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S&P 500   3,585.62
DOW   28,725.51
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Why This Bear Market Is Not Even Close to Being Done…
Reclusive trader scores 20 years of winning trades. Learn how. (Ad)pixel
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Reclusive trader scores 20 years of winning trades. Learn how. (Ad)pixel
Ruptured oil pipeline off California approved for repairs
Brazil holds historic election with Lula against Bolsonaro
Reclusive trader scores 20 years of winning trades. Learn how. (Ad)pixel
Italy's Meloni vows to put national energy interests first
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Reclusive trader scores 20 years of winning trades. Learn how. (Ad)pixel
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Reclusive trader scores 20 years of winning trades. Learn how. (Ad)pixel
Ruptured oil pipeline off California approved for repairs
Brazil holds historic election with Lula against Bolsonaro
Reclusive trader scores 20 years of winning trades. Learn how. (Ad)pixel
Italy's Meloni vows to put national energy interests first
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
Reclusive trader scores 20 years of winning trades. Learn how. (Ad)pixel
EU chief: New Greece-Bulgaria gas pipeline 'means freedom'
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Reclusive trader scores 20 years of winning trades. Learn how. (Ad)pixel
Ruptured oil pipeline off California approved for repairs
Brazil holds historic election with Lula against Bolsonaro
Reclusive trader scores 20 years of winning trades. Learn how. (Ad)pixel
Italy's Meloni vows to put national energy interests first
Allies aim for risky Russian oil price cap as winter nears
NYSE:GIS

General Mills - GIS Stock Forecast, Price & News

$76.61
-1.10 (-1.42%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$76.46
$77.90
50-Day Range
$73.82
$80.78
52-Week Range
$59.90
$81.24
Volume
4.10 million shs
Average Volume
4.47 million shs
Market Capitalization
$45.47 billion
P/E Ratio
16.13
Dividend Yield
2.78%
Price Target
$76.83

General Mills MarketRank™ Forecast

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
0.3% Upside
$76.83 Price Target
Short Interest
Healthy
2.46% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.28
Upright™ Environmental Score
News Sentiment
0.25mentions of General Mills in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$6.26 M Sold Last Quarter
Proj. Earnings Growth
6.36%
From $4.09 to $4.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.35 out of 5 stars

Consumer Staples Sector

70th out of 144 stocks

Grain Mill Products Industry

2nd out of 5 stocks

GIS stock logo

About General Mills (NYSE:GIS) Stock

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, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. 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, 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, Wilderness, Yoki, and Yoplait trademarks. It 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. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.

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GIS Stock News Headlines

Pumpkin farms adapt to improve soil, lower emissions
This Thanksgiving, your pumpkin pie might have a lower carbon footprint
Is General Mills the Right Approach for Dividend Investors?
MarketBeat: Week in Review 9/19 – 9/23 (GIS)
The sell-off in the market confirms that the global economy is slowing. What should you do? Here are some insights our analysts delivered for you this week
General Mills: Superior Returns With Less Volatility
General Mills reported better-than-expected margin and raised its guidance contrary to a trend put in place by FedEx and Ford, and it pays a healthy dividend.
Is This Blue Chip Stock a Buy for Income Investors?
General Mills (NYSE:GIS) PT Raised to $71.00 at Morgan Stanley
General Mills' Margin Improvement Is a Good Sign
Company News for Sep 22, 2022
General Mills (NYSE:GIS) PT Raised to $81.00 at Bank of America
See More Headlines
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GIS Company Calendar

Ex-Dividend for 7/7 Dividend
7/07/2022
Dividend Payable
7/07/2022
Last Earnings
9/21/2022
Today
10/02/2022
Ex-Dividend for 11/1 Dividend
10/06/2022
Dividend Payable
11/01/2022
Next Earnings (Estimated)
12/20/2022
Fiscal Year End
5/31/2023

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Packaged Foods & Meats
CUSIP
37033410
Employees
32,500
Year Founded
1928

Price Target and Rating

Average Stock Price Forecast
$76.83
High Stock Price Forecast
$88.00
Low Stock Price Forecast
$64.00
Forecasted Upside/Downside
+0.3%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
12 Analysts

Profitability

Net Income
$2.71 billion
Pretax Margin
18.00%

Debt

Sales & Book Value

Annual Sales
$18.99 billion
Cash Flow
$4.93 per share
Book Value
$18.24 per share

Miscellaneous

Free Float
589,559,000
Market Cap
$45.47 billion
Optionable
Optionable
Beta
0.33

Social Links


Key Executives

  • Mr. Jeffrey L. HarmeningMr. Jeffrey L. Harmening (Age 55)
    Chairman & CEO
    Comp: $5.05M
  • Mr. Kofi A. Bruce (Age 51)
    Chief Financial Officer
    Comp: $2.04M
  • Mr. Jonathon J. NudiMr. Jonathon J. Nudi (Age 52)
    Group Pres of North America Retail
    Comp: $2.37M
  • Mr. Jaime Montemayor (Age 57)
    Chief Digital & Technology Officer
    Comp: $1.53M
  • Ms. Marie C. Pillai
    Chief Investment Officer, VP & Treasurer
  • Mr. Mark A. PallotMr. Mark A. Pallot (Age 48)
    VP & Chief Accounting Officer
  • Jeff Siemon
    VP of Investor Relations
  • Ms. Karen Wilson Thissen (Age 55)
    Gen. Counsel & Corp. Sec.
  • Mr. Jano Cabrera (Age 47)
    Chief Communications Officer
  • Mr. Ivan Pollard (Age 59)
    Global Chief Marketing Officer













GIS Stock - Frequently Asked Questions

Should I buy or sell General Mills stock right now?

