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S&P 500   4,071.70
DOW   34,429.88
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Today Only: Get a 4K Camera Drone for Just $80
Why Your IRA Could Crash on January 16th? (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
Why CSL Ltd Stock Could Be Worth a Look
This Skill Could Change The Way You Trade! (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Closing prices for crude oil, gold and other commodities
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Why Your IRA Could Crash on January 16th? (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
Why CSL Ltd Stock Could Be Worth a Look
This Skill Could Change The Way You Trade! (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Closing prices for crude oil, gold and other commodities
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Why Your IRA Could Crash on January 16th? (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
Why CSL Ltd Stock Could Be Worth a Look
This Skill Could Change The Way You Trade! (Ad)pixel
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Closing prices for crude oil, gold and other commodities
NYSE:GIS

General Mills - GIS Stock Forecast, Price & News

$86.52
+1.10 (+1.29%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$85.35
$86.58
50-Day Range
$74.97
$86.52
52-Week Range
$61.67
$86.73
Volume
3.13 million shs
Average Volume
3.80 million shs
Market Capitalization
$51.35 billion
P/E Ratio
18.21
Dividend Yield
2.53%
Price Target
$78.20

General Mills MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
9.6% Downside
$78.20 Price Target
Short Interest
Healthy
2.54% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.28
Upright™ Environmental Score
News Sentiment
0.61mentions of General Mills in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$11.94 M Sold Last Quarter
Proj. Earnings Growth
6.60%
From $4.09 to $4.36 Per Share

Overall MarketRank

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

2.32 out of 5 stars

Consumer Staples Sector

41st out of 143 stocks

Grain Mill Products Industry

1st out of 5 stocks

GIS stock logo

About General Mills (NYSE:GIS) Stock

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, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. 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, 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, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino's, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait trademarks. It 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. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.

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GIS Stock News Headlines

General Mills Tries a New Take on Lucky Charms
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GIS Company Calendar

Last Earnings
9/21/2022
Ex-Dividend for 11/1 Dividend
10/06/2022
Dividend Payable
11/01/2022
Today
12/03/2022
Next Earnings (Estimated)
12/20/2022
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
$78.20
High Stock Price Forecast
$90.00
Low Stock Price Forecast
$64.00
Forecasted Upside/Downside
-9.6%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
15 Analysts

Profitability

Net Income
$2.71 billion
Pretax Margin
18.00%

Debt

Sales & Book Value

Annual Sales
$18.99 billion
Cash Flow
$5.06 per share
Book Value
$18.07 per share

Miscellaneous

Free Float
589,559,000
Market Cap
$51.35 billion
Optionable
Optionable
Beta
0.34

Social Links


Key Executives

  • Mr. Jeffrey L. HarmeningMr. Jeffrey L. Harmening (Age 55)
    Chairman & CEO
    Comp: $5.05M
  • Mr. Kofi A. Bruce (Age 51)
    Chief Financial Officer
    Comp: $2.04M
  • Mr. Jonathon J. NudiMr. Jonathon J. Nudi (Age 52)
    Group Pres of North America Retail
    Comp: $2.37M
  • Mr. Jaime Montemayor (Age 57)
    Chief Digital & Technology Officer
    Comp: $1.53M
  • Ms. Marie C. Pillai
    Chief Investment Officer, VP & Treasurer
  • Mr. Mark A. PallotMr. Mark A. Pallot (Age 48)
    VP & Chief Accounting Officer
  • Jeff Siemon
    VP of Investor Relations
  • Ms. Karen Wilson Thissen (Age 55)
    Gen. Counsel & Corp. Sec.
  • Mr. Jano Cabrera (Age 47)
    Chief Communications Officer
  • Mr. Ivan Pollard (Age 59)
    Global Chief Marketing Officer













GIS Stock - Frequently Asked Questions

Should I buy or sell General Mills stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last twelve months. There are currently 2 sell ratings, 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued twelve-month target prices for General Mills' shares. Their GIS share price forecasts range from $64.00 to $90.00. On average, they predict the company's share price to reach $78.20 in the next twelve months. This suggests that the stock has a possible downside of 9.6%.
View analysts price targets for GIS
or view top-rated stocks among Wall Street analysts.

How have GIS shares performed in 2022?

General Mills' stock was trading at $67.38 at the beginning of the year. Since then, GIS shares have increased by 28.4% and is now trading at $86.52.
View the best growth stocks for 2022 here
.

Are investors shorting General Mills?

General Mills saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 15,010,000 shares, an increase of 12.7% from the October 31st total of 13,320,000 shares. Based on an average trading volume of 3,880,000 shares, the days-to-cover ratio is presently 3.9 days. Approximately 2.5% 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 Tuesday, December 20th 2022.
View our GIS earnings forecast
.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) issued its earnings results on Wednesday, September, 21st. The company reported $1.11 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.11. The business earned $4.72 billion during the quarter, compared to the consensus estimate of $4.72 billion. General Mills had a net margin of 15.13% and a trailing twelve-month return on equity of 23.87%. General Mills's revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.99 EPS.
Read the conference call transcript
.

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

General Mills announced a quarterly dividend on Monday, November 14th. Investors of record on Tuesday, January 10th will be paid a dividend of $0.54 per share on Wednesday, February 1st. This represents a $2.16 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend is Monday, January 9th.
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 2.53%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIS will have a dividend payout ratio of 49.54% 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 Wednesday, October, 19th. The company provided EPS guidance of $4.02-$4.14 for the period, compared to the consensus earnings per share estimate of $4.00. 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.70%), BlackRock Inc. (8.66%), State Street Corp (5.68%), Bank of New York Mellon Corp (0.87%), Dimensional Fund Advisors LP (0.84%) and UBS Asset Management Americas Inc. (0.80%). 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 $86.52.

How much money does General Mills make?

General Mills (NYSE:GIS) has a market capitalization of $51.35 billion and generates $18.99 billion in revenue each year. The company earns $2.71 billion in net income (profit) each year or $4.75 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.
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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 12/3/2022 by MarketBeat.com Staff