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NYSE:GIS

General Mills - GIS Stock Forecast, Price & News

$76.66
-1.33 (-1.71%)
(As of 02/2/2023 10:15 AM ET)
Add
Compare
Today's Range
$75.72
$77.00
50-Day Range
$76.80
$87.55
52-Week Range
$61.67
$88.34
Volume
957,370 shs
Average Volume
3.45 million shs
Market Capitalization
$45.20 billion
P/E Ratio
16.00
Dividend Yield
2.76%
Price Target
$82.79

General Mills MarketRank™ Forecast

Analyst Rating
Hold
2.21 Rating Score
Upside/​Downside
5.5% Upside
$82.27 Price Target
Short Interest
Healthy
2.58% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.28
Upright™ Environmental Score
News Sentiment
0.65mentions of General Mills in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$7.63 M Sold Last Quarter
Proj. Earnings Growth
5.34%
From $4.12 to $4.34 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Consumer Staples Sector

49th out of 140 stocks

Grain Mill Products Industry

2nd out of 5 stocks


GIS stock logo

About General Mills (NYSE:GIS) Stock

General Mills, Inc. engages in the manufacture and marketing of branded consumer foods sold through retail stores. The firm operates through the following segments: North America Retail, Europe & Australia, Convenience Stores & Foodservice, Pet, and Asia & Latin America. The North America Retail segment includes grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains and e-commerce grocery providers. The Europe & Australia segment refers to the retail and foodservice businesses in the greater Europe and Australian region, which includes yogurt, meal kits, super-premium ice cream, refrigerated and frozen dough products, shelf stable vegetables, grain snacks and dessert and baking mixes. The Convenience Stores & Foodservice segment consists of ready-to-eat cereals, snacks, refrigerated yogurt, frozen meals, unbaked and fully baked frozen dough products, and baking mixes. The Pet segment represents the pet food products sold in the United States in specialty channels, including national pet superstore chains, regional pet store chains, neighborhood pet stores and farm and feed stores, e-commerce retailers, military outlets, hardware

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GIS Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
9 Analysts Have This to Say About General Mills
General Mills taps The Office stars for Cheerios campaign
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
General Mills, Inc. Plans Quarterly Dividend of $0.54 (NYSE:GIS)
General Mills (NYSE:GIS) Upgraded to "Buy" by UBS Group
General Mills Needs Volume Growth
GIS General Mills, Inc.
General Mills Inc. News
General Mills (NYSE: GIS)
See More Headlines
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GIS Company Calendar

Last Earnings
12/20/2022
Ex-Dividend for 2/1 Dividend
1/09/2023
Dividend Payable
2/01/2023
Today
2/02/2023
Next Earnings (Estimated)
3/22/2023
Fiscal Year End
5/31/2023

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Packaged Foods & Meats
CUSIP
37033410
Employees
32,500
Year Founded
1928

Price Target and Rating

Average Stock Price Forecast
$82.27
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$64.00
Forecasted Upside/Downside
+8.0%
Consensus Rating
Hold
Rating Score (0-4)
2.21
Research Coverage
15 Analysts

Profitability

Net Income
$2.71 billion
Pretax Margin
17.79%

Debt

Sales & Book Value

Annual Sales
$18.99 billion
Cash Flow
$4.89 per share
Book Value
$17.59 per share

Miscellaneous

Free Float
585,661,000
Market Cap
$45.20 billion
Optionable
Optionable
Beta
0.32

Social Links


Key Executives

  • Jeff HarmeningJeff Harmening
    Chairman & Chief Executive Officer
  • Kofi A. Bruce
    Chief Financial Officer
  • Jodi J. BensonJodi J. Benson
    Chief Innovation, Technology & Quality Officer
  • Jaime Montemayor
    Chief Technology & Digital Officer
  • Mark A. PallotMark A. Pallot
    Chief Accounting Officer & Vice President













GIS Stock - Frequently Asked Questions

Should I buy or sell General Mills stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 2 sell ratings, 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GIS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GIS, but not buy additional shares or sell existing shares.
View GIS analyst ratings
or view top-rated stocks.

What is General Mills' stock price forecast for 2023?

15 Wall Street research analysts have issued twelve-month price targets for General Mills' shares. Their GIS share price forecasts range from $64.00 to $95.00. On average, they anticipate the company's stock price to reach $82.27 in the next year. This suggests a possible upside of 5.5% from the stock's current price.
View analysts price targets for GIS
or view top-rated stocks among Wall Street analysts.

How have GIS shares performed in 2023?

General Mills' stock was trading at $83.85 on January 1st, 2023. Since then, GIS stock has decreased by 7.0% and is now trading at $77.99.
View the best growth stocks for 2023 here
.

Are investors shorting General Mills?

General Mills saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 16,070,000 shares, a decrease of 7.5% from the December 15th total of 17,370,000 shares. Based on an average daily volume of 3,670,000 shares, the days-to-cover ratio is currently 4.4 days. Approximately 2.7% of the shares of the company are sold short.
View General Mills' Short Interest
.

