McDonald's Corporation Climbs to Annual-High Share Price

Shares of McDonald’s Corporation MCD traded today at $259.97, eclipsing its 12-month high. Approximately 625,000 shares have changed hands today, as compared to an average 30-day volume of 2.8 million shares.

McDonald’s Corporation is currently priced 37.5% above its average consensus analyst price target of $162.17.

McDonald’s is the largest restaurant owner-operator in the world, with trailing 12 month system sales of $109 billion (as of the third quarter of 2021) across 39,680 stores and 119 countries. McDonald’s pioneered the franchise model, building its impressive footprint through partnerships with independent restaurant franchisees around the world. The firm earns nearly 60% 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 markets. 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.

McDonald’s Corporation share prices have moved between a 12-month high of $259.97 and a 12-month low of $202.73 and are now trading 28% above that low price at $259.59 per share.

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