Q1 2025 EPS Estimates for Casey’s General Stores, Inc. (NASDAQ:CASY) Lowered by Zacks Research

Casey’s General Stores, Inc. (NASDAQ:CASY) – Equities research analysts at Zacks Research reduced their Q1 2025 earnings per share estimates for shares of Casey’s General Stores in a report issued on Tuesday, June 25th. Zacks Research analyst S. Singh now forecasts that the company will post earnings of $4.52 per share for the quarter, down from their previous estimate of $4.56. The consensus estimate for Casey’s General Stores’ current full-year earnings is $14.18 per share. Zacks Research also issued estimates for Casey’s General Stores’ Q2 2025 earnings at $4.38 EPS, Q3 2025 earnings at $2.68 EPS, Q4 2025 earnings at $2.57 EPS, FY2025 earnings at $14.15 EPS, Q1 2026 earnings at $4.88 EPS, Q3 2026 earnings at $2.95 EPS, Q4 2026 earnings at $2.78 EPS, FY2026 earnings at $15.36 EPS and FY2027 earnings at $16.93 EPS.

Several other equities analysts have also recently weighed in on CASY. Evercore ISI decreased their price target on shares of Casey’s General Stores from $350.00 to $345.00 and set an “outperform” rating for the company in a research note on Tuesday, April 16th. Wells Fargo & Company raised their target price on shares of Casey’s General Stores from $340.00 to $415.00 and gave the company an “overweight” rating in a research report on Thursday, June 13th. Benchmark increased their price objective on shares of Casey’s General Stores from $350.00 to $410.00 and gave the stock a “buy” rating in a research note on Thursday, June 13th. Northcoast Research downgraded Casey’s General Stores from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 15th. Finally, StockNews.com cut Casey’s General Stores from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 20th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, Casey’s General Stores presently has an average rating of “Moderate Buy” and a consensus price target of $380.11.

Casey’s General Stores Stock Up 0.2 %

NASDAQ:CASY opened at $381.69 on Thursday. The stock has a 50-day simple moving average of $338.35 and a 200 day simple moving average of $308.16. Casey’s General Stores has a 52-week low of $222.21 and a 52-week high of $389.43. The company has a market cap of $14.16 billion, a PE ratio of 28.42, a PEG ratio of 2.76 and a beta of 0.83. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.42 and a current ratio of 0.87.

Casey’s General Stores (NASDAQ:CASY) last issued its quarterly earnings data on Tuesday, June 11th. The company reported $2.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.64. The company had revenue of $3.60 billion during the quarter, compared to the consensus estimate of $3.47 billion. Casey’s General Stores had a net margin of 3.38% and a return on equity of 17.25%. The firm’s revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.49 earnings per share.

Institutional Investors Weigh In On Casey’s General Stores

A number of institutional investors have recently modified their holdings of CASY. BKM Wealth Management LLC acquired a new stake in Casey’s General Stores in the 4th quarter worth about $29,000. Rise Advisors LLC acquired a new stake in Casey’s General Stores during the first quarter worth approximately $30,000. Advisors Asset Management Inc. bought a new position in Casey’s General Stores during the 1st quarter worth $32,000. V Square Quantitative Management LLC acquired a new position in Casey’s General Stores in the 4th quarter valued at $35,000. Finally, McGlone Suttner Wealth Management Inc. bought a new stake in shares of Casey’s General Stores during the 4th quarter valued at $36,000. Institutional investors own 85.63% of the company’s stock.

Casey’s General Stores Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Thursday, August 1st will be given a dividend of $0.50 per share. This is a boost from Casey’s General Stores’s previous quarterly dividend of $0.43. The ex-dividend date is Thursday, August 1st. This represents a $2.00 annualized dividend and a yield of 0.52%. Casey’s General Stores’s dividend payout ratio (DPR) is presently 12.81%.

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.