General Mills (GIS) Stock Overview
Manufactures and markets branded consumer foods in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 6/6 |
Rewards
Risk Analysis
GIS Community Fair Values
Create NarrativeSee what 145 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Top Community Narratives
US$73.07
FV
54.3% undervalued intrinsic discount2.27%
Revenue growth p.a.
406
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General Mills, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$33.36 |
| 52 Week High | US$54.18 |
| 52 Week Low | US$31.75 |
| Beta | -0.041 |
| 1 Month Change | -0.27% |
| 3 Month Change | -11.04% |
| 1 Year Change | -37.01% |
| 3 Year Change | -59.01% |
| 5 Year Change | -43.66% |
| Change since IPO | 2,994.26% |
Recent News & Updates
Analysis Article • Jun 16
General Mills (GIS) Stock Could Be 9.4% Undervalued After Dividend Pressure And Blue Buffalo Reset
Recent pressure on General Mills (GIS) dividends, after earnings fell short of covering payments, has put the stock under close watch as management also moves to reset its underperforming Blue Buffalo Wilderness pet food line. See our latest analysis for General Mills. At a share price of $34.27, General Mills has seen a modest 7 day share price return of 3.41% and a 30 day share price return of 3.88%. However, momentum still looks weak given the 90 day share price decline of 11.54% and a 1...
Narrative Update • Jun 04
GIS: Portfolio Reset And Pricing Actions Will Support Gradual Rebound
Analysts have trimmed the General Mills price target, with the fair value estimate moving from about $40.58 to $37.83, as they highlight pressure from inflation, softer volumes, commodity volatility, and limits to the company's pricing power. Analyst Commentary Recent research on General Mills has leaned cautious, with several firms cutting price targets and shifting to more negative ratings as they reassess the impact of inflation, volume trends, and the company's ability to pass on higher costs.Recent updates
Analysis Article • Jun 16
General Mills (GIS) Stock Could Be 9.4% Undervalued After Dividend Pressure And Blue Buffalo Reset
Recent pressure on General Mills (GIS) dividends, after earnings fell short of covering payments, has put the stock under close watch as management also moves to reset its underperforming Blue Buffalo Wilderness pet food line. See our latest analysis for General Mills. At a share price of $34.27, General Mills has seen a modest 7 day share price return of 3.41% and a 30 day share price return of 3.88%. However, momentum still looks weak given the 90 day share price decline of 11.54% and a 1...Narrative Update • Jun 04
GIS: Portfolio Reset And Pricing Actions Will Support Gradual Rebound
Analysts have trimmed the General Mills price target, with the fair value estimate moving from about $40.58 to $37.83, as they highlight pressure from inflation, softer volumes, commodity volatility, and limits to the company's pricing power. Analyst Commentary Recent research on General Mills has leaned cautious, with several firms cutting price targets and shifting to more negative ratings as they reassess the impact of inflation, volume trends, and the company's ability to pass on higher costs.Seeking Alpha • May 20
General Mills Is Fighting A Difficult Battle
Summary General Mills faces significant headwinds, including declining volumes, eroding brand trust, and consumer shifts toward private labels and anti-obesity drugs. GIS trades at historically low valuation multiples—8.1x earnings and 10.8x free cash flow—reflecting substantial pessimism and potential undervaluation if growth stabilizes. Management expects organic net sales to decline 1.5–2% and adjusted EPS to fall 16–20% in FY26, with cautious optimism for long-term low-single-digit growth. I rate GIS as "Hold," recognizing its solid brand portfolio and low multiples, but see limited near-term upside without clear catalysts for renewed growth. Read the full article on Seeking AlphaNarrative Update • May 11
GIS: Promotional Reset And Clean Label Shift Will Drive Gradual Rebound
Narrative Update The analyst price target for General Mills has been reduced by several firms across Wall Street, often by $2 to $8. Analysts are responding to slower than expected volume recovery, weaker consumer sentiment, higher promotional intensity, and updated company guidance through 2026.Narrative Update • Apr 22
GIS: Promotional Reset And Clean Label Reforms Will Support Gradual Recovery
Analysts have trimmed the General Mills price target by a few dollars to around the mid $40s, reflecting updated views on slower category growth, weaker volumes in key segments like cereal and pet, and the increased use of promotions to support demand. Analyst Commentary Recent research updates on General Mills cluster around a similar message, but they split into two clear camps on how investors should think about valuation, execution and growth from here.Narrative Update • Apr 07
GIS: Promotional Reset And Clean Label Shift Will Support Gradual Category Recovery
Analysts have trimmed the General Mills fair value estimate by about $0.63 to $40.89. This reflects a series of reduced price targets in recent research that highlight softer volume trends, higher promotional intensity, and an extended timeline for any potential recovery in key categories like cereal, pet food, and snacks.
