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3 Value Stocks Too Small For Buffett’s Portfolio
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Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?

McDonald's (MCD) Stock Price, News & Analysis

$281.95
-0.07 (-0.02%)
(As of 03/28/2024 ET)
Today's Range
$281.25
$283.38
50-Day Range
$278.61
$300.53
52-Week Range
$245.73
$302.39
Volume
3.35 million shs
Average Volume
3.19 million shs
Market Capitalization
$203.58 billion
P/E Ratio
24.37
Dividend Yield
2.37%
Price Target
$320.60

McDonald's MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.77 Rating Score
Upside/​Downside
13.7% Upside
$320.60 Price Target
Short Interest
Healthy
1.21% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.39
Upright™ Environmental Score
News Sentiment
0.22mentions of McDonald
Based on 104 Articles This Week
Insider Trading
Selling Shares
$312,534 Sold Last Quarter
Proj. Earnings Growth
8.97%
From $12.38 to $13.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.84 out of 5 stars

Retail/Wholesale Sector

17th out of 203 stocks

Eating Places Industry

3rd out of 41 stocks

MCD stock logo

About McDonald's Stock (NYSE:MCD)

McDonald's Corporation is a U.S.-based multinational restaurant chain that serves hamburgers, fries, chicken sandwiches and drinks. The company is the largest restaurant chain by revenue and serves more than 69 million customers daily. Total revenue topped $23 billion in 2022, with most revenue coming from its franchisees. The company operates in 100 countries and is the world's second-largest private employer, with more than 200,000 executives, managers, cooks and front-line staff. 

McDonald's most iconic food items include French fries and the Big Mac. McDonald's serves hot and crispy fries. Its Big Mac is a double-decker burger with cheese, lettuce, tomato and "secret sauce," a combination of thousand island and French dressing that evokes a sharper flavor. 

Richard and Maurice McDonald founded McDonald's in 1940. Its first restaurant location was in San Bernardino, California, and it quickly rebranded into a hamburger stand. The new concept met colossal success, and soon, the two were franchising their brand to other operators. The key to the brother's success was the Speedee Service System introduced in 1948. This system modeled concepts established by earlier chains. 

The company introduced the golden arches in 1953 in Arizona and reached a significant turning point in 1955 when Ray Kroc entered the picture. He came aboard as the company's franchising agent and bought the company while expanding it. His first restaurant was the company's ninth total, but many agree that Kroc created the modern McDonald's Corporation. During his tenure, McDonald's expanded its footprint, enhanced its menu and grew into international territories. 

The fictional character Ronald McDonald came to life in 1963. He lives in McDonaldland with his pals Mayor McCheese, Grimace, Birdie the Early Bird, the Fry Kids and the Hamburglar. He was invented as a marketing ploy to attract children and has become one of the nation's most beloved characters. At the peak of his popularity, the company employed more than 300 full-time clowns to portray Ronald McDonald. 

Today, McDonald's Corporation operates and franchises McDonald's restaurants globally. The company generates revenue via sales in company-owned stores and rents, fees and royalties from its franchisees. The company's business model is to aid franchisees with real estate purchases and buildings so that it can collect on rent and other fees and brand royalties. As of 2022, the company owns about 45% of the land its restaurants sit on and 70% of the buildings. This model not only generates additional revenue and earnings but helps to insulate it from ups and downs in the consumer cycle. 

As of December 31, 2023, the company operated about 38,000 restaurants, which includes the closing or divestiture of business in Russia. 

