Q4 EPS Estimates for General Mills Lifted by Zacks Research

General Mills, Inc. (NYSE:GIS) – Investment analysts at Zacks Research upped their Q4 2026 earnings per share estimates for shares of General Mills in a research note issued on Thursday, March 26th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $0.83 for the quarter, up from their previous estimate of $0.76. Zacks Research 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 earnings results on Wednesday, March 18th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.09). General Mills had a net margin of 12.05% and a return on equity of 19.19%. The business had revenue of $4.44 billion for the quarter, compared to analysts’ expectations of $4.53 billion. During the same period last year, the firm posted $1.12 earnings per share. General Mills’s quarterly revenue was down 8.4% on a year-over-year basis.

Several other research firms have also recently commented on GIS. Sanford C. Bernstein dropped their target price on shares of 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. UBS Group reduced their price target on shares of General Mills from $40.00 to $35.00 and set a “sell” rating on the stock in a research report on Thursday, March 19th. The Goldman Sachs Group decreased their price target on shares of General Mills from $47.00 to $40.00 and set a “neutral” rating for the company in a research note on Thursday, March 19th. Morgan Stanley cut their price objective on General Mills from $47.00 to $44.00 and set an “underweight” rating on the stock in a research report on Wednesday, February 18th. Finally, Barclays reduced their target price on General Mills from $46.00 to $43.00 and set an “equal weight” rating on the stock in a report on Monday, March 16th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat.com, General Mills has an average rating of “Reduce” and an average price target of $44.61.

General Mills Stock Performance

NYSE:GIS opened at $36.45 on Monday. The company has a quick ratio of 0.36, a current ratio of 0.56 and a debt-to-equity ratio of 1.17. The firm’s fifty day simple moving average is $43.56 and its 200 day simple moving average is $46.13. The stock has a market cap of $19.45 billion, a P/E ratio of 8.91 and a beta of -0.05. General Mills has a twelve month low of $35.63 and a twelve month high of $62.61.

Institutional Investors Weigh In On General Mills

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vermillion & White Wealth Management Group LLC purchased a new position in shares of General Mills during the third quarter valued at approximately $25,000. Reflection Asset Management bought a new stake in shares of General Mills in the 4th quarter worth approximately $25,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of General Mills in the 4th quarter worth approximately $26,000. Bruce G. Allen Investments LLC grew its stake in shares of General Mills by 139.8% in the 4th quarter. Bruce G. Allen Investments LLC now owns 578 shares of the company’s stock worth $27,000 after buying an additional 337 shares during the last quarter. Finally, Close Asset Management Ltd bought a new position in General Mills during the 3rd quarter valued at approximately $28,000. Hedge funds and other institutional investors own 75.71% of the company’s stock.

General Mills Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be given a dividend of $0.61 per share. This represents a $2.44 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Friday, April 10th. General Mills’s dividend payout ratio (DPR) is 59.66%.

Key Headlines Impacting General Mills

Here are the key news stories impacting General Mills this week:

• Positive Sentiment: New product momentum — General Mills is rolling out seasonal and co‑branded cereal SKUs (Lucky Charms Unicorn Cotton Candy; Tropical Trix with Disney’s Moana), which can help top‑line growth and brand engagement in core categories. Lucky Charms and Trix Bring Bold Flavors to the Breakfast Table Through New Cereals Made with Colors from Natural Sources
• Neutral Sentiment: High dividend yield draws income buyers but masks underlying risk — the 6.5% yield may support the share price in the short term, yet analysts warn that rising input costs and margin pressure could limit upside. The General Mills Dividend Yields 6.53%. Is That Enough to Make Up for an Oil Price Shock?
• Negative Sentiment: Fertilizer/supply disruption risk — coverage notes that closure of the Strait of Hormuz threatens fertilizer and feed inputs, raising agricultural and commodity cost risk for food producers including General Mills; this geopolitical shock is cited as a driver of higher input inflation and margin risk. One-Third of the World’s Fertilizer Passes Through the Strait of Hormuz. That Could Have Serious Repercussions for This Consumer Staples Company.
• Negative Sentiment: Analysts are cutting estimates and ratings — Zacks has trimmed multiple quarterly and FY forecasts and carries a “Strong Sell” stance, flagging weaker EPS outlooks that weigh on investor sentiment (multiple estimate downgrades were issued).
• Negative Sentiment: Price‑target cuts reflect cost pressure — TD Cowen lowered its PT to $32 (maintained Hold), citing likely higher input costs from the Iran conflict and weaker pricing power; another outlet reported a ~15% PT reduction to $42.84. These revisions constrain near‑term upside. General Mills price target lowered to $32 from $37 at TD Cowen General Mills (GIS) price target decreased by 15.29% to 42.84
• Negative Sentiment: Earnings and fundamental concerns persist — recent quarter missed estimates and revenue declined year‑over‑year; coverage notes shareholders face continued margin and growth headwinds beyond the single weak quarter. General Mills’ (NYSE:GIS) Shareholders Have More To Worry About Than Only Soft Earnings

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.