QQQ   354.21 (-1.50%)
AAPL   171.96 (-2.34%)
MSFT   312.14 (-1.70%)
META   298.96 (-0.62%)
GOOGL   128.57 (-1.94%)
AMZN   125.98 (-4.03%)
TSLA   244.12 (-1.16%)
NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
T   15.02 (-0.27%)
F   12.44 (-1.11%)
MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
DIS   80.04 (-1.20%)
AMC   7.92 (-2.82%)
PFE   32.37 (-1.85%)
PYPL   58.93 (+0.12%)
NFLX   379.25 (-1.44%)
QQQ   354.21 (-1.50%)
AAPL   171.96 (-2.34%)
MSFT   312.14 (-1.70%)
META   298.96 (-0.62%)
GOOGL   128.57 (-1.94%)
AMZN   125.98 (-4.03%)
TSLA   244.12 (-1.16%)
NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
T   15.02 (-0.27%)
F   12.44 (-1.11%)
MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
DIS   80.04 (-1.20%)
AMC   7.92 (-2.82%)
PFE   32.37 (-1.85%)
PYPL   58.93 (+0.12%)
NFLX   379.25 (-1.44%)
QQQ   354.21 (-1.50%)
AAPL   171.96 (-2.34%)
MSFT   312.14 (-1.70%)
META   298.96 (-0.62%)
GOOGL   128.57 (-1.94%)
AMZN   125.98 (-4.03%)
TSLA   244.12 (-1.16%)
NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
T   15.02 (-0.27%)
F   12.44 (-1.11%)
MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
DIS   80.04 (-1.20%)
AMC   7.92 (-2.82%)
PFE   32.37 (-1.85%)
PYPL   58.93 (+0.12%)
NFLX   379.25 (-1.44%)
QQQ   354.21 (-1.50%)
AAPL   171.96 (-2.34%)
MSFT   312.14 (-1.70%)
META   298.96 (-0.62%)
GOOGL   128.57 (-1.94%)
AMZN   125.98 (-4.03%)
TSLA   244.12 (-1.16%)
NVDA   419.11 (-0.74%)
NIO   8.40 (+0.60%)
BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
T   15.02 (-0.27%)
F   12.44 (-1.11%)
MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
DIS   80.04 (-1.20%)
AMC   7.92 (-2.82%)
PFE   32.37 (-1.85%)
PYPL   58.93 (+0.12%)
NFLX   379.25 (-1.44%)

General Mills (GIS) Stock Forecast, Price & News

$65.24
+0.46 (+0.71%)
(As of 09/26/2023 ET)
Compare
Today's Range
$64.50
$65.66
50-Day Range
$64.78
$77.25
52-Week Range
$64.08
$90.89
Volume
5.38 million shs
Average Volume
3.59 million shs
Market Capitalization
$37.92 billion
P/E Ratio
15.91
Dividend Yield
3.62%
Price Target
$75.74

General Mills MarketRank™ Forecast

Analyst Rating
Hold
2.18 Rating Score
Upside/​Downside
16.1% Upside
$75.74 Price Target
Short Interest
Healthy
2.46% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.28
Upright™ Environmental Score
News Sentiment
0.38mentions of General Mills in the last 14 days
Based on 62 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.36%
From $4.48 to $4.72 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.76 out of 5 stars

Consumer Staples Sector

24th out of 132 stocks

Grain Mill Products Industry

2nd out of 5 stocks


GIS stock logo

About General Mills (NYSE:GIS) Stock

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 salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, Muir Glen, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Raisin Nut Bran, Total, Top Chews Naturals, Totino's, Trix, True Chews, Wanchai Ferry, Wheaties, Wilderness, Yoki, Reese's Puffs, Green Giant, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. In addition, the company operates ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.

GIS Price History

GIS Stock News Headlines

Hostess Acquisition, 3.3% Dividend Make J.M. Smucker a Sweet Deal (GIS)
In light of a market overreaction, patient value investors have a tasty opportunity in J.M. Smucker stock following the company's acquisition of Hostess.
Want Income? These 3 Stocks Boosting Their Dividend Payouts (GIS)
General Mills, Bank of America, and Skyworks Solutions have increased their shareholder dividend; all three are currently trading at attractive multiples.
Elon Did It Again: This Could be Bigger than Tesla
Love him or hate him, it’s hard to deny Elon Musk is a genius. After revolutionizing online payment processing (PayPal), space exploration (SpaceX), and the auto industry (Tesla)... He’s getting ready to do it again with his new AI venture.
What Are Consumer Staples Stocks? (GIS)
Consumer staples stocks come from companies that produce in-demand goods and offer investors a safe harbor during inflation. Learn more.
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
General Mills (NYSE:GIS) PT Lowered to $70.00 at Mizuho
Morgan Stanley Cuts General Mills (NYSE:GIS) Price Target to $58.00
General Mills (NYSE:GIS) Now Covered by HSBC
General Mills (NYSE:GIS) PT Lowered to $76.00 at Royal Bank of Canada
General Mills (NYSE:GIS) Price Target Cut to $61.00
Bernstein Keeps Their Sell Rating on General Mills (GIS)
General Mills (GIS) Receives a Buy from Piper Sandler
Q1 2024 General Mills Inc Earnings Call
See More Headlines
Receive GIS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for General Mills and its competitors with MarketBeat's FREE daily newsletter.

