General Mills (GIS) Projected to Post Earnings on Wednesday

General Mills (NYSE:GIS) is expected to be issuing its Q3 2026 Prepared Remarks results before the market opens on Wednesday, March 18th. Analysts expect General Mills to post earnings of $0.84 per share and revenue of $4.5274 billion for the quarter. General Mills has set its FY 2026 guidance at 3.580-3.790 EPS. Individuals can find conference call details on the company’s upcoming Q3 2026 Prepared Remarks earning report page for the latest details on the call scheduled for Wednesday, March 18, 2026 at 8:00 AM ET.

General Mills (NYSE:GIS) last posted its earnings results on Wednesday, December 17th. The company reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.07. The company had revenue of $4.86 billion for the quarter, compared to the consensus estimate of $4.78 billion. General Mills had a return on equity of 21.41% and a net margin of 13.51%.General Mills’s revenue was down 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.40 earnings per share. On average, analysts expect General Mills to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

General Mills Trading Down 0.1%

General Mills stock opened at $39.38 on Monday. General Mills has a 52-week low of $39.29 and a 52-week high of $62.61. The company has a market cap of $21.01 billion, a P/E ratio of 8.47 and a beta of -0.05. The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 1.30. The business has a 50-day simple moving average of $44.98 and a two-hundred day simple moving average of $47.00.

General Mills Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a $0.61 dividend. The ex-dividend date is Friday, April 10th. This represents a $2.44 annualized dividend and a yield of 6.2%. General Mills’s dividend payout ratio (DPR) is presently 52.47%.

Insider Buying and Selling

In related news, insider Paul Joseph Gallagher sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $48.15, for a total value of $72,225.00. Following the transaction, the insider directly owned 48,568 shares of the company’s stock, valued at approximately $2,338,549.20. The trade was a 3.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On General Mills

Several institutional investors and hedge funds have recently modified their holdings of GIS. Zions Bancorporation National Association UT boosted its position in shares of General Mills by 248.1% during the fourth quarter. Zions Bancorporation National Association UT now owns 630 shares of the company’s stock worth $29,000 after acquiring an additional 449 shares during the last quarter. Binnacle Investments Inc increased its holdings in General Mills by 312.5% in the 3rd quarter. Binnacle Investments Inc now owns 660 shares of the company’s stock valued at $33,000 after acquiring an additional 500 shares during the last quarter. Kelleher Financial Advisors purchased a new stake in General Mills in the 3rd quarter worth $34,000. Ancora Advisors LLC lifted its stake in General Mills by 124.9% in the 3rd quarter. Ancora Advisors LLC now owns 875 shares of the company’s stock worth $44,000 after purchasing an additional 486 shares in the last quarter. Finally, Jessup Wealth Management Inc bought a new position in shares of General Mills during the 4th quarter valued at about $52,000. Institutional investors own 75.71% of the company’s stock.

Key Stories Impacting General Mills

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

• Positive Sentiment: Named Jonathan Ness as Chief Supply Chain Officer and accelerated removal of certified colors in its K–12 portfolio — a move that could improve execution, margin recovery and brand positioning if cost-savings and premiumization follow. Does General Mills’ (GIS) Supply Chain Shift and Cleaner Labels Recast Its Margin Narrative?
• Neutral Sentiment: Pre-earnings coverage is digging beyond revenue/EPS to metrics investors care about (gross margin, organic sales, pricing/volume mix, working capital) ahead of the Q3 print. Watch margins and SG&A cadence. Countdown to General Mills (GIS) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS
• Neutral Sentiment: Another analyst preview (Zacks) reiterates the same focus on operational metrics and margin drivers for the quarter — useful guidance but not market-moving by itself. Countdown to General Mills (GIS) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS (Zacks)
• Neutral Sentiment: General market pieces on high-yield names (Fool) do not feature GIS specifically but underscore investor appetite for yield — relevant context given concerns about GIS’s payout ratio. Here Are My Top 3 High-Yield Dividend Stocks to Buy Now
• Negative Sentiment: Wells Fargo downgraded General Mills to Underweight, flagging earnings pressure, elevated leverage and a stretched dividend payout ratio — a direct catalyst behind the stock weakness. Wells Fargo downgrades General Mills (GIS)
• Negative Sentiment: Related Wells Fargo note cited across outlets downgrading Conagra, Campbell’s and General Mills for similar profit and payout risks — broad analyst skepticism for the packaged-food group. Wells Fargo downgrades Conagra, Campbell’s and General Mills on profit risks
• Negative Sentiment: Benzinga and other outlets note additional analyst downgrades and a tilt toward bearish coverage on GIS — reinforcing the negative momentum among sell-side shops. This General Mills Analyst Turns Bearish; Here Are Top 5 Downgrades For Thursday
• Negative Sentiment: Peer weakness: Campbell’s reported a weak quarter (sales down, organic sales down), highlighting consumption pressure in the category — negative signal for pricing/volume prospects across packaged foods. Campbell’s posts one of worst quarters in years: revenues fell 5%, organic sales dropped 3%

Wall Street Analyst Weigh In

GIS has been the topic of several analyst reports. Stifel Nicolaus dropped their price target on shares of General Mills from $52.00 to $50.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Bank of America lowered General Mills from a “buy” rating to a “neutral” rating and set a $48.00 price objective for the company. in a research note on Monday, February 23rd. Morgan Stanley decreased their target price on General Mills from $47.00 to $44.00 and set an “underweight” rating on the stock in a report on Wednesday, February 18th. Royal Bank Of Canada set a $63.00 target price on General Mills and gave the company an “outperform” rating in a research report on Wednesday, December 17th. Finally, Sanford C. Bernstein reduced their price target 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. Four analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $49.11.

General Mills Company Profile

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.