Visa Inc. (Visa) is a payments technology company that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments. The Company operates through payment services segment. The Company enables global commerce through the transfer of value and information among the participants. The Company's transaction processing network facilitates authorization, clearing and settlement of payment transactions and enables to provide its financial institution and merchant clients a range of products, platforms and value-added services. The Company is a retail electronic payment network based on payments volume, number of transactions and number of cards in circulation. Its products/services include core products, processing infrastructure, transaction processing services, digital products, merchant products, and risk products and payment security initiatives.
Industry, Sector and Symbol:
- Sector: Business Services
- Industry: Internet Security & Transactions Services
- Sub-Industry: Data Processing & Outsourced Services
- Symbol: NYSE:V
- CUSIP: 92826C83
- Web: www.visa.com
- Market Cap: $219.62 billion
- Outstanding Shares: 2,306,434,000
- 50 Day Moving Avg: $93.91
- 200 Day Moving Avg: $87.59
- 52 Week Range: $73.25 - $96.60
Sales & Book Value:
- Trailing P/E Ratio: 47.51
- Foreward P/E Ratio: 24.17
- P/E Growth: 1.87
- Annual Revenue: $16.83 billion
- Price / Sales: 13.05
- Book Value: $10.92 per share
- Price / Book: 8.72
- Annual Dividend: $0.66
- Dividend Yield: 0.7%
- EBIDTA: $11.59 billion
- Net Margins: 28.78%
- Return on Equity: 29.14%
- Return on Assets: 12.08%
- Debt-to-Equity Ratio: 0.56%
- Current Ratio: 1.52%
- Quick Ratio: 1.52%
- Average Volume: 8.11 million shs.
- Beta: 0.94
- Short Ratio: 6.51
Frequently Asked Questions for Visa (NYSE:V)
What is Visa's stock symbol?
Visa trades on the New York Stock Exchange (NYSE) under the ticker symbol "V."
How often does Visa pay dividends? What is the dividend yield for Visa?
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.
When did Visa's stock split? How did Visa's stock split work?
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.
How will Visa's stock buyback program work?
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.
How were Visa's earnings last quarter?
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.
When will Visa make its next earnings announcement?
Where is Visa's stock going? Where will Visa's stock price be in 2017?
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.
What are analysts saying about Visa stock?
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)
Are investors shorting Visa?
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.
Who are some of Visa's key competitors?
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).
Who are Visa's key executives?
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
Who owns Visa stock?
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.
Who sold Visa stock? Who is selling Visa stock?
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.
Who bought Visa stock? Who is buying Visa stock?
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.
How do I buy Visa stock?
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.
What is Visa's stock price today?
MarketBeat Community Rating for Visa (NYSE V)MarketBeat's community ratings are surveys of what our community members think about Visa and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Visa stock can currently be purchased for approximately $95.22.
Consensus Ratings for Visa (NYSE:V) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 26 Buy Ratings, 1 Strong Buy Rating|
