NYSE:GIS

General Mills Stock Forecast, Price & News

$61.30
+0.75 (+1.24 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$60.53
Now: $61.30
$61.33
50-Day Range
$54.74
MA: $59.18
$62.49
52-Week Range
$53.96
Now: $61.30
$66.14
Volume9.94 million shs
Average Volume4.85 million shs
Market Capitalization$37.39 billion
P/E Ratio15.72
Dividend Yield3.37%
Beta0.57
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, frozen pizza and pizza snacks, snack bars, fruit snacks, nutrition bars, and savory snacks, as well as organic products, including refrigerated yogurt, frozen and shelf-stable vegetables, meal kits, salty snacks, ready-to-eat cereal, and grain snacks. 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, BLUE Wilderness, 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, Yoki, and Yoplait trademarks. General Mills, Inc. 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. It operates 500 leased and 358 franchise branded ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.
General Mills logo

Industry, Sector and Symbol

Industry Grain mill products
Sub-IndustryPackaged Foods & Meats
CUSIP37033410
Phone763-764-7600
Employees35,000
Year Founded1928

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$17.63 billion
Cash Flow$5.08 per share
Book Value$14.48 per share

Profitability

Net Income$2.18 billion

Miscellaneous

Market Cap$37.39 billion
Next Earnings Date7/7/2021 (Estimated)
OptionableOptionable

Headlines

GIS Crosses Below Key Moving Average Level
April 9, 2021 |  nasdaq.com
Why General Mills Stock Rallied 11.5% in March
April 5, 2021 |  finance.yahoo.com
What to Make of GameStop's Latest Report
March 31, 2021 |  finance.yahoo.com
Is GIS Stock A Buy or Sell?
March 29, 2021 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.86 out of 5 stars

Consumer Staples Sector

41st out of 301 stocks

Grain Mill Products Industry

2nd out of 8 stocks

Analyst Opinion: 1.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$61.30
+0.75 (+1.24 %)
(As of 04/16/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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General Mills (NYSE:GIS) Frequently Asked Questions

Is General Mills a buy right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" General Mills stock. 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 analyst ratings for General Mills
or view top-rated stocks.

What stocks does MarketBeat like better than General Mills?

Wall Street analysts have given General Mills a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but General Mills wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is General Mills' next earnings date?

General Mills is scheduled to release its next quarterly earnings announcement on Wednesday, July 7th 2021.
View our earnings forecast for General Mills
.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) posted its earnings results on Tuesday, March, 23rd. The company reported $0.82 EPS for the quarter, missing the Zacks' consensus estimate of $0.84 by $0.02. The firm earned $4.52 billion during the quarter, compared to analysts' expectations of $4.45 billion. General Mills had a trailing twelve-month return on equity of 28.60% and a net margin of 13.16%. The business's quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.77 EPS.
View General Mills' earnings history
.

How has General Mills' stock price been impacted by Coronavirus?

General Mills' stock was trading at $52.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, GIS shares have increased by 15.9% and is now trading at $61.30.
View which stocks have been most impacted by COVID-19
.

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

General Mills declared a quarterly dividend on Monday, January 25th. Investors of record on Friday, April 9th will be given a dividend of $0.51 per share on Monday, May 3rd. This represents a $2.04 dividend on an annualized basis and a yield of 3.33%. The ex-dividend date is Thursday, April 8th.
View General Mills' dividend history
.

Is General Mills a good dividend stock?

General Mills pays an annual dividend of $2.04 per share and currently has a dividend yield of 3.37%. General Mills does not yet have a strock track record of dividend growth. The dividend payout ratio of General Mills is 56.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, General Mills will have a dividend payout ratio of 54.40% next year. This indicates that General Mills will be able to sustain or increase its dividend.
View General Mills' dividend history.

What price target have analysts set for GIS?

14 analysts have issued 1 year target prices for General Mills' stock. Their forecasts range from $50.00 to $73.00. On average, they expect General Mills' stock price to reach $63.36 in the next twelve months. This suggests a possible upside of 3.4% from the stock's current price.
View analysts' price targets for General Mills
or view top-rated stocks among Wall Street analysts.

Who are General Mills' key executives?

