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NYSE:GIS

General Mills Stock Forecast, Price & News

$59.67
+0.97 (+1.65 %)
(As of 09/25/2020 12:00 AM ET)
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Today's Range
$59.29
Now: $59.67
$60.28
50-Day Range
$57.32
MA: $61.91
$65.74
52-Week Range
$46.59
Now: $59.67
$66.14
Volume5.86 million shs
Average Volume4.27 million shs
Market Capitalization$36.45 billion
P/E Ratio16.76
Dividend Yield3.34%
Beta0.59
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: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.94 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$4.66 per share
Book Value$13.69 per share

Profitability

Net Income$2.18 billion

Miscellaneous

Employees35,000
Market Cap$36.45 billion
Next Earnings Date12/16/2020 (Estimated)
OptionableOptionable
$59.67
+0.97 (+1.65 %)
(As of 09/25/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GIS shares have increased by 12.9% and is now trading at $59.67.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of General Mills?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 1 sell rating, 8 hold ratings and 8 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, December 16th 2020.
View our earnings forecast for General Mills
.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) issued its quarterly earnings data on Wednesday, September, 23rd. The company reported $1.00 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.87 by $0.13. The company earned $4.36 billion during the quarter, compared to analysts' expectations of $4.21 billion. General Mills had a return on equity of 27.66% and a net margin of 12.37%. The company's revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the business earned $0.79 earnings per share.
View General Mills' earnings history
.

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

General Mills announced a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Friday, October 9th will be given a dividend of $0.51 per share on Monday, November 2nd. This represents a $2.04 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date is Thursday, October 8th. This is a boost from General Mills's previous quarterly dividend of $0.49.
View General Mills' dividend history
.

What price target have analysts set for GIS?

17 Wall Street analysts have issued twelve-month price targets for General Mills' stock. Their forecasts range from $50.00 to $73.00. On average, they anticipate General Mills' share price to reach $63.47 in the next year. This suggests a possible upside of 6.4% from the stock's current price.
View analysts' price targets for General Mills
.

Has General Mills been receiving favorable news coverage?

Media headlines about GIS stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. 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 1.6 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.
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), Procter & Gamble (PG), Cisco Systems (CSCO), Exxon Mobil (XOM), Walt Disney (DIS) and General Electric (GE).

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 investors include Vanguard Group Inc. (8.15%), BlackRock Inc. (7.52%), Charles Schwab Investment Management Inc. (1.07%), Bank of New York Mellon Corp (0.90%), Bank of America Corp DE (0.78%) and California Public Employees Retirement System (0.74%). 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, R Kerry Clark, Richard C Allendorf, Sean N Walker 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 BlackRock Inc., Charles Schwab Investment Management Inc., FMR LLC, Bank of America Corp DE, State of Michigan Retirement System, SG Americas Securities LLC, Macquarie Group Ltd., and UBS Group AG. Company insiders that have sold General Mills company stock in the last year include Bethany C Quam, Jodi J Benson, Jonathon Nudi, R Kerry Clark, Richard C Allendorf, Sean N Walker, and Shawn P Ogrady.
View insider buying and selling activity 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 Nordea Investment Management AB, Robeco Institutional Asset Management B.V., Two Sigma Advisers LP, Nuveen Asset Management LLC, Prudential PLC, Retirement Systems of Alabama, Raymond James Financial Services Advisors Inc., and State of Tennessee Treasury Department.
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 $59.67.

How big of a company is General Mills?

General Mills has a market capitalization of $36.45 billion and generates $17.63 billion in revenue each year. The company earns $2.18 billion in net income (profit) each year or $3.61 on an earnings per share basis. General Mills employs 35,000 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 9/26/2020 by MarketBeat.com Staff

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