General Mills (GIS) Given Daily Media Impact Score of 0.18
News coverage about General Mills (NYSE:GIS) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. General Mills earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.4368145257415 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Will Productivity Savings Aid Mondelez’s (MDLZ) Q4 Earnings? (zacks.com)
- Hot Tickers: Union Pacific Corporation (UNP), General Mills, Inc. (GIS) – Market Movers (financialqz.com)
- Free Research Reports on these Processed & Packaged Goods Stocks — Snyder’s-Lance, General Mills, McCormick, and Nomad Foods (prnewswire.com)
- General Mills, Clorox execs discuss Amazon’s disruption in the grocery aisle (bizjournals.com)
- Clorox, General Mills execs discuss Amazon’s disruption in the grocery aisle (feeds.bizjournals.com)
Several equities analysts have recently commented on the stock. Susquehanna Bancshares set a $56.00 price target on shares of General Mills and gave the company a “hold” rating in a report on Tuesday, October 17th. Goldman Sachs Group reaffirmed a “sell” rating on shares of General Mills in a research note on Wednesday, October 4th. Credit Suisse Group set a $62.00 price objective on shares of General Mills and gave the company a “hold” rating in a research note on Thursday, January 18th. Edward Jones reaffirmed a “hold” rating on shares of General Mills in a research note on Wednesday, December 20th. Finally, BMO Capital Markets reissued a “neutral” rating on shares of General Mills in a research report on Friday, December 22nd. Two research analysts have rated the stock with a sell rating, sixteen have given a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $58.28.
General Mills (NYSE:GIS) last issued its quarterly earnings data on Wednesday, December 20th. The company reported $0.82 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.82. The firm had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $4.08 billion. General Mills had a net margin of 10.29% and a return on equity of 38.89%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.85 earnings per share. equities analysts expect that General Mills will post 3.12 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Wednesday, January 10th will be paid a dividend of $0.49 per share. The ex-dividend date is Tuesday, January 9th. This represents a $1.96 annualized dividend and a yield of 3.26%. General Mills’s dividend payout ratio is 71.79%.
In other news, insider Bethany C. Quam sold 8,712 shares of the company’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $59.40, for a total transaction of $517,492.80. Following the transaction, the insider now directly owns 36,089 shares in the company, valued at $2,143,686.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.40% of the stock is currently owned by corporate insiders.
General Mills Company Profile
General Mills, Inc is a manufacturer and marketer of branded consumer foods sold through retail stores. The Company is a supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. The Company has three segments: U.S. Retail, International, and Convenience Stores and Foodservice.
Receive News & Ratings for General Mills Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for General Mills and related companies with MarketBeat.com's FREE daily email newsletter.