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Casey's General Stores

Nasdaq:CASY
Snowflake Description

Average dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CASY
Nasdaq
$6B
Market Cap
  1. Home
  2. US
  3. Consumer Retailing
Company description

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey’s General Store names. The last earnings update was 9 days ago. More info.


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CASY Share Price and Events
7 Day Returns
2.5%
NasdaqGS:CASY
1.1%
US Consumer Retailing
1.2%
US Market
1 Year Returns
48.1%
NasdaqGS:CASY
17.9%
US Consumer Retailing
2.3%
US Market
CASY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Casey's General Stores (CASY) 2.5% 16.3% 21.8% 48.1% 31% 121.1%
US Consumer Retailing 1.1% 5.6% 7.1% 17.9% 27.9% 37%
US Market 1.2% 2% 2% 2.3% 37.9% 39.8%
1 Year Return vs Industry and Market
  • CASY outperformed the Consumer Retailing industry which returned 17.9% over the past year.
  • CASY outperformed the Market in United States of America which returned 2.3% over the past year.
Price Volatility
CASY
Industry
5yr Volatility vs Market

Value

 Is Casey's General Stores undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Casey's General Stores to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Casey's General Stores.

NasdaqGS:CASY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:CASY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.47
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.468 (1 + (1- 21%) (24.44%))
0.704
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for NasdaqGS:CASY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Casey's General Stores is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:CASY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.5%)
2019 67.17 Analyst x3 62.48
2020 67.70 Analyst x3 58.59
2021 132.27 Analyst x4 106.47
2022 172.25 Analyst x2 128.99
2023 278.00 Analyst x1 193.66
2024 316.00 Analyst x1 204.78
2025 346.83 Est @ 9.76% 209.08
2026 373.36 Est @ 7.65% 209.37
2027 396.41 Est @ 6.17% 206.79
2028 416.78 Est @ 5.14% 202.26
Present value of next 10 years cash flows $1,582.48
NasdaqGS:CASY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $416.78 × (1 + 2.73%) ÷ (7.5% – 2.73%)
$8,979.89
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $8,979.89 ÷ (1 + 7.5%)10
$4,357.80
NasdaqGS:CASY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,582.48 + $4,357.80
$5,940.28
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $5,940.28 / 36.63
$162.17
NasdaqGS:CASY Discount to Share Price
Calculation Result
Value per share (USD) From above. $162.17
Current discount Discount to share price of $153.64
= -1 x ($153.64 - $162.17) / $162.17
5.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Casey's General Stores is available for.
Intrinsic value
5%
Share price is $153.64 vs Future cash flow value of $162.17
Current Discount Checks
For Casey's General Stores to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Casey's General Stores's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Casey's General Stores's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Casey's General Stores's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Casey's General Stores's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:CASY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-04-30) in USD $5.55
NasdaqGS:CASY Share Price ** NasdaqGS (2019-06-19) in USD $153.64
United States of America Consumer Retailing Industry PE Ratio Median Figure of 22 Publicly-Listed Consumer Retailing Companies 19.99x
United States of America Market PE Ratio Median Figure of 3,092 Publicly-Listed Companies 17.87x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Casey's General Stores.

NasdaqGS:CASY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:CASY Share Price ÷ EPS (both in USD)

= 153.64 ÷ 5.55

27.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Casey's General Stores is overvalued based on earnings compared to the US Consumer Retailing industry average.
  • Casey's General Stores is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Casey's General Stores's expected growth come at a high price?
Raw Data
NasdaqGS:CASY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 27.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
6.2%per year
United States of America Consumer Retailing Industry PEG Ratio Median Figure of 14 Publicly-Listed Consumer Retailing Companies 2.8x
United States of America Market PEG Ratio Median Figure of 2,128 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

NasdaqGS:CASY PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 27.66x ÷ 6.2%

4.48x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Casey's General Stores is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Casey's General Stores's assets?
Raw Data
NasdaqGS:CASY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-04-30) in USD $38.33
NasdaqGS:CASY Share Price * NasdaqGS (2019-06-19) in USD $153.64
United States of America Consumer Retailing Industry PB Ratio Median Figure of 30 Publicly-Listed Consumer Retailing Companies 2.36x
United States of America Market PB Ratio Median Figure of 5,246 Publicly-Listed Companies 1.8x
NasdaqGS:CASY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:CASY Share Price ÷ Book Value per Share (both in USD)

