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Credit Acceptance Corporation is engaged in offering that enable automobile dealers to sell vehicles to consumers. The Company’s financing programs are offered through a nationwide network of automobile dealers. Its loan portfolio consists of two portfolio segments: dealer loans and purchased loans. The Company offers two programs: the Portfolio Program and the Purchase Program. Under the Portfolio Program, the Company advances money to dealers in exchange for the right to service the underlying consumer loans. Under the Purchase Program, the Company buys the consumer loans from the dealers and keeps all amounts collected from the consumer. Its target market consists of approximately 60,000 independent and franchised automobile dealers in the United States. The Company has market area managers located throughout the United States that market its programs to dealers, enroll new dealers, and support active dealers.

Contact details

Address:
25505 W 12 Mile Rd
SOUTHFIELD
48034-1846
United States
Telephone:
+1 (248) 3532700
Website:
www.creditacceptance.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
CACC
ISIN:
US2253101016
Market cap:
$6.78 billion
Shares in issue:
12.30 million
Sector:
Consumer Finance
Exchange:
NASDAQ
Country:
United States
Currency:
US dollar
Indices:
NASDAQ Comb. Composite

Key personnel

  • Kenneth Booth
    President, Chief Executive Officer, Director
  • Jay Martin
    Chief Financial Officer
  • Jonathan Lum
    Chief Operating Officer
  • Wendy Rummler
    Chief People Officer
  • Ravi Mohan
    Chief Technology Officer
  • Andrew Rostami
    Chief Marketing and Product Officer
  • Erin Kerber
    Chief Compliance Officer, Secretary, Chief Legal Officer
  • Douglas Busk
    Chief Treasury Officer
  • Arthur Smith
    Chief Analytics Officer
  • Daniel Ulatowski
    Chief Sales Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.