Casey's to open 31 stores in the coming months. See where
Casey's, a popular convenience store chain, plans to open 31 new stores across 19 states through January 2027, adding to its nearly 3,000 existing locations. The expansion primarily targets Midwestern and Southern states like Nebraska, Kansas, Iowa, and Ohio. Casey's is the third-largest convenience store retailer and fifth-largest pizza chain in the U.S., with a strong presence in smaller towns.
Ankeny-based Casey's General Store bought 40 locations from Pilot.
Casey's General Store, based in Ankeny, has acquired 40 locations from Pilot. The article includes a brief mention of the acquisition and credits the image to Zach Boyden-Holmes/The Register, USA TODAY Network via Reuters Connect.
MH City Council accepts resignation of councilman, approves annexation for new Casey's store
The Mountain Home City Council accepted the resignation of Councilman Philip Frame, creating a vacancy for the Ward 3, Position 1 seat. They also approved the annexation of land for a new Casey's General Store and updated fees for Planning Commission petitions. Additionally, the council voted to purchase a hydro-excavator outright for the water and sewer department and maintain the current 2-mill property tax rate.
William Blair adds Casey’s General Stores stock to conviction list
William Blair has updated its October Analyst Conviction List, adding 12 stocks, including Casey’s General Stores, Inc. (NASDAQ:CASY), and removing six. The conviction list highlights stocks that analysts believe have a high potential for strong performance over the next six months. This decision reflects the firm's latest insights into market opportunities and stock valuations.
Casey's General Stores, Inc. (NASDAQ:CASY) Stock Has Average Target Price of $840.69 According to Brokerages
Analysts have issued a "Moderate Buy" rating for Casey's General Stores (NASDAQ:CASY), with an average 12-month price target of $840.69. The company recently surpassed earnings expectations, reporting $7.37 per share against an estimated $6.78, and saw a 24.3% year-over-year revenue increase to $5.68 billion. Despite insider stock sales totaling $20.45 million, institutional investors and hedge funds maintain significant ownership, holding 85.63% of the stock.
Community Service Spotlight: Casey's, Little General Stores, Pilot & TXB Stores
This article highlights various community service initiatives undertaken by convenience store chains and their partners. Casey's continues its partnership with 4-H, Little General Stores supports the Norma Mae Huggins Cancer Endowment, and Pilot raises nearly $11.5 million for the American Heart Association. Additionally, Reynolds American contributes to expanding access to fresh produce, Stauffer's Simply Animals promotes reading, TXB Stores support teachers, and The United Family raises funds for nonprofits through a golf tournament.
Casey's General Stores, Inc. Balance Sheet – HAN:CS2
Casey's General Stores, Inc. (CS2) reported its Q1 26 financial position, showing total assets of €7.92 billion, a 1.06% increase from Q4 25. Total liabilities for the same period decreased by 2.27% to €4.36 billion, indicating an improvement in the company's financial health. The article provides an overview of the company's balance sheet data.
ASAP Energy to Exit C-store Industry With Sale to Casey's
ASAP Energy Inc. is selling its 20 convenience stores, along with its wholesale and commercial fuels and lubricants businesses, to Casey's General Stores Inc. after 47 years in operation. Owners Rick and Sheila Koch cited opportunities for their employees and Casey's focus on smaller communities as key reasons for the sale. This acquisition aligns with Casey's growth strategy to add at least 400 stores over the next three years.
ASAP Energy to Exit C-Store Channel With Sale to Casey's
ASAP Energy Inc. is selling its 20 convenience stores, along with its wholesale and commercial fuels and lubricants businesses, to Casey's General Stores Inc. After 47 years, owners Rick and Sheila Koch decided to exit the C-store channel to provide more growth opportunities for their employees and align with Casey's focus on smaller communities. This acquisition supports Casey's strategy to add at least 400 stores in the next three years.
Casey's Inside Same-Store Sales Rise on Food & Beverage Strength
Casey's General Stores saw inside same-store sales increase by 3.2% in Q1 fiscal 2027, driven primarily by strong performance in prepared food and dispensed beverages, with whole pizzas and non-alcoholic drinks leading growth. The company maintained its fiscal 2027 forecast for inside same-store sales growth and margin. Despite a recent stock decline, Casey's holds a Zacks Rank #3 (Hold) and shows positive earnings growth projections.