General Mills' management team includes the following people:
  • Mr. Jeffrey L. Harmening, Chairman & CEO (Age 54, Pay $5.19M) (LinkedIn Profile)
  • Mr. Kofi A. Bruce, Chief Financial Officer (Age 50, Pay $1.2M) (LinkedIn Profile)
  • Mr. Richard C. Allendorf, Sr. VP, Gen. Counsel & Sec. (Age 60, Pay $1.57M)
  • Mr. John R. Church, Chief Supply Chain Officer (Age 55, Pay $1.8M)
  • Mr. Jonathon J. Nudi, Group Pres of North America Retail (Age 51, Pay $2.66M)
  • Ms. Marie C. Pillai, Chief Investment Officer, VP & Treasurer
  • Mr. Mark A. Pallot, VP & Chief Accounting Officer (Age 47)
  • Jeff Siemon, VP of Investor Relations
  • Mr. Jano Cabrera, Chief Communications Officer (Age 46)
  • Mr. Ivan Pollard, Global Chief Marketing Officer (Age 58) (LinkedIn Profile)

What is Jeff Harmening's approval rating as General Mills' CEO?

372 employees have rated General Mills CEO Jeff Harmening on Glassdoor.com. Jeff Harmening has an approval rating of 95% among General Mills' employees. This puts Jeff Harmening in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of General Mills' key competitors?

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), The Procter & Gamble (PG), Cisco Systems (CSCO), Exxon Mobil (XOM), The 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 number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.09%), Miller Howard Investments Inc. NY (0.09%), Retirement Systems of Alabama (0.04%), Royal London Asset Management Ltd. (0.04%), Farmers & Merchants Investments Inc. (0.03%) and Hexavest Inc. (0.03%). Company insiders that own General Mills stock include Bethany C Quam, Jodi J Benson, John R Church, Jonathon Nudi, Kofi A Bruce, Mark A Pallot, R Kerry Clark, Richard C Allendorf, Sean N Walker 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., Retirement Systems of Alabama, Crossmark Global Holdings Inc., Farmers & Merchants Investments Inc., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Huntington National Bank, Accredited Investors Inc., and Welch & Forbes LLC. Company insiders that have sold General Mills company stock in the last year include Bethany C Quam, 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 insider buying and selling activity for General Mills
or view top insider-selling stocks.

Which major investors are buying General Mills stock?

GIS stock was purchased by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., Wedge Capital Management L L P NC, Everence Capital Management Inc., Miller Howard Investments Inc. NY, TrimTabs Asset Management LLC, Symphony Financial Ltd. Co., Strategic Investment Advisors MI, and KG&L Capital Management LLC.
View insider buying and selling activity for General Mills
or or view top insider-buying stocks.

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 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 $61.30.

How much money does General Mills make?

General Mills has a market capitalization of $37.39 billion and generates $17.63 billion in revenue each year. The company earns $2.18 billion in net income (profit) each year or $3.61 on an earnings per share basis.

How many employees does General Mills have?

General Mills employs 35,000 workers across the globe.

Does General Mills have any subsidiaries?

The following companies are subsidiares of General Mills: 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., Carolina Laticínios, Cereal Associados Portugal A.E.I.E., Cereal Partners (Malaysia) Sdn. Bhd., Cereal Partners Australia Pty Limited, Cereal Partners Espana A.E.I.E., Cereal Partners France Snc, Cereal Partners Gida Ticaret Limited Sirketi, Cereal Partners Mexico S.A. De C.V., Cereal Partners Nigeria Limited, Cereal Partners Poland Torun-Pacific Sp. Z.O.O., Cereal Partners Rus Llc, Cereal Partners U.K., Cereales C.P.W. Chile Limitada (Srl), Cp Middle East Fzco, Cpw Ama Dwc—Llc, Cpw Brasil Ltda., Cpw Hong Kong Limited, Cpw New Zealand, Cpw Operations S.A.R.L., Cpw Philippines Inc., Cpw Romania, Cpw S.A., Cpw Singapore (Pte.) Ltd., Cpw Tianjin Limited, 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, Parampara Food Products, Saxby Bros, The Pillsbury Company, The Pillsbury Company Llc, Yoki Alimentos, and Yoplait.

When was General Mills founded?

General Mills was founded in 1928.

What is General Mills' official website?

The official website for General Mills is www.generalmills.com.

Where are General Mills' headquarters?

General Mills is headquartered at NUMBER ONE GENERAL MILLS BOULEVARD, MINNEAPOLIS MN, 55440.

How can I contact General Mills?

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


This page was last updated on 4/18/2021 by MarketBeat.com Staff
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