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General Mills (GIS) Stock Price, News & Analysis

General Mills logo
$64.08 +0.28 (+0.44%)
(As of 11/21/2024 ET)

About General Mills Stock (NYSE:GIS)

Key Stats

Today's Range
$62.88
$64.16
50-Day Range
$62.78
$74.99
52-Week Range
$61.47
$75.90
Volume
2.47 million shs
Average Volume
3.91 million shs
Market Capitalization
$35.57 billion
P/E Ratio
15.26
Dividend Yield
3.75%
Price Target
$72.67
Consensus Rating
Hold

Company Overview

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.

General Mills Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
93rd Percentile Overall Score

GIS MarketRank™: 

General Mills scored higher than 93% of companies evaluated by MarketBeat, and ranked 14th out of 139 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    General Mills has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 3 buy ratings, 12 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    General Mills has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about General Mills' stock forecast and price target.
  • Earnings Growth

    Earnings for General Mills are expected to grow by 2.88% in the coming year, from $4.51 to $4.64 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of General Mills is 15.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.84.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of General Mills is 15.26, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.44.

  • Price to Earnings Growth Ratio

    General Mills has a PEG Ratio of 3.26. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    General Mills has a P/B Ratio of 3.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about General Mills' valuation and earnings.
  • Percentage of Shares Shorted

    3.35% of the float of General Mills has been sold short.
  • Short Interest Ratio / Days to Cover

    General Mills has a short interest ratio ("days to cover") of 5.3.
  • Change versus previous month

    Short interest in General Mills has recently increased by 3.52%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    General Mills is a leading dividend payer. It pays a dividend yield of 3.82%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    General Mills does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of General Mills is 57.14%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, General Mills will have a dividend payout ratio of 51.72% next year. This indicates that General Mills will be able to sustain or increase its dividend.

  • Read more about General Mills' dividend.
  • Percentage of Shares Shorted

    3.35% of the float of General Mills has been sold short.
  • Short Interest Ratio / Days to Cover

    General Mills has a short interest ratio ("days to cover") of 5.3.
  • Change versus previous month

    Short interest in General Mills has recently increased by 3.52%, indicating that investor sentiment is decreasing.
  • News Sentiment

    General Mills has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 33 news articles for General Mills this week, compared to 15 articles on an average week.
  • Search Interest

    24 people have searched for GIS on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added General Mills to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, General Mills insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,721,336.00 in company stock.

  • Percentage Held by Insiders

    Only 0.26% of the stock of General Mills is held by insiders.

  • Percentage Held by Institutions

    75.71% of the stock of General Mills is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about General Mills' insider trading history.
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GIS Stock News Headlines

General Mills, Inc. (NYSE:GIS) Director Sells $63,660.00 in Stock
General Mills Bets $1.45B on Pet Food: Growth or Risk?
General Mills Bets $1.45B on Pet Food: Growth or Risk?
General Mills' strategic pet food acquisition and strong Q1 earnings signal robust growth potential for investors.
Central Bank Abandons USD
You know what doesn't care about elections? Gold. If you want to protect your savings & retirement from our exploding national debt, VOTE FOR GOLD!
General Mills (GIS) Announces $1.5 Billion Notes Offering
General Mills to engage regulators over food dyes, Bloomberg reports
See More Headlines

GIS Stock Analysis - Frequently Asked Questions

General Mills' stock was trading at $65.14 at the start of the year. Since then, GIS stock has decreased by 1.6% and is now trading at $64.0754.
View the best growth stocks for 2024 here
.

General Mills, Inc. (NYSE:GIS) posted its quarterly earnings data on Wednesday, September, 18th. The company reported $1.07 earnings per share for the quarter, topping analysts' consensus estimates of $1.06 by $0.01. The firm's revenue was down 1.2% on a year-over-year basis.
Read the conference call transcript
.

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 more.

Top institutional shareholders of General Mills include State Street Corp (6.03%), Geode Capital Management LLC (2.59%), UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC (1.13%) and Massachusetts Financial Services Co. MA (0.69%). Insiders that own company stock include Jeffrey L Harmening, Jonathon Nudi, Sean N Walker, Shawn P Ogrady, Bethany C Quam, Jacqueline Williams-Roll, Pankaj Mn Sharma, Jodi J Benson, Maria Sastre, Werner Lanette Shaffer, Dana M Mcnabb, Mark A Pallot and John G Morikis.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that General Mills investors own include AT&T (T), Pfizer (PFE), Johnson & Johnson (JNJ), Exxon Mobil (XOM), JPMorgan Chase & Co. (JPM), Chevron (CVX) and Verizon Communications (VZ).

Company Calendar

Last Earnings
9/18/2024
Ex-Dividend for 11/1 Dividend
10/10/2024
Dividend Payable
11/01/2024
Today
11/21/2024
Next Earnings (Estimated)
12/18/2024
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
$72.67
High Stock Price Target
$84.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+13.4%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
16 Analysts

Profitability

Net Income
$2.50 billion
Pretax Margin
14.75%

Debt

Sales & Book Value

Annual Sales
$19.86 billion
Cash Flow
$5.80 per share
Book Value
$17.29 per share

Miscellaneous

Free Float
553,716,000
Market Cap
$35.57 billion
Optionable
Optionable
Beta
0.11

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This page (NYSE:GIS) was last updated on 11/22/2024 by MarketBeat.com Staff
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