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

McDonald's logo
$292.85
-2.36 (-0.80%)
(As of 11/4/2024 ET)

About McDonald's Stock (NYSE:MCD)

Key Stats

Today's Range
$291.80
$294.96
50-Day Range
$285.52
$316.53
52-Week Range
$243.53
$317.90
Volume
2.57 million shs
Average Volume
4.64 million shs
Market Capitalization
$210.07 billion
P/E Ratio
25.71
Dividend Yield
2.28%
Price Target
$319.46
Consensus Rating
Moderate Buy

Company Overview

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. 

McDonald's Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
91st Percentile Overall Score

MCD MarketRank™: 

McDonald's scored higher than 91% of companies evaluated by MarketBeat, and ranked 40th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    McDonald's has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 18 buy ratings, 12 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    McDonald's has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about McDonald's' stock forecast and price target.
  • Earnings Growth

    Earnings for McDonald's are expected to grow by 6.63% in the coming year, from $11.77 to $12.55 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of McDonald's is 25.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.51.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of McDonald's is 25.71, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 107.78.

  • Price to Earnings Growth Ratio

    McDonald's has a PEG Ratio of 3.92. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about McDonald's' valuation and earnings.
  • Percentage of Shares Shorted

    1.32% of the float of McDonald's has been sold short.
  • Short Interest Ratio / Days to Cover

    McDonald's has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in McDonald's has recently decreased by 3.56%, indicating that investor sentiment is improving.
  • Dividend Yield

    McDonald's pays a meaningful dividend of 2.26%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    McDonald's has been increasing its dividend for 49 years.

  • Dividend Coverage

    The dividend payout ratio of McDonald's is 58.65%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, McDonald's will have a dividend payout ratio of 53.23% next year. This indicates that McDonald's will be able to sustain or increase its dividend.

  • Read more about McDonald's' dividend.
  • Percentage of Shares Shorted

    1.32% of the float of McDonald's has been sold short.
  • Short Interest Ratio / Days to Cover

    McDonald's has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in McDonald's has recently decreased by 3.56%, indicating that investor sentiment is improving.
  • News Sentiment

    McDonald's has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 72 news articles for McDonald's this week, compared to 64 articles on an average week.
  • Search Interest

    110 people have searched for MCD on MarketBeat in the last 30 days. This is an increase of 175% compared to the previous 30 days.
  • MarketBeat Follows

    40 people have added McDonald's to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, McDonald's insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,256,818.00 in company stock.

  • Percentage Held by Insiders

    Only 0.23% of the stock of McDonald's is held by insiders.

  • Percentage Held by Institutions

    70.29% of the stock of McDonald's is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about McDonald's' insider trading history.
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MCD Stock News Headlines

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A McDonald's Quarter Pounder hamburger and fries are shown in this photograph, in New York's Times …
McDonald's E. coli case count rises as federal officials inspect an onion grower
Federal officials are reporting more cases of E
US health officials identify more E. coli cases linked to McDonald's and inspect an onion grower in Washington
US health officials identify more E. coli cases linked to McDonald's and inspect an onion grower in Washington
Is McDonald's Stock in Trouble?
See More Headlines

MCD Stock Analysis - Frequently Asked Questions

McDonald's' stock was trading at $296.51 at the beginning of 2024. Since then, MCD stock has decreased by 1.2% and is now trading at $292.85.
View the best growth stocks for 2024 here
.

McDonald's Co. (NYSE:MCD) issued its earnings results on Tuesday, October, 29th. The fast-food giant reported $3.23 earnings per share for the quarter, topping the consensus estimate of $3.18 by $0.05. The company's revenue was up 2.7% compared to the same quarter last year.
Read the conference call transcript
.

The following companies are subsidiaries of McDonald's: Caspers Company, Apprente, Dynamic Yield, Boston Market, Donatos Pizza, 3267114 Nova Scotia Company, Asia Pacific McD Franchising, and others.

McDonald's' top institutional investors include International Assets Investment Management LLC (0.32%), National Pension Service (0.20%), Raymond James & Associates (0.18%) and Swedbank AB (0.16%). Insiders that own company stock include Christopher J Kempczinski, Ian Frederick Borden, Heidi B Capozzi, Joseph M Erlinger, Edith Morgan Flatley, Catherine M Engelbert, Marion K Gross, Catherine A Hoovel, Jo Sempels, Anthony Capuano, Jonathan Banner and Manuel Jm Steijaert.
View institutional ownership trends
.

Shares of MCD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that McDonald's investors own include NVIDIA (NVDA), Meta Platforms (META), Chevron (CVX), Home Depot (HD), JPMorgan Chase & Co. (JPM), Walmart (WMT) and Exxon Mobil (XOM).

Company Calendar

Ex-Dividend for 9/17 Dividend
9/03/2024
Dividend Payable
9/17/2024
Last Earnings
10/29/2024
Today
11/04/2024
Ex-Dividend for 12/16 Dividend
12/02/2024
Dividend Payable
12/16/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/03/2025

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 Target
$319.46
High Stock Price Target
$360.00
Low Stock Price Target
$265.00
Potential Upside/Downside
+9.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
30 Analysts

Profitability

Net Income
$8.47 billion
Pretax Margin
39.79%

Debt

Sales & Book Value

Annual Sales
$25.49 billion
Cash Flow
$14.82 per share
Book Value
($6.49) per share

Miscellaneous

Free Float
715,693,000
Market Cap
$210.07 billion
Optionable
Optionable
Beta
0.74

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This page (NYSE:MCD) was last updated on 11/5/2024 by MarketBeat.com Staff
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