Casey's General Stores Added to S&P 500: Key Information for Investors
Casey's General Stores (CASY) is set to join the S&P 500 index on April 9, 2026, replacing Hologic (HOLX). While this inclusion typically boosts stock prices due to passive fund adjustments, analysts caution that Casey's already high valuation and operational challenges could limit long-term gains. Investors are advised to consider the company's ability to execute growth plans and the broader market environment, as the S&P 500 itself has not yet shown clear signs of a sustained recovery.
Casey's General Stores to Join the S&P 500 This Week
Casey's General Stores (CASY) is set to join the S&P 500 index this week, replacing American Financial Group. This inclusion marks the convenience store chain's ascent into one of the most prestigious stock market indices, reflecting its growth and market capitalization. The move is expected to bring increased visibility and investor interest to the company.
Casey's General Stores (NASDAQ:CASY) Hits New 12-Month High - Still a Buy?
Casey's General Stores (NASDAQ:CASY) recently reached a new 52-week high, with shares trading above analysts' average price target of $700. The company reported an EPS beat ($3.49 vs. $2.94 estimate) in its latest quarter, though revenue slightly missed expectations. Analysts hold a "Moderate Buy" consensus rating for CASY, and institutional investors have been actively trading its shares, with insider transactions also noted.
SG Americas Securities LLC Trims Holdings in Casey's General Stores, Inc. $CASY
SG Americas Securities LLC significantly reduced its stake in Casey's General Stores (NASDAQ:CASY) by 66.2% in Q4 2025, selling 6,967 shares and retaining 3,550 shares valued at approximately $1.962 million. Despite this, other hedge funds increased their positions, and Casey's reported an EPS beat of $3.49 against estimates but missed revenue expectations. The company declared a quarterly dividend of $0.57 per share, and analysts maintain a "Moderate Buy" rating with price target increases from Jefferies and Wells Fargo.
Casey’s General Store to Open Over 10 Locations in Florida Panhandle
Casey’s General Stores, an Ankeny-based gas-station and convenience-store chain, announced plans to open more than ten new stores in the Florida Panhandle. This expansion is part of a larger acquisition strategy, broadening Casey's national presence to nearly 3,000 locations by incorporating nearly 200 CEFCO locations across multiple Southern states.
Casey’s General Store to Open 10 Locations in Florida Panhandle | WOC 1420 | WOC Local And Regional News
Casey's General Stores plans to open more than ten new locations in the Florida Panhandle as part of a larger acquisition of nearly 200 CEFCO stores across multiple southern states. This expansion will bring the Ankeny-based gas station and convenience store chain's total number of stores nationwide to nearly 3,000.
Casey's General Stores, Inc. $CASY Shares Sold by Aberdeen Group plc
Aberdeen Group plc reduced its stake in Casey's General Stores (NASDAQ:CASY) by 7.3% in Q4 2025, selling 5,165 shares, though still holding 65,240 shares valued at $36.06 million. Despite this, two company directors recently purchased 300 shares each, signaling insider confidence. Analysts maintain a "Moderate Buy" consensus with a target of $700.09, and the company beat EPS expectations but missed on revenue in its latest quarter.
Did Casey’s Profit Jump and CEFCO Expansion Just Shift Casey's General Stores' (CASY) Investment Narrative?
Casey's General Stores has shown strong profit growth, with diluted EPS up 50% and EBITDA rising 27.5%, and has upgraded its fiscal 2026 guidance. The company is actively integrating CEFCO acquisitions and expanding into new regions, focusing on converting acquired stores to enhance higher-margin inside sales. These developments strengthen Casey's investment narrative, though the successful execution of these integrations is crucial given the stock's current valuation.
