Zacks Research Analysts Increase Earnings Estimates for CASY

Casey’s General Stores, Inc. (NASDAQ:CASY) – Equities researchers at Zacks Research upped their Q1 2026 earnings estimates for shares of Casey’s General Stores in a research report issued to clients and investors on Tuesday, March 25th. Zacks Research analyst S. Singh now forecasts that the company will post earnings per share of $5.00 for the quarter, up from their prior forecast of $4.70. 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’ Q2 2026 earnings at $5.21 EPS, Q3 2026 earnings at $2.77 EPS, FY2026 earnings at $15.46 EPS, Q1 2027 earnings at $5.45 EPS, Q2 2027 earnings at $5.68 EPS, Q3 2027 earnings at $3.02 EPS and FY2027 earnings at $16.85 EPS.

CASY has been the subject of a number of other reports. Evercore ISI lowered their price objective on Casey’s General Stores from $460.00 to $450.00 and set an “outperform” rating for the company in a research report on Tuesday, March 11th. StockNews.com downgraded shares of Casey’s General Stores from a “buy” rating to a “hold” rating in a research report on Saturday, March 8th. Gordon Haskett upgraded shares of Casey’s General Stores from a “hold” rating to a “buy” rating in a research report on Thursday, February 13th. Royal Bank of Canada set a $438.00 target price on shares of Casey’s General Stores and gave the company a “sector perform” rating in a report on Wednesday, March 12th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $450.00 price target (up from $400.00) on shares of Casey’s General Stores in a report on Wednesday, December 18th. 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $423.09.

Casey’s General Stores Stock Up 0.3 %

Shares of CASY opened at $432.00 on Thursday. The stock’s 50-day moving average price is $413.35 and its two-hundred day moving average price is $402.79. Casey’s General Stores has a 12 month low of $306.45 and a 12 month high of $445.17. The company has a market capitalization of $16.04 billion, a PE ratio of 30.10, a PEG ratio of 2.40 and a beta of 0.87. The company has a current ratio of 0.88, a quick ratio of 0.49 and a debt-to-equity ratio of 0.74.

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

Institutional Trading of Casey’s General Stores

Hedge funds have recently bought and sold shares of the business. YANKCOM Partnership acquired a new position in Casey’s General Stores during the fourth quarter worth $34,000. Endeavor Private Wealth Inc. acquired a new position in shares of Casey’s General Stores during the fourth quarter valued at about $36,000. MassMutual Private Wealth & Trust FSB increased its position in shares of Casey’s General Stores by 24.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 149 shares of the company’s stock worth $59,000 after acquiring an additional 29 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in shares of Casey’s General Stores in the 4th quarter worth about $79,000. Finally, V Square Quantitative Management LLC lifted its position in Casey’s General Stores by 32.9% in the 4th quarter. V Square Quantitative Management LLC now owns 210 shares of the company’s stock valued at $83,000 after acquiring an additional 52 shares in the last quarter. Institutional investors and hedge funds own 85.63% of the company’s stock.

Insider Buying and Selling at Casey’s General Stores

In other news, Director Mike Spanos bought 256 shares of the stock in a transaction dated Thursday, March 13th. The shares were bought at an average cost of $390.54 per share, with a total value of $99,978.24. Following the completion of the transaction, the director now directly owns 3,356 shares of the company’s stock, valued at $1,310,652.24. This trade represents a 8.26 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.56% of the company’s stock.

Casey’s General Stores Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be issued a $0.50 dividend. The ex-dividend date is Thursday, May 1st. This represents a $2.00 annualized dividend and a yield of 0.46%. Casey’s General Stores’s payout ratio is currently 13.94%.

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.