General Mills, Inc. (GIS): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NYSE-listed company operates within the Packaged Foods industry segment, falling under the Consumer Defensive sector. The current market capitalization of General Mills, Inc. is $35.72B. A total of 2.66 million shares were traded on the day, compared to an average of 3.91M shares.

In the most recent transaction, Shaffer Werner Lanette sold 710 shares of GIS for 70.57 per share on May 13 ’24. After the transaction, the Chief Innovation Officer now owns 17,397 company shares. In a previous transaction on Mar 22 ’24, Nudi Jonathon sold 10,000 shares at 69.21 per share. GIS shares that Group President owns now total 93,381.

Among the insiders who sold shares, MORIKIS JOHN G disposed of 55 shares on Feb 22 ’24 at a per-share price of $65.76. This resulted in the Director holding 5,802 shares of GIS after the transaction. In another insider transaction, Nudi Jonathon sold 7,671 shares at $64.15 per share on Jan 29 ’24. Company shares held by the Group President now total 102,924.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. General Mills, Inc. pays an annual dividend of $2.37, resulting in a dividend yield of 3.70%, and it has a price to earnings (P/E) ratio of 14.86. GIS’s most recent ex-dividend date was 7/10/2024 when it declared a $0.60 quarterly dividend that was paid in cash on 8/1/2024. Previously, the company paid the dividend on 5/1/2024 with an ex-dividend date of 4/9/2024. The GIS stock dividend was $0.59 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, GIS has a high of $77.63 and a low of $60.33.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. GIS’s latest balance sheet shows that the firm has $819.20M in Cash & Short Term Investments as of fiscal 2022. There were $11.98B in debt and $8.02B in liabilities at the time. Its Book Value Per Share was $16.81, while its Total Shareholder’s Equity was $10.79B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GIS is Buy with a score of 3.35.

Most Popular

Related Posts