Buc-ee's rival pushes further into Gulf Coast with new stores
Casey's General Store, a Midwestern convenience chain, is expanding its presence along the eastern Gulf Coast, potentially setting up a rivalry with Buc-ee's. Casey's will acquire 10 former CEFCO stores in the Pensacola, Florida area and open multiple locations in Alabama. The company, which purchased Fikes Wholesale in 2024, has been steadily expanding its footprint in the South, including Texas, and is known for its gasoline services and innovative pizzas.
Nisa Investment Advisors LLC Acquires 2,256 Shares of Casey's General Stores, Inc. $CASY
Nisa Investment Advisors LLC significantly increased its stake in Casey's General Stores (NASDAQ:CASY) by 25.5%, purchasing an additional 2,256 shares to own 11,101 shares valued at $6.14 million. This move contributes to institutional investors holding approximately 85.63% of the company's stock. Despite missing revenue estimates, Casey's General Stores surpassed EPS expectations in its latest quarter, and analysts generally maintain a "Moderate Buy" rating with an average target price of $700.09.
Casey's General Stores, Inc. (CASY) stock price, news, quote and history
This page provides comprehensive information on Casey's General Stores, Inc. (CASY) stock, including its current price, market data, historical performance, and recent news. It also details the company's business overview, financial highlights, and analyst recommendations.
Casey's General Stores, Inc. (CASY) Hits Fresh High: Is There Still Room to Run?
Casey's General Stores (CASY) recently reached a new 52-week high, driven by strong earnings performance and a positive Zacks Rank of #2 (Buy). The stock has outperformed its sector and industry, with anticipated continued earnings and revenue growth. While valuation metrics show a premium compared to peers, rising earnings estimates suggest there may be further room for the stock to appreciate.
Casey's General Stores, Inc. (CASY) Reaches New Peak: Does It Have More Upside Potential?
Casey's General Stores (CASY) recently hit a new 52-week high, outperforming both the Zacks Retail-Wholesale sector and its industry with a 31.7% gain year-to-date. The company has consistently beaten earnings expectations, with strong forward-looking EPS and revenue growth projected. While its valuation metrics are higher than industry averages, its Zacks Rank #2 (Buy) and positive earnings estimate revisions suggest potential for further growth.
Here's why Casey's General Stores (CASY) is a strong momentum stock
The article identifies Casey's General Stores (CASY) as a strong momentum stock. It suggests that investors should consider this stock due to its positive market performance indicators, making it an attractive option for those seeking momentum plays.
Casey's General Stores (CASY) Is Up 8.28% in One Week: What You Should Know
Casey's General Stores (CASY) has seen an 8.28% increase in its stock price over the past week, outperforming the retail convenience store industry. The company holds a Zacks Momentum Style Score of B and a Zacks Rank of #2 (Buy), indicating potential for continued upward momentum. This performance is supported by positive price trends and favorable earnings estimate revisions from analysts.
Short Interest in Casey's General Stores Jumps 37.3%
Short interest in Casey's General Stores (CASY) increased by 37.3% in March, reaching 945,663 shares sold short. This rise suggests growing market skepticism about the convenience store chain's future performance, with investors betting against the company. The short interest represents 2.6% of outstanding shares and a short interest ratio of 1.7 days, indicating potential concerns about its outlook.
Casey's General Stores (CASY) price target increased by 11.02% to 736.47
The article states that the price target for Casey's General Stores (CASY) has been raised by 11.02% to $736.47. No further details are provided in the content.
Casey's General Stores, Inc. $CASY Position Cut by Hunter Perkins Capital Management LLC
Hunter Perkins Capital Management LLC reduced its stake in Casey's General Stores (NASDAQ:CASY) by 18.0% during the fourth quarter, selling 9,218 shares and owning 42,022 shares valued at approximately $23.23 million. Despite the cut, CASY remains the firm's third-largest holding, representing about 5.4% of its portfolio. Casey's recently reported an earnings beat with $3.49 EPS against $2.94 expected, though revenue fell short, and analysts anticipate 13.94 EPS for the current fiscal year.
