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General Mills, Inc. (GIS)

NYSE: GIS · IEX Real-Time Price · USD
62.49 -0.22 (-0.35%)
Oct 21, 2021 4:00 PM EDT - Market closed
Market Cap37.37B
Revenue (ttm)18.30B
Net Income (ttm)2.33B
Shares Out607.21M
EPS (ttm)3.77
PE Ratio16.58
Forward PE16.39
Dividend$2.04 (3.26%)
Ex-Dividend DateOct 7, 2021
Volume2,090,789
Open62.84
Previous Close62.71
Day's Range62.16 - 62.90
52-Week Range53.07 - 64.12
Beta0.50
AnalystsHold
Price Target63.78 (+2.1%)
Est. Earnings DateDec 16, 2021

About GIS

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 produ...

IndustryFood Products
Founded1866
CEOJeffrey Harmening
Employees35,000
Stock ExchangeNYSE
Ticker SymbolGIS
Full Company Profile

Financial Performance

In 2021, General Mills's revenue was $18.13 billion, an increase of 2.84% compared to the previous year's $17.63 billion. Earnings were $2.34 billion, an increase of 7.27%.

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for General Mills stock is "Hold." The 12-month stock price forecast is 63.78, which is an increase of 2.06% from the latest price.

Price Target
$63.78
(2.06% upside)
Analyst Consensus: Hold

News

Stock Wars: General Mills Vs. Kellogg Company

Benzinga's weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment. This week, the duel is between a pair of companies in ...

Other symbols:K
1 day ago - Benzinga

General Mills (GIS) Gains on Accelerate Strategy & Pet Unit

General Mills (GIS) focuses on the Accelerate strategy to boost profitability and enhance shareholders' returns in the long run. The company's Pet segment sales are a driver.

2 days ago - Zacks Investment Research

GIS vs. LW: Which Stock Should Value Investors Buy Now?

GIS vs. LW: Which Stock Is the Better Value Option?

Other symbols:LW
6 days ago - Zacks Investment Research

General Mills (GIS) Is Wholesome … On Several Counts

Strong ESG performance, stability and dependable dividends build a compelling case for keeping General Mills on your watch list.

1 week ago - Kiplinger

These High-Dividend Defensive Stocks Could Protect Against Inflation

Inflation in the U.S. is turning out to be a lot higher and more persistent than originally expected. Earlier this year, it seemed like the majority of market analysts were telling everyone the same thi...

Other symbols:CAGKNWL
1 week ago - GuruFocus

General Mills Becomes First U.S. Investment Grade Consumer Packaged Goods Company to Execute a Sustainability-Linked ...

MINNEAPOLIS--(BUSINESS WIRE)--General Mills Becomes First U.S. Investment Grade Consumer Packaged Goods Company to Execute a Sustainability-Linked Bond

2 weeks ago - Business Wire

General Mills and Meijer Bring the Tailgate Home With First-Ever Virtual Tailgating Experience

MINNEAPOLIS--(BUSINESS WIRE)--General Mills is introducing a new way to be part of a tailgate with the launch of the very first virtual “homegate” through its Tailgate Nation program. The new experience...

2 weeks ago - Business Wire

Tech sector leads market declines

CNBC's Mike Santoli and Ally Chief Investment Strategist Lindsey Bell join Closing Bell to discuss today's markets and why investors are seeing another decline.

Other symbols:DRI
2 weeks ago - CNBC Television

A pantry pick, a deal undone and a superhero settlement

Citi upgrades shares of General Mills to Buy, Zoom & Five9 abandon their $14.7 billion merger and Scarlett Johansson and Disney settle her 'Black Widow' lawsuit.

2 weeks ago - CNBC Television

3 Food Stocks to Satisfy Your Hunger for Income

Food stocks offer consistent growth and market-beating yields. They can also help balance growth-orientated portions of a portfolio.

Other symbols:FLOMDLZ
3 weeks ago - InvestorPlace

General Mills' Box Tops for Education and Yoplait Help Fill the Funding Gap for Two Los Angeles-Area Schools

MINNEAPOLIS--(BUSINESS WIRE)--General Mills' Box Tops for Education and Yoplait Help Fill the Funding Gap for Two Los Angeles-Area Schools

3 weeks ago - Business Wire

General Mills Quarterly Dividend Declared

MINNEAPOLIS--(BUSINESS WIRE)--The General Mills Board of Directors today declared a quarterly dividend at the prevailing rate of $0.51 per share, payable November 1, 2021, to shareholders of record as o...

3 weeks ago - Business Wire

General Mills' Investor Presentation: 3 Big Takeaways

The packaged-food giant lifted its outlook after a strong start to the new fiscal year.

3 weeks ago - The Motley Fool

Should I buy General Mills shares after the company reported strong FQ1 results?

General Mills, Inc. (NYSE: GIS) shares have advanced again above $60 resistance after the company reported better than expected first fiscal quarter results last week, while the company's management rem...

3 weeks ago - Invezz

General Mills warns of major price increases

Evercore ISI senior managing director David Palmer joins The Exchange with his reaction to General Mills' announcement today that they're expecting to increase prices across the board. "For General Mill...

4 weeks ago - CNBC Television

General Mills Q1 Earnings Top Estimates

General Mills Inc (NYSE: GIS) reported first-quarter FY22 net sales growth of 4% year-on-year, to $4.54 billion, beating the analyst consensus of $4.29 billion. North America Retail segment sales declin...

4 weeks ago - Benzinga

General Mills' (GIS) Q1 Earnings Top Estimates, Sales Up Y/Y

General Mills' (GIS) first-quarter fiscal 2022 results reflect higher sales driven by solid performance across most segments. However, earnings decline year over year.

4 weeks ago - Zacks Investment Research

General Mills (GIS) Q1 Earnings and Revenues Top Estimates

General Mills (GIS) delivered earnings and revenue surprises of 12.50% and 4.31%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?

4 weeks ago - Zacks Investment Research

2 Dividend Stocks I'll Hold Forever

I bought these two dividend payers when they looked unloved, and now I'd be loath to let them go. Here's why.

Other symbols:HRL
4 weeks ago - The Motley Fool

Cheerios-owner General Mills beats quarterly sales estimates

Cheerios maker General Mills Inc reported better-than-expected first-quarter sales on Wednesday, as strong growth in its pet foods business cushioned a slowdown in demand for its cooking sauces and baki...

4 weeks ago - Reuters

General Mills Reports Fiscal 2022 First-Quarter Results

MINNEAPOLIS--(BUSINESS WIRE)--General Mills (NYSE: GIS) today reported results for the first quarter ended August 29, 2021. “I'm proud of the way our team is performing in a dynamic and challenging oper...

4 weeks ago - Business Wire

General Mills's Earnings Outlook

GIS is set to give its latest quarterly earnings report on Wednesday , 2021-09-22. Here's what investors need to know before the announcement.

1 month ago - Benzinga

Is a Surprise Coming for General Mills (GIS) This Earnings Season?

General Mills (GIS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

General Mills (GIS) to Post Q1 Earnings: What's in the Cards?

General Mills' (GIS) first-quarter fiscal 2021 performance is likely to reflect higher input cost inflation. Nevertheless, the company's Pet business is expected to remain sturdy.

1 month ago - Zacks Investment Research

General Mills (GIS) Expected to Beat Earnings Estimates: Should You Buy?

General Mills (GIS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research