New Narrative • Mar 28
Brand Reinvestment And Pet Humanization Will Drive Long Term Upside Potential
Catalysts About General Mills General Mills is a global consumer foods company that sells packaged food across retail, foodservice, and pet categories. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 24
GIS: Promotional Reset And Clean Label Shift Will Support Longer Term Recovery
Analysts have trimmed their average price target for General Mills, with the updated fair value estimate moving from about $48 to roughly $42. They cite slower progress on volume recovery, earnings risk tied to higher leverage and dividends, and expectations for a lower future P/E multiple, even though revenue growth assumptions have been modestly improved.
New Narrative • Mar 13
Remarkability Spending And Pet Expansion Will Pressure Margins And Weaken Long Term Earnings
Catalysts About General Mills General Mills produces and markets branded food products across retail, foodservice, pet and international markets. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 08
GIS: Slower Recovery And Promotion Pressure Will Shape Protein And Clean Label Plans
Analysts have reduced their average price target for General Mills from about $49.47 to roughly $48.16. This change reflects lower revenue growth and slightly softer margin assumptions following the CAGNY guidance reset and a series of downward target revisions across the Street.Narrative Update • Feb 22
GIS: Promotions Pressure Margins While Protein Offerings Support Steadier Long Term Outlook
Analysts have trimmed their average price targets on General Mills by several dollars to reflect weaker volume trends, softer revenue and margin assumptions, and updated guidance following the recent CAGNY conference. Analyst Commentary Street research around General Mills has turned more cautious following the CAGNY conference, with several firms trimming price targets and updating their models to reflect weaker volume trends, higher promotional intensity, and revised FY26 guidance.Narrative Update • Feb 08
GIS: Protein Offerings And Perennial Grains Will Support Steady Future Margins
Analysts have maintained their fair value estimate for General Mills at approximately US$52.42 per share, making only very small adjustments to assumptions such as the discount rate, revenue growth, profit margin and future P/E. This reflects a largely unchanged outlook despite the use of refreshed model inputs.Narrative Update • Jan 24
GIS: SNAP Support And Perennial Grain Adoption Will Sustain Future Margin Strength
Analysts have slightly reduced their price target on General Mills to reflect a modestly lower fair value estimate of about US$52.42. This incorporates updated assumptions for revenue growth, profit margins, discount rate, and future P/E, which are now somewhat more conservative than before.Narrative Update • Jan 10
GIS: Future Demand Tailwinds From SNAP Support Will Sustain Margin Expansion
Analysts have made a small adjustment to their price target for General Mills, trimming fair value by about US$0.10 per share as they refresh their assumptions around the discount rate, long term revenue growth, profit margin, and future P/E. What's in the News USDA plans to use contingency funds to support partial November SNAP payments, which may be relevant for General Mills given its exposure to packaged food demand linked to government nutrition programs (Reuters).Narrative Update • Dec 26
GIS: Future Demand Tailwinds Will Support Gradual Margin Expansion
Analysts have trimmed their price target on General Mills to approximately 52.58 dollars from 53 dollars, reflecting slightly lower valuation multiples despite modest improvements in revenue growth and profit margins. What's in the News USDA plans to tap contingency funds to cover a portion of November SNAP benefits, a move that could influence demand patterns for packaged food makers including General Mills (Reuters) General Mills completed a major share repurchase tranche, buying back about 1.3 million shares for $64.67 million, bringing total repurchases under its June 2022 authorization to roughly 73.1 million shares, or 12.85% of shares outstanding The company is accelerating its use of climate friendly Kernza grain, quadrupling volumes through four Cascadian