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General Mills, Inc. (GIS)

Stock Price: $59.32 USD -0.08 (-0.13%)
Updated Jul 26, 2021 4:00 PM EDT - Market closed
After-hours: $59.25 -0.07 (-0.12%) Jul 26, 7:13 PM
Market Cap 36.14B
Revenue (ttm) 18.13B
Net Income (ttm) 2.34B
Shares Out 609.97M
EPS (ttm) 3.78
PE Ratio 15.69
Forward PE 15.87
Dividend $2.02
Dividend Yield 3.41%
Trading Day July 26
Last Price $59.32
Previous Close $59.40
Change ($) -0.08
Change (%) -0.13%
Day's Open 59.34
Day's Range 59.21 - 59.64
Day's Volume 2,171,744
52-Week Range 53.51 - 64.65

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When General Mills bought Blue Buffalo, investors weren't pleased. That acquisition looks like a winner today, but the company isn't done yet.

3 days ago - The Motley Fool

Quinn Foods, launched over a decade ago to reinvent traditional savory snacks with better-for-you ingredients and sustainable farming practices, has closed a $10 million series B funding round led by Ne...

5 days ago - Forbes

The Zacks Food-Miscellaneous industry is facing headwinds surrounding at-home demand moderation. Nevertheless, portfolio growth efforts have been aiding Mondelez (MDLZ), The J.M.

Other stocks mentioned: CAG, CPB, DAR, K, KHC, LW, MDLZ ...
1 week ago - Zacks Investment Research

General Mills (GIS) has been benefiting from its Accelerate strategy, which helps it make choices of how to win and where to play. However, management expects input cost inflation in fiscal 2022.

1 week ago - Zacks Investment Research

Recently, I took a look back at some comments the Oracle of Omaha, Warren Buffett (Trades, Portfolio), made regarding inflation back in 1977.

Other stocks mentioned: KO, MPW, MSFT, NVDA, PEP, PG
1 week ago - GuruFocus

General Mills (GIS) acquires Tyson Foods' pet treats business for $1.2 billion to fortify its Pet platform. The company takes over Tyson Foods' Independence, IA production unit.

2 weeks ago - Zacks Investment Research

MINNEAPOLIS--(BUSINESS WIRE)--General Mills (NYSE: GIS) today announced that it has completed the acquisition of Tyson Foods' (NYSE: TSN) pet treats business for $1.2 billion in cash. The business, whic...

Other stocks mentioned: TSN
2 weeks ago - Business Wire

As more people get vaccinated across the country and restrictions on large gatherings are lifted, consumers are looking forward to cooking out and watching firework displays to celebrate Independence Day.

Other stocks mentioned: MKC, MNST, PEP, TSN
3 weeks ago - GuruFocus

More and more professional investors seem to be leaving behind their inflation fears due to repeated reassurances from the Federal Reserve that any and all inflationary pressures are due to temporary su...

3 weeks ago - GuruFocus

The maker of the "magically delicious cereal" told investors Wednesday that the company expects to see inflation running at a lofty 7% this year.

3 weeks ago - CNBC

Was it just a one-time demand spike for the snack and cereal business?

3 weeks ago - The Motley Fool

General Mills' (GIS) fourth-quarter fiscal 2021 results reflect lower earnings and sales due to tough comparisons with the year-ago period's demand surge.

3 weeks ago - Zacks Investment Research

The great post-pandemic food reversion is underway, where consumers are doing a lot more dining out and celebrating, and a lot less panic-eating Lucky Charms in the kitchen at 2 a.m. than they were a ye...

3 weeks ago - PYMNTS

General Mills ( GIS , Financial) released its fiscal fourth-quarter 2021 results before the market opened on June 30. The maker of Cheerios and other cereal and shelf-stable products posted strong resul...

3 weeks ago - GuruFocus

The trend of humanization and growth of e-commerce are driving the pet care space. Tractor Supply (TSCO), Chewy (CHWY), Colgate (CL), Spectrum Brands (SPB) and General Mills (GIS) remain big gainers.

