General Mills (GIS) Projected to Post Earnings on Wednesday

General Mills (NYSE:GIS) is expected to release its Q3 2026 Prepared Remarks results before the market opens on Wednesday, March 18th. Analysts expect the company to announce earnings of $0.84 per share and revenue of $4.5274 billion for the quarter. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Investors may review the information on the company’s upcoming Q3 2026 Prepared Remarks earning report for the latest details on the call scheduled for Wednesday, March 18, 2026 at 8:00 AM ET.

General Mills (NYSE:GIS) last released its quarterly earnings data on Wednesday, December 17th. The company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.07. The business had revenue of $4.86 billion during the quarter, compared to analyst estimates of $4.78 billion. General Mills had a net margin of 13.51% and a return on equity of 21.41%. General Mills’s quarterly revenue was down 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.40 EPS. On average, analysts expect General Mills to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

General Mills Price Performance

NYSE GIS opened at $42.33 on Wednesday. The company has a market cap of $22.59 billion, a P/E ratio of 9.10 and a beta of -0.05. The company has a fifty day simple moving average of $45.36 and a 200 day simple moving average of $47.20. General Mills has a 1 year low of $42.27 and a 1 year high of $64.95. The company has a current ratio of 0.66, a quick ratio of 0.39 and a debt-to-equity ratio of 1.30.

General Mills Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a dividend of $0.61 per share. The ex-dividend date is Friday, April 10th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 5.8%. General Mills’s payout ratio is currently 52.47%.

Insider Activity

In other news, insider Paul Joseph Gallagher sold 1,500 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $48.15, for a total value of $72,225.00. Following the sale, the insider directly owned 48,568 shares of the company’s stock, valued at approximately $2,338,549.20. This represents a 3.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.30% of the company’s stock.

Institutional Trading of General Mills

Several institutional investors and hedge funds have recently bought and sold shares of the business. Zions Bancorporation National Association UT boosted its stake in shares of General Mills by 248.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 630 shares of the company’s stock worth $29,000 after acquiring an additional 449 shares during the period. Binnacle Investments Inc raised its stake in General Mills by 312.5% in the 3rd quarter. Binnacle Investments Inc now owns 660 shares of the company’s stock valued at $33,000 after acquiring an additional 500 shares during the period. Kelleher Financial Advisors bought a new stake in General Mills in the 3rd quarter valued at $34,000. Ancora Advisors LLC lifted its holdings in General Mills by 124.9% during the 3rd quarter. Ancora Advisors LLC now owns 875 shares of the company’s stock valued at $44,000 after purchasing an additional 486 shares during the last quarter. Finally, Jessup Wealth Management Inc bought a new position in General Mills during the fourth quarter worth $52,000. Institutional investors own 75.71% of the company’s stock.

Analyst Upgrades and Downgrades

GIS has been the topic of several analyst reports. Sanford C. Bernstein lowered their price objective on General Mills from $53.00 to $48.00 and set a “market perform” rating on the stock in a research note on Wednesday, February 18th. Royal Bank Of Canada set a $63.00 price target on shares of General Mills and gave the company an “outperform” rating in a research note on Wednesday, December 17th. TD Cowen lowered their price objective on General Mills from $47.00 to $45.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Wells Fargo & Company cut their price target on General Mills from $49.00 to $45.00 and set an “equal weight” rating on the stock in a research note on Wednesday, February 18th. Finally, Piper Sandler reduced their price objective on shares of General Mills from $60.00 to $53.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 18th. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $50.42.

General Mills Company Profile

General Mills, Inc (NYSE: GIS) is a multinational consumer foods company that develops, manufactures and markets a broad portfolio of branded food products. Its product categories include ready-to-eat and hot cereals, baking mixes and ingredients, snacks and bars, refrigerated and frozen doughs, yogurt and other dairy products, and a variety of shelf-stable meals and meal components. The company’s portfolio features widely recognized consumer brands across grocery store, mass channel and foodservice outlets.

Founded in the early 20th century and incorporated under its current name in 1928, General Mills has grown through both internal brand development and strategic expansion to become a global food company.