Q1 EPS Estimate for Casey’s General Stores Raised by Analyst

Casey’s General Stores, Inc. (NASDAQ:CASY) – Equities research analysts at Zacks Research upped their Q1 2027 earnings per share estimates for Casey’s General Stores in a report released on Tuesday, June 23rd. Zacks Research analyst Team now anticipates that the company will post earnings per share of $6.54 for the quarter, up from their prior estimate of $6.28. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Casey’s General Stores’ current full-year earnings is $20.90 per share. Zacks Research also issued estimates for Casey’s General Stores’ Q2 2027 earnings at $6.30 EPS, Q3 2027 earnings at $4.00 EPS, Q4 2027 earnings at $4.28 EPS, FY2027 earnings at $21.12 EPS, Q1 2028 earnings at $6.93 EPS, Q2 2028 earnings at $6.83 EPS, Q3 2028 earnings at $4.53 EPS, FY2028 earnings at $23.11 EPS and FY2029 earnings at $25.37 EPS.

Other equities analysts have also recently issued reports about the stock. Evercore restated an “outperform” rating and issued a $990.00 target price on shares of Casey’s General Stores in a research report on Friday, June 12th. BMO Capital Markets increased their price target on shares of Casey’s General Stores from $700.00 to $950.00 and gave the stock a “market perform” rating in a research report on Thursday, June 11th. Wall Street Zen raised shares of Casey’s General Stores from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. The Goldman Sachs Group restated a “neutral” rating and set a $695.00 price objective on shares of Casey’s General Stores in a research report on Wednesday, June 10th. Finally, Wells Fargo & Company upped their target price on Casey’s General Stores from $910.00 to $960.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Eleven analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $923.00.

Casey’s General Stores Trading Up 0.0%

Shares of Casey’s General Stores stock opened at $831.89 on Wednesday. The company has a market capitalization of $30.75 billion, a price-to-earnings ratio of 43.42, a PEG ratio of 2.52 and a beta of 0.61. The company has a quick ratio of 0.60, a current ratio of 1.01 and a debt-to-equity ratio of 0.59. Casey’s General Stores has a 12-month low of $490.00 and a 12-month high of $927.85. The firm’s 50-day moving average price is $815.33 and its two-hundred day moving average price is $700.66.

Casey’s General Stores (NASDAQ:CASY) last posted its quarterly earnings results on Tuesday, June 9th. The company reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $1.06. Casey’s General Stores had a return on equity of 18.73% and a net margin of 4.07%.The business had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter in the previous year, the firm earned $2.63 earnings per share. Casey’s General Stores’s revenue for the quarter was up 14.5% compared to the same quarter last year.

Hedge Funds Weigh In On Casey’s General Stores

Large investors have recently bought and sold shares of the company. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Casey’s General Stores in the third quarter valued at approximately $25,000. Central Pacific Bank Trust Division raised its holdings in Casey’s General Stores by 52.8% in the 4th quarter. Central Pacific Bank Trust Division now owns 55 shares of the company’s stock valued at $30,000 after buying an additional 19 shares during the last quarter. True Wealth Design LLC boosted its position in Casey’s General Stores by 350.0% during the 4th quarter. True Wealth Design LLC now owns 54 shares of the company’s stock worth $30,000 after buying an additional 42 shares during the period. Whipplewood Advisors LLC acquired a new stake in Casey’s General Stores during the 1st quarter worth approximately $33,000. Finally, ORG Partners LLC grew its holdings in Casey’s General Stores by 47.6% during the 4th quarter. ORG Partners LLC now owns 62 shares of the company’s stock worth $34,000 after acquiring an additional 20 shares during the last quarter. 85.63% of the stock is currently owned by institutional investors.

Casey’s General Stores Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Saturday, August 1st will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Friday, July 31st. This is a boost from Casey’s General Stores’s previous quarterly dividend of $0.57. Casey’s General Stores’s payout ratio is currently 13.57%.

Trending Headlines about Casey’s General Stores

Here are the key news stories impacting Casey’s General Stores this week:

• Positive Sentiment: Zacks Research raised earnings estimates across multiple future periods for Casey’s, including FY2027 to $21.12 per share from $20.08, FY2028 to $23.11 from $22.21, FY2029 to $25.37, and several quarterly estimates as well. Higher profit forecasts can support the stock by reinforcing the company’s earnings growth outlook.
• Neutral Sentiment: Zacks Research kept a Hold rating on Casey’s, so while earnings expectations improved, the firm is not signaling a strong immediate upgrade in valuation sentiment.
• Neutral Sentiment: Capital One Financial recently initiated coverage with an Equal Weight rating and a $896 price target, which suggests limited near-term upside from current levels but also confirms analyst interest in the name.
• Neutral Sentiment: Other recent coverage referenced by the market includes a consensus Moderate Buy view and commentary highlighting Casey’s as a favored consumer/retail operator, adding to the generally constructive long-term backdrop for the stock.

Casey’s General Stores Company Profile

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.