Casey's Inside Same-Store Sales Rise on Food & Beverage Strength
Casey’s General Stores, Inc. (CASY) experienced a 3.2% rise in inside same-store sales in Q1 fiscal 2027, driven primarily by strong performance in prepared food and dispensed beverages, especially whole pizzas. This focus on higher-margin food helped improve inside-store profitability despite softer sales in beer, snacks, and cigarettes. Casey's maintained its fiscal 2027 forecast, anticipating 2-5% inside same-store sales growth and an inside margin above 42%, with sustained demand for pizza and beverages being crucial for achieving these targets.
Casey's buys Oklahoma convenience chain, continuing southward growth
Casey's, an Ankeny-based convenience chain, is expanding its presence in Oklahoma by acquiring 20 ASAP Energy stores. This move is part of Casey's goal to add 400 stores in three years and follows another recent acquisition of 24 Texas Pak-A-Sak stores. The acquisition also includes ASAP's fuel distribution network and is subject to regulatory approvals.
Casey’s to acquire 20-store Oklahoma chain
Casey's General Stores is set to acquire ASAP Energy's 20 convenience stores in Oklahoma, along with its wholesale and commercial fuels and lubricants businesses. This marks Casey's second acquisition of 20 or more stores this summer, as it aims to add at least 400 new locations over the next three years, nearing 3,000 U.S. convenience stores. The deal will further expand Casey's presence in Oklahoma and helps ASAP Energy's owners provide more growth opportunities for their employees.
Casey’s to acquire 20 ASAP convenience stores
Casey's General Stores is expanding its presence in Oklahoma by acquiring 20 ASAP convenience stores from ASAP Energy Inc. The deal includes ASAP Energy's wholesale and commercial fuels and lubricants businesses. This acquisition follows Casey's previous purchase of 24 Pak-A-Sak stores in Texas, furthering its growth strategy as the third-largest c-store retailer in the U.S.
Casey’s expands in Oklahoma with ASAP Energy deal
Casey's General Stores is expanding its presence in Oklahoma by acquiring ASAP Energy Inc., a family-owned convenience retail and fuel business. This acquisition includes 20 convenience stores, along with wholesale and commercial fuels and lubricants businesses. The deal supports Casey's growth strategy and offers new opportunities for ASAP Energy's employees, aligning with Casey's focus on smaller communities.
Casey’s General Stores (CASY) Beat Estimates, So Why Did Wall Street Cut Its Targets?
Casey’s General Stores (CASY) reported strong fiscal Q1 2027 earnings, beating estimates and maintaining full-year guidance, yet its stock sold off. This article explores why Wall Street analysts subsequently cut their price targets, despite the positive earnings report. The debate centers on whether the earnings beat was sustainable, largely driven by high fuel margins, or if the underlying business strength and future growth prospects remain compelling.
Here’s How Much You Would Have Made Owning Casey's General Stores Stock In The Last 15 Years
Casey's General Stores (CASY) has delivered strong returns over the past 15 years, outperforming the market with an average annual return of 18.59%. An initial investment of $1000 in CASY stock 15 years ago would now be worth over $12,000, highlighting the power of compounded returns. The company currently holds a market capitalization of $21.62 billion.
Capital One Securities Adjusts Casey's General Stores PT to $711 From $896, Maintains Equal Weight Rating
Capital One Securities has adjusted its price target for Casey's General Stores (CASY) to $711, down from the previous $896. The firm has decided to maintain an Equal Weight rating on the stock. This update reflects a revised outlook from Capital One Securities regarding the company's valuation.
Nykredit A S Takes $11.47 Million Position in Casey's General Stores, Inc. $CASY
Nykredit A/S has acquired a significant new stake in Casey's General Stores (NASDAQ:CASY) worth $11.47 million, purchasing 14,432 shares during the second quarter. The company has a "Moderate Buy" consensus rating from analysts with an average price target of $840.69. Casey's recently exceeded quarterly expectations, reporting strong EPS and revenue growth, and declared a quarterly dividend of $0.65 per share.
Casey's buys Oklahoma's ASAP Energy, adding 16 convenience stores
Casey's, a rapidly expanding convenience store chain, has acquired ASAP Energy, which operates 16 convenience stores in Oklahoma. This acquisition includes locations featuring Lucille's Roadhouse Restaurants. ASAP Energy's owners, Rick and Sheila Koch, sold the chain after 47 years, citing Casey's ability to offer more opportunities for employees and continue providing quality service to customers.
Casey's General Stores, Inc.(NasdaqGS: CASY) added to FTSE All-World Index
Casey's General Stores, Inc. (NasdaqGS: CASY) has been added to the FTSE All-World Index. This news was published on September 21, 2026, at 12:42 am EDT. The article also lists recent analyst price target adjustments for Casey's General Stores.
