McDonald's Corporation (MCD)

NYSE: MCD · IEX Real-Time Price · USD
274.43
+1.39 (0.51%)
At close: May 1, 2024, 4:00 PM
275.02
+0.59 (0.21%)
Pre-market: May 2, 2024, 8:47 AM EDT
0.51%
Market Cap 197.87B
Revenue (ttm) 25.49B
Net Income (ttm) 8.47B
Shares Out 721.01M
EPS (ttm) 11.56
PE Ratio 23.74
Forward PE 21.95
Dividend $6.68 (2.43%)
Ex-Dividend Date Feb 29, 2024
Volume 4,623,579
Open 271.38
Previous Close 273.04
Day's Range 270.05 - 276.43
52-Week Range 245.73 - 302.39
Beta 0.71
Analysts Buy
Price Target 315.38 (+14.92%)
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 $315.38, which is an increase of 14.92% from the latest price.

Price Target
$315.38
(14.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Highly ranked manager who bet on Mag 7 giants looks to these second-order winners from AI

Large-cap growth funds have been in the sweet spot for a few years now, thanks to megacap tech holdings.

2 hours ago - Market Watch

Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's

Starbucks, Pizza Hut and KFC are among the chains that reported same-store sales declines this quarter.

Other symbols: SBUXYUM
18 hours ago - CNBC

Restaurant Stock Earnings Explained

McDonald's (MCD) reports first profit miss in more than two years. Rob Dongoski breaks down this morning's restaurant earnings.

1 day ago - Schwab Network

McDonald's and other big brands warn that low-income consumers are starting to crack

Some of America's best-known corporations are saying their consumers are being pinched by inflation as prices continue rising.

1 day ago - CNBC Television

Three-Stock Lunch: 3M, Coca-Cola & McDonald's

Aadil Zaman, Wall Street Alliance Group partner, joins 'Power Lunch' to discuss plays for three stocks: 3M, Coca-Cola, and McDonald's.

Other symbols: KOMMM
1 day ago - CNBC Television

McDonald's CEO: California minimum wage hike driving labor inflation

McDonald's CEO Chris Kempczinski said the company is anticipating high single-digital labor inflation, which he largely contributed to the recent law enacted in California.

1 day ago - Fox Business

The latest earnings from McDonald's left much to be desired as prices at checkout continue to grow.

The latest earnings from McDonald's left much to be desired as prices at checkout continue to grow. Transcript: Investors look ahead to Wednesday's Fed decision and McDonald's may finally be feeling t...

1 day ago - The Street

McDonald's Seeks to Make Menu More Affordable for Inflation-Weary Consumers

The burger chain reported slower-than-expected same-store sales growth for the first quarter.

1 day ago - WSJ

McDonald's Stock Struggles After Rare Earnings Miss

McDonald's stock is choppy Tuesday after a mixed first-quarter earnings report. Here's what you need to know.

1 day ago - Kiplinger

McDonald's Says It's Feeling the Impacts of Inflation as Consumers Watch Spending

McDonald's (MCD) reported first-quarter earnings that missed estimates as its results were hurt by the effects of inflation on consumers and continuing boycotts in the Middle East.

1 day ago - Investopedia

Companies from McDonald's to 3M warn consumers are being squeezed by sticky inflation

Higher prices have weighed on customers in an array of industries that interact with consumers.

Other symbols: MMM
1 day ago - CNBC

One of the most sobering McDonald's quarters we've heard in quite some time, says Evercore's Palmer

David Palmer, Evercore ISI senior managing director, joins 'Squawk on the Street' to discuss what to make of McDonald's latest quarterly earnings results, what would take McDonald's stock to $330 a sh...

1 day ago - CNBC Television

McDonald's Might Not Rebound Anytime Soon: BTIG's Saleh

Peter Saleh, BTIG managing director, restaurants, says McDonald's value messaging won't "turn the tide anytime soon." He speaks with Katie Greifeld on Bloomberg Television.

1 day ago - Bloomberg Markets and Finance

Consumer Staples McDonald's and Coke Report Earnings

McDonald's reported earnings that fell short of expectations due to slowing growth in the US and war in the Middle East. Coca-Cola raised prices and first-quarter earnings outpaced Wall Street estimat...

1 day ago - Bloomberg Markets and Finance

McDonald's profits hit by inflation, Middle East boycotts over Israel-Hamas war

McDonald's earnings fell short of expectations as its inflation-weary menu prices and boycotts at its Middle Eastern franchises hurt profits. McDonald's reported first-quarter net income of $1.93 bill...

1 day ago - New York Post

McDonald's earnings: Revenues hit, while EPS misses the mark in Q1 financial results

Today, on April 30th, fast food giant McDonald's Corporation (NYSE: MCD) reported its Q1 2024 financial results before US markets opened. Global comparable sales were up marginally, at 2% higher.

2 days ago - Invezz

McDonald's stock drops as profit comes up short

McDonald's Corp. MCD, +0.17% said its value message was resonating with customers, but its shares were headed nearly 2% lower in Tuesday's premarket action after the company came up shy on profit for ...

2 days ago - Market Watch

McDonald's posts rare profit miss as customers turn picky

McDonald's missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers and the Middle East conflict weighed on the burger chain's internation...

2 days ago - Reuters

McDONALD'S REPORTS FIRST QUARTER 2024 RESULTS

Global comparable sales have grown nearly 2% for the quarter, marking 13 consecutive quarters of positive comparable sales growth Consolidated revenues for the quarter were more than $6 billion, an in...

2 days ago - PRNewsWire

McDonald's is still a share gainer despite sales slowdown, says Brian Harbour

Brian Harbour, Equity Analyst at Morgan Stanley, discusses earnings from McDonald's and Starbucks.

2 days ago - CNBC Television

McDonald's is about to report earnings. Here's what to expect

McDonald's shares have fallen 7.5% over the last year, dragging its market value down to $197 billion.

2 days ago - CNBC

Earnings Exchange: McDonald's, Brinker International, Eli Lilly

Ari Wald, Oppenheimer head of technical analysis, joins CNBC's 'The Exchange' to discuss earnings from McDonald's, Brinker International, and Eli Lilly.

Other symbols: EATLLY
2 days ago - CNBC Television

McDonald's Supersizes China Bet as Corporate America Pulls Back

The fast-food chain aims to nearly double restaurants in the country after spending $1.8 billion to buy back a bigger stake in the company's business there.

2 days ago - WSJ

McDonald's Earnings Are Coming. Inflation May Not Be a Big Issue.

With its larger scale and healthier margin, the fast-food titan could win the fast-food wars.

2 days ago - Barrons

Domino's Pizza stock rises on earnings beat in a hopeful sign for chains. McDonald's and Starbucks are up next

Domino's first-quarter earnings report is in, and the pizza chain's U.S. sales outdid Wall Street analysts' expectations for the second quarter in a row. Quarterly net income is up 20% to $126 million...

Other symbols: DPZSBUX
2 days ago - Fast Company