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Top-Rated Dividend StocksTop-Rated DividendMost-Upgraded StocksMost-Upgraded
NYSE:MCD

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

$284.54
-3.89 (-1.35%)
(As of 06/6/2023 ET)
Compare
Today's Range
$281.98
▼
$290.23
50-Day Range
$277.44
▼
$298.07
52-Week Range
$230.58
▼
$298.86
Volume
2.76 million shs
Average Volume
2.64 million shs
Market Capitalization
$207.72 billion
P/E Ratio
30.53
Dividend Yield
2.14%
Price Target
$306.83
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

McDonald's MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
7.8% Upside
$306.83 Price Target
Short Interest
Healthy
0.96% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.39
Upright™ Environmental Score
News Sentiment
0.18mentions of McDonald
Based on 65 Articles This Week
Insider Trading
Selling Shares
$3.73 M Sold Last Quarter
Proj. Earnings Growth
9.51%
From $11.04 to $12.09 Per Share

Overall MarketRank™

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

2.48 out of 5 stars

Retail/Wholesale Sector

49th out of 205 stocks

Eating Places Industry

8th out of 44 stocks

See Top Rated MarketRank™ Stocks Here

MCD stock logo

About McDonald's (NYSE:MCD) Stock

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. 

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MCD Stock News Headlines

June 6, 2023 | marketbeat.com
Are Red Robin’s Sizzling Gains Overcooked or Just Starting? (MCD)
Fast casual burger restaurant chain Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB) stock surged over 120% in 2023. The company implemented its North Star turnv
June 2, 2023 | marketbeat.com
Can Presto Automation Bring AI to the Drive-Thru? (MCD)
The fast food industry is turning to AI to deal with its labor problem. Companies like Presto Automation want to help robots take your order.
June 6, 2023 | Legacy Research (Affiliate) (Ad)
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
May 18, 2023 | marketbeat.com
Jack In The Box Is A Buy On Post-Earnings Weakness (MCD)
Jack In The Box is showing solid support after falling on results. The results are good and the guidance better so higher share prices are expected.
May 17, 2023 | marketbeat.com
Beyond Meat Turns A Corner, But Now Is Not The Time To Buy It (MCD)
Beyond Meat is not beyond hope, but that won't keep the share prices from falling; a new filing to raise capital and short-interest will see to that.
May 16, 2023 | marketbeat.com
Fast-Food Stocks Set To Sizzle This Summer  (MCD)
The analysts are upping their targets for fast food stocks and driving them to new highs because of outperformance, growth, and a positive outlook.
May 12, 2023 | marketbeat.com
McDonald's found liable for hot Chicken McNugget that fell from Happy Meal and burned girl
A jury in Florida says McDonald’s and a franchise holder are fault after a hot Chicken McNugget from a Happy Meal fell on a little girl’s leg and caused second-degree burns
May 12, 2023 | marketbeat.com
Is Krispy Kreme a Tasty Buy After Q1 Results?  (MCD)
Krispy Kreme stock had a decent quarter and reaffirmed guidance for near-10% growth in 2023 which sent shares higher, but how high can it go?
June 6, 2023 | Legacy Research (Affiliate) (Ad)
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
May 10, 2023 | marketbeat.com
Darden Expects Ruth's Chris Acquisition To Boost EPS (MCD)
Darden Restaurants is acquiring Ruth's Hospitality for $715 million. The deal is expected to close in June and be accretive to Darden's EPS in fiscal year 2024.
June 6, 2023 | msn.com
Just Leaked: McDonald’s Is Adding a Spicy Quarter Pounder to Its Menu
June 6, 2023 | msn.com
McDonald's has a special Grimace birthday meal, new purple berry-flavored shake, coming June 12
June 6, 2023 | finance.yahoo.com
Top Analyst Reports for JPMorgan Chase, McDonald's & Comcast
June 6, 2023 | news.yahoo.com
McDonald’s McFlurry hash brown ice cream sandwich goes viral
June 6, 2023 | yahoo.com
McDonald's Unveils New Purple Shake for a Limited Time
June 6, 2023 | msn.com
McDonald's Launches A New Grimace-Themed Shake And Spicy Hamburger
June 6, 2023 | msn.com
Dr. Eric McDonald Appointed Interim Director of Health And Human Services
June 5, 2023 | msn.com
McDonald named interim director of county Health and Human Services Agency
June 5, 2023 | msn.com
‘Breaks are literally 15-30 mins, y’all can handle 30mins w/o me!!’: Viewers praise McDonald’s worker who lets co-workers ‘struggle’ while he’s on break
June 5, 2023 | yahoo.com
This McDonald’s Hack Has Everyone Eating Ice Cream for Breakfast
June 5, 2023 | yahoo.com
TikTok had no idea McDonald’s sells $9 birthday cakes, and the unboxing videos are going viral: ‘I’m sorry, what?’
June 5, 2023 | news.yahoo.com
McDonald's Is About To Spice Up Their Menu & Customers Have Thoughts
June 5, 2023 | msn.com
McDonald's Unusual Options Activity
June 5, 2023 | msn.com
Man Loses Absurd Amount Of Weight After Only Eating McDonald’s For 100 Days
June 5, 2023 | msn.com
McDonald's Is Rumored To Be Releasing a New Quarter Pounder
June 5, 2023 | msn.com
Eight fun facts you may not know about McDonald's
June 5, 2023 | finance.yahoo.com
Russia's McDonald's heir growing quickly, in for the long haul
See More Headlines

