Visa Company Profile (NYSE:V)

Visa trades on the New York Stock Exchange (NYSE) under the ticker symbol "V."

Visa announced a quarterly dividend on Tuesday, April 18th. Stockholders of record on Friday, May 19th will be paid a dividend of $0.165 per share on Tuesday, June 6th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date is Wednesday, May 17th. View Visa's Dividend History.

Visa's stock split on Thursday, March 19th 2015. The 4-1 split was announced on Thursday, January 29th 2015. The newly created shares were distributed to shareholders after the market closes on Wednesday, March 18th 2015. An investor that had 100 shares of Visa stock prior to the split would have 400 shares after the split.

Visa announced that its Board of Directors has approved a stock buyback program on Monday, April 24th 2017, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 2.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its stock is undervalued.

Visa Inc. (NYSE:V) posted its earnings results on Thursday, April, 20th. The company reported $0.86 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.79 by $0.07. The company had revenue of $4.48 billion for the quarter, compared to analysts' expectations of $4.29 billion. Visa had a return on equity of 29.14% and a net margin of 28.78%. The business's revenue was up 23.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.68 EPS. View Visa's Earnings History.

Visa is scheduled to release their next quarterly earnings announcement on Wednesday, July, 19th 2017. View Earnings Estimates for Visa.

30 analysts have issued 1-year price targets for Visa's stock. Their predictions range from $45.00 to $106.00. On average, they anticipate Visa's stock price to reach $95.44 in the next year. View Analyst Ratings for Visa.

Here are some recent quotes from research analysts about Visa stock:

• 1. According to Zacks Investment Research, "The shares of Visa have gained 19.8% year to date outperforming the Zacks categorized Financial Transaction Services industry’s gain of 16.7%. This outperformance is likely to have been driven by the company’s strategic acquisitions and alliances, technology upgrades and effective marketing efforts that have paved the way for long-term growth. The company’s inorganic story remains impressive with strategic buyouts. Visa is well poised to gain from the growing electronic payment processing and strong international business. A solid balance sheet position ensures effective capital deployment in pursue growth initiatives. Over past sixty days, the Zacks Consensus Estimate has revised upward for both 2017 and 2018. However, higher expenses, forex volatility, increased client incentives,  global economic uncertainty and legal headwinds remain concerns." (6/14/2017)
• 2. Wedbush analysts commented, "We are assuming coverage with an OUTPERFORM rating and $96 price target (25x our FY18E adj. EPS), reflecting the company's attractive business model, growth prospects, and outlook for increasing shareholder returns. We point to a host of growth/scale catalysts, including the disintermediation of cash/checks by electronic payments, networks' increased dominance in the payments eco-system, incremental revenue opportunities from European regulations, incremental catalysts from hyper-growth mobile payments, ACH-based revenue growth opportunities, and positive contributions from the VE combination." (1/20/2017)

Visa saw a increase in short interest during the month of May. As of May 31st, there was short interest totalling 46,824,088 shares, an increase of 1.4% from the May 15th total of 47,508,706 shares. Based on an average trading volume of 7,510,229 shares, the days-to-cover ratio is presently 6.2 days. Currently, 2.5% of the shares of the stock are sold short.

Some companies that are related to Visa include Mastercard Incorporated (MA), Accenture PLC (ACN), S&P Global (SPGI), Thomson Reuters Corp (TRI), Waste Management (WM), Fidelity National Information Services (FIS), WPP PLC (WPPGY), Fiserv (FISV), Republic Services (RSG), Paychex (PAYX), Sodexo SA (SDXAY), Experian plc (EXPGY), Omnicom Group (OMC), IHS Markit (INFO), Cap Gemini SA (CGEMY), First Data Corporation (FDC), Waste Connections (WCN) and Publicis Groupe SA (PUBGY).

Visa's management team includes the folowing people:

• Ryan McInerney, President
• Alfred F. Kelly Jr., Chief Executive Officer, Director
• Vasant M. Prabhu, Chief Financial Officer, Executive Vice President
• Ellen Richey, Vice Chairman - Risk and Public Policy
• Lynne Biggar, Executive Vice President, Chief Marketing and Communications Officer
• Kelly Mahon Tullier, Executive Vice President, General Counsel and Corporate Secretary
• William M. Sheedy, Executive Vice President - Corporate Strategy, M&A and Government Relations
• Rajat Taneja, Executive Vice President - Technology
• Robert W. Matschullat, Non-Executive Independent Chairman of the Board
• Lloyd A. Carney, Independent Director

Visa's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.39%), BlackRock Inc. (4.91%), FMR LLC (3.78%), State Street Corp (3.62%), Massachusetts Financial Services Co. MA (1.85%) and Morgan Stanley (1.34%). Company insiders that own Visa stock include Charles W Scharf, Ellen Richey, James H Hoffmeister, Ryan Mcinerney and William M Sheedy. View Institutional Ownership Trends for Visa.

Visa's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Wellington Management Group LLP, Renaissance Technologies LLC, Jennison Associates LLC, SG Americas Securities LLC, Parametric Portfolio Associates LLC, Winslow Capital Management LLC and Massachusetts Financial Services Co. MA. Company insiders that have sold Visa stock in the last year include Charles W Scharf, Ellen Richey, James H Hoffmeister, Ryan Mcinerney and William M Sheedy. View Insider Buying and Selling for Visa.

Visa's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Clearbridge Investments LLC, Egerton Capital UK LLP, TIAA CREF Investment Management LLC, Swiss National Bank, Akre Capital Management LLC and Geode Capital Management LLC. View Insider Buying and Selling for Visa.

Shares of Visa can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Visa stock can currently be purchased for approximately $95.22.