McDonald's Corporation (MCD)

NYSE: MCD · IEX Real-Time Price · USD
276.75
-0.13 (-0.05%)
At close: Apr 24, 2024, 4:00 PM
276.81
+0.06 (0.02%)
After-hours: Apr 24, 2024, 7:58 PM EDT
-0.05%
Market Cap 199.54B
Revenue (ttm) 25.49B
Net Income (ttm) 8.47B
Shares Out 721.01M
EPS (ttm) 11.56
PE Ratio 23.94
Forward PE 22.11
Dividend $6.68 (2.41%)
Ex-Dividend Date Feb 29, 2024
Volume 4,009,319
Open 275.54
Previous Close 276.88
Day's Range 272.89 - 277.03
52-Week Range 245.73 - 302.39
Beta 0.71
Analysts Buy
Price Target 316.83 (+14.48%)
Earnings Date Apr 30, 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 $316.83, which is an increase of 14.48% from the latest price.

Price Target
$316.83
(14.48% upside)
Analyst Consensus: Buy
Stock Forecasts

News

2 Wide-Moat Stocks Trading at Rare Discounts

#Morningstar  #StarbucksStock #StockInvesting While growth in this industry slows, the prospects for these well-known brands look attractive. 00:00 Introduction 01:00 McDonald's MCD 01:32 Starbucks SB...

Other symbols: SBUX
1 day ago - Morningstar

McDonald's under fire at regulator again for use of antibiotics

In the latest entry to the enduring saga of shareholders versus fast food chains, The Shareholder Commons (TSC) has filed a notice of exempt solicitation against McDonald's Corporation with United Sta...

2 days ago - Invezz

McDonalds is bringing back bagels to boost California sales after state minimum wage hike

McDonald's is bringing back bagel breakfast sandwiches to California restaurants. The popular menu item, plus a $15 million ad buy, could boost sales by 10%, according to Bloomberg.

9 days ago - Business Insider

McDonald's franchisee struggles with CA's min wage hike: ‘It's been a whirlwind'

California McDonald's franchisee Scott Rodrick joins ‘Varney & Co.' to discuss California's highly controversial $20 minimum wage hike.

12 days ago - Fox Business

California McDonald's franchisee shares struggle with 'unprecedented' impact of new minimum wage

McDonald's franchise owner Scott Rodrick is very concerned about the financial impact California's $20 minimum wage mandate will have on his restaurants.

12 days ago - Fox Business

Trade Tracker: Honeywell, Freeport-McMoran, Leidos Holdings, Cisco, McDonald's, Netflix & ASML

The Committee discusses the latest moves in their portfolios.

Other symbols: ASMLCSCOFCXHONLDOSNFLX
12 days ago - CNBC Television

Three-Stock Lunch: Chevron, Coca-Cola & McDonald's

Gina Sanchez, chief market strategist at Lido Advisors, joins CNBC's 'Power Lunch' to discuss plays for three stocks: Chevron, Coca-Cola, and McDonald's.

Other symbols: CVXKO
19 days ago - CNBC Television

McDonald's will buy 225 Israel restaurants after sales losses from pro-Palestine boycotts

The McDonald's Corporation has announced it will take over ownership of the 225 restaurants that make up its Israeli franchise after signing an agreement with Israeli company Alonyal Limited, which ov...

19 days ago - Fast Company

These household-name companies have bonds yielding more than 5%

Bonds issued by a group of household name companies are yielding more than 5% following the recent move in Treasurys, offering handy returns for investors with the right time frame.

Other symbols: CLXCPBDISMMMNFLX
19 days ago - Market Watch

Krispy Kreme Stock Jumps on Upgrade. McDonald's Deal Could Boost Earnings.

Piper Sandler analyst Brian Mullan upgraded Krispy Kreme stock to Overweight from Neutral, and lifted the target price to $20 from $14.

