McDonald's Corporation (MCD)

NYSE: MCD · IEX Real-Time Price · USD
247.79
-2.20 (-0.88%)
At close: Jul 2, 2024, 4:00 PM
247.81
+0.02 (0.01%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-0.88%
Market Cap 178.66B
Revenue (ttm) 25.76B
Net Income (ttm) 8.60B
Shares Out 721.01M
EPS (ttm) 11.78
PE Ratio 21.03
Forward PE 19.84
Dividend $6.68 (2.70%)
Ex-Dividend Date Jun 3, 2024
Volume 2,740,726
Open 249.68
Previous Close 249.99
Day's Range 247.41 - 251.03
52-Week Range 245.73 - 302.39
Beta 0.71
Analysts Buy
Price Target 312.83 (+26.25%)
Earnings Date Jul 29, 2024

About MCD

McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions. The company owns and operates under various structures comprising conventional franchise, developmental license, or affiliate. McD... [Read more]

Industry Restaurants
Founded 1940
Employees 150,000
Stock Exchange NYSE
Ticker Symbol MCD
Full Company Profile

Financial Performance

In 2023, McDonald's's revenue was $25.49 billion, an increase of 9.97% compared to the previous year's $23.18 billion. Earnings were $8.47 billion, an increase of 37.09%.

Financial Statements

Analyst Forecast

According to 28 analysts, the average rating for MCD stock is "Buy." The 12-month stock price forecast is $312.83, which is an increase of 26.25% from the latest price.

Price Target
$312.83
(26.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

3-Stock Lunch: Tesla, McDonald's and Birkenstock

Jerry Castellini, CastleArk Management, joins 'Power Lunch' to discuss plays for three stocks.

Other symbols: BIRKTSLA
1 day ago - CNBC Television

AI In The Drive-Thru: Chipotle, Starbucks, McDonald's Lead The Charge

Artificial intelligence (AI) is revolutionizing the restaurant industry.

Other symbols: CMGSBUX
1 day ago - Benzinga

Stocks To Watch in July

The S&P 500 closed at a record high seven times in June as a string of earnings reports from the likes of Broadcom (AVGO) and Oracle (ORCL) showed demand for artificial intelligence (AI) and the wares...

Other symbols: AVGOBASPOTTSLA
2 days ago - Investopedia

Can McDonald's make money on $5 meals when inflation is so high?

When McDonald's Corp. announced its mixed first-quarter results on April 30, CEO Chris Kempczinski said customers were being “more discriminating with every dollar” they spent and that the company wou...

4 days ago - Market Watch

Amid weak consumer spending, buy Costco, skip McD's: Strategist

On today's edition of Good Buy or Goodbye, Tematica Research chief investment officer Chris Versace joins Julie Hyman to discuss his top picks as consumers struggle with the rising cost of food. Versa...

Other symbols: COST
5 days ago - Yahoo Finance

McDonald's, its rivals offer $5 meal deals to lure back budget-conscious consumers. Will the plan work?

Fast food giants like McDonald's and Burger King are offering nearly identical deals in order to lure back customers who have been cutting back on dining out.

7 days ago - Fox Business

Here's how much profit McDonald's makes on its new $5 meal

That's the opinion of restaurant-industry experts in respect to a new offering that McDonald's MCD, -1.27% rolled out nationwide on Tuesday. The $5 combo includes a McDouble cheeseburger or McChicken ...

7 days ago - Market Watch

Calls of the Day: Uber, Tesla & McDonald's

The Investment Committee discuss the latest Calls of the Day.

Other symbols: TSLAUBER
7 days ago - CNBC Television

V, HSY, MCD: What Parts of the Markets are Fairly Valued?

When you look outside the top 5 or 10 stocks, the market looks fairly valued, notes Max Wasserman. He analyzes momentum in the technology sector, then goes over his stock ideas which include Visa (V),...