Other stocks mentioned: CHWY, CL, SPB, TSCO
3 weeks ago - Zacks Investment Research

General Mills Inc (NYSE: GIS) reported fourth-quarter FY21 sales of $4.5 billion, down 10% year-on-year, beating the consensus estimate of $4.36 billion. Sales in the North American retail segment decre...

3 weeks ago - Benzinga

Shares of General Mills (NYSE:GIS) moved higher by 0.7% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were down 17.27% over the past year to $0.91, wh...

3 weeks ago - Benzinga

MINNEAPOLIS--(BUSINESS WIRE)--General Mills (NYSE: GIS) today reported results for the fourth quarter and fiscal year ended May 30, 2021. Fiscal 2021 results reflect the impact of one fewer week compare...

3 weeks ago - Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--The General Mills Board of Directors has declared a quarterly dividend at the prevailing rate of $0.51 per share, payable August 2, 2021, to shareholders of record as of Ju...

3 weeks ago - Business Wire

With the end of the second calendar quarter of 2021 colliding with the Independence Day holiday, the focus on earnings reports won't really begin until the week of July 12, when the country's largest ba...

Other stocks mentioned: MU, WBA, BBBY, STZ, STZ.B
3 weeks ago - 24/7 Wall Street

General Mills' (GIS) fourth-quarter fiscal 2021 results are likely to see tough comparisons with the year-ago period's stockpiling and high input costs. However, focus on core strategies bodes well.

4 weeks ago - Zacks Investment Research

A number of influential Canadian companies post earnings reports in the coming days. They're included in our seven to watch this week.

Other stocks mentioned: AMZN, BBBY, MU, SJR, STZ, WBA
4 weeks ago - InvestorPlace

General Mills (GIS) doesn't possess 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

These three pet stocks will help investors cash in on dividends amidst the growing pet care sector. Here's what you need to know.

Other stocks mentioned: CL, PETS
1 month ago - InvestorPlace

General Mills has thrived amid the coronavirus pandemic with people worldwide eating more at home over the past year, but the company is downsizing its workforce as part of a push to reshape itself for ...

1 month ago - Fox Business

MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) plans to report results for its fiscal 2021 fourth quarter and full year on June 30, 2021. A press release, pre-recorded management remarks ...

1 month ago - Business Wire

General Mills' venture capital arm, 301 INC, will move into a newly formed “disruptive growth” team on July 1st, led by Doug Martin, who has served as president of the company's diary operating division...

1 month ago - Forbes

The Dow Jones jumped 200 points, the S&P 500 rose 0.3%, and the Nasdaq was roughly flat. Meanwhile, Q.ai's deep learning algorithms have dug up the data on today's top buys.

1 month ago - Forbes

MINNEAPOLIS--(BUSINESS WIRE)--This Memorial Day weekend is extra special for many, it is not just the official start of grilling season, but also the first time that many friends and families will be ga...

1 month ago - Business Wire

General Mills' (GIS) to acquire Tyson Foods' pet treats business by first-quarter fiscal 2022. The acquisition is in tandem with its Accelerate strategy.

Other stocks mentioned: TSN
2 months ago - Zacks Investment Research

MINNEAPOLIS--(BUSINESS WIRE)--General Mills (NYSE: GIS) will webcast its upcoming presentation at the BMO Global Farm to Market Conference on Thursday, May 20, 2021, at 1:40 PM CT. Jeff Harmening, Gener...

2 months ago - Business Wire

General Mills is purchasing Tyson Foods' pet treats division for $1.2 billion as the food giant bulks up its pet-related offerings in an era of increased dog and cat adoption. The company acquired Blue ...

2 months ago - PYMNTS

Some 12 million American households adopted a pet since the start of the pandemic.