|Consensus Rating:||Buy (Score: 2.93)|
|Consensus Price Target: ||$95.44 (0.23% upside)|
Analysts' Ratings History for Visa (NYSE:V)
(Data available from 6/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/25/2017||Jefferies Group LLC||Reiterated Rating||Buy||$104.00||Low|
|6/23/2017||Cowen and Company||Reiterated Rating||Outperform||$105.00||Medium|
|6/21/2017||Sandler O'Neill||Reiterated Rating||Hold||Low|
|6/6/2017||Wedbush||Reiterated Rating||Outperform||$96.00 -> $100.00||Low|
|5/25/2017||Citigroup Inc.||Reiterated Rating||Buy||$100.00||Low|
|4/26/2017||CIBC||Boost Price Target||Outperform||$95.00 -> $100.00||Low|
|4/25/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$95.00 -> $100.00||Low|
|4/23/2017||Barclays PLC||Reiterated Rating||Overweight||$103.00 -> $106.00||Low|
|4/23/2017||Instinet||Reiterated Rating||Buy||$103.00 -> $105.00||Low|
|4/21/2017||Royal Bank Of Canada||Boost Price Target||Outperform -> Outperform||$97.00 -> $98.00||Low|
|4/14/2017||Piper Jaffray Companies||Reiterated Rating||Neutral||$45.00||N/A|
|3/29/2017||Credit Suisse Group||Reiterated Rating||Hold||Low|
|3/14/2017||Deutsche Bank AG||Reiterated Rating||Buy||$103.00||Low|
|3/11/2017||Sanford C. Bernstein||Reiterated Rating||Outperform||$104.00||N/A|
|3/8/2017||Morgan Stanley||Reiterated Rating||Overweight||Low|
|2/14/2017||Loop Capital||Initiated Coverage||Buy||$98.00||N/A|
|2/3/2017||Stifel Nicolaus||Lower Price Target||Buy||$105.00 -> $93.00||N/A|
|1/6/2017||BMO Capital Markets||Reiterated Rating||Top Pick||$99.00||N/A|
|12/15/2016||Bank of America Corporation||Upgrade||Neutral -> Buy||$92.00||N/A|
|12/5/2016||Guggenheim||Upgrade||Neutral -> Buy||$66.12 -> $89.00||N/A|
|10/24/2016||Goldman Sachs Group, Inc. (The)||Reiterated Rating||Buy||$96.00||N/A|
|10/24/2016||Drexel Hamilton||Upgrade||Hold -> Buy||N/A|
|10/21/2016||Robert W. Baird||Reiterated Rating||Outperform||$95.00||N/A|
|10/14/2016||Keefe, Bruyette & Woods||Reiterated Rating||Outperform||$99.00||N/A|
|9/14/2016||Pacific Crest||Set Price Target||Buy||$92.00||N/A|
|7/25/2016||Argus||Reiterated Rating||Buy||$85.00 -> $90.00||N/A|
|7/22/2016||JPMorgan Chase & Co.||Reiterated Rating||Buy||$90.00||N/A|
|7/19/2016||William Blair||Reiterated Rating||Outperform||N/A|
|6/28/2016||Atlantic Securities||Upgrade||Neutral -> Overweight||$92.00||N/A|
|4/20/2016||SunTrust Banks, Inc.||Reiterated Rating||Buy||$85.00 -> $100.00||N/A|
|4/15/2016||Compass Point||Initiated Coverage||Neutral||$80.00||N/A|
|4/9/2016||Sterne Agee CRT||Reiterated Rating||Buy||N/A|
|4/4/2016||Evercore ISI||Boost Price Target||Buy||$84.00 -> $85.00||N/A|
|11/3/2015||Susquehanna Bancshares Inc||Reiterated Rating||Positive||$85.00 -> $87.00||N/A|
|10/22/2015||Wells Fargo & Company||Initiated Coverage||Outperform||N/A|
|7/28/2015||S&P Equity Research||Downgrade||Hold||$80.00||N/A|
|7/25/2015||FBR & Co||Reiterated Rating||Hold||N/A|
|7/24/2015||Topeka Capital Markets||Boost Price Target||Hold||$66.00 -> $70.00||N/A|
Earnings History for Visa (NYSE:V)Earnings History by Quarter for Visa (NYSE V)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/19/2017|| || || || || || || || |
|4/20/2017||Q2 2017||$0.79||$0.86||$4.29 billion||$4.48 billion||View||N/A|
|2/2/2017||Q1 2017||$0.78||$0.86||$4.29 billion||$4.46 billion||View||Listen|
|10/24/2016||Q4||$0.73||$0.78||$4.24 billion||$4.26 billion||View||Listen|
|7/21/2016||Q316||$0.66||$0.69||$3.67 billion||$3.63 billion||View||Listen|
|4/21/2016||Q216||$0.67||$0.68||$3.60 billion||$3.60 billion||View||Listen|
|1/28/2016||Q116||$0.68||$0.69||$3.63 billion||$3.57 billion||View||Listen|
|11/2/2015||Q415||$0.63||$0.62||$3.56 billion||$3.60 billion||View||N/A|