Farm organic cereals to support soil health and carbon sequestration initiatives Reese's Puffs cereal is expanding beyond its long standing flavor profile with a new Dark Chocolate variety made with Hershey's cocoa and real Reese's peanut butter, supported by a collectible “Reese's After Dark” box and themed universe General Mills signaled it remains active on mergers and acquisitions, with management stating that strategic deals are a key priority for deploying cash after dividends, alongside ongoing share repurchases and balance sheet discipline Valuation Changes Fair Value Estimate has edged down slightly to approximately $52.58 from $53.00, reflecting a modestly lower implied valuation.Narrative Update • Dec 12
GIS: Improving Volume Trends Will Support A Gradual Return To Durable Demand
Analysts have modestly trimmed their fair value estimate for General Mills to approximately $53, reflecting a series of lower price targets in the $47 to $52 range as they factor in softer growth expectations despite largely in line recent results and guidance. Analyst Commentary Recent Street research on General Mills reflects a cautious but nuanced view, with modest price target reductions tied to tempered growth expectations and mixed sentiment on execution against multi year guidance.Analysis Article • Sep 30
General Mills (NYSE:GIS) Strong Profits May Be Masking Some Underlying Issues
The recent earnings posted by General Mills, Inc. ( NYSE:GIS ) were solid, but the stock didn't move as much as we...Narrative Update • Sep 19
Reinvestment And Yoplait Closure Will Delay Margin Recovery
General Mills’ consensus price target was revised downward to $53.89 amid disappointing guidance and weak volume trends, as analysts factor in near-term EPS pressure from increased reinvestment and ongoing competitive headwinds, though some maintain a constructive longer-term outlook. Analyst Commentary Guidance for FY26 and initial Q4 results have generally come in below street expectations, leading to EPS resets and lower price targets from several analysts.Analysis Article • Aug 12
Is General Mills (NYSE:GIS) Using Too Much Debt?
NYSE:GIS 1 Year Share Price vs Fair Value Explore General Mills's Fair Values from the Community and select yours David...Analysis Article • Jul 25
There's No Escaping General Mills, Inc.'s (NYSE:GIS) Muted Earnings
With a price-to-earnings (or "P/E") ratio of 12.1x General Mills, Inc. ( NYSE:GIS ) may be sending bullish signals at...Analysis Article • Jul 01
General Mills' (NYSE:GIS) Shareholders Will Receive A Bigger Dividend Than Last Year
General Mills, Inc. ( NYSE:GIS ) has announced that it will be increasing its periodic dividend on the 1st of August to...Seeking Alpha • Apr 16
General Mills: A Decent Dividend Yield And Undervaluation Make It Attractive
Summary General Mills offers a 4%+ dividend yield, acceptable dividend safety, and a 6-year growth streak, making it a Dividend Challenger and an attractive buy. Despite mixed Q3 FY 2025 results and revenue decline, General Mills is undervalued with a P/E ratio of ~13.85X, below its historical range. The company grows through organic means and strategic M&A, focusing on high-growth categories like pet food and snacks. General Mills's dividend remains safe with a moderate payout ratio and sufficient free cash flow coverage. Read the full article on Seeking AlphaSeeking Alpha • Mar 19
General Mills Q3 Earnings Preview: More Than A Cash Cow, Initiating With A 'Buy'
Summary General Mills has strategically managed its portfolio, acquiring high-growth businesses like Blue Buffalo and divesting underperforming segments, driving steady organic revenue growth. The company is expected to achieve 2-3% organic revenue growth and mid-single-digit adjusted operating profit growth long-term, with potential for further acceleration. Near-term growth is projected at 1% for FY25, with a recovery to 4% organic growth from FY26, driven by volume, price increases, and pet food. I initiate a 'Buy' rating for GIS stock with a one-year target price of $77 per share, supported by effective portfolio management and consistent shareholder returns. Read the full article on Seeking AlphaSeeking Alpha • Mar 10
General Mills Is A Solid Long-Term Investment With Upside Potential
