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 given a dividend of $0.165 per share on Tuesday, September 5th. This represents a $0.66 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Wednesday, August 16th. 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 issued 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 approved a share repurchase plan 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 buy up to 2.4% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Visa Inc. (NYSE:V) released its quarterly earnings data on Thursday, July, 20th. The company reported $0.86 earnings per share for the quarter, beating analysts' consensus estimates of $0.81 by $0.05. The firm had revenue of $4.57 billion for the quarter, compared to analysts' expectations of $4.36 billion. Visa had a return on equity of 29.14% and a net margin of 28.78%. The firm's revenue was up 25.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.69 earnings per share. View Visa's Earnings History.

29 brokerages have issued 1 year price targets for Visa's shares. Their predictions range from $45.00 to $150.00. On average, they expect Visa's stock price to reach $101.32 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 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. Approximately 2.1% of the company's shares 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), Omnicom Group (OMC), IHS Markit (INFO), Sodexo SA (SDXAY), Equifax (EFX), Publicis Groupe SA (PUBGY), First Data Corporation (FDC), Waste Connections (WCN) and Global Payments (GPN).

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 retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.68%), Vontobel Asset Management Inc. (0.24%), Alecta Pensionsforsakring Omsesidigt (0.17%), Swedbank (0.15%), Bank of Montreal Can (0.14%) and Manning & Napier Advisors LLC (0.11%). 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 Alecta Pensionsforsakring Omsesidigt, Manning & Napier Advisors LLC, Bank of Montreal Can, Rockefeller Financial Services Inc., APG Asset Management N.V., Bedrijfstakpensioenfonds Voor DE Media PNO, NN Investment Partners Holdings N.V. and Exxonmobil Investment Management Inc. TX. 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 DnB Asset Management AS, Vontobel Asset Management Inc., Fisher Asset Management LLC, Mn Services Vermogensbeheer B.V., Randolph Co Inc, National Pension Service, Ardevora Asset Management LLP and Waverton Investment Management Ltd. 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 $99.60.