NASDAQ:CASY

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

$213.62

-0.13 (-0.06%)

(As of 03/30/2023 01:03 PM ET)

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Today's Range: $212.99
▼
$215.47
50-Day Range: $205.70
▼
$235.91
52-Week Range: $181.40
▼
$249.90

Volume: 52,399 shs
Average Volume: 253,701 shs
Market Capitalization: $7.96 billion

P/E Ratio: 17.76
Dividend Yield: 0.71%
Price Target: $259.44

Institutional Ownership

Casey's General Stores MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 21.6% Upside
$259.44 Price Target
Short Interest: Healthy
2.53% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.70
Upright™ Environmental Score
News Sentiment: 0.30
Based on 12 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -13.79%
From $11.75 to $10.13 Per Share

Overall MarketRank^™

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

2.59 out of 5 stars

Retail/Wholesale Sector

62nd out of 214 stocks

Automotive Dealers & Gasoline Service Stations Industry

2nd out of 22 stocks

3.3

Analyst's Opinion

Consensus Rating
Casey's General Stores has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $259.44, Casey's General Stores has a forecasted upside of 21.6% from its current price of $213.33.
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.

4.0

Short Interest

Percentage of Shares Shorted
2.53% 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 3.7, 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 2.23%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Yield
Casey's General Stores has a dividend yield of 0.71%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Casey's General Stores has been increasing its dividend for 23 years.
Dividend Coverage
The dividend payout ratio of Casey's General Stores is 12.64%. 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 15.00% 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.

2.9

News and Social Media Coverage

News Sentiment
Casey's General Stores has a news sentiment score of 0.30. 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 lower news sentiment than the 0.45 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Casey's General Stores this week, compared to 4 articles on an average week.
Search Interest
15 people have searched for CASY on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.
MarketBeat Follows
10 people have added Casey's General Stores to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Casey's General Stores insiders have not sold or bought any 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
84.74% 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Casey's General Stores are expected to decrease by -13.79% in the coming year, from $11.75 to $10.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Casey's General Stores is 17.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of Casey's General Stores is 17.73, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 34.22.
Price to Book Value per Share Ratio
Casey's General Stores has a P/B Ratio of 3.05. 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. engages in the management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items. The company was founded by Donald F. Lamberti in 1959 and is headquartered in Ankeny, IA.

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CASY Stock News Headlines

March 11, 2023 | marketbeat.com

MarketBeat Week in Review – 3/6 - 3/10 (CASY)

Stocks are down sharply to end the week, and the MarketBeat staff continues to show investors why dividend stocks need to be part of your playbook

March 8, 2023 | marketbeat.com

Should You Park Some Capital with Casey’s General Stores?

Casey’s General Stores stock is up nearly 5% after posting stronger-than-expected earnings and analysts are becoming more bullish on the stock

March 30, 2023 | Weiss Ratings (Ad)

Urgent Warning

This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …

March 25, 2023 | americanbankingnews.com

Q1 2024 EPS Estimates for Casey's General Stores, Inc. (NASDAQ:CASY) Cut by Analyst

March 25, 2023 | americanbankingnews.com

Q1 2024 EPS Estimates for Casey's General Stores, Inc. (NASDAQ:CASY) Decreased by Analyst

March 24, 2023 | americanbankingnews.com

FY2023 Earnings Forecast for Casey's General Stores, Inc. Issued By Zacks Research (NASDAQ:CASY)

March 23, 2023 | americanbankingnews.com

StockNews.com Lowers Casey's General Stores (NASDAQ:CASY) to Buy

March 22, 2023 | finance.yahoo.com

One Casey's General Stores, Inc. (NASDAQ:CASY) insider upped their stake in the previous year

March 30, 2023 | Weiss Ratings (Ad)

Urgent Warning

March 19, 2023 | nasdaq.com

Casey's General Stores is Now Oversold (CASY)

March 18, 2023 | seekingalpha.com

Casey's General Stores: Fuel Margin Is The Key Issue Of Concern

March 10, 2023 | msn.com

Casey's General Stores (CASY) Declares $0.38 Dividend

March 9, 2023 | msn.com

Casey's General Stores's Return on Invested Capital Overview

March 9, 2023 | finance.yahoo.com

Q3 2023 Caseys General Stores Inc Earnings Call

March 8, 2023 | msn.com

Should You Park Some Capital with Casey's General Stores?

March 8, 2023 | msn.com

Casey's General Stores shoots higher after investors shake off earnings jitters

March 8, 2023 | finance.yahoo.com

Casey's (CASY) Q3 Earnings Top, Inside Same-Store Sales Up 5.6%

March 8, 2023 | finance.yahoo.com

Returns Are Gaining Momentum At Casey's General Stores (NASDAQ:CASY)

March 8, 2023 | msn.com

Casey's General Stores' Fiscal Third-Quarter Profit Tops Street Views Despite Inflation Cost Pressures

March 8, 2023 | msn.com

Casey’s (NASDAQ:CASY) Stock Gains on Upbeat Q3 Results

March 7, 2023 | msn.com

Casey's General Stores Likely To Report Lower Quarterly Earnings, Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

March 6, 2023 | msn.com

Casey's (CASY) Lined Up for Q3 Earnings: Factors at Play

March 6, 2023 | finance.yahoo.com

Casey's Q3 Preview: Can Shares Find New Life?

