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. Stockholders 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 annualized dividend and a dividend yield of 3.42%. The ex-dividend date is Thursday, July 6th. This is a boost 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, June, 28th. The company reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.71 by $0.02. The company had revenue of $3.81 billion for the quarter, compared to analyst estimates of $3.75 billion. General Mills had a net margin of 10.61% and a return on equity of 38.97%. The business's revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.66 EPS. 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 updated its FY18 earnings guidance on Wednesday, June, 28th. The company provided earnings per share guidance of $3.10-3.13 for the period, compared to the Thomson Reuters consensus estimate of $3.19.

16 brokerages have issued 12-month price objectives for General Mills' stock. Their forecasts range from $52.00 to $70.00. On average, they expect General Mills' stock price to reach $59.15 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' 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 drop in short interest in July. As of July 31st, there was short interest totalling 17,184,993 shares, a drop of 21.6% from the July 14th total of 21,923,670 shares. Based on an average trading volume of 3,877,267 shares, the short-interest ratio is currently 4.4 days. Currently, 3.0% of the shares of the stock are short sold.

Some companies that are related to General Mills include Mondelez International (MDLZ), Associated British Foods plc (ABF), Kellogg Company (K), Archer-Daniels-Midland Company (ADM), 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) and SunOpta (STKL).

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 shareholders 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. Company insiders that have sold General Mills stock in the last year include Michael D Rose and Robert L Ryan. View Insider Buying and Selling for General Mills.

General Mills' stock was bought 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., Vanguard Group Inc. and Koch Industries 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 $57.31.