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, July 18th. Investors of record on Friday, August 18th will be paid a dividend of $0.165 per share on Tuesday, September 5th. This represents a $0.66 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend 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 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 initiated a share repurchase plan on Monday, April 24th 2017, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its stock is undervalued.

Visa Inc. (NYSE:V) released its earnings results on Thursday, July, 20th. The company reported $0.86 earnings per share for the quarter, topping the Thomson Reuters' 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 net margin of 36.53% and a return on equity of 30.95%. Visa's revenue was up 25.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $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 1 year price objectives for Visa's shares. Their predictions range from $45.00 to $150.00. On average, they anticipate 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 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 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), Thomson Reuters Corp (TRI), Waste Management (WM), Fidelity National Information Services (FIS), Fiserv (FISV), WPP PLC (WPPGY), Republic Services (RSG), Paychex (PAYX), Cap Gemini SA (CGEMY), IHS Markit (INFO), Omnicom Group (OMC), Sodexo SA (SDXAY), Equifax (EFX), 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 a variety 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 Bessemer Group Inc. (0.15%). 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, Great West Life Assurance Co. Can, Bank of Montreal Can, Rockefeller Financial Services Inc., APG Asset Management N.V. and Strs Ohio. 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 acquired 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., Rothschild Asset Management Inc., Randolph Co Inc and Meag Munich Ergo Kapitalanlagegesellschaft MBH. 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 $99.57.