Zacks Research Issues Negative Forecast for CASY Earnings

Casey’s General Stores, Inc. (NASDAQ:CASY) – Stock analysts at Zacks Research cut their Q4 2025 earnings estimates for shares of Casey’s General Stores in a research note issued to investors on Tuesday, March 25th. Zacks Research analyst S. Singh now expects that the company will post earnings per share of $1.86 for the quarter, down from their prior estimate 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) last issued its quarterly earnings data 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 company had revenue of $3.90 billion for the quarter, compared to analyst estimates of $3.74 billion. Casey’s General Stores had a net margin of 3.57% and a return on equity of 17.17%. Casey’s General Stores’s revenue was up 17.2% compared to the same quarter last year. During the same period last year, the company posted $2.33 earnings per share.

Other equities analysts have also issued research reports about the company. BMO Capital Markets reiterated a “market perform” rating and issued a $450.00 target price (up previously from $400.00) on shares of Casey’s General Stores in a research note on Wednesday, December 18th. StockNews.com cut shares of Casey’s General Stores from a “buy” rating to a “hold” rating in a report on Saturday, March 8th. Evercore ISI reduced their price objective on shares of Casey’s General Stores from $460.00 to $450.00 and set an “outperform” rating for the company in a research note on Tuesday, March 11th. 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 research report on Wednesday, March 12th. Finally, Gordon Haskett raised shares of Casey’s General Stores from a “hold” rating to a “buy” rating in a report on Thursday, February 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $423.09.

Casey’s General Stores Trading Up 0.3 %

Shares of NASDAQ:CASY opened at $432.00 on Friday. The company has a market capitalization of $16.04 billion, a PE ratio of 30.10, a P/E/G 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 has a 12-month low of $306.45 and a 12-month high of $445.17. The business’s fifty day simple moving average is $413.35 and its 200-day simple moving average is $402.79.

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 given a dividend of $0.50 per share. The ex-dividend date of this dividend is Thursday, May 1st. This represents a $2.00 dividend on an annualized basis and a yield of 0.46%. Casey’s General Stores’s dividend payout ratio is currently 13.94%.

Insider Buying and Selling at Casey’s General Stores

In other Casey’s General Stores news, Director Mike Spanos purchased 256 shares of Casey’s General Stores stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of $390.54 per share, with a total value of $99,978.24. Following the transaction, the director now owns 3,356 shares of the company’s stock, valued at $1,310,652.24. This represents a 8.26 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.56% of the company’s stock.

Institutional Trading of Casey’s General Stores

Several large investors have recently made changes to their positions in CASY. Pathstone Holdings LLC boosted its holdings in Casey’s General Stores by 1.0% in the third quarter. Pathstone Holdings LLC now owns 4,871 shares of the company’s stock valued at $1,830,000 after purchasing an additional 48 shares during the last quarter. Advisors Asset Management Inc. boosted its stake in shares of Casey’s General Stores by 83.5% in the third quarter. Advisors Asset Management Inc. now owns 1,565 shares of the company’s stock worth $588,000 after buying an additional 712 shares during the last quarter. Citigroup Inc. grew its holdings in Casey’s General Stores by 1.9% during the third quarter. Citigroup Inc. now owns 17,852 shares of the company’s stock worth $6,707,000 after acquiring an additional 332 shares during the period. Bank of Montreal Can raised its position in Casey’s General Stores by 66.3% during the third quarter. Bank of Montreal Can now owns 39,381 shares of the company’s stock valued at $14,701,000 after acquiring an additional 15,696 shares in the last quarter. Finally, FMR LLC lifted its holdings in Casey’s General Stores by 3.8% in the third quarter. FMR LLC now owns 1,046,830 shares of the company’s stock valued at $393,305,000 after acquiring an additional 38,226 shares during the period. 85.63% of the stock is owned by hedge funds and other 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.