GIS Company Calendar

Ex-Dividend for 8/1 Dividend
7/07/2023
Dividend Payable
8/01/2023
Last Earnings
9/20/2023
Today
9/26/2023
Dividend Payable
11/01/2023
Next Earnings (Estimated)
12/19/2023
Fiscal Year End
5/31/2024
Ex-Dividend for 11/1 Dividend
1/01/2100

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Packaged Foods & Meats
CUSIP
37033410
Employees
34,000
Year Founded
1928

Price Target and Rating

Average Stock Price Forecast
$75.74
High Stock Price Forecast
$96.00
Low Stock Price Forecast
$58.00
Forecasted Upside/Downside
+15.5%
Consensus Rating
Hold
Rating Score (0-4)
2.18
Research Coverage
17 Analysts

Profitability

Net Income
$2.59 billion
Pretax Margin
14.55%

Debt

Sales & Book Value

Annual Sales
$20.09 billion
Cash Flow
$5.42 per share
Book Value
$18.28 per share

Miscellaneous

Free Float
579,884,000
Market Cap
$38.12 billion
Optionable
Optionable
Beta
0.24

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Jeffrey L. HarmeningMr. Jeffrey L. Harmening (Age 56)
    Chairman & CEO
    Comp: $5.21M
  • Mr. Kofi A. Bruce (Age 52)
    Chief Financial Officer
    Comp: $2.16M
  • Ms. Karen Wilson Thissen (Age 56)
    Gen. Counsel & Corp. Sec.
    Comp: $1.84M
  • Mr. Jonathon J. NudiMr. Jonathon J. Nudi (Age 53)
    Group Pres of North America Retail
    Comp: $2.65M
  • Mr. Jaime Montemayor (Age 58)
    Chief Digital & Technology Officer
    Comp: $1.76M
  • Mr. Mark A. PallotMr. Mark A. Pallot (Age 49)
    VP & Chief Accounting Officer
  • Ms. Lanette Shaffer Werner (Age 52)
    Chief Innovation, Technology & Quality (ITQ) Officer
  • Jeff Siemon
    VP of Investor Relations
  • Mr. Jano Cabrera (Age 48)
    Chief Communications Officer
  • Ms. Jacqueline R. Williams-RollMs. Jacqueline R. Williams-Roll (Age 54)
    Chief HR Officer













GIS Stock - Frequently Asked Questions

Should I buy or sell General Mills stock right now?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last twelve months. There are currently 2 sell ratings, 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GIS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GIS, but not buy additional shares or sell existing shares.
View GIS analyst ratings
or view top-rated stocks.

What is General Mills' stock price forecast for 2023?

17 Wall Street research analysts have issued 12 month target prices for General Mills' shares. Their GIS share price forecasts range from $58.00 to $96.00. On average, they predict the company's share price to reach $75.74 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
View analysts price targets for GIS
or view top-rated stocks among Wall Street analysts.

How have GIS shares performed in 2023?

General Mills' stock was trading at $83.85 on January 1st, 2023. Since then, GIS stock has decreased by 21.8% and is now trading at $65.58.
View the best growth stocks for 2023 here
.

When is General Mills' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 19th 2023.
View our GIS earnings forecast
.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) announced its quarterly earnings results on Wednesday, September, 20th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.01. The business had revenue of $4.90 billion for the quarter, compared to analysts' expectations of $4.88 billion. General Mills had a net margin of 12.07% and a trailing twelve-month return on equity of 24.39%. The company's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.11 EPS.
Read the conference call transcript
.

How often does General Mills pay dividends? What is the dividend yield for General Mills?

General Mills announced a quarterly dividend on Tuesday, September 26th. Stockholders of record on Tuesday, October 10th will be paid a dividend of $0.59 per share on Wednesday, November 1st. This represents a $2.36 annualized dividend and a dividend yield of 3.60%.
Read our dividend analysis for GIS
.