|7/23/2015||Q315||$0.59||$0.74||$3.37 billion||$3.52 billion||View||Listen|
|4/30/2015||Q215||$0.62||$0.63||$3.34 billion||$3.40 billion||View||N/A|
|1/29/2015||Q115||$2.49||$2.53||$3.35 billion||$3.40 billion||View||N/A|
|10/29/2014||Q414||$2.10||$2.18||$3.19 billion||$3.23 billion||View||N/A|
|7/24/2014||Q314||$2.10||$2.17||$3.15 billion||$3.16 billion||View||N/A|
|4/24/2014||Q214||$2.18||$2.52||$3.19 billion||$3.16 billion||View||N/A|
|1/30/2014||Q114||$2.16||$2.20||$3.12 billion||$3.16 billion||View||Listen|
|10/30/2013||Q413||$1.85||$1.85||$3.02 billion||$3.00 billion||View||Listen|
|7/24/2013||Q3 2013||$1.80||$1.88||$2.89 billion||$3.00 billion||View||Listen|
|5/1/2013||Q2 2013||$1.81||$1.92||$2.87 billion||$2.96 billion||View||Listen|
|2/6/2013||Q1 2013||$1.79||$1.82||$2.82 billion||$2.85 billion||View||Listen|
Earnings Estimates for Visa (NYSE:V)
2017 EPS Consensus Estimate: $3.23
2018 EPS Consensus Estimate: $3.89
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Visa (NYSE:V)
|Most Recent Dividend:||6/6/2017|
|Dividend Growth:||19.00% (3 Year Average)|
|Payout Ratio:||33.00% (Trailing 12 Months of Earnings) |
19.58% (Based on This Year's Estimates)
16.75% (Based on Next Year's Estimates)
|Track Record:||8 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Visa (NYSE V)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Visa (NYSE:V)
Insider Ownership Percentage: 0.14%Insider Trades by Quarter for Visa (NYSE:V)
Institutional Ownership Percentage: 83.43%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/25/2017||Ellen Richey||Vice Chairman||Sell||31,260||$91.94||$2,874,044.40|| |
|2/7/2017||James H Hoffmeister||SVP||Sell||11,139||$85.95||$957,397.05|| |
|2/6/2017||William M Sheedy||EVP||Sell||125,372||$85.74||$10,749,395.28|| |
|11/8/2016||Ryan Mcinerney||President||Sell||18,500||$82.92||$1,534,020.00|| |
|10/28/2016||Charles W Scharf||Insider||Sell||772,912||$82.65||$63,881,176.80|| |
|2/10/2016||Ellen Richey||Insider||Sell||39,348||$70.00||$2,754,360.00|| |
|12/16/2015||William M. Sheedy||EVP||Sell||60,930||$79.47||$4,842,107.10|| |
|3/2/2015||Ellen Richey||Insider||Sell||4,785||$277.00||$1,325,445.00|| |
|2/9/2015||Ellen Richey||Insider||Sell||7,966||$267.41||$2,130,188.06|| |
|2/2/2015||Antonio Lucio||EVP||Sell||3,438||$255.89||$879,749.82|| |
|9/3/2014||Antonio Lucio||EVP||Sell||14,545||$215.07||$3,128,193.15|| |
|6/16/2014||Antonio Lucio||EVP||Sell||7,304||$210.88||$1,540,267.52|| |
|5/8/2014||Byron Pollitt, Jr.||CFO||Sell||79,518||$210.00||$16,698,780.00|| |
|3/17/2014||Alfred Kelly, Jr.||Director||Buy||1,575||$222.70||$350,752.50|| |
|2/18/2014||Elizabeth Buse||EVP||Sell||6,159||$225.89||$1,391,256.51|| |
|1/2/2014||Antonio Lucio||EVP||Sell||7,163||$221.50||$1,586,604.50|| |
|12/11/2013||Francisco Fernandez-Carbajal||Director||Sell||40,600||$201.69||$8,188,614.00|| |
|12/2/2013||Elizabeth Buse||Insider||Sell||4,405||$205.92||$907,077.60|| |
|11/20/2013||Elizabeth Buse||Insider||Sell||7,648||$199.37||$1,524,781.76|| |
|10/18/2013||William M Sheedy||Insider||Sell||8,500||$197.81||$1,681,385.00|| |
|8/26/2013||Elizabeth Buse||Insider||Sell||17,562||$177.03||$3,109,000.86|| |
|8/6/2013||Joshua Floum||General Counsel||Sell||23,133||$183.95||$4,255,315.35|| |
|7/11/2013||Ellen Richey||Insider||Sell||25,432||$188.56||$4,795,457.92|| |
|6/10/2013||Antonio Lucio||Insider||Sell||9,537||$180.54||$1,721,809.98|| |
|5/9/2013||Mary B Cranston||Director||Sell||1,000||$179.10||$179,100.00|| |
|2/14/2013||Antonio Lucio||Insider||Sell||23,906||$155.80||$3,724,554.80|| |
Headline Trends for Visa (NYSE:V)
Latest Headlines for Visa (NYSE:V)
Visa (V) Chart for Monday, June, 26, 2017