Casey’s General Stores (NASDAQ:CASY – Get Free Report) posted its earnings results on Tuesday. The company reported $4.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $1.06, Zacks reports. Casey’s General Stores had a net margin of 4.07% and a return on equity of 18.96%. The business had revenue of $4.57 billion for the quarter, compared to analysts’ expectations of $4.33 billion. During the same quarter in the prior year, the business earned $2.63 EPS. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year.
Casey’s General Stores Trading Up 20.3%
Casey’s General Stores stock opened at $915.60 on Thursday. The firm has a 50 day moving average of $794.30 and a 200 day moving average of $681.81. The firm has a market capitalization of $33.84 billion, a price-to-earnings ratio of 47.79, a P/E/G ratio of 2.11 and a beta of 0.61. Casey’s General Stores has a 12-month low of $488.91 and a 12-month high of $917.47. The company has a current ratio of 1.04, a quick ratio of 0.64 and a debt-to-equity ratio of 0.61.
Casey’s General Stores Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Saturday, August 1st will be issued a $0.65 dividend. The ex-dividend date of this dividend is Friday, July 31st. This represents a $2.60 annualized dividend and a yield of 0.3%. This is a positive change from Casey’s General Stores’s previous quarterly dividend of $0.57. Casey’s General Stores’s payout ratio is currently 13.09%.
Analyst Ratings Changes
View Our Latest Research Report on Casey’s General Stores
Insider Transactions at Casey’s General Stores
In other news, Director Mike Spanos bought 300 shares of Casey’s General Stores stock in a transaction that occurred on Friday, March 13th. The stock was bought at an average cost of $665.43 per share, with a total value of $199,629.00. Following the acquisition, the director owned 4,499 shares of the company’s stock, valued at $2,993,769.57. The trade was a 7.14% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.
Institutional Investors Weigh In On Casey’s General Stores
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Compound Planning Inc. increased its holdings in Casey’s General Stores by 8.6% in the 4th quarter. Compound Planning Inc. now owns 977 shares of the company’s stock worth $540,000 after acquiring an additional 77 shares in the last quarter. Invesco Ltd. boosted its stake in Casey’s General Stores by 12.6% in the 4th quarter. Invesco Ltd. now owns 572,152 shares of the company’s stock worth $316,234,000 after purchasing an additional 64,154 shares during the period. Corient Private Wealth LLC boosted its stake in Casey’s General Stores by 115.9% in the 4th quarter. Corient Private Wealth LLC now owns 423,666 shares of the company’s stock worth $234,164,000 after purchasing an additional 227,403 shares during the period. Strive Financial Group LLC bought a new position in Casey’s General Stores in the 4th quarter worth approximately $2,017,000. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Casey’s General Stores by 46.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,167 shares of the company’s stock worth $3,962,000 after purchasing an additional 2,284 shares during the period. 85.63% of the stock is owned by hedge funds and other institutional investors.
More Casey’s General Stores News
Here are the key news stories impacting Casey’s General Stores this week:
- Positive Sentiment: Casey’s reported fiscal Q4 EPS of $4.37, well above estimates, while revenue of $4.57 billion also beat forecasts; net income, EBITDA, and same-store sales all rose sharply year over year. Casey’s Announces Fourth Quarter and Fiscal Year Results
- Positive Sentiment: The company highlighted durable margin momentum, with inside sales strength, fuel discipline, and store growth expected to support rising EBITDA and keep inside margins above 42% into fiscal 2027. CASY Q4 Earnings Call Flags Durable Margin Momentum
- Positive Sentiment: Casey’s raised its quarterly dividend by 14% to $0.65 per share, reinforcing confidence in cash generation and shareholder returns. Casey’s General Stores raises dividend by 14% to $0.65
- Neutral Sentiment: Multiple market recaps and earnings-call transcripts circulated as investors digested the results and management’s outlook, but these were largely commentary on the same earnings catalyst. Casey’s General Stores Q4 2026 Earnings Call Transcript
- Negative Sentiment: Some analysts flagged that the stock’s valuation is rich after the run-up, with concerns that elevated earnings multiples could limit near-term upside if growth moderates. Casey’s General Stores Q4: Hard To Buy At 41x Earnings
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.
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