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General Mills NYSE:GIS Stock Report

Last Price

US$63.21

Market Cap

US$35.9b

7D

-3.5%

1Y

-2.4%

Updated

15 Nov, 2024

Data

Company Financials +

General Mills, Inc.

NYSE:GIS Stock Report

Market Cap: US$35.9b

GIS Stock Overview

Manufactures and markets branded consumer foods worldwide. More details

GIS fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health3/6
Dividends5/6

Rewards

Trading at 60.1% below our estimate of its fair value

Earnings are forecast to grow 3.56% per year

Pays a reliable dividend of 3.8%

Trading at good value compared to peers and industry

Risk Analysis

Has a high level of debt


Community Narratives

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Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Transformative Portfolio Strategy And AI-led Innovation To Boost Growth And Profitability

Key Takeaways Divesting the lower-margin yogurt business will improve growth and profitability by enhancing the margin structure. Strategic investments in premium categories and digital infrastructure drive revenue growth and cost savings, boosting operational efficiencies and earnings.
View narrative
US$74.76
FV
15.5% undervalued intrinsic discount
0.38%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
3 days ago author updated this narrative
WA
WallStreetWontons
Community Contributor

A Top Consumer Staples Compounder and at a Fair Price and Dividend Yield

Catalysts: Stable Demand for Packaged Foods : General Mills operates in the consumer foods sector, which has seen consistent demand for packaged foods. The company’s diverse product portfolio, including ready-to-eat cereals, snacks, and baking mixes, positions it well to benefit from this trend.
View narrative
US$73.07
FV
13.5% undervalued intrinsic discount
2.27%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
4 months ago author updated this narrative

General Mills, Inc. Competitors

Hershey

NYSE:HSY

US$36.2b

Kraft Heinz

NasdaqGS:KHC

US$38.4b

Kellanova

NYSE:K

US$27.9b

McCormick

NYSE:MKC

US$20.1b

Price History & Performance

Summary of all time highs, changes and price drops for General Mills
Historical stock prices
Current Share PriceUS$63.21
52 Week HighUS$75.90
52 Week LowUS$61.48
Beta0.11
11 Month Change-10.97%
3 Month Change-8.43%
1 Year Change-2.39%
33 Year Change1.89%
5 Year Change19.97%
Change since IPO5,762.96%

Recent News & Updates

General Mills: Adding Pet Food Exposure

Nov 14

General Mills, Inc.'s (NYSE:GIS) Low P/E No Reason For Excitement

Nov 12
General Mills, Inc.'s (NYSE:GIS) Low P/E No Reason For Excitement

General Mills (NYSE:GIS) Has Announced A Dividend Of $0.60

Oct 04
General Mills (NYSE:GIS) Has Announced A Dividend Of $0.60

General Mills Stock: Going Without Dessert

Sep 26

Recent updates

General Mills: Adding Pet Food Exposure

Nov 14

General Mills, Inc.'s (NYSE:GIS) Low P/E No Reason For Excitement

Nov 12
General Mills, Inc.'s (NYSE:GIS) Low P/E No Reason For Excitement

General Mills (NYSE:GIS) Has Announced A Dividend Of $0.60

Oct 04
General Mills (NYSE:GIS) Has Announced A Dividend Of $0.60

General Mills Stock: Going Without Dessert

Sep 26

General Mills: Q1 Earnings, A Report I Didn't Like

Sep 19

Why We Think General Mills, Inc.'s (NYSE:GIS) CEO Compensation Is Not Excessive At All

Sep 18
Why We Think General Mills, Inc.'s (NYSE:GIS) CEO Compensation Is Not Excessive At All

General Mills (NYSE:GIS) Reaffirms FY 2025 Guidance Amid Strategic Shifts and Investor Activism

Sep 16
General Mills (NYSE:GIS) Reaffirms FY 2025 Guidance Amid Strategic Shifts and Investor Activism

General Mills' (NYSE:GIS) Returns On Capital Are Heading Higher

Aug 26
General Mills' (NYSE:GIS) Returns On Capital Are Heading Higher

General Mills: The Market Is Overreacting To A Bad Quarter

Aug 22

Investors Don't See Light At End Of General Mills, Inc.'s (NYSE:GIS) Tunnel

Jul 21
Investors Don't See Light At End Of General Mills, Inc.'s (NYSE:GIS) Tunnel

General Mills (NYSE:GIS) Will Pay A Larger Dividend Than Last Year At $0.60

Jun 29
General Mills (NYSE:GIS) Will Pay A Larger Dividend Than Last Year At $0.60

We Think General Mills (NYSE:GIS) Can Stay On Top Of Its Debt

Jun 27
We Think General Mills (NYSE:GIS) Can Stay On Top Of Its Debt

General Mills FY Earnings: A Good Investment (But Not For Everyone)

