Zacks Research Has Bearish Forecast for CASY FY2025 Earnings

Casey’s General Stores, Inc. (NASDAQ:CASY) – Investment analysts at Zacks Research cut their FY2025 EPS estimates for Casey’s General Stores in a report issued on Monday, December 23rd. Zacks Research analyst S. Singh now anticipates that the company will earn $13.88 per share for the year, down from their previous 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.

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, topping 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 business had revenue of $3.95 billion for the quarter, compared to analyst estimates of $4.03 billion. During the same period in the prior year, the company earned $4.24 EPS. The company’s quarterly revenue was down 2.9% compared to the same quarter last year.

Several other analysts have also recently weighed in on the stock. Royal Bank of Canada raised their price objective on shares of Casey’s General Stores from $403.00 to $428.00 and gave the company a “sector perform” rating in a research report on Tuesday, December 10th. Melius Research assumed coverage on Casey’s General Stores in a research note on Monday, September 23rd. They set a “buy” rating and a $435.00 price target for the company. BMO Capital Markets reiterated a “market perform” rating and set a $450.00 price objective (up from $400.00) on shares of Casey’s General Stores in a research report on Wednesday, December 18th. Deutsche Bank Aktiengesellschaft boosted their target price on Casey’s General Stores from $451.00 to $454.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, Benchmark reiterated a “buy” rating and set a $410.00 price target on shares of Casey’s General Stores in a research report on Tuesday, September 10th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $424.00.

Casey’s General Stores Trading Up 1.0 %

Shares of CASY opened at $403.67 on Wednesday. Casey’s General Stores has a 1-year low of $268.07 and a 1-year high of $439.68. The company has a market capitalization of $14.98 billion, a P/E ratio of 28.13 and a beta of 0.80. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.88 and a quick ratio of 0.44. The firm’s 50 day simple moving average is $408.85 and its 200 day simple moving average is $386.27.

Casey’s General Stores Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 17th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Monday, February 3rd. Casey’s General Stores’s dividend payout ratio (DPR) is 13.94%.

Insider Transactions at Casey’s General Stores

In other news, insider Katrina S. Lindsey sold 450 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $427.13, for a total transaction of $192,208.50. Following the transaction, the insider now directly owns 2,247 shares of the company’s stock, valued at approximately $959,761.11. The trade was a 16.69 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.56% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in CASY. Lord Abbett & CO. LLC bought a new stake in shares of Casey’s General Stores during the 3rd quarter valued at about $23,294,000. Logan Capital Management Inc. bought a new stake in Casey’s General Stores during the 3rd quarter valued at approximately $2,049,000. Oddo BHF Asset Management Sas bought a new stake in Casey’s General Stores during the 3rd quarter valued at approximately $899,000. Franklin Resources Inc. raised its position in shares of Casey’s General Stores by 49.9% in the 3rd quarter. Franklin Resources Inc. now owns 524,237 shares of the company’s stock worth $204,861,000 after acquiring an additional 174,586 shares in the last quarter. Finally, Synovus Financial Corp lifted its stake in shares of Casey’s General Stores by 74.4% in the 3rd quarter. Synovus Financial Corp now owns 16,595 shares of the company’s stock valued at $6,235,000 after purchasing an additional 7,078 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, 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.