Wedge Capital Management L L P NC Has $35.83 Million Position in Casey's General Stores, Inc. $CASY
Wedge Capital Management L L P NC has increased its stake in Casey's General Stores Inc. (CASY) by 8.6%, now holding over $35.83 million worth of shares. Casey's recently exceeded Q4 EPS estimates and declared a quarterly dividend of $0.57, with institutional investors owning 85.63% of the stock. Analyst sentiment is mixed, with some price target increases but also a "Neutral" initiation from JPMorgan, leading to a consensus "Moderate Buy" rating.
Riverbridge Partners LLC Has $16.06 Million Stock Position in Casey's General Stores, Inc. $CASY
Riverbridge Partners LLC reduced its stake in Casey's General Stores (NASDAQ:CASY) by 21.8% in Q4, holding 29,061 shares valued at $16.06 million. Despite institutional selling, insider activity shows mixed signals with a director increasing her stake while another insider sold shares. Casey's General Stores beat EPS expectations but missed revenue forecasts, maintains a "Moderate Buy" consensus rating with a $700.09 price target, and declared a quarterly dividend of $0.57 per share.
JP Morgan Initiates Coverage of Casey's General Stores (CASY) with Neutral Recommendation
JP Morgan has initiated coverage of Casey's General Stores (CASY) with a "Neutral" recommendation. This suggests that the bank's analysts view the stock as likely to perform in line with the broader market. Investors will be watching for further analysis and price targets from JP Morgan regarding CASY's outlook.
Dakota Wealth Management Has $12.99 Million Position in Casey's General Stores, Inc. $CASY
Dakota Wealth Management decreased its stake in Casey's General Stores (NASDAQ:CASY) by 9.1% in the fourth quarter, now holding 23,505 shares valued at $12.99 million. Despite this, institutional ownership remains high at 85.63%, and two directors recently increased their holdings. The company reported strong quarterly earnings of $3.49 per share, beating estimates, and maintains a "Moderate Buy" consensus rating with an average target price of $700.09.
Vanguard (NYSE: CASY) amends 13G; reports 0% ownership after realignment
The Vanguard Group has filed an amended Schedule 13G for Casey's General Stores (CASY), reporting 0% beneficial ownership of the company's common stock. This change, effective January 12, 2026, is due to an internal realignment where certain Vanguard subsidiaries will now report their beneficial ownership separately. The filing indicates Vanguard no longer holds voting or dispositive power over CASY shares.
Casey's General Stores Initiated at Neutral by JP Morgan
Casey's General Stores (NASDAQ: CASY) was initiated at a Neutral rating by JP Morgan. This analyst action provides an updated market perspective for the convenience store chain.
If you had put $1000 into Casey's General Stores ten years ago, here's what your investment would be valued at today
An investment of $1,000 in Casey's General Stores (CASY) ten years ago would have grown to $6,526.82 by March 26, 2026, representing a 552.68% return. This significantly outperformed the S&P 500 and gold over the same period. Analysts are optimistic about CASY's future due to strong in-store sales, strategic pricing, and successful acquisitions, despite potential challenges like rising operating costs.
Nordea Investment Management AB Trims Holdings in Casey's General Stores, Inc. $CASY
Nordea Investment Management AB has decreased its stake in Casey's General Stores (CASY) by 15.4% in the fourth quarter, selling 2,859 shares and retaining 15,730 shares valued at $8.8 million. This comes as Casey's reported strong Q3 earnings, beating EPS estimates, which led to positive analyst sentiment and increased price targets, resulting in a consensus "Moderate Buy" rating. The company also declared a quarterly dividend of $0.57 per share.
Casey's General Stores Inc (CASY) Stock Price Up 3.41% on Mar 25
Shares of Casey's General Stores Inc (CASY) rose 3.41% on March 25, reaching an intraday high of $713.06 before closing at $712.55. Wall Street analysts have an average target price of $722.03 for CASY, indicating a slight upside of 1.33%. However, GuruFocus estimates a fair value of $459.56, suggesting a potential downside of 35.5% from the current price.
