Currently, there are 547.50M common shares owned by the public and among those 545.61M shares have been available to trade.
The company’s stock has a 5-day price change of 3.34% and -6.61% over the past three months. GIS shares are trading -6.35% year to date (YTD), with the 12-month market performance down to -14.65% lower. It has a 12-month low price of $55.15 and touched a high of $75.90 over the same period. GIS has an average intraday trading volume of 5.92 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.93%, -0.45%, and -8.93% respectively.
Institutional ownership of General Mills, Inc (NYSE: GIS) shares accounts for 82.53% of the company’s 547.50M shares outstanding.
It has a market capitalization of $32.70B and a beta (3y monthly) value of 0.14. The stock’s trailing 12-month PE ratio is 13.12, while the earnings-per-share (ttm) stands at $4.55. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.00% over the week and 2.87% over the month.
Earnings per share for the fiscal year are expected to decrease by -6.58%, and -2.66% over the next financial year. EPS should shrink at an annualized rate of -1.70% over the next five years, compared to 8.24% over the past 5-year period.
Looking at the support for the GIS, a number of firms have released research notes about the stock. Morgan Stanley stated their Underweight rating for the stock in a research note on March 24, 2025, with the firm’s price target at $53. Jefferies coverage for the General Mills, Inc (GIS) stock in a research note released on March 10, 2025 offered a Hold rating with a price target of $62. TD Cowen was of a view on December 19, 2024 that the stock is Hold, while BofA Securities gave the stock Buy rating on December 13, 2024, issuing a price target of $78- $80. Goldman on their part issued Buy rating on August 12, 2024.
