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 paid a dividend of $0.49 per share on Tuesday, August 1st. This represents a $1.96 annualized dividend and a dividend yield of 3.76%. The ex-dividend date of this dividend 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) announced its earnings results on Tuesday, September, 19th. The company reported $0.71 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.78 by $0.07. The company had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.79 billion. General Mills had a net margin of 10.61% and a return on equity of 38.97%. The firm's quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.78 earnings per share. View General Mills' Earnings History.

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

16 equities research analysts have issued 12 month target prices for General Mills' shares. Their forecasts range from $52.00 to $70.00. On average, they anticipate General Mills' share price to reach $58.62 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' consumer-focused innovation, marketing initiatives and robust restructuring savings are making up for the sluggish revenue growth. The company is currently pursuing several initiatives focused on improving operational efficiency to generate cost savings and support its key growth strategies. By fiscal 2018, the company expects to achieve cost savings through increased efficiency, reduced complexity through SKU optimization, further supply chain optimization and continued expansion of zero-based budgeting across the business, which will result in accelerated margin expansion. It is on track to achieve its cost savings target for fiscal 2018 as it forges ahead with its margin expansion efforts. However, General Mills' shares have underperformed the industry so far this year. Slowing organic volumes are overshadowing minor improvements in profit margins." (9/19/2017)
• 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 August. As of August 15th, there was short interest totalling 21,056,297 shares, an increase of 22.5% from the July 31st total of 17,184,993 shares. Based on an average daily volume of 4,001,545 shares, the days-to-cover ratio is presently 5.3 days. Approximately 3.7% of the company's stock are short sold.

Some companies that are related to General Mills include Mondelez International (MDLZ), Associated British Foods plc (ABF), Archer-Daniels-Midland Company (ADM), Hershey Company (The) (HSY), Kellogg Company (K), 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, 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 retail and institutional 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 acquired 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 $52.17.