MCD Price History

MCD Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Last Earnings
4/25/2023
Ex-Dividend for 6/20 Dividend
6/02/2023
Today
6/06/2023
Dividend Payable
6/20/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023
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 Forecast
$306.83
High Stock Price Forecast
$346.00
Low Stock Price Forecast
$267.00
Forecasted Upside/Downside
+7.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
28 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$9.32
Trailing P/E Ratio
30.53
Forward P/E Ratio
25.77
P/E Growth
3.06
Net Income
$6.18 billion
Net Margins
29.36%
Pretax Margin
36.52%
Return on Equity
-124.87%
Return on Assets
15.42%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.47
Quick Ratio
1.46

Sales & Book Value

Annual Sales
$23.18 billion
Price / Sales
8.96
Cash Flow
$12.53 per share
Price / Cash Flow
22.70
Book Value
($8.20) per share
Price / Book
-34.70

Miscellaneous

Outstanding Shares
730,030,000
Free Float
728,718,000
Market Cap
$207.72 billion
Optionable
Optionable
Beta
0.64

Social Links


Key Executives

  • Christopher J. KempczinskiChristopher J. Kempczinski
    President, Chief Executive Officer & Director
  • Ian Borden
    Chief Financial Officer & Executive Vice President
  • Brian S. Rice
    Global Chief Information Officer & Executive VP
  • Heidi B. Capozzi
    Global Chief People Officer & Executive VP
  • Desiree Ralls-Morrison
    Secretary, Executive VP & General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













MCD Stock - Frequently Asked Questions

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

28 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last year. There are currently 5 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" MCD shares.
View MCD analyst ratings or view top-rated stocks.

What is McDonald's' stock price forecast for 2023?

28 equities research analysts have issued 1-year price targets for McDonald's' stock. Their MCD share price forecasts range from $267.00 to $346.00. On average, they expect the company's share price to reach $306.83 in the next year. This suggests a possible upside of 7.8% 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 2023. Since then, MCD shares have increased by 8.0% and is now trading at $284.54.
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, July 25th 2023.
View our MCD earnings forecast.

How were McDonald's' earnings last quarter?

McDonald's Co. (NYSE:MCD) posted its earnings results on Tuesday, April, 25th. The fast-food giant reported $2.63 earnings per share for the quarter, beating analysts' consensus estimates of $2.31 by $0.32. The fast-food giant had revenue of $5.90 billion for the quarter, compared to the consensus estimate of $5.58 billion. McDonald's had a negative trailing twelve-month return on equity of 124.87% and a net margin of 29.36%. The business's quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the firm posted $2.28 earnings per share.
Read the conference call transcript.

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

McDonald's declared a quarterly dividend on Thursday, May 25th. Shareholders of record on Monday, June 5th will be paid a dividend of $1.52 per share on Tuesday, June 20th. This represents a $6.08 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Friday, June 2nd.
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 Global X Dow 30 Covered Call ETF (DJIA), SPDR Dow Jones Industrial Average ETF Trust (DIA), Nationwide Dow Jones Risk Managed Income ETF (NDJI), Amplify YieldShares CWP Dividend & Option Income ETF (DIVO), Fidelity MSCI Consumer Discretionary Index ETF (FDIS), ProShares Ultra Dow30 (DDM), Consumer Discretionary Select Sector SPDR Fund (XLY) and AdvisorShares Restaurant ETF (EATZ).

Is McDonald's a good dividend stock?

McDonald's (NYSE:MCD) pays an annual dividend of $6.08 per share and currently has a dividend yield of 2.10%. The company has been increasing its dividend for 46 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 65.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MCD will have a dividend payout ratio of 50.29% 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).

What is McDonald's' stock symbol?

McDonald's trades on the New York Stock Exchange (NYSE) under the ticker symbol "MCD."

Who are McDonald's' major shareholders?

McDonald's' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.01%), State Street Corp (4.60%), Wellington Management Group LLP (2.12%), Geode Capital Management LLC (1.91%), Price T Rowe Associates Inc. MD (1.05%) and Bank of New York Mellon Corp (0.98%). Insiders that own company stock include Anthony Capuano, Catherine A Hoovel, Catherine M Engelbert, Christopher J Kempczinski, Edith Morgan Flatley, Enrique Hernandez, Jr, Francesca A Debiase, 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.

What is McDonald's' stock price today?

One share of MCD stock can currently be purchased for approximately $284.54.

How much money does McDonald's make?

McDonald's (NYSE:MCD) has a market capitalization of $207.72 billion and generates $23.18 billion in revenue each year. The fast-food giant earns $6.18 billion in net income (profit) each year or $9.32 on an earnings per share basis.

How many employees does McDonald's have?

The company employs 150,000 workers across the globe.

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
How can I contact McDonald's?

McDonald's' mailing address is 110 NORTH CARPENTER STREET, CHICAGO IL, 60607. The official website for the company is corporate.mcdonalds.com. The fast-food giant can be reached via phone at (630) 623-3000 or via fax at 630-623-5004.

This page (NYSE:MCD) was last updated on 6/6/2023 by MarketBeat.com Staff

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