NYSE:GIS

General Mills - GIS Stock Forecast, Price & News

$82.84

-0.09 (-0.11%)

(As of 11/29/2022 12:00 AM ET)

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Today's Range: $82.43
▼
$83.40
50-Day Range: $74.97
▼
$82.97
52-Week Range: $61.41
▼
$83.79

Volume: 2.84 million shs
Average Volume: 3.77 million shs
Market Capitalization: $49.17 billion

P/E Ratio: 17.44
Dividend Yield: 2.60%
Price Target: $78.20

General Mills MarketRank™ Forecast

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 5.6% Downside
$78.20 Price Target
Short Interest: Healthy
2.54% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.28
Upright™ Environmental Score
News Sentiment: 0.59
Based on 14 Articles This Week
Insider Trading: Selling Shares
$11.94 M Sold Last Quarter
Proj. Earnings Growth: 6.60%
From $4.09 to $4.36 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Consumer Staples Sector

40th out of 144 stocks

Grain Mill Products Industry

1st out of 5 stocks

2.1

Analyst's Opinion

Consensus Rating
General Mills has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 5 buy ratings, 8 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $78.20, General Mills has a forecasted downside of 5.6% from its current price of $82.84.
Amount of Analyst Coverage
General Mills has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.54% of the float of General Mills has been sold short.
Short Interest Ratio / Days to Cover
General Mills has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in General Mills has recently increased by 12.69%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
General Mills pays a meaningful dividend of 2.60%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
General Mills has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of General Mills is 45.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, General Mills will have a dividend payout ratio of 49.54% next year. This indicates that General Mills will be able to sustain or increase its dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
General Mills has received a 16.07% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Pasta", "Ready meals", and "Yoghurt" products. See details.
Environmental Sustainability
The Environmental Impact score for General Mills is -3.28.

2.6

News and Social Media Coverage

News Sentiment
General Mills has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for General Mills this week, compared to 10 articles on an average week.
Social Mentions This Week
MarketBeat has tracked 3 reddit mentions for General Mills this week, compared to 0 mentions on an average week.
Search Interest
Only 30 people have searched for GIS on MarketBeat in the last 30 days. This is a decrease of -19% compared to the previous 30 days.
MarketBeat Follows
22 people have added General Mills to their MarketBeat watchlist in the last 30 days. This is an increase of 57% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, General Mills insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,937,916.00 in company stock.
Percentage Held by Insiders
Only 0.67% of the stock of General Mills is held by insiders.
Percentage Held by Institutions
75.48% of the stock of General Mills is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for General Mills are expected to grow by 6.60% in the coming year, from $4.09 to $4.36 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of General Mills is 17.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.45.
Price to Earnings Ratio vs. Sector
The P/E ratio of General Mills is 17.44, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.09.
Price to Earnings Growth Ratio
General Mills has a PEG Ratio of 2.70. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
General Mills has a P/B Ratio of 4.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About General Mills (NYSE:GIS) Stock

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, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. 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, 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, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait trademarks. It 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. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.

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GIS Stock News Headlines

November 1, 2022 | marketbeat.com

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