McDonald’s Corp (NYSE: MCD) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that McDONALD’S ANNOUNCES QUARTERLY CASH DIVIDEND.

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Stocks Info

McDonald’s Corp is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Restaurants industry. At the end of the last regular session, the stock closed at $295.92 and fluctuated between $296.67 as its day high and $293.24 as its day low. The current market capitalization of McDonald’s Corp is $214.64B. A total of 2.46 million shares were traded on the day, compared to an average of 3.11M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, MCD has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 3,862 and the disposition of 4,583 shares. Over the last 12 months, there were 20 BUYs and 25 SELLs from insiders. Insiders purchased 69,368 shares during that period but sold 82,779.

In the most recent transaction, Hoovel Catherine A. sold 2,856 shares of MCD for 287.29 per share on Feb 07. After the transaction, the SVP – Corporate Controller now owns 891 company shares. In a previous transaction on Dec 29, CAPOZZI HEIDI B sold 2,750 shares at 295.84 per share. MCD shares that EVP – Chief People Officer owns now total 15,207.

Among the insiders who sold shares, Erlinger Joseph M. disposed of 4,583 shares on Dec 22 at a per-share price of $290.70. This resulted in the President, McDonald’s USA holding 8,187 shares of MCD after the transaction. In another insider transaction, CAPOZZI HEIDI B sold 687 shares at $283.25 per share on Dec 01. Company shares held by the EVP – Chief People Officer now total 17,957.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. McDonald’s Corp pays an annual dividend of $6.23, resulting in a dividend yield of 2.11%, and it has a price to earnings (P/E) ratio of 25.59. MCD’s most recent ex-dividend date was 2/29/2024 when it declared a $1.67 quarterly dividend that was paid in cash on 3/15/2024. Previously, the company paid the dividend on 12/15/2023 with an ex-dividend date of 11/30/2023. The MCD stock dividend was $1.67 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for MCD in the last 3 months, the mean price target is $324.70 with high estimates of $357.00 and low estimates of $299.00. In terms of 52-week highs and lows, MCD has a high of $302.39 and a low of $245.73.

As of this writing, MCD has an earnings estimate of $2.52 per share for the current quarter. EPS was calculated based on a consensus of 27 estimates, with a high estimate of $2.63 per share and a lower estimate of $2.42. The company reported an EPS of $3.19 in the last quarter, which was 6.30% higher than expectations of $3.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MCD’s latest balance sheet shows that the firm has $4.71B in Cash & Short Term Investments as of fiscal 2021. There were $49.35B in debt and $4.02B in liabilities at the time. Its Book Value Per Share was -$6.69, while its Total Shareholder’s Equity was -$4.60B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MCD is Buy with a score of 4.30.

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