QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)
QQQ   337.27 (+1.86%)
AAPL   175.05 (+1.37%)
MSFT   318.52 (+1.44%)
META   246.85 (+1.80%)
GOOGL   122.83 (+1.65%)
AMZN   118.15 (+2.29%)
TSLA   176.89 (+1.74%)
NVDA   316.78 (+4.97%)
NIO   7.82 (-2.62%)
BABA   85.77 (-5.41%)
AMD   107.93 (+4.03%)
T   16.55 (-0.66%)
F   11.64 (+1.22%)
MU   67.57 (+4.08%)
CGC   1.05 (+0.00%)
GE   104.01 (+0.52%)
DIS   93.76 (+1.07%)
AMC   5.07 (-0.59%)
PFE   36.48 (-0.73%)
PYPL   61.27 (-0.31%)
NFLX   371.29 (+9.22%)

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

$294.05
+0.59 (+0.20%)
(As of 05/18/2023 ET)
Compare
Today's Range
$291.13
$294.43
50-Day Range
$261.63
$298.07
52-Week Range
$228.34
$298.86
Volume
2.41 million shs
Average Volume
2.65 million shs
Market Capitalization
$214.67 billion
P/E Ratio
31.55
Dividend Yield
2.07%
Price Target
$306.83

McDonald's MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
4.3% Upside
$306.83 Price Target
Short Interest
Healthy
0.90% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.39
Upright™ Environmental Score
News Sentiment
0.23mentions of McDonald
Based on 66 Articles This Week
Insider Trading
Selling Shares
$4.19 M Sold Last Quarter
Proj. Earnings Growth
9.52%
From $11.03 to $12.08 Per Share

Overall MarketRank

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

2.59 out of 5 stars

Retail/Wholesale Sector

51st out of 209 stocks

Eating Places Industry

7th out of 44 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. 

Receive MCD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for McDonald's and its competitors with MarketBeat's FREE daily newsletter.

MCD Stock News Headlines

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.
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.
[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
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.
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
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?
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.
Yum! Brands Pulls Back To More Appetizing Levels  (MCD)
Yum! Brands is down on tepid earnings despite robust comp-store gains that point to increasing traffic for this fast-food leader.
[BREAKING] New "Living Software" to Revolutionize Warfare
This breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>
Do Analysts' Price Targets Make Domino's Pizza Stock Look Tasty? (MCD)
Domino's Pizza stock is down almost 5% in a move after mixed earnings; however bullish analyst sentiment suggests that this could be a buy-the-dip opportunity
A Top Is In For McDonald’s Corporation Stock 
McDonald's had a better-than-expected quarter but new all-time highs may not be reached again until later this year if at all.
McDonald's first quarter sales boosted by higher prices
McDonald’s reported higher-than-expected sales in the first quarter as store traffic grew despite higher prices
StockNews.com Begins Coverage on McDonald's (NYSE:MCD)
See More Headlines
Receive MCD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for McDonald's and its competitors with MarketBeat's FREE daily newsletter.

MCD Company Calendar

Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Last Earnings
4/25/2023
Today
5/18/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

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 Forecast
$306.83
High Stock Price Forecast
$346.00
Low Stock Price Forecast
$267.00
Forecasted Upside/Downside
+4.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
28 Analysts

Profitability

Net Income
$6.18 billion
Pretax Margin
36.52%

Debt

Sales & Book Value

Annual Sales
$23.18 billion
Cash Flow
$12.77 per share
Book Value
($7.91) per share

Miscellaneous

Free Float
728,718,000
Market Cap
$214.67 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?

28 Wall Street 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 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 analysts have issued 12 month price objectives for McDonald's' stock. Their MCD share price forecasts range from $267.00 to $346.00. On average, they anticipate the company's share price to reach $306.83 in the next year. This suggests a possible upside of 4.3% 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 11.6% and is now trading at $294.05.
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 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 volume of 2,690,000 shares, the short-interest ratio is presently 2.4 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, July 25th 2023.
View our MCD earnings forecast
.

How were McDonald's' earnings last quarter?

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

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

McDonald's announced a quarterly dividend on Thursday, February 2nd. Investors of record on Wednesday, March 1st will be given a dividend of $1.52 per share on Wednesday, March 15th. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.07%. The ex-dividend date of this dividend is Tuesday, February 28th.
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 2.07%. 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.

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 many different 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, 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 $294.05.

How much money does McDonald's make?

McDonald's (NYSE:MCD) has a market capitalization of $214.67 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 5/18/2023 by MarketBeat.com Staff

My Account -