March 5, 2023 | benzinga.com

Casey's General Stores Stock (NASDAQ:CASY), Analyst Ratings, Price Targets, Predictions

March 3, 2023 | msn.com

Casey’s General Stores upgraded to Neutral as JP Morgan eyes easing inflation

March 3, 2023 | msn.com

JP Morgan Upgrades Casey's General Stores (CASY)

March 3, 2023 | markets.businessinsider.com

Analyst Expectations for Casey's General Stores's Future

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CASY Company Calendar

Ex-Dividend for 2/15 Dividend: 1/31/2023
Dividend Payable: 2/15/2023
Last Earnings: 3/08/2023
Today: 3/30/2023
Ex-Dividend for 5/15 Dividend: 4/28/2023
Fiscal Year End: 4/30/2023
Dividend Payable: 5/15/2023
Next Earnings (Estimated): 6/06/2023

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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: $259.44
High Stock Price Forecast: $294.00
Low Stock Price Forecast: $211.00
Forecasted Upside/Downside: +21.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $12.03
Trailing P/E Ratio: 17.77
Forward P/E Ratio: 18.19
P/E Growth: N/A
Net Income: $339.79 million
Net Margins: 2.96%
Pretax Margin: 3.86%
Return on Equity: 18.02%
Return on Assets: 7.69%

Debt

Debt-to-Equity Ratio: 0.63
Current Ratio: 1.10
Quick Ratio: 0.66

Sales & Book Value

Annual Sales: $12.95 billion
Price / Sales: 0.61
Cash Flow: $17.56 per share
Price / Cash Flow: 12.17
Book Value: $69.96 per share
Price / Book: 3.06

Miscellaneous

Outstanding Shares: 37,260,000
Free Float: 37,158,000
Market Cap: $7.96 billion
Optionable: Optionable
Beta: 0.82

Social Links

Key Executives

Darren M. Rebelez
President, Chief Executive Officer & Director

Ena Williams
Chief Operating Officer

Stephen P. Bramlage
Chief Financial Officer

Sanjeev Satturu
Chief Information Officer & Senior Vice President

John C. Soupene
Senior Vice President-Operations

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?: 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Casey's General Stores in the last year. There are currently 4 hold ratings and 6 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 2023?: 10 brokerages have issued 1-year target prices for Casey's General Stores' shares. Their CASY share price forecasts range from $211.00 to $294.00. On average, they expect the company's stock price to reach $259.44 in the next twelve months. This suggests a possible upside of 21.4% 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 2023?: Casey's General Stores' stock was trading at $224.35 at the beginning of the year. Since then, CASY stock has decreased by 4.7% and is now trading at $213.75.
View the best growth stocks for 2023 here.
When is Casey's General Stores' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 6th 2023.
View our CASY earnings forecast.
How were Casey's General Stores' earnings last quarter?: Casey's General Stores, Inc. (NASDAQ:CASY) issued its quarterly earnings results on Wednesday, March, 8th. The company reported $2.36 EPS for the quarter, beating the consensus estimate of $1.83 by $0.53. The company had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.35 billion. Casey's General Stores had a net margin of 2.96% and a trailing twelve-month return on equity of 18.02%. Casey's General Stores's quarterly revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.71 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 declared a quarterly dividend on Tuesday, March 7th. Investors of record on Monday, May 1st will be paid a dividend of $0.38 per share on Monday, May 15th. This represents a $1.52 annualized dividend and a yield of 0.71%. The ex-dividend date is Friday, April 28th.
Read our dividend analysis for CASY.
What ETFs hold Casey's General Stores' stock?: 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), First Trust Consumer Staples AlphaDEX Fund (FXG), Inspire Faithward Mid Cap Momentum ETF (GLRY), FIS Biblically Responsible Risk Managed ETF (PRAY), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Opus Small Cap Value Plus ETF (OSCV) and Invesco S&P MidCap Momentum ETF (XMMO).
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 0.72%. 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 15.00% 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 institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (6.77%), Clearbridge Investments LLC (3.38%), Morgan Stanley (3.06%), Vontobel Asset Management Inc. (2.63%), Brown Advisory Inc. (1.90%) and Thrivent Financial for Lutherans (1.58%). Insiders that own company stock include Brian Joseph Johnson, Diane C Bridgewater, Julia L Jackowski, Larree M Renda and Mike Spanos.
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 $213.75.
How much money does Casey's General Stores make?: Casey's General Stores (NASDAQ:CASY) has a market capitalization of $7.96 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.
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 3/30/2023 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

Overall MarketRank^™