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NYSE:GISGeneral Mills Stock Price, Forecast & News

$61.48
+1.05 (+1.74 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
$60.85
Now: $61.48
$62.07
50-Day Range
$59.21
MA: $61.24
$63.54
52-Week Range
$46.59
Now: $61.48
$64.31
Volume5.71 million shs
Average Volume5.06 million shs
Market Capitalization$37.27 billion
P/E Ratio17.27
Dividend Yield3.19%
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.1Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.14 out of 5 stars


Industry, Sector and Symbol

Industry Grain mill products
Sub-IndustryPackaged Foods & Meats
CUSIP37033410
Phone763-764-7600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$17.63 billion
Cash Flow$4.62 per share
Book Value$13.77 per share

Profitability

Net Income$1.75 billion

Miscellaneous

Employees40,000
Market Cap$37.27 billion
Next Earnings Date9/16/2020 (Estimated)
OptionableOptionable

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General Mills (NYSE:GIS) Frequently Asked Questions

How has General Mills' stock been impacted by COVID-19 (Coronavirus)?

General Mills' stock was trading at $52.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GIS stock has increased by 16.3% and is now trading at $61.48. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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, 10 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for General Mills.

When is General Mills' next earnings date?

General Mills is scheduled to release its next quarterly earnings announcement on Wednesday, September 16th 2020. View our earnings forecast for General Mills.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) posted its quarterly earnings results on Wednesday, July, 1st. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $1.06 by $0.04. The firm earned $5.02 billion during the quarter, compared to analysts' expectations of $4.98 billion. General Mills had a net margin of 12.37% and a return on equity of 27.66%. The company's revenue for the quarter was up 20.7% compared to the same quarter last year. During the same period last year, the company posted $0.83 EPS. View General Mills' earnings history.

How often does General Mills pay dividends? What is the dividend yield for General Mills?

General Mills declared a quarterly dividend on Tuesday, June 30th. Stockholders of record on Friday, July 10th will be paid a dividend of $0.49 per share on Monday, August 3rd. This represents a $1.96 annualized dividend and a dividend yield of 3.19%. The ex-dividend date is Thursday, July 9th. View General Mills' dividend history.

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

General Mills updated its FY 2020 IntraDay earnings guidance on Monday, May, 11th. The company provided EPS guidance of 3.41-3.48 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.48.

What price target have analysts set for GIS?

18 brokerages have issued 1-year price objectives for General Mills' stock. Their forecasts range from $50.00 to $71.00. On average, they expect General Mills' stock price to reach $61.24 in the next year. This suggests that the stock has a possible downside of 0.4%. View analysts' price targets for General Mills.

Has General Mills been receiving favorable news coverage?

Press coverage about GIS stock has trended negative on Sunday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. General Mills earned a media sentiment score of -2.2 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View the latest news about 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), Pfizer (PFE), Intel (INTC), Exxon Mobil (XOM), Procter & Gamble (PG), General Electric (GE), AbbVie (ABBV) and Cisco Systems (CSCO).

Who are General Mills' key executives?

General Mills' management team includes the following 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)

What is General Mills' stock symbol?

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

Who are General Mills' major shareholders?

General Mills' stock is owned by many different institutional and retail investors. Top institutional shareholders include Gantzert Investment Co. LLC ADV (0.01%), M&R Capital Management Inc. (0.00%), Thomasville National Bank (0.00%), Park National Corp OH (0.00%), First Financial Bank Trust Division (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own General Mills stock include Bethany C Quam, Donal L Mulligan, Heidi Miller, Jacqueline Williams-Roll, Jodi J Benson, John R Church, Jonathon Nudi, Kofi A Bruce, Maria Sastre, Peter C Erickson, R Kerry Clark, Sean N Walker 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 Thomasville National Bank, M&R Capital Management Inc., Nelson Van Denburg & Campbell Wealth Management Group LLC, First Financial Bank Trust Division, and Park National Corp OH. Company insiders that have sold General Mills company stock in the last year include Bethany C Quam, Jodi J Benson, Jonathon Nudi, Kofi A Bruce, R Kerry Clark, Sean N Walker, and Shawn P Ogrady. View insider buying and selling activity for General Mills.

Which major investors are buying General Mills stock?

GIS stock was bought by a variety of institutional investors in the last quarter, including Gantzert Investment Co. LLC ADV. View insider buying and selling activity 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 $61.48.

How big of a company is General Mills?

General Mills has a market capitalization of $37.27 billion and generates $17.63 billion in revenue each year. The company earns $1.75 billion in net income (profit) each year or $3.61 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 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]

This page was last updated on 7/5/2020 by MarketBeat.com Staff

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