Jun 23

General Mills: Do Not Always Seek Alpha

Jun 16

General Mills Is A Top Consumer Staples Compounder

May 01

Getting In Cheap On General Mills, Inc. (NYSE:GIS) Is Unlikely

Apr 13
Getting In Cheap On General Mills, Inc. (NYSE:GIS) Is Unlikely

We Think General Mills (NYSE:GIS) Can Stay On Top Of Its Debt

Mar 26
We Think General Mills (NYSE:GIS) Can Stay On Top Of Its Debt

General Mills Stock: Trends We're Watching Ahead Of Q3 Earnings

Mar 13

General Mills (NYSE:GIS) Shareholders Will Want The ROCE Trajectory To Continue

Mar 11
General Mills (NYSE:GIS) Shareholders Will Want The ROCE Trajectory To Continue

General Mills: Losing Market Share To Store Brands

Feb 08

General Mills Stock Still Isn't Cheap Enough

Jan 12

General Mills: Softening Sales Growth Creates An Attractive Entry Point

Jan 05

Pinning Down General Mills, Inc.'s (NYSE:GIS) P/E Is Difficult Right Now

Jan 01
Pinning Down General Mills, Inc.'s (NYSE:GIS) P/E Is Difficult Right Now

Is General Mills (NYSE:GIS) A Risky Investment?

Dec 16
Is General Mills (NYSE:GIS) A Risky Investment?

General Mills: This Steady Dividend Payer Is An Attractive Buy Right Now

Dec 11

General Mills Stock Is In Buy Territory Again (Rating Upgrade)

Dec 05

The Returns At General Mills (NYSE:GIS) Aren't Growing

Dec 01
The Returns At General Mills (NYSE:GIS) Aren't Growing

Pet And International Area Provide New Aisle For Growth For General Mills

Nov 09

Hold On To General Mills To Get A Healthy Dividend Yield For Breakfast

Nov 02

Is There An Opportunity With General Mills, Inc.'s (NYSE:GIS) 45% Undervaluation?

Oct 30
Is There An Opportunity With General Mills, Inc.'s (NYSE:GIS) 45% Undervaluation?

Down About 30%, Yielding 4% - How Attractive Is General Mills?

Oct 01

General Mills (NYSE:GIS) Seems To Use Debt Quite Sensibly

Aug 31
General Mills (NYSE:GIS) Seems To Use Debt Quite Sensibly

General Mills: Things Are Looking Up

Aug 30

General Mills' (NYSE:GIS) Returns Have Hit A Wall

Aug 01
General Mills' (NYSE:GIS) Returns Have Hit A Wall

General Mills: Underlying Volume Challenges

Jul 31

Is There An Opportunity With General Mills, Inc.'s (NYSE:GIS) 33% Undervaluation?

Jul 17
Is There An Opportunity With General Mills, Inc.'s (NYSE:GIS) 33% Undervaluation?

General Mills: Promising Opportunity With A High Price Tag

Jun 28

General Mills: A Decent Year, But Seems Overpriced

Jun 12

General Mills (NYSE:GIS) Seems To Use Debt Quite Sensibly

Jun 01
General Mills (NYSE:GIS) Seems To Use Debt Quite Sensibly

General Mills: Flawless Dividend But There's A Problem

May 25

Here's Why We Think General Mills (NYSE:GIS) Is Well Worth Watching

May 08
Here's Why We Think General Mills (NYSE:GIS) Is Well Worth Watching

The Returns At General Mills (NYSE:GIS) Aren't Growing

Apr 12
The Returns At General Mills (NYSE:GIS) Aren't Growing

Is General Mills, Inc. (NYSE:GIS) Trading At A 21% Discount?

Mar 31
Is General Mills, Inc. (NYSE:GIS) Trading At A 21% Discount?

Shareholder Returns

GISUS FoodUS Market
7D-3.5%-2.7%-2.2%
1Y-2.4%-0.3%30.1%

Return vs Industry: GIS underperformed the US Food industry which returned -0.3% over the past year.

Return vs Market: GIS underperformed the US Market which returned 30.1% over the past year.

Price Volatility

Is GIS's price volatile compared to industry and market?
GIS volatility
GIS Average Weekly Movement2.2%
Food Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.1%

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 (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
186634,000Jeff Harmeningwww.generalmills.com

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 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

How do General Mills's earnings and revenue compare to its market cap?
GIS fundamental statistics
Market capUS$35.92b
Earnings (TTM)US$2.40b
Revenue (TTM)US$19.80b

14.6x

P/E Ratio

1.8x

P/S Ratio

Is GIS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GIS income statement (TTM)
RevenueUS$19.80b
Cost of RevenueUS$12.94b
Gross ProfitUS$6.86b
Other ExpensesUS$4.46b
EarningsUS$2.40b

Last Reported Earnings

Aug 25, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.33
Gross Margin34.65%
Net Profit Margin12.14%
Debt/Equity Ratio139.8%

How did GIS perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

56%

Payout Ratio