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How to Buy General Mills Stock

General Mills Inc

General Mills is a food company located in Minnesota, United States, which is part of the Consumer Defensive sector, and is traded under the ticker GIS on the NYSE exchange.

General Mills stock last closed at $68.30, down 1.14% from the previous day, and has decreased 19.71% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.05 percentage points. General Mills stock is currently +13.21% from its 52-week low of $60.33, and -20.43% from its 52-week high of $85.84.

There are currently 564.55M shares of GIS outstanding. The market value of GIS is $38.56B. In the past 24 hours, 3.2M GIS shares were traded.

How to Buy General Mills Stock

Not sure how to invest in General Mills stock? Here's how.
  1. Choose where to buy General Mills stock: You need to pick an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy General Mills stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your payment method and add your details.
  4. Research General Mills stock: The General Mills ticker symbol is GIS. Is General Mills stock a good investment? Should you buy shares of GIS? How do GIS's underlying business fundamentals look? Do top analysts think General Mills is a good buy? Why has GIS's stock price moved recently? (Hint: Our stock market research website can help you figure out if GIS is a good stock to buy).
  5. Place your GIS buy order: Decide if you will purchase GIS shares at the current market price or use a limit order to purchase GIS shares at a given price.
  6. Get key alerts regarding your GIS investment: Create a watchlist to the latest updates on your new investment in General Mills stock.

Step 1: Choose where to buy General Mills stock

You will need a brokerage account in order to access the NYSE market and buy GIS stock.

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Step 2: Open a brokerage account

Now that you've selected the best brokerage, the next step is to fill out some personal info so you are able to invest in GIS today.

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Now that you've created your account on the best app for stock investing, you need to deposit funds:

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Step 4: Research General Mills stock

After you have selected the best place to buy General Mills stock, it's important to analyze their stock before you invest, so you truly comprehend the risk as well as the upside.

General Mills stock data

GIS Price
$68.30
1w %
-4.13%
1y %
-19.71%
5y %
29.33%
P/E
15.52x
P/B
4.09x
P/S
1.91x
PEG
5.84x
Revenue
$20.17B
Earnings
$2.55B
Fore. Rev. Growth
0.64%
Fore. Earn. Growth
2.66%
Market Cap
$38.56B
Next Earnings
Jun 26, 2024
Next Dividend
N/A

General Mills Overview

WallStreetZen was built to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on GIS's stock page.

Is GIS stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge GIS's fair value.

Using relative valuations metrics:

  • GIS may be undervalued based on its P/E ratio of 15.52x, relative to Packaged Foods industry P/E ratio of 25.46x
  • GIS may be overvalued based on its P/B ratio of 4.09x, relative to Packaged Foods industry P/B ratio of 2.15x
  • GIS could be overvalued based on its PEG ratio of 5.84x

You can do more valuation research on GIS's stock here.

GIS Financial Summary

Passed Financial Due Diligence Checks:

  • GIS's operating cash flow of $3.19B allows it to safely service it's debt of $12.51B.
  • GIS earnings of $3.61B is not sufficient to cover its interest payments.
  • Total GIS debt is lower than 5 years ago, relative to shareholder equity.

Failed Financial Due Diligence Checks:

  • GIS profit margin has gone down from 14% to 12.7% in the past year.
  • GIS has a relatively high debt to equity ratio of 2.24.
  • There are more short-term liabilities than short-term assets on the GIS balance sheet.
  • There are more long-term liabilities than short-term assets on the GIS balance sheet.

Is GIS stock a Buy, Hold, or Sell, according to analysts?

Out of 14 Wall Street analysts who monitor GIS, the consensus analyst rating on GIS is a Hold

Please note that analyst ratings are not recommendations, nor are they financial advice.

Latest GIS Analyst Upgrades/Downgrades

Pamela Kaufman, a top 9% analyst from Morgan Stanley maintains GIS with a strong sell rating and raises their GIS price target from $58.00 to $61.00, on Mar 21, 2024.

Robert Moskow, a top 7% analyst from TD Cowen maintains GIS with a hold rating and raises their GIS price target from $68.00 to $70.00, on Mar 21, 2024.

Nik Modi, a bottom 3% analyst from RBC Capital reiterates GIS with a hold rating and maintains their GIS price target from $72.00 to $72.00, on Mar 21, 2024.

Ken Goldman, a top 10% analyst from JP Morgan maintains GIS with a hold rating and raises their GIS price target from $68.00 to $72.00, on Mar 21, 2024.

John Baumgartner, a top 18% analyst from Mizuho maintains GIS with a hold rating and raises their GIS price target from $65.00 to $70.00, on Mar 21, 2024.

You can dig deeper into what analysts are saying on the General Mills stock forecast page.

Metrics for Advanced GIS Traders

SMA10
70.38
SMA20
70.23
SMA50
69.66
SMA100
67.01
SMA200
66.29
MACD
0.08
MACD Signal
0.36
MACD Histogram
-0.28
RSI
40.29
Stochastic %K
21.3
Stochastic %D
44.35
StochRSI %K
9.94
StochRSI %D
31.4

GIS Growth Numbers

Last year, GIS earnings were $2.55B. In the last 5 year, GIS's earnings have grown by 11.44% per year. This was faster than the Packaged Foods industry average of 8.55%.

Last year, GIS revenue was $20.17B. In the past five year, GIS's revenue has gone up by 3.98% per year. This was slower than the Packaged Foods industry average of 5.79%.

You can analyze GIS's earnings and revenue performance here.

What are GIS executives and large shareholders up to?

Over the past 12 months, insiders at GIS have sold more shares than they have bought.

Werner Lanette Shaffer, Chief Innovation Officer of GIS, was the latest GIS insider to sell. They sold $50,104.70 worth of GIS stock on May 13, 2024.

Research more about who owns GIS stock here.

Can I rely on GIS as an income stream?

General Mills pays a dividend of 3.46%, compared to the Packaged Foods industry's average dividend yield of 3.45%. If you owned $1,000 worth of GIS stock, you would have been paid $34.55 in the past 12 months.

General Mills dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about General Mills dividend yield and history here.

What do other investors have to say about GIS?

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Step 5: Place your GIS buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at an exact price limit, place a limit order.

Click the Open Trade button and your broker will place your order.

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Step 6: Get key alerts regarding your GIS investment

Now that you own some GIS stock, you'll want to keep up with your stock purchase.

Start a watchlist to get notified of important updates regarding your GIS stock.

GIS Feed

How to Buy Stock in General Mills

To summarize, here are the 6 steps to buy General Mills stock:

  1. Choose where to buy General Mills stock
  2. Open a brokerage account
  3. Put funds into your investment account
  4. Research General Mills stock
  5. Place your GIS buy order
  6. Get key alerts regarding your GIS investment

If you require a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get updates on your investment in General Mills, hit the button below to create your watchlist.

NYSE: GIS
$68.30-0.79 (-1.14%)
Updated May 24, 2024
Open eToro Account
NYSE: GIS
$68.30-0.79 (-1.14%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one General Mills share?

As of May 24, 2024, it costs $68.30 to buy one share of General Mills stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.146 shares of GIS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy General Mills stock?

According to 14 Wall Street analysts who monitor General Mills, their consensus recommendation is to hold General Mills stock.

What is the best way to buy General Mills stock?

One way to place an order for General Mills stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.