Casey's General StoresCASY
CASY
About: Casey's serves as the nation's third-largest convenience store chain with its nearly 2,900 locations primarily positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates most of its warehousing and distribution processes internally.
Employees: 45,359
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
24% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 59
5% more repeat investments, than reductions
Existing positions increased: 250 | Existing positions reduced: 238
1% more funds holding
Funds holding: 661 [Q2] → 666 (+5) [Q3]
4.97% less ownership
Funds ownership: 91.34% [Q2] → 86.37% (-4.97%) [Q3]
7% less capital invested
Capital invested by funds: $12.9B [Q2] → $12B (-$903M) [Q3]
38% less call options, than puts
Call options by funds: $55M | Put options by funds: $88.1M
45% less funds holding in top 10
Funds holding in top 10: 11 [Q2] → 6 (-5) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$400
2%
upside
Avg. target
$440
12%
upside
High target
$470
20%
upside
5 analyst ratings
2 positive
40%
3 neutral
60%
0 negative
0%
BMO Capital Kelly Bania 79% 1-year accuracy 19 / 24 met price target | 15%upside $450 | Market Perform Reinstated | 18 Dec 2024 |
Evercore ISI Group Michael Montani 81% 1-year accuracy 13 / 16 met price target | 20%upside $470 | Outperform Maintained | 13 Dec 2024 |
RBC Capital Irene Nattel 0% 1-year accuracy 0 / 2 met price target | 9%upside $428 | Sector Perform Maintained | 10 Dec 2024 |
Deutsche Bank Krisztina Katai 55% 1-year accuracy 11 / 20 met price target | 16%upside $454 | Buy Maintained | 6 Nov 2024 |
Gordon Haskett Chuck Grom 38% 1-year accuracy 3 / 8 met price target | 2%upside $400 | Hold Initiated | 4 Nov 2024 |
Financial journalist opinion
Based on 5 articles about CASY published over the past 30 days
Neutral
Business Wire
1 week ago
Casey's Brings Classic Italian Deli Flavors to New Pizza Just in Time for National Pizza Week
ANKENY, Iowa--(BUSINESS WIRE)--Craving something full of classic deli flavors, but easy to pick up and enjoy? Casey's (NASDAQ: CASY) has you covered with our all-new limited time Italian Deli Pizza, just in time for National Pizza Week. Available on Casey's crispy thin crust or made-from-scratch traditional crust, Casey's Italian Deli Pizza is topped with rich, savory classic marinara, and then loaded with the flavor-packed deli salami, creamy 100% real mozzarella, chopped smokey bacon, tangy b.
Neutral
Zacks Investment Research
1 week ago
Insiders are Buying These 3 Large Cap Stocks
Investors can see insider buys as an overall net positive concerning the longer-term outlook. Recently, these three companies have seen their insiders get busy.
Neutral
Business Wire
1 week ago
Casey's Launches New Darn Good Coffee with Free Unlimited Offer
ANKENY, Iowa--(BUSINESS WIRE)--Casey's (NASDAQ: CASY) is putting the gourmet in gas station with its eight all-new Darn Good Coffee blends. Now featuring a variety of roasts and caffeine levels to satisfy every guest, the new blends start with high-quality beans that are freshly ground and brewed straight into the cup. Guests can enjoy a free coffee of any size with Casey's Rewards now through January 28 whenever they visit a Casey's store, one per transaction. Whether it's jump starting your m.
Positive
Zacks Investment Research
1 week ago
Should You Invest in Casey's Stock Despite Its Premium Valuation?
Casey's growth is promising, but rising costs and a premium valuation call for a measured investment approach.
Positive
MarketBeat
3 weeks ago
3 Stocks With Rising Prices That Are Likely to Split in 2025
A stock split has no fundamental impact on a business's health but it is a sign of business health investors should heed. Data from Bank of America shows that companies that split their stock tend to outperform the broad market and deliver leveraged returns over time.
Positive
Seeking Alpha
1 month ago
Casey's General Stores: High Valuation Appears To Have Already Priced In The Upside
I recommend a hold rating for Casey's General Stores due to its current valuation already reflecting the improved fundamental outlook. CASY reported strong 2Q25 results, with total revenue of $3.95 billion and significant EBIT and EBITDA growth, driven by robust fuel margins and inside store sales. Management's conservative FY26 outlook suggests potential for beating guidance, but the current valuation tempers my enthusiasm for a buy rating.
Positive
MarketBeat
1 month ago
3 Dividend Leaders Set for Strong Growth in 2025
Dividend growth stocks are companies with stable cash flow and the ability to increase their distributions annually. They are important for investors because they provide a stable return and leverage for portfolio growth.
Positive
MarketBeat
1 month ago
Why a Stock Split Could Be a Game-Changer for Casey's in 2025
Casey's General Stores NASDAQ: CASY is on track for a stock split that may happen in 2025 because its share price, up more than 525% over the past decade, is only heading higher, putting it out of reach of “average” investors. What does that mean?
Positive
Zacks Investment Research
1 month ago
Casey's Q2 Earnings Top Estimates, Inside Same-Store Sales Grow 4%
CASY reports fiscal second-quarter results, with solid inside same-store sales driven by growth in food and beverage categories, along with robust inside gross profit growth.
Neutral
Seeking Alpha
1 month ago
Casey's General Stores, Inc. (CASY) Q2 2025 Earnings Call Transcript
Casey's General Stores, Inc. (NASDAQ:CASY ) Q2 2025 Earnings Conference Call December 10, 2024 8:30 AM ET Company Participants Brian Johnson - Senior Vice President, Investor Relations and Business Development Darren Rebelez - President and Chief Executive Officer Steve Bramlage - Chief Financial Officer Conference Call Participants Robert Griffin - Raymond James Bonnie Herzog - Goldman Sachs Jacob Aiken-Phillips - Melius Research Anthony Bonadio - Wells Fargo Michael Montani - Evercore ISI Krisztina Katai - Deutsche Bank Corey Tarlowe - Jefferies Operator Good day, and thank you for standing by. Welcome to the Second Quarter FY 2025 Casey's General Stores Earnings Conference Call.
Charts implemented using Lightweight Charts™