General Mills Company Profile (NYSE:GIS)

General Mills trades on the New York Stock Exchange (NYSE) under the ticker symbol "GIS."

General Mills announced a quarterly dividend on Tuesday, September 26th. Investors of record on Tuesday, October 10th will be paid a dividend of $0.49 per share on Wednesday, November 1st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date is Friday, October 6th. View General Mills' Dividend History.

General Mills, Inc. (NYSE:GIS) issued its earnings results on Wednesday, September, 20th. The company reported $0.71 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.76 by $0.05. The company had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.79 billion. General Mills had a net margin of 10.68% and a return on equity of 39.82%. The business's revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.78 earnings per share. View General Mills' Earnings History.

General Mills is scheduled to release their next quarterly earnings announcement on Monday, December, 18th 2017. View Earnings Estimates for General Mills.

General Mills updated its FY18 earnings guidance on Wednesday, September, 20th. The company provided earnings per share guidance of $3.12-3.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.10.

16 analysts have issued twelve-month price objectives for General Mills' shares. Their predictions range from $52.00 to $67.00. On average, they expect General Mills' stock price to reach $56.29 in the next year. View Analyst Ratings for General Mills.

Here are some recent quotes from research analysts about General Mills stock:

• 1. According to Zacks Investment Research, "General Mills' consumer-focused innovation, marketing initiatives and robust restructuring savings are making up for the sluggish revenue growth. The company is currently pursuing several initiatives focused on improving operational efficiency to generate cost savings and support its key growth strategies. By fiscal 2018, the company expects to achieve cost savings through increased efficiency, reduced complexity through SKU optimization, further supply chain optimization and continued expansion of zero-based budgeting across the business, which will result in accelerated margin expansion. However, General Mills' shares have underperformed the industry so far this year. Slowing organic volumes are overshadowing minor improvements in profit margins. Earnings estimates for the current quarter and the year have been revised downward by 3.5% and 0.6%, respectively, over the last 30 days, reflecting analyst concerns surrounding the stock." (10/17/2017)
• 2. Royal Bank Of Canada analysts commented, " We are maintaining our FY17e EPS (ending May) but trimming FY18e sales and EPS estimates. This reflects a combination of: 1) sluggish demand as a result of fresh food deflation; and 2) higher promotion spending to defend against recent private label encroachment. While the drag from fresh food deflation should ease by F2H18, we will be watching how effective'and expensive'the company's adjustments prove to be." (3/22/2017)

General Mills saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 26,454,021 shares, an increase of 8.4% from the September 15th total of 24,400,672 shares. Based on an average daily volume of 5,629,868 shares, the days-to-cover ratio is currently 4.7 days. Currently, 4.7% of the company's stock are sold short.

Some companies that are related to General Mills include Associated British Foods plc (ABF), Archer-Daniels-Midland Company (ADM), Hershey Company (The) (HSY), Kellogg Company (K), Conagra Brands (CAG), Campbell Soup Company (CPB), McCormick & Company, Incorporated (MKC), Bunge Limited (BG), Ingredion Incorporated (INGR), Darling Ingredients (DAR), B&G Foods (BGS), Central Garden & Pet Company (CENT), Cranswick plc (CWK), Greencore Group plc (GNC), MGP Ingredients (MGPI), Dean Foods Company (DF), SunOpta (STKL) and Hilton Food Group plc (HFG).

General Mills' management team includes the folowing people:

• Kendall J. Powell, Chairman of the Board
• Jeffrey L. Harmening, Chief Executive Officer, Director
• Donal Leo Mulligan, Chief Financial Officer, Executive Vice President
• Jon J. Nudi, Group President - North America Retail
• Bethany C. Quam, Group President - Europe & Australia
• Jacqueline R. Williams-Roll, Chief Human Resource Officer, Senior Vice President
• John R. Church, Executive Vice President - Supply Chain and Global Business Solutions and Chief Supply Chain Officer
• Peter C. Erickson, Executive Vice President - Innovation, Technology and Quality
• Richard C. Allendorf, Senior Vice President, General Counsel, Secretary
• Christina Law, Senior Vice President, Group President - Asia & Latin America

General Mills' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Park National Corp OH (0.04%), Pensionfund DSM Netherlands (0.01%), Pensionfund Sabic (0.01%) and Curbstone Financial Management Corp (0.00%). Company insiders that own General Mills stock include Donal L Mulligan, Dorothy A Terrell, Jeffrey L Harmening, Jerald A Young, John R Church, Jonathon Nudi, Kimberly A Nelson, Michael D Rose, Paul Danos, Peter C Erickson and Robert L Ryan. View Institutional Ownership Trends for General Mills.

General Mills' stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH. View Insider Buying and Selling for General Mills.

General Mills' stock was acquired by a variety of institutional investors in the last quarter, including Pensionfund DSM Netherlands, Pensionfund Sabic and Curbstone Financial Management Corp. View Insider Buying and Selling for General Mills.

Shares of General Mills can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of General Mills stock can currently be purchased for approximately $52.03.