NASDAQ:CASY

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

$203.29

+0.54 (+0.27%)

(As of 10/6/2022 12:00 AM ET)

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Today's Range: $202.88
▼
$206.18
50-Day Range: $198.20
▼
$221.90
52-Week Range: $170.82
▼
$223.90

Volume: 413,652 shs
Average Volume: 276,389 shs
Market Capitalization: $7.57 billion

P/E Ratio: 20.35
Dividend Yield: 0.75%
Price Target: $245.00

Casey's General Stores MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 20.5% Upside
$245.00 Price Target
Short Interest: Healthy
2.04% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.70
Upright™ Environmental Score
News Sentiment: 0.67
Based on 7 Articles This Week
Insider Trading: Acquiring Shares
$100,084 Bought Last Quarter
Proj. Earnings Growth: -6.08%
From $10.04 to $9.43 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.79 out of 5 stars

Retail/Wholesale Sector

15th out of 210 stocks

Automotive Dealers & Gasoline Service Stations Industry

1st out of 24 stocks

3.4

Analyst's Opinion

Consensus Rating
Casey's General Stores has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $245.00, Casey's General Stores has a forecasted upside of 20.5% from its current price of $203.29.
Amount of Analyst Coverage
Casey's General Stores has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.04% of the outstanding shares of Casey's General Stores have been sold short.
Short Interest Ratio / Days to Cover
Casey's General Stores has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Casey's General Stores has recently decreased by 9.77%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Yield
Casey's General Stores has a dividend yield of 0.75%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Casey's General Stores has been increasing its dividend for 22 years.
Dividend Coverage
The dividend payout ratio of Casey's General Stores is 15.22%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Casey's General Stores will have a dividend payout ratio of 16.12% next year. This indicates that Casey's General Stores will be able to sustain or increase its dividend.

1.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Casey's General Stores has received a -21.79% net impact score from Upright. The largest negative impact of Casey's General Stores in category "GHG emissions" seems to be driven mostly by its "Retail of diesel at a convenience store", "Retail of gasoline at a convenience store", and "Physical retail of seafood at a convenience store" products. See details.
Environmental Sustainability
The Environmental Impact score for Casey's General Stores is -2.70.

3.1

News and Social Media Coverage

News Sentiment
Casey's General Stores has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Casey's General Stores this week, compared to 3 articles on an average week.
Search Interest
Only 4 people have searched for CASY on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.
MarketBeat Follows
11 people have added Casey's General Stores to their MarketBeat watchlist in the last 30 days. This is an increase of 10% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Casey's General Stores insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,084.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.28% of the stock of Casey's General Stores is held by insiders.
Percentage Held by Institutions
76.68% of the stock of Casey's General Stores is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Casey's General Stores are expected to decrease by -6.08% in the coming year, from $10.04 to $9.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Casey's General Stores is 20.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Casey's General Stores is 20.35, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 15.31.
Price to Book Value per Share Ratio
Casey's General Stores has a P/B Ratio of 3.37. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Casey's General Stores (NASDAQ:CASY) Stock

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 a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverages; tobacco and nicotine products; health and beauty aids; automotive products; and other nonfood items. The company's stores also provide motor fuel for sale on a self-service basis; and gasoline and diesel fuel. In addition, its stores offer various products, include 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, electronic accessories, housewares, and pet supplies; and lotto/lottery and prepaid cards. Further, the company operates two stores that sells tobacco and nicotine products; one liquor store; and one grocery store. As of April 30, 2022, it operated 2,452 convenience stores. Casey's General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa.

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CASY Stock News Headlines

October 2, 2022 | marketbeat.com

This Megatrend Will Send These “Made in the USA” Dividends Surging

September 15, 2022 | marketbeat.com

Murphy USA Outperforming Other Mid-caps, But Is It A Buy Now? (CASY)

Gas station and convenience store operator Murphy USA increased its dividend but Wall Street expects lower earnings next year. Is the stock a buy?

October 7, 2022 | Legacy Research (Affiliate) (Ad)

$130 trillion revolution in this cup?

Former Goldman Sachs executive Nomi Prins recently drank the contents of a brand-new type of battery… To reveal why 5 billionaires are investing in this tiny $4 company behind it. And how it could unleash a $130 trillion energy revolution.

