NYSE:GIS - General Mills Stock Price, Price Target & More

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$44.98 +0.25 (+0.56 %)
(As of 06/19/2018 04:00 PM ET)
Previous Close$44.73
Today's Range$44.49 - $45.11
52-Week Range$41.01 - $60.69
Volume4.15 million shs
Average Volume5.48 million shs
Market Capitalization$25.85 billion
P/E Ratio14.60
Dividend Yield4.31%
Beta0.77
General Mills logoGeneral Mills, Inc. manufactures and markets branded consumer foods in the United States. The company operates in four segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. 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, shelf stable and frozen vegetables, and ice cream and frozen desserts, as well as grain, fruit and savory snacks; and various organic products, including nutrition bars, meal kits, salty snacks, and ready-to-eat cereal. The company markets its products under the Annie's, Betty Crocker, Bisquick, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jeno's, Jus-Rol, Kitano, Kix, La Salteña, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Yoki, and Yoplait names. It also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce grocery providers, commercial and noncommercial foodservice distributors and operators, restaurants, and convenience stores, as well as drug, dollar, and discount chains. It operates 433 ice cream parlors; and franchises 356 branded ice cream parlors. General Mills, Inc. also exports its products primarily to Caribbean and Latin American markets. The company was founded in 1928 and is based in Minneapolis, Minnesota.

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Industry, Sector and Symbol

Industry Grain mill products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
SymbolNYSE:GIS
CUSIP37033410
Phone763-764-7600

Debt

Debt-to-Equity Ratio1.34
Current Ratio0.69
Quick Ratio0.45

Price-To-Earnings

Trailing P/E Ratio14.60
Forward P/E Ratio14.65
P/E Growth1.94

Sales & Book Value

Annual Sales$15.62 billion
Price / Sales1.64
Cash Flow$4.1959 per share
Price / Cash10.72
Book Value$8.12 per share
Price / Book5.54

Profitability

EPS (Most Recent Fiscal Year)$3.08
Net Income$1.66 billion
Net Margins13.96%
Return on Equity37.64%
Return on Assets8.04%

Miscellaneous

Employees38,000
Outstanding Shares569,040,000

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 announced a quarterly dividend on Monday, March 19th. Shareholders of record on Tuesday, April 10th will be given a dividend of $0.49 per share on Tuesday, May 1st. This represents a $1.96 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend is Monday, April 9th. View General Mills' Dividend History.

How will General Mills' stock buyback program work?

General Mills declared that its Board of Directors has approved a stock repurchase plan on Monday, February 26th 2018, which allows the company to repurchase outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its shares are undervalued.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) released its quarterly earnings data on Wednesday, March, 21st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.78 by $0.01. The business earned $3.88 billion during the quarter, compared to analysts' expectations of $3.87 billion. General Mills had a return on equity of 37.64% and a net margin of 13.96%. The firm's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period last year, the business earned $0.72 EPS. View General Mills' Earnings History.

When is General Mills' next earnings date?

General Mills is scheduled to release their next quarterly earnings announcement on Wednesday, June, 27th 2018. View Earnings Estimates for General Mills.

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

General Mills updated its FY18 earnings guidance on Wednesday, March, 21st. The company provided earnings per share (EPS) guidance of $3.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.17.

What price target have analysts set for GIS?

