Streetbeat News

MCD

McDonald's Corporation

https://corporate.mcdonalds.com

Industry

Restaurants

McDonald's Corporation operates and franchises McDonald's restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches. As of December 31, 2021, the company operated 40,031 restaurants. McDonald's Corporation was founded in 1940 and is headquartered in Chicago, Illinois.

Open

294.84

Mkt cap

212B

Volume

1.3M

High

296.50

P/E Ratio

25.93

52-wk high

317.90

Low

293.87

Div yield

0.02

52-wk low

243.53

Over the past 20 years, McDonald's (NYSE:MCD) has delivered an average annual return of 12.25%, outperforming the market by 4.2% annually. A $100 investment in MCD 20 years ago would be worth $987.62 today, showcasing the impact of compounded returns on investment growth. McDonald's current market capitalization stands at $204.34 billion.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 3:30 pm

McDonald's shares are trading lower after the company indicated a sluggish start in China this year during a UBS conference.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 2:13 pm

On a live CNBC segment, Josh Brown announced that he has sold his McDonald's stock. This move by a prominent investor could influence market perceptions and potentially impact McDonald's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 5:29 pm

The U.S. now has nearly 15,000 cannabis dispensaries, surpassing the approximately 13,500 McDonald's locations. This reflects a major shift in consumer trends, with 54% of Americans living in areas where recreational marijuana is legal, and 74% in states where it's legal for either recreational or medical use. California has the most dispensaries, while Oklahoma has the highest number per capita. New Jersey and Delaware are making strides in cannabis regulation, with New Jersey introducing digital medicinal cannabis patient cards.

Portfolio Pulse from Nicolás Jose Rodriguez

March 01, 2024 | 10:48 pm

Today's session highlighted significant options activity in the Consumer Discretionary sector, with notable movements in stocks like TSLA, AMZN, JD, VFC, MBLY, MCD, LI, HD, PDD, and W. The activity ranged from bullish to bearish sentiments, with various expiration dates and strike prices, indicating diverse trading strategies and expectations from large investors or 'whales'.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:35 pm

Over the past 20 years, McDonald's (NYSE:MCD) has produced an average annual return of 12.25%, outperforming the market by 4.52% on an annualized basis. A $100 investment in MCD 20 years ago would be worth $998.06 today, showcasing the impact of compounded returns over time. McDonald's currently has a market capitalization of $212.43 billion.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 9:00 pm

Tech stocks are poised for gains following January inflation data that met expectations, potentially easing the path for Fed rate cuts. Nasdaq 100 futures rose 0.6%, while S&P 500 futures increased by 0.4%. The Russell 2000 index, as tracked by the iShares Russell 2000 ETF, surged 1.6%. The U.S. Dollar Index, monitored through the Invesco DB USD Index Bullish Fund ETF, declined by 0.2%. Notable premarket movers include Netflix, Broadcom, NVIDIA, AMD, and Tesla among top gainers, with PepsiCo, McDonald's, and Boeing leading the declines.

Portfolio Pulse from Piero Cingari

February 29, 2024 | 2:20 pm

Domino's Pizza Inc (NYSE:DPZ) reported a profit beat, driven by its 'emergency pizza' offer, leading to a stock jump, a 25% dividend hike, and a $1 billion buyback announcement. Despite facing backlash in the Middle East and Asia, similar to McDonald's (NYSE:MCD), Yum Brands (NYSE:YUM), and Starbucks (NASDAQ:SBUX), due to geopolitical tensions, Domino's saw a revenue rise of 0.8% to $1.40 billion in Q4. Its partnership with Uber Eats (NYSE:UBER) contributed to new customer acquisition and is expected to boost sales through 2024.

Portfolio Pulse from Upwallstreet

February 28, 2024 | 5:49 pm

McDonald's (NYSE:MCD) has seen a 9.9% increase in short percent of float since its last report, with 7.98 million shares sold short, representing 1.11% of all shares available for trading. This indicates a bearish sentiment among investors, although it doesn't necessarily predict a near-term price drop. Compared to its peers, McDonald's has less short interest, with an average of 9.06% in its peer group. This information suggests that while there is increased short selling, McDonald's is performing relatively well against its competitors.

Portfolio Pulse from Benzinga Insights

February 27, 2024 | 8:15 pm

Josh Brown, a notable financial commentator, announced live on CNBC that he has purchased shares of McDonald's (MCD).

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 5:29 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.