= 153.64 ÷ 38.33

4.01x

* Primary Listing of Casey's General Stores.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Casey's General Stores is overvalued based on assets compared to the US Consumer Retailing industry average.
X
Value checks
We assess Casey's General Stores's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check)
  5. Casey's General Stores has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Casey's General Stores expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Casey's General Stores expected to grow at an attractive rate?
  • Casey's General Stores's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Casey's General Stores's earnings growth is positive but not above the United States of America market average.
  • Casey's General Stores's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:CASY Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:CASY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 6.2%
NasdaqGS:CASY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 5.6%
United States of America Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 5.3%
United States of America Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:CASY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:CASY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-04-30 12,219 781 278 2
2023-04-30 11,602 732 268 2
2022-04-30 11,314 679 245 5
2021-04-30 10,744 582 233 12
2020-04-30 9,884 535 217 12
NasdaqGS:CASY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-04-30 9,353 204
2019-01-31 8,302 502 198
2018-10-31 8,316 483 349
2018-07-31 7,947 453 331
2018-04-30 7,472 420 318
2018-01-31 7,231 439 329
2017-10-31 6,968 461 159
2017-07-31 6,751 415 167
2017-04-30 6,641 459 177
2017-01-31 5,767 439 194
2016-10-31 5,773 462 210
2016-07-31 6,000 528 232

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Casey's General Stores's earnings are expected to grow by 6.2% yearly, however this is not considered high growth (20% yearly).
  • Casey's General Stores's revenue is expected to grow by 5.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:CASY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from Casey's General Stores Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CASY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-04-30 8.55 8.55 8.55 1.00
2023-04-30 6.62 7.89 5.35 2.00
2022-04-30 6.72 7.05 6.21 3.00
2021-04-30 6.32 7.22 5.65 10.00
2020-04-30 5.86 6.30 5.52 10.00
NasdaqGS:CASY Past Financials Data
Date (Data in USD Millions) EPS *
2019-04-30 5.55
2019-01-31 5.37
2018-10-31 9.42
2018-07-31 8.87
2018-04-30 8.41
2018-01-31 8.61
2017-10-31 4.11
2017-07-31 4.29
2017-04-30 4.54
2017-01-31 4.97
2016-10-31 5.36
2016-07-31 5.93

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Casey's General Stores is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Casey's General Stores's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Casey's General Stores has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Casey's General Stores performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Casey's General Stores's growth in the last year to its industry (Consumer Retailing).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Casey's General Stores's year on year earnings growth rate has been positive over the past 5 years.
  • Casey's General Stores's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Casey's General Stores's 1-year earnings growth is negative, it can't be compared to the US Consumer Retailing industry average.
Earnings and Revenue History
Casey's General Stores's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Casey's General Stores Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:CASY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-04-30 9,352.91 203.89 1,391.28
2019-01-31 8,302.21 197.94 1,360.42
2018-10-31 8,315.62 349.07 1,341.92
2018-07-31 7,947.41 331.37 1,320.68
2018-04-30 7,472.12 317.90 1,282.54
2018-01-31 7,231.09 328.72 1,259.12
2017-10-31 6,968.48 158.59 1,228.40
2017-07-31 6,750.86 166.85 1,200.74
2017-04-30 6,640.59 177.49 1,171.62
2017-01-31 5,767.49 194.45 1,140.73
2016-10-31 5,772.86 209.72 1,108.04
2016-07-31 6,000.40 231.57 1,080.73
2016-04-30 6,304.09 225.98 1,052.18
2016-01-31 6,477.99 220.28 1,021.94
2015-10-31 6,584.01 221.50 1,001.10
2015-07-31 6,809.62 192.34 978.04
2015-04-30 7,052.22 180.63 958.64
2015-01-31 7,386.92 160.23 937.85
2014-10-31 7,505.02 133.56 912.90
2014-07-31 7,370.69 123.12 883.65
2014-04-30 7,194.26 126.82 854.76
2014-01-31 7,133.22 122.34 834.96
2013-10-31 7,005.53 125.15 808.66
2013-07-31 6,901.29 118.58 782.57
2013-04-30 6,654.84 103.81 756.69
2013-01-31 6,667.82 110.42 742.40
2012-10-31 6,584.40 111.66 724.13
2012-07-31 6,455.27 116.43 706.19

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Casey's General Stores has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Casey's General Stores used its assets more efficiently than the US Consumer Retailing industry average last year based on Return on Assets.
  • Casey's General Stores's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Casey's General Stores's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Casey's General Stores has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Casey's General Stores's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Casey's General Stores's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Casey's General Stores's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Casey's General Stores's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Casey's General Stores's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Casey's General Stores Company Filings, last reported 1 month ago.

