Should I buy or sell General Mills stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 2 sell ratings, 12 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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?

17 Wall Street analysts have issued 12-month target prices for General Mills' shares. Their GIS share price targets range from $61.00 to $90.00. On average, they predict the company's share price to reach $72.18 in the next year. This suggests a possible upside of 2.4% 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 on January 1st, 2024. Since then, GIS shares have increased by 8.2% and is now trading at $70.50. View the best growth stocks for 2024 here .

Are investors shorting General Mills?

General Mills saw a increase in short interest in March. As of March 31st, there was short interest totaling 15,520,000 shares, an increase of 12.7% from the March 15th total of 13,770,000 shares. Based on an average trading volume of 4,290,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.8% of the company's stock are sold short. View General Mills' Short Interest .

When is General Mills' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 26th 2024. View our GIS earnings forecast .

How were General Mills' earnings last quarter?

General Mills, Inc. (NYSE:GIS) posted its earnings results on Wednesday, March, 20th. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.12. The company had revenue of $5.10 billion for the quarter, compared to analyst estimates of $4.97 billion. General Mills had a net margin of 12.66% and a trailing twelve-month return on equity of 26.84%. General Mills's revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.97 earnings per share. 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 Tuesday, January 30th. Investors of record on Wednesday, April 10th will be paid a dividend of $0.59 per share on Wednesday, May 1st. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Tuesday, April 9th. 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 3.44%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIS will have a dividend payout ratio of 50.75% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for GIS .

What ETFs hold General Mills' stock?

ETFs with the largest weight of General Mills (NYSE:GIS) stock in their portfolio include First Trust Nasdaq Food & Beverage ETF (FTXG) , Fundamentals First ETF (KNOW) , BTD Capital Fund (DIP) , Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS) , Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS) , Morgan Dempsey Large Cap Value ETF (MDLV) , Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) and First Trust Consumer Staples AlphaDEX Fund (FXG) .

What guidance has General Mills issued on next quarter's earnings?

General Mills updated its FY 2024 earnings guidance on Wednesday, April, 10th. The company provided earnings per share (EPS) guidance of 4.470-4.520 for the period, compared to the consensus EPS 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 investors include Sumitomo Mitsui Trust Holdings Inc. (0.30%), Welch Group LLC (0.12%), Allspring Global Investments Holdings LLC (0.06%), ST Germain D J Co. Inc. (0.05%), CWM LLC (0.05%) and AMF Tjanstepension AB (0.03%). Insiders that own company stock include Bethany C Quam , Dana M Mcnabb , Jacqueline Williams-Roll , Jeffrey L Harmening , Jodi J Benson , John G Morikis, John R Church , Jonathon Nudi , Mark A Pallot , Richard C Allendorf , Sean N Walker and Shawn P Ogrady . 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: Annieâ€™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 LaticÃnios, 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

Lowest-Rated StocksLowest-Rated

NYSE:GIS

General Mills (GIS) Stock Price, News & Analysis

→ Strange new buyer driving up gold (From Stansberry Research) (Ad)

Free GIS Stock Alerts

$70.40

+1.31 (+1.90%)

(As of 03:33 PM ET)

Compare

Today's Range: $69.08
▼
$70.65
50-Day Range: $62.34
▼
$70.57
52-Week Range: $60.33
▼
$90.89

Volume: 2.37 million shs
Average Volume: 4.27 million shs
Market Capitalization: $39.98 billion

P/E Ratio: 16.15
Dividend Yield: 3.35%
Price Target: $72.18

Get General Mills alerts:

General Mills MarketRank™ Stock Analysis

Analyst Rating: Hold
2.06 Rating Score
Upside/Downside: 2.4% Upside
$72.18 Price Target
Short Interest: Healthy
2.76% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.28
Upright™ Environmental Score
News Sentiment: 0.60
Based on 18 Articles This Week
Insider Trading: Selling Shares
$5.06 M Sold Last Quarter
Proj. Earnings Growth: 3.10%
From $4.51 to $4.65 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.