October 5, 2022 | benzinga.com

Coast deepens its Midwest regional presence by partnering with Casey's, a leading convenience store brand

October 4, 2022 | seekingalpha.com

Casey’s General Stores stock slips as JP Morgan reiterates Sell rating

October 2, 2022 | seekingalpha.com

Casey's General Stores: A Strong Start To The Year

October 1, 2022 | finance.yahoo.com

Here for Schools: Casey’s Cash for Classrooms Grant Program Now Open for Submissions

September 30, 2022 | uk.finance.yahoo.com

Casey's General Stores, Inc. (CASY)

October 7, 2022 | Legacy Research (Affiliate) (Ad)

$130 trillion revolution in this cup?

September 29, 2022 | finance.yahoo.com

Returns On Capital At Casey's General Stores (NASDAQ:CASY) Have Stalled

September 19, 2022 | finance.yahoo.com

The Most Convenient Inflation Haven

September 18, 2022 | finance.yahoo.com

This Surprise Stock Has Slayed the S&P 500 for 20 Years, and It's Not Slowing Down

September 15, 2022 | msn.com

Casey's General Stores's Return On Capital Employed Insights

September 14, 2022 | finance.yahoo.com

Taking Apart DocuSign's Recent Quarter

September 11, 2022 | finance.yahoo.com

Is There An Opportunity With Casey's General Stores, Inc.'s (NASDAQ:CASY) 50% Undervaluation?

September 10, 2022 | nasdaq.com

Casey`s General Stores, Inc. Shares Near 52-Week High - Market Mover

September 9, 2022 | ca.investing.com

Casey's General Stores Reports Q1 Beat, While Revenues Miss, Reiterates Outlook

September 8, 2022 | seekingalpha.com

Casey's General Stores, Inc. (CASY) Q1 2023 Earnings Call Transcript

September 8, 2022 | finance.yahoo.com

Casey's (CASY) Q1 Earnings Miss Estimates, Revenues Up Y/Y

September 8, 2022 | fool.com

Casey's General Stores (CASY) Q1 2023 Earnings Call Transcript

September 8, 2022 | finance.yahoo.com

Casey's Reports Mixed Q1 Results; Backs FY23 Outlook

September 8, 2022 | finance.yahoo.com

Casey's General Stores (CASY) Misses Q1 Earnings and Revenue Estimates

September 7, 2022 | za.investing.com

Casey's General Stores Repots Q1 Beat, While Revenues Miss, Reiterates Outlook

September 7, 2022 | finance.yahoo.com

Casey's Announces First Quarter Results

September 7, 2022 | finance.yahoo.com

Casey's General stock cedes Wednesday gains after slight beat

September 7, 2022 | finance.yahoo.com

Casey’s Celebrates its Beloved Breakfast Pizza Turning 21 with a Limited-Time Ultimate Beer Cheese Breakfast Pizza

September 6, 2022 | nasdaq.com

Here's Why We Think Casey's General Stores (NASDAQ:CASY) Is Well Worth Watching

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CASY Company Calendar

Ex-Dividend for 8/15 Dividend: 7/29/2022
Dividend Payable: 8/15/2022
Last Earnings: 9/07/2022
Today: 10/06/2022
Ex-Dividend for 11/15 Dividend: 10/31/2022
Dividend Payable: 11/15/2022
Next Earnings (Estimated): 12/06/2022
Fiscal Year End: 4/30/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Automotive dealers & gasoline service stations
Sub-Industry: Food Retail
Sector: Retail/Wholesale
Current Symbol: NASDAQ:CASY
CUSIP: 14752810
CIK: 726958
Web: www.caseys.com
Phone: (515) 965-6100
Fax: 515-965-6160
Employees: 42,481
Year Founded: 1959

Price Target and Rating

Average Stock Price Forecast: $245.00
High Stock Price Forecast: $269.00
Low Stock Price Forecast: $228.00
Forecasted Upside/Downside: +20.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $9.99
Trailing P/E Ratio: 20.35
Forward P/E Ratio: 20.25
P/E Growth: N/A
Net Income: $339.79 million
Net Margins: 2.63%
Pretax Margin: 3.43%
Return on Equity: 16.73%
Return on Assets: 6.84%

Debt

Debt-to-Equity Ratio: 0.69
Current Ratio: 0.96
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: $12.95 billion
Price / Sales: 0.58
Cash Flow: $17.42 per share
Price / Cash Flow: 11.67
Book Value: $60.38 per share
Price / Book: 3.37

Miscellaneous

Outstanding Shares: 37,255,000
Free Float: 37,151,000
Market Cap: $7.57 billion
Optionable: Optionable
Beta: 0.78

Social Links

Key Executives

Mr. Darren M. Rebelez (Age 56)
Pres, CEO & Director
Comp: $3.68M

Mr. Stephen P. Bramlage Jr. (Age 52)
Sr. VP & CFO
Comp: $1.74M

Ms. Ena Williams Koschel (Age 53)
Chief Operating Officer
Comp: $2.19M

Mr. Adrian M. Butler (Age 51)
Chief Information Officer
Comp: $1.21M

Mr. Thomas P. Brennan Jr. (Age 46)
Sr. VP & Chief Merchandising Officer
Comp: $1.34M

Mr. Brian Joseph Johnson (Age 46)
Sr. VP of Investor Relations & Bus. Devel.

