In today’s recent session, 0.92 million shares of the McDonald’s Corp (NYSE:MCD) have been traded, and its beta is 0.56. Most recently the company’s share price was $291.29, and it changed around -$1.02 or -0.35% from the last close, which brings the market valuation of the company to $208.28B. MCD at last check was trading at a discount to its 52-week high of $326.32, offering almost -12.03% off that amount. The share price’s 52-week low was $243.53, which indicates that the recent value has risen by an impressive 16.4% since then. We note from McDonald’s Corp’s average daily trading volume that its 10-day average is 3.3 million shares, with the 3-month average coming to 3.52 million.
McDonald’s Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.24. If we narrow it down even further, the data shows that 1 out of 40 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 18 recommended MCD as a Hold, whereas 15 deemed it a Buy, and 0 rated it as Underweight. McDonald’s Corp is expected to report earnings per share of 3.15 for the current quarter.
McDonald’s Corp (NYSE:MCD) trade information
Instantly MCD has been showing red trend so far today with a performance of -0.35% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 305.11 on recent trading dayincreased the stock’s daily price by 4.53%. The company’s shares are currently up 0.48% year-to-date, but still down -3.46% over the last five days. On the other hand, McDonald’s Corp (NYSE:MCD) is -9.32% down in the 30-day period. We can see from the shorts that 9.16 million shares have been sold at a short interest cover period of 3.03 day(s).
The consensus price target as assigned by Wall Street analysts is $345, which translates to bulls needing to increase their stock price by 15.57% from its current value. Analyst projections state that MCD is forecast to be at a low of $340 and a high of $350.
McDonald’s Corp (MCD) estimates and forecasts
The year-over-year growth rate is expected to be 1.76%, up from the previous year.
Consensus estimates provided by 23 financial analysts predict the company will bring in an average of 6.68B in revenue for the current quarter. 22 analysts expect McDonald’s Corp to make 6.98B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 6.49B and 6.87B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 2.99%. Forecasts for the next quarter put sales growth at 1.57%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 7.66%. McDonald’s Corp earnings are expected to increase by 4.77% in 2025, but the outlook is positive 7.09% per year for the next five years.
MCD Dividends
McDonald’s Corp’s next quarterly earnings report is expected to be released on 2025-May-01. The annual dividend yield of the stock is 2.40 percent and its annual dividend per share was 6.98. It is important to note, however, that the 2.40% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.22 per year.
BLACKROCK INC., with 6.9809% or 50.18 million shares worth $12.79 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