20 analysts have issued 12 month price targets for General Mills' stock. Their predictions range from $44.00 to $69.00. On average, they expect General Mills' share price to reach $52.0625 in the next year. 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' consumer-focused innovation, marketing initiatives and robust restructuring savings are making up for the tepid revenue growth. The company is currently pursuing several initiatives focused on improving operational efficiency to generate cost savings and support its key growth strategies. That said, sales and profits at the company’s North America Retail segment, contributing 64.8% to its sales, have been soft. The North American food industry has seen sluggish growth and slowdown in consumption over the last few quarters owing to changes in consumer preference. General Mills' shares have underperformed the industry year to date. Meanwhile, earnings estimates have moved 0.6% down for both the current year and the next over the last 60 days, reflecting analysts' apprehensions over the stock’s earnings prospect." (6/5/2018)
  • 2. Jefferies Financial Group Inc analysts commented, "GIS has reached an agreement to buy BUFF. It is a bold/transformative move & raises the stakes for the new CEO, Jeff Harmening. We have long loved the Pet category & BUFF is a leading brand in the fastest growing sub-segment. As such, we like the strategic merit but the price is steep & GIS will have to work hard to extract value from the deal. Synergies & accretion sound conservative & the deal should accelerate portfolio pruning efforts in the base business. We like the strategic merit but investors will surely question GIS’s ability to execute. We have long loved the Pet Food category for its secular growth dynamics – pet population growth combined with premiumization driven by the “humanization” of pets. The BUFF brand is a leader in the fastest growing sub-category (Wholesome Natural) and has a strong presence in emerging channels (eCommerce and Specialty). This transaction should improve GIS’s category growth profile by ~30-50 bps and its sales growth potential by ~100 bps. Investors will question GIS’s ability to execute given issues it has had growing its base business (particularly, Yogurt) and troubles other food companies have had integrating Pet Food assets (SJM)." (2/23/2018)

Who are some of General Mills' key competitors?

Who are General Mills' key executives?

General Mills' management team includes the folowing people:
  • Mr. Jeffrey L. Harmening, Chairman, CEO & Director (Age 51)
  • Mr. Donal Leo Mulligan, Exec. VP & CFO (Age 57)
  • Mr. Richard C. Allendorf, Sr. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. John R. Church, Exec. VP of Supply Chain & Global Bus. Solutions and Chief Supply Chain Officer (Age 52)
  • Ms. Marie C. Pillai, Chief Investment Officer & VP

Has General Mills been receiving favorable news coverage?

News stories about GIS stock have been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. General Mills earned a coverage optimism score of 0.17 on Accern's scale. They also gave media stories about the company an impact score of 47.14 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are General Mills' major shareholders?

General Mills' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.31%), Massachusetts Financial Services Co. MA (4.06%), American International Group Inc. (1.74%), Northern Trust Corp (1.45%), American Century Companies Inc. (1.36%) and Federated Investors Inc. PA (0.94%). Company insiders that own General Mills stock include Bethany C Quam, Dorothy A Terrell, Jeffrey L Harmening, Jeffrey Rohit Sundar, Jerald A Young, John R Church, Jonathon Nudi, Michael D Rose, Paul Danos, Peter C Erickson and Robert L Ryan. View Institutional Ownership Trends for General Mills.

Which institutional investors are selling General Mills stock?

GIS stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Amundi Pioneer Asset Management Inc., Flossbach Von Storch AG, Westwood Holdings Group Inc., Conning Inc., PNC Financial Services Group Inc., Northern Trust Corp and Sei Investments Co.. Company insiders that have sold General Mills company stock in the last year include Bethany C Quam and Jeffrey Rohit Sundar. View Insider Buying and Selling for General Mills.

Which institutional investors are buying General Mills stock?

GIS stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Schroder Investment Management Group, Massachusetts Financial Services Co. MA, Stifel Financial Corp, Schwab Charles Investment Management Inc., The Manufacturers Life Insurance Company, Van ECK Associates Corp and Handelsbanken Fonder AB. Company insiders that have bought General Mills stock in the last two years include Jeffrey L Harmening, Jeffrey Rohit Sundar and Jonathon Nudi. 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, Scottrade, Fidelity and Charles Schwab.

What is General Mills' stock price today?

One share of GIS stock can currently be purchased for approximately $44.98.

How big of a company is General Mills?

General Mills has a market capitalization of $25.85 billion and generates $15.62 billion in revenue each year. The company earns $1.66 billion in net income (profit) each year or $3.08 on an earnings per share basis. General Mills employs 38,000 workers across the globe.

How can I contact General Mills?

General Mills' mailing address is NUMBER ONE GENERAL MILLS BLVD, 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 (GIS)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  401 (Vote Outperform)
Underperform Votes:  591 (Vote Underperform)
Total Votes:  992
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.
This page was last updated on 6/19/2018 by MarketBeat.com Staff

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