NYSE:GIS - General Mills Stock Price, Price Target & More

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$43.09 -1.14 (-2.58 %)
(As of 07/18/2018 04:00 PM ET)
Previous Close$44.23
Today's Range$43.03 - $44.19
52-Week Range$41.01 - $60.69
Volume4.52 million shs
Average Volume5.49 million shs
Market Capitalization$26.08 billion
P/E Ratio14.06
Dividend Yield4.46%
Beta0.79
General Mills logoGeneral Mills, Inc. manufactures and markets branded consumer foods in the United States. The company operates in four segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; and Asia & Latin America. 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, shelf stable and frozen vegetables, and ice cream and frozen desserts, as well as grain, fruit and savory snacks; and various organic products, including nutrition bars, meal kits, salty snacks, and ready-to-eat cereal. The company markets its products under the Annie's, Betty Crocker, Bisquick, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, 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 names. It also supplies branded and unbranded food products to the foodservice and commercial baking industries. The company sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce grocery providers, commercial and noncommercial foodservice distributors and operators, restaurants, and convenience stores, as well as drug, dollar, and discount chains. It operates 433 ice cream parlors; and franchises 356 branded ice cream parlors. General Mills, Inc. also exports its products primarily to Caribbean and Latin American markets. The company was founded in 1928 and is based in Minneapolis, Minnesota.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Grain mill products
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
SymbolNYSE:GIS
CUSIP37033410
Phone763-764-7600

Debt

Debt-to-Equity Ratio1.95
Current Ratio0.56
Quick Ratio0.34

Price-To-Earnings

Trailing P/E Ratio14.06
Forward P/E Ratio14.08
P/E Growth1.69

Sales & Book Value

Annual Sales$15.74 billion
Price / Sales1.62
Cash Flow$4.0196 per share
Price / Cash10.72
Book Value$10.94 per share
Price / Book3.94

Profitability

EPS (Most Recent Fiscal Year)$3.11
Net Income$2.13 billion
Net Margins13.54%
Return on Equity35.14%
Return on Assets7.48%

Miscellaneous

Employees40,000
Outstanding Shares593,370,000
Market Cap$26,084.45

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General Mills (NYSE:GIS) Frequently Asked Questions

What is General Mills' stock symbol?

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

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

General Mills announced a quarterly dividend on Tuesday, June 26th. Investors of record on Tuesday, July 10th will be paid a dividend of $0.49 per share on Wednesday, August 1st. This represents a $1.96 annualized dividend and a yield of 4.55%. The ex-dividend date is Monday, July 9th. View General Mills' Dividend History.

How will General Mills' stock buyback program work?

General Mills declared that its Board of Directors has initiated a stock buyback program on Monday, February 26th 2018, which allows the company to buyback outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) announced its earnings results on Wednesday, June, 27th. The company reported $0.79 EPS for the quarter, topping the Zacks' consensus estimate of $0.72 by $0.07. The company earned $3.89 billion during the quarter, compared to the consensus estimate of $3.89 billion. General Mills had a return on equity of 35.14% and a net margin of 13.54%. The company's quarterly revenue was up 2.2% on a year-over-year basis. During the same period last year, the firm earned $0.73 EPS. View General Mills' Earnings History.

When is General Mills' next earnings date?

General Mills is scheduled to release their next quarterly earnings announcement on Tuesday, September, 18th 2018. View Earnings Estimates for General Mills.

What price target have analysts set for GIS?

21 analysts have issued 12 month price objectives for General Mills' stock. Their predictions range from $44.00 to $65.00. On average, they expect General Mills' share price to reach $50.25 in the next year. This suggests a possible upside of 16.6% from the stock's current price. View Analyst Ratings for General Mills.

What is the consensus analysts' recommendation for General Mills?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 1 sell rating, 15 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about General Mills stock?

