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

29 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for McDonald's in the last twelve months. There are currently 7 hold ratings and 22 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MCD shares.
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29 analysts have issued 12 month price targets for McDonald's' stock. Their MCD share price forecasts range from $267.00 to $383.00. On average, they anticipate the company's share price to reach $320.55 in the next year. This suggests a possible upside of 11.1% from the stock's current price.
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McDonald's' stock was trading at $263.53 on January 1st, 2023. Since then, MCD stock has increased by 9.5% and is now trading at $288.62.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our MCD earnings forecast.

McDonald's Co. (NYSE:MCD) issued its quarterly earnings results on Thursday, July, 27th. The fast-food giant reported $3.17 earnings per share for the quarter, beating analysts' consensus estimates of $2.77 by $0.40. The fast-food giant earned $6.50 billion during the quarter, compared to analysts' expectations of $6.30 billion. McDonald's had a net margin of 33.06% and a negative trailing twelve-month return on equity of 139.57%. The firm's revenue was up 13.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.55 EPS.
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McDonald's announced a quarterly dividend on Tuesday, July 25th. Shareholders of record on Friday, September 1st will be paid a dividend of $1.52 per share on Monday, September 18th. This represents a $6.08 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date of this dividend is Thursday, August 31st.
Read our dividend analysis for MCD.

ETFs with the largest weight of McDonald's (NYSE:MCD) stock in their portfolio include AdvisorShares Restaurant ETF (EATZ), Global X Dow 30 Covered Call ETF (DJIA), Nationwide Dow Jones Risk Managed Income ETF (NDJI), SPDR Dow Jones Industrial Average ETF Trust (DIA), Amplify YieldShares CWP Dividend & Option Income ETF (DIVO), Consumer Discretionary Select Sector SPDR Fund (XLY), ProShares Ultra Dow30 (DDM) and Vanguard Consumer Discretionary ETF (VCR).

McDonald's (NYSE:MCD) pays an annual dividend of $6.08 per share and currently has a dividend yield of 2.11%. 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 55.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MCD will have a dividend payout ratio of 49.03% 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 number of institutional and retail investors. Top institutional shareholders include Bank Julius Baer & Co. Ltd Zurich (62.60%), Geode Capital Management LLC (1.95%), Northern Trust Corp (1.24%), Bank of New York Mellon Corp (0.96%), Charles Schwab Investment Management Inc. (0.71%) and California Public Employees Retirement System (0.56%). Insiders that own company stock include Anthony Capuano, Catherine A Hoovel, Catherine M Engelbert, Christopher J Kempczinski, Edith Morgan Flatley, 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 $288.62.

McDonald's (NYSE:MCD) has a market capitalization of $210.33 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 $10.87 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.