Credit Acceptance Named One of PEOPLE Magazine’s 100 Companies That Care® for Fifth Consecutive Year
Credit Acceptance Corporation has been recognized by PEOPLE Magazine and Great Place To Work® as one of the 100 Companies That Care® for the fifth consecutive year, ranking 11th. The company's CEO, Vinayak Hegde, highlighted their commitment to treating people with respect and making a positive community impact through various initiatives, including philanthropic efforts and supporting team members. This recognition follows other workplace awards, including a high ranking on Fortune's 100 Best Companies to Work For® list.
Credit Acceptance Corporation (CACC): Neary reports 6.3% stake via trust on Schedule 13G/A
John P. Neary, as co-trustee of the Marital Trust U/A Donald A. Foss Trust, has reported a beneficial ownership of 652,797 shares of Credit Acceptance Corporation (CACC) common stock. This stake represents 6.3% of the company's outstanding shares, with all voting and dispositive authority over these shares being shared. The filing is an amended passive investment disclosure (Schedule 13G/A), indicating no intent to change or influence the control of the issuer.
Credit Acceptance Corp (CACC) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Credit Acceptance Corp (CACC), detailing its current price momentum score, support and resistance levels, and indicator readings. It shows a neutral signal based on technical indicators but strong buy signals from moving averages. The analysis helps investors understand CACC's short-term trading potential within a defined range.
Credit Acceptance names former Amazon AI executive as CTO
Credit Acceptance Corporation announced the appointment of Jeetu Mirchandani, a former Amazon AI executive, as its new Chief Technology Officer, effective August 27, 2026. Mirchandani brings over two decades of technology leadership from Amazon, where he specialized in applied AI, supply chain technology, personalization, and e-commerce. In his new role, he will lead Credit Acceptance's engineering organization and technology strategy, aiming to leverage his extensive experience for the automotive financing solutions provider.
Credit Acceptance Announces New Chief Technology Officer to Advance Digital-First, AI-Enabled Business Evolution
Credit Acceptance Corporation (CACC) has appointed Jeetu Mirchandani as its new Chief Technology Officer, effective August 27, 2026. Mirchandani, with over two decades of leadership experience at Amazon, will spearhead the company's engineering and technology strategy, focusing on accelerating its digital-first, AI-enabled evolution. This strategic hire aims to enhance customer and dealer experiences and drive long-term shareholder value through innovation and advanced AI applications.
Credit Acceptance Announces New Chief Technology Officer to Advance Digital-First, AI-Enabled Business Evolution
Credit Acceptance Corporation announced that Jeetu Mirchandani, an executive with over two decades of experience at Amazon in technology and AI, will join as Chief Technology Officer on August 27, 2026. Mirchandani will lead the company's engineering and technology strategy, focusing on accelerating its digital-first, AI-enabled evolution to enhance customer and dealer experiences. His extensive background includes leading large-scale organizations, driving innovation, and applying emerging technologies to solve complex business challenges, which Credit Acceptance believes will be crucial for its transformation and long-term shareholder value.
Amazon’s Applied AI Head Will Join Credit Acceptance Aug. 27
Credit Acceptance (Nasdaq: CACC) has appointed Jeetu Mirchandani, a veteran technology and AI executive from Amazon, as its new Chief Technology Officer, effective August 27, 2026. Mirchandani will lead the company's Engineering organization and technology strategy to accelerate its digital-first, AI-enabled evolution. His extensive background at Amazon includes leading large-scale engineering and AI teams, influencing AI transformation strategy, and contributing to significant business impacts through automation and productivity gains.
Credit Acceptance Corp (CACC) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Credit Acceptance Corp (CACC), detailing its current earnings forecast score, average price target, and analyst ratings. It highlights that analysts have a "Hold" recommendation for the stock, with an expected revenue of $594.57M for the next quarter and a price target of $463.50. The piece also includes a peer comparison and answers frequently asked questions regarding CACC's financial performance.
Credit Acceptance Corp (CACC) Stock News Today
This article provides the current stock information for Credit Acceptance Corp (CACC), including its real-time price, market capitalization, and P/E ratio. It indicates that more news will be coming soon, and directs users to TradingKey for updates on earnings, analyst ratings, and key developments.
Insider Kenneth S. Booth of CACC (NASDAQ: CACC) plans sale of 2,547 shares
Kenneth S. Booth, an insider at CACC, has filed a Form 144 notice indicating his intention to sell 2,547 shares of common stock on or after August 6, 2026. This planned sale is connected to a stock option exercise for cash. The filing also reports previous sales by Booth of 4,000 shares each on five separate dates in May 2026.