NasdaqGS:CASY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-04-30 1,408.77 1,375.48 63.30
2019-01-31 1,390.87 1,355.59 34.17
2018-10-31 1,357.08 1,299.38 51.89
2018-07-31 1,298.70 1,334.43 44.84
2018-04-30 1,271.14 1,346.70 53.68
2018-01-31 1,329.80 1,314.68 138.71
2017-10-31 1,154.33 1,315.06 285.19
2017-07-31 1,166.51 1,072.67 159.10
2017-04-30 1,190.62 923.68 76.72
2017-01-31 1,215.51 930.37 115.72
2016-10-31 1,199.41 930.46 177.97
2016-07-31 1,149.04 887.83 189.49
2016-04-30 1,083.46 838.24 75.78
2016-01-31 1,043.13 848.65 53.56
2015-10-31 1,009.41 845.95 65.58
2015-07-31 935.90 853.55 46.61
2015-04-30 875.23 853.64 48.54
2015-01-31 839.11 872.24 43.64
2014-10-31 800.10 853.83 71.55
2014-07-31 752.16 853.97 116.75
2014-04-30 703.26 854.20 121.64
2014-01-31 701.75 861.92 102.16
2013-10-31 692.15 812.14 113.27
2013-07-31 653.47 819.85 190.95
2013-04-30 593.39 727.99 41.27
2013-01-31 583.49 732.69 26.52
2012-10-31 572.51 673.30 39.33
2012-07-31 544.75 678.49 89.64
  • Casey's General Stores's level of debt (97.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (121.4% vs 97.6% today).
  • Debt is well covered by operating cash flow (36.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 5.7x coverage).
X
Financial health checks
We assess Casey's General Stores's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Casey's General Stores has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Casey's General Stores's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.83%
Current annual income from Casey's General Stores dividends. Estimated to be 0.87% next year.
If you bought $2,000 of Casey's General Stores shares you are expected to receive $17 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Casey's General Stores's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Casey's General Stores's dividend is below the markets top 25% of dividend payers in United States of America (3.69%).
Upcoming dividend payment

Purchase Casey's General Stores before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:CASY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
United States of America Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 1.9%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2011 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:CASY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-04-30
2023-04-30
2022-04-30 1.40 2.00
2021-04-30 1.36 4.00
2020-04-30 1.27 4.00
NasdaqGS:CASY Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-06-10 1.280 0.860
2019-03-11 1.160 0.887
2018-12-10 1.160 0.886
2018-09-10 1.160 0.916
2018-06-29 1.160 1.044
2018-06-12 1.160 1.123
2018-03-13 1.040 1.019
2018-03-07 1.040 0.936
2017-09-05 1.040 0.909
2017-06-29 1.040 0.984
2017-06-05 1.040 0.962
2017-03-10 0.960 0.852
2017-03-06 0.960 0.873
2016-12-07 0.960 0.813
2016-09-06 0.960 0.812
2016-06-27 0.960 0.726
2016-06-06 0.960 0.803
2015-12-11 0.880 0.773
2015-12-07 0.880 0.707
2015-09-08 0.880 0.800
2015-06-26 0.880 0.865
2015-06-08 0.880 0.936
2015-03-09 0.800 0.915
2014-06-10 0.800 1.027
2014-06-09 0.800 1.067
2014-03-10 0.720 1.054
2013-12-09 0.720 1.054
2013-09-09 0.720 0.980
2013-06-14 0.720 1.105
2013-06-13 0.720 1.162
2013-03-11 0.660 1.128
2012-09-10 0.660 1.246
2012-06-12 0.660 1.144
2012-03-05 0.600 1.077
2011-12-06 0.600 1.161
2011-09-07 0.600 1.255
2011-06-13 0.600 1.367
2011-03-07 0.540 1.389
2010-12-07 0.540 1.280
2010-09-07 0.540 1.307
2010-06-16 0.400 1.082
2010-06-15 0.400 1.117
2010-03-08 0.340 0.972
2009-12-07 0.340 1.108
2009-09-08 0.340 1.086

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Casey's General Stores's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.8x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (4.8x coverage).
X
Income/ dividend checks
We assess Casey's General Stores's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Casey's General Stores afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Casey's General Stores has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Casey's General Stores's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Terry Handley
COMPENSATION $2,337,197
AGE 58
TENURE AS CEO 3.1 years
CEO Bio

Mr. Terry W. Handley has been the Chief Executive Officer of Casey's General Stores, Inc. since May 1, 2016. Mr. Handley has been the President of Casey's General Stores, Inc. since June 2014 and served as its Chief Operating Officer from June 21, 2006 to April 30, 2016. Mr. Handley served as Senior Vice President of Store Operations at Casey's General Stores, Inc. since June 2004. He served as Senior Vice President of Store Operations at Casey's General Stores, Inc. from 2003 to June 2006. He joined Casey's in 1981 and has strong senior leadership experience within numerous areas of Casey's General Stores Inc. He held various operational and management positions at Casey’s General Stores, Inc. from 1981 to 2003. He has been a Director of Casey's General Stores, Inc. since September 18, 2015.