Other symbols: DNUT
19 days ago - Barrons

McDonald's will buy all 225 restaurants from Israel franchise following pro-Palestinian boycott fallout

McDonald's signed a deal to purchase all 225 of the restaurants that comprise its Israel franchise, the American fast-food chain announced.

19 days ago - CNBC

McDonald's takes over franchise that sparked global boycotts for giving meals to Israeli military

US fast food chain is buying Israel franchise from Alonyal Ltd, taking back ownership of 225 restaurants in the country

19 days ago - The Guardian

McDonald's is reclaiming all its Israeli restaurants, exposing the cracks in its global franchise model

McDonald's plans to buy back all 225 of its restaurants in Israel from its long-standing franchisee. Israeli stores stridently back the Israeli military, which sparked boycotts in other markets.

19 days ago - Business Insider

McDonald's to buy Israel stores as turmoil rages in Middle East, boycotts loom

McDonald's will buy all 225 of its Israeli franchise restaurants and operate them, even while many in the region have staged boycotts against the popular fast-food chain.

19 days ago - Fox Business

McDonald's to buy franchise that faced boycotts after donating meals to Israeli military following Oct. 7 attacks

CEO Chris Kempczinski had said in January the company has seen "meaningful impact" in several markets in the Middle East and some outside the region due to the Israel-Hamas conflict.

20 days ago - New York Post

McDonald's menu prices have increased by over 100% during the last decade: study

A Quarter Pounder with Cheese meal, which in 2014 would have set you back $5.39, now goes for $11.99 -- more than double.

21 days ago - New York Post

Ellie McDonald and Jeannine Sargent Join G2 Venture Partners

PORTOLA VALLEY, Calif.--(BUSINESS WIRE)--G2 Venture Partners, a venture capital firm investing in transformative technology companies at their inflection points to build a sustainable future, today an...

21 days ago - Business Wire

McDonald's franchisee raises prices after Calif. minimum wage law — but won't charge $20 for a Happy Meal

In the last three months, McDonald's franchisee Scott Rodrick has raised menu prices between 5% and 7% in anticipation of the new law.

22 days ago - New York Post

McDonald's All American Games Selects Joyce Edwards and Dylan Harper as the 2024 Morgan Wootten National Players of the Year

Two of the game's rising stars honored for their talent and work in the community CHICAGO , April 1, 2024 /PRNewswire/ -- The McDonald's All American Games Selection Committee is proud to announce tha...

23 days ago - PRNewsWire

McDonald's CA franchisee on new minimum wage: The sheer scale of the impact is just breathtaking

Scott Rodrick, McDonald's California franchisee, joins 'Squawk Box' to discuss news of the new fast-food minimum wage hike in California, the impact on franchise operators in the state, and more.

23 days ago - CNBC Television

McDonald's brings back bagels — breakfast staple it discontinued in 2020

“I am hearing from operators who just rolled out that they are selling more bagels in one day than an entire week five years ago.”

26 days ago - New York Post

McDonald's to sell Krispy Kreme nationwide as alliance deepens

McDonald's (MCD) and Krispy Kreme (DNUT) announced on Tuesday that their national partnership will expand. Krispy Kreme began selling donuts at McDonald's locations in 2022, with a nationwide rollout ...

Other symbols: DNUT
26 days ago - Yahoo Finance

Buy a Krispy Kreme at McDonald's. It's the New Super Breakfast Deal.

The partnership starts rolling out later this year, and across the U.S. by the end of 2026.

Other symbols: DNUT
27 days ago - Barrons

Krispy Kreme's stock price proves the market-moving power of McDonald's

Shares of donut brand Krispy Kreme are on the rise again today after the company announced a partnership with fast food chain McDonald's.

Other symbols: DNUT
4 weeks ago - Fast Company

Fast-food companies seeing low-income diners pare orders

Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald's and Wendy's recently said they worry about losing...

Other symbols: WEN
4 weeks ago - Reuters