Casey’s (CASY) Beats on Profit, but a Soft Sales Number Sends the Stock Tumbling
Casey's General Stores (CASY) reported strong fiscal first-quarter profits and revenue, beating analyst expectations, but its stock tumbled due to softer-than-expected same-store sales growth. While fuel profitability and prepared food sales contributed positively, concerns remain about slowing consumer demand and the company's ability to sustain growth without over-relying on fuel margins, leading to an unchanged fiscal 2027 guidance despite the good start. The market's reaction indicates investors are prioritizing comparable-sales trends over headline financial beats.
Bank of America Corp DE Invests $281.87 Million in Casey's General Stores, Inc. $CASY
Bank of America Corp DE acquired a significant new stake in Casey's General Stores, Inc., purchasing 354,650 shares valued at approximately $281.87 million, representing 0.96% of the company. Casey's General Stores reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend. Despite positive analyst ratings, insiders have sold over $24.4 million of stock in the last three months.
Casey's General Stores: A $100+ Post-Earnings Sell-Off - Why I'm Not Buying Yet (CASY)
Casey's General Stores (CASY) experienced a significant post-earnings sell-off despite reporting a double-beat quarter, largely due to concerns over valuation and slowing growth. While the company exhibits strong fundamentals like EPS growth and margin expansion, declining free cash flow and a forward P/E still above historical averages and peers make the author cautious. The article reiterates a Hold rating, suggesting a more attractive entry point around 25x earnings due to potential macro headwinds impacting sales and margins.
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Casey's General Store, the third-largest convenience store and fifth-largest pizza chain in the nation, is inviting its customers to round up their purchases. This initiative aims to support the nearly 3 million active 4-H members located across Casey's operating regions.
Tidal Investments LLC Has $4.41 Million Position in Casey's General Stores, Inc. $CASY
Tidal Investments LLC reduced its stake in Casey's General Stores (NASDAQ:CASY) by 22.9% in the second quarter, now holding 5,554 shares valued at $4.41 million. Despite a post-earnings stock drop, analysts maintain a "Moderate Buy" consensus with an average price target of $840.69. Casey's reported strong quarterly earnings and revenue, beating estimates, and declared a quarterly dividend of $0.65 per share.
National Pension Service Acquires 65,383 Shares of Casey's General Stores, Inc. $CASY
National Pension Service significantly increased its stake in Casey's General Stores by 3,138.9%, acquiring an additional 65,383 shares, bringing its total to 67,466 shares valued at approximately $53.6 million. This increase comes despite a recent stock drop following strong fiscal first-quarter earnings that beat estimates, as analysts cut price targets and insiders sold shares. Casey's General Stores reported EPS of $7.37 and revenue of $5.68 billion, exceeding expectations and maintaining its fiscal 2027 outlook.
Casey's Starts Strong on New Three-Year Strategic Roadmap
Casey's General Stores Inc. has reported strong first-quarter results for its fiscal year 2027, demonstrating early success with its new three-year strategic plan. The company saw a 3.2% increase in inside same-store sales and a 19.6% increase in total fuel gross profit, driven by robust performance in prepared foods and beverages, successful store remodels, and strategic acquisitions like CEFCO and Pak-A-Sak.
WINTON GROUP Ltd Invests $1.91 Million in Casey's General Stores, Inc. $CASY
WINTON GROUP Ltd has invested $1.91 million in Casey's General Stores, Inc. (NASDAQ:CASY), acquiring 2,400 shares during the second quarter. This comes as Casey's reported strong fiscal Q1 results, exceeding EPS and revenue expectations, yet the stock experienced significant selling pressure, leading to analyst price target cuts and a downgrade from UBS. Insider sales by the CFO and a director further contributed to the negative sentiment, despite the company maintaining its fiscal 2027 outlook.
Casey's General Stores, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Casey's General Stores (NASDAQ: CASY) recently exceeded analyst expectations for its latest quarter, with revenues of US$5.7 billion and statutory EPS of US$7.37, both ahead of forecasts. For 2027, analysts predict revenues of US$20.8 billion and EPS of US$21.39, indicating significant growth compared to previous years and outperforming the broader industry. Despite the positive earnings, the consensus price target saw a 15% reduction to US$817, suggesting some analyst re-evaluation of the company's intrinsic value.
