McDonald's Corporation: Super-Sized Earnings

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Shares of McDonald’s Corporation MCD traded today at $247.38, eclipsing its 52-week high. Approximately 867,000 shares have changed hands today, as compared to an average 30-day volume of 2.3 million shares.

McDonald’s Corporation is currently priced 31.9% above its average consensus analyst price target of $167.22.

In the past 52 weeks, shares of McDonald’s Corporation have traded between a low of $202.73 and a high of $247.38 and are now at $245.48, which is 21% above that low price.

McDonald’s Corporation is the largest restaurant owner-operator in the world, with 2020 systemwide sales of $93 billion across 39,000 stores and 119 countries. McDonald’s revolutionized the restaurant industry with a cheap and fast core menu, building its impressive footprint through partnerships with independent restaurant franchisees. The firm earns 57% of its revenue from franchise royalty fees and lease payments, with the remainder coming from company-operated stores across its three core segments: the United States, internationally operated markets, and international developmental/licensed. McDonald’s owns 55% of the real estate and 80% of the buildings in its franchise system, offering it substantial leverage in maintaining quality standards and consistency across markets.

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The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.