Casey’s General Stores, Inc. (NASDAQ:CASY – Free Report) – Investment analysts at KeyCorp increased their Q4 2026 earnings per share (EPS) estimates for shares of Casey’s General Stores in a report issued on Thursday, April 23rd. KeyCorp analyst B. Thomas now expects that the company will post earnings per share of $3.57 for the quarter, up from their previous forecast of $3.20. KeyCorp has a “Overweight” rating and a $860.00 price objective on the stock. The consensus estimate for Casey’s General Stores’ current full-year earnings is $18.16 per share.
Casey’s General Stores (NASDAQ:CASY – Get Free Report) last announced its earnings results on Monday, March 9th. The company reported $3.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.94 by $0.55. Casey’s General Stores had a net margin of 3.83% and a return on equity of 17.56%. The company had revenue of $3.92 billion during the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter in the previous year, the business posted $2.33 earnings per share. Casey’s General Stores’s quarterly revenue was up .3% on a year-over-year basis.
Check Out Our Latest Stock Analysis on Casey’s General Stores
Casey’s General Stores Price Performance
NASDAQ:CASY opened at $822.15 on Friday. Casey’s General Stores has a 52 week low of $430.00 and a 52 week high of $823.61. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.64 and a current ratio of 1.04. The firm’s 50-day simple moving average is $718.23 and its 200 day simple moving average is $626.97. The firm has a market cap of $30.39 billion, a price-to-earnings ratio of 47.20, a P/E/G ratio of 2.54 and a beta of 0.61.
Casey’s General Stores Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, May 1st. Casey’s General Stores’s dividend payout ratio is 13.09%.
Insider Buying and Selling
In other Casey’s General Stores news, insider Katrina S. Lindsey sold 200 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $683.04, for a total transaction of $136,608.00. Following the completion of the transaction, the insider directly owned 4,039 shares in the company, valued at $2,758,798.56. The trade was a 4.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mike Spanos bought 300 shares of the business’s stock in a transaction on Friday, March 13th. The shares were acquired at an average price of $665.43 per share, with a total value of $199,629.00. Following the completion of the purchase, the director directly owned 4,499 shares of the company’s stock, valued at approximately $2,993,769.57. The trade was a 7.14% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.54% of the company’s stock.
Institutional Trading of Casey’s General Stores
Several large investors have recently bought and sold shares of CASY. Cannon Global Investment Management LLC acquired a new stake in shares of Casey’s General Stores in the 3rd quarter valued at approximately $1,018,000. Advisors Capital Management LLC increased its position in Casey’s General Stores by 4.4% during the 3rd quarter. Advisors Capital Management LLC now owns 48,355 shares of the company’s stock worth $27,336,000 after purchasing an additional 2,026 shares in the last quarter. Thrivent Financial for Lutherans increased its position in Casey’s General Stores by 1.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 191,156 shares of the company’s stock worth $108,065,000 after purchasing an additional 1,950 shares in the last quarter. AE Wealth Management LLC lifted its stake in Casey’s General Stores by 82.3% in the 3rd quarter. AE Wealth Management LLC now owns 2,574 shares of the company’s stock valued at $1,456,000 after purchasing an additional 1,162 shares during the last quarter. Finally, Dillon & Associates Inc. boosted its position in Casey’s General Stores by 25.1% in the third quarter. Dillon & Associates Inc. now owns 25,737 shares of the company’s stock valued at $14,541,000 after buying an additional 5,161 shares in the last quarter. 85.63% of the stock is owned by institutional investors and hedge funds.
Casey’s General Stores News Summary
Here are the key news stories impacting Casey’s General Stores this week:
- Positive Sentiment: KeyCorp raised multiple EPS forecasts across FY2026–FY2027 and several quarters (including Q1, Q3 and Q4 2027), reiterated an “Overweight” rating and set an $860 price target — a clear analyst vote of confidence that likely encouraged buying. MarketBeat: KeyCorp updates CASY estimates
- Positive Sentiment: Recent analyst/features coverage (Yahoo) highlights a shifting investment narrative — higher analyst targets and a potential re‑rating on valuation — which can attract momentum investors re‑positioning around growth and multiple expansion. How The Casey’s (CASY) Investment Story Is Shifting With New Analyst Targets And Valuation Narrative
- Positive Sentiment: Independent bullish writeups (The Motley Fool) emphasize Casey’s strong convenience-store model, disciplined management and steady cash flow — narratives that support a premium multiple versus peers. Casey’s General Stores: A Strong Contender in the Convenience Store Sector
- Positive Sentiment: Zacks published a bullish note listing three growth reasons for CASY, reinforcing the view that fundamentals could support future earnings and investor interest. Is Casey’s (CASY) a Solid Growth Stock? 3 Reasons to Think “Yes”
- Neutral Sentiment: Broader retail commentary (Zacks) points to rising consumer confidence, which could help fuel convenience-store traffic and fuel volumes — a supportive macro tail but not unique to Casey’s. Buy Walmart and 3 More Retail Stocks as Consumer Confidence Surges
- Negative Sentiment: Valuation and downside risk: CASY already trades at an elevated P/E (around 47x). If execution slips or fuel/macro pressures re‑emerge, the multiple could compress — a key risk for investors chasing momentum.
About Casey’s General Stores
Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.
The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.
Further Reading
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