Casey’s General Stores, Inc. (NASDAQ:CASY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Casey’s General Stores, Inc. (NASDAQ:CASY) have received a consensus rating of “Moderate Buy” from the fourteen research firms that are presently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $698.20.

Several research analysts recently commented on the stock. Zacks Research lowered shares of Casey’s General Stores from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft set a $688.00 price target on shares of Casey’s General Stores in a report on Thursday, January 8th. Wells Fargo & Company upped their price target on Casey’s General Stores from $725.00 to $745.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 10th. The Goldman Sachs Group raised their price objective on Casey’s General Stores from $530.00 to $605.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 11th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Casey’s General Stores in a research note on Monday, December 29th.

Casey’s General Stores News Roundup

Here are the key news stories impacting Casey’s General Stores this week:

• Positive Sentiment: Zacks Research raised multiple near‑term and FY2026 EPS estimates for Casey’s (notably Q1 2028 to $6.90 from $6.56, Q2 2028 to $6.65 from $6.41, Q1 2027 to $6.28 from $6.05, Q2 2027 to $6.05 from $5.91, Q4 2026 to $3.28 from $3.05, and FY2026 to $18.07 from $17.20). Upward revisions signal improving analyst views on profitability and could support longer‑term valuation. MarketBeat CASY
• Neutral Sentiment: Macro/geopolitical context: Zacks published a piece recommending low‑leverage stocks as safer holdings amid Middle East tensions and market volatility — a backdrop that can both push investors toward defensive names and compress near‑term trading in discretionary/retail-related stocks. Bet on These 5 Low‑Leverage Stocks
• Neutral Sentiment: Short interest data in the most recent report is effectively a non‑reading (reported as zero shares / anomalous values), so there’s no clear short‑pressure signal to explain today’s move.
• Negative Sentiment: Wall Street Zen downgraded Casey’s to a “Hold” in a recent note — a downgrade can prompt some selling or reduce upside momentum even as some analysts raise earnings estimates. Casey’s Downgraded by Wall Street Zen

Casey’s General Stores Price Performance

CASY opened at $659.63 on Friday. The business’s 50-day moving average is $653.30 and its two-hundred day moving average is $586.40. Casey’s General Stores has a 1 year low of $391.55 and a 1 year high of $696.66. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.04 and a quick ratio of 0.64. The firm has a market capitalization of $24.38 billion, a PE ratio of 37.87, a price-to-earnings-growth ratio of 2.17 and a beta of 0.65.

Casey’s General Stores (NASDAQ:CASY) last released its quarterly earnings results on Monday, March 9th. The company reported $3.49 EPS for the quarter, beating the consensus estimate of $2.94 by $0.55. Casey’s General Stores had a net margin of 3.83% and a return on equity of 17.56%. The business had revenue of $3.92 billion during the quarter, compared to analyst estimates of $4.08 billion. During the same period in the prior year, the firm posted $2.33 earnings per share. The company’s quarterly revenue was up .3% on a year-over-year basis. Research analysts anticipate that Casey’s General Stores will post 13.94 earnings per share for the current fiscal year.

Casey’s General Stores Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Friday, May 1st. Casey’s General Stores’s dividend payout ratio (DPR) is currently 13.09%.

Insider Transactions at Casey’s General Stores

In other Casey’s General Stores news, Director Mike Spanos purchased 300 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were acquired at an average price of $665.43 per share, for a total transaction of $199,629.00. Following the completion of the purchase, the director owned 4,499 shares of the company’s stock, valued at approximately $2,993,769.57. The trade was a 7.14% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Katrina S. Lindsey sold 200 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $683.04, for a total transaction of $136,608.00. Following the completion of the transaction, the insider directly owned 4,039 shares of the company’s stock, valued at $2,758,798.56. The trade was a 4.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CASY. Hsbc Holdings PLC purchased a new stake in shares of Casey’s General Stores during the fourth quarter valued at $2,051,000. Forty three Eighteen Advisors LLC acquired a new position in shares of Casey’s General Stores in the 4th quarter valued at $224,000. Rockefeller Capital Management L.P. raised its stake in Casey’s General Stores by 43.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,706 shares of the company’s stock worth $1,496,000 after acquiring an additional 814 shares during the last quarter. World Investment Advisors purchased a new position in Casey’s General Stores in the 4th quarter worth $218,000. Finally, Corient Private Wealth LLC lifted its position in Casey’s General Stores by 8.5% during the 4th quarter. Corient Private Wealth LLC now owns 212,920 shares of the company’s stock worth $117,872,000 after acquiring an additional 16,657 shares during the period. Hedge funds and other institutional investors own 85.63% of the company’s stock.

Casey’s General Stores Company Profile

Casey’s General Stores, Inc (NASDAQ: CASY) is a U.S.-based convenience store chain that operates retail fuel stations and food-focused convenience outlets. Founded in 1959 in Boone, Iowa, the company has grown from a single neighborhood store into a regional operator known for combining traditional convenience retailing—fuel, packaged goods and tobacco—with a larger emphasis on fresh and prepared foods.

The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.