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 Monday, June 5th. Shareholders of record on Tuesday, August 1st will be paid a dividend of $0.26 per share on Tuesday, August 15th. This represents a $1.04 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend is Friday, July 28th. This is a positive change from Caseys General Stores's previous quarterly dividend of $0.24. View Caseys General Stores' Dividend History.

Caseys General Stores announced that its board has authorized a share repurchase program on Thursday, April 6th 2017, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 6.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its shares are undervalued.

Caseys General Stores, Inc. (NASDAQ:CASY) announced its quarterly earnings results on Monday, June, 5th. The company reported $0.76 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.85 by $0.09. The firm had revenue of $1.85 billion for the quarter, compared to analysts' expectations of $1.88 billion. Caseys General Stores had a net margin of 2.36% and a return on equity of 14.93%. Caseys General Stores's revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.19 earnings per share. View Caseys General Stores' Earnings History.

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

11 analysts have issued 12-month target prices for Caseys General Stores' stock. Their predictions range from $100.00 to $139.00. On average, they expect Caseys General Stores' share price to reach $116.29 in the next twelve months. 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. " (8/14/2017)
• 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), SpartanNash Company (SPTN), Conviviality PLC (CVR), Smart (SFS), Ingles Markets, Incorporated (IMKTA), Cresud S.A.C.I.F. y A. (CRESY), Pantry (PTRY), The Fresh Market (TFM) 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
• Cara Heiden, Director
• Diane C. Bridgewater, Independent Director

Caseys General Stores' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.05%), BlackRock Inc. (8.03%), Iridian Asset Management LLC CT (4.03%), Janus Henderson Group PLC (3.93%), Vontobel Asset Management Inc. (3.78%) and Thompson Siegel & Walmsley LLC (3.29%). Company insiders that own Caseys General Stores stock include Cindi Webb Summers, Jeffrey M Lamberti, John C Soupene, Johnny Danos, Julia L Jackowski, Larree M Renda, Richard A Wilkey, Terry W Handley, William C Kimball and William J Walljasper. View Institutional Ownership Trends for Caseys General Stores.

Caseys General Stores' stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, Chilton Investment Co. LLC, Hodges Capital Management Inc., JPMorgan Chase & Co., Dividend Assets Capital LLC, Retirement Systems of Alabama, First Trust Advisors LP and Vontobel Asset Management Inc.. Company insiders that have sold Caseys General Stores stock in the last year include John C Soupene, Julia L Jackowski, William C Kimball and William J Walljasper. View Insider Buying and Selling for Caseys General Stores.

Caseys General Stores' stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Balyasny Asset Management LLC, Thompson Siegel & Walmsley LLC, Iridian Asset Management LLC CT, First Eagle Investment Management LLC, Eagle Asset Management Inc., Vanguard Group Inc. and Macquarie Group Ltd.. Company insiders that have bought Caseys General Stores stock in the last two years include Larree M Renda and Richard A Wilkey. View Insider Buying and Selling for Caseys General Stores.

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 $104.18.