4.02 out of 5 stars

Consumer Staples Sector

39th out of 136 stocks

Grain Mill Products Industry

3rd out of 6 stocks

2.0

Analyst's Opinion

Consensus Rating
General Mills has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 3 buy ratings, 12 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
General Mills has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.76% 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 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in General Mills has recently increased by 12.71%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
General Mills pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
General Mills has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of General Mills is 54.13%. 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 50.75% next year. This indicates that General Mills will be able to sustain or increase its dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
General Mills has received a 16.07% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Pasta", "Ready meals", and "Yoghurt" products. See details.
Environmental Sustainability
The Environmental Impact score for General Mills is -3.28.

2.6

News and Social Media Coverage

News Sentiment
General Mills has a news sentiment score of 0.60. 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 18 news articles for General Mills this week, compared to 14 articles on an average week.
Search Interest
Only 29 people have searched for GIS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
33 people have added General Mills to their MarketBeat watchlist in the last 30 days. This is an increase of 120% compared to the previous 30 days.

2.5

Company Ownership

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 $5,057,820.00 in company stock.
Percentage Held by Insiders
Only 0.24% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for General Mills are expected to grow by 3.10% in the coming year, from $4.51 to $4.65 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of General Mills is 16.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.49.
Price to Earnings Ratio vs. Sector
The P/E ratio of General Mills is 16.17, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.77.
Price to Earnings Growth Ratio
General Mills has a PEG Ratio of 2.36. 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 4.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Stansberry Research

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

But there's a much better move you can make to get in front of these big moves today.

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

30 days | 90 days | 365 days | Advanced Chart

GIS Stock News Headlines

April 18, 2024 | marketbeat.com

Comprehensive PepsiCo Stock Analysis (GIS)

PepsiCo is a blue-chip dividend payer with growth in the forecast. Growth for its business and growth for capital returns which include share buybacks.

April 11, 2024 | marketbeat.com

3 High-Yield Stocks In Rebound Mode: How High Can They Go?

General Mills NYSE: GIS, WK Kellogg NYSE: KLG and Conagra NYSE: CAG are among the stocks with the lowest ratings tracked by Marketbeat. Their analysts are more pessimistic than most other stocks the platform tracks, yet they are rebounding because their industry and businesses are on track to pivot this year.

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

April 11, 2024 | marketbeat.com

3 High-Yield Stocks In Rebound Mode: How High Can They Go?

These consumer staples stocks were beaten up in 2023 but bottomed and are on track to complete reversals and trend higher in 2024.

March 27, 2024 | insidertrades.com

General Mills, Inc. (NYSE:GIS) Insider Sells $692,100.00 in Stock

March 20, 2024 | marketbeat.com

General Mills Stock Price Reversal Gains Momentum on Good News

General Mills NYSE: GIS stock made a hasty retreat in 2023 as peak inflation, growth and margin fears undercut the market, but now a complete reversal is in play. The company's FQ3 results are better than expected, highlighting the deep-value, high-yield opportunity it presents.

March 20, 2024 | marketbeat.com

General Mills Stock Price Reversal Gains Momentum on Good News

General Mills had a solid quarter, with revenue and margin outperforming expectations. Guidance was reaffirmed for the year; Capital returns are robust.

April 19, 2024 | finance.yahoo.com

General Mills (NYSE:GIS) Is Looking To Continue Growing Its Returns On Capital

April 19, 2024 | Stansberry Research (Ad)

Strange new buyer driving up gold

One Wall Street trader just made a big new gold prediction: "Pay attention to physical demand for gold... the interest seen over the last week has been unprecedented."

April 18, 2024 | businesswire.com

General Mills Stands for People and Planet in 2024 Global Responsibility Report

April 17, 2024 | msn.com

General Mills opens state-of-the-art distribution center

April 17, 2024 | msn.com

General Mills opens 1.3 million square-foot distribution center in Belvidere

April 16, 2024 | msn.com

General Mills to offer special edition TXT cereal boxes

April 16, 2024 | businesswire.com

General Mills Unveils Limited-Edition, Collectible Cereal Boxes Featuring Gen Z Icons TOMORROW X TOGETHER

April 16, 2024 | bizjournals.com

Local chef's Korean biscuit dogs vie for $20,000 General Mills prize

April 15, 2024 | gurufocus.com

Unveiling General Mills (GIS)'s Value: Is It Really Priced Right? A Comprehensive Guide

April 15, 2024 | businesswire.com

Wheaties™ Pushes the Limits of Breakfast with Highest Protein Offering in Cereal Category: Wheaties Protein

