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.
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Industry, Sector and Symbol
Industry Grain mill products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Phone763-764-7600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$16.87 billion
Profitability
Miscellaneous
Employees40,000
Next Earnings Date3/18/2020 (Estimated)
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 announced a quarterly dividend on Monday, January 27th. Stockholders 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 annualized dividend and a dividend 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 announced that its Board of Directors has initiated a stock buyback plan 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. Stock buyback plans are often an indication that the company's board of directors believes its stock is undervalued.
How were General Mills' earnings last quarter?
General Mills, Inc. (NYSE:GIS) announced its quarterly earnings results on Wednesday, December, 18th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.88 by $0.07. The business had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $4.43 billion. General Mills had a return on equity of 27.33% and a net margin of 12.62%. General Mills's revenue was up .2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.85 earnings per share. View General Mills' Earnings History.
When is General Mills' next earnings date?
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 earnings per share guidance of 3.32-3.38 for the period, compared to the Thomson Reuters consensus EPS 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 brokerages have issued 12 month price objectives for General Mills' stock. Their forecasts range from $41.00 to $65.00. On average, they anticipate General Mills' share price to reach $55.47 in the next year. 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 stories about GIS stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. General Mills earned a news impact score of 1.8 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect 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 Mondelez International (MDLZ), Hershey (HSY), Tyson Foods (TSN), Hormel Foods (HRL), Kellogg (K), MCCORMICK & CO /SH (MKC), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Seaboard (SEB), Lancaster Colony (LANC) and J & J Snack Foods (JJSF).
What other stocks do shareholders of General Mills own?
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 shareholders 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 acquired 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.
How big of a company is General Mills?
General Mills has a market capitalization of $32.24 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?
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)
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.
