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

$55.02
+0.69 (+1.27 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$53.51
Now: $55.02
$55.29
50-Day Range
$52.31
MA: $53.51
$55.05
52-Week Range
$36.42
Now: $55.02
$55.29
Volume4.27 million shs
Average Volume3.27 million shs
Market Capitalization$33.20 billion
P/E Ratio17.09
Dividend Yield3.65%
Beta0.77
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. Read More…

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$16.87 billion
Cash Flow$4.3632 per share
Book Value$12.24 per share

Profitability

Net Income$1.75 billion

Miscellaneous

Employees40,000
Market Cap$33.20 billion
Next Earnings Date9/17/2019 (Estimated)
OptionableOptionable

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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 Tuesday, June 25th. Investors of record on Wednesday, July 10th will be paid a dividend of $0.49 per share on Thursday, August 1st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.56%. The ex-dividend date is Tuesday, July 9th. View General Mills' Dividend History.

How will General Mills' stock buyback program work?

General Mills announced that its board has approved a stock buyback plan on Monday, February 26th 2018, which authorizes the company to repurchase shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its shares are undervalued.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) announced its quarterly earnings results on Wednesday, June, 26th. The company reported $0.83 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.76 by $0.07. The business had revenue of $4.16 billion for the quarter, compared to analysts' expectations of $4.24 billion. General Mills had a net margin of 10.39% and a return on equity of 27.67%. General Mills's revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $0.79 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 Tuesday, September 17th 2019. View Earnings Estimates for General Mills.

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

General Mills updated its FY 2020 earnings guidance on Wednesday, June, 26th. The company provided earnings per share guidance of $3.32-3.38 for the period, compared to the Thomson Reuters consensus estimate of $3.31. The company issued revenue guidance of $17.203-17.54 billion, compared to the consensus revenue estimate of $17.28 billion.

What price target have analysts set for GIS?

18 brokerages have issued 12-month price objectives for General Mills' shares. Their predictions range from $37.59 to $65.00. On average, they expect General Mills' share price to reach $52.6619 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for General Mills.

What is the consensus analysts' recommendation for General Mills?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 1 sell rating, 11 hold ratings, 5 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. 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)
  • 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?

News stories about GIS stock have trended negative on Saturday, InfoTrie Sentiment reports. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. General Mills earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for General Mills.

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).

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), General Electric (GE), Exxon Mobil (XOM), Procter & Gamble (PG), Intel (INTC), Pfizer (PFE), Chevron (CVX) and The Coca-Cola (KO).

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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.96%), Vanguard Group Inc. (7.84%), Invesco Ltd. (3.00%), Northern Trust Corp (1.25%), Bank of New York Mellon Corp (0.95%) and Renaissance Technologies LLC (0.88%). Company insiders that own General Mills stock include Bethany C Quam, 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 DekaBank Deutsche Girozentrale, Schroder Investment Management Group, Westwood Holdings Group Inc., Clark Capital Management Group Inc., AXA, Morgan Stanley, Gamco Investors INC. ET AL and Gabelli Funds LLC. 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, 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 BlackRock Inc., Nuveen Asset Management LLC, Iridian Asset Management LLC CT, Renaissance Technologies LLC, Vanguard Group Inc., Thoroughbred Financial Services LLC, Canada Pension Plan Investment Board and Balyasny Asset Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is General Mills' stock price today?

One share of GIS stock can currently be purchased for approximately $55.02.

How big of a company is General Mills?

General Mills has a market capitalization of $33.20 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?

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 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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  546 (Vote Outperform)
Underperform Votes:  772 (Vote Underperform)
Total Votes:  1,318
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 8/17/2019 by MarketBeat.com Staff

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