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Morningstar

General Mills Inc GIS Stock Quote

Morningstar Rating

NYSE: GIS

Last close prices updated as of May 26, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 84.18
  • Sector Consumer Defensive
  • Industry Packaged Foods
  • Investment Style Large Blend
  • Day Range 83.65  –  84.91
  • Year Range 64.94  –  90.89
  • Market Cap 49.4435 Bil
  • Volume / Avg 2.4 Mil /  2.9 Mil
  • Price / Sales 2.55
  • Price / Book 4.83
  • Forward Div Yield 2.57%
  • Trailing Div Yield 2.57%

Morningstar‘s Stock Analysis GIS

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

General Mills Effortlessly Combats Unrelenting Input Cost Inflation and Continues Capacity Rebuild

Jaime M. Katz Senior Equity Analyst

Business Strategy and Outlook

| Jaime M. Katz |

General Mills has earned a narrow moat for its preferred status with retailers, strong brand equities, and cost edge. The firm is the U.S. market leader in cereal, dessert mixes, refrigerated dough, snack bars, and natural pet food and is number two in soup. It has historically gained or maintained share in its global platforms, even as its brands command price premiums. These strong brands have resulted in solid relationships with retail partners that are complemented by a scale-based cost advantage; in our view, this pricing power will allow the firm to weather inflationary headwinds.

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Key Statistics GIS

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Company Profile GIS

Business Description

General Mills is a leading global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, BLUE, and Haagen-Dazs. In fiscal 2022, 77% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products into the food-service channel and the commercial baking industry.

Contact
Number One General Mills Boulevard
Minneapolis, MN, 55426
Sector Consumer Defensive
Industry Packaged Foods
Employees 28,500

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Related News GIS

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Competitors & Peers GIS

More on GIS’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of GIS’s competitive advantage.

General Mills Inc

XNYS: GIS

Campbell Soup Co

XNYS: CPB

Conagra Brands Inc

XNYS: CAG

Kellogg Co

XNYS: K
Price
84.1851.5134.8467.67
Currency
USDUSDUSDUSD
Change
−$0.33 (0.39%) +$0.05 (0.10%) +$0.11 (0.32%) −$0.26 (0.38%)
Market Cap
49.44 Bil15.43 Bil16.62 Bil23.19 Bil
Industry
Packaged Foods Packaged Foods Packaged Foods Packaged Foods
Sector
Consumer Defensive
Consumer Defensive
Consumer Defensive
Consumer Defensive

* Trading data in this section is delayed by at least 15 minutes.

FAQs for General Mills Inc Stock

Yes. GIS has a forward dividend yield of 2.57%. See GIS’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

GIS’s market cap is 49.44 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

GIS’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

GIS’s price/sales is 2.55.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

GIS’s price/forward earnings is 18.18.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

GIS’s price/book is 4.84.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See GIS’s valuation ratios compared to the Market Index.

GIS’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare GIS’s historical performance against its industry peers and the overall market.