Summary General Mills stock is currently underperforming, with its stock over 30% below its all-time high, largely due to disappointing top and bottom line growth. Despite recent struggles, GIS stock is attractively valued with a 3.9% dividend yield and a P/E ratio of 13.53, suggesting potential upside. Ongoing restructuring in the yogurt business and a focus on pet food are expected to drive a medium- to long-term turnaround. Even with conservative earnings forecasts, there's an upside potential of 10%+ including dividends, with additional gains possible from a strong Euro and a shift to defensive stocks. Read the full article on Seeking AlphaSeeking Alpha • Feb 25
General Mills: Relative Valuation Has Become More Attractive
Summary General Mills shares have underperformed the S&P 500 since the publication of my prior piece. The company recently cut guidance as it intends to increase investments in the near term in hopes of generating long-term growth. Consensus estimates appear conservative and are below the company's medium-term guidance for a 7% Adjusted EPS CAGR. GIS now trades at a significantly larger valuation discount to the broader market than was the case at the time of my prior piece. I believe the risk/reward profile for GIS shares has improved, and I am upgrading GIS stock to Buy. Read the full article on Seeking AlphaSeeking Alpha • Feb 04
General Mills Makes For A Sweet Treat For Your Portfolio
Summary General Mills, despite recent underperformance, remains a soft 'buy' due to its undervaluation relative to peers and stable business model. Revenue growth has been inconsistent, with recent declines driven by lower volumes and competitive pressures, though price increases have helped. Profitability metrics show mixed results, but cash flow has improved, and strategic moves like divestitures are expected to enhance financial stability. Valuation metrics indicate significant upside potential, with shares appearing cheap compared to similar firms, justifying a bullish outlook. Read the full article on Seeking AlphaShareholder Returns
| GIS | US Food | US Market | |
|---|---|---|---|
| 7D | -1.4% | -3.5% | 2.0% |
| 1Y | -37.0% | -8.6% | 23.3% |
Return vs Industry: GIS underperformed the US Food industry which returned -8.6% over the past year.
Return vs Market: GIS underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| GIS volatility | |
|---|---|
| GIS Average Weekly Movement | 3.3% |
| Food Industry Average Movement | 5.7% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: GIS has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: GIS's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1866 | 33,000 | Jeff Harmening | www.generalmills.com |
General Mills, Inc. manufactures and markets branded consumer foods in the United States and internationally. The company operates through four segments: North America Retail; International; North America 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 savory snacks, ice cream and frozen desserts, unbaked and fully baked frozen dough products, frozen hot snacks, ethnic meals, side dish mixes, frozen breakfast and entrees, nutrition bars, and frozen and shelf-stable vegetables.
General Mills, Inc. Fundamentals Summary
| GIS fundamental statistics | |
|---|---|
| Market cap | US$18.36b |
| Earnings (TTM) | US$2.20b |
| Revenue (TTM) | US$18.37b |
8.1x
P/E Ratio1.0x
P/S RatioIs GIS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GIS income statement (TTM) | |
|---|---|
| Revenue | US$18.37b |
| Cost of Revenue | US$12.28b |
| Gross Profit | US$6.09b |
| Other Expenses | US$3.88b |
| Earnings | US$2.20b |
Last Reported Earnings
Feb 22, 2026
Next Earnings Date
Jul 01, 2026
| Earnings per share (EPS) | 4.13 |
| Gross Margin | 33.14% |
| Net Profit Margin | 12.00% |
| Debt/Equity Ratio | 149.3% |
How did GIS perform over the long term?
See historical performance and comparisonDividends
7.3%
Current Dividend Yield60%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/17 23:35 |
| End of Day Share Price | 2026/06/17 00:00 |
| Earnings | 2026/02/22 |
| Annual Earnings | 2025/05/25 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
General Mills, Inc. is covered by 38 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Andrew Lazar | Barclays |
| Alexia Howard | Bernstein |