Casey’s inside same-store sales jump 3.2% compared with same period last year
Casey's General Stores reported a 3.2% increase in inside same-store sales for its first quarter of fiscal 2027, with prepared food and dispensed beverages leading the growth. CEO Darren Rebelez highlighted the "outstanding" performance and the success of their strategic plan, which included a nearly 28% increase in diluted EPS. The company also saw strong growth in total inside gross profit and expects to open at least 120 new stores in fiscal 2027.
Casey’s Same-Store Sales Growth Declines Despite Higher Revenue
Casey's General Stores reported higher revenue in its fiscal first quarter, but experienced a slowdown in same-store sales growth. The convenience store chain's inside same-store sales increased by 3.2%, which was a decline from the previous year and below analyst projections of 4.1%. Despite this, Casey's reaffirmed its full-year outlook.
Will Casey's (CASY) Beat Estimates Again in Its Next Earnings Report?
Casey's General Stores (CASY) is anticipated to continue its trend of beating earnings estimates in its upcoming quarterly report. The company has surpassed estimates by an average of 23% in the last two quarters and currently holds a positive Zacks Earnings ESP of +2.76% combined with a Zacks Rank #3 (Hold), suggesting a high probability of another positive surprise. Its next earnings report is expected on September 8, 2026.
NEOS Investment Management LLC Invests $4.60 Million in Casey's General Stores, Inc. $CASY
NEOS Investment Management LLC recently acquired a new position in Casey's General Stores, purchasing 5,790 shares valued at approximately $4.60 million. Institutional investors now own 85.63% of the company, and analysts have a "Moderate Buy" consensus rating despite some insider selling. Casey's General Stores exceeded quarterly expectations with strong EPS and revenue growth, though some analysts have lowered price targets.
California State Teachers Retirement System Buys 46,000,642 Shares of Casey's General Stores, Inc. $CASY
The California State Teachers Retirement System (CalSTRS) significantly increased its stake in Casey's General Stores, acquiring over 46 million additional shares in the second quarter. Despite a reported 124.41% ownership figure that may be a data error, institutional investors collectively own 85.63% of the stock. Analysts maintain a "Moderate Buy" rating for Casey's, which recently surpassed quarterly earnings expectations.
Casey's General Stores, Inc. (NASDAQ:CASY) Given Average Recommendation of "Moderate Buy" by Analysts
Analysts have given Casey's General Stores (NASDAQ:CASY) an average recommendation of "Moderate Buy," with 14 buy ratings and six hold ratings, and an average 12-month price target of $928.53. The company recently exceeded quarterly earnings expectations, reporting EPS of $4.37 against an estimated $3.31 and revenue of $4.57 billion. Despite a recent pullback from its 52-week high, institutional investors hold a significant 85.63% of shares, though insiders have sold approximately $24.4 million in stock over the past three months.
Nykredit A S Makes New $13.69 Million Investment in Casey's General Stores, Inc. $CASY
Nykredit A/S has made a new investment of approximately $13.69 million in Casey's General Stores, Inc. by purchasing 17,221 shares. Despite strong quarterly earnings and a "Moderate Buy" consensus rating from analysts, company insiders have sold over $24.4 million worth of stock in the past 90 days. Institutional investors now own 85.63% of the company's stock.
Deutsche Bank Adjusts Price Target on Casey's General Stores to $927 From $1,000
Deutsche Bank has adjusted its price target for Casey's General Stores (CASY) to $927, down from the previous $1,000. This article, published on MarketScreener, indicates a change in the bank's valuation outlook for the convenience store and pizza chain. The full details are reserved for members of the platform.
Evercore ISI Adjusts PT on Casey's General Stores to $880 From $975, Maintains Outperform Rating
Evercore ISI has adjusted its price target for Casey's General Stores (CASY) to $880, down from $975, while reaffirming an "Outperform" rating on the stock. This update reflects a revised valuation perspective from the analyst firm. The article also notes other recent analyst adjustments for Casey's, including those from Deutsche Bank and JPMorgan.
Robbins Farley Sells 1,371 Shares of Casey's General Stores, Inc. $CASY
Robbins Farley reduced its stake in Casey's General Stores by 16.7% in Q2, selling 1,371 shares but retaining 6,855 shares valued at $5.45 million. Despite this, analysts maintain a "Moderate Buy" rating with an average price target of $942.87. The company reported strong Q2 earnings with $4.37 EPS and 14.5% year-over-year revenue growth, although insiders sold over $24.4 million in stock during the quarter.
JPMorgan Adjusts Price Target on Casey's General Stores to $833 From $975, Keeps Neutral Rating
JPMorgan has lowered its price target for Casey's General Stores (CASY) to $833 from $975, while maintaining a Neutral rating on the stock. This adjustment comes despite recent news of Casey's agreeing to acquire 24 Pak-A-Sak convenience stores and several positive analyst actions over the past month. The article also notes other analyst target adjustments for Casey's, including UBS and RBC.
