Casey’s General Stores Inc. Declares Quarterly Dividend of $0.20 (CASY)
Casey’s General Stores (NASDAQ:CASY) announced a quarterly dividend on Monday, June 9th, StockRatingsNetwork reports. Shareholders of record on Friday, August 1st will be paid a dividend of 0.20 per share on Friday, August 15th. This represents a $0.80 annualized dividend and a dividend yield of 1.07%.
Several analysts have recently commented on the stock. Analysts at Ned Davis Research upgraded shares of Casey’s General Stores from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Analysts at Feltl & Co. downgraded shares of Casey’s General Stores from a “buy” rating to a “hold” rating in a research note on Tuesday, March 11th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $73.83.
Casey’s General Stores (NASDAQ:CASY) traded up 3.34% on Monday, hitting $74.77. 299,339 shares of the company’s stock traded hands. Casey’s General Stores has a 1-year low of $57.22 and a 1-year high of $77.58. The stock’s 50-day moving average is $68.26 and its 200-day moving average is $68.92. The company has a market cap of $2.878 billion and a price-to-earnings ratio of 20.84.
Casey’s General Stores (NASDAQ:CASY) last released its earnings data on Monday, June 9th. The company reported $0.59 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.53 by $0.06. The company had revenue of $1.92 million for the quarter, compared to the consensus estimate of $1.92 million. Analysts expect that Casey’s General Stores will post $3.41 EPS for the current fiscal year.
Casey’s General Stores, Inc and its wholly owned subsidiaries (NASDAQ:CASY), operate convenience stores under the name Casey’s General Store in 11 Midwestern states, primarily Iowa, Missouri, and Illinois.
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