Credit Acceptance Corp. originations steady in Q2
Credit Acceptance Corp.'s originations volume saw a slight increase on a dollar basis in Q2, driven by new dealer sign-ups and technology initiatives. While dollar volume rose by 0.1% year-over-year to $1 billion, unit volume dipped by 1% to 84,615. The subprime lender also added 1,456 new dealers and enhanced its deal structuring processes during the quarter.
Credit Acceptance Sends 67% of June Calls to AI Agent
Credit Acceptance (CACC) reported strong second-quarter 2026 results with GAAP net income of $135.9 million and adjusted net income of $130.1 million, surpassing the previous year. The company saw its dealer network grow to a record 11,004 active dealers and significantly advanced its AI strategy, with 67% of June's inbound customer calls handled by an AI agent, up from 27% in March. Despite a slight decline in Consumer Loan unit volume, dollar volume increased, and share repurchases totaled $141.4 million.
Earnings call transcript: Credit Acceptance tops Q2 2026 EPS forecast, shares rise
Credit Acceptance Corporation reported strong Q2 2026 earnings, surpassing EPS forecasts, with GAAP net income up 71% and adjusted net income up 21%. The company's shares rose significantly, driven by lower credit-loss provisions, stronger loan yields, and an improved dealer network, despite a challenging non-prime auto lending market. Management emphasized a focus on profitable growth, data-driven strategies, and ongoing improvements in pricing and segmentation.
CREDIT ACCEPTANCE CORP 2Q 2026: Revenue $587.4M, EPS $12.66— 10-Q Summary
CREDIT ACCEPTANCE CORP (CACC) reported strong second-quarter 2026 results, with revenue reaching $587.4M and diluted EPS at $12.66, significantly up from $7.42 a year prior. This growth was primarily driven by lower operating expenses and reduced credit loss provisions. The company also saw record dealer enrollment and made significant operational advancements with AI integration and a new deal optimization tool.
Credit Acceptance Q2 Earnings Call Highlights
Credit Acceptance (NASDAQ:CACC) reported a significant increase in second-quarter earnings, with GAAP net income up 71% to $135.9 million and adjusted net income up 21% to $130.1 million, driven by lower credit-loss provisions and higher yields on newer loans. The company saw improved loan volume trends and expanded its dealer base, despite management's cautious outlook on credit performance. Credit Acceptance is also heavily investing in data and AI initiatives to enhance its underwriting, pricing, dealer engagement, and collections processes for "profitable growth."
Credit Acceptance earnings on deck amid subprime loan stress
Credit Acceptance (CACC) is set to announce its second-quarter earnings, with analysts anticipating sequential improvement despite a challenging subprime auto loan environment. The company faces the worst delinquency rates in over three decades, leading investors to focus on management's updated loan performance assumptions, volume trends, and the impact of its digital-first strategy. Despite strong historical profitability, the market is cautious about CACC's growth prospects amid tightening credit conditions for subprime lenders.
Credit Acceptance Shareholder Notice
Faruqi & Faruqi, LLP is investigating potential claims against Credit Acceptance Corporation (NASDAQ:CACC) and reminds investors of the December 1, 2020 deadline to seek lead plaintiff status in a federal securities class action lawsuit. The lawsuit alleges that Credit Acceptance made false or misleading statements regarding its business practices, including topping off loan pools with higher-risk loans, making unaffordable subprime auto loans, and engaging in illegal debt collection. This investigation follows a lawsuit filed by the Massachusetts Attorney General in August 2020, which led to an 18% drop in Credit Acceptance's share price.
HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Credit Acceptance (CACC) Investors to Contact Its Attorneys, AG Claims Company Misled Investors, Sold Unfair and Illegally High Interest Loans, and Engaged in Illegal Debt Collection Practic
Hagens Berman is encouraging investors of Credit Acceptance Corp. (CACC) to contact its attorneys due to an ongoing investigation into potential securities fraud. The investigation focuses on allegations that Credit Acceptance misled investors, sold unfair and illegally high-interest loans, and engaged in illegal debt collection practices. This follows reports from Citron Research, an investigation by the U.S. Bureau of Consumer Financial Protection, and a lawsuit filed by the Massachusetts Attorney General.
