Zacks Research Has Negative Outlook of CASY FY2025 Earnings

Casey’s General Stores, Inc. (NASDAQ:CASY) – Analysts at Zacks Research lowered their FY2025 EPS estimates for shares of Casey’s General Stores in a research note issued on Monday, December 23rd. Zacks Research analyst S. Singh now expects that the company will earn $13.88 per share for the year, down from their prior 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.

A number of other brokerages also recently weighed in on CASY. Melius Research initiated coverage on shares of Casey’s General Stores in a report on Monday, September 23rd. They set a “buy” rating and a $435.00 target price on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Casey’s General Stores from $451.00 to $454.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Evercore ISI boosted their price target on Casey’s General Stores from $460.00 to $470.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. Benchmark reaffirmed a “buy” rating and issued a $410.00 price objective on shares of Casey’s General Stores in a research report on Tuesday, September 10th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $450.00 price target (up previously from $400.00) on shares of Casey’s General Stores in a research note on Wednesday, December 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Casey’s General Stores has a consensus rating of “Moderate Buy” and a consensus price target of $424.00.

Casey’s General Stores Price Performance

NASDAQ CASY opened at $403.67 on Wednesday. Casey’s General Stores has a 12-month low of $268.07 and a 12-month high of $439.68. The firm’s 50 day moving average is $408.85 and its 200-day moving average is $386.27. The company has a market capitalization of $14.98 billion, a PE ratio of 28.13 and a beta of 0.80. The company has a quick ratio of 0.44, a current ratio of 0.88 and a debt-to-equity ratio of 0.74.

Casey’s General Stores (NASDAQ:CASY) last announced its earnings results on Monday, December 9th. The company reported $4.85 earnings per share for the quarter, beating 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 company had revenue of $3.95 billion during the quarter, compared to analyst estimates of $4.03 billion. During the same period last year, the company posted $4.24 earnings per share. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year.

Casey’s General Stores Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 17th. Shareholders of record on Monday, February 3rd will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 0.50%. The ex-dividend date is Monday, February 3rd. Casey’s General Stores’s dividend payout ratio is presently 13.94%.

Insider Buying and Selling at Casey’s General Stores

In other news, insider Katrina S. Lindsey sold 450 shares of the stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $427.13, for a total value of $192,208.50. Following the completion of the sale, the insider now owns 2,247 shares of the company’s stock, valued at approximately $959,761.11. This represents a 16.69 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Innealta Capital LLC acquired a new position in Casey’s General Stores in the second quarter valued at $32,000. Venturi Wealth Management LLC increased its stake in shares of Casey’s General Stores by 941.7% in the 3rd quarter. Venturi Wealth Management LLC now owns 125 shares of the company’s stock valued at $47,000 after acquiring an additional 113 shares in the last quarter. V Square Quantitative Management LLC lifted its position in shares of Casey’s General Stores by 22.5% during the 3rd quarter. V Square Quantitative Management LLC now owns 158 shares of the company’s stock valued at $59,000 after acquiring an additional 29 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in Casey’s General Stores in the second quarter valued at $68,000. Finally, Quarry LP acquired a new stake in Casey’s General Stores in the second quarter valued at approximately $72,000. Institutional investors and hedge funds own 85.63% of the company’s stock.

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.