CEO Compensation
  • Terry's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Terry's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Casey's General Stores management team in years:

3.1
Average Tenure
49
Average Age
  • The tenure for the Casey's General Stores management team is about average.
Management Team

Terry Handley

TITLE
President
COMPENSATION
$2M
AGE
58
TENURE
3.1 yrs

Bill Walljasper

TITLE
Senior VP & CFO
COMPENSATION
$1M
AGE
54
TENURE
14.8 yrs

Jay Soupene

TITLE
Senior Vice President of Operations
COMPENSATION
$1M
AGE
49
TENURE
4 yrs

Julie Jackowski

TITLE
Senior VP
COMPENSATION
$1M
AGE
52
TENURE
9 yrs

Cindi Summers

TITLE
Senior Vice President of Human Resources
COMPENSATION
$942K
AGE
47
TENURE
3 yrs

James Pistillo

TITLE
VP of Accounting & Treasurer

Chris Jones

TITLE
Senior VP & Chief Marketing Officer
AGE
49
TENURE
1.2 yrs

Brian Johnson

TITLE
Senior Vice President of Store Development
COMPENSATION
$776K
AGE
42
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure and age of the Casey's General Stores board of directors in years:

1.3
Average Tenure
58
Average Age
  • The average tenure for the Casey's General Stores board of directors is less than 3 years, this suggests a new board.
Board of Directors

H. Horak

TITLE
Chairman of the Board
COMPENSATION
$261K
AGE
72
TENURE
1.3 yrs

Terry Handley

TITLE
President
COMPENSATION
$2M
AGE
58
TENURE
3.8 yrs

Diane Bridgewater

TITLE
Director
COMPENSATION
$226K
AGE
55
TENURE
12.3 yrs

Larree Renda

TITLE
Director
COMPENSATION
$233K
AGE
59
TENURE
4.8 yrs

Cara Heiden

TITLE
Director
COMPENSATION
$228K
AGE
61
TENURE
1.9 yrs

David Lenhardt

TITLE
Director
COMPENSATION
$89K
AGE
48
TENURE
1.3 yrs

Ali Wing

TITLE
Director
COMPENSATION
$88K
AGE
52
TENURE
1.3 yrs

Don Frieson

TITLE
Independent Director
COMPENSATION
$87K
AGE
59
TENURE
1.3 yrs

Judy Schmeling

TITLE
Director
COMPENSATION
$76K
AGE
58
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
17. Sep 18 Sell Cindi Summers Individual 13. Sep 18 13. Sep 18 -1,641 $128.00 $-210,048
X
Management checks
We assess Casey's General Stores's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Casey's General Stores has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

How Do Analysts See Casey's General Stores, Inc. (NASDAQ:CASY) Performing In The Year Ahead?

View our latest analysis for Casey's General Stores What can we expect from Casey's General Stores in the longer term? … For Casey's General Stores, I've put together three key factors you should further research: Financial Health: Does it have a healthy balance sheet? … The intrinsic value infographic in our free research report helps visualize whether Casey's General Stores is currently mispriced by the market.

Simply Wall St -

Investors Who Bought Casey's General Stores (NASDAQ:CASY) Shares Five Years Ago Are Now Up 78%

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Over half a decade, Casey's General Stores managed to grow its earnings per share at 11% a year. … As it happens, Casey's General Stores's TSR for the last 5 years was 87%, which exceeds the share price return mentioned earlier.

