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

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$44.37 +0.10 (+0.23 %)
(As of 09/20/2018 04:00 PM ET)
Previous Close$44.27
Today's Range$44.16 - $44.58
52-Week Range$41.01 - $60.69
Volume6.02 million shs
Average Volume5.26 million shs
Market Capitalization$26.30 billion
P/E Ratio14.27
Dividend Yield4.44%
Beta0.74
General Mills logoGeneral 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

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

Debt

Debt-to-Equity Ratio1.93
Current Ratio0.58
Quick Ratio0.34

Price-To-Earnings

Trailing P/E Ratio14.27
Forward P/E Ratio14.55
P/E Growth1.7

Sales & Book Value

Annual Sales$15.74 billion
Price / Sales1.68
Cash Flow$4.1236 per share
Price / Cash10.76
Book Value$11.03 per share
Price / Book4.02

Profitability

EPS (Most Recent Fiscal Year)$3.11
Net Income$2.13 billion
Net Margins13.19%
Return on Equity31.84%
Return on Assets6.93%

Miscellaneous

Employees40,000
Outstanding Shares595,970,000
Market Cap$26.30 billion

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, June 26th. Shareholders of record on Tuesday, July 10th will be given a dividend of $0.49 per share on Wednesday, August 1st. This represents a $1.96 annualized dividend and a dividend yield of 4.42%. The ex-dividend date is Monday, July 9th. View General Mills' Dividend History.

How will General Mills' stock buyback program work?

General Mills declared that its board has approved a stock repurchase program on Monday, February 26th 2018, which permits the company to repurchase outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) announced its quarterly earnings data on Tuesday, September, 18th. The company reported $0.71 earnings per share for the quarter, topping analysts' consensus estimates of $0.64 by $0.07. The company had revenue of $4.09 billion for the quarter, compared to analyst estimates of $4.12 billion. General Mills had a net margin of 13.19% and a return on equity of 31.84%. The firm's revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.71 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, December, 19th 2018. View Earnings Estimates for General Mills.

What price target have analysts set for GIS?

20 brokers have issued 12 month price targets for General Mills' shares. Their forecasts range from $44.00 to $65.00. On average, they anticipate General Mills' stock price to reach $49.8125 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View Analyst Price Targets for General Mills.

What is the consensus analysts' recommendation for General Mills?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 1 sell rating, 15 hold ratings and 4 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. According to Zacks Investment Research, "General Mills, which has outpaced the industry in the past three months is on track to restructure its U.S. Yogurt category through fundamental innovation. Well, the company has been struggling with its U.S. Yogurt sales for the past few quarters. Also, General Mills remains committed toward reshaping its portfolio, evident from its buyout of Blue Buffalo. These factors along with strong e-commerce business and savings from HMM initiatives should continue to fuel the company that posted robust fourth-quarter fiscal 2018 results. Both top and bottom lines rose year over year and organic sales gained from net price realization and mix. In fiscal 2019, management expects net sales to rise 9-10%. However, the company is battling input cost inflation, which is likely to linger going forward. Evidently, the company expects input cost inflation of 5% in fiscal 2019, a point greater than the fiscal 2018 level." (9/6/2018)
  • 2. Jefferies Financial Group Inc analysts commented, "On a like-for-like basis (excl. $0.79 was 3c or 4% above our estimate and 8c or 11% above consensus. Profitability during the qtr was significantly better than expected, particularly at the gross profit level which was encouraging given recent inflationary pressures. FY19 guidance was set ~2% below consensus (at the midpoint), including a 4c or ~1% drag related to BUFF." (6/27/2018)

Are investors shorting General Mills?

General Mills saw a decline in short interest in the month of August. As of August 15th, there was short interest totalling 25,026,212 shares, a decline of 11.2% from the July 31st total of 28,179,918 shares. Based on an average daily trading volume, of 4,563,742 shares, the days-to-cover ratio is currently 5.5 days. Currently, 4.2% of the company's shares are short sold. View General Mills' Current Options Chain.

Who are some of General Mills' key competitors?

Some companies that are related to General Mills include Kellogg (K), Ingredion (INGR), Post (POST), 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 & Director (Age 51)
  • Mr. Donal Leo Mulligan, Chief Financial Officer (Age 57)
  • Mr. Richard C. Allendorf, Gen. Counsel & Sec. (Age 57)
  • Mr. John R. Church, Chief Supply Chain Officer & Global Bus. Solutions Officer (Age 52)
  • Mr. Jonathon J. Nudi, Group Pres of North America Retail (Age 48)

Has General Mills been receiving favorable news coverage?

News headlines about GIS stock have trended somewhat positive on Thursday, according to Accern Sentiment. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. General Mills earned a daily sentiment score of 0.18 on Accern's scale. They also assigned media coverage about the company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for General Mills.

Who are General Mills' major shareholders?

General Mills' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.18%), Massachusetts Financial Services Co. MA (3.99%), American International Group Inc. (1.61%), Northern Trust Corp (1.40%), Bank of New York Mellon Corp (1.29%) and Bank of New York Mellon Corp (1.28%). 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, Robert L Ryan 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 BlackRock Inc., American Century Companies Inc., Laurion Capital Management LP, Flossbach Von Storch AG, Hexavest Inc., Bank of Nova Scotia, Gamco Investors INC. ET AL and PNC Financial Services Group Inc.. Company insiders that have sold General Mills company stock in the last year include Bethany C Quam, Heidi Miller, Jacqueline Williams-Roll, Jonathon Nudi, Kofi A Bruce, Peter C Erickson and Shawn P Ogrady. View Insider Buying and Selling for General Mills.

Which major investors are buying General Mills stock?

GIS stock was purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Bank of Montreal Can, FMR LLC, Glenmede Trust Co. NA, OppenheimerFunds Inc., Cornerstone Wealth Management LLC, Canada Pension Plan Investment Board and Massachusetts Financial Services Co. MA. 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 $44.37.

How big of a company is General Mills?

General Mills has a market capitalization of $26.30 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.

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:  487 (Vote Outperform)
Underperform Votes:  700 (Vote Underperform)
Total Votes:  1,187
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 9/20/2018 by MarketBeat.com Staff

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