Here are some recent quotes from research analysts about General Mills stock:
  • 1. According to Zacks Investment Research, "General Mills has lagged the industry in the past three months, as the company is battling input cost inflation, which is likely to linger going forward. Evidently, the company expects input cost inflation of 5% in fiscal 2019, a point greater than the fiscal 2018 level. Also, General Mills is struggling with its U.S. Yogurt sales for the past few quarters. Nonetheless, the company is on track to restructure this category through fundamental innovation. Also, the company remains committed toward reshaping its portfolio, evident from its buyout of Blue Buffalo. These factors along with strong e-commerce business and savings from HMM initiatives should continue to fuel General Mills. Markedly, the company posted robust fourth-quarter fiscal 2018 results, wherein both top and bottom lines grew year over year. Also, organic sales grew on organic net price realization and mix. In fiscal 2019, management expects net sales to rise 9-10%." (7/3/2018)
  • 2. Jefferies Financial Group Inc analysts commented, "On a like-for-like basis (excl. $0.79 was 3c or 4% above our estimate and 8c or 11% above consensus. Profitability during the qtr was significantly better than expected, particularly at the gross profit level which was encouraging given recent inflationary pressures. FY19 guidance was set ~2% below consensus (at the midpoint), including a 4c or ~1% drag related to BUFF." (6/27/2018)

Who are some of General Mills' key competitors?

Who are General Mills' key executives?

General Mills' management team includes the folowing people:
  • Mr. Jeffrey L. Harmening, Chairman, CEO & Director (Age 51)
  • Mr. Donal Leo Mulligan, Exec. VP & CFO (Age 57)
  • Mr. Richard C. Allendorf, Sr. VP, Gen. Counsel & Sec. (Age 57)
  • Mr. John R. Church, Exec. VP of Supply Chain & Global Bus. Solutions and Chief Supply Chain Officer (Age 52)
  • Ms. Marie C. Pillai, Chief Investment Officer, VP & Treasurer

Has General Mills been receiving favorable news coverage?

Media coverage about GIS stock has trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. General Mills earned a news impact score of 0.03 on Accern's scale. They also gave headlines about the company an impact score of 46.61 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are General Mills' major shareholders?

General Mills' stock is owned by many different of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.13%), Berkshire Asset Management LLC PA (0.07%), Retirement Systems of Alabama (0.05%), Howard Capital Management Inc. (0.04%), NN Investment Partners Holdings N.V. (0.03%) and Edge Wealth Management LLC (0.03%). Company insiders that own General Mills stock include Bethany C Quam, Jeffrey L Harmening, Jeffrey Rohit Sundar, John R Church, Jonathon Nudi, Michael D Rose, Peter C Erickson, Robert L Ryan 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 Hexavest Inc., Handelsbanken Fonder AB, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Park National Corp OH, NN Investment Partners Holdings N.V., Cape Cod Five Cents Savings Bank, Manning & Napier Group LLC and Pennsylvania Trust Co. Company insiders that have sold General Mills company stock in the last year include Bethany C Quam, Jonathon Nudi, Peter C Erickson and Shawn P Ogrady. View Insider Buying and Selling for General Mills.

Which major investors are buying General Mills stock?

GIS stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Howard Capital Management Inc., Edge Wealth Management LLC, Welch & Forbes LLC, DnB Asset Management AS, Rockland Trust Co., Calamos Advisors LLC and Signature Wealth Management Group. Company insiders that have bought General Mills stock in the last two years include Jeffrey L Harmening, Jeffrey Rohit Sundar and Jonathon Nudi. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is General Mills' stock price today?

One share of GIS stock can currently be purchased for approximately $43.09.

How big of a company is General Mills?

General Mills has a market capitalization of $26.08 billion and generates $15.74 billion in revenue each year. The company earns $2.13 billion in net income (profit) each year or $3.11 on an earnings per share basis. General Mills employs 40,000 workers across the globe.

How can I contact General Mills?

General Mills' mailing address is NUMBER ONE GENERAL MILLS BLVD, MINNEAPOLIS MN, 55440. The company can be reached via phone at 763-764-7600 or via email at [email protected]


MarketBeat Community Rating for General Mills (NYSE GIS)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  432 (Vote Outperform)
Underperform Votes:  623 (Vote Underperform)
Total Votes:  1,055
MarketBeat's community ratings are surveys of what our community members think about General Mills and other stocks. Vote "Outperform" if you believe GIS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GIS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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