Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report) – Research analysts at Zacks Research reduced their FY2025 earnings per share (EPS) estimates for shares of Casey’s General Stores in a report released on Monday, December 23rd. Zacks Research analyst S. Singh now expects that the company will post earnings of $13.88 per share for the year, down from their previous estimate of $14.38. The consensus estimate for Casey’s General Stores’ current full-year earnings is $14.28 per share. Zacks Research also issued estimates for Casey’s General Stores’ Q1 2026 earnings at $4.70 EPS, Q2 2026 earnings at $4.85 EPS, Q3 2026 earnings at $2.73 EPS, Q4 2026 earnings at $3.05 EPS, FY2026 earnings at $15.33 EPS, Q1 2027 earnings at $5.24 EPS, Q2 2027 earnings at $5.41 EPS and FY2027 earnings at $17.11 EPS.
CASY has been the topic of a number of other research reports. StockNews.com downgraded shares of Casey’s General Stores from a “strong-buy” rating to a “buy” rating in a report on Friday, December 13th. Gordon Haskett assumed coverage on Casey’s General Stores in a research note on Monday, November 4th. They issued a “hold” rating and a $400.00 price objective for the company. Deutsche Bank Aktiengesellschaft boosted their target price on Casey’s General Stores from $451.00 to $454.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Melius Research assumed coverage on Casey’s General Stores in a research note on Monday, September 23rd. They set a “buy” rating and a $435.00 price target for the company. Finally, Benchmark reissued a “buy” rating and issued a $410.00 price objective on shares of Casey’s General Stores in a research note on Tuesday, September 10th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Casey’s General Stores has an average rating of “Moderate Buy” and an average target price of $424.00.
Casey’s General Stores Stock Performance
NASDAQ:CASY opened at $405.48 on Wednesday. The firm’s fifty day simple moving average is $409.21 and its 200-day simple moving average is $386.40. The company has a quick ratio of 0.44, a current ratio of 0.88 and a debt-to-equity ratio of 0.74. The stock has a market cap of $15.05 billion, a PE ratio of 28.26 and a beta of 0.80. Casey’s General Stores has a fifty-two week low of $268.07 and a fifty-two week high of $439.68.
Casey’s General Stores (NASDAQ:CASY – Get Free Report) last announced its quarterly earnings data on Monday, December 9th. The company reported $4.85 earnings per share for the quarter, topping analysts’ consensus estimates of $4.29 by $0.56. Casey’s General Stores had a return on equity of 17.17% and a net margin of 3.57%. The firm had revenue of $3.95 billion for the quarter, compared to analyst estimates of $4.03 billion. During the same quarter in the prior year, the company posted $4.24 earnings per share. Casey’s General Stores’s quarterly revenue was down 2.9% on a year-over-year basis.
Casey’s General Stores Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, February 17th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.50 per share. The ex-dividend date is Monday, February 3rd. This represents a $2.00 annualized dividend and a dividend yield of 0.49%. Casey’s General Stores’s dividend payout ratio is currently 13.94%.
Insider Transactions at Casey’s General Stores
In other news, insider Katrina S. Lindsey sold 450 shares of the firm’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $427.13, for a total transaction of $192,208.50. Following the sale, the insider now owns 2,247 shares in the company, valued at $959,761.11. This trade represents a 16.69 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mike Spanos purchased 500 shares of the stock in a transaction on Monday, December 23rd. The stock was acquired at an average price of $396.76 per share, with a total value of $198,380.00. Following the acquisition, the director now directly owns 3,097 shares in the company, valued at $1,228,765.72. This trade represents a 19.25 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.56% of the company’s stock.
Institutional Trading of Casey’s General Stores
Several institutional investors have recently made changes to their positions in the stock. International Assets Investment Management LLC acquired a new position in Casey’s General Stores in the third quarter valued at $959,880,000. Millennium Management LLC raised its holdings in shares of Casey’s General Stores by 3,846.1% in the 2nd quarter. Millennium Management LLC now owns 172,320 shares of the company’s stock worth $65,750,000 after purchasing an additional 176,920 shares during the period. Franklin Resources Inc. lifted its stake in shares of Casey’s General Stores by 49.9% in the 3rd quarter. Franklin Resources Inc. now owns 524,237 shares of the company’s stock valued at $204,861,000 after purchasing an additional 174,586 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in shares of Casey’s General Stores by 1,819.1% during the 3rd quarter. Benjamin Edwards Inc. now owns 130,291 shares of the company’s stock worth $48,959,000 after purchasing an additional 123,502 shares during the period. Finally, Wellington Management Group LLP increased its position in Casey’s General Stores by 281.4% during the 3rd quarter. Wellington Management Group LLP now owns 164,656 shares of the company’s stock worth $61,863,000 after purchasing an additional 121,488 shares in the last quarter. 85.63% of the stock is owned by hedge funds and other institutional investors.
About Casey’s General Stores
Casey's General Stores, Inc, together with its subsidiaries, operates convenience stores under the Casey's and Casey's General Store names. Its stores offer pizza, donuts, breakfast items, and sandwiches; and tobacco and nicotine products. The company's stores provide soft drinks, energy, water, sports drinks, juices, coffee, and tea and dairy products; beer, wine, and spirits; snacks, candy, packaged bakery, and other food items; ice, ice cream, meals, and appetizers; health and beauty aids, automotive products, electronic accessories, housewares, and pet supplies; and ATM, lotto/lottery, and prepaid cards.
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