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. Investors of record on Monday, July 10th will be paid a dividend of $0.49 per share on Tuesday, August 1st. This represents a $1.96 dividend on an annualized basis and a dividend yield of 3.53%. The ex-dividend date of this dividend is Thursday, July 6th. This is a positive change from General Mills's previous quarterly dividend of $0.48. View General Mills' Dividend History.

General Mills, Inc. (NYSE:GIS) issued its quarterly earnings data on Wednesday, June, 28th. The company reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.71 by $0.02. The company earned $3.81 billion during the quarter, compared to analysts' expectations of $3.75 billion. General Mills had a net margin of 10.61% and a return on equity of 38.97%. The company's revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.66 earnings per share. View General Mills' Earnings History.

General Mills is scheduled to release their next quarterly earnings announcement on Tuesday, September, 19th 2017. View Earnings Estimates for General Mills.

General Mills issued an update on its FY18 earnings guidance on Wednesday, June, 28th. The company provided EPS guidance of $3.10-3.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.19.

16 brokerages have issued 1 year target prices for General Mills' shares. Their predictions range from $52.00 to $70.00. On average, they expect General Mills' share price to reach $59.15 in the next year. 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' shares have underperformed the Zacks categorized Food-Miscellaneous/Diversified industry year-to-date. Sales and profits at the North America Retail segment, accounting for 66.1% of its sales, have been soft due to lower demand amid weak food industry trends and changing consumer preference. In the first nine months of fiscal 2017, sales of the segment declined 7.6% year over year. Overall, organic sales growth is also anticipated to drop 4% in fiscal 2017. General Mills, like many other U.S. food producers, has been struggling due to the shift in consumer preference towards natural and organic food. Nonetheless, robust restructuring savings are making up for the sluggish revenue growth. The company is also seeing impressive margin expansion with operating margin expanding 100 basis points in the last reported quarter. Though various initiatives helped improve the bottom line, we believe a material improvement will take time." (6/19/2017)
• 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 July. As of July 14th, there was short interest totalling 21,923,670 shares, an increase of 30.0% from the June 30th total of 16,867,134 shares. Based on an average daily volume of 4,020,769 shares, the short-interest ratio is presently 5.5 days. Approximately 3.8% of the shares of the stock are sold short.

Some companies that are related to General Mills include Archer-Daniels-Midland Company (ADM), Kellogg Company (K), Associated British Foods plc (ABF), Hershey Company (The) (HSY), Campbell Soup Company (CPB), ConAgra Foods (CAG), 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), Dean Foods Company (DF), MGP Ingredients (MGPI), 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, President, Chief Executive Officer, Chief Operating 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 number of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (0.77%), Flossbach Von Storch AG (0.71%), US Bancorp DE (0.61%), PGGM Investments (0.16%), Chevy Chase Trust Holdings Inc. (0.14%) and Russell Investments Group Ltd. (0.13%). 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 APG Asset Management N.V., Sit Investment Associates Inc., Great West Life Assurance Co. Can, Acadian Asset Management LLC, US Bancorp DE, NN Investment Partners Holdings N.V., Capstone Asset Management Co. and Shell Asset Management Co.. Company insiders that have sold General Mills stock in the last year include Jeffrey L Harmening, John R Church, Michael D Rose and Robert L Ryan. 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, PGGM Investments, Gradient Investments LLC, Chevy Chase Trust Holdings Inc., Mn Services Vermogensbeheer B.V., Oxbow Advisors LLC, Beacon Financial Group and National Pension Service. 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 $55.49.