General Mills Company Profile (NYSE:GIS)

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

General Mills declared a quarterly dividend on Wednesday, June 28th. Shareholders of record on Monday, July 10th will be given a dividend of $0.49 per share on Tuesday, August 1st. This represents a $1.96 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Thursday, July 6th. This is an increase from General Mills's previous quarterly dividend of $0.48. View General Mills' Dividend History.

General Mills, Inc. (NYSE:GIS) released its quarterly earnings results on Wednesday, September, 20th. The company reported $0.71 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.76 by $0.05. The company had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.79 billion. General Mills had a net margin of 10.68% and a return on equity of 39.82%. The firm's revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.78 EPS. View General Mills' Earnings History.

General Mills is scheduled to release their next quarterly earnings announcement on Monday, December, 18th 2017. View Earnings Estimates for General Mills.

General Mills issued an update on its FY18 earnings guidance on Wednesday, September, 20th. The company provided earnings per share guidance of $3.12-3.15 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.10.

17 brokerages have issued 12 month target prices for General Mills' stock. Their forecasts range from $52.00 to $70.00. On average, they anticipate General Mills' share price to reach $57.33 in the next twelve months. View Analyst Ratings for General Mills.

Here are some recent quotes from research analysts about General Mills stock:

• 1. According to Zacks Investment Research, "General Mills reported first-quarter fiscal 2018 results, with both earnings and revenues falling shy of the expectations. Adjusted earnings and revenues declined 9% and 3.5%, respectively, year over year due to weak sales across the board, barring Convenience Stores & Foodservice, and Europe & Australia segments. Its core U.S. Retail business’ sales declined 5% primarily due to double-digit declines in the U.S. yogurt operating unit and 7% decline in cereals. Meanwhile, General Mills' shares have underperformed the industry so far this year. Nevertheless, the company remains optimistic about the rest of fiscal 2018 and believes retail sales to contribute positively, beginning second quarter. Although, we do not expect significant sales growth in the near term, the declines are expected to get narrower as the company focuses more on sales growth, banking on product innovations." (9/21/2017)
• 2. Royal Bank Of Canada analysts commented, " We are maintaining our FY17e EPS (ending May) but trimming FY18e sales and EPS estimates. This reflects a combination of: 1) sluggish demand as a result of fresh food deflation; and 2) higher promotion spending to defend against recent private label encroachment. While the drag from fresh food deflation should ease by F2H18, we will be watching how effective'and expensive'the company's adjustments prove to be." (3/22/2017)

General Mills saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 24,400,672 shares, an increase of 17.2% from the August 31st total of 20,822,367 shares. Based on an average daily trading volume, of 3,753,252 shares, the days-to-cover ratio is currently 6.5 days. Approximately 4.2% of the company's stock are sold short.

Some companies that are related to General Mills include Associated British Foods plc (ABF), Archer-Daniels-Midland Company (ADM), Hershey Company (The) (HSY), Kellogg Company (K), ConAgra Foods (CAG), Campbell Soup Company (CPB), McCormick & Company, Incorporated (MKC), Bunge Limited (BG), Ingredion Incorporated (INGR), Darling Ingredients (DAR), B&G Foods (BGS), Central Garden & Pet Company (CENT), Cranswick plc (CWK), Greencore Group plc (GNC), MGP Ingredients (MGPI), Dean Foods Company (DF), SunOpta (STKL) and Hilton Food Group plc (HFG).

General Mills' management team includes the folowing people:

• Kendall J. Powell, Chairman of the Board
• Jeffrey L. Harmening, Chief Executive Officer, Director
• Donal Leo Mulligan, Chief Financial Officer, Executive Vice President
• Jon J. Nudi, Group President - North America Retail
• Bethany C. Quam, Group President - Europe & Australia
• Jacqueline R. Williams-Roll, Chief Human Resource Officer, Senior Vice President
• John R. Church, Executive Vice President - Supply Chain and Global Business Solutions and Chief Supply Chain Officer
• Peter C. Erickson, Executive Vice President - Innovation, Technology and Quality
• Richard C. Allendorf, Senior Vice President, General Counsel, Secretary
• Christina Law, Senior Vice President, Group President - Asia & Latin America

General Mills' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.93%), State Street Corp (6.21%), American Century Companies Inc. (1.69%), Wells Fargo & Company MN (1.63%), Northern Trust Corp (1.48%) and Bank of New York Mellon Corp (1.14%). Company insiders that own General Mills stock include Donal L Mulligan, Dorothy A Terrell, Jeffrey L Harmening, Jerald A Young, John R Church, Jonathon Nudi, Kimberly A Nelson, Michael D Rose, Paul Danos, Peter C Erickson and Robert L Ryan. View Institutional Ownership Trends for General Mills.

General Mills' stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Capital Research Global Investors, State Street Corp, Eaton Vance Management, TIAA CREF Investment Management LLC, Prudential Financial Inc., Bank of New York Mellon Corp and Swiss National Bank. View Insider Buying and Selling for General Mills.

General Mills' stock was purchased by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Janus Henderson Group PLC, Federated Investors Inc. PA, Capital World Investors, Renaissance Technologies LLC, American Century Companies Inc., RNC Capital Management LLC and Vanguard Group Inc.. View Insider Buying and Selling for General Mills.

Shares of General Mills can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of General Mills stock can currently be purchased for approximately $52.27.