General Mills Company Profile (NYSE:GIS)

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

General Mills announced 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 3.54%. The ex-dividend date 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) released its quarterly earnings data on Wednesday, June, 28th. The company reported $0.73 EPS for the quarter, beating the Zacks' consensus estimate of $0.71 by $0.02. The company earned $3.81 billion during the quarter, compared to analyst estimates of $3.75 billion. General Mills had a return on equity of 38.97% and a net margin of 10.61%. The business's quarterly revenue was down 3.1% on a year-over-year basis. During the same period last year, the firm posted $0.66 EPS. View General Mills' Earnings History.

General Mills is scheduled to release their next quarterly earnings announcement on Wednesday, September, 20th 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 equities research analysts have issued 1 year price objectives for General Mills' shares. Their forecasts range from $52.00 to $70.00. On average, they expect 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 in 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 currently 5.3 days. Currently, 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 many different of retail and institutional 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. 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., 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 $55.38.