Analysts expect that Caseys General Stores, Inc. (NASDAQ:CASY) will post earnings per share (EPS) of $1.35 for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Caseys General Stores’ earnings. The lowest EPS estimate is $1.24 and the highest is $1.42. Caseys General Stores posted earnings per share of $1.44 during the same quarter last year, which would indicate a negative year-over-year growth rate of 6.2%. The company is expected to announce its next earnings report on Wednesday, December 6th.

On average, analysts expect that Caseys General Stores will report full-year earnings of $4.31 per share for the current year, with EPS estimates ranging from $4.10 to $4.47. For the next financial year, analysts expect that the business will post earnings of $4.83 per share, with EPS estimates ranging from $4.66 to $5.22. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that that provide coverage for Caseys General Stores.

Caseys General Stores (NASDAQ:CASY) last issued its earnings results on Tuesday, September 5th. The company reported $1.46 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.46. The firm had revenue of $2.09 billion during the quarter, compared to analyst estimates 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 was up 6.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.70 earnings per share.

A number of analysts have recently issued reports on the stock. Zacks Investment Research lowered shares of Caseys General Stores from a “hold” rating to a “sell” rating in a research note on Tuesday. BidaskClub upgraded Caseys General Stores from a “sell” rating to a “hold” rating in a report on Saturday, August 5th. Jefferies Group LLC set a $139.00 price objective on Caseys General Stores and gave the company a “buy” rating in a report on Saturday, July 22nd. Finally, Royal Bank Of Canada set a $118.00 price objective on Caseys General Stores and gave the company a “hold” rating in a report on Sunday, August 13th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. Caseys General Stores currently has a consensus rating of “Hold” and a consensus target price of $115.29.

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In other Caseys General Stores news, SVP Brian Joseph Johnson sold 1,000 shares of the business’s stock in a transaction dated Friday, September 22nd. The shares were sold at an average price of $108.01, for a total value of $108,010.00. Following the completion of the transaction, the senior vice president now directly owns 8,229 shares in the company, valued at $888,814.29. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.30% of the company’s stock.

A number of institutional investors have recently made changes to their positions in CASY. Clear Perspective Advisors LLC raised its holdings in Caseys General Stores by 8.9% in the second quarter. Clear Perspective Advisors LLC now owns 1,225 shares of the company’s stock worth $131,000 after purchasing an additional 100 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Caseys General Stores by 46.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,779 shares of the company’s stock worth $191,000 after purchasing an additional 566 shares in the last quarter. Crossmark Global Holdings Inc. bought a new position in Caseys General Stores in the third quarter worth about $264,000. Neuberger Berman Group LLC raised its holdings in Caseys General Stores by 0.9% in the second quarter. Neuberger Berman Group LLC now owns 2,474 shares of the company’s stock worth $265,000 after purchasing an additional 23 shares in the last quarter. Finally, Denver Investment Advisors LLC raised its holdings in Caseys General Stores by 24.5% in the second quarter. Denver Investment Advisors LLC now owns 2,540 shares of the company’s stock worth $272,000 after purchasing an additional 500 shares in the last quarter. Institutional investors and hedge funds own 99.97% of the company’s stock.

Shares of Caseys General Stores (CASY) opened at $113.59 on Wednesday. The stock has a market cap of $4,403.64, a price-to-earnings ratio of 27.41, a PEG ratio of 2.49 and a beta of 0.45. Caseys General Stores has a one year low of $99.76 and a one year high of $126.49. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.48 and a current ratio of 0.99.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Shareholders of record on Wednesday, November 1st will be issued a $0.26 dividend. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $1.04 dividend on an annualized basis and a yield of 0.92%. Caseys General Stores’s dividend payout ratio is presently 24.53%.

Caseys General Stores Company Profile

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.

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Earnings History and Estimates for Caseys General Stores (NASDAQ:CASY)

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