CASY

Casey's General Stores, Inc.

Consumer Cyclical · $22.8B market cap

Verdict

Share price

$617.76

close of Oct 3, 2026

Fair value

$442.64

Sticker Price

Payback Price

$177.05

buy price

Overpriced

CASY is Overpriced: at $617.76 it trades 40% above its fair value of $442.64. Its buy price (Payback Price) is $177.05, 71% below today's price. Business quality is solid: 3 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow. Sales grew 5% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.

Business quality

3 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth12.5% a year✓
Equity per share growth15.0% a year✓
Sales growth7.4% a year✗
Free cash flow growth14.3% a year✓
Return on invested capital9.5%✗

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Superinvestors

3 of the investors we track hold CASY. In Q2 2026, 1 added. Who we track

Moves in Q2 2026

Added: First Eagle Investment Management

Insider activity

Since Jun 15, 2026: 1 open-market purchase worth $199K, 27 sales worth $29.1M and 52 other filings (stock awards, tax withholding and similar). Why purchases matter

Purchases

Sales

Koschel Williams Ena

Chief Operating Officer · 2026-07-09

Sold

$2.3M

Bramlage Stephen P JR

Chief Financial Officer · 2026-07-08

Sold

$4.8M

Wing Allison M.

director · 2026-07-08

Sold

$444K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$115K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$220K

Show all 27 sales

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$136K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$42K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$699K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$515K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$284K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$931K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$698K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$1.1M

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$1.2M

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$1.9M

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$2.1M

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$1.8M

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$858K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$712K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$545K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$505K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$372K

REBELEZ DARREN M

President and CEO · 2026-07-07

Sold

$477K

Koschel Williams Ena

Chief Operating Officer · 2026-07-01

Sold

$2.4M

FRAZELL CHAD MICHAEL

Chief HR Officer · 2026-06-30

Sold

$95K

FRAZELL CHAD MICHAEL

Chief HR Officer · 2026-06-30

Sold

$2.3M

Lindsey Katrina S

Chief Legal Officer · 2026-06-29

Sold

$1.6M

Other filings

Donthi Sri

director · 2026-09-02

Award

220 shares

Donthi Sri

director · 2026-09-02

Option exercise

326 shares

Wing Allison M.

director · 2026-09-02

Award

220 shares

Wing Allison M.

director · 2026-09-02

Option exercise

326 shares

SCHMELING JUDY

director · 2026-09-02

Award

220 shares

Show all 52 other filings

SCHMELING JUDY

director · 2026-09-02

Option exercise

326 shares

Castanon Moats Maria

director · 2026-09-02

Award

220 shares

Castanon Moats Maria

director · 2026-09-02

Option exercise

326 shares

LENHARDT DAVID K

director · 2026-09-02

Award

220 shares

LENHARDT DAVID K

director · 2026-09-02

Option exercise

326 shares

RENDA LARREE M

director · 2026-09-02

Award

220 shares

RENDA LARREE M

director · 2026-09-02

Option exercise

326 shares

Trojan Greg

director · 2026-09-02

Award

220 shares

Trojan Greg

director · 2026-09-02

Option exercise

326 shares

Frieson Donald

director · 2026-09-02

Award

220 shares

Frieson Donald

director · 2026-09-02

Option exercise

326 shares

Spanos Mike

director · 2026-09-02

Award

220 shares

Spanos Mike

director · 2026-09-02

Option exercise

326 shares

SUTULA STANLEY J III

director · 2026-09-02

Award

220 shares

SUTULA STANLEY J III

director · 2026-09-02

Option exercise

51 shares

Heiden Cara Kay

director · 2026-09-02

Option exercise

326 shares

Lindsey Katrina S

Chief Legal Officer · 2026-06-30

G-Gift

504 shares

Lindsey Katrina S

Chief Legal Officer · 2026-06-15

Option exercise

316 shares

Lindsey Katrina S

Chief Legal Officer · 2026-06-15

Option exercise

245 shares

Lindsey Katrina S

Chief Legal Officer · 2026-06-15

Option exercise

271 shares

Lindsey Katrina S

Chief Legal Officer · 2026-06-15

Tax withholding

$2.9M

Lindsey Katrina S

Chief Legal Officer · 2026-06-15

Award

7,096 shares

Koschel Williams Ena

Chief Operating Officer · 2026-06-15

Option exercise

676 shares

Koschel Williams Ena

Chief Operating Officer · 2026-06-15

Option exercise

536 shares

Koschel Williams Ena

Chief Operating Officer · 2026-06-15

Option exercise

529 shares

Koschel Williams Ena

Chief Operating Officer · 2026-06-15

Tax withholding

$6.3M

Koschel Williams Ena

Chief Operating Officer · 2026-06-15

Award

15,206 shares

FRAZELL CHAD MICHAEL

Chief HR Officer · 2026-06-15

Option exercise

344 shares

FRAZELL CHAD MICHAEL

Chief HR Officer · 2026-06-15

Option exercise

245 shares

FRAZELL CHAD MICHAEL

Chief HR Officer · 2026-06-15

Option exercise

298 shares

FRAZELL CHAD MICHAEL

Chief HR Officer · 2026-06-15

Tax withholding

$3.1M

FRAZELL CHAD MICHAEL

Chief HR Officer · 2026-06-15

Award

7,736 shares

Brennan Thomas P JR

Chief Merch. Officer · 2026-06-15

Option exercise

411 shares

Brennan Thomas P JR

Chief Merch. Officer · 2026-06-15

Option exercise

297 shares

Brennan Thomas P JR

Chief Merch. Officer · 2026-06-15

Option exercise

318 shares

Brennan Thomas P JR

Chief Merch. Officer · 2026-06-15

Tax withholding

$3.9M

Brennan Thomas P JR

Chief Merch. Officer · 2026-06-15

Award

9,246 shares

Bramlage Stephen P JR

Chief Financial Officer · 2026-06-15

Tax withholding

$6.3M

Bramlage Stephen P JR

Chief Financial Officer · 2026-06-15

Award

15,206 shares

Bramlage Stephen P JR

Chief Financial Officer · 2026-06-15

Option exercise

676 shares

Bramlage Stephen P JR

Chief Financial Officer · 2026-06-15

Option exercise

487 shares

Bramlage Stephen P JR

Chief Financial Officer · 2026-06-15

Option exercise

492 shares

REBELEZ DARREN M

President and CEO · 2026-06-15

Option exercise

2,422 shares

REBELEZ DARREN M

President and CEO · 2026-06-15

Option exercise

1,873 shares

REBELEZ DARREN M

President and CEO · 2026-06-15

Option exercise

1,737 shares

REBELEZ DARREN M

President and CEO · 2026-06-15

Tax withholding

$22.7M

REBELEZ DARREN M

President and CEO · 2026-06-15

Award

54,486 shares

About Casey's General Stores, Inc.

Casey's General Stores, Inc. engages in the provision of management and operation of convenience stores and gasoline stations. It provides self-service gasoline, a wide selection of grocery items, and an array of freshly prepared food items. The firm offers food, beverages, tobacco products, health and beauty aids, automotive products, and other non-food items. The company was founded by Donald F. Lamberti in 1968…

Specialty Retail

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works