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NYSE:GIS

General Mills (GIS) Stock Price, News & Analysis

$63.08
-0.09 (-0.14%)
(As of 07/3/2024 ET)
Today's Range
$62.76
$63.26
50-Day Range
$63.07
$71.43
52-Week Range
$60.33
$77.63
Volume
2.52 million shs
Average Volume
4.73 million shs
Market Capitalization
$35.21 billion
P/E Ratio
14.64
Dividend Yield
3.74%
Price Target
$70.00

General Mills MarketRank™ Stock Analysis

Analyst Rating
Hold
2.06 Rating Score
Upside/​Downside
11.0% Upside
$70.00 Price Target
Short Interest
Bearish
2.89% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-3.28
Upright™ Environmental Score
News Sentiment
0.18mentions of General Mills in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$50,105 Sold Last Quarter
Proj. Earnings Growth
5.56%
From $4.50 to $4.75 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.

4.57 out of 5 stars

Consumer Staples Sector

19th out of 129 stocks

Grain Mill Products Industry

1st 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 salty snacks, ice cream and frozen desserts, nutrition bars, and savory snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also 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, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto's, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Kitano, Kix, Lärabar, Latina, Lucky Charms, Muir Glen, Nature Valley, Nudges, Oatmeal Crisp, Old El Paso, Pillsbury, Progresso, Raisin Nut Bran, Total, Top Chews Naturals, Totino's, Trix, True Chews, Wanchai Ferry, Wheaties, Wilderness, Yoki, Reese's Puffs, Green Giant, 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. In addition, the company operates ice cream parlors. 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 smartphone screen
General Mills Stock Drops After Revenue Miss in Fiscal Q4 2024
General Mills  NYSE: GIS lies within the consumer staples sector and ranks in the top 10 largest food and beverage companies in the United States by revenue. In 2024, the share price is essentially where it started for the year, with a total return of just under 0%.
General Mills logo and stock on smartphone screen
General Mills Stock Drops After Revenue Miss in Fiscal Q4 2024
General Mills released earnings on Jun. 26, 2024. It beat on earnings per share, missed on revenue, and increased its dividend. The share price traded down.
Massive July 4th Discount Inside
To celebrate this Independence Day, we've arranged a special deal for you... We've partnered with Behind the Markets to make sure YOU get access to an exclusive 90% off sale not being offered to the public.
General Mills logo and stock on screen
General Mills Q4 Sales Miss Expectations, Triggering Stock Drop
General Mills NYSE: GIS is the global food manufacturing sector giant known for iconic brands like Cheerios, Yoplait, Pillsbury, and Blue Buffalo. General Mills' earnings report for the fourth quarter and full-year fiscal 2024 revealed a disappointing performance, which sent General Mills' stock price downward.
General Mills logo and stock on screen
General Mills Q4 Sales Miss Expectations, Triggering Stock Drop
General Mills' Q4 earnings miss expectations, raising concerns about growth and investor confidence.
Financial markets news icon
General Mills, Worthington fall; FedEx, Rivian rise, Wednesday, 6/26/2024
Stocks that are trading heavily or have substantial price changes on Wednesday: General Mills, Worthington fall; FedEx, Rivian
Grocery store Campbell's soup cans
Campbell Soup Co. Targets Fiscal Q4 Stock Recovery (GIS)
Global food and beverage company Campbell Soup Co. (NYSE: CPB) reported solid earnings accompanied by raised guidance, but the market continued to sell off
General Mills (NYSE:GIS) Price Target Cut to $62.00
Massive July 4th Discount Inside
To celebrate this Independence Day, we've arranged a special deal for you... We've partnered with Behind the Markets to make sure YOU get access to an exclusive 90% off sale not being offered to the public.
General Mills (NYSE:GIS) PT Lowered to $67.00
General Mills (NYSE:GIS) Releases FY 2025 Earnings Guidance
See More Headlines

Company Calendar

Ex-Dividend for 5/1 Dividend
4/09/2024
Dividend Payable
5/01/2024
Last Earnings
6/26/2024
Today
7/04/2024
Ex-Dividend for 8/1 Dividend
7/10/2024
Dividend Payable
8/01/2024
Next Earnings (Estimated)
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
$70.00
High Stock Price Target
$90.00
Low Stock Price Target
$61.00
Potential Upside/Downside
+11.0%
Consensus Rating
Hold
Rating Score (0-4)
2.06
Research Coverage
18 Analysts

Profitability

Net Income
$2.50 billion
Pretax Margin
15.25%

Debt

Sales & Book Value

Annual Sales
$19.86 billion
Cash Flow
$5.67 per share
Book Value
$17.29 per share

Miscellaneous

Free Float
556,806,000
Market Cap
$35.20 billion
Optionable
Optionable
Beta
0.09

Social Links


GIS Stock Analysis - Frequently Asked Questions

Should I buy or sell General Mills stock right now?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last twelve months. There are currently 2 sell ratings, 13 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

18 Wall Street research analysts have issued 12-month price objectives for General Mills' stock. Their GIS share price targets range from $61.00 to $90.00. On average, they expect the company's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 11.0% 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 2024?

General Mills' stock was trading at $65.14 at the beginning of 2024. Since then, GIS shares have decreased by 3.2% and is now trading at $63.07.
View the best growth stocks for 2024 here
.

When is General Mills' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 18th 2024.
View our GIS earnings forecast
.

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) announced its quarterly earnings results on Wednesday, June, 26th. The company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.99 by $0.02. The business earned $4.71 billion during the quarter, compared to analyst estimates of $4.85 billion. General Mills had a trailing twelve-month return on equity of 26.56% and a net margin of 12.57%. General Mills's revenue was down 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.12 EPS.
Read the conference call transcript
.

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

General Mills announced a quarterly dividend on Wednesday, June 26th. Investors of record on Wednesday, July 10th will be paid a dividend of $0.60 per share on Thursday, August 1st. This represents a $2.40 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date is Wednesday, July 10th. This is a positive change from the stock's previous quarterly dividend of $0.59.
Read our dividend analysis for GIS
.

Is General Mills a good dividend stock?

General Mills (NYSE:GIS) pays an annual dividend of $2.36 per share and currently has a dividend yield of 3.74%. The dividend payout ratio is 54.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIS will have a dividend payout ratio of 49.68% 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 2025 earnings guidance on Wednesday, June, 26th. The company provided earnings per share guidance of 4.480-4.570 for the period, compared to the consensus estimate of 4.670. 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).

Who are General Mills' major shareholders?

General Mills' stock is owned by many different retail and institutional investors. Top institutional shareholders include GAMMA Investing LLC (0.00%), Kathmere Capital Management LLC (0.00%) and Massmutual Trust Co. FSB ADV (0.00%). Insiders that own company stock include Bethany C Quam, Dana M Mcnabb, Jacqueline Williams-Roll, Jeffrey L Harmening, Jodi J Benson, John G Morikis, Jonathon Nudi, Mark A Pallot, Richard C Allendorf, Sean N Walker, Shawn P Ogrady and Werner Lanette Shaffer.
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.

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
This page (NYSE:GIS) was last updated on 7/4/2024 by MarketBeat.com Staff

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