NYSE:GIS - General Mills Stock Price, Forecast & News

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

General Mills declared a quarterly dividend on Monday, November 18th. Investors of record on Friday, January 10th will be paid a dividend of $0.49 per share on Monday, February 3rd. This represents a $1.96 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend is Thursday, January 9th. View General Mills' Dividend History.

General Mills declared that its board has initiated a share buyback program on Monday, February 26th 2018, which allows the company to repurchase shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

General Mills, Inc. (NYSE:GIS) released its quarterly earnings data on Wednesday, December, 18th. The company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.88 by $0.07. The firm earned $4.42 billion during the quarter, compared to analyst estimates of $4.43 billion. General Mills had a net margin of 12.62% and a return on equity of 27.33%. The business's revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 EPS. View General Mills' Earnings History.

General Mills is scheduled to release their next quarterly earnings announcement on Wednesday, March 18th 2020. View Earnings Estimates for General Mills.

General Mills updated its FY 2020 Pre-Market earnings guidance on Wednesday, December, 18th. The company provided EPS guidance of 3.32-3.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.36. The company issued revenue guidance of $17.034-17.034 billion, compared to the consensus revenue estimate of $17.22 billion.

19 brokerages have issued 1 year target prices for General Mills' shares. Their forecasts range from $41.00 to $65.00. On average, they anticipate General Mills' share price to reach $55.47 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets for General Mills.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 1 sell rating, 13 hold ratings, 4 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for General Mills.

News stories about GIS stock have been trending extremely positive on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. General Mills earned a coverage optimism score of 4.4 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for General Mills.

Some companies that are related to General Mills include Mondelez International (MDLZ), Tyson Foods (TSN), Hershey (HSY), Hormel Foods (HRL), Kellogg (K), MCCORMICK & CO /SH (MKC), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Seaboard (SEB), Flowers Foods (FLO), Lancaster Colony (LANC) and J & J Snack Foods (JJSF).

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), Exxon Mobil (XOM), General Electric (GE), Intel (INTC), Procter & Gamble (PG), AbbVie (ABBV) and Altria Group (MO).

General Mills' stock is owned by many different of institutional and retail investors. Top institutional investors include Commerzbank Aktiengesellschaft FI (0.20%), Wedge Capital Management L L P NC (0.13%), Steward Partners Investment Advisory LLC (0.12%), Hamlin Capital Management LLC (0.10%), PGGM Investments (0.10%) and Advisors Capital Management LLC (0.08%). Company insiders that own General Mills stock include Donal L Mulligan, Heidi Miller, Jacqueline Williams-Roll, Jeffrey L Harmening, Jodi J Benson, John R Church, Jonathon Nudi, Kofi A Bruce, Maria Sastre, Peter C Erickson, R Kerry Clark and Shawn P Ogrady. View Institutional Ownership Trends for General Mills.

GIS stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Commerzbank Aktiengesellschaft FI, Zurcher Kantonalbank Zurich Cantonalbank , United Services Automobile Association, TIAA FSB, DNB Asset Management AS, Greylin Investment Mangement Inc. and Callahan Advisors LLC. Company insiders that have sold General Mills company stock in the last year include Donal L Mulligan, Heidi Miller, Jacqueline Williams-Roll, Jodi J Benson, John R Church, Jonathon Nudi, Kofi A Bruce, R Kerry Clark and Shawn P Ogrady. View Insider Buying and Selling for General Mills.

GIS stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Prentiss Smith & Co. Inc., Beech Hill Advisors Inc., Hamlin Capital Management LLC, Pensionfund DSM Netherlands, Convergence Investment Partners LLC, Advisors Capital Management LLC and Pensionfund Sabic. Company insiders that have bought General Mills stock in the last two years include Jeffrey L Harmening and Maria Sastre. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GIS stock can currently be purchased for approximately $54.24.

General Mills has a market capitalization of $32.81 billion and generates $16.87 billion in revenue each year. The company earns $1.75 billion in net income (profit) each year or $3.22 on an earnings per share basis. General Mills employs 40,000 workers across the globe.View Additional Information About General Mills.

The official website for General Mills is http://www.generalmills.com/.

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]