Casey's General Stores, Inc. $CASY Shares Acquired by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC
UBS Asset Management increased its stake in Casey's General Stores (NASDAQ:CASY) by 37.7% in the second quarter, now holding 149,509 shares valued at $118.8 million. The company reported strong quarterly earnings, beating estimates with an EPS of $4.37 and revenue up 14.5% year-over-year to $4.57 billion, and also raised its quarterly dividend to $0.65 per share. Analysts maintain a "Moderate Buy" rating with an average price target of $942.87.
Seeking Clues to Casey's (CASY) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Casey's General Stores (CASY) is projected to report Q1 earnings of $6.59 per share, a 14.2% increase year-over-year, with revenues expected to rise by 23.8% to $5.65 billion. Analysts have provided detailed forecasts for key metrics, including net sales for fuel, prepared food, and grocery, as well as same-store sales growth and store count. Despite these positive projections, Casey's shares have underperformed the S&P 500 recently, and the stock currently holds a Zacks Rank #4 (Sell).
Empowered Funds LLC Purchases Shares of 6,307 Casey's General Stores, Inc. $CASY
Empowered Funds LLC has acquired a new stake of 6,307 shares in Casey's General Stores, Inc., valued at approximately $5.0 million. This comes as Casey's General Stores reported strong quarterly earnings, beating estimates and increasing its quarterly dividend. Despite institutional buying, company insiders have sold over $24.4 million in stock in the last 90 days.
Casey’s General Stores stock may move 6.9% on earnings release By Investing.com
Casey's General Stores Inc. (CASY) stock is projected to move 6.9% following its upcoming earnings release on September 8, based on options data. Historically, the stock's actual price changes after earnings announcements have often exceeded the implied moves from options, sometimes significantly. For instance, in June, an implied 7.0% move resulted in a 22.8% actual price change.
Casey's General Stores (CASY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Casey's General Stores (CASY) is expected to report a year-over-year increase in earnings and higher revenues for the quarter ended July 2026. The Zacks Consensus Estimate projects earnings of $6.59 per share, up 14.2%, and revenues of $5.65 billion, up 23.8%. Despite a positive earnings surprise history, the current Zacks Earnings ESP of -0.24% combined with a Zacks Rank #4 makes a beat difficult to predict conclusively.
Casey's General Stores, Inc. $CASY Shares Sold by Wellington Management Group LLP
Wellington Management Group LLP reduced its stake in Casey's General Stores by 14.3% in the second quarter, selling over 61,000 shares but still retaining a significant holding valued at $290.8 million. Other institutional investors have also adjusted their positions, with institutional ownership now at 85.63%. Casey's General Stores recently reported strong quarterly earnings, beating estimates, and increased its quarterly dividend.
Legal & General Group Plc Takes Position in Casey's General Stores, Inc. $CASY
Legal & General Group Plc acquired a new position in Casey's General Stores, Inc. (NASDAQ:CASY) during the second quarter, purchasing 114,695 shares valued at approximately $91.2 million, representing about 0.31% of the company. Other institutional investors also adjusted their holdings in the convenience store chain, which reported strong quarterly earnings of $4.37 per share, exceeding estimates, and a 14.5% year-over-year revenue increase. Analysts generally maintain a "Moderate Buy" rating with an average price target of $942.87, and the company recently raised its quarterly dividend to $0.65 per share.
Jupiter Topco LLC Takes Position in Casey's General Stores, Inc. $CASY
Jupiter Topco LLC acquired a significant new position in Casey's General Stores (NASDAQ:CASY) during the second quarter, purchasing over 310,000 shares valued at approximately $247 million. This investment comes as Casey's reported strong quarterly earnings, beating analyst expectations, and increased its quarterly dividend. Despite some insider selling from the CEO and CFO, analysts maintain a "Moderate Buy" rating with a consensus price target of $944.20 for the convenience store chain.
Hsbc Holdings PLC Purchases Shares of 61,287 Casey's General Stores, Inc. $CASY
HSBC Holdings PLC acquired a new stake of 61,287 shares in Casey's General Stores, valued at approximately $48.7 million, making it a 0.17% owner. This comes as Casey's General Stores reported strong earnings and revenue, exceeding analyst expectations, and increased its quarterly dividend. Despite insider stock sales, analysts maintain a "Moderate Buy" consensus with an average price target of $944.20.
