Q1 2025 Earnings Estimate for Casey’s General Stores, Inc. (NASDAQ:CASY) Issued By Zacks Research

Casey’s General Stores, Inc. (NASDAQ:CASY) – Equities research analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for Casey’s General Stores in a report released on Tuesday, June 25th. Zacks Research analyst S. Singh now forecasts that the company will earn $4.52 per share for the quarter, down from their prior forecast of $4.56. The consensus estimate for Casey’s General Stores’ current full-year earnings is $14.20 per share. Zacks Research also issued estimates for Casey’s General Stores’ Q2 2025 earnings at $4.38 EPS, Q3 2025 earnings at $2.68 EPS, Q4 2025 earnings at $2.57 EPS, FY2025 earnings at $14.15 EPS, Q1 2026 earnings at $4.88 EPS, Q3 2026 earnings at $2.95 EPS, Q4 2026 earnings at $2.78 EPS, FY2026 earnings at $15.36 EPS and FY2027 earnings at $16.93 EPS.

A number of other research analysts also recently issued reports on the company. StockNews.com downgraded Casey’s General Stores from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 20th. Northcoast Research downgraded shares of Casey’s General Stores from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 15th. BMO Capital Markets raised their price objective on shares of Casey’s General Stores from $305.00 to $400.00 and gave the stock a “market perform” rating in a report on Thursday, June 13th. Royal Bank of Canada upped their target price on Casey’s General Stores from $322.00 to $361.00 and gave the stock a “sector perform” rating in a report on Wednesday, June 12th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Casey’s General Stores from $375.00 to $420.00 and gave the company a “buy” rating in a research note on Thursday, June 13th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $380.11.

Casey’s General Stores Trading Down 0.3 %

Shares of CASY stock opened at $381.56 on Thursday. The stock has a market capitalization of $14.16 billion, a PE ratio of 28.41, a P/E/G ratio of 2.76 and a beta of 0.83. Casey’s General Stores has a 1-year low of $234.88 and a 1-year high of $389.43. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.87 and a quick ratio of 0.42. The business has a 50-day moving average of $341.24 and a 200 day moving average of $309.43.

Casey’s General Stores (NASDAQ:CASY) last posted its quarterly earnings results on Tuesday, June 11th. The company reported $2.34 EPS for the quarter, topping the consensus estimate of $1.70 by $0.64. Casey’s General Stores had a net margin of 3.38% and a return on equity of 17.25%. The firm had revenue of $3.60 billion for the quarter, compared to the consensus estimate of $3.47 billion. During the same period last year, the firm posted $1.49 earnings per share. The business’s revenue was up 8.2% compared to the same quarter last year.

Casey’s General Stores Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 15th. Investors of record on Thursday, August 1st will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 0.52%. This is an increase from Casey’s General Stores’s previous quarterly dividend of $0.43. The ex-dividend date is Thursday, August 1st. Casey’s General Stores’s dividend payout ratio is 14.89%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of CASY. BKM Wealth Management LLC purchased a new stake in shares of Casey’s General Stores during the fourth quarter valued at approximately $29,000. Rise Advisors LLC purchased a new position in shares of Casey’s General Stores during the 1st quarter valued at about $30,000. Advisors Asset Management Inc. bought a new position in shares of Casey’s General Stores during the 1st quarter valued at approximately $32,000. V Square Quantitative Management LLC purchased a new stake in Casey’s General Stores in the 4th quarter worth approximately $35,000. Finally, McGlone Suttner Wealth Management Inc. bought a new stake in Casey’s General Stores during the 4th quarter worth approximately $36,000. 85.63% of the stock is owned by hedge funds and other institutional investors.

Casey’s General Stores Company Profile

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 pizza, donuts, breakfast items, and sandwiches; and tobacco and nicotine products. The company's stores provide 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, automotive products, electronic accessories, housewares, and pet supplies; and ATM, lotto/lottery, and prepaid cards.