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 Wednesday, October 18th. Stockholders of record on Friday, November 17th will be paid a dividend of $0.195 per share on Tuesday, December 5th. This represents a $0.78 annualized dividend and a dividend yield of 0.73%. The ex-dividend date is Thursday, November 16th. This is a boost from Visa's previous quarterly dividend of $0.17. View Visa's Dividend History.

Visa shares split on the morning of Thursday, March 19th 2015. The 4-1 split was announced on Thursday, January 29th 2015. The newly minted shares were payable 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 has authorized a stock repurchase program on Monday, April 24th 2017, which allows the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 2.4% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Visa Inc. (NYSE:V) released its earnings results on Thursday, April, 20th. The company reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.07. The firm had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.29 billion. Visa had a net margin of 36.53% and a return on equity of 30.95%. The business's revenue for the quarter was up 23.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.68 earnings per share. View Visa's Earnings History.

Visa is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Visa.

30 equities research analysts have issued 1-year target prices for Visa's shares. Their forecasts range from $45.00 to $150.00. On average, they anticipate Visa's share price to reach $112.32 in the next year. View Analyst Ratings for Visa.

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

• 1. Cantor Fitzgerald analysts commented, "Visa is a card network that facilitates transactions among card (credit, debit, prepaid or commercial) users, issuers, merchants and acquirers. Card networks act as intermediaries, utilizing network capabilities and infrastructure to facilitate the authorization, clearance, and settlement of payment transactions. Visa facilitates payments within a four-party model card payment scheme, wherein the issuer and acquirer are different entities." (9/28/2017)
• 2. According to Zacks Investment Research, "Shares of Visa have outperformed the industry, year to date. Numerous strategic acquisitions and alliances, technology upgrades and effective marketing have paved the way for the company's long-term growth. 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. The stock has seen the Zacks Consensus Estimate for current-year earnings being revised 1.8% upward over the last 60 days." (9/19/2017)
• 3. 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 decrease in short interest in September. As of September 29th, there was short interest totalling 30,098,798 shares, a decrease of 11.8% from the September 15th total of 34,135,283 shares. Based on an average daily trading volume, of 7,264,067 shares, the days-to-cover ratio is currently 4.1 days. Currently, 1.6% of the company's stock are short sold.

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

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
• Charlotte Hogg, Executive Vice President, Chief Executive Officer - European Operations
• 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

Visa's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.70%), State Treasurer State of Michigan (0.06%), Robeco Institutional Asset Management B.V. (0.06%), APG Asset Management N.V. (0.05%), Douglas Lane & Associates LLC (0.03%) and PGGM Investments (0.03%). Company insiders that own Visa stock include Charles W Scharf, Ellen Richey, James H Hoffmeister, Mary B Cranston, Ryan Mcinerney, Tullier Kelly Mahon 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 Shell Asset Management Co., PGGM Investments, Private Asset Management Inc., Douglas Lane & Associates LLC, Bridges Investment Counsel Inc., Sit Investment Associates Inc., Alta Capital Management LLC and LS Investment Advisors LLC. Company insiders that have sold Visa stock in the last year include Charles W Scharf, Ellen Richey, James H Hoffmeister, Mary B Cranston, Ryan Mcinerney, Tullier Kelly Mahon and William M Sheedy. View Insider Buying and Selling for Visa.

Visa's stock was purchased by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Assenagon Asset Management S.A., State Treasurer State of Michigan, APG Asset Management N.V., Hermes Investment Management Ltd., Exane Derivatives, Robeco Institutional Asset Management B.V. and Oakbrook Investments 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 $107.55.