McDonald's Corporation (MCD)
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]
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 StatementsAnalyst 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.
News
3-Stock Lunch: Tesla, McDonald's and Birkenstock
Jerry Castellini, CastleArk Management, joins 'Power Lunch' to discuss plays for three stocks.
AI In The Drive-Thru: Chipotle, Starbucks, McDonald's Lead The Charge
Artificial intelligence (AI) is revolutionizing the restaurant industry.
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...
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...
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...
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.
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 ...
Calls of the Day: Uber, Tesla & McDonald's
The Investment Committee discuss the latest Calls of the Day.
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),...
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...
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.
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.
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.
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.
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,...
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...
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...
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...
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.
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.
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.
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...
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.
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...
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