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NASDAQ: CACC
Credit Acceptance (CACC) stock, explained like you're 5
Credit Acceptance trades on the Nasdaq under the ticker CACC. It is a mid cap company in the consumer services industry, part of the financial services sector, with a market value of about 5.7 billion dollars.
- Ticker
- CACC
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Consumer Services
- Size
- Mid cap, about 5.7 billion dollars
Is Credit Acceptance a small, medium or large cap company?
No. Credit Acceptance is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 5.7 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Credit Acceptance makes money
- Interest earned on loans minus interest paid on deposits.
- Fees for payments, advice, trading and insurance.
- Investment returns on the money they manage.
What moves CACC stock
- Interest rates and the health of the economy.
- How many borrowers fail to repay loans.
- Rules from regulators and market activity.
In the news lately
- Credit Acceptance Corporation (CACC) Stock Price, News, Quote & History (Yahoo! Finance Canada)
- Credit Acceptance: A Proven Underwriter, Priced About Right (Hold) (NASDAQ:CACC) (Seeking Alpha)
- Credit Acceptance matches its largest ever $600 million loan backed deal (Stock Titan)
- Is Earnings Miss Altering The Investment Case For Credit Acceptance Stock (CACC)? (Simply Wall Street)
- CACC: Credit Acceptance Corp. Latest Stock Price, Analysis, News and Trading Ideas (Stocktwits)
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Questions about Credit Acceptance stock
What does Credit Acceptance do?
Credit Acceptance trades on the Nasdaq under the ticker CACC. It is a mid cap company in the consumer services industry, part of the financial services sector, with a market value of about 5.7 billion dollars.
What is the ticker symbol for Credit Acceptance?
Credit Acceptance trades under the ticker CACC on the Nasdaq.
What is Credit Acceptance's market cap?
Credit Acceptance is a mid cap stock with a market cap of about 5.7 billion dollars.
How does Credit Acceptance make money?
Interest earned on loans minus interest paid on deposits. Fees for payments, advice, trading and insurance. Investment returns on the money they manage.
What moves CACC stock?
Interest rates and the health of the economy. How many borrowers fail to repay loans. Rules from regulators and market activity.
How can I follow CACC stock every day?
Add CACC to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.