Credit Acceptance Deadline Alert
Faruqi & Faruqi, LLP is investigating potential claims against Credit Acceptance Corporation (NASDAQ: CACC) and reminds investors of the December 1, 2020 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit. The lawsuit alleges that Credit Acceptance made false and/or misleading statements regarding its loan practices, including "topping off" loan pools with higher-risk loans, making unaffordable subprime auto loans, and engaging in illegal debt collection. These issues led to regulatory scrutiny from the Massachusetts Attorney General, causing a significant drop in the company's stock price.
Credit Acceptance Corp (CACC) CFO reports holding 26,223 common shares
Credit Acceptance Corp's Chief Financial Officer, Joseph Billante III, has reported an initial direct ownership of 26,223 common shares in the company. This Form 3 filing indicates his current holdings but does not involve any recent buy or sell transactions. The report clarifies that these shares are directly owned by the CFO, with no indirect holdings or associated trading plans.
Credit Acceptance Corp (CACC) Financial Health: Profitability & Balance Sheet Analysis
Credit Acceptance Corp (CACC) has a current financial score of 7.98, placing it 173rd out of 395 in the Banking Services industry, indicating stable financial health and average operating efficiency. The company reported a quarterly revenue of $580.00 million, a 1.56% year-over-year increase, and a net profit increase of 27.75%. While the financial status is stable, several detailed financial metrics are not yet disclosed by the company.
CACC|Credit Acceptance Corp|Price:572.496|Chg%:+3.586
This article provides a comprehensive stock analysis of Credit Acceptance Corp (CACC), highlighting its relatively healthy fundamentals, high growth potential, and fair valuation. Despite recent weak stock market performance, the company shows strong fundamentals with high revenue and profit growth. Institutional ownership is high, and analysts currently rate the stock as "Hold" with a target price of $591.67, suggesting stable medium-term performance.
ETFs Investing in Credit Acceptance Corporation Stocks
This article lists various Exchange Traded Funds (ETFs) that hold stocks of Credit Acceptance Corporation. The list is sorted by market value and provides details such as issuer, management style, expense ratio, assets under management (AUM), and price performance (NAV total return 3Y) for each ETF, making it easier for investors to identify relevant funds. The ETFs largely focus on small-cap and extended market segments, with a mix of passive and active management styles.
Credit Acceptance Corp (CACC) Institutional Confidence
The article details the institutional confidence in Credit Acceptance Corp (CACC). CACC has an institutional shareholding score of 7.00, placing it 70th out of 394 in the Banking Services industry, with institutional ownership increasing by 5.48% quarter-over-quarter. The largest institutional shareholder is Bill Smead, holding 161.24K shares.
Credit Acceptance Announces Timing of Second Quarter 2026 Earnings Release and Webcast
Credit Acceptance Corporation (Nasdaq: CACC) has announced that its second quarter 2026 earnings release will be issued on Tuesday, August 4, 2026, after the market closes. A webcast for discussing these earnings is scheduled for the same day at 5:00 p.m. Eastern Time. The company provides innovative financing solutions for vehicle ownership and aims to improve customers' credit scores.
Credit Acceptance Number of Employees 2026 | Employee Count & Headcount Data
Credit Acceptance Corp. (CACC) has approximately 2,309 employees globally as of March 2026, marking a 1.4% growth since 2023 but a 4.3% decline year-over-year in 2026. The company is actively hiring, with 130 job postings in 2026, and its workforce is primarily concentrated in North America. The average salary is $103,565, with employee sentiment being neutral but improving.
Credit Acceptance Q2 Results: Earnings release and webcast set for Aug 4
Credit Acceptance Corporation (NASDAQ: CACC) is scheduled to release its second-quarter 2026 earnings after market close on Tuesday, August 4, 2026. A webcast will follow at 5:00 p.m. Eastern Time to discuss the results, accessible through the company's investor relations website. Investors can also pre-register for telephone access to pose questions during the live session.
Credit Acceptance Announces Timing of Second Quarter 2026 Earnings Release and Webcast
Credit Acceptance Corporation announced that it will release its second quarter 2026 earnings on Tuesday, August 4, 2026, after market close. A webcast and conference call are scheduled for the same day at 5:00 p.m. Eastern Time to discuss the earnings. The company, trading on Nasdaq under CACC, provides innovative financing solutions to enable automobile dealers to sell vehicles to consumers regardless of their credit history.
A webcast will cover Credit Acceptance's Q2 earnings Aug. 4
Credit Acceptance (NASDAQ: CACC) announced its second quarter 2026 earnings release is scheduled for Tuesday, August 4, 2026, after the market closes. The company will also host a webcast on the same day at 5:00 p.m. Eastern Time to discuss the results, which investors can access via the Investor Relations section of their website. Pre-registration is required for telephone participants.
