Casey’s General Stores, Inc. (NASDAQ:CASY) Stock Has Average Price Target of $835.38

Posted by Brenda Bartman on Oct 31st, 2026

Shares of Casey’s General Stores, Inc. (NASDAQ:CASY – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the twenty-one analysts that are presently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and sixteen have issued a buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $835.38.

CASY has been the topic of a number of recent analyst reports. KeyCorp cut their price objective on shares of Casey’s General Stores from $970.00 to $780.00 and set an “overweight” rating on the stock in a research note on Thursday, September 10th. Evercore reiterated an “outperform” rating and issued a $775.00 target price on shares of Casey’s General Stores in a research report on Friday, September 11th. Wells Fargo & Company lowered their target price on shares of 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. Northcoast Research upgraded shares of Casey’s General Stores from a “neutral” rating to a “buy” rating and set a $950.00 price target on the stock in a research report on Monday, July 13th. Finally, William Blair reaffirmed an “outperform” rating on shares of Casey’s General Stores in a research note on Wednesday, September 16th.

Get Our Latest Stock Analysis on CASY

Institutional Investors Weigh In On Casey’s General Stores

Several hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new position in shares of Casey’s General Stores during the 2nd quarter valued at $2,759,895,000. Bank of America Corp DE acquired a new position in shares of Casey’s General Stores in the second quarter worth $281,872,000. Bank of New York Mellon Corp purchased a new stake in shares of Casey’s General Stores during the second quarter worth $281,011,000. Jupiter Topco LLC purchased a new stake in shares of Casey’s General Stores during the second quarter worth $246,982,000. Finally, Principal Financial Group Inc. raised its holdings in shares of Casey’s General Stores by 2.1% during the first quarter. Principal Financial Group Inc. now owns 252,374 shares of the company’s stock worth $183,693,000 after acquiring an additional 5,294 shares in the last quarter. 85.63% of the stock is currently owned by institutional investors.

Casey’s General Stores Trading Up 0.4%

Casey’s General Stores stock opened at $680.19 on Monday. Casey’s General Stores has a 52-week low of $497.38 and a 52-week high of $927.85. The company has a quick ratio of 0.61, a current ratio of 1.02 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $25.14 billion, a price-to-earnings ratio of 32.76, a PEG ratio of 2.19 and a beta of 0.59. The firm has a 50-day moving average price of $672.65 and a two-hundred day moving average price of $739.73.

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 the consensus estimate of $6.78 by $0.59. Casey’s General Stores had a return on equity of 19.68% and a net margin of 4.14%. The firm had revenue of $5.68 billion for the quarter, compared to analysts’ expectations of $5.56 billion. During the same period last year, the firm earned $5.77 EPS. The firm’s revenue was up 24.3% compared to the same quarter last year. Sell-side analysts expect that Casey’s General Stores will post 21.61 earnings per share for the current year.

Casey’s General Stores Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Shareholders of record on Sunday, November 1st will be given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Friday, October 30th. Casey’s General Stores’s dividend payout ratio is 12.52%.

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.

The company’s stores typically offer gasoline and diesel alongside a range of grocery essentials, grab-and-go items and made-to-order foodservice.