Casey’s General Stores (NASDAQ:CASY) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft started coverage on shares of Casey’s General Stores (NASDAQ:CASY) in a research report report published on Thursday morning, Marketbeat.com reports. The brokerage issued a buy rating on the stock.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group restated 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. Zacks Research cut shares of Casey’s General Stores from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Stephens lifted their price target on shares of Casey’s General Stores from $570.00 to $600.00 and gave the company an “overweight” rating in a report on Wednesday, December 3rd. Evercore ISI increased 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. Finally, KeyCorp reissued an “overweight” rating on shares of Casey’s General Stores in a report on Thursday, December 11th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $595.90.

Casey’s General Stores Stock Performance

Shares of CASY stock opened at $586.38 on Thursday. The stock has a market capitalization of $21.74 billion, a price-to-earnings ratio of 36.06 and a beta of 0.67. Casey’s General Stores has a one year low of $372.08 and a one year high of $592.18. The company’s 50-day simple moving average is $552.75 and its 200-day simple moving average is $536.79. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.65 and a current ratio of 1.05.

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 the consensus estimate of $4.92 by $0.61. Casey’s General Stores had a return on equity of 16.89% and a net margin of 3.58%.The firm had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.51 billion. During the same quarter in the prior year, the firm posted $4.85 earnings per share. Casey’s General Stores’s revenue for the quarter was up 14.2% compared to the same quarter last year. Equities analysts anticipate that Casey’s General Stores will post 13.94 earnings per share for the current fiscal year.

Casey’s General Stores Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Shareholders of record on Sunday, February 1st will be paid 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 dividend payout ratio (DPR) is presently 14.02%.

Insider Buying and Selling at Casey’s General Stores

In other Casey’s General Stores news, Director Moats Maria Castanon acquired 300 shares of Casey’s General Stores stock in a transaction dated Monday, January 5th. The stock was acquired at an average cost of $554.66 per share, for a total transaction of $166,398.00. Following the completion of the transaction, the director owned 803 shares in the company, valued at approximately $445,391.98. This represents a 59.64% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC raised its stake in shares of Casey’s General Stores by 14.1% during the first quarter. Integrated Wealth Concepts LLC now owns 2,958 shares of the company’s stock valued at $1,284,000 after purchasing an additional 366 shares in the last quarter. NewEdge Advisors LLC increased its stake in Casey’s General Stores by 6.4% during the 1st quarter. NewEdge Advisors LLC now owns 1,871 shares of the company’s stock valued at $812,000 after buying an additional 113 shares during the period. Great Lakes Advisors LLC increased its stake in Casey’s General Stores by 3.4% during the 1st quarter. Great Lakes Advisors LLC now owns 1,655 shares of the company’s stock valued at $718,000 after buying an additional 54 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Casey’s General Stores by 7.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 115,674 shares of the company’s stock worth $50,207,000 after buying an additional 7,761 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Casey’s General Stores by 129.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 186 shares of the company’s stock worth $81,000 after acquiring an additional 105 shares during the period. Institutional investors and hedge funds own 85.63% of the company’s stock.

Key Casey’s General Stores News

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

• Positive Sentiment: Quarterly results beat and strong trends — CASY reported $5.53 EPS in the December quarter (ahead of consensus) with revenue up ~14% year-over-year; traders are still re-rating the stock on that beat and improving margins. Why Is Casey’s (CASY) Up 7.6% Since Last Earnings Report?
• Positive Sentiment: Earnings estimates moving higher — sell-side and model revisions have pushed near‑term EPS estimates up, supporting further upside expectations. Earnings Estimates Moving Higher for Casey’s (CASY): Time to Buy?
• Positive Sentiment: New analyst coverage — Deutsche Bank initiated coverage with a “buy” rating, which can attract institutional interest and flows into the name. (reported 1/8/2026)
• Positive Sentiment: Insider/director purchase — Director Moats Maria Castanon bought 300 shares disclosed in early January, signaling insider confidence in the shares. Casey’s General Stores (NASDAQ:CASY) Director Acquiring Stock
• Neutral Sentiment: Dividend maintained — company declared a quarterly dividend (ex-dividend late January), a positive for income-focused holders but the yield is modest. (Market disclosures)
• Neutral Sentiment: High institutional ownership and recent position adjustments — large funds have sizable stakes, which can stabilize the stock but also concentrate selling/buying pressure depending on fund flows. (Market filings)
• Negative Sentiment: Valuation risk — shares trade at a relatively high P/E (~36) and a low yield (~0.4%), leaving some downside risk if growth momentum slows or estimates are cut.

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.