April 13, 2024 | americanbankingnews.com

General Mills, Inc. (NYSE:GIS) Given Consensus Rating of "Hold" by Brokerages

April 9, 2024 | msn.com

General Mills goes ex dividend today

April 9, 2024 | americanbankingnews.com

General Mills Target of Unusually High Options Trading (NYSE:GIS)

April 3, 2024 | bizjournals.com

Valspar, Land O'Lakes, General Mills among Minnesota's most trustworthy companies, Newsweek says

April 3, 2024 | financialpost.com

General Mills Canada elevates its support for sport in Canada with new Canadian Paralympic Committee sponsorship

April 2, 2024 | markets.businessinsider.com

Analysts Offer Insights on Consumer Goods Companies: General Mills (GIS) and Performance Food Group (PFGC)

March 29, 2024 | finance.yahoo.com

General Mills (NYSE:GIS) shareholders have earned a 10% CAGR over the last five years

March 26, 2024 | investing.com

General Mills executive sells shares worth over $692k

March 25, 2024 | fool.com

General Mills (GIS) Q3 2024 Earnings Call Transcript

March 22, 2024 | benzinga.com

These 3 Risk Off Stocks With Over 3% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - General Mills (NYSE:GIS), Coca-Cola (NYSE:KO)

See More Headlines

Receive GIS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for General Mills and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 2/1 Dividend: 1/09/2024
Dividend Payable: 2/01/2024
Last Earnings: 3/20/2024
Ex-Dividend for 5/1 Dividend: 4/09/2024
Today: 4/19/2024
Dividend Payable: 5/01/2024
Fiscal Year End: 5/31/2024
Next Earnings (Estimated): 6/26/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Staples
Industry: Grain mill products
Sub-Industry: Packaged Foods & Meats
Current Symbol: NYSE:GIS
CUSIP: 37033410
CIK: 40704
Web: www.generalmills.com
Phone: (763) 764-7600
Fax: 763-764-8330
Employees: 34,000
Year Founded: 1928

Price Target and Rating

Average Stock Price Target: $72.18
High Stock Price Target: $90.00
Low Stock Price Target: $61.00
Potential Upside/Downside: +4.5%
Consensus Rating: Hold
Rating Score (0-4): 2.06
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.36
Trailing P/E Ratio: 15.85
Forward P/E Ratio: 15.32
P/E Growth: 2.34
Net Income: $2.59 billion
Net Margins: 12.66%
Pretax Margin: 15.31%
Return on Equity: 26.84%
Return on Assets: 8.71%

Debt

Debt-to-Equity Ratio: 1.14
Current Ratio: 0.66
Quick Ratio: 0.40

Sales & Book Value

Annual Sales: $20.09 billion
Price / Sales: 1.95
Cash Flow: $5.45 per share
Price / Cash Flow: 12.67
Book Value: $17.07 per share
Price / Book: 4.05

Miscellaneous

Outstanding Shares: 567,900,000
Free Float: 566,537,000
Market Cap: $39.24 billion
Optionable: Optionable
Beta: 0.15

Social Links

13 Stocks Institutional Investors Won't Stop Buying

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

Mr. Jeffrey L. Harmening (Age 57)
Chairman & CEO
Comp: $5.21M
Mr. Kofi A. Bruce (Age 53)
CFO and Interim Chief Strategy & Growth Officer
Comp: $2.16M
Ms. Karen Wilson Thissen (Age 57)
General Counsel & Corporate Secretary
Comp: $1.84M
Mr. Jonathon J. Nudi (Age 54)
Group President of Pet & International and North America Foodservice (NAF)
Comp: $2.65M
Mr. Jaime Montemayor (Age 59)
Chief Digital & Technology Officer
Comp: $1.76M
Mr. Mark A. Pallot (Age 50)
VP & Chief Accounting Officer
Ms. Lanette Shaffer Werner (Age 52)
Chief Innovation, Technology & Quality (ITQ) Officer
Jeff Siemon
Vice President of Investor Relations
Mr. Jano Cabrera (Age 49)
Chief Communications Officer
Ms. Jacqueline R. Williams-Roll (Age 55)
Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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. has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
The company's diverse product portfolio, including popular brands like Cheerios, Yoplait, and Nature Valley, provides stability and resilience in various market conditions.
General Mills, Inc. has a history of paying dividends to its shareholders, offering a potential income stream for investors.
Recent cost-saving initiatives and operational efficiencies have positively impacted the company's profitability.
The current stock price of General Mills, Inc. is trading at an attractive valuation compared to its industry peers, presenting a potential value investment opportunity.

