Q4 EPS Estimate for Casey’s General Stores Lifted by Analyst

Casey’s General Stores, Inc. (NASDAQ:CASY) – Equities research analysts at Zacks Research upped their Q4 2026 earnings estimates for Casey’s General Stores in a report issued on Tuesday, December 23rd. Zacks Research analyst Team now expects that the company will post earnings per share of $3.05 for the quarter, up from their previous estimate of $2.83. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Casey’s General Stores’ current full-year earnings is $13.94 per share. Zacks Research also issued estimates for Casey’s General Stores’ Q1 2027 earnings at $6.05 EPS, Q2 2027 earnings at $5.91 EPS, Q3 2027 earnings at $3.05 EPS, Q4 2027 earnings at $3.34 EPS, FY2027 earnings at $18.35 EPS, Q1 2028 earnings at $6.56 EPS, Q2 2028 earnings at $6.41 EPS and FY2028 earnings at $19.90 EPS.

A number of other research analysts have also recently issued reports on CASY. Stephens lifted their price target on Casey’s General Stores from $570.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, December 3rd. UBS Group restated a “neutral” rating on shares of Casey’s General Stores in a research report on Thursday, December 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Casey’s General Stores in a research report on Monday. Jefferies Financial Group increased their price target on shares of Casey’s General Stores from $575.00 to $600.00 and gave the company a “buy” rating in a research note on Tuesday, September 9th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $530.00 price target on shares of Casey’s General Stores in a report on Wednesday, December 10th. Seven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $585.67.

Casey’s General Stores Trading Up 0.2%

Shares of CASY opened at $568.18 on Thursday. The stock has a fifty day moving average price of $547.77 and a two-hundred day moving average price of $531.83. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.65 and a current ratio of 1.05. The company has a market cap of $21.06 billion, a price-to-earnings ratio of 34.94 and a beta of 0.65. Casey’s General Stores has a 52-week low of $372.08 and a 52-week high of $575.98.

Casey’s General Stores (NASDAQ:CASY) last announced its earnings results on Tuesday, December 9th. The company reported $5.53 EPS for the quarter, topping the consensus estimate of $4.92 by $0.61. Casey’s General Stores had a return on equity of 16.89% and a net margin of 3.58%.The business had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.51 billion. During the same period in the previous year, the business earned $4.85 EPS. Casey’s General Stores’s revenue was up 14.2% compared to the same quarter last year.

Casey’s General Stores Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Sunday, February 1st will be given a dividend of $0.57 per share. The ex-dividend date is Friday, January 30th. This represents a $2.28 annualized dividend and a dividend yield of 0.4%. Casey’s General Stores’s payout ratio is currently 14.02%.

Insider Buying and Selling at Casey’s General Stores

In related news, insider Chad Michael Frazell sold 3,487 shares of the business’s stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $555.40, for a total transaction of $1,936,679.80. Following the completion of the sale, the insider directly owned 7,993 shares of the company’s stock, valued at $4,439,312.20. The trade was a 30.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.54% of the stock is currently owned by company insiders.

Institutional Trading of Casey’s General Stores

A number of institutional investors have recently bought and sold shares of CASY. Foster Dykema Cabot & Partners LLC bought a new stake in shares of Casey’s General Stores during the 3rd quarter valued at $25,000. Westside Investment Management Inc. grew its stake in shares of Casey’s General Stores by 100.0% during the third quarter. Westside Investment Management Inc. now owns 46 shares of the company’s stock worth $26,000 after purchasing an additional 23 shares during the period. Atlantic Union Bankshares Corp bought a new stake in Casey’s General Stores in the third quarter valued at about $33,000. Vermillion & White Wealth Management Group LLC acquired a new position in Casey’s General Stores in the third quarter valued at about $35,000. Finally, Nvwm LLC bought a new position in Casey’s General Stores during the second quarter worth about $32,000. Institutional investors and hedge funds own 85.63% of the company’s stock.

Key Stores Impacting Casey’s General Stores

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

• Positive Sentiment: Zacks raised multi‑period earnings forecasts, boosting FY2027 to $18.35 (from $17.80) and FY2028 to $19.90 (from $19.40), improving the medium‑term EPS outlook and supporting valuation multiples.
• Positive Sentiment: Multiple quarterly upgrades from Zacks: Q4 2026 to $3.05 (from $2.83), Q2 2027 to $5.91 (from $5.43), Q3 2027 to $3.05 (from $2.92), Q4 2027 to $3.34 (from $3.25), and Q2 2028 to $6.41 (from $5.92) — suggests analysts expect stronger franchise performance and margin leverage in several upcoming quarters.
• Positive Sentiment: Technical momentum: CASY has crossed above its 20‑day moving average and hit a 52‑week high, a short‑term bullish signal that often attracts momentum and trend‑following flows. Read More. Read More.
• Neutral Sentiment: Zacks maintains a “Hold” rating despite the estimate changes — upgrades lift EPS expectations but the rating indicates analysts see the stock as fairly valued for now.
• Neutral Sentiment: Reported short‑interest data is effectively meaningless (shows 0 shares and NaN change), so there’s no clear short‑squeeze dynamic to amplify moves.
• Negative Sentiment: Zacks trimmed near‑term Q1 estimates twice: Q1 2027 to $6.05 (from $6.20) and Q1 2028 to $6.56 (from $6.76), signaling potential short‑term variability in comps or margin pressure for specific quarters.

About Casey’s General Stores

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.