Casey’s General Stores, Inc. (NASDAQ:CASY) Stock Has Average Target Price of $840.69 According to Brokerages

04 Oct 2026, 06:58 by Sarita Garza · The Markets Daily

Casey’s General Stores, Inc. (NASDAQ:CASY – Get Free Report) has received a consensus rating of “Moderate Buy” from the twenty-one research firms that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $840.69.

Several research analysts have weighed in on CASY shares. Royal Bank Of Canada lowered their target price on shares of Casey’s General Stores from $913.00 to $910.00 and set a “sector perform” rating for the company in a research note on Wednesday, September 9th. Wells Fargo & Company decreased their price target on Casey’s General Stores from $960.00 to $750.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $933.00 price objective on shares of Casey’s General Stores in a research note on Thursday, September 10th. JPMorgan Chase & Co. lowered their target price on Casey’s General Stores from $975.00 to $833.00 and set a “neutral” rating for the company in a report on Thursday, September 3rd. Finally, UBS Group dropped their target price on Casey’s General Stores from $925.00 to $720.00 and set a “neutral” rating for the company in a research report on Thursday, September 10th.

Read Our Latest Report on Casey’s General Stores

Casey’s General Stores Stock Down 0.3%

Shares of NASDAQ CASY opened at $617.76 on Thursday. The company has a market capitalization of $22.83 billion, a P/E ratio of 29.76, a P/E/G ratio of 2.01 and a beta of 0.59. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.02 and a quick ratio of 0.61. The company has a 50 day simple moving average of $743.37 and a 200-day simple moving average of $777.16. Casey’s General Stores has a 1 year low of $497.38 and a 1 year high of $927.85.

Casey’s General Stores (NASDAQ:CASY – Get Free Report) last posted its earnings results on Tuesday, September 8th. The company reported $7.37 EPS for the quarter, beating analysts’ consensus estimates of $6.78 by $0.59. The company had revenue of $5.68 billion for the quarter, compared to the consensus estimate of $5.56 billion. Casey’s General Stores had a return on equity of 19.68% and a net margin of 4.14%.The company’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $5.77 earnings per share. On average, equities research analysts predict that Casey’s General Stores will post 21.43 earnings per share for the current year.

Casey’s General Stores Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Sunday, November 1st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $2.60 annualized dividend and a dividend yield of 0.4%. Casey’s General Stores’s dividend payout ratio (DPR) is presently 12.52%.

Insider Activity at Casey’s General Stores

In related news, CFO P Jr sold 5,700 shares of Casey’s General Stores stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $838.16, for a total value of $4,777,512.00. Following the completion of the transaction, the chief financial officer owned 29,677 shares in the company, valued at approximately $24,874,074.32. The trade was a 16.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Allison Wing sold 530 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $837.58, for a total transaction of $443,917.40. Following the sale, the director directly owned 3,042 shares in the company, valued at approximately $2,547,918.36. The trade was a 14.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 25,230 shares of company stock worth $20,449,169. Corporate insiders own 0.67% of the company’s stock.

Institutional Trading of Casey’s General Stores

Large investors have recently modified their holdings of the stock. Fiduciary Financial Advisors purchased a new position in Casey’s General Stores in the second quarter valued at $26,000. Polaris Financial Partners acquired a new stake in Casey’s General Stores in the 3rd quarter valued at about $29,000. Whipplewood Advisors LLC purchased a new position in shares of Casey’s General Stores in the 1st quarter valued at about $33,000. Bell Investment Advisors Inc purchased a new position in shares of Casey’s General Stores in the 2nd quarter valued at about $33,000. Finally, Anchor Investment Management LLC grew its holdings in Casey’s General Stores by 72.0% during the 2nd quarter. Anchor Investment Management LLC now owns 43 shares of the company’s stock worth $34,000 after acquiring an additional 18 shares in the last quarter. Hedge funds and other institutional investors own 85.63% of the company’s stock.

Casey’s General Stores Company Profile

(Get Free Report)

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.