Q4 EPS Estimates for General Mills Boosted by Zacks Research

General Mills, Inc. (NYSE:GIS) – Equities researchers at Zacks Research upped their Q4 2026 EPS estimates for General Mills in a research note issued to investors on Thursday, March 26th. Zacks Research analyst Team now forecasts that the company will earn $0.83 per share for the quarter, up from their prior estimate of $0.76. Zacks Research currently has a “Strong Sell” rating on the stock. The consensus estimate for General Mills’ current full-year earnings is $4.36 per share. Zacks Research also issued estimates for General Mills’ Q2 2027 earnings at $1.08 EPS, Q2 2028 earnings at $1.11 EPS and FY2028 earnings at $3.34 EPS.

General Mills (NYSE:GIS) last posted its quarterly earnings results on Wednesday, March 18th. The company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($0.09). The firm had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.53 billion. General Mills had a return on equity of 19.19% and a net margin of 12.05%.The firm’s revenue for the quarter was down 8.4% on a year-over-year basis. During the same period last year, the business earned $1.12 earnings per share.

A number of other analysts have also recently weighed in on GIS. Weiss Ratings cut General Mills from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, January 13th. Barclays cut their price objective on General Mills from $46.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Monday, March 16th. Sanford C. Bernstein decreased their target price on General Mills from $53.00 to $48.00 and set a “market perform” rating for the company in a research report on Wednesday, February 18th. Royal Bank Of Canada dropped their price target on shares of General Mills from $60.00 to $55.00 and set an “outperform” rating on the stock in a research report on Thursday, March 19th. Finally, The Goldman Sachs Group lowered their target price on shares of General Mills from $47.00 to $40.00 and set a “neutral” rating on the stock in a research note on Thursday, March 19th. Four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, General Mills currently has a consensus rating of “Reduce” and a consensus price target of $43.56.

General Mills Trading Up 0.5%

Shares of NYSE:GIS opened at $37.31 on Monday. The company has a current ratio of 0.56, a quick ratio of 0.36 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $19.91 billion, a PE ratio of 9.12 and a beta of -0.05. General Mills has a 1 year low of $35.63 and a 1 year high of $62.61. The firm has a fifty day moving average price of $43.27 and a 200 day moving average price of $45.95.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vermillion & White Wealth Management Group LLC bought a new position in shares of General Mills during the 3rd quarter worth about $25,000. Reflection Asset Management bought a new stake in shares of General Mills in the 4th quarter valued at approximately $25,000. Close Asset Management Ltd bought a new stake in shares of General Mills in the 3rd quarter valued at approximately $28,000. Nalls Sherbakoff Group LLC acquired a new position in shares of General Mills in the 4th quarter worth approximately $26,000. Finally, Davis Capital Management acquired a new position in shares of General Mills in the 3rd quarter worth approximately $29,000. 75.71% of the stock is owned by institutional investors.

General Mills Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a dividend of $0.61 per share. The ex-dividend date is Friday, April 10th. This represents a $2.44 dividend on an annualized basis and a dividend yield of 6.5%. General Mills’s payout ratio is currently 59.66%.

About General Mills

General Mills, Inc (NYSE: GIS) is a multinational consumer foods company that develops, manufactures and markets a broad portfolio of branded food products. Its product categories include ready-to-eat and hot cereals, baking mixes and ingredients, snacks and bars, refrigerated and frozen doughs, yogurt and other dairy products, and a variety of shelf-stable meals and meal components. The company’s portfolio features widely recognized consumer brands across grocery store, mass channel and foodservice outlets.

Founded in the early 20th century and incorporated under its current name in 1928, General Mills has grown through both internal brand development and strategic expansion to become a global food company.