General Mills, Inc manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, frozen pizza and pizza snacks, grain, fruit, and savory snacks, as well as organic products, including refrigerated yogurt, nutrition bars, meal kits, salty snacks, ready-to-eat cereal, and grain snacks.
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Industry, Sector and Symbol
Industry Grain mill products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Phone763-764-7600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$16.87 billion
Profitability
Miscellaneous
Employees40,000
Next Earnings Date3/18/2020 (Estimated)
OptionableOptionable
General Mills (NYSE:GIS) Frequently Asked Questions
What is General Mills' stock symbol?
General Mills trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIS."
How often does General Mills pay dividends? What is the dividend yield for General Mills?
General Mills declared a quarterly dividend on Monday, January 27th. Stockholders of record on Friday, April 10th will be paid a dividend of $0.49 per share on Friday, May 1st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.66%. The ex-dividend date of this dividend is Wednesday, April 8th. View General Mills' Dividend History.
How will General Mills' stock buyback program work?
General Mills announced that its Board of Directors has approved a share repurchase program on Monday, February 26th 2018, which authorizes the company to buyback outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.
How were General Mills' earnings last quarter?
General Mills, Inc. (NYSE:GIS) posted its quarterly earnings results on Wednesday, December, 18th. The company reported $0.95 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.88 by $0.07. The company had revenue of $4.42 billion for the quarter, compared to analysts' expectations of $4.43 billion. General Mills had a return on equity of 27.33% and a net margin of 12.62%. The firm's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.85 earnings per share. View General Mills' Earnings History.
When is General Mills' next earnings date?
What guidance has General Mills issued on next quarter's earnings?
General Mills updated its FY 2020
Pre-Market earnings guidance on Tuesday, February, 18th. The company provided earnings per share guidance of 3.32-3.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.38. The company issued revenue guidance of $17.034-17.034 billion, compared to the consensus revenue estimate of $17.23 billion.
What price target have analysts set for GIS?
19 equities research analysts have issued 12 month price objectives for General Mills' stock. Their forecasts range from $41.00 to $65.00. On average, they expect General Mills' stock price to reach $55.47 in the next twelve months. This suggests a possible upside of 3.6% from the stock's current price. View Analyst Price Targets for General Mills.
What is the consensus analysts' recommendation for General Mills?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 1 sell rating, 13 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for General Mills.
What are Wall Street analysts saying about General Mills stock?
Here are some recent quotes from research analysts about General Mills stock:
- 1. According to Zacks Investment Research, "General Mills, which has outpaced the industry in the past six months, is steadily gaining from buyouts, especially Blue Buffalo. The acquisition drove fourth-quarter fiscal 2019 performance, with the top and the bottom line improving year over year. Revenues gained from acquisitions and earnings were fueled by higher adjusted operating profit. Management also provided optimistic view for 2020. Further, the company is on track with savings efforts like Holistic Margin Management program and initiatives to enhance efficiency. It is on track with Consumer First strategy and key global growth strategies to consistently drive sales. On the flip side, input cost inflation is weighing on the company’s margins. This along with weakness in the U.S. Snacks unit and headwinds in Europe & Australia regions is a concern." (8/22/2019)
- 2. Jefferies Financial Group Inc analysts commented, "3Q sales, GP, EBIT and EPS beat significantly, driven entirely by better base business performance. In the quarter, price/mix and organic sales growth accelerated, gross margins expanded, and SG&A was leveraged, dispelling the bear thesis on most fronts. Negatives were Pet margins did not show sequential improvement, organic sales growth is expected to be at low end of guidance range & 4Q EBIT/EPS guidance is set below JEF/Street." (3/20/2019)
Has General Mills been receiving favorable news coverage?
Media headlines about GIS stock have trended extremely negative on Tuesday, according to InfoTrie. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. General Mills earned a daily sentiment score of -5.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for General Mills.
Who are some of General Mills' key competitors?
Some companies that are related to General Mills include Mondelez International (MDLZ), Hershey (HSY), Tyson Foods (TSN), Hormel Foods (HRL), Kellogg (K), MCCORMICK & CO /SH (MKC), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Seaboard (SEB), Lancaster Colony (LANC) and J & J Snack Foods (JJSF).
What other stocks do shareholders of General Mills own?
Who are General Mills' key executives?
General Mills' management team includes the folowing people:
- Mr. Jeffrey L. Harmening, Chairman & CEO (Age 52)
- Mr. Donal Leo Mulligan, Chief Financial Officer (Age 58)
- Mr. Richard C. Allendorf, Gen. Counsel & Sec. (Age 58)
- Mr. John R. Church, Chief Supply Chain Officer & Global Bus. Solutions Officer (Age 53)
- Mr. Jonathon J. Nudi, Group Pres of North America Retail (Age 49)
Who are General Mills' major shareholders?
General Mills' stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (6.01%), Capital World Investors (2.55%), Capital Research Global Investors (1.16%), American International Group Inc. (0.93%), Bank of New York Mellon Corp (0.88%) and Jensen Investment Management Inc. (0.85%). Company insiders that own General Mills stock include Donal L Mulligan, Heidi Miller, Jacqueline Williams-Roll, Jeffrey L Harmening, Jodi J Benson, John R Church, Jonathon Nudi, Kofi A Bruce, Maria Sastre, Peter C Erickson, R Kerry Clark and Shawn P Ogrady. View Institutional Ownership Trends for General Mills.
Which major investors are selling General Mills stock?
GIS stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, American International Group Inc., AJO LP, Renaissance Technologies LLC, PGGM Investments, Van ECK Associates Corp, First Trust Advisors LP and Bank of New York Mellon Corp. Company insiders that have sold General Mills company stock in the last year include Donal L Mulligan, Heidi Miller, Jacqueline Williams-Roll, Jodi J Benson, John R Church, Jonathon Nudi, Kofi A Bruce, R Kerry Clark and Shawn P Ogrady. View Insider Buying and Selling for General Mills.
Which major investors are buying General Mills stock?
GIS stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Stifel Financial Corp, State Street Corp, Jensen Investment Management Inc., State of Michigan Retirement System, Captrust Financial Advisors, Public Sector Pension Investment Board and MUFG Securities EMEA plc. Company insiders that have bought General Mills stock in the last two years include Jeffrey L Harmening and Maria Sastre. View Insider Buying and Selling for General Mills.
How do I buy shares of General Mills?
Shares of GIS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is General Mills' stock price today?
One share of GIS stock can currently be purchased for approximately $53.54.
How big of a company is General Mills?
General Mills has a market capitalization of $32.38 billion and generates $16.87 billion in revenue each year. The company earns $1.75 billion in net income (profit) each year or $3.22 on an earnings per share basis. General Mills employs 40,000 workers across the globe.View Additional Information About General Mills.
What is General Mills' official website?
How can I contact General Mills?
General Mills' mailing address is NUMBER ONE GENERAL MILLS BOULEVARD, MINNEAPOLIS MN, 55440. The company can be reached via phone at 763-764-7600 or via email at [email protected]
MarketBeat Community Rating for General Mills (NYSE GIS)
MarketBeat's community ratings are surveys of what our community members think about General Mills and other stocks. Vote "Outperform" if you believe GIS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GIS will underperform the S&P 500 over the long term. You may vote once every thirty days.