Other symbols: HSYV
7 days ago - Schwab Network

McDonald's Launches '$5 Meal Deal' as Fast Food's Price War Grows

McDonald's (MCD) has officially launched its latest attempt to win back price-conscious customers with its "$5 Meal Deal," along with a number of other promotions set to run through the summer or rest...

7 days ago - Investopedia

McDonald's has a value perception problem, says Evercore's David Palmer

David Palmer, Evercore ISI analyst, joins 'Squawk on the Street' to discuss McDonald's as the company rolls out a $5 value meal from today, the state of the fast food industry, and more.

7 days ago - CNBC Television

Value meals are a 'positive shift' for McDonald's to attract customers, says Jefferies' Andy Barish

Andy Barish, Jefferies equity analyst, joins CNBC's 'Squawk Box' to discuss McDonald's and other fast food chains launching value meals, potential impact in driving business, and more.

7 days ago - CNBC Television

Wedbush: McDonald's $5 value meal will increase customer traffic

Nick Setyan, Managing Director at Wedbush, discusses McDonald's $5 value meal and pricing pressures across the fast food restaurant space.

7 days ago - CNBC Television

260 McNuggets? McDonald's Ends A.I. Drive-Through Tests Amid Errors

Ordering mistakes frustrated customers during nearly three years of tests. But competitors like White Castle and Wendy's say their A.I.

11 days ago - NYTimes

McDonald's to Offer $5 Meal Deal as Consumers Seek Value

McDonald's is preparing to roll out a $5 Meal Deal and other value-oriented offers. The $5 Meal Deal will launch June 25 and will be offered at participating McDonald's restaurants for a limited time,...

12 days ago - PYMNTS

McDonald's to launch $5 meal deal next week to counter inflation

McDonald's will roll out its $5 meal deal from June 25 for a limited time at some restaurants across the U.S., the burger giant said on Thursday, as fast-food chains ramp up cost-friendly options to b...

12 days ago - Fast Company

McDonald's $5 meal deal to launch next week as fast-food chains woo frugal customers

McDonald's will roll out its $5 meal deal from June 25 for a limited time at some restaurants across the U.S., the burger giant said on Thursday, as fast-food chains ramp up cost-friendly options to b...

12 days ago - Reuters

McDonald's to end AI drive-through amid increasing order errors

McDonald's has decided to discontinue its trial of an artificial intelligence (AI)-assisted ordering system at select drive-through restaurants. The decision comes after videos of numerous order error...

13 days ago - Invezz

McDonald's is pulling the plug on its AI-powered drive-thrus

McDonald's is ending its test run of AI powered drive-thru's after several mishaps.

14 days ago - The Street

McDonald's ends AI drive-thru trial after mishaps - including ice cream with bacon

McDonald's is ending its AI drive-thru trial after customers reported errors in their orders - including bacon being added to ice cream.

14 days ago - Skynews

Bacon ice cream, a handful of butter: McDonald's scraps AI drive-thru orders after hilarious glitches

McDonald's is ditching its AI ordering system after too many customers wound up with hilarious, wonky orders from the artificial intelligence tech.

14 days ago - Fast Company

McDonald's will end AI drive-through partnership with IBM

McDonald's (MCD) will put an end to its AI drive-thru partnership with IBM (IBM) in late July as many customer complaints over botched orders began to mount. The fast-food chain does have plans to con...

Other symbols: IBM
14 days ago - Yahoo Finance

McDonald's is ending its test run of AI-powered drive-thrus with IBM

Ever get your McDonald's order mixed up at an AI-powered drive-thru? The experiment behind the fast food giant's current automated order taker will soon be coming to a close.

Other symbols: IBM
14 days ago - TechXplore

McDonald's to end two-year drive-through AI experiment after mishaps at restaurants using the technology

McDonald's is ending a two-year experiment, conducted with IBM Corp., for drive-through, automated order taking, or AOT, and will remove the technology, following some mishaps at the more than 100 res...

14 days ago - Market Watch

McDonald's ends AI drive-thru trial as fast food industry tests automation

Companies have touted AI as future of the industry, but technology has also resulted in viral videos of wrong orders

15 days ago - The Guardian