Credit Acceptance Announces Timing of Second Quarter 2026 Earnings Release and Webcast
Credit Acceptance Corporation announced that its second quarter 2026 earnings release is scheduled for Tuesday, August 4, 2026, after market close. A webcast will follow on the same day at 5:00 p.m. Eastern Time to discuss the results. The company provides indirect financing programs to automobile dealers, enabling them to sell vehicles to consumers with various credit histories.
Credit Acceptance Corp (CACC) Valuation: PE, PB & Fair Value Analysis
The article provides a valuation analysis for Credit Acceptance Corp (CACC), noting its current valuation score of 7.60, which ranks it 230 out of 394 in the Banking Services industry. The company's P/E ratio stands at 13.52, significantly below its recent high but above its recent low. Other relevant P/B, P/S, and P/CF data have not yet been disclosed by the company.
BlackRock discloses 6.0% Credit Acceptance Corp (CACC) ownership in Schedule 13G
BlackRock, Inc. has filed a Schedule 13G reporting beneficial ownership of 629,737 shares of Credit Acceptance Corp (CACC) common stock, which represents 6.0% of the class as of June 30, 2026. The filing indicates BlackRock holds sole voting power over 619,098 shares and sole dispositive power over all 629,737 shares. No single underlying client of BlackRock owns more than five percent of Credit Acceptance's outstanding common shares.
Credit Acceptance Corp (CACC) Shareholder Structure: Major Shareholders & Institutional Holdings
This article details the shareholder structure of Credit Acceptance Corp (CACC), listing both major individual/entity shareholders and institutional holdings. It provides a breakdown of shareholder types, institutional ownership trends over several quarters, and recent shareholder activities and changes in holdings. Additionally, it lists ETFs with CACC as a constituent.
Credit Acceptance names new CMO, announces executive changes
Credit Acceptance Corporation (NASDAQ:CACC) has appointed Siddharth Lal as its new Chief Marketing Officer, responsible for marketing, product development, customer insights, and dealer/consumer engagement, aligning with the company's digital-first strategy. The company also announced that Andrew Rostami and Ravi Mohan will step down as Chief Product and Marketing Officer and Chief Technology Officer, respectively, on August 14, 2026. Additionally, Kenneth Booth retired from the board of directors, reducing its size from six to five members.
Credit Acceptance Corporation Leadership Changes to Enhance Digital Strategy
Credit Acceptance Corporation has appointed Siddharth Lal as its new Chief Marketing Officer to lead a digital-first strategy and foster long-term growth. Lal brings over 20 years of experience from T-Mobile, where he focused on customer growth and market positioning. The company also plans to hire a new Chief Technology Officer by late August and experienced a board retirement from Kenneth Booth, reducing its board size.
Credit Acceptance Announces Leadership Changes to Advance Digital-First Strategy
Credit Acceptance Corporation has announced significant leadership changes to further its digital-first strategy. Siddharth Lal joins as Chief Marketing Officer, integrating customer, dealer, product, and brand efforts, while the company prepares to announce a new Chief Technology Officer. These appointments coincide with the departures of Andrew Rostami and Ravi Mohan, and the retirement of Kenneth Booth from the Board of Directors, aiming to align leadership with the company's next phase of growth and evolution.
Credit Acceptance Board Shrinks to Five as Booth Retires
Credit Acceptance Corporation (CACC) announced significant leadership changes to advance its digital-first strategy, including the appointment of Siddharth Lal as Chief Marketing Officer with oversight of Product. The company is also hiring a new Chief Technology Officer, while the current Chief Product and Marketing Officer, Andrew Rostami, and Chief Technology Officer, Ravi Mohan, will step down on August 14, 2026. Additionally, former CEO Kenneth Booth retired from the board on July 21, 2026, reducing the board size from six to five members.
Credit Acceptance Corp (CACC) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article provides a revenue breakdown for Credit Acceptance Corp (CACC), noting that relevant data for FY2025 by business segment and region has not yet been disclosed by the company, except for a reported 2.32 billion USD revenue from the United States. The company's stock information, including its market cap and P/E TTM, is also presented.
Credit Acceptance Announces Leadership Changes to Advance Digital-First Strategy
Credit Acceptance Corporation announced significant leadership changes to further its digital-first strategy, including the appointment of Siddharth Lal as Chief Marketing Officer. These changes also involve the departure of Andrew Rostami and Ravi Mohan, and the retirement of Kenneth Booth from the board. The company aims to enhance customer insights, dealer engagement, and product innovation for continued growth.
