Casey's General Stores
CASY

$373.82

1.82%

Market Cap: $13.8B

About: Casey's General Stores Inc owns and operates over 2,500 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.

Employees: 42,982

Consumer Discretionary Auto Dealers & Gasoline Stations

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 18 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

144% more first-time investments, than exits

New positions opened: 117 | Existing positions closed: 48

25% more funds holding in top 10

Funds holding in top 10: 8 [Q1] → 10 (+2) [Q2]

14% more capital invested

Capital invested by funds: $10.5B [Q1] → $12B (+$1.45B) [Q2]

12% more funds holding

Funds holding: 586 [Q1] → 655 (+69) [Q2]

1% more repeat investments, than reductions

Existing positions increased: 221 | Existing positions reduced: 218

4.14% less ownership

Funds ownership: 88.97% [Q1] → 84.83% (-4.14%) [Q2]

42% less call options, than puts

Call options by funds: $63.8M | Put options by funds: $110M

See Fund Rankings

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$300

20%

downside

Avg. target

$406

9%

upside

High target

$445

19%

upside

18 analyst ratings

13 positive

72%

5 neutral

28%

0 negative

0%

Wells Fargo Anthony Bonadio 56% 1-year accuracy 5 / 9 met price target	14%upside $425	Overweight Maintained	6 Sept 2024
Benchmark John Lawrence 60% 1-year accuracy 21 / 35 met price target	10%upside $410	Buy Reiterated	5 Sept 2024
RBC Capital Irene Nattel 0 / 0 met price target	8%upside $403	Sector Perform Maintained	5 Sept 2024
JP Morgan John Royall 36% 1-year accuracy 4 / 11 met price target	20%downside $300	Neutral Maintained	4 Sept 2024
Benchmark John Lawrence 60% 1-year accuracy 21 / 35 met price target	10%upside $410	Buy Reiterated	3 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 22 articles about CASY published over the past 30 days

Casey's General Stores: The Dividend Growth Stock You Can't Miss

Casey's General Stores NASDAQ: CASY is an attractive stock for dividend-growth portfolios because it has everything a dividend-growth investor can want, and it's reflected in share price action. The qualities that stand out most are the fortress balance sheet, self-funded growth, cash-flow strength, and robust capital return, including dividends and share repurchases.

Casey's General Stores: The Dividend Growth Stock You Can't Miss

Zacks Investment Research

Casey's Tops on Q1 Earnings Estimates, Records Strong Inside Margin

CASY reports solid y/y inside sales growth in Q1, driven by robust food and beverage categories, along with improvements in profitability and margins.

Casey's Tops on Q1 Earnings Estimates, Records Strong Inside Margin

Casey's General Stores, Inc. (CASY) Q1 2025 Earnings Call Transcript

Casey's General Stores, Inc. (NASDAQ:CASY ) Q1 2025 Earnings Conference Call September 5, 2024 8:30 AM ET Company Participants Brian Johnson - SVP, IR & Business Development Darren Rebelez - President & CEO Steve Bramlage - CFO Conference Call Participants Michael Montani - Evercore ISI Robert Griffin - Raymond James Bonnie Herzog - Goldman Sachs Chuck Cerankosky - Northcoast Research Krisztina Katai - Deutsche Bank Corey Tarlowe - Jefferies Anthony Bonadio - Wells Fargo Operator Good day, and thank you for standing by. Welcome to the First Quarter FY 2025 Casey's General Stores Earnings Conference Call.

Casey's General Stores, Inc. (CASY) Q1 2025 Earnings Call Transcript

2 Fundamentally Sound, Undercovered Stocks With Great Long Term Potential

Stocks offer better total return potential over the longer term; IPG and CASY are two undercovered, dividend stocks with solid fundamentals and growth potential. IPG's strong fundamentals, low debt, and share buybacks make it a compelling long-term investment for dividend investors. CASY's expansion, customer loyalty, and robust financials position it for continued growth and attractive returns.

2 Fundamentally Sound, Undercovered Stocks With Great Long Term Potential

Zacks Investment Research

Casey's (CASY) Reports Q1 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Casey's (CASY) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Casey's (CASY) Reports Q1 Earnings: What Key Metrics Have to Say

Zacks Investment Research

Casey's General Stores (CASY) Tops Q1 Earnings Estimates

Casey's General Stores (CASY) came out with quarterly earnings of $4.83 per share, beating the Zacks Consensus Estimate of $4.54 per share. This compares to earnings of $4.52 per share a year ago.

Casey's General Stores (CASY) Tops Q1 Earnings Estimates

Casey's Announces First Quarter Results

ANKENY, Iowa--(BUSINESS WIRE)--Casey's General Stores, Inc. ("Casey's" or the "Company") (Nasdaq: CASY) one of the leading convenience store chains in the United States, today announced financial results for the three months ended July 31, 2024. First Quarter Key Highlights Diluted EPS of $4.83, up 7% from the same period a year ago. Net income was $180 million, up 6%, and EBITDA1 was $346 million, up 9%, from the same period a year ago. Inside same-store sales increased 2.3% compared to prior.

Casey's Announces First Quarter Results

Casey's Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Casey's General Stores, Inc. CASY will release earnings results for its first quarter, after the closing bell on Wednesday, Sept. 4.

Casey's Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

3 No-Brainer Stocks to Buy and Hold Long-Term

No-brainer stocks are easy to own because they require little analysis to uncover their strengths, which include growth, cash flow, fortress balance sheets, and capital returns. From the buy-and-hold perspective, they fit right into the Warren Buffett school of investing and can deliver value for investors year after year.

3 No-Brainer Stocks to Buy and Hold Long-Term

Zacks Investment Research

Casey's Q1 Earnings on the Horizon: What Investors Need to Know

CASY's Q1 earnings results are likely to reflect growth in prepared food and dispensed beverage as well as grocery and general merchandise categories.

Casey's Q1 Earnings on the Horizon: What Investors Need to Know

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