About Caseys General Stores
Casey's General Stores, Inc. and its subsidiaries, operate convenience stores under the name Casey's General Store in approximately 10 Midwestern states, in Iowa, Missouri, and Illinois. The Company also operates approximately two stores selling primarily tobacco products. The stores carry a range of food, including freshly prepared foods such as pizza, donuts, and sandwiches, beverages, tobacco products, health and beauty aids, automotive products and other nonfood items. The Company operates approximately 1,930 stores. It operates approximately two distribution centers, through which the Company supply grocery and general merchandise items to its stores. Its general store typically carries over 3,000 food and nonfood items. The Company's stores sell regional brands of dairy and bakery products, and approximately 90% of the stores offer beer. Its non-food items include tobacco products, health and beauty aids, school supplies, housewares, pet supplies, and automotive products.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Grocery Stores
- Sub-Industry: Food Retail
- Exchange: NASDAQ
- Symbol: CASY
- CUSIP: 14752810
- Previous Close: $116.60
- 50 Day Moving Average: $116.49
- 200 Day Moving Average: $120.34
- 52-Week Range: $39,191,000.00 - $98.80
- Trailing P/E Ratio: 22.13
- Foreward P/E Ratio: 19.52
- P/E Growth: 2.27
- Market Cap: $4.60B
- Outstanding Shares: 39,191,000
- Beta: 0.46
- Net Margins: 2.98%
- Return on Equity: 18.75%
- Return on Assets: 7.47%
Companies Related to Caseys General Stores:
- Debt-to-Equity Ratio: 0.76%
- Current Ratio: 1.10%
- Quick Ratio: 0.56%
What is Caseys General Stores' stock symbol?
Caseys General Stores trades on the NASDAQ under the ticker symbol "CASY."
How often does Caseys General Stores pay dividends? What is the dividend yield for Caseys General Stores?
Caseys General Stores declared a quarterly dividend on Thursday, December 8th. Shareholders of record on Wednesday, February 1st will be paid a dividend of $0.24 per share on Wednesday, February 15th. This represents a $0.96 annualized dividend and a yield of 0.82%. The ex-dividend date is Monday, January 30th.
Where is Caseys General Stores' stock going? Where will Caseys General Stores' stock price be in 2017?
10 equities research analysts have issued 1-year price objectives for Caseys General Stores' stock. Their predictions range from $115.00 to $150.00. On average, they expect Caseys General Stores' stock price to reach $135.44 in the next twelve months.
When will Caseys General Stores announce their earnings?
Caseys General Stores is scheduled to release their next quarterly earnings announcement on Monday, March, 6th 2017.
What are analysts saying about Caseys General Stores stock?
Here are some recent quotes from research analysts about Caseys General Stores stock:
According to Zacks Investment Research, "Casey's General Stores, Inc. operate convenience stores under the name Casey's General Store in Midwestern states, primarily Iowa, Missouri and Illinois. The stores carry a broad selection of food (including freshly prepared foods such as pizza, donuts and sandwiches), beverages, tobacco products, health and beauty aids, automotive products and other non-food items. In addition, all stores offer gasoline for sale on a self-service basis. " (1/3/2017)
Goldman Sachs Group, Inc. (The) analysts commented, "fragmented c-store industry with low borrowing costs and limited financial leverage." "CASY is a purely domestic, stable compounder poised to benefit from higher RIN prices, ramping in-store initiatives, and lower food costs," stated Grambling.Working with Goldman's agriculture analyst, Grambling expects rising RIN prices to provide a tailwind for Casey's fuel margin. The analyst noted RINs equate to an 11 percent benefit to his FY17/8 EBITDA estimates.Healthy Initiatives And Lower Food CostsThe Goldman analyst praised the company's strong initiative in ongoing pizza delivery, mobile ordering momentum and 24-hours in addition to macro movements. These initiatives "should drive accelerating same store sales, which have historically outpaced broader retail by a large degree with less volatility," stated Grambling.Related Link: A Look At Casey's General Stores' EarningsAdditionally, lower food costs "should be a tailwind for prepared gross margin," said the analyst.In defiance of these clear catalysts to Casey's General Stores, the company was trading at irrespective multiples. "Despite these positives, shares are trading at 8.5X FY17 EV/EBITDA, in line with history but at a discount to both c-store (9X) and defensive retail peers (11X)," (6/29/2016)
Who owns Caseys General Stores stock?
Caseys General Stores' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Iridian Asset Management LLC CT (3.60%), State Street Corp (2.70%), Janus Capital Management LLC (2.17%), Thompson Siegel & Walmsley LLC (1.55%), Atlanta Capital Management Co. L L C (1.25%) and Advisory Research Inc. (1.11%). Company insiders that own Caseys General Stores stock include Cindi Webb Summers, Jeffrey M Lamberti, Johnny Danos, Julia L Jackowski, Kenneth H Haynie, Larree M Renda, Richard A Wilkey, Terry W Handley, William C Kimball and William J Walljasper.
Who sold Caseys General Stores stock? Who is selling Caseys General Stores stock?
Caseys General Stores' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Thrivent Financial for Lutherans, Cortina Asset Management LLC, State Street Corp, Gabelli Funds LLC, Baird Financial Group Inc., Gamco Investors INC. ET AL and Employees Retirement System of Texas. Company insiders that have sold Caseys General Stores stock in the last year include Cindi Webb Summers, Jeffrey M Lamberti, Julia L Jackowski, Terry W Handley and William J Walljasper.
Who bought Caseys General Stores stock? Who is buying Caseys General Stores stock?
Caseys General Stores' stock was purchased by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Thompson Siegel & Walmsley LLC, Russell Investments Group Ltd., Marshall Wace LLP, Congress Asset Management Co. MA, Dimensional Fund Advisors LP, Advisory Research Inc. and Empire Life Investments Inc.. Company insiders that have bought Caseys General Stores stock in the last two years include Larree M Renda and Richard A Wilkey.
How do I buy Caseys General Stores stock?
Shares of Caseys General Stores can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Caseys General Stores stock cost?
One share of Caseys General Stores stock can currently be purchased for approximately $117.34.