General Mills Q4 EPS Estimate Increased by Zacks Research

General Mills, Inc. (NYSE:GISFree Report) – Analysts at Zacks Research boosted their Q4 2026 EPS estimates for shares of General Mills in a research report issued on Thursday, March 26th. Zacks Research analyst Team now forecasts that the company will earn $0.83 per share for the quarter, up from their prior estimate of $0.76. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for General Mills’ current full-year earnings is $4.36 per share. Zacks Research also issued estimates for General Mills’ Q2 2027 earnings at $1.08 EPS, Q2 2028 earnings at $1.11 EPS and FY2028 earnings at $3.34 EPS.

General Mills (NYSE:GISGet Free Report) last announced its quarterly earnings results on Wednesday, March 18th. The company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.09). The firm had revenue of $4.44 billion during the quarter, compared to the consensus estimate of $4.53 billion. General Mills had a net margin of 12.05% and a return on equity of 19.19%. The firm’s revenue for the quarter was down 8.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.12 earnings per share.

GIS has been the topic of a number of other reports. Sanford C. Bernstein decreased their target price 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. Piper Sandler cut their price objective on General Mills from $53.00 to $45.00 and set an “overweight” rating for the company in a report on Thursday, March 19th. Mizuho decreased their price objective on shares of General Mills from $47.00 to $39.00 and set a “neutral” rating on the stock in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $51.00 target price on shares of General Mills in a research note on Thursday, December 18th. Finally, The Goldman Sachs Group dropped their target price on shares of General Mills from $47.00 to $40.00 and set a “neutral” rating for the company in a research report on Thursday, March 19th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $44.61.

Check Out Our Latest Research Report on GIS

General Mills Price Performance

NYSE:GIS opened at $36.45 on Monday. The firm has a market capitalization of $19.45 billion, a price-to-earnings ratio of 8.91 and a beta of -0.05. General Mills has a 52-week low of $35.63 and a 52-week high of $62.61. The stock has a fifty day moving average of $43.56 and a 200 day moving average of $46.13. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.36 and a current ratio of 0.56.

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 annualized dividend and a dividend yield of 6.7%. General Mills’s dividend payout ratio is 59.66%.

Institutional Trading of General Mills

A number of hedge funds have recently bought and sold shares of GIS. Vermillion & White Wealth Management Group LLC purchased a new position in shares of General Mills in the third quarter worth $25,000. Reflection Asset Management purchased a new stake in General Mills during the 4th quarter valued at $25,000. Close Asset Management Ltd bought a new stake in General Mills in the 3rd quarter worth $28,000. Nalls Sherbakoff Group LLC bought a new stake in General Mills in the 4th quarter worth $26,000. Finally, Davis Capital Management purchased a new position in shares of General Mills in the third quarter valued at about $29,000. Institutional investors own 75.71% of the company’s stock.

General Mills News Roundup

Here are the key news stories impacting General Mills this week:

General Mills Company Profile

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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.

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Earnings History and Estimates for General Mills (NYSE:GIS)

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