NYSE:GIS - General Mills Stock Price, News, & Analysis

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$45.04 +0.51 (+1.15 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$45.04
Today's Range$44.77 - $45.30
52-Week Range$36.42 - $56.72
Volume4.19 million shs
Average Volume4.96 million shs
Market Capitalization$26.88 billion
P/E Ratio14.48
Dividend Yield4.40%
Beta0.76
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. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and 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, BLUE Wilderness, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, 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 trademarks. General Mills 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. It operates 507 leased and 372 franchise branded ice cream parlors. The company was founded in 1866 and is based in Minneapolis, Minnesota.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$15.74 billion
Cash Flow$4.1550 per share
Book Value$10.94 per share

Profitability

Net Income$2.13 billion

Miscellaneous

Employees40,000
Market Cap$26.88 billion
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 Tuesday, February 5th. Stockholders of record on Wednesday, April 10th will be given a dividend of $0.49 per share on Wednesday, May 1st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.35%. The ex-dividend date of this dividend is Tuesday, April 9th. View General Mills' Dividend History.

How will General Mills' stock buyback program work?

General Mills announced that its Board of Directors has initiated a share buyback plan on Monday, February 26th 2018, which permits the company to repurchase shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its stock is undervalued.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) posted its earnings results on Wednesday, December, 19th. The company reported $0.85 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.81 by $0.04. The company had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.51 billion. General Mills had a net margin of 12.48% and a return on equity of 29.44%. The firm's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.82 earnings per share. 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, March 20th 2019. View Earnings Estimates for General Mills.

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

General Mills issued an update on its FY 2019 earnings guidance on Wednesday, December, 19th. The company provided earnings per share guidance of $3.02-3.11 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.06. The company issued revenue guidance of $17.157-17.314 billion, compared to the consensus revenue estimate of $17.08 billion.

What price target have analysts set for GIS?

19 equities research analysts have issued 1-year price objectives for General Mills' stock. Their forecasts range from $37.59 to $55.00. On average, they anticipate General Mills' stock price to reach $46.8661 in the next twelve months. This suggests a possible upside of 4.1% 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, 12 hold ratings and 6 buy ratings 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. Jefferies Financial Group Inc analysts commented, "The stock’s underperformance reflects the expectation of a guide-down driven by weak 2Q Pet results. However, we believe FY19 guidance already contemplates weak 2Q Pet results and that the 2H acceleration in Pet earnings is achievable. Base business sales growth trends have improved in 2Q and earnings growth guidance is conservative. We expect 2Q results to be better than feared and believe GIS is the best way to play our BSM thesis. We expect 2Q results and FY19 guidance to be better than feared. We expect GIS to report 2Q EPS of $0.81 (in line with consensus). We have lowered our 2Q estimate slightly, which primarily reflects more 2H-weighted sales growth assumptions in Pet vs. our previous estimates although our FY19 EPS estimate remains unchanged." (12/18/2018)
  • 2. According to Zacks Investment Research, "General Mills is taking aggressive initiatives to reinvigorate its U.S. Yogurt business through innovation and promotional support, and is also witnessing improved trends on this front. Also, the company remains committed toward reshaping its portfolio, evident from Blue Buffalo’s buyout. These factors along with strong e-commerce business and HMM savings should continue aiding the company, which saw both the top and the bottom lines grow in first-quarter fiscal 2019. Well, we expect General Mills’ cost-saving and sales-driving efforts to help uplift the stock that has dipped in the past three months. General Mills is battling input cost inflation. Unfortunately, the company expects input cost inflation of 5% in fiscal 2019, a point greater than the fiscal 2018 level. The company is struggling with soft North American retail sales, with weakness in the priority U.S. Yogurt category being a major hurdle." (12/10/2018)

Has General Mills been receiving favorable news coverage?

Media coverage about GIS stock has trended neutral this week, InfoTrie reports. The research group scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. General Mills earned a news sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of General Mills' key competitors?

Some companies that are related to General Mills include Kellogg (K), Post (POST), Ingredion (INGR), Freshpet (FRPT), RiceBran Technologies (RIBT) and Z-Trim (FBER).

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 shareholders include BlackRock Inc. (6.86%), Massachusetts Financial Services Co. MA (3.20%), American International Group Inc. (1.62%), Northern Trust Corp (1.24%), Geode Capital Management LLC (1.21%) and Bank of New York Mellon Corp (1.06%). Company insiders that own General Mills stock include Bethany C Quam, Heidi Miller, Jacqueline Williams-Roll, Jeffrey L Harmening, Jeffrey Rohit Sundar, 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 institutional 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, Voloridge Investment Management LLC, Hamlin Capital Management LLC, Bank of New York Mellon Corp, Retirement Systems of Alabama, CWM LLC, O Shaughnessy Asset Management LLC and Avalon Advisors LLC. Company insiders that have sold General Mills company stock in the last year include Heidi Miller, Jacqueline Williams-Roll, Jonathon Nudi, Kofi A Bruce, Peter C Erickson, R Kerry Clark and Shawn P Ogrady. View Insider Buying and Selling for General Mills.

Which institutional investors are buying General Mills stock?

GIS stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, BlackRock Inc., Wedge Capital Management L L P NC, Steward Partners Investment Advisory LLC, Gotham Asset Management LLC, Geode Capital Management LLC, Principal Financial Group Inc. and American International Group Inc.. Company insiders that have bought General Mills stock in the last two years include Jeffrey L Harmening, Jeffrey Rohit Sundar, Jonathon Nudi 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, Scottrade, Fidelity and Charles Schwab.

What is General Mills' stock price today?

One share of GIS stock can currently be purchased for approximately $45.04.

How big of a company is General Mills?

General Mills has a market capitalization of $26.88 billion and generates $15.74 billion in revenue each year. The company earns $2.13 billion in net income (profit) each year or $3.11 on an earnings per share basis. General Mills employs 40,000 workers across the globe.

What is General Mills' official website?

The official website for General Mills is http://www.generalmills.com.

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 (NYSE GIS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  516 (Vote Outperform)
Underperform Votes:  735 (Vote Underperform)
Total Votes:  1,251
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 2/16/2019 by MarketBeat.com Staff

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