General Mills Stock Forecast, Price & News

General Mills (NYSE:GIS) Frequently Asked Questions

Is General Mills a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last twelve months. There are currently 1 sell rating, 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" General Mills stock. 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 analyst ratings for General Mills or view top-rated stocks.

How has General Mills' stock price 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 (WHO). Since then, GIS stock has increased by 30.6% and is now trading at $69.03.
View which stocks have been most impacted by COVID-19.

When is General Mills' next earnings date?

General Mills is scheduled to release its next quarterly earnings announcement on Wednesday, March 23rd 2022.
View our earnings forecast for General Mills.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) issued its quarterly earnings results on Tuesday, December, 21st. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.05 by $0.06. The firm had revenue of $5 billion for the quarter, compared to analyst estimates of $4.86 billion. General Mills had a trailing twelve-month return on equity of 23.58% and a net margin of 12.02%. The business's revenue was up 6.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.06 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 Monday, November 15th. Stockholders of record on Friday, December 10th will be given a dividend of $0.51 per share on Tuesday, February 1st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.96%. The ex-dividend date of this dividend is Friday, January 7th.
View General Mills' dividend history.

Is General Mills a good dividend stock?

General Mills pays an annual dividend of $2.04 per share and currently has a dividend yield of 2.98%. General Mills does not yet have a strong track record of dividend growth. The dividend payout ratio of General Mills is 56.20%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, General Mills will have a dividend payout ratio of 51.65% next year. This indicates that General Mills will be able to sustain or increase its dividend.
View General Mills' dividend history.

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

General Mills issued an update on its FY22 earnings guidance on Tuesday, December, 21st. The company provided earnings per share (EPS) guidance of $3.71-$33.83 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.79.

What price target have analysts set for GIS?

8 brokerages have issued twelve-month price objectives for General Mills' stock. Their forecasts range from $56.00 to $74.00. On average, they expect General Mills' stock price to reach $67.00 in the next twelve months. This suggests that the stock has a possible downside of 2.9%.
View analysts' price targets for General Mills or view top-rated stocks among Wall Street analysts.

Who are General Mills' key executives?

General Mills' management team includes the following people:

• Jeff Harmening, Chairman & Chief Executive Officer
• Kofi A. Bruce, Chief Financial Officer
• Jodi J. Benson, Chief Innovation, Technology & Quality Officer (LinkedIn Profile)
• Jaime Montemayor, Chief Technology & Digital Officer
• Richard C. Allendorf, Secretary, Senior Vice President & General Counsel

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

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

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), McCormick & Company, Incorporated (MKC), Kellogg (K), Conagra Brands (CAG), J. M. Smucker (SJM), Campbell Soup (CPB), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Lancaster Colony (LANC), Seaboard (SEB) and Sanderson Farms (SAFM).
View all of GIS's 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 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 retail and institutional investors. Top institutional investors include Nordea Investment Management AB (0.51%), Lion Street Advisors LLC (0.26%), Russell Investments Group Ltd. (0.09%), Retirement Systems of Alabama (0.03%), CHURCHILL MANAGEMENT Corp (0.03%) and Crossmark Global Holdings Inc. (0.03%). Company insiders that own General Mills stock include Bethany C Quam, 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 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 Kestra Advisory Services LLC, Russell Investments Group Ltd., Lion Street Advisors LLC, Spire Wealth Management, Parallel Advisors LLC, Retirement Systems of Alabama, IBM Retirement Fund, and Capital Investment Advisors LLC. Company insiders that have sold General Mills company stock in the last year include Bethany C Quam, 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 insider buying and selling activity for General Mills or view top insider-selling stocks.

Which major investors are buying General Mills stock?

GIS stock was purchased by a variety of institutional investors in the last quarter, including Sciencast Management LP, Nordea Investment Management AB, Boston Trust Walden Corp, Nepsis Inc., Wealthfront Advisers LLC, Aries Wealth Management, Stonnington Group LLC, and HighTower Trust Services LTA.
View insider buying and selling activity for General Mills or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is General Mills' stock price today?

One share of GIS stock can currently be purchased for approximately $69.03.

How much money does General Mills make?

General Mills has a market capitalization of $41.64 billion and generates $18.13 billion in revenue each year. The company earns $2.34 billion in net income (profit) each year or $3.63 on an earnings per share basis.

How many employees does General Mills have?

General Mills employs 35,000 workers across the globe.

Does General Mills have any subsidiaries?

The following companies are subsidiares of General Mills: 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., Carolina Laticínios, Cereal Associados Portugal A.E.I.E., Cereal Partners (Malaysia) Sdn. Bhd., Cereal Partners Australia Pty Limited, Cereal Partners Espana A.E.I.E., Cereal Partners France Snc, Cereal Partners Gida Ticaret Limited Sirketi, Cereal Partners Mexico S.A. De C.V., Cereal Partners Nigeria Limited, Cereal Partners Poland Torun-Pacific Sp. Z.O.O., Cereal Partners Rus Llc, Cereal Partners U.K., Cereales C.P.W. Chile Limitada (Srl), Cp Middle East Fzco, Cpw Ama Dwc—Llc, Cpw Brasil Ltda., Cpw Hong Kong Limited, Cpw New Zealand, Cpw Operations S.A.R.L., Cpw Philippines Inc., Cpw Romania, Cpw S.A., Cpw Singapore (Pte.) Ltd., Cpw Tianjin Limited, 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, Parampara Food Products, Saxby Bros, The Pillsbury Company, The Pillsbury Company Llc, Yoki Alimentos, and Yoplait.

When was General Mills founded?

General Mills was founded in 1928.

What is General Mills' official website?

The official website for General Mills is www.generalmills.com.

Where are General Mills' headquarters?

General Mills is headquartered at NUMBER ONE GENERAL MILLS BOULEVARD, MINNEAPOLIS MN, 55440.

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, via email at [email protected], or via fax at 763-764-8330.