Ms. Katrina Lindsey (Age 50)
Chief Legal Officer & Corp. Sec.

Leanne Krell
VP, Deputy Gen. Counsel & Chief Compliance Officer

Ms. Megan Elfers
VP of Advter. & Marketing

Mr. Chad Michael Frazell (Age 49)
Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CASY Stock - Frequently Asked Questions

Should I buy or sell Casey's General Stores stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Casey's General Stores in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CASY shares.
View CASY analyst ratings or view top-rated stocks.
What is Casey's General Stores' stock price forecast for 2022?: 8 Wall Street analysts have issued 12-month price objectives for Casey's General Stores' shares. Their CASY share price forecasts range from $228.00 to $269.00. On average, they expect the company's share price to reach $245.00 in the next year. This suggests a possible upside of 20.5% from the stock's current price.
View analysts price targets for CASY or view top-rated stocks among Wall Street analysts.
How have CASY shares performed in 2022?: Casey's General Stores' stock was trading at $197.35 on January 1st, 2022. Since then, CASY stock has increased by 3.0% and is now trading at $203.29.
View the best growth stocks for 2022 here.
When is Casey's General Stores' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 6th 2022.
View our CASY earnings forecast.
How were Casey's General Stores' earnings last quarter?: Casey's General Stores, Inc. (NASDAQ:CASY) announced its quarterly earnings results on Wednesday, September, 7th. The company reported $4.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.32 by $0.23. The business earned $4.45 billion during the quarter, compared to the consensus estimate of $4.47 billion. Casey's General Stores had a trailing twelve-month return on equity of 16.73% and a net margin of 2.63%. The company's revenue for the quarter was up 40.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.19 earnings per share.
How often does Casey's General Stores pay dividends? What is the dividend yield for Casey's General Stores?: Casey's General Stores announced a quarterly dividend on Wednesday, September 7th. Investors of record on Tuesday, November 1st will be given a dividend of $0.38 per share on Tuesday, November 15th. This represents a $1.52 annualized dividend and a yield of 0.75%. The ex-dividend date is Monday, October 31st.
Read our dividend analysis for CASY.
Is Casey's General Stores a good dividend stock?: Casey's General Stores (NASDAQ:CASY) pays an annual dividend of $1.52 per share and currently has a dividend yield of 0.75%. The company has been increasing its dividend for 22 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 15.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CASY will have a dividend payout ratio of 16.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CASY.
What is Darren Rebelez's approval rating as Casey's General Stores' CEO?: 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.

What other stocks do shareholders of Casey's General Stores own?: 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).
What is Casey's General Stores' stock symbol?: Casey's General Stores trades on the NASDAQ under the ticker symbol "CASY."
Who are Casey's General Stores' major shareholders?: Casey's General Stores' stock is owned by many different retail and institutional investors. Top institutional investors include Symmetry Partners LLC (0.00%). Insiders that own company stock include Brian Joseph Johnson, Diane C Bridgewater, Julia L Jackowski, Larree M Renda, Mike Spanos and William J Walljasper.
View institutional ownership trends.
How do I buy shares of Casey's General Stores?: 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.
Compare Top Brokerages Here.
What is Casey's General Stores' stock price today?: One share of CASY stock can currently be purchased for approximately $203.29.
How much money does Casey's General Stores make?: Casey's General Stores (NASDAQ:CASY) has a market capitalization of $7.57 billion and generates $12.95 billion in revenue each year. The company earns $339.79 million in net income (profit) each year or $9.99 on an earnings per share basis.
How many employees does Casey's General Stores have?: The company employs 42,481 workers across the globe.
Does Casey's General Stores have any subsidiaries?: The following companies are subsidiares of Casey's General Stores: Buchanan Energy, CGS Stores LLC, Casey’s Marketing Company, Casey’s Retail Company, Casey’s Services Company, and Heartland Property Company LLC.
Read More
How can I contact Casey's General Stores?: 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.

This page (NASDAQ:CASY) was last updated on 10/7/2022 by MarketBeat.com Staff

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

Casey's General Stores MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Casey's General Stores (NASDAQ:CASY) Stock

CASY Stock News Headlines

CASY Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CASY Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™