McDonald's Corporation (MCD)
| Market Cap | 215.07B |
| Revenue (ttm) | 25.01B |
| Net Income (ttm) | 8.33B |
| Shares Out | 725.34M |
| EPS (ttm) | 11.35 |
| PE Ratio | 26.12 |
| Forward PE | 24.04 |
| Dividend | $6.68 (2.25%) |
| Ex-Dividend Date | Nov 30, 2023 |
| Volume | 1,562,173 |
| Open | 295.83 |
| Previous Close | 295.84 |
| Day's Range | 295.31 - 296.85 |
| 52-Week Range | 245.73 - 299.35 |
| Beta | 0.70 |
| Analysts | Strong Buy |
| Price Target | 314.19 (+5.96%) |
| Earnings Date | Jan 30, 2024 |
About MCD
McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. The company's restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, fries, salads, shakes, frozen desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including muffins, Sausages, biscuit and bagel sandwiches, oatmeal, hash browns, breakfast burritos and hotcakes. McDonald's Corporation was founded in 1940 and is headquartered in... [Read more]
Financial Performance
In 2022, McDonald's's revenue was $23.18 billion, a decrease of -0.17% compared to the previous year's $23.22 billion. Earnings were $6.18 billion, a decrease of -18.13%.
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for MCD stock is "Strong Buy." The 12-month stock price forecast is $314.19, which is an increase of 5.96% from the latest price.
News
McDonald's Malaysia sues Israel boycott movement for $1 mln in damages
McDonald's Malaysia has sued a movement promoting boycotts against Israel for "false and defamatory statements" that it says hurt its business, seeking damages amounting to 6 million ringgit ($1.31 mi...
3 mega caps with RSIs that point to big Q1s
With the S&P 500 index on the verge of hitting an all-time high and many others already there, it's no surprise that investors are enjoying strong year-end rallies. Indeed, all signs point to 2023 bei...
How McDonald's, Chipotle, Starbucks are preparing for the fast-food worker battles to come in 2024
McDonald's, Chipotle, Starbucks, Taco Bell, Shake Shack, In-N-Out Burger and other fast-food restaurants hope they dodged a bullet in the minimum wage hike.
McDonald's: Here's why Jefferies' Andy Barish favors the stock
Andy Barish, Jefferies equity analyst, joins 'Squawk on the Street' to discuss why he favors McDonald's, how the restaurant industry is doing, and more.
McDonald's, Domino's to top the proverbial food chain in '24
While the Federal Reserve appears to be making a dovish pivot, many on Wall Street have argued that a recession is still a possibility for 2024. Investors often look for recession proof investments du...
Best Blue Chip Dividend Stocks to Buy for 2024 and Beyond
Wall Street's top-rated blue chip dividend stocks are well-positioned to generate income and deliver outperformance.
McDonald's Corporation and Accenture Expand Partnership to Accelerate Technology Adoption and Reinvent Customer and Crew Experiences
CHICAGO & NEW YORK--(BUSINESS WIRE)--McDonald's and Accenture announced an expanded partnership to accelerate technology adoption and reinvent customer experiences.
Pod Digital Media Renews Multi-Year Deal With McDonald's USA
NEW YORK--(BUSINESS WIRE)--Pod Digital Media (PDM), the first multicultural podcast agency network representing more than 400 shows hosted by Black and Latino podcasters, has announced it has renewed ...
A Trip to CosMc's, McDonald's New Space-Themed Takeout Chain
Expect sweet drinks—and plenty of quality time in the car—in the first few days for the new beverage- and snacks-focused McDonald's offshoot.
CosMc's is gunning for afternoon coffee sales. But Starbucks shouldn't worry, analyst says
CosMc's drinks aren't much cheaper than those at Starbucks, and the McDonald's spinoff lacks the same human touch and scale as the coffee giant.
McDonald's reportedly not in favor of reusable containers it must use in France expanding elsewhere
McDonald's has indicated it doesn't want the reusable containers it had to incorporate in France for dine-in customers due to a law to expand elsewhere, according to The Wall Street Journal.
Here are the 3 top risks facing McDonald's heading into 2024
McDonald's held an investor day Wednesday that focused on the company's long-term future, but the near term could bring more turbulence.
McDonald's and Paramount Among Latest Top-Tier Organizations to Join the Financial Literacy for All Movement
ATLANTA--(BUSINESS WIRE)--Financial Literacy for All (FL4A), a national initiative dedicated to embedding financial literacy into the nation's schools, workplaces, communities, and culture, today anno...
McDonald's continuing to lean into chicken
McDonald's is going to further embrace chicken with efforts, including bringing the McCrispy sandwich to more markets and in differen forms.
McDonald's Is Entering the Starbucks Orbit With a New Chain. CosMc's Lifts Off.
The beverage-focused chain's first location opens in the Chicago area this week.
Peek inside CosMc's, McDonald's glimmering challenge to Starbucks
We visited McDonald's new spin-off restaurant, where everything is sweeter, saltier, and a little more in-your-face.
McDonald's just unveiled CosMc's—its new spinoff brand
McDonald's unveiled its new spinoff brand known as CosMc's this week, announcing that the new brand's first location will open in Bolingbrook, Illinois. CosMc's drive-thru focused menu features brand ...
McDonald's Targets 250 Million Rewards Users by 2027 as QSRs Boost Personalization
With quick-service restaurants (QSRs) increasingly pushing their digital loyalty programs to gain valuable customer data, McDonald's is aiming to add 100 million new members in the next few years. The...
‘Chicken is stealing the show' over beef at McDonald's, analyst says
McDonald's Corp. continues to show that it's better and getting bigger, one J.P. Morgan Chase analyst said Thursday.
McDonald's is cooking up plans to sell bigger burgers, CEO says
Currently, a McDonald's hamburger patty weighs in at 1.6 ounces and comes on a standard bun, which is around four inches in diameter.
McDonald's plans to start selling bigger burgers
McDonald's customers should expect to see bigger burgers. CEO Chris Kempczinski told CNN the chain is working on rolling out larger burgers.
McDonald's to take on Starbucks with retro-style stores called CosMc's
New restaurants – serving more complex, customisable drinks – will be trialled in the US
McDonald's to test new coffee shop-style stores
McDonald's is testing a coffee shop-style restaurant that puts it in competition with the likes of Starbucks.
McDonald's unveiled the menu for CosMc's, a beverage-focused concept that could compete with Starbucks
McDonald's revealed new details about its new restaurant concept CosMc's on Wednesday. The restaurant concept menu includes customized cold drinks and sandwiches.
McDonald's CosMc's spinoff launches this month with churro frappés, pear slushes
On the menu at a McDonald's spinoff launching this month? Churro frappés, s'mores cold brew and popping pear slushes.