Credit Acceptance Announces Leadership Changes to Advance Digital-First Strategy
Credit Acceptance Corporation (CACC) has announced leadership changes to advance its digital-first strategy, including the appointment of Siddharth Lal as Chief Marketing Officer. The company is also hiring a new Chief Technology Officer, and current Chief Product and Marketing Officer Andrew Rostami and Chief Technology Officer Ravi Mohan will step down. Additionally, Kenneth Booth has retired from the company's board of directors.
CACC|Credit Acceptance Corp|Price:574.080|Chg%:-18.490
This article provides a detailed company profile of Credit Acceptance Corporation (CACC), an automobile finance company. It outlines their business model, which involves providing financing solutions to dealers selling vehicles to consumers through Portfolio and Purchase Programs. The article also lists key company information, executive details including shareholdings, and institutional ownership data for CACC.
Credit Acceptance CTO Ravi Mohan to Resign; Separation and Advisory Terms Announced
Credit Acceptance announced that Chief Technology Officer Ravi Mohan will resign effective August 14, 2026, and separate from the company on October 25, 2026. The separation is by mutual agreement, and Mohan will enter into an advisory agreement, receiving a monthly consulting fee and being eligible for vesting of certain RSUs and options.
Credit Acceptance Corp (CACC) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Credit Acceptance Corp (CACC), highlighting its earnings forecast score of 6.00, which ranks 285 out of 394 in the Banking Services industry. Analysts have assigned an average price target of 463.50 with a "Hold" rating based on 3 analysts. The article also details expected revenue, EPS, and provides a peer comparison.
CACC|Credit Acceptance Corp|Price:574.080|Chg%:-18.490
Credit Acceptance Corp (CACC) is trading at $574.08, down 3.12% after hours, with a market cap of $6.13 billion and a P/E TTM of 14.05. The company specializes in providing financing solutions for automobile dealers, offering both Portfolio and Purchase Programs. Despite a recent weak stock market performance, CACC maintains healthy fundamentals, high growth potential with revenue growing 21.84% year-on-year, and high institutional ownership.
Kenneth S. Booth resigns from Credit Acceptance board
Credit Acceptance (CACC) announced that director Kenneth S. Booth resigned from the company's board, effective July 21, 2026. This resignation reduced the board's size from six to five directors. The company stated the resignation was not due to any disagreement with Credit Acceptance or its management.
Form DEF 14A Credit Acceptance Corporation For: 22 July By Investing.com
This article announces the filing of Form DEF 14A by Credit Acceptance Corporation (CACC) for July 22, 2026. The content is primarily a corporate filing announcement with minimal additional details. It indicates the document is available for public viewing.
Kenneth S. Booth resigns from Credit Acceptance board
Credit Acceptance announced that director Kenneth S. Booth resigned from the company's board, effective July 21, 2026. The resignation was not due to any disagreement with the company or its management, and it resulted in the board size being reduced from six to five directors. This information is based on an SEC filing from July 22, 2026.
Billionaire Scion Jill Foss Watson Sells Nearly $1M in Credit Acceptance Shares. What Does This Mean for Investors Now?
Jill Foss Watson, an insider at Credit Acceptance Corporation, sold 1,436 shares worth approximately $920,000 on July 16, 2026. While insider selling can cause concern, this particular transaction is not necessarily bearish, as Watson is a scion of the founder with potentially limited operational involvement and holds significant indirect interests in the company through a trust. Analysts anticipate a 27% increase in net income for Credit Acceptance in 2026, suggesting a positive outlook for the company despite this insider sale.
Credit Acceptance 10% Owner Trades $919K In Company Stock
Jill Foss Watson, a 10% owner of Credit Acceptance (NASDAQ: CACC), sold 1,436 shares of company stock for a total value of $919,788. This insider trade was revealed in an SEC Form 4 filing on July 20, with Credit Acceptance shares trading down 1.67% at $620.09 following the news. The article also provides key financial indicators and valuation metrics for Credit Acceptance, underscoring the importance of insider activity as a potential signal for investors.
Insider at Credit Acceptance Corp (CACC) sells 1,436 trust-held shares
Jill Foss Watson, a ten percent owner at Credit Acceptance Corp (CACC), indirectly sold a total of 1,436 shares of common stock on July 16, 2026. The shares were held in the Jill Foss Watson Irrevocable Trust and sold in three separate transactions at weighted average prices between $640.00 and $642.08 per share. This sale was not executed under a Rule 10b5-1 trading plan.
