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

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$44.18 -0.05 (-0.11 %)
(As of 11/21/2018 02:52 AM ET)
Previous Close$44.23
Today's Range$43.98 - $45.10
52-Week Range$41.01 - $60.69
Volume3.72 million shs
Average Volume5.14 million shs
Market Capitalization$26.34 billion
P/E Ratio14.21
Dividend Yield4.44%
Beta0.6
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

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

Debt

Debt-to-Equity Ratio1.93
Current Ratio0.58
Quick Ratio0.35

Price-To-Earnings

Trailing P/E Ratio14.21
Forward P/E Ratio14.39
P/E Growth1.86

Sales & Book Value

Annual Sales$15.74 billion
Price / Sales1.67
Cash Flow$4.1021 per share
Price / Cash10.77
Book Value$10.94 per share
Price / Book4.04

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 Shares596,230,000
Market Cap$26.34 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, November 6th. Investors of record on Thursday, January 10th will be paid a dividend of $0.49 per share on Friday, February 1st. This represents a $1.96 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend is Wednesday, January 9th. View General Mills' Dividend History.

How will General Mills' stock buyback program work?

General Mills announced that its Board of Directors has approved a stock repurchase program on Monday, February 26th 2018, which allows the company to buyback outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically a sign that the company's management 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 (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.07. The company earned $4.09 billion during the quarter, compared to analyst estimates of $4.12 billion. General Mills had a return on equity of 31.84% and a net margin of 13.19%. The business's revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.71 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, December 19th 2018. View Earnings Estimates for General Mills.

What price target have analysts set for GIS?

20 Wall Street analysts have issued 12 month price targets for General Mills' shares. Their forecasts range from $44.00 to $65.00. On average, they expect General Mills' share price to reach $49.8125 in the next twelve months. This suggests a possible upside of 12.7% 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)

Has General Mills been receiving favorable news coverage?

Media headlines about GIS stock have trended somewhat negative recently, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. General Mills earned a news impact score of -1.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat 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), 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)

Who are General Mills' major shareholders?

General Mills' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.69%), Massachusetts Financial Services Co. MA (3.82%), American International Group Inc. (1.55%), Capital World Investors (1.32%), Bank of New York Mellon Corp (1.15%) and Morgan Stanley (0.95%). 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 institutional investors are selling General Mills stock?

GIS stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, BlackRock Inc., American Century Companies Inc., Massachusetts Financial Services Co. MA, Bank of New York Mellon Corp, Mitsubishi UFJ Trust & Banking Corp, Flossbach Von Storch AG and JPMorgan Chase & Co.. 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 institutional investors are buying General Mills stock?

GIS stock was acquired by a variety of institutional investors in the last quarter, including Hamlin Capital Management LLC, Macquarie Group Ltd., Retirement Systems of Alabama, Capital World Investors, First Trust Advisors LP, FMR LLC, Dimensional Fund Advisors LP and Morgan Stanley. 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 $44.18.

How big of a company is General Mills?

General Mills has a market capitalization of $26.34 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:  497 (Vote Outperform)
Underperform Votes:  714 (Vote Underperform)
Total Votes:  1,211
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 11/21/2018 by MarketBeat.com Staff

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