MCD Stock Price History

MCD Stock News Headlines

Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Shares of Krispy Kreme NASDAQ: DNUT soared by as much as 40% on Tuesday following the announcement of a partnership with McDonald's NYSE: MCD. The companies revealed plans to make Krispy Kreme doughnuts available at all McDonald's restaurants across the United States.
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth? (MCD)
Shares of Krispy Kreme surged by as much as 40% after the company announced a McDonald's partnership, sparking hopes for growth and a potential turnaround.
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Do you want fries with that? Krispy Kreme doughnuts are coming to McDonald's
Krispy Kreme and McDonald’s are getting together over breakfast
McDonald’s to become the Grand Fromage in French football
McDonald’s will become the title sponsor of the French soccer league from July for the next three seasons
McDonald's names its CEO as new board chairman, taps Kimberly-Clark exec as independent director
McDonald’s CEO will become chairman of the company’s board later this spring, the company said Tuesday
Jack in the Box and the Case for a 30% Rally (MCD)
According to one analyst team at least, now’s not the time to walk away from Jack in the Box, and if anything, it’s time to start getting excited.
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
McDonald's system outages are reported around the world
Reports of system outages at McDonald’s are growing around the world, shuttering restaurants and leading to social media complaints
Mastering Stocks in the Dow: Insights into the DJIA (MCD)
What is the Dow Jones Industrial Average (DJIA)? The Dow Jones Industrial Average includes 30 companies, once all industrial companies. Learn more.
Reports: McDonald's close to becoming French soccer league title sponsor for next three seasons
The French soccer league is reportedly close to signing a big sponsorship deal with McDonald's for the next three seasons
7 Blue-Chip Stocks to Buy at a 52-Week Low in March
See More Headlines
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Company Calendar

Last Earnings
2/05/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
3/28/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
CUSIP
58013510
Employees
150,000
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$320.60
High Stock Price Target
$383.00
Low Stock Price Target
$278.00
Potential Upside/Downside
+13.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
30 Analysts

Profitability

Net Income
$8.47 billion
Pretax Margin
41.27%

Debt

Sales & Book Value

Annual Sales
$25.49 billion
Cash Flow
$14.98 per share
Book Value
($6.49) per share

Miscellaneous

Free Float
720,102,000
Market Cap
$203.83 billion
Optionable
Optionable
Beta
0.72

Social Links

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Should I Buy McDonald's Stock? MCD Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of McDonald's was last updated on Wednesday, March 27, 2024 at 10:47 PM.

Pros

Here are some ways that investors could benefit from investing in McDonald's Co.:

  • McDonald's has a strong brand presence globally, which can lead to consistent revenue streams and customer loyalty.
  • Recent analyst ratings have been positive, with many analysts giving a "buy" or "outperform" rating, indicating growth potential.
  • McDonald's has been expanding its digital capabilities, enhancing customer experience and potentially increasing sales.
  • Winslow Capital Management LLC increased its stake in McDonald's by 39.6% in the third quarter, showing confidence in the company's future performance.
  • McDonald's stock price has been relatively stable, providing a sense of security for investors.

Cons

Investors should be bearish about investing in McDonald's Co. for these reasons:

  • Despite positive analyst ratings, there is always a level of uncertainty in the stock market that could affect McDonald's performance.
  • Competition in the fast-food industry is intense, which may impact McDonald's market share and profitability.
  • Changes in consumer preferences towards healthier options could pose a challenge for McDonald's traditional menu offerings.
  • Institutional investors own a significant portion of McDonald's stock, potentially leading to volatility in the stock price.
  • Economic downturns or global events can impact consumer spending habits, affecting McDonald's sales and revenue.

MCD Stock Analysis - Frequently Asked Questions

Should I buy or sell McDonald's stock right now?

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last year. There are currently 7 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MCD shares.
View MCD analyst ratings
or view top-rated stocks.

What is McDonald's' stock price target for 2024?

30 Wall Street research analysts have issued 1-year price targets for McDonald's' stock. Their MCD share price targets range from $278.00 to $383.00. On average, they predict the company's stock price to reach $320.60 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price.
View analysts price targets for MCD
or view top-rated stocks among Wall Street analysts.

How have MCD shares performed in 2024?

McDonald's' stock was trading at $296.51 at the beginning of 2024. Since then, MCD shares have decreased by 4.9% and is now trading at $281.96.
View the best growth stocks for 2024 here
.