Simply Wall St -

Estimating The Fair Value Of Casey's General Stores, Inc. (NASDAQ:CASY)

Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF ($, Millions) $63.25 $83.27 $136.62 $192.45 $281.00 $320.00 $351.63 $378.84 $402.47 $423.33 Growth Rate Estimate Source Analyst x2 Analyst x3 Analyst x4 Analyst x2 Analyst x1 Analyst x1 Est @ 9.89% Est @ 7.74% Est @ 6.24% Est @ 5.18% Present Value ($, Millions) Discounted @ 7.5% $58.84 $72.06 $109.98 $144.12 $195.75 $207.37 $211.98 $212.45 $209.96 $205.44 Present Value of 10-year Cash Flow (PVCF)= $1.63b "Est" = FCF growth rate estimated by Simply Wall St We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. … Terminal Value (TV) = FCF2029 × (1 + g) ÷ (r – g) = US$423m × (1 + 2.7%) ÷ (7.5% – 2.7%) = US$9.1b Present Value of Terminal Value (PVTV) = TV / (1 + r)10 = $US$9.1b ÷ ( 1 + 7.5%)10 = $4.43b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is $6.05b. … NasdaqGS:CASY Intrinsic value, May 24th 2019 Important assumptions Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows.

Simply Wall St -

Why Casey's General Stores, Inc. (NASDAQ:CASY) Looks Like A Quality Company

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Casey's General Stores: 14% = US$198m ÷ US$1.4b (Based on the trailing twelve months to January 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does Casey's General Stores Have A Good Return On Equity? … Combining Casey's General Stores's Debt And Its 14% Return On Equity While Casey's General Stores does have some debt, with debt to equity of just 0.97, we wouldn't say debt is excessive.

Simply Wall St -

What Does Casey's General Stores, Inc.'s (NASDAQ:CASY) P/E Ratio Tell You?

We'll show how you can use Casey's General Stores, Inc.'s (NASDAQ:CASY) P/E ratio to inform your assessment of the investment opportunity. … Looking at earnings over the last twelve months, Casey's General Stores has a P/E ratio of 24.43. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is Casey's General Stores, Inc.'s (NASDAQ:CASY) Capital Allocation Ability Worth Your Time?

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Did Casey's General Stores, Inc. (NASDAQ:CASY) Insiders Sell Shares?

So before you buy or sell Casey's General Stores, Inc. … Casey's General Stores Insider Transactions Over The Last Year. … That means that an insider was selling shares at around the current price of US$126.

Simply Wall St -

What Should Investors Know About The Future Of Casey's General Stores, Inc.'s (NASDAQ:CASY)?

After Casey's General Stores, Inc.'s (NASDAQ:CASY) earnings announcement on 31 January 2019, … with earnings expected to grow by 1.5% in the upcoming year … the higher past 5-year average growth rate of 16%.

Simply Wall St -

Our Take On Casey's General Stores, Inc.'s (NASDAQ:CASY) CEO Salary

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Terry Handley's Compensation Compare With Similar Sized Companies. … has a market capitalization of US$5.0b, and pays its CEO total annual compensation worth US$2.3m.

Simply Wall St -

Should You Be Excited About Casey's General Stores, Inc.'s (NASDAQ:CASY) 26% Return On Equity?

By way of learning-by-doing, we'll look at ROE to gain a better understanding of Casey's General Stores, Inc. … One way to conceptualize this, is that for each $1 of shareholders' equity it has, the company made $0.26 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Company Info

Description

Casey's General Stores, Inc., together with its subsidiaries, operates convenience stores under the Casey's and Casey’s General Store names. The company’s stores offer a selection of food, including freshly prepared foods, such as pizza, donuts, and sandwiches; beverage and tobacco products; health and beauty aids; automotive products; school supplies, housewares, and pet supplies; and other nonfood items. Its stores also provide fuel for sale on a self-service basis. In addition, the company operates two stores under the Tobacco City name primarily selling tobacco products; and one grocery store. As of March 7, 2019, it operated approximately 2,100 convenience stores in 16 states in the Midwest and the South. Casey's General Stores, Inc. was founded in 1959 and is headquartered in Ankeny, Iowa.

Details
Name: Casey's General Stores, Inc.
CASY
Exchange: NasdaqGS
Founded: 1959
$5,627,935,677
36,630,667
Website: http://www.caseys.com
Address: Casey's General Stores, Inc.
One SE Convenience Boulevard,
Ankeny,
Iowa, 50021,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS CASY Common Shares Nasdaq Global Select US USD 20. Oct 1983
DB CS2 Common Shares Deutsche Boerse AG DE EUR 20. Oct 1983
Number of employees
Current staff
Staff numbers
27,561
Casey's General Stores employees.
Industry
Food Retail
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 23:33
End of day share price update: 2019/06/19 00:00
Last estimates confirmation: 2019/06/17
Last earnings filing: 2019/06/10
Last earnings reported: 2019/04/30
Last annual earnings reported: 2019/04/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.