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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
New CBOE “special perk” helps traders target income every weekend (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
New CBOE “special perk” helps traders target income every weekend (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
Top-Rated StocksTop-RatedTop-Rated Dividend StocksTop-Rated Dividend

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

$285.53
-1.26 (-0.44%)
(As of 12/8/2023 08:57 PM ET)
Compare
Today's Range
$285.05
▼
$287.89
50-Day Range
$246.19
▼
$286.86
52-Week Range
$245.73
▼
$299.35
Volume
3.62 million shs
Average Volume
2.70 million shs
Market Capitalization
$207.11 billion
P/E Ratio
25.13
Dividend Yield
2.34%
Price Target
$316.72
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

McDonald's MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.85 Rating Score
Upside/​Downside
10.9% Upside
$316.72 Price Target
Short Interest
Healthy
0.97% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.39
Upright™ Environmental Score
News Sentiment
0.42mentions of McDonald
Based on 116 Articles This Week
Insider Trading
Selling Shares
$5.38 M Sold Last Quarter
Proj. Earnings Growth
5.78%
From $11.76 to $12.44 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.60 out of 5 stars

Retail/Wholesale Sector

28th out of 187 stocks

Eating Places Industry

7th out of 38 stocks

See Top Rated MarketRank™ Stocks Here

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

December 7, 2023 | marketbeat.com
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December 6, 2023 | marketbeat.com
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Consumer staples dividend stocks may have consistent growth and low volatility. Check out the best consumer staples dividend stocks on our list.
December 11, 2023 | Autonomix (Ad)
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
December 6, 2023 | marketbeat.com
McDonald's burger empire set for unprecedented growth over the next 4 years with 10,000 new stores
McDonald’s expects to open nearly 10,000 restaurants over the next four years, the fastest period of growth in the company’s history
December 11, 2023 | americanbankingnews.com
McDonald's Co. Forecasted to Earn Q4 2024 Earnings of $3.08 Per Share (NYSE:MCD)
December 10, 2023 | bbc.co.uk
CosMc's: Customers flock to McDonald's new retro drinks brand
December 10, 2023 | msn.com
McDonald's is on an absolute tear lately. Here's what it's planning as part of its new growth strategy.
December 10, 2023 | msn.com
McDonald’s comes for Starbucks with CosMc’s, a beverage-heavy spinoff
December 11, 2023 | Autonomix (Ad)
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
December 10, 2023 | wsj.com
How McDonald’s Is Overhauling Its Famous Burgers
December 10, 2023 | msn.com
Skip the drive-thru, head inside for a checkmate: why chess rules at this McDonald's
December 10, 2023 | msn.com
‘SNL's Weekend Update Takes On Nick Cannon's Spending At Disneyland & The New McDonald's Spinoff CosMc's
December 10, 2023 | finance.yahoo.com
Want $400 of Passive Income? Invest $16,000 in These 2 Dividend Giants
December 10, 2023 | yahoo.com
Single-Arch McDonald's Are Extremely Rare, But They Do Exist
December 9, 2023 | wsj.com
Chicken Nuggets in Reusable Bowls? McDonald's Isn't Lovin' It
December 9, 2023 | yahoo.com
McDonald's Breakfast Items That Are Pre-Cooked
December 9, 2023 | yahoo.com
McDonald's Is Bringing Back a Fan-Favorite Menu Item With a Twist
December 9, 2023 | msn.com
CosMc’s: Why McDonald’s wants its own coffee chain
December 9, 2023 | msn.com
Key evidence in the disappearance and death of millionaire Andreen McDonald
December 9, 2023 | finance.yahoo.com
Chicken Nuggets in Reusable Bowls? McDonald’s Isn’t Lovin’ It
December 9, 2023 | yahoo.com
McDonald's Plans to Roll Out a Major Upgrade to Its Burgers
December 9, 2023 | msn.com
McDonald's fans rejoice as popular item axed in 2016 is set to return
December 9, 2023 | ca.news.yahoo.com
McDonald’s spin-off CosMc’s opens its doors to customers
December 9, 2023 | msn.com
McDonald's reveals space-themed 'CosMc's,' new beverage-led restaurant
December 9, 2023 | msn.com
McDonald's to start selling bigger burgers, CEO confirms
December 9, 2023 | msn.com
Here are the 3 top risks facing McDonald's heading into 2024
December 9, 2023 | americanbankingnews.com
McDonald's Co. (NYSE:MCD) to Post Q3 2024 Earnings of $3.42 Per Share, Wedbush Forecasts
See More Headlines
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Company Calendar