Caseys General Stores stock hits all-time high at 697.04 USD
Casey's General Stores Inc. stock reached an all-time high of $697.04, reflecting significant growth with a 65.77% return over the past year and nearly 25% year-to-date gains. The company's strong performance, revenue growth, and consistent dividend increases are highlighted. However, InvestingPro analysis suggests the stock may be overvalued despite recent strong fiscal third-quarter results and positive analyst ratings.
2026 Category Excellence in Exclusive Product Collaboration: Casey's General Stores Inc. & King Hawaiian
Casey's General Stores and King's Hawaiian have been recognized for their exclusive product collaboration, which has led to a pipeline of high-performing, limited-time offer (LTO) products and significant category growth for Casey's. The partnership, driven by Brian Nuzum at Casey's, transformed the retailer's cold sandwich lineup into successful sliders, enhancing brand differentiation and profitability. Their collaborative approach spans ideation, development, and operational integration, resulting in successful LTOs like Pulled Pork and BBQ Brisket Sliders.
2026 Category Excellence in Exclusive Product Collaboration: Casey's General Stores Inc. & Frito-Lay
Casey's General Stores Inc. and Frito-Lay partnered to create exclusive products specifically for the convenience channel, managing inventory and logistics closely. This collaboration involved strategic in-store placement, promotional campaigns, and a charitable component with Hope For The Warriors. The exclusive products achieved significant sales success, outperforming other Frito-Lay chips and ranking high in overall SKU performance.
Casey's General Stores Q3 Earnings Beat Fuels Stock's Quality Rank Surge As Stephens Analyst Sees 'Momentum Across The Board' - Casey's General Stores (NASDAQ:CASY)
Casey's General Stores (NASDAQ:CASY) has seen its stock's quality rank surge into the top 10% on Benzinga Edge's Stock Rankings after an impressive fiscal Q3 2026 earnings beat. The company reported a significant increase in diluted EPS and net income, leading Stephens analyst Pooran Sharma to maintain an overweight rating and a $680 price target, citing "momentum across the board." CASY's stock has also outperformed the Nasdaq Composite year-to-date, returning 22.49%.
Bet on These 5 Low-Leverage Stocks as Middle East Conflict Goes On
Amid a market downturn caused by surging oil prices and a hawkish Fed, this article suggests investing in low-leverage stocks for safety and stability. It identifies five specific companies—Nu Holdings (NU), Casey’s General Stores (CASY), Astec Industries (ASTE), HNI Corp. (HNI), and Blue Bird (BLBD)—that meet criteria for low debt and strong earnings potential. The piece explains the importance of low debt-to-equity ratios and outlines a screening strategy to find such resilient investment opportunities.
Casey’s (CASY) CEO gifts 7,300 common shares and keeps large stake
Darren M. Rebelez, President and CEO of Casey's General Stores Inc. (CASY), reported a bona fide gift of 7,300 shares of common stock on March 17, 2026. This transaction is a gift and not an open-market sale, leaving Rebelez with a direct holding of 73,715 shares. Additionally, he holds restricted stock units and shares indirectly through a 401(k) plan, maintaining a significant stake in the company.
UBS Raises Casey’s (CASY) Target; Wells Fargo Highlights Strong Q3 Momentum
UBS and Wells Fargo have both raised their price targets for Casey’s General Stores (CASY) following a strong Q3 2026 earnings beat. UBS increased its target to $706 from $600 with a Neutral rating, while Wells Fargo raised its objective to $745 from $725 and maintained an Overweight rating, citing the company's quality, higher guidance, healthy sales, and positive early results from new store testing. Casey's reported a total revenue of $3.91 billion, a 0.3% increase, and gross profit rose by 10.3% to $1.01 billion, driven by stronger inside sales and higher fuel volumes, alongside share repurchases.