When is McDonald's' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our MCD earnings forecast
.

How were McDonald's' earnings last quarter?

McDonald's Co. (NYSE:MCD) announced its earnings results on Monday, February, 5th. The fast-food giant reported $2.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.12. The fast-food giant earned $6.41 billion during the quarter, compared to analysts' expectations of $6.45 billion. McDonald's had a negative trailing twelve-month return on equity of 171.96% and a net margin of 33.22%. The firm's quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.59 earnings per share.

How often does McDonald's pay dividends? What is the dividend yield for McDonald's?

McDonald's announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Friday, March 1st will be given a dividend of $1.67 per share on Friday, March 15th. This represents a $6.68 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for MCD
.

Is McDonald's a good dividend stock?

McDonald's (NYSE:MCD) pays an annual dividend of $6.68 per share and currently has a dividend yield of 2.40%. The company has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 57.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MCD will have a dividend payout ratio of 49.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MCD.

What is Chris Kempczinski's approval rating as McDonald's' CEO?

2,583 employees have rated McDonald's Chief Executive Officer Chris Kempczinski on Glassdoor.com. Chris Kempczinski has an approval rating of 78% among the company's employees.

What other stocks do shareholders of McDonald's own?

Based on aggregate information from My MarketBeat watchlists, some companies that other McDonald's investors own include Johnson & Johnson (JNJ), Walt Disney (DIS), AT&T (T), Home Depot (HD), NVIDIA (NVDA), Intel (INTC), Walmart (WMT), Cisco Systems (CSCO), Verizon Communications (VZ) and JPMorgan Chase & Co. (JPM).

Who are McDonald's' major shareholders?

McDonald's' stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.56%), Vanguard Group Inc. (9.52%), Wellington Management Group LLP (1.63%), Norges Bank (1.25%), Northern Trust Corp (1.23%) and Price T Rowe Associates Inc. MD (1.01%). Insiders that own company stock include Anthony Capuano, Catherine A Hoovel, Catherine M Engelbert, Christopher J Kempczinski, Edith Morgan Flatley, Enrique Hernandez, Jr, Heidi B Capozzi, Ian Frederick Borden, Jo Sempels, Joseph M Erlinger, Kevin M Ozan, Manuel Jm Steijaert and Marion K Gross.
View institutional ownership trends
.

How do I buy shares of McDonald's?

Shares of MCD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does McDonald's have any subsidiaries?
The following companies are subsidiares of McDonald's: 3267114 Nova Scotia Company, Apprente, Asia Pacific McD Franchising, Boston Market, Caspers Company, Donatos Pizza, Dynamic Yield, HanGook McDonald's Co. Ltd., Limited Liability Company "NRO", MCD Europe Limited, MCD Global Franchising Limited, McD APMEA Singapore Investments Pte. Ltd., McD Asia Pacific LLC, McDonald's Australia Limited, McDonald's Deutschland LLC, McDonald's Development Italy LLC, McDonald's France S.A.S., McDonald's Franchise GmbH, McDonald's Global Markets LLC, McDonald's GmbH, McDonald's Immobilien Gesellschaft mit beschränkter Haftung, McDonald's International Property Company Ltd., McDonald's Limited Liability Company, McDonald's Nederland B.V., McDonald's Polska Sp. z o.o, McDonald's Real Estate Company, McDonald's Real Estate LLP, McDonald's Restaurant Operations Inc., McDonald's Restaurants Limited, McDonald's Restaurants of Canada Limited, McDonald's Suisse Development Sàrl, McDonald's Suisse Franchise Sàrl, McDonald's Suisse Restaurants Sàrl, McDonald's USA LLC, Moscow-McDonald's, and Restaurantes McDonald's S.A.U..
Read More
This page (NYSE:MCD) was last updated on 3/28/2024 by MarketBeat.com Staff

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