Zacks Research Has Bullish Estimate for CASY Q4 Earnings

Casey’s General Stores, Inc. (NASDAQ:CASY) – Equities research analysts at Zacks Research raised their Q4 2026 earnings estimates for shares of Casey’s General Stores in a note issued to investors on Tuesday, December 23rd. Zacks Research analyst Team now expects that the company will post earnings of $3.05 per share for the quarter, up from their previous forecast of $2.83. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Casey’s General Stores’ current full-year earnings is $13.94 per share. Zacks Research also issued estimates for Casey’s General Stores’ Q1 2027 earnings at $6.05 EPS, Q2 2027 earnings at $5.91 EPS, Q3 2027 earnings at $3.05 EPS, Q4 2027 earnings at $3.34 EPS, FY2027 earnings at $18.35 EPS, Q1 2028 earnings at $6.56 EPS, Q2 2028 earnings at $6.41 EPS and FY2028 earnings at $19.90 EPS.

Casey’s General Stores (NASDAQ:CASY) last announced its quarterly earnings data on Tuesday, December 9th. The company reported $5.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.92 by $0.61. Casey’s General Stores had a net margin of 3.58% and a return on equity of 16.89%. The firm had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.51 billion. During the same period last year, the firm earned $4.85 earnings per share. The business’s revenue for the quarter was up 14.2% on a year-over-year basis.

A number of other equities research analysts have also recently commented on the company. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $530.00 price objective on shares of Casey’s General Stores in a research note on Wednesday, December 10th. Royal Bank Of Canada raised their target price on Casey’s General Stores from $570.00 to $591.00 and gave the stock a “sector perform” rating in a report on Wednesday, December 10th. KeyCorp restated an “overweight” rating on shares of Casey’s General Stores in a research report on Thursday, December 11th. BMO Capital Markets increased their price target on shares of Casey’s General Stores from $515.00 to $540.00 and gave the company a “market perform” rating in a research report on Wednesday, September 10th. Finally, Evercore ISI lifted their price objective on shares of Casey’s General Stores from $585.00 to $610.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 2nd. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $585.67.

Casey’s General Stores Stock Performance

Shares of Casey’s General Stores stock opened at $568.80 on Thursday. The firm has a fifty day moving average of $547.94 and a two-hundred day moving average of $532.98. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.65 and a current ratio of 1.05. The stock has a market capitalization of $21.09 billion, a price-to-earnings ratio of 34.98 and a beta of 0.65. Casey’s General Stores has a 52 week low of $372.08 and a 52 week high of $575.98.

Casey’s General Stores Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Sunday, February 1st will be given a $0.57 dividend. The ex-dividend date is Friday, January 30th. This represents a $2.28 annualized dividend and a dividend yield of 0.4%. Casey’s General Stores’s payout ratio is currently 14.02%.

Insider Transactions at Casey’s General Stores

In other Casey’s General Stores news, insider Chad Michael Frazell sold 3,487 shares of the firm’s stock in a transaction that occurred on Monday, September 29th. The shares were sold at an average price of $555.40, for a total transaction of $1,936,679.80. Following the sale, the insider directly owned 7,993 shares in the company, valued at approximately $4,439,312.20. This trade represents a 30.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On Casey’s General Stores

Several large investors have recently made changes to their positions in the stock. Foster Dykema Cabot & Partners LLC acquired a new position in Casey’s General Stores in the 3rd quarter worth $25,000. Westside Investment Management Inc. lifted its holdings in shares of Casey’s General Stores by 100.0% in the third quarter. Westside Investment Management Inc. now owns 46 shares of the company’s stock valued at $26,000 after purchasing an additional 23 shares in the last quarter. Nvwm LLC bought a new stake in shares of Casey’s General Stores in the second quarter valued at about $32,000. Atlantic Union Bankshares Corp acquired a new position in shares of Casey’s General Stores during the third quarter worth about $33,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of Casey’s General Stores by 490.9% during the third quarter. Cornerstone Planning Group LLC now owns 65 shares of the company’s stock worth $34,000 after buying an additional 54 shares in the last quarter. Institutional investors own 85.63% of the company’s stock.

Key Headlines Impacting Casey’s General Stores

Here are the key news stories impacting Casey’s General Stores this week:

• Positive Sentiment: Zacks raised FY2027 EPS to $18.35 (from $17.80) and FY2028 to $19.90 (from $19.40), signaling stronger full‑year profit outlooks that could support higher valuation multiples. Zacks Research Revisions
• Positive Sentiment: Several quarterly raises: Q2 2027 bumped to $5.91 (from $5.43), Q3 2027 to $3.05 (from $2.92), Q4 2027 to $3.34 (from $3.25), and Q4 2026 to $3.05 (from $2.83) — these increments point to better-than-expected operational trends across upcoming quarters. Zacks Research Revisions
• Neutral Sentiment: Zacks retains a “Hold” rating on CASY despite the mixed revisions; the firm’s view tempers how strongly investors may react to the estimate changes. Zacks Research Revisions
• Negative Sentiment: Zacks trimmed near‑term estimates: Q1 2027 was cut to $6.05 (from $6.20) and Q1 2028 to $6.56 (from $6.76), indicating potential short‑term headwinds that could weigh on next‑quarter expectations and near‑term stock momentum. Zacks Research Revisions

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.