McDonald's (NYSE:MCD - Get Free Report) is expected to announce its earnings results before the market opens on Monday, February 10th. Analysts expect the company to announce earnings of $2.84 per share and revenue of $6.48 billion for the quarter. Investors interested in registering for the company's conference call can do so using this link.
NYSE MCD opened at $294.39 on Friday. The company has a market cap of $210.97 billion, a PE ratio of 25.85, a PEG ratio of 3.83 and a beta of 0.74. McDonald's has a 12 month low of $243.53 and a 12 month high of $317.90. The stock has a 50 day moving average of $290.73 and a 200-day moving average of $290.40.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 3rd will be given a $1.77 dividend. This represents a $7.08 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date is Monday, March 3rd. McDonald's's dividend payout ratio (DPR) is presently 62.16%.
In other McDonald's news, EVP Desiree Ralls-Morrison sold 3,409 shares of the business's stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $290.15, for a total transaction of $989,121.35. Following the completion of the transaction, the executive vice president now owns 9,675 shares of the company's stock, valued at approximately $2,807,201.25. The trade was a 26.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Joseph M. Erlinger sold 1,099 shares of McDonald's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $292.50, for a total transaction of $321,457.50. Following the sale, the insider now directly owns 9,286 shares in the company, valued at $2,716,155. This trade represents a 10.58 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 7,406 shares of company stock valued at $2,150,857. 0.23% of the stock is currently owned by corporate insiders.
Several equities research analysts recently issued reports on MCD shares. Evercore ISI raised their target price on shares of McDonald's from $320.00 to $340.00 and gave the company an "outperform" rating in a research note on Tuesday, October 15th. BMO Capital Markets raised their price objective on McDonald's from $315.00 to $335.00 and gave the company an "outperform" rating in a research report on Wednesday, October 30th. Guggenheim lowered McDonald's from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $290.00 to $285.00 in a report on Wednesday, October 23rd. Bank of America raised their price target on McDonald's from $321.00 to $324.00 and gave the company a "neutral" rating in a report on Wednesday, October 30th. Finally, Barclays upped their price objective on shares of McDonald's from $300.00 to $325.00 and gave the company an "overweight" rating in a report on Tuesday, October 22nd. Ten equities research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company's stock. According to MarketBeat.com, McDonald's currently has a consensus rating of "Moderate Buy" and a consensus price target of $318.86.
View Our Latest Analysis on MCD
McDonald's Corporation operates and franchises restaurants under the McDonald's brand in the United States and internationally. It offers food and beverages, including hamburgers and cheeseburgers, various chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages; and full or limited breakfast, as well as sells various other products during limited-time promotions.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Before you consider McDonald's, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and McDonald's wasn't on the list.
While McDonald's currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.