When is General Mills' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 22nd 2023.
View our GIS earnings forecast
.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) announced its quarterly earnings data on Tuesday, December, 20th. The company reported $1.10 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.04. The firm earned $5.22 billion during the quarter, compared to the consensus estimate of $5.15 billion. General Mills had a trailing twelve-month return on equity of 24.09% and a net margin of 15.02%.

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

General Mills announced a quarterly dividend on Monday, January 30th. Investors of record on Monday, April 10th will be paid a dividend of $0.54 per share on Monday, May 1st. This represents a $2.16 annualized dividend and a yield of 2.77%. The ex-dividend date of this dividend is Thursday, April 6th.
Read our dividend analysis for GIS
.

Is General Mills a good dividend stock?

General Mills (NYSE:GIS) pays an annual dividend of $2.16 per share and currently has a dividend yield of 2.76%. The dividend payout ratio is 45.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIS will have a dividend payout ratio of 49.77% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIS.

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

General Mills issued an update on its FY 2023 earnings guidance on Tuesday, December, 20th. The company provided earnings per share guidance of $4.10-$4.18 for the period, compared to the consensus EPS estimate of $4.11. The company issued revenue guidance of -.

What is Jeff Harmening's approval rating as General Mills' CEO?

372 employees have rated General Mills Chief Executive Officer Jeff Harmening on Glassdoor.com. Jeff Harmening has an approval rating of 95% among the company's employees. This puts Jeff Harmening in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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), Procter & Gamble (PG), Cisco Systems (CSCO), Exxon Mobil (XOM), Walt Disney (DIS) and AbbVie (ABBV).

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 investors include Sumitomo Mitsui Trust Holdings Inc. (0.36%), Lion Street Advisors LLC (0.26%), Bank of Montreal Can (0.25%), DekaBank Deutsche Girozentrale (0.20%), New York State Common Retirement Fund (0.20%) and Allspring Global Investments Holdings LLC (0.13%). Insiders that own company stock include Bethany C Quam, Dana M Mcnabb, Jacqueline Williams-Roll, Jeffrey L Harmening, Jodi J Benson, John R Church, Jonathon Nudi, Mark A Pallot, R Kerry Clark, Richard C Allendorf, Sean N Walker and Shawn P Ogrady.
View institutional ownership trends
.

How do I buy shares of General Mills?

Shares of GIS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is General Mills' stock price today?

One share of GIS stock can currently be purchased for approximately $77.99.

How much money does General Mills make?

General Mills (NYSE:GIS) has a market capitalization of $45.98 billion and generates $18.99 billion in revenue each year. The company earns $2.71 billion in net income (profit) each year or $4.79 on an earnings per share basis.

How many employees does General Mills have?

The company employs 32,500 workers across the globe.

Does General Mills have any subsidiaries?
The following companies are subsidiares of General Mills: Annie’s, Annie’s, Blue Buffalo, Blue Buffalo Company Ltd., Blue Buffalo Pet Products, C.P.D. Cereal Partners Deutschland Gmbh & Co. Ohg, C.P.W. Hellas Breakfast Cereals Societe Anonyme, C.P.W. Mexico S. De R.L. De C.V., CEREAL PARTNERS ESPANA A.E.I.E., CEREAL PARTNERS U.K., CP MIDDLE EAST FZCO, CPW HONG KONG LIMITED, CPW NEW ZEALAND, Carolina Administracao e Participacoes Societarias Ltda., Carolina Laticínios, Cereal Associados Portugal A.E.I.E., Cereal Partners (Malaysia) Sdn. Bhd., Cereal Partners Australia Pty Limited, Cereal Partners France Snc, Cereal Partners Gida Ticaret Limited Sirketi, Cereal Partners Mexico S.A. De C.V., Cereal Partners Poland Torun-Pacific Sp. Z.O.O., Cereal Partners Rus Llc, Cereales C.P.W. Chile Limitada (Srl), Cpw Ama Dwc—Llc, Cpw Brasil Ltda., Cpw Operations S.A.R.L., Cpw Philippines Inc., Cpw S.A., Cpw Singapore (Pte.) Ltd., EPIC Provisions, Food Should Taste Good, General Mills Capital Inc., General Mills Finance Inc., General Mills Holding B.V., General Mills Holding K (Netherlands) B.V., General Mills Maarssen Holding Inc., General Mills Marketing Inc., General Mills Operations Llc, Gm Cereals Holdings Inc., Gm Cereals Manager Inc., Haagen-Dazs Japan Inc., Haagen-Dazs Korea Co. Ltd., Haagen-Dazs Nederland B.V., Humm Foods, Humm Foods, Parampara Food Products, Saxby Bros, The Pillsbury Company, The Pillsbury Company Llc, Tyson Foods, Yoki Alimentos, Yoplait, and Yoplait.
Read More
How can I contact General Mills?

General Mills' mailing address is NUMBER ONE GENERAL MILLS BOULEVARD, MINNEAPOLIS MN, 55440. The official website for the company is www.generalmills.com. The company can be reached via phone at (763) 764-7600, via email at media.line@genmills.com, or via fax at 763-764-8330.

This page (NYSE:GIS) was last updated on 2/2/2023 by MarketBeat.com Staff