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General Mills (GIS) Stock Price, News & Analysis

$75.06
+0.55 (+0.74%)
(As of 09/6/2024 ET)
Today's Range
$74.43
$75.54
50-Day Range
$62.49
$75.08
52-Week Range
$60.33
$75.54
Volume
4.06 million shs
Average Volume
3.96 million shs
Market Capitalization
$41.89 billion
P/E Ratio
17.42
Dividend Yield
3.20%
Price Target
$69.07

General Mills MarketRank™ Stock Analysis

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
8.0% Downside
$69.07 Price Target
Short Interest
Bearish
3.12% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-3.28
Upright™ Environmental Score
News Sentiment
0.60mentions of General Mills in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.57%
From $4.49 to $4.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.59 out of 5 stars

Consumer Staples Sector

57th out of 136 stocks

Grain Mill Products Industry

3rd out of 6 stocks

GIS stock logo

About General Mills Stock (NYSE:GIS)

General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates through four segments: North America Retail; International; Pet; and North America Foodservice. It offers grain, 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 savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables. The company also manufactures and markets pet food products, including dog and cat food; and operates ice cream parlors. It markets its products under the Annie's, Betty Crocker, Bisquick, Blue Buffalo, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, Dunkaroos, Edgard & Cooper, Fiber One, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, Muir Glen, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Tastefuls, Total, Totino's , Trix, True Chews, True Solutions, Wanchai Ferry, Wheaties, Wilderness, and Yoki brands. The company sells its products to grocery stores, mass merchandisers, membership stores, natural food chains, drug, dollar and discount chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota.

GIS Stock Price History

GIS Stock News Headlines

General Mills logo and stock on screen
Top 3 Stocks to Outperform the S&P 500 in a Downturn (GIS)
Check out these three stocks that have outperformed big in past bear markets. Their business have inherent advantages the success in a downturn.
America dodged a crisis — next time it could be much worse
Legendary financial forecaster, Dr. Martin Weiss, has been warning us about it for months … He believes the next incident could lead to people seeing their bank accounts frozen.
General Mills Drops on Full-year Financial Outlook
General Mills Dropped on Full-year Financial Outlook
America dodged a crisis — next time it could be much worse
Legendary financial forecaster, Dr. Martin Weiss, has been warning us about it for months … He believes the next incident could lead to people seeing their bank accounts frozen.
General Mills: Underrated Company, Good Long-Term Buy
GIS Aug 2024 63.000 call
See More Headlines
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Company Calendar

Last Earnings
6/26/2024
Ex-Dividend for 8/1 Dividend
7/10/2024
Dividend Payable
8/01/2024
Today
9/07/2024
Next Earnings (Confirmed)
9/18/2024
Fiscal Year End
5/31/2025

Industry, Sector and Symbol

Industry
Grain mill products
Sub-Industry
Packaged Foods & Meats
CUSIP
37033410
Employees
34,000
Year Founded
1928

Price Target and Rating

Average Stock Price Target
$69.07
High Stock Price Target
$76.00
Low Stock Price Target
$61.00
Potential Upside/Downside
-8.0%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
16 Analysts

Profitability

Net Income
$2.50 billion
Pretax Margin
15.25%

Debt

Sales & Book Value

Annual Sales
$19.86 billion
Cash Flow
$5.90 per share
Book Value
$17.29 per share

Miscellaneous

Free Float
556,806,000
Market Cap
$41.89 billion
Optionable
Optionable
Beta
0.10

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Should I Buy General Mills Stock? GIS Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in General Mills, Inc.:

  • General Mills, Inc. manufactures and markets branded consumer foods worldwide, offering a diverse range of products.
  • The company operates through multiple segments, providing stability and diversification in its revenue streams.
  • General Mills has a strong presence in the North America Retail market, which can lead to consistent sales and growth.
  • Recent developments show positive financial indicators such as annual revenue growth and net income.
  • Investors may find the current stock price of General Mills, Inc. attractive for potential returns.

Cons

Investors should be bearish about investing in General Mills, Inc. for these reasons:

  • General Mills faces competition in the consumer foods industry, which could impact its market share and profitability.
  • The company's debt-to-equity ratio may be a concern for investors looking at its financial health.
  • Market conditions and consumer preferences can affect General Mills' performance and growth potential.
  • While the company has a strong presence in North America, international market challenges could pose risks.
  • General Mills' stock performance and price changes may be subject to market volatility and external factors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these General Mills pros and cons to contact@marketbeat.com.

GIS Stock Analysis - Frequently Asked Questions

How have GIS shares performed this year?

General Mills' stock was trading at $65.14 on January 1st, 2024. Since then, GIS stock has increased by 15.2% and is now trading at $75.06.
View the best growth stocks for 2024 here
.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) released its quarterly earnings data on Wednesday, June, 26th. The company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.02. The firm's revenue was down 6.3% compared to the same quarter last year.
Read the conference call transcript
.

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.

Does General Mills have any subsidiaries?

General Mills subsidiaries include Tyson Foods, Blue Buffalo, Blue Buffalo Pet Products, EPIC Provisions, Carolina Laticínios, Carolina Administracao e Participacoes Societarias Ltda., Annie’s, and others.

Who are General Mills' major shareholders?

General Mills' top institutional shareholders include Legal & General Group Plc (1.01%), Dimensional Fund Advisors LP (0.97%), American Century Companies Inc. (0.85%) and Bank of New York Mellon Corp (0.71%). Insiders that own company stock include Jeffrey L Harmening, Jonathon Nudi, Sean N Walker, Shawn P Ogrady, Bethany C Quam, Jacqueline Williams-Roll, Jodi J Benson, Werner Lanette Shaffer, Dana M Mcnabb, Mark A Pallot, John G Morikis and Richard C Allendorf.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of General Mills own?

Based on aggregate information from My MarketBeat watchlists, some other companies that General Mills investors own include AT&T (T), Verizon Communications (VZ), Johnson & Johnson (JNJ), Pfizer (PFE), Intel (INTC), Procter & Gamble (PG) and Cisco Systems (CSCO).

This page (NYSE:GIS) was last updated on 9/7/2024 by MarketBeat.com Staff

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