Casey's General Stores (CASY) Stock Is Trending: Here's What You Should Know

Benzinga Earnings
06/10

Casey’s General Stores Inc. (NASDAQ:CASY) shares are trending on Wednesday.

CASY shares climbed 2.87% to $783 after the bell on Tuesday after the Iowa-based convenience chain reported fourth-quarter results where it topped both earnings per share and revenue analyst estimates.

Casey’s announced financial results for the three months and year ended Apr. 30.

EPS Beat By 31.63%

For the fourth quarter, EPS were $4.37, exceeding the analyst estimate of $3.32 by 31.63%. Revenue for the quarter reached $4.57 billion, topping the expected $4.35 billion by 5.06%.

Net income increased 65.5% year over year to $162.7 million. EBITDA also rose 33.2%, reaching $350.3 million.

Inside same-store sales grew 5.5%, driven by prepared foods and non-alcoholic beverages. Fuel margin expanded to 46.9 cents per gallon from 37.6 cents a year ago.

What Does Full-Year Data Say

For fiscal 2026, diluted EPS reached $19.16, up 30.9%, with EBITDA nearing $1.5 billion. The Board raised the quarterly dividend 14% to $0.65 per share, marking the company’s 27th consecutive annual dividend increase. It also authorized a $1 billion share repurchase program.

Outlook

For fiscal 2027, Casey’s expects EBITDA to grow 8%–10% and inside same-store sales to rise 2%–5%.

Analysts estimate first-quarter EPS of $6.42 on revenue of $5.12 billion.

Trading Metrics, Technical Analysis

Casey’s General has a market capitalization of $28.13 billion, a 52-week high of $901 and a 52-week low of $481.30.

The Relative Strength Index (RSI) of CASY stands at 40.05.

UBS maintained CASY with a Neutral rating and raised its price target to $805 from $706 on Jun. 3.

The large-cap stock has gained 55.28% over the past 12 months.

Currently, CASY is trading at about 66.7% of its 52-week range, placing it near its 52-week high.

Price Action: The stock closed the regular session up 1.27% at $761.18, according to Benzinga Pro.

Benzinga’s Edge Stock Rankings indicate that CASY is experiencing short-term consolidation along with medium and long-term upward movement.

Photo: Andriy Blokhin / Shutterstock.com

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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