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McDonald's - MCD Stock Forecast, Price & News

$274.72
+1.72 (+0.63%)
(As of 01/26/2023 12:00 AM ET)
Add
Compare
Today's Range
$271.70
$274.75
50-Day Range
$262.16
$276.62
52-Week Range
$217.68
$281.67
Volume
2.22 million shs
Average Volume
2.57 million shs
Market Capitalization
$201.21 billion
P/E Ratio
34.60
Dividend Yield
2.23%
Price Target
$288.96

McDonald's MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
5.3% Upside
$289.19 Price Target
Short Interest
Healthy
0.83% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.39
Upright™ Environmental Score
News Sentiment
-0.04mentions of McDonald
Based on 20 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.14%
From $9.93 to $10.54 Per Share

Overall MarketRank

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

2.33 out of 5 stars

Retail/Wholesale Sector

65th out of 214 stocks

Eating Places Industry

15th out of 42 stocks


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

What Does Apple's Move to India Mean for Investors? (MCD)
Apple could look to rapidly scale its production capabilities in India as it pivots away from China as a production base.
Wendy's announces corporate revamp, possible job cuts
Wendy’s said Friday it’s planning a restructuring, including possible corporate layoffs, in an effort to speed decision-making and invest more in new restaurant development
Stocks News Announcement
Don't miss this update. Read the press release about Small Pharma.
Is Wendy’s Stock Uptrend Set To Continue? (MCD)
As investors stare at their portfolio and wonder if it’s in good shape for the coming months, Wendy’s mightn’t be a bad one to keep on the watchlist.
SEC charges former McDonald's CEO with misleading investors
The Securities and Exchange Commission is charging McDonald’s former CEO Stephen Easterbrook with making false and misleading statements to investors about the circumstances leading to his firing in November 2019
SEC charges former McDonald's CEO Easterbrook
The Securities and Exchange Commission is charging McDonald’s former CEO Stephen Easterbrook with making false and misleading statements to investors about the circumstances leading to his firing in November 2019
SEC charges former McDonald's CEO Stephen Easterbrook with making misleading statements about his firing by the company
SEC charges former McDonald's CEO Stephen Easterbrook with making misleading statements about his firing by the company
Can Amazon Lead Consumer Stocks To A Big Rally In 2023? (MCD)
Is 2023 the year when the consumer discretionary sector, will come roaring back, led by expected earnings growth in Amazon?
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Got $500? 2 Top Dividend Stocks to Buy in 2023
Is McDonald's Stock a Buy for 2023?
McDonald's (NYSE:MCD) Now Covered by Wells Fargo & Company
Wendy's Putting a Classic Fan Favorite Back on Its Menu
Wendy's Menu About to Welcome Back a Fan Favorite
How to Read an Income Statement
McDonald's (NYSE:MCD) PT Raised to $262.00 at JPMorgan Chase & Co.
McDonald's Shares Whopper of a Plan for the Big Mac
See More Headlines
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MCD Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 12/15 Dividend
11/30/2022
Dividend Payable
12/15/2022
Today
1/26/2023
Next Earnings (Confirmed)
1/31/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Eating places
Sub-Industry
Restaurants
CUSIP
58013510
Employees
200,000
Year Founded
1955

Price Target and Rating

Average Stock Price Forecast
$289.19
High Stock Price Forecast
$320.00
Low Stock Price Forecast
$262.00
Forecasted Upside/Downside
+5.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
25 Analysts

Profitability

Net Income
$7.55 billion
Pretax Margin
32.64%

Debt

Sales & Book Value

Annual Sales
$23.22 billion
Cash Flow
$12.06 per share
Book Value
($6.16) per share

Miscellaneous

Free Float
730,593,000
Market Cap
$201.21 billion
Optionable
Optionable
Beta
0.63

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













MCD Stock - Frequently Asked Questions

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

25 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last year. There are currently 5 hold ratings and 20 buy ratings for the stock. The consensus among Wall Street equities 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?

25 Wall Street research analysts have issued 1 year target prices for McDonald's' stock. Their MCD share price forecasts range from $262.00 to $320.00. On average, they anticipate the company's share price to reach $289.19 in the next twelve months. This suggests a possible upside of 5.4% 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 4.1% and is now trading at $274.41.
View the best growth stocks for 2023 here
.

Are investors shorting McDonald's?

McDonald's saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 6,560,000 shares, an increase of 8.8% from the November 30th total of 6,030,000 shares. Based on an average trading volume of 3,170,000 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.9% of the shares of the company are sold short.
View McDonald's' Short Interest
.

When is McDonald's' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 31st 2023.
View our MCD earnings forecast
.

How can I listen to McDonald's' earnings call?

McDonald's will be holding an earnings conference call on Tuesday, January 31st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were McDonald's' earnings last quarter?

McDonald's Co. (NYSE:MCD) issued its quarterly earnings data on Wednesday, October, 27th. The fast-food giant reported $2.76 EPS for the quarter, beating analysts' consensus estimates of $2.46 by $0.30. The fast-food giant had revenue of $6.20 billion for the quarter, compared to analysts' expectations of $6.04 billion. McDonald's had a net margin of 25.42% and a negative trailing twelve-month return on equity of 123.40%. McDonald's's revenue for the quarter was up 14.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.22 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, October 13th. Investors of record on Thursday, December 1st will be given a dividend of $1.52 per share on Thursday, December 15th. This represents a $6.08 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Wednesday, November 30th. This is a boost from the stock's previous quarterly dividend of $1.38.
Read our dividend analysis for MCD
.

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 2.23%. 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 76.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, MCD will have a dividend payout ratio of 57.69% 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 number of institutional and retail investors. Top institutional investors include Fifth Third Bancorp (0.09%), Focused Investors LLC (0.07%), DAVENPORT & Co LLC (0.06%), AMF Tjanstepension AB (0.06%), Bank Julius Baer & Co. Ltd Zurich (0.06%) and Everett Harris & Co. CA (0.06%). Insiders that own company stock include Anthony Capuano, Catherine A Hoovel, Catherine M Engelbert, Daniel Henry, Enrique Hernandez, Jr, Francesca A Debiase, Ian Frederick Borden, Joseph M Erlinger and Kevin M Ozan.
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 $274.41.

How much money does McDonald's make?

McDonald's (NYSE:MCD) has a market capitalization of $200.98 billion and generates $23.22 billion in revenue each year. The fast-food giant earns $7.55 billion in net income (profit) each year or $7.94 on an earnings per share basis.

How many employees does McDonald's have?

The company employs 200,000 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, Donatos Pizza, 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 1/26/2023 by MarketBeat.com Staff