Casey's General Stores (Nasdaq:CASY) - Stock Analysis
This Simply Wall St analysis provides a comprehensive overview of Casey's General Stores (CASY), highlighting its current stock performance, valuation, and future growth prospects. The company is noted for its "pizza-and-fuel" business model, which has contributed to strong earnings growth despite revenue headwinds. While analysts generally view the stock as undervalued with positive growth drivers like store expansion and digital strategy, some narratives also acknowledge potential near-term challenges from acquisitions and market volatility.
Casey's General Stores, Inc. $CASY Shares Sold by Speece Thorson Capital Group Inc.
Speece Thorson Capital Group Inc. significantly reduced its stake in Casey's General Stores (NASDAQ:CASY) by 18.0% in the third quarter, selling 4,219 shares. This action leaves them with 19,199 shares valued at approximately $10.85 million, while institutional investors cumulatively own 85.63% of the stock. Casey's recently exceeded EPS estimates with $3.49 and announced a quarterly dividend of $0.57, leading to a "Moderate Buy" consensus from analysts.
Lombard Odier Asset Management USA Corp Takes $1.08 Million Position in Casey's General Stores, Inc. $CASY
Lombard Odier Asset Management USA Corp recently acquired a new stake of 1,904 shares in Casey's General Stores, Inc., valued at approximately $1.08 million. Other institutional investors have also adjusted their holdings, with institutional ownership now at 85.63%. Casey's reported strong earnings but missed revenue estimates, and analysts maintain a "Moderate Buy" rating with a target price of $698.20.
Mairs & Power Inc. Decreases Position in Casey's General Stores, Inc. $CASY
Mairs & Power Inc. has reduced its stake in Casey's General Stores (CASY) by 5%, now holding 108,232 shares valued at approximately $61.19 million. Despite this, institutional investors collectively own 85.63% of the company. Casey's General Stores recently reported Q1 EPS of $3.49, beating estimates, but missed revenue expectations; the stock currently has a "Moderate Buy" consensus rating from analysts with an average target price of $698.20.
LRT Capital Management LLC Sells 2,557 Shares of Casey's General Stores, Inc. $CASY
LRT Capital Management LLC has reduced its stake in Casey's General Stores (NASDAQ:CASY) by 43.7%, selling 2,557 shares and now holding 3,297 shares valued at $1.86 million. Despite this sale, other institutional investors have increased their positions. Casey's General Stores reported strong quarterly EPS of $3.49, exceeding estimates, and analysts maintain a "Moderate Buy" rating with an average target price of $698.20.
Casey’s Q3 Earnings Beat And Expansion Drive Could Be A Game Changer For Casey’s (CASY)
Casey's General Stores (CASY) recently announced strong Q3 fiscal 2026 results, exceeding sales and net income expectations and reaffirming full-year guidance for inside sales growth and margins. The company is actively pursuing expansion through new store openings, rebranding CEFCO stores, and growing its loyalty program. These efforts, combined with sustained in-store profitability, are central to Casey's investment narrative and future growth outlook, despite potential risks related to new store integration and rising labor costs.
Casey’s Q3 Earnings Beat And Expansion Drive Could Be A Game Changer For Casey’s (CASY)
Casey's General Stores (CASY) reported strong Q3 fiscal 2026 results, exceeding sales and net income expectations, and reaffirmed its full-year guidance for inside sales growth. The company is actively pursuing expansion, including new store openings, rebranding CEFCO stores, and growing its Rewards program, reinforcing its focus on high-margin in-store sales while fuel gallon guidance remains relatively flat. Despite the positive earnings, the primary risk involves the effective integration of newly acquired stores without hindering margin progress.
Director Mike Spanos buys 300 Casey's (CASY) shares in market trade
Casey's General Stores Inc. director Mike Spanos purchased 300 shares of common stock in an open-market transaction at $665.43 per share. This trade increased his direct ownership to 4,499 common shares, which includes 7 shares from a dividend reinvestment plan. Additionally, Spanos holds 326 restricted stock units set to vest at the 2026 annual shareholders meeting.
