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Date | Price Target | Rating | Analyst |
---|---|---|---|
11/13/2024 | $452.00 | Equal-Weight | Stephens |
11/1/2023 | $360.00 | Underperform | TD Cowen |
2/1/2022 | $411.00 → $428.00 | Market Perform | BMO Capital |
11/2/2021 | $380.00 → $420.00 | Underperform | Credit Suisse |
11/2/2021 | $295.00 → $355.00 | Market Underperform | JMP Securities |
11/2/2021 | $470.00 → $519.00 | Equal-Weight | Stephens & Co. |
7/30/2021 | $330.00 → $360.00 | Underperform | Credit Suisse |
7/6/2021 | $310.00 → $330.00 | Underperform | Credit Suisse |
Southfield, Michigan, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that it has delivered a conditional notice of redemption to the trustee for the Company's 6.625% senior notes due 2026 (the "2026 notes"). The notice of redemption calls for the redemption of all of the outstanding $400.0 million aggregate principal amount of 2026 notes (the "redemption") on February 28, 2025, in accordance with the terms of the indenture governing the 2026 notes. The redemption is conditioned upon the Company's receipt, prior to the redemption date (or on the redemption date at or prio
Southfield, Michigan , Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that it priced $500.0 million aggregate principal amount of its 6.625% senior notes due 2030 (the "notes") in its previously announced offering at an issue price of 100% of the principal amount of the notes. The $500.0 million aggregate principal amount of the notes represents an increase in the offering size from the previously announced $400.0 million. The closing of the sale of the notes is expected to occur on or about February 28, 2025, subject to customary closing conditions. We intend to use the
Southfield, Michigan, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that it plans to offer $400.0 million aggregate principal amount of senior notes due 2030 (the "notes"). We intend to use the net proceeds from the offering of the notes, together with cash on hand, to fund the redemption of all of our $400.0 million outstanding 6.625% senior notes due 2026 (the "2026 notes"), in accordance with the terms of the indenture governing the 2026 notes, and the payment of fees and expenses in connection therewith. Pending this application of the net proceeds from the offering
SC 13D/A - CREDIT ACCEPTANCE CORP (0000885550) (Subject)
SC 13D/A - CREDIT ACCEPTANCE CORP (0000885550) (Subject)
SC 13D/A - CREDIT ACCEPTANCE CORP (0000885550) (Subject)
ABS-15G - CREDIT ACCEPTANCE CORP (0000885550) (Filer)
8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)
8-K - CREDIT ACCEPTANCE CORP (0000885550) (Filer)
4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)
4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)
4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)
4 - CREDIT ACCEPTANCE CORP (0000885550) (Issuer)
Stephens initiated coverage of Credit Acceptance Corp. with a rating of Equal-Weight and set a new price target of $452.00
TD Cowen initiated coverage of Credit Acceptance Corp. with a rating of Underperform and set a new price target of $360.00
BMO Capital reiterated coverage of Credit Acceptance with a rating of Market Perform and set a new price target of $428.00 from $411.00 previously
Southfield, Michigan, April 29, 2021 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") today announced that Brett A. Roberts, the Company's Chief Executive Officer and President and a member of the Company's Board of Directors, will retire at the close of business on May 3, 2021. The Board of Directors has unanimously elected and appointed the Company's Chief Financial Officer, Kenneth S. Booth, as the Company's new Chief Executive Officer and President and as a director, effective May 3, 2021. Tom Tryforos, the Company's Lead Director, said "I think I speak for all at Credit Acceptance in saying that
Southfield, Michigan, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that we expect to issue a news release with our fourth quarter 2024 earnings on Thursday, January 30, 2025, after the market closes. A webcast is scheduled for Thursday, January 30, 2025, at 5:00 p.m. Eastern Time to discuss fourth quarter 2024 earnings. Conference Call and Webcast Information:Date: Thursday, January 30, 2025Time: 5:00 p.m. Eastern Time Telephone Access: Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To particip
Southfield, Michigan, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that we expect to issue a news release with our third quarter 2024 earnings on Wednesday, October 30, 2024, after the market closes. A webcast is scheduled for Thursday, October 31, 2024, at 8:30 a.m. Eastern Time to discuss third quarter 2024 earnings. Conference Call and Webcast Information:Date: Thursday, October 31, 2024Time: 8:30 a.m. Eastern Time Telephone Access: Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To par
Southfield, Michigan , July 26, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (NASDAQ:CACC) (referred to as the "Company", "Credit Acceptance", "we", "our", or "us") announced today that we expect to issue a news release with our second quarter 2024 results on Wednesday, July 31, 2024, after the market closes. A webcast is scheduled for Wednesday, July 31, 2024, at 5:00 p.m. Eastern Time to discuss second quarter 2024 results. Conference Call and Webcast Information:Date: Wednesday, July 31, 2024Time: 5:00 p.m. Eastern Time Telephone Access: Only persons accessing the webcast by telephone will be able to pose questions to the presenters during the webcast. To participa