Ex-Dividend for 9/18 Dividend
8/31/2023
Dividend Payable
9/18/2023
Last Earnings
10/30/2023
Ex-Dividend for 12/15 Dividend
11/30/2023
Today
12/10/2023
Dividend Payable
12/15/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Eating places
Sub-Industry
Restaurants
Sector
Retail/Wholesale
Current Symbol
NYSE:MCD
CUSIP
58013510
CIK
63908
Web
corporate.mcdonalds.com
Phone
(630) 623-3000
Fax
630-623-5004
Employees
150,000
Year Founded
1955

Price Target and Rating

Average Stock Price Target
$316.72
High Stock Price Target
$383.00
Low Stock Price Target
$278.00
Potential Upside/Downside
+10.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.85
Research Coverage
27 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$11.36
Trailing P/E Ratio
25.13
Forward P/E Ratio
24.28
P/E Growth
2.69
Net Income
$6.18 billion
Net Margins
33.31%
Pretax Margin
41.36%
Return on Equity
-157.19%
Return on Assets
16.59%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.71
Quick Ratio
1.70

Sales & Book Value

Annual Sales
$25.01 billion
Price / Sales
8.28
Cash Flow
$12.72 per share
Price / Cash Flow
22.45
Book Value
($8.20) per share
Price / Book
-34.82

Miscellaneous

Outstanding Shares
725,342,000
Free Float
723,384,000
Market Cap
$207.11 billion
Optionable
Optionable
Beta
0.70

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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 Sunday, December 10, 2023 at 7:26 PM.

Pros

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

  • McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally.
  • The company offers a wide range of menu items, including burgers, chicken sandwiches, salads, fries, and breakfast options like oatmeal, hash browns, breakfast burritos, and hotcakes.
  • McDonald's Corporation has a long history, being founded in 1940, and has established itself as a well-known and recognized brand.
  • The company has a strong global presence, with restaurants in numerous countries around the world.
  • McDonald's Corporation has a track record of financial success and profitability.

Cons

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

  • The fast food industry is highly competitive, and McDonald's faces competition from other major players in the market.
  • Changing consumer preferences and trends towards healthier eating habits could impact McDonald's sales and profitability.
  • The company's success is dependent on its ability to adapt to changing consumer demands and preferences.
  • McDonald's Corporation is subject to various regulations and legal requirements in the countries where it operates, which could impact its operations and financial performance.
  • Fluctuations in commodity prices, such as the cost of beef, chicken, and potatoes, could affect McDonald's profitability.














MCD Stock Analysis - Frequently Asked Questions

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

27 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last twelve months. There are currently 4 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street equities research 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?

27 brokerages 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 expect the company's stock price to reach $316.72 in the next twelve months. This suggests a possible upside of 10.9% 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 2023?

McDonald's' stock was trading at $263.53 at the beginning of the year. Since then, MCD shares have increased by 8.3% and is now trading at $285.53.
View the best growth stocks for 2023 here.

When is McDonald's' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 30th 2024.
View our MCD earnings forecast.

How were McDonald's' earnings last quarter?

McDonald's Co. (NYSE:MCD) issued its quarterly earnings results on Monday, October, 30th. The fast-food giant reported $3.19 EPS for the quarter, beating analysts' consensus estimates of $3.00 by $0.19. The fast-food giant had revenue of $6.69 billion for the quarter, compared to analyst estimates of $6.56 billion. McDonald's had a net margin of 33.31% and a negative trailing twelve-month return on equity of 157.19%. The business's revenue was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.68 EPS.

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

McDonald's announced a quarterly dividend on Wednesday, October 4th. Stockholders of record on Friday, December 1st will be paid a dividend of $1.67 per share on Friday, December 15th. This represents a $6.68 dividend on an annualized basis and a dividend yield of 2.34%. The ex-dividend date of this dividend is Thursday, November 30th. This is an increase from the stock's previous quarterly dividend of $1.52.
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 2.33%. 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 58.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MCD will have a dividend payout ratio of 53.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MCD.

What ETFs hold McDonald's' stock?

ETFs with the largest weight of McDonald's (NYSE:MCD) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Global X Dow 30 Covered Call ETF (DJIA), Nationwide Dow Jones Risk Managed Income ETF (NDJI), SPDR Dow Jones Industrial Average ETF Trust (DIA), Amplify YieldShares CWP Dividend & Option Income ETF (DIVO), Consumer Discretionary Select Sector SPDR Fund (XLY), ProShares Ultra Dow30 (DDM) and Vanguard Consumer Discretionary ETF (VCR).

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 a number of institutional and retail investors. Top institutional shareholders include Morgan Stanley (1.75%), Wellington Management Group LLP (1.67%), Northern Trust Corp (1.27%), Bank of New York Mellon Corp (0.93%), FMR LLC (0.75%) and Charles Schwab Investment Management Inc. (0.74%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/11/2023 by MarketBeat.com Staff

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