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

28 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last twelve months. There are currently 5 hold ratings and 23 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MCD shares.
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28 analysts have issued 12-month target prices for McDonald's' shares. Their MCD share price forecasts range from $267.00 to $346.00. On average, they predict the company's stock price to reach $306.83 in the next year. This suggests a possible upside of 7.3% from the stock's current price.
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McDonald's' stock was trading at $263.53 at the start of the year. Since then, MCD shares have increased by 8.5% and is now trading at $286.04.
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McDonald's saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 6,540,000 shares, an increase of 16.2% from the March 31st total of 5,630,000 shares. Based on an average daily trading volume, of 2,690,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 0.9% of the shares of the stock are short sold.
View McDonald's' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023.
View our MCD earnings forecast.

McDonald's Co. (NYSE:MCD) issued its earnings results on Tuesday, April, 25th. The fast-food giant reported $2.63 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.32. The fast-food giant had revenue of $5.90 billion for the quarter, compared to analyst estimates 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 firm's revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the prior year, the business earned $2.28 earnings per share.
Read the conference call transcript.

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 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date is Friday, June 2nd.
Read our dividend analysis for MCD.

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).

McDonald's (NYSE:MCD) pays an annual dividend of $6.08 per share and currently has a dividend yield of 2.13%. 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 50.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MCD.

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.

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).

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

McDonald's' stock is owned by a variety of institutional and retail investors. Top institutional investors 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, Enrique Hernandez, Jr, Francesca A Debiase, Ian Frederick Borden, Jo Sempels, Joseph M Erlinger, Kevin M Ozan, Manuel Jm Steijaert and Marion K Gross.
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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.
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One share of MCD stock can currently be purchased for approximately $286.04.

McDonald's (NYSE:MCD) has a market capitalization of $208.82 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.

The company employs 150,000 workers across the globe.

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.