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

$53.97
-0.12 (-0.22 %)
(As of 09/16/2019 04:55 AM ET)
Today's Range
$53.74
Now: $53.97
$54.58
50-Day Range
$51.9350
MA: $54.00
$56.25
52-Week Range
$36.42
Now: $53.97
$56.40
Volume2.83 million shs
Average Volume3.48 million shs
Market Capitalization$32.57 billion
P/E Ratio16.76
Dividend Yield3.62%
Beta0.74
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 Grain mill products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
CUSIP37033410
Phone763-764-7600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.87 billion
Cash Flow$4.2530 per share
Book Value$12.24 per share

Profitability

Net Income$1.75 billion

Miscellaneous

Employees40,000
Market Cap$32.57 billion
Next Earnings Date9/18/2019 (Confirmed)
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 Tuesday, June 25th. Investors of record on Wednesday, July 10th will be given a dividend of $0.49 per share on Thursday, August 1st. This represents a $1.96 annualized dividend and a dividend yield of 3.63%. The ex-dividend date of this dividend is Tuesday, July 9th. View General Mills' Dividend History.

How will General Mills' stock buyback program work?

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

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) announced its quarterly earnings data on Wednesday, June, 26th. The company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.07. The firm earned $4.16 billion during the quarter, compared to analyst estimates of $4.24 billion. General Mills had a net margin of 10.39% and a return on equity of 27.67%. The business's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.79 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, September 18th 2019. View Earnings Estimates for General Mills.

How can I listen to General Mills' earnings call?

General Mills will be holding an earnings conference call on Wednesday, September 18th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

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

General Mills updated its FY 2020 earnings guidance on Wednesday, June, 26th. The company provided EPS guidance of $3.32-3.38 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.31. The company issued revenue guidance of $17.203-17.54 billion, compared to the consensus revenue estimate of $17.28 billion.

What price target have analysts set for GIS?

18 Wall Street analysts have issued twelve-month target prices for General Mills' stock. Their forecasts range from $37.59 to $65.00. On average, they expect General Mills' share price to reach $52.9119 in the next year. This suggests that the stock has a possible downside of 2.0%. View Analyst Price Targets for General Mills.

What is the consensus analysts' recommendation for General Mills?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 1 sell rating, 11 hold ratings, 5 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?

Press coverage about GIS stock has trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. General Mills earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for General Mills.

Who are some of General Mills' key competitors?

Some companies that are related to General Mills include Kellogg (K), Post (POST), Ingredion (INGR), Freshpet (FRPT), RiceBran Technologies (RIBT) and Z-Trim (FBER).

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), Exxon Mobil (XOM), Procter & Gamble (PG), Intel (INTC), Pfizer (PFE), The Coca-Cola (KO) and Mcdonald's (MCD).

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 a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.96%), BlackRock Inc. (7.94%), Vanguard Group Inc. (7.84%), Invesco Ltd. (3.00%), American International Group Inc. (1.43%) and Northern Trust Corp (1.25%). Company insiders that own General Mills stock include Bethany C Quam, 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 major investors are selling General Mills stock?

GIS stock was sold by a variety of institutional investors in the last quarter, including DekaBank Deutsche Girozentrale, American International Group Inc., Schroder Investment Management Group, Westwood Holdings Group Inc., Clark Capital Management Group Inc., AXA, Morgan Stanley and Gamco Investors INC. ET AL. 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, R Kerry Clark and Shawn P Ogrady. View Insider Buying and Selling for General Mills.

Which major investors are buying General Mills stock?

GIS stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Nuveen Asset Management LLC, Iridian Asset Management LLC CT, Renaissance Technologies LLC, Vanguard Group Inc., Thoroughbred Financial Services LLC and Canada Pension Plan Investment Board. 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 $53.97.

How big of a company is General Mills?

General Mills has a market capitalization of $32.57 billion and generates $16.87 billion in revenue each year. The company earns $1.75 billion in net income (profit) each year or $3.22 on an earnings per share basis. General Mills employs 40,000 workers across the globe.View Additional Information About General Mills.

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 BOULEVARD, 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:  550 (Vote Outperform)
Underperform Votes:  776 (Vote Underperform)
Total Votes:  1,326
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 9/16/2019 by MarketBeat.com Staff

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