McDonald’s (MCD) to Release Quarterly Earnings on Wednesday

McDonald’s (NYSE:MCD) is expected to issue its Q3 2025 results before the market opens on Wednesday, November 5th. Analysts expect the company to announce earnings of $3.40 per share and revenue of $7.1015 billion for the quarter. Parties can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Wednesday, November 5, 2025 at 8:30 AM ET.

McDonald’s (NYSE:MCD) last released its earnings results on Wednesday, August 6th. The fast-food giant reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.15 by $0.04. The company had revenue of $6.84 billion for the quarter, compared to analysts’ expectations of $6.68 billion. McDonald’s had a net margin of 32.21% and a negative return on equity of 225.52%. McDonald’s’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.97 EPS. On average, analysts expect McDonald’s to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

McDonald’s Stock Performance

Shares of McDonald’s stock opened at $306.79 on Wednesday. McDonald’s has a fifty-two week low of $276.53 and a fifty-two week high of $326.32. The company has a market capitalization of $218.93 billion, a P/E ratio of 26.29, a P/E/G ratio of 3.31 and a beta of 0.50. The company has a fifty day moving average of $306.44 and a 200 day moving average of $305.71.

McDonald’s Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, December 1st will be given a dividend of $1.86 per share. This is an increase from McDonald’s’s previous quarterly dividend of $1.77. This represents a $7.44 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, December 1st. McDonald’s’s dividend payout ratio (DPR) is 60.67%.

Analysts Set New Price Targets

MCD has been the topic of several recent analyst reports. The Goldman Sachs Group raised McDonald’s from a “neutral” rating to a “buy” rating and set a $345.00 target price on the stock in a research note on Thursday, July 10th. Bank of America cut their price objective on shares of McDonald’s from $327.00 to $322.00 and set a “neutral” rating for the company in a report on Friday, July 18th. Piper Sandler reiterated a “neutral” rating and set a $325.00 price objective on shares of McDonald’s in a research report on Wednesday, October 22nd. Stifel Nicolaus raised their target price on shares of McDonald’s from $300.00 to $315.00 and gave the company a “hold” rating in a research note on Friday, August 22nd. Finally, BMO Capital Markets lifted their price target on shares of McDonald’s from $350.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, September 4th. Eleven research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, McDonald’s has a consensus rating of “Hold” and a consensus price target of $323.43.

Insiders Place Their Bets

In related news, CMO Edith Morgan Flatley sold 1,000 shares of the business’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $315.00, for a total value of $315,000.00. Following the sale, the chief marketing officer owned 6,858 shares in the company, valued at approximately $2,160,270. The trade was a 12.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Jonathan Banner sold 1,000 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $310.00, for a total transaction of $310,000.00. Following the sale, the executive vice president directly owned 99 shares in the company, valued at approximately $30,690. The trade was a 90.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 5,463 shares of company stock valued at $1,692,186 in the last quarter. 0.25% of the stock is currently owned by insiders.

Institutional Trading of McDonald’s

A number of large investors have recently made changes to their positions in MCD. Viking Global Investors LP lifted its holdings in shares of McDonald’s by 171.7% in the 2nd quarter. Viking Global Investors LP now owns 3,125,432 shares of the fast-food giant’s stock valued at $913,157,000 after acquiring an additional 1,974,998 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its stake in McDonald’s by 1.2% during the second quarter. CANADA LIFE ASSURANCE Co now owns 1,233,805 shares of the fast-food giant’s stock worth $361,088,000 after acquiring an additional 15,213 shares during the last quarter. State of Tennessee Department of Treasury raised its position in McDonald’s by 26.0% during the second quarter. State of Tennessee Department of Treasury now owns 248,326 shares of the fast-food giant’s stock valued at $72,553,000 after purchasing an additional 51,285 shares during the period. Sei Investments Co. lifted its stake in shares of McDonald’s by 8.1% in the 2nd quarter. Sei Investments Co. now owns 180,628 shares of the fast-food giant’s stock valued at $52,771,000 after purchasing an additional 13,557 shares during the last quarter. Finally, MML Investors Services LLC lifted its stake in shares of McDonald’s by 4.0% in the 2nd quarter. MML Investors Services LLC now owns 139,616 shares of the fast-food giant’s stock valued at $40,792,000 after purchasing an additional 5,398 shares during the last quarter. 70.29% of the stock is currently owned by institutional investors.

About McDonald’s

McDonald’s Corp. engages in the operation and franchising of restaurants. It operates through the following segments: U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The U.S. segment focuses its operations on the United States. The International Operated Markets segment consists of operations and the franchising of restaurants in Australia, Canada, France, Germany, Italy, the Netherlands, Spain, and the U.K.