FY2027 EPS Estimates for McDonald’s Cut by Erste Group Bank

Posted by on Aug 11th, 2026

McDonald’s Corporation (NYSE:MCD – Free Report) – Erste Group Bank lowered their FY2027 earnings estimates for shares of McDonald’s in a report issued on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now anticipates that the fast-food giant will earn $14.00 per share for the year, down from their prior forecast of $14.15. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for McDonald’s’ current full-year earnings is $12.88 per share.

McDonald’s (NYSE:MCD – Get Free Report) last announced its earnings results on Tuesday, August 4th. The fast-food giant reported $3.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.32 by $0.06. The company had revenue of $7.10 billion for the quarter, compared to analyst estimates of $7.13 billion. McDonald’s had a net margin of 31.72% and a negative return on equity of 512.80%. During the same period in the prior year, the business earned $3.19 earnings per share. McDonald’s’s quarterly revenue was up 3.7% on a year-over-year basis.

MCD has been the topic of several other research reports. UBS Group set a $305.00 price target on McDonald’s in a report on Wednesday, August 5th. Sanford C. Bernstein restated a “market perform” rating and issued a $295.00 price objective on shares of McDonald’s in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of McDonald’s from $335.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Robert W. Baird reduced their price target on McDonald’s from $305.00 to $285.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Finally, Barclays reduced their target price on McDonald’s from $380.00 to $350.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $325.44.

Read Our Latest Stock Report on MCD

McDonald’s Stock Performance

Shares of MCD opened at $273.30 on Tuesday. The business’s fifty day moving average price is $273.98 and its two-hundred day moving average price is $296.14. The firm has a market capitalization of $194.18 billion, a price-to-earnings ratio of 22.20, a PEG ratio of 3.07 and a beta of 0.41. McDonald’s has a 52 week low of $260.96 and a 52 week high of $341.75.

Institutional Trading of McDonald’s

A number of large investors have recently added to or reduced their stakes in the company. Jupiter Wealth Management LLC bought a new stake in McDonald’s in the second quarter valued at approximately $946,000. Madison Asset Management LLC acquired a new stake in McDonald’s during the 2nd quarter valued at $11,590,000. Danske Bank A S acquired a new stake in McDonald’s during the 2nd quarter valued at $99,831,000. Foster & Motley Inc. bought a new position in McDonald’s during the second quarter worth $1,640,000. Finally, Plato Investment Management Ltd acquired a new position in shares of McDonald’s in the second quarter valued at $5,067,000. Institutional investors and hedge funds own 70.29% of the company’s stock.

Insiders Place Their Bets

In other news, insider Joseph M. Erlinger sold 5,252 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $284.32, for a total value of $1,493,248.64. Following the completion of the transaction, the insider owned 7,734 shares in the company, valued at $2,198,930.88. This trade represents a 40.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Desiree Ralls-Morrison sold 2,763 shares of the stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $278.36, for a total value of $769,108.68. Following the transaction, the executive vice president directly owned 6,268 shares of the company’s stock, valued at $1,744,760.48. This trade represents a 30.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 8,348 shares of company stock worth $2,355,634. 0.26% of the stock is currently owned by insiders.

McDonald’s Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Stockholders of record on Tuesday, September 1st will be paid a dividend of $1.86 per share. This represents a $7.44 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Tuesday, September 1st. McDonald’s’s dividend payout ratio (DPR) is currently 60.44%.

McDonald’s News Summary

Here are the key news stories impacting McDonald’s this week:

  • Positive Sentiment: McDonald’s is cited as a potentially attractive defensive Dow stock because its powerful global brand, franchise-heavy model, recurring cash flow, dividends and share repurchases can provide stability when technology stocks are volatile. The Dow Is Outperforming the S&P 500 and Nasdaq in 2026
  • Positive Sentiment: A comparison with Airbnb emphasizes McDonald’s high-margin franchise network and consistent free-cash-flow generation, supporting the investment case for income-oriented and quality-focused investors. Airbnb vs. McDonald’s
  • Neutral Sentiment: McDonald’s continues to lead the U.S. burger market by a wide margin, despite Restaurant Brands International’s Burger King regaining the No. 2 position from Wendy’s. The competitive development reinforces McDonald’s scale advantage but could increase pressure to maintain value and traffic. Restaurant Brands’ stock jumps as star franchise beats Wendy’s
  • Neutral Sentiment: Menu changes and an upcoming Hello Kitty and Godzilla promotion may support customer engagement, although the articles provide no evidence yet of a material sales or earnings impact. McDonald’s Hello Kitty and Godzilla crossover
  • Negative Sentiment: Recent commentary says McDonald’s pricing decisions and withdrawn promotions alienated some loyal customers, raising concerns about affordability and traffic as lower-income consumers face pressure. McDonald’s admits pricing mistakes
  • Negative Sentiment: Analysts and investors remain cautious following quarterly results that beat EPS expectations but slightly missed revenue estimates, despite 3.7% year-over-year revenue growth. The mixed performance may limit near-term upside. Is McDonald’s Still a Good Stock to Buy in 2026?

McDonald’s Company Profile

(Get Free Report)

McDonald’s Corporation (NYSE: MCD) is a global quick-service restaurant company best known for its hamburgers, French fries and breakfast offerings. The company develops, operates and franchises a system of restaurants that sell a range of food and beverage items, including signature products such as the Big Mac, Quarter Pounder, Chicken McNuggets, McCafé coffee beverages and a variety of salads, desserts and seasonal menu items. McDonald’s serves customers through company-operated restaurants and franchised locations, and it supports sales via dine-in, drive-thru, digital ordering platforms and third-party delivery partnerships.

Founded in 1940 by brothers Richard and Maurice McDonald as a single San Bernardino, California restaurant, the business was transformed into a franchising model after Ray Kroc joined in the mid-1950s and led the brand’s national and international expansion.

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Earnings History and Estimates for McDonald's (NYSE:MCD)

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