Cons

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

General Mills, Inc. faces intense competition in the packaged foods industry, which could impact its market share and margins.
Fluctuations in commodity prices, especially for key ingredients like grains and dairy, can affect the company's production costs and profitability.
Changing consumer preferences towards healthier and organic food options may require General Mills, Inc. to adapt its product offerings, potentially leading to increased expenses.
Global economic uncertainties and trade tensions could impact General Mills, Inc.'s international operations and revenue streams.
Regulatory changes related to food safety standards and labeling requirements may increase compliance costs for General Mills, Inc.

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 Thursday, April 11, 2024. Please send any questions or comments about these General Mills pros and cons to contact@marketbeat.com.

GIS Stock Analysis - Frequently Asked Questions

Should I buy or sell General Mills stock right now?: 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for General Mills in the last year. There are currently 2 sell ratings, 12 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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?: 17 Wall Street analysts have issued 12-month target prices for General Mills' shares. Their GIS share price targets range from $61.00 to $90.00. On average, they predict the company's share price to reach $72.18 in the next year. This suggests a possible upside of 2.4% 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 on January 1st, 2024. Since then, GIS shares have increased by 8.2% and is now trading at $70.50.
View the best growth stocks for 2024 here.
Are investors shorting General Mills?: General Mills saw a increase in short interest in March. As of March 31st, there was short interest totaling 15,520,000 shares, an increase of 12.7% from the March 15th total of 13,770,000 shares. Based on an average trading volume of 4,290,000 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.8% of the company's stock are sold short.
View General Mills' Short Interest.
When is General Mills' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 26th 2024.
View our GIS earnings forecast.
How were General Mills' earnings last quarter?: General Mills, Inc. (NYSE:GIS) posted its earnings results on Wednesday, March, 20th. The company reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.12. The company had revenue of $5.10 billion for the quarter, compared to analyst estimates of $4.97 billion. General Mills had a net margin of 12.66% and a trailing twelve-month return on equity of 26.84%. General Mills's revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.97 earnings per share.
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 Tuesday, January 30th. Investors of record on Wednesday, April 10th will be paid a dividend of $0.59 per share on Wednesday, May 1st. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Tuesday, April 9th.
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 3.44%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GIS will have a dividend payout ratio of 50.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GIS.

What ETFs hold General Mills' stock?: ETFs with the largest weight of General Mills (NYSE:GIS) stock in their portfolio include First Trust Nasdaq Food & Beverage ETF (FTXG), Fundamentals First ETF (KNOW), BTD Capital Fund (DIP), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), Invesco S&P 500 Equal Weight Consumer Staples ETF (RSPS), Morgan Dempsey Large Cap Value ETF (MDLV), Franklin U.S. Low Volatility High Dividend Index ETF (LVHD) and First Trust Consumer Staples AlphaDEX Fund (FXG).
What guidance has General Mills issued on next quarter's earnings?: General Mills updated its FY 2024 earnings guidance on Wednesday, April, 10th. The company provided earnings per share (EPS) guidance of 4.470-4.520 for the period, compared to the consensus EPS 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 investors include Sumitomo Mitsui Trust Holdings Inc. (0.30%), Welch Group LLC (0.12%), Allspring Global Investments Holdings LLC (0.06%), ST Germain D J Co. Inc. (0.05%), CWM LLC (0.05%) and AMF Tjanstepension AB (0.03%). Insiders that own company stock include Bethany C Quam, Dana M Mcnabb, Jacqueline Williams-Roll, Jeffrey L Harmening, Jodi J Benson, John G Morikis, John R Church, Jonathon Nudi, Mark A Pallot, Richard C Allendorf, Sean N Walker and Shawn P Ogrady.
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: Annieâ€™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 LaticÃnios, 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 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

General Mills (GIS) Stock Price, News & Analysis

General Mills MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About General Mills Stock (NYSE:GIS)

GIS Stock Price History

GIS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

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

Pros

Cons

GIS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™