RBC cuts target to USD 825.00 for Casey's General Stores stock
Published on 10/17/2026 at 19:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading dates
- RBC Capital lowered its Casey's target to USD 825.00 on October 15, 2026.
- Fiscal 2027 first-quarter revenue reached USD 5.68 billion.
- Casey's General Stores stock last stood at USD 689.22 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, up 2.31 percent versus the Nasdaq prior close of October 15, 2026.
- Casey's next ex-dividend date is October 30, 2026.
RBC Capital upgraded Casey's General Stores from Sector Perform to Outperform while lowering its price target from USD 910.00 to USD 825.00 on October 15, 2026, putting the target 19.71 percent above the latest Nasdaq price, according to Investing.com. Casey's General Stores stock (ISIN US1475281036) last stood at USD 689.22 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, up 2.31 percent versus the Nasdaq prior close of October 15, 2026 (USD 673.63).
Revenue reached USD 5.68 billion
Casey's fiscal 2027 first-quarter revenue reached USD 5.68 billion for the period ended July 31, 2026, while diluted earnings per share came to USD 7.37 against a USD 6.78 consensus estimate. The figures were reported in a company update carried by MarketBeat on October 15, 2026.
Price position after October 16
The latest Nasdaq price is 25.72 percent below the one-year high of USD 927.85 and 38.57 percent above the one-year low of USD 497.38. The October 16 move of 2.31 percent came with 546,255 shares traded, compared with an average volume of 491,381 shares. Casey's price therefore sits below its yearly peak while remaining well above the low.
Valuation and October 30 date
Casey's market capitalization was USD 25.5 billion, with a trailing P/E ratio of 33.20 as of October 16, 2026. The company also declared a quarterly dividend of USD 0.65, and the next ex-dividend date is October 30, 2026, according to MarketBeat. The scheduled date gives the dividend a near-term calendar point, while the analyst target remains the more direct valuation reference.
Comparison with peers
Casey's: up 2.31 percent, P/E 33.20, market capitalization USD 25.5 billion.
Sprouts Farmers Market (Nasdaq, USD): minus 2.15 percent, P/E 12.49, market capitalization USD 6.1 billion.
Kroger (NYSE, USD): up 1.47 percent, P/E 34.58, market capitalization USD 37.6 billion.
Stock position in the US market
Casey's combines fuel retail with prepared food and convenience goods across nearly 3,000 stores in 19 states, according to its investor-relations profile. The latest comparison places the company between the two selected grocery peers by market value, while its 33.20 P/E is closer to Kroger's than Sprouts Farmers Market's.
Market context: Market report S&P 500.
