Zacks Research Issues Pessimistic Outlook for CASY Earnings

Casey's General Stores, Inc. (NASDAQ:CASY - Free Report) - Zacks Research dropped their Q4 2025 EPS estimates for Casey's General Stores in a report released on Tuesday, March 25th. Zacks Research analyst S. Singh now anticipates that the company will post earnings per share of $1.86 for the quarter, down from their prior forecast of $2.20. The consensus estimate for Casey's General Stores' current full-year earnings is $13.94 per share. Zacks Research also issued estimates for Casey's General Stores' Q4 2026 earnings at $2.48 EPS.

Casey's General Stores (NASDAQ:CASY - Get Free Report) last released its earnings results on Tuesday, March 11th. The company reported $2.33 earnings per share for the quarter, topping analysts' consensus estimates of $1.76 by $0.57. The company had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.74 billion. Casey's General Stores had a return on equity of 17.17% and a net margin of 3.57%. The firm's quarterly revenue was up 17.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.33 earnings per share.

A number of other analysts have also commented on the stock. StockNews.com lowered shares of Casey's General Stores from a "buy" rating to a "hold" rating in a report on Saturday, March 8th. Royal Bank of Canada set a $438.00 price objective on Casey's General Stores and gave the stock a "sector perform" rating in a research note on Wednesday, March 12th. Gordon Haskett raised Casey's General Stores from a "hold" rating to a "buy" rating in a research note on Thursday, February 13th. BMO Capital Markets restated a "market perform" rating and set a $450.00 price objective (up previously from $400.00) on shares of Casey's General Stores in a report on Wednesday, December 18th. Finally, Evercore ISI increased their target price on shares of Casey's General Stores from $450.00 to $460.00 and gave the stock an "outperform" rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $424.00.

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Casey's General Stores Trading Up 1.4 %

Shares of NASDAQ CASY traded up $5.92 during mid-day trading on Friday, hitting $439.96. The company's stock had a trading volume of 98,177 shares, compared to its average volume of 275,044. Casey's General Stores has a one year low of $306.45 and a one year high of $445.17. The company's fifty day simple moving average is $414.20 and its 200-day simple moving average is $403.56. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.88 and a quick ratio of 0.49. The stock has a market cap of $16.33 billion, a price-to-earnings ratio of 30.67, a price-to-earnings-growth ratio of 2.40 and a beta of 0.87.

Casey's General Stores Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 1st will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend is Thursday, May 1st. Casey's General Stores's dividend payout ratio is currently 13.94%.

Insider Activity

In other news, Director Mike Spanos bought 256 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of $390.54 per share, for a total transaction of $99,978.24. Following the purchase, the director now owns 3,356 shares of the company's stock, valued at approximately $1,310,652.24. This trade represents a 8.26 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.56% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Casey's General Stores

Several large investors have recently modified their holdings of CASY. Sanctuary Advisors LLC raised its holdings in Casey's General Stores by 55.6% in the 4th quarter. Sanctuary Advisors LLC now owns 8,579 shares of the company's stock valued at $3,629,000 after acquiring an additional 3,065 shares during the period. JLB & Associates Inc. increased its stake in shares of Casey's General Stores by 1.8% during the fourth quarter. JLB & Associates Inc. now owns 43,029 shares of the company's stock worth $17,049,000 after purchasing an additional 749 shares during the period. Segall Bryant & Hamill LLC lifted its holdings in Casey's General Stores by 9.1% during the 4th quarter. Segall Bryant & Hamill LLC now owns 53,330 shares of the company's stock worth $21,131,000 after purchasing an additional 4,458 shares during the last quarter. South Dakota Investment Council boosted its stake in Casey's General Stores by 28.0% in the 4th quarter. South Dakota Investment Council now owns 10,065 shares of the company's stock valued at $3,988,000 after purchasing an additional 2,200 shares during the period. Finally, Proficio Capital Partners LLC bought a new stake in Casey's General Stores in the 4th quarter valued at $45,224,000. 85.63% of the stock is owned by institutional investors.

About Casey's General Stores

Casey's General Stores, Inc engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items.