An Evaluation Of General Mills, Inc. (NYSE: GIS) Prospects

After Hours

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Stocks Info

GIS belongs to the Consumer Defensive sector of the NYSE while operating in the Packaged Foods industry. The current market capitalization of General Mills, Inc. is $41.08B. A total of 2.9 million shares were traded on the day, compared to an average of 3.77M shares.

In the most recent transaction, Sharma Pankaj MN sold 2,325 shares of GIS for 74.63 per share on Sep 20 ’24. After the transaction, the Segment President now owns 36,184 company shares. In a previous transaction on Sep 20 ’24, Sharma Pankaj MN bought 2,325 shares at 74.63 per share.

Among the insiders who sold shares, Shaffer Werner Lanette disposed of 710 shares on May 13 ’24 at a per-share price of $70.57. This resulted in the Chief Innovation Officer holding 17,397 shares of GIS after the transaction. In another insider transaction, Nudi Jonathon sold 10,000 shares at $69.21 per share on Mar 22 ’24. Company shares held by the Group President now total 93,381.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. General Mills, Inc. pays an annual dividend of $2.37, resulting in a dividend yield of 3.20%, and it has a price to earnings (P/E) ratio of 17.63. GIS’s most recent ex-dividend date was 10/10/2024 when it declared a $0.60 quarterly dividend that was paid in cash on 11/1/2024. Previously, the company paid the dividend on 8/1/2024 with an ex-dividend date of 7/10/2024. The GIS stock dividend was $0.60 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, GIS has a high of $75.90 and a low of $60.33.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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 $16.69, while its Total Shareholder’s Equity was $10.79B.

Analysts Opinion

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. 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 3.44.

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