Is General Mills a good dividend stock?

General Mills (NYSE:GIS) pays an annual dividend of $2.36 per share and currently has a dividend yield of 3.64%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 57.56%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIS will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIS.

What guidance has General Mills issued on next quarter's earnings?

General Mills issued an update on its FY 2024 earnings guidance on Wednesday, September, 6th. The company provided earnings per share guidance of $4.47-$4.56 for the period, compared to the consensus estimate of $4.50. The company issued revenue guidance of -.

What is Jeff Harmening's approval rating as General Mills' CEO?

372 employees have rated General Mills Chief Executive Officer Jeff Harmening on Glassdoor.com. Jeff Harmening has an approval rating of 95% among the company's employees. This puts Jeff Harmening in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of General Mills own?

Based on aggregate information from My MarketBeat watchlists, some companies that other General Mills investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Pfizer (PFE), Intel (INTC), Procter & Gamble (PG), Cisco Systems (CSCO), Exxon Mobil (XOM), Walt Disney (DIS) and AbbVie (ABBV).

What is General Mills' stock symbol?

General Mills trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIS."

Who are General Mills' major shareholders?

General Mills' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.35%), State Street Corp (5.65%), Capital International Investors (5.62%), Capital Research Global Investors (3.06%), Geode Capital Management LLC (1.98%) and Northern Trust Corp (1.30%). Insiders that own company stock include Bethany C Quam, Dana M Mcnabb, Jacqueline Williams-Roll, Jeffrey L Harmening, Jodi J Benson, John R Church, Jonathon Nudi, Mark A Pallot, R Kerry Clark, Richard C Allendorf, Sean N Walker and Shawn P Ogrady.
View institutional ownership trends
.

How do I buy shares of General Mills?

Shares of GIS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is General Mills' stock price today?

One share of GIS stock can currently be purchased for approximately $65.58.

How much money does General Mills make?

General Mills (NYSE:GIS) has a market capitalization of $38.12 billion and generates $20.09 billion in revenue each year. The company earns $2.59 billion in net income (profit) each year or $4.10 on an earnings per share basis.

How many employees does General Mills have?

The company employs 34,000 workers across the globe.

Does General Mills have any subsidiaries?
The following companies are subsidiares of General Mills: Annie’s, Annie’s, Blue Buffalo, Blue Buffalo Company Ltd., Blue Buffalo Pet Products, C.P.D. Cereal Partners Deutschland Gmbh & Co. Ohg, C.P.W. Hellas Breakfast Cereals Societe Anonyme, C.P.W. Mexico S. De R.L. De C.V., CEREAL PARTNERS ESPANA A.E.I.E., CEREAL PARTNERS U.K., CP MIDDLE EAST FZCO, CPW HONG KONG LIMITED, CPW NEW ZEALAND, Carolina Administracao e Participacoes Societarias Ltda., Carolina Laticínios, Cereal Associados Portugal A.E.I.E., Cereal Partners (Malaysia) Sdn. Bhd., Cereal Partners Australia Pty Limited, Cereal Partners France Snc, Cereal Partners Gida Ticaret Limited Sirketi, Cereal Partners Mexico S.A. De C.V., Cereal Partners Poland Torun-Pacific Sp. Z.O.O., Cereal Partners Rus Llc, Cereales C.P.W. Chile Limitada (Srl), Cpw Ama Dwc—Llc, Cpw Brasil Ltda., Cpw Operations S.A.R.L., Cpw Philippines Inc., Cpw S.A., Cpw Singapore (Pte.) Ltd., EPIC Provisions, Food Should Taste Good, General Mills Capital Inc., General Mills Finance Inc., General Mills Holding B.V., General Mills Holding K (Netherlands) B.V., General Mills Maarssen Holding Inc., General Mills Marketing Inc., General Mills Operations Llc, Gm Cereals Holdings Inc., Gm Cereals Manager Inc., Haagen-Dazs Japan Inc., Haagen-Dazs Korea Co. Ltd., Haagen-Dazs Nederland B.V., Humm Foods, Humm Foods, Parampara Food Products, Saxby Bros, The Pillsbury Company, The Pillsbury Company Llc, Tyson Foods, Yoki Alimentos, Yoplait, and Yoplait.
Read More
How can I contact General Mills?

General Mills' mailing address is NUMBER ONE GENERAL MILLS BOULEVARD, MINNEAPOLIS MN, 55440. The official website for the company is www.generalmills.com. The company can be reached via phone at (763) 764-7600, via email at media.line@genmills.com, or via fax at 763-764-8330.

This page (NYSE:GIS) was last updated on 9/26/2023 by MarketBeat.com Staff

My Account -