Caseys General Stores Company Profile (NASDAQ:CASY)

Caseys General Stores trades on the NASDAQ under the ticker symbol "CASY."

Caseys General Stores declared a quarterly dividend on Tuesday, September 5th. Investors of record on Wednesday, November 1st will be given a dividend of $0.26 per share on Wednesday, November 15th. This represents a $1.04 annualized dividend and a yield of 0.91%. The ex-dividend date of this dividend is Tuesday, October 31st. View Caseys General Stores' Dividend History.

Caseys General Stores declared that its Board of Directors has initiated a stock repurchase program on Thursday, April 6th 2017, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 6.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

Caseys General Stores, Inc. (NASDAQ:CASY) issued its quarterly earnings data on Tuesday, September, 5th. The company reported $1.46 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $1.46. The business earned $2.09 billion during the quarter, compared to analysts' expectations of $2.16 billion. Caseys General Stores had a net margin of 2.19% and a return on equity of 13.99%. The business's revenue for the quarter was up 6.3% on a year-over-year basis. During the same period last year, the company posted $1.70 earnings per share. View Caseys General Stores' Earnings History.

Caseys General Stores is scheduled to release their next quarterly earnings announcement on Tuesday, December, 5th 2017. View Earnings Estimates for Caseys General Stores.

11 brokers have issued 1-year price objectives for Caseys General Stores' stock. Their forecasts range from $100.00 to $134.00. On average, they expect Caseys General Stores' stock price to reach $115.29 in the next year. View Analyst Ratings for Caseys General Stores.

Here are some recent quotes from research analysts about Caseys General Stores stock:

• 1. 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. " (9/7/2017)
• 2. BMO Capital Markets analysts commented, "Although we believe that CASY's share repurchase program and underlying CPG margins provide support for the earnings outlook, F2018 is shaping up to be a tough year for CASY. We are lowering our F2017E EPS to $4.56 (from $5.11) and F2018E EPS to $4.85 (from $5.77). We lower our target price to $108 and shift our valuation out to F2019E EPS and maintain a 20x P/E multiple. Key Pointsforecasts given an outlook for: 1) a continued challenging promotional environment stemming from big-box retailers and national pizza chains; 2) a wide price-gap given deflationary pressures at grocery stores; 3) a moderating sales boost from initiatives; and 4) continued pressure on Casey's core consumer given ongoing challenging farm incomes." (3/8/2017)

Some companies that are related to Caseys General Stores include J Sainsbury plc (SBRY), IRSA Inversiones Y Representaciones S.A. (IRS), Cresud S.A.C.I.F. y A. (CRESY), SpartanNash Company (SPTN), Conviviality PLC (CVR), Smart (SFS), Ingles Markets, Incorporated (IMKTA), Pantry (PTRY), The Fresh Market (TFM), Whole Foods Market (WFM) and Whole Foods Market (WFMI).

Caseys General Stores' management team includes the folowing people:

• Robert J. Myers, Chairman of the Board
• Terry W. Handley, President, Chief Executive Officer, Director
• William J. Walljasper, Chief Financial Officer, Senior Vice President
• Julia Lynn Jackowski, Senior Vice President, Corporate General Counsel, Corporate Secretary
• Cindi Webb Summers, Senior Vice President - Human Resources
• Brian Joseph Johnson, Senior Vice President - Store Development
• John C. Soupene, Senior Vice President - Operations
• William C. Kimball, Lead Independent Director
• Diane C. Bridgewater, Independent Director
• Johnny A. Danos, Independent Director

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.

One share of Caseys General Stores stock can currently be purchased for approximately $113.73.