Casey's General Stores (CASY) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Casey's General Stores in the last twelve months. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CASY shares.
View CASY analyst ratings or view top-rated stocks.

10 Wall Street research analysts have issued 12 month price objectives for Casey's General Stores' stock. Their CASY share price forecasts range from $211.00 to $294.00. On average, they expect the company's stock price to reach $261.20 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price.
View analysts price targets for CASY or view top-rated stocks among Wall Street analysts.

Casey's General Stores' stock was trading at $224.35 at the beginning of the year. Since then, CASY shares have increased by 0.6% and is now trading at $225.65.
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Casey's General Stores saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 933,400 shares, a decline of 8.5% from the April 30th total of 1,020,000 shares. Based on an average daily volume of 240,300 shares, the days-to-cover ratio is presently 3.9 days.
View Casey's General Stores' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 6th 2023.
View our CASY earnings forecast.

Casey's General Stores will be holding an earnings conference call on Wednesday, June 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Casey's General Stores, Inc. (NASDAQ:CASY) posted its quarterly earnings data on Wednesday, March, 8th. The company reported $2.36 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.53. The business had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.35 billion. Casey's General Stores had a trailing twelve-month return on equity of 18.02% and a net margin of 2.96%. The firm's revenue was up 9.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.71 EPS.

Casey's General Stores declared a quarterly dividend on Tuesday, March 7th. Shareholders of record on Monday, May 1st will be given a dividend of $0.38 per share on Monday, May 15th. This represents a $1.52 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend is Friday, April 28th.
Read our dividend analysis for CASY.

ETFs with the largest weight of Casey's General Stores (NASDAQ:CASY) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Invesco DWA Consumer Staples Momentum ETF (PSL), QRAFT AI-Enhanced U.S. Large Cap Momentum ETF (AMOM), Inspire Faithward Mid Cap Momentum ETF (GLRY), First Trust Consumer Staples AlphaDEX Fund (FXG), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), FIS Biblically Responsible Risk Managed ETF (PRAY) and Opus Small Cap Value Plus ETF (OSCV).

Casey's General Stores (NASDAQ:CASY) pays an annual dividend of $1.52 per share and currently has a dividend yield of 0.66%. The company has been increasing its dividend for 23 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 12.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CASY will have a dividend payout ratio of 14.79% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CASY.

312 employees have rated Casey's General Stores Chief Executive Officer Darren Rebelez on Glassdoor.com. Darren Rebelez has an approval rating of 69% among the company's employees. 52.0% of employees surveyed would recommend working at Casey's General Stores to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Casey's General Stores investors own include Sarepta Therapeutics (SRPT), Walt Disney (DIS), Starbucks (SBUX), NVIDIA (NVDA), Netflix (NFLX), Johnson & Johnson (JNJ), Realty Income (O), QUALCOMM (QCOM), Activision Blizzard (ATVI) and Home Depot (HD).

Casey's General Stores trades on the NASDAQ under the ticker symbol "CASY."

Casey's General Stores' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.82%), State Street Corp (3.73%), Clearbridge Investments LLC (3.39%), Vontobel Asset Management Inc. (2.75%), Brown Advisory Inc. (1.89%) and FMR LLC (1.57%). Insiders that own company stock include Brian Joseph Johnson, Diane C Bridgewater, Julia L Jackowski, Larree M Renda and Mike Spanos.
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Shares of CASY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CASY stock can currently be purchased for approximately $225.65.

Casey's General Stores (NASDAQ:CASY) has a market capitalization of $8.41 billion and generates $12.95 billion in revenue each year. The company earns $339.79 million in net income (profit) each year or $12.03 on an earnings per share basis.

The company employs 42,481 workers across the globe.

Casey's General Stores' mailing address is ONE CONVENIENCE BOULEVARD, ANKENY IA, 50021. The official website for the company is www.caseys.com. The company can be reached via phone at (515) 965-6100, via email at darren.rebelez@caseys.com, or via fax at 515-965-6160.