Other stocks mentioned: TSN
2 months ago - Forbes

(Reuters) -General Mills Inc said on Friday it would buy Tyson Foods Inc's pet treats business for $1.2 billion in cash, as the cereal maker builds its pet food portfolio.

Other stocks mentioned: TSN
2 months ago - Reuters

MINNEAPOLIS--(BUSINESS WIRE)--General Mills (NYSE: GIS) today announced that it has entered into a definitive agreement to acquire Tyson Foods' (NYSE: TSN) pet treats business for $1.2 billion in cash i...

Other stocks mentioned: TSN
2 months ago - Business Wire

Beyond Meat and two other food stocks are great defensive stocks to buy and hold as myopic investors "sell in May and go away."

Other stocks mentioned: BYND, PEP
2 months ago - The Motley Fool

MINNEAPOLIS--(BUSINESS WIRE)--General Mills, Inc. (NYSE: GIS) plans to webcast its first-ever ESG investor event virtually on May 25, 2021, including a pre-recorded presentation and a live question and ...

3 months ago - Business Wire

Why packaged food stocks should not be counted out

YouTube video

Yahoo Finance's Brian Sozzi breaks down why packaged foods are booming amid the pandemic and outlook for food stocks.

Other stocks mentioned: CPB, K, KHC
3 months ago - Yahoo Finance

General Mills (GIS) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

MINNEAPOLIS--(BUSINESS WIRE)--General Mills Makes Meaningful Global Responsibility Progress to Shape the Future

3 months ago - Business Wire

MINNEAPOLIS--(BUSINESS WIRE)--General Mills Becomes First U.S. CPG Company to Enter Into a Sustainability-Linked Revolving Credit Facility

3 months ago - Business Wire

General Mills' (GIS) venture capital arm 301 INC unveils plans of a multistage investment up to $20 million in Pots & Co.

3 months ago - Zacks Investment Research

MINNEAPOLIS--(BUSINESS WIRE)--301 INC, the venture capital arm of General Mills, is leading a multistage investment of up to $20 million in Pots & Co, in partnership with other investors. Pots & Co, the...

3 months ago - Business Wire

General Mills (GIS) is benefiting from increased pandemic-led demand and strength in Accelerate strategy. However, high input costs and softness in the Convenience & Foodservice segment are concerns.

3 months ago - Zacks Investment Research

Shares of the diversified food maker rose along with those of peers, and we saw why as the month drew to a close.

3 months ago - The Motley Fool

Denise Lee Yohn, the author of the book "What Great Brands Do," spoke with Ad Age's Jessica Wohl about the unusual story of an individual finding what looked like shrimp tails in his box of Cinnamon Toa...

3 months ago - Benzinga

There's a lot to like about this packaged foods specialist.

4 months ago - The Motley Fool

General Mills CEO talks Q3 earnings miss, food inflation, and outlook for the company

YouTube video

Yahoo Finance's Julie Hyman and Brian Sozzi spoke with General Mills CEO Jeff Harmening about the company's latest earnings report, industry trends, and outlook.

4 months ago - Yahoo Finance

Jensen Karp is a name few have heard of before, but his story of finding shrimp tails in a box of Cinnamon Toast Crunch and has now been publicly addressed by General Mills, Inc. (NYSE: GIS) CEO Jeff Ha...

4 months ago - Benzinga

General Mills (NYSE:GIS) released its fiscal third-quarter 2021 results before the market opened on March 24. The maker of Cheerios and other cereal and shelf-stable products posted mixed results, with ...

4 months ago - GuruFocus

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... [Read more...]

Industry
Packaged Foods
Founded
1866
CEO
Jeffrey Harmening
Employees
35,000
Stock Exchange
NYSE
Ticker Symbol
GIS
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 Forecasts

According to 21 analysts, the average rating for General Mills stock is "Hold." The 12-month stock price forecast is 63.41, which is an increase of 6.89% from the latest price.

Price Target
$63.41
(6.89% upside)
Analyst Consensus: Hold