General Mills (GIS) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• General Mills is set to announce its Q1 2026 earnings on September 17th, with expectations of $0.81 per share and $4.5218 billion in revenue.
• The company has recently increased its quarterly dividend to $0.61 per share, resulting in an annualized yield of 4.8%.
• Despite some analysts downgrading their ratings and target prices, General Mills maintains a consensus rating of "Hold" with an average price target of $59.13.

General Mills (NYSE:GIS - Get Free Report) will likely be issuing its Q1 2026 results before the market opens on Wednesday, September 17th. Analysts expect the company to announce earnings of $0.81 per share and revenue of $4.5218 billion for the quarter. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS.Parties may visit the the company's upcoming Q1 2026 earningresults page for the latest details on the call scheduled for Wednesday, September 17, 2025 at 9:00 AM ET.

General Mills (NYSE:GIS - Get Free Report) last issued its quarterly earnings results on Wednesday, June 25th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.02. General Mills had a return on equity of 24.88% and a net margin of 11.78%.The business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.60 billion. During the same quarter in the prior year, the firm posted $1.01 earnings per share. The firm's revenue for the quarter was down 3.3% compared to the same quarter last year. On average, analysts expect General Mills to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

General Mills Trading Up 0.5%

Shares of GIS opened at $50.35 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.67 and a debt-to-equity ratio of 1.38. General Mills has a 12-month low of $48.29 and a 12-month high of $75.90. The firm has a market capitalization of $27.31 billion, a PE ratio of 12.28, a price-to-earnings-growth ratio of 1.26 and a beta of -0.02. The stock's fifty day simple moving average is $50.16 and its 200-day simple moving average is $54.39.

General Mills Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Thursday, July 10th were paid a dividend of $0.61 per share. This represents a $2.44 annualized dividend and a dividend yield of 4.8%. This is a boost from General Mills's previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Thursday, July 10th. General Mills's payout ratio is currently 59.51%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. The Goldman Sachs Group lowered General Mills from a "buy" rating to a "neutral" rating and cut their target price for the company from $68.00 to $58.00 in a research note on Monday, June 9th. Barclays cut their target price on General Mills from $60.00 to $54.00 and set an "equal weight" rating on the stock in a research note on Thursday, June 26th. Morgan Stanley reissued an "underweight" rating and set a $51.00 price objective (down previously from $53.00) on shares of General Mills in a research note on Tuesday, June 24th. Wall Street Zen lowered shares of General Mills from a "hold" rating to a "sell" rating in a research note on Saturday, August 30th. Finally, UBS Group reduced their price objective on shares of General Mills from $52.00 to $49.00 and set a "sell" rating on the stock in a research note on Thursday, June 26th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $59.13.

Institutional Investors Weigh In On General Mills

Hedge funds have recently modified their holdings of the business. Darwin Wealth Management LLC acquired a new stake in shares of General Mills during the second quarter worth about $68,000. MUFG Securities EMEA plc acquired a new stake in shares of General Mills during the second quarter worth about $84,000. Rakuten Securities Inc. raised its position in shares of General Mills by 825.9% during the second quarter. Rakuten Securities Inc. now owns 2,250 shares of the company's stock worth $117,000 after purchasing an additional 2,007 shares during the period. Voleon Capital Management LP acquired a new stake in shares of General Mills during the second quarter worth about $219,000. Finally, Keel Point LLC raised its position in shares of General Mills by 47.1% during the second quarter. Keel Point LLC now owns 5,736 shares of the company's stock worth $297,000 after purchasing an additional 1,837 shares during the period. Institutional investors and hedge funds own 75.71% of the company's stock.

About General Mills

General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.

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