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

$53.31
+0.32 (+0.60 %)
(As of 02/16/2020 04:00 PM ET)
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Today's Range
$53.05
Now: $53.31
$53.77
50-Day Range
$51.71
MA: $52.89
$54.24
52-Week Range
$44.13
Now: $53.31
$56.40
Volume2.53 million shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio15.32
Dividend YieldN/A
BetaN/A
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 N/A
Sub-IndustryPackaged Foods & Meats
SectorN/A
CUSIP37033410
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees40,000
Next Earnings Date3/18/2020 (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 declared a quarterly dividend on Monday, January 27th. Shareholders of record on Friday, April 10th will be given a dividend of $0.49 per share on Friday, May 1st. This represents a $1.96 dividend on an annualized basis and a yield of 3.68%. The ex-dividend date is Wednesday, April 8th. View General Mills' Dividend History.

How will General Mills' stock buyback program work?

General Mills declared that its Board of Directors has authorized a share buyback program on Monday, February 26th 2018, which permits the company to repurchase 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 a sign that the company's board of directors believes its shares are undervalued.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) issued its quarterly earnings data on Wednesday, December, 18th. The company reported $0.95 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.88 by $0.07. The business had revenue of $4.42 billion for the quarter, compared to analysts' expectations of $4.43 billion. General Mills's revenue was up .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.85 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, March 18th 2020. View Earnings Estimates for General Mills.

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

General Mills updated its FY 2020 Pre-Market earnings guidance on Wednesday, December, 18th. The company provided EPS guidance of 3.32-3.38 for the period, compared to the Thomson Reuters consensus estimate of $3.36. The company issued revenue guidance of $17.034-17.034 billion, compared to the consensus revenue estimate of $17.22 billion.

What price target have analysts set for GIS?

19 Wall Street analysts have issued 12-month price targets for General Mills' shares. Their forecasts range from $41.00 to $65.00. On average, they expect General Mills' stock price to reach $55.47 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for General Mills.

What is the consensus analysts' recommendation for General Mills?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 1 sell rating, 13 hold ratings, 4 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. According to Zacks Investment Research, "General Mills, which has outpaced the industry in the past six months, is steadily gaining from buyouts, especially Blue Buffalo. The acquisition drove fourth-quarter fiscal 2019 performance, with the top and the bottom line improving year over year. Revenues gained from acquisitions and earnings were fueled by higher adjusted operating profit. Management also provided optimistic view for 2020. Further, the company is on track with savings efforts like Holistic Margin Management program and initiatives to enhance efficiency. It is on track with Consumer First strategy and key global growth strategies to consistently drive sales. On the flip side, input cost inflation is weighing on the company’s margins. This along with weakness in the U.S. Snacks unit and headwinds in Europe & Australia regions is a concern." (8/22/2019)
  • 2. 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)

Has General Mills been receiving favorable news coverage?

News articles about GIS stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. General Mills earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for General Mills.

Who are some of General Mills' key competitors?

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), Pfizer (PFE), Exxon Mobil (XOM), Intel (INTC), Procter & Gamble (PG), Cisco Systems (CSCO) and AbbVie (ABBV).

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 retail and institutional investors. Top institutional investors include State Street Corp (6.01%), American International Group Inc. (0.93%), Bank of New York Mellon Corp (0.88%), Jensen Investment Management Inc. (0.85%), Charles Schwab Investment Management Inc. (0.85%) and Renaissance Technologies LLC (0.77%). Company insiders that own General Mills stock include 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 institutional investors are selling General Mills stock?

GIS stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, American International Group Inc., AJO LP, Renaissance Technologies LLC, PGGM Investments, Van ECK Associates Corp, First Trust Advisors LP and Bank of New York Mellon Corp. 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, Jonathon Nudi, Kofi A Bruce, R Kerry Clark and Shawn P Ogrady. View Insider Buying and Selling for General Mills.

Which institutional investors are buying General Mills stock?

GIS stock was bought by a variety of institutional investors in the last quarter, including Stifel Financial Corp, State Street Corp, Jensen Investment Management Inc., State of Michigan Retirement System, Captrust Financial Advisors, Public Sector Pension Investment Board, MUFG Securities EMEA plc and UBS Asset Management Americas Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is General Mills' stock price today?

One share of GIS stock can currently be purchased for approximately $53.31.


MarketBeat Community Rating for General Mills (NYSE GIS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  588 (Vote Outperform)
Underperform Votes:  822 (Vote Underperform)
Total Votes:  1,410
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 2/16/2020 by MarketBeat.com Staff

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