Kensico Capital Management Corp Buys New Shares in Casey's General Stores, Inc. $CASY
Kensico Capital Management Corp has acquired a new stake in Casey's General Stores, Inc., purchasing 27,000 shares valued at approximately $15.26 million, making it their 22nd largest holding. Institutional investors own 85.63% of the stock, while several other hedge funds have also adjusted their positions in Casey's General Stores. The company recently reported strong quarterly earnings, beating consensus estimates, and announced a quarterly dividend, despite revenue missing analyst expectations.
A Look At Casey’s General Stores (CASY) Valuation After Strong Recent Shareholder Returns
This article analyzes the valuation of Casey's General Stores (CASY) after strong recent shareholder returns, noting a 24.76% 90-day return and a 75.74% 1-year total shareholder return. While the stock is identified as approximately 4.4% undervalued with a fair value of $705 based on narrative, its current P/E ratio of 38.3x is considered expensive compared to industry averages and fair ratios, indicating potential valuation risk. Investors are encouraged to assess the key rewards and warning signs to form their own view.
Casey’s (CASY) CLO sells 200 shares, retains RSUs and common stock
Casey's General Stores Chief Legal Officer, Katrina S. Lindsey, reported an open-market sale of 200 shares of Common Stock on March 11, 2026, at a weighted average price of $683.04 per share. Following the transaction, she still directly owns 4,039 shares and indirectly holds 168 shares through a 401(k) plan, in addition to significant restricted stock units (RSUs) that will vest in future years. The sale is considered a routine liquidity event, as she retains a substantial equity stake and future performance-based units.
Convenience stores see momentum in nicotine category
Convenience stores like Casey's General Stores and Arko are experiencing significant growth in the nicotine category, particularly from alternative products such as pouches and vapor. These alternatives offer higher margin rates than traditional combustible cigarettes, contributing to overall margin improvement despite a continued decline in cigarette sales. The slowing rate of decline in combustible sales, coupled with the rise of these new products, suggests a potential return to positive growth for the entire nicotine category in the c-store sector.
3 Big Numbers: Casey’s multi-pronged growth plan
Casey's General Stores posted a strong fiscal third quarter, reflecting its multi-pronged growth strategy. The company is actively expanding its physical footprint by building new stores and accelerating the rebranding of acquired CEFCO locations, aiming to rebrand 50 sites this year to integrate their foodservice offerings. Additionally, Casey's is growing its digital presence, with its Rewards program surpassing 10 million members, highlighting its focus on both physical and digital expansion to boost its bottom line.
Casey's General Stores, Inc. $CASY Position Increased by Capital World Investors
Capital World Investors increased its stake in Casey's General Stores by 1.8%, now holding 418,870 shares valued at approximately $236.8 million. This increase follows Casey's Q3 earnings beat, where the company surpassed EPS estimates and raised its FY26 profit outlook, leading to positive analyst sentiment and a 52-week stock high. Despite this, revenue missed consensus, and the stock's high forward P/E ratio presents valuation concerns.
Casey's Partners With DoorDash for Hunger Relief Campaign
Casey's General Stores Inc. has launched its annual giving campaign to combat hunger, aiming to provide 10 million meals to local Feeding America partner food banks. Collaborating with Feeding America and DoorDash, Casey's is offering several ways for guests to contribute, including rounding up purchases, adding donations to online orders, and through DoorDash deliveries. This initiative builds on a successful partnership that has already contributed over 30 million meals since 2020.
Energy drinks are fueling Casey’s in-store sales
Energy drinks are the primary growth driver for Casey's General Stores' Q3 grocery and general merchandise sales, which grew by 4% year-over-year. The category surged 14% in Q3, building on strong performance in 2025. Casey's offers a wide range of energy drink brands and has also seen solid growth in flavor-enhanced waters and prepared foods like chicken wings.