12 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, 8 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GIS shares. 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 GIS analyst ratings
or view top-rated stocks.

What is General Mills' stock price forecast for 2022?

12 brokerages have issued 12-month price targets for General Mills' shares. Their GIS share price forecasts range from $64.00 to $88.00. On average, they predict the company's share price to reach $76.83 in the next year. This suggests a possible upside of 0.3% from the stock's current price.
View analysts price targets for GIS
or view top-rated stocks among Wall Street analysts.

How have GIS shares performed in 2022?

General Mills' stock was trading at $67.38 at the beginning of 2022. Since then, GIS stock has increased by 13.7% and is now trading at $76.61.
View the best growth stocks for 2022 here
.

Are investors shorting General Mills?

General Mills saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 14,600,000 shares, an increase of 10.7% from the August 31st total of 13,190,000 shares. Based on an average daily volume of 3,970,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 2.5% of the company's stock are short sold.
View General Mills' Short Interest
.

When is General Mills' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, December 20th 2022.
View our GIS earnings forecast
.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) released its quarterly earnings data on Wednesday, September, 21st. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.11. The business earned $4.72 billion during the quarter, compared to analysts' expectations of $4.72 billion. General Mills had a trailing twelve-month return on equity of 23.87% and a net margin of 15.13%. The firm's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period last year, the business earned $0.99 EPS.
Read the conference call transcript
.

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

General Mills declared a quarterly dividend on Tuesday, September 27th. Shareholders of record on Monday, October 10th will be given a dividend of $0.54 per share on Tuesday, November 1st. This represents a $2.16 annualized dividend and a yield of 2.82%. The ex-dividend date is Thursday, October 6th.
Read our dividend analysis for GIS
.

Is General Mills a good dividend stock?

General Mills (NYSE:GIS) pays an annual dividend of $2.16 per share and currently has a dividend yield of 2.78%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIS will have a dividend payout ratio of 49.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIS.

What guidance has General Mills issued on next quarter's earnings?

General Mills issued an update on its FY 2023 earnings guidance on Wednesday, September, 28th. The company provided earnings per share (EPS) guidance of $4.02-$4.14 for the period, compared to the consensus EPS estimate of $4.00. The company issued revenue guidance of -.

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

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

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), Procter & Gamble (PG), Cisco Systems (CSCO), Exxon Mobil (XOM), 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."

How do I buy shares of General Mills?

Shares of GIS stock 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 $76.61.

How much money does General Mills make?

General Mills (NYSE:GIS) has a market capitalization of $45.47 billion and generates $18.99 billion in revenue each year. The company earns $2.71 billion in net income (profit) each year or $4.75 on an earnings per share basis.

How many employees does General Mills have?

The company employs 32,500 workers across the globe.

Does General Mills have any subsidiaries?
The following companies are subsidiares of General Mills: Annie’s, 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., CEREAL PARTNERS ESPANA A.E.I.E., CEREAL PARTNERS U.K., CP MIDDLE EAST FZCO, CPW HONG KONG LIMITED, CPW NEW ZEALAND, Carolina Administracao e Participacoes Societarias Ltda., Carolina Laticínios, Cereal Associados Portugal A.E.I.E., Cereal Partners (Malaysia) Sdn. Bhd., Cereal Partners Australia Pty Limited, Cereal Partners France Snc, Cereal Partners Gida Ticaret Limited Sirketi, Cereal Partners Mexico S.A. De C.V., Cereal Partners Poland Torun-Pacific Sp. Z.O.O., Cereal Partners Rus Llc, Cereales C.P.W. Chile Limitada (Srl), Cpw Ama Dwc—Llc, Cpw Brasil Ltda., Cpw Operations S.A.R.L., Cpw Philippines Inc., Cpw S.A., Cpw Singapore (Pte.) Ltd., 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, Humm Foods, Parampara Food Products, Saxby Bros, The Pillsbury Company, The Pillsbury Company Llc, Tyson Foods, Yoki Alimentos, Yoplait, and Yoplait.
Read More
How can I contact General Mills?

General Mills' mailing address is NUMBER ONE GENERAL MILLS BOULEVARD, MINNEAPOLIS MN, 55440. The official website for the company is www.generalmills.com. The company can be reached via phone at (763) 764-7600, via email at media.line@genmills.com, or via fax at 763-764-8330.

This page (NYSE:GIS) was last updated on 10/2/2022 by MarketBeat.com Staff

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