Visa Company Profile (NYSE:V)

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

Visa declared a quarterly dividend on Tuesday, July 18th. Investors of record on Friday, August 18th will be given a dividend of $0.165 per share on Tuesday, September 5th. This represents a $0.66 annualized dividend and a yield of 0.65%. The ex-dividend date is Wednesday, August 16th. View Visa's Dividend History.

Visa shares split on Thursday, March 19th 2015. The 4-1 split was announced on Thursday, January 29th 2015. The newly minted shares were issued 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 declared that its Board of Directors has authorized a share repurchase plan 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 plans are often a sign that the company's board believes its stock is undervalued.

Visa Inc. (NYSE:V) posted its quarterly earnings data on Thursday, July, 20th. The company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. The business earned $4.57 billion during the quarter, compared to analysts' expectations of $4.36 billion. Visa had a return on equity of 30.95% and a net margin of 36.53%. Visa's quarterly revenue was up 25.8% compared to the same quarter last year. During the same period last year, the firm earned $0.69 EPS. View Visa's Earnings History.

Visa is scheduled to release their next quarterly earnings announcement on Monday, October, 23rd 2017. View Earnings Estimates for Visa.

28 brokers have issued twelve-month price objectives for Visa's shares. Their predictions range from $45.00 to $150.00. On average, they expect Visa's stock price to reach $104.73 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, "Visa’s third-quarter fiscal 2017 earnings of $0.86 per share, beat estimates by 7.5% and grew 25% year-over-year. Results reflected solid payment volume growth, a double-digit increase in cross-border revenue and healthy operating metrics from every region. Shares of Visa have gained 29% year to date, outperforming the industry’s gain of 23%. This outperformance may have been driven by strategic acquisitions and alliances, technology upgrades and effective marketing that have paved the way for 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. However, higher expenses, forex volatility, increased client incentives, global economic uncertainty and legal headwinds remain concerns." (7/27/2017)
• 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 decline in short interest in the month of June. As of June 15th, there was short interest totalling 38,450,054 shares, a decline of 17.9% from the May 31st total of 46,824,088 shares. Based on an average daily trading volume, of 10,345,603 shares, the days-to-cover ratio is presently 3.7 days. Currently, 2.1% 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), Waste Management (WM), Thomson Reuters Corp (TRI), Fidelity National Information Services (FIS), Fiserv (FISV), WPP PLC (WPPGY), Republic Services (RSG), Paychex (PAYX), Experian plc (EXPGY), Cap Gemini SA (CGEMY), IHS Markit (INFO), Omnicom Group (OMC), Sodexo SA (SDXAY), First Data Corporation (FDC), Equifax (EFX) 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 a number of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.68%), Vontobel Asset Management Inc. (0.24%), Russell Investments Group Ltd. (0.17%), Alecta Pensionsforsakring Omsesidigt (0.17%), Swedbank (0.15%) and Bank of Montreal Can (0.14%). 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 Flossbach Von Storch AG, Alecta Pensionsforsakring Omsesidigt, Manning & Napier Advisors LLC, Bank of Montreal Can, Rockefeller Financial Services Inc., APG Asset Management N.V., Strs Ohio and Bedrijfstakpensioenfonds Voor DE Media PNO. 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 purchased by a variety of institutional investors in the last quarter, including Harbour Capital Advisors LLC, DnB Asset Management AS, Vontobel Asset Management Inc., Fisher Asset Management LLC, Mn Services Vermogensbeheer B.V., Randolph Co Inc, Meag Munich Ergo Kapitalanlagegesellschaft MBH and National Pension Service. 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 $100.85.