Casey's Stock Soars 10.63% on Strong Earnings, Dividend Hike

On June 10, 2025, Casey's stock surged by 10.63% in pre-market trading, reflecting a significant boost in investor confidence.

Casey's General Stores reported impressive financial results for the quarter, with revenue and earnings-per-share growing by 11% and 12% respectively, surpassing Wall Street estimates. This strong performance was driven by robust fuel sales and a 14% increase in the company's quarterly dividend, which was raised to $0.57 per share. This marks the 26th consecutive year of dividend increases, demonstrating the company's commitment to shareholder value.

The company's fiscal Q4 earnings also showed a notable increase, with earnings per diluted share rising to $2.63 from $2.34 a year earlier. This performance exceeded analyst expectations, further bolstering investor optimism. The strong financial results and dividend increase have positioned Casey's as a compelling investment opportunity, with analysts providing an average price target of $457.33, indicating potential upside for the stock.