Zacks Research Analysts Increase Earnings Estimates for CASY

Casey’s General Stores, Inc. (NASDAQ:CASY) – Zacks Research boosted their Q1 2026 EPS estimates for shares of Casey’s General Stores in a note issued to investors on Tuesday, March 25th. Zacks Research analyst S. Singh now expects that the company will post earnings of $5.00 per share 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.

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

Several other research firms have also recently weighed in on CASY. StockNews.com cut Casey’s General Stores from a “buy” rating to a “hold” rating in a research note on Saturday, March 8th. Royal Bank of Canada set a $438.00 target price on Casey’s General Stores and gave the stock a “sector perform” rating in a research report on Wednesday, March 12th. BMO Capital Markets reaffirmed a “market perform” rating and set a $450.00 price target (up previously from $400.00) on shares of Casey’s General Stores in a report on Wednesday, December 18th. Gordon Haskett upgraded shares of Casey’s General Stores from a “hold” rating to a “buy” rating in a research note on Thursday, February 13th. Finally, Evercore ISI lowered their price objective on shares of Casey’s General Stores from $460.00 to $450.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $423.09.

Casey’s General Stores Price Performance

Shares of NASDAQ CASY opened at $426.00 on Thursday. The firm has a market cap of $15.81 billion, a P/E ratio of 29.69, a PEG ratio of 2.40 and a beta of 0.87. Casey’s General Stores has a twelve month low of $306.45 and a twelve month high of $445.17. The company has a quick ratio of 0.49, a current ratio of 0.88 and a debt-to-equity ratio of 0.74. The company has a 50 day moving average of $411.74 and a 200 day moving average of $402.14.

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 $0.50 dividend. The ex-dividend date is Thursday, May 1st. This represents a $2.00 annualized dividend and a dividend yield of 0.47%. Casey’s General Stores’s dividend payout ratio (DPR) is 13.94%.

Insider Buying and Selling

In related news, Director Mike Spanos purchased 256 shares of Casey’s General Stores stock in a transaction on Thursday, March 13th. The stock was acquired at an average price of $390.54 per share, for a total transaction of $99,978.24. Following the completion of the transaction, the director now directly owns 3,356 shares in the company, valued at $1,310,652.24. This represents a 8.26 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.56% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. YANKCOM Partnership purchased a new position in Casey’s General Stores during the fourth quarter valued at approximately $34,000. Endeavor Private Wealth Inc. bought a new stake in shares of Casey’s General Stores during the 4th quarter valued at $36,000. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Casey’s General Stores by 24.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 149 shares of the company’s stock valued at $59,000 after buying an additional 29 shares in the last quarter. Heck Capital Advisors LLC bought a new position in Casey’s General Stores in the 4th quarter worth $79,000. Finally, V Square Quantitative Management LLC increased its stake 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 worth $83,000 after buying an additional 52 shares in the last quarter. 85.63% of the stock is currently owned by institutional investors.

Casey’s General Stores Company Profile

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.