General Mills, Inc. Common Stoc (NYSE:GIS):
General Mills Quarterly Dividend Declared.
The company is up by 0.03% since yesterday’s close of $63.9.
Additionally the company declared a dividend that was paid on Monday the 1st of August 2016. The dividend was $0.480 per share for the quarter or $1.92 annualized. The dividend yield was $2.97. The ex-dividend date was set for Thursday the 7th of July 2016.
It is trading at $63.92 which is just under $68.79, the 50 day moving average and marginally under the 200 day moving average of $66.20. The 50 day moving average moved down $-4.87 and the 200 day average went down by -3.44%.
The most current P/E ratio is 23.24 and market capitalization is 37.80B. In the latest earnings report the EPS was $2.75 and is estimated to be $3.10 for the current year with 591,383,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.72 with next year’s EPS anticipated to be $3.42.
A few brokerage firms have released opinions on the company. On September 22 UBS left the company rating at “Neutral” but moved up the price target to $67.00 from $60.00. On September 20 the company was downgraded to “Underperform” from “” in a report issued by Consumer Edge.
July 14 investment analysts at Morgan Stanley held the stock rating at “” and moved up the price target from $56.00 to $66.00. On June 30 the stock rating was upgraded from “Underperform” to “Sell” and a price target of $60.00 was set by Bank of America.
Equity analyst Bank of America raised the price target and upgraded the stock on June 30 boosting the price target from $53.00 to $60.00 and changing the rating from “Underperform” to “Sell”. On May 24 the stock rating was downgraded to “Sell” from “Neutral” in a statement from Goldman Sachs.