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Visa (V) Stock Price, News & Analysis

Visa logo
$289.89
-0.27 (-0.09%)
(As of 10/31/2024 ET)

About Visa Stock (NYSE:V)

Key Stats

Today's Range
$289.62
$296.34
50-Day Range
$267.32
$291.61
52-Week Range
$232.99
$296.34
Volume
7.95 million shs
Average Volume
7.08 million shs
Market Capitalization
$530.19 billion
P/E Ratio
31.00
Dividend Yield
0.72%
Price Target
$320.07
Consensus Rating
Moderate Buy

Company Overview

Visa Inc. is a US-based multinational financial services company formed from a consortium of US banks. It is the 2nd largest payment processor globally and the leading payment processor outside China. Its market share in 2021 was roughly 50% of global transaction volume x-China. Transactions are processed in 1 of 4 hardened data centers in key regions worldwide. The data centers are hardened against internal and external attacks, both physical and digital, and can operate independently of each, providing ample redundancy for the system. As of 2022, the company can process more than 30,000 transactions per second, making it the most viable solution for most use-case scenarios.

Visa Inc. was founded in 1958 by Bank of America as the BankAmericard Credit Card network. Not only is the card itself of historical importance, but how it was launched is also. Bank of America launched the program with the first mass mailing of unsolicited credit cards, changing the nature of the entire consumer credit market. At the time, consumers often had several credit accounts with local merchants, which was cumbersome for financial record-keeping; by introducing a consumer-friendly credit card, Bank of America unified merchant credit accounts into one billing statement.

The BankAmericard network was so popular, and to compete again with the then-number 1 MasterCard, Bank of America opened use to other financial institutions. By 1970 Bank of America had relinquished direct control of the institution allowing a consortium of financial institutions to operate the company. It was rebranded as Visa in 1976 and grew to become the dominant payment processing network in the decades since.

Visa Inc is not a card issuer; it does not extend credit to consumers and does not set rates or fees for consumers. It is in business to provide electronic funds transfers services or EFT to financial institutions, banks, government and businesses. Entities needing financial payment processing infrastructure can enroll in VisaNet and issue Visa-branded cards and services to their clients and customers.

Visa operated as four separate entities serving different regions of the globe until restructuring in 2006. The restructuring resulted in the merger of 3 of the four assets into Visa Inc, leaving Visa Europe as a stand-alone entity. The new Visa Inc held its IPO in 2007, selling half of its shares, raising nearly $18 billion or almost double the targeted amount. Visa Europe was later acquired by Visa Inc, forming the unified company traded today.

Visa employs more than 26,500 individuals globally and brought in roughly $15 billion in revenue for fiscal 2021. The company has more than 3.9 billion active cards out globally; it has processed more than 255 billion transactions and is used by more than 80 million merchant locations. As a forward-thinking company, Visa is also engaged to some degree with the cryptocurrency markets and has partnerships with Coinbase and Crypto.com, among others.

Visa Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
100th Percentile Overall Score

V MarketRank™: 

Visa scored higher than 100% of companies evaluated by MarketBeat, and ranked 11th out of 338 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Visa has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 23 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Visa has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Visa's stock forecast and price target.
  • Earnings Growth

    Earnings for Visa are expected to grow by 11.69% in the coming year, from $9.92 to $11.08 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Visa is 31.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Visa is 31.00, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 44.65.

  • Price to Earnings Growth Ratio

    Visa has a PEG Ratio of 1.95. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Visa has a P/B Ratio of 14.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Visa's valuation and earnings.
  • Percentage of Shares Shorted

    1.32% of the float of Visa has been sold short.
  • Short Interest Ratio / Days to Cover

    Visa has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Visa has recently decreased by 5.44%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Visa has a dividend yield of 0.74%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Visa has been increasing its dividend for 16 years.

  • Dividend Coverage

    The dividend payout ratio of Visa is 23.24%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Visa will have a dividend payout ratio of 18.77% next year. This indicates that Visa will be able to sustain or increase its dividend.

  • Read more about Visa's dividend.
  • Percentage of Shares Shorted

    1.32% of the float of Visa has been sold short.
  • Short Interest Ratio / Days to Cover

    Visa has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Visa has recently decreased by 5.44%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Visa has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Business Services companies.
  • News Coverage This Week

    MarketBeat has tracked 61 news articles for Visa this week, compared to 23 articles on an average week.
  • Search Interest

    Only 99 people have searched for V on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.
  • MarketBeat Follows

    63 people have added Visa to their MarketBeat watchlist in the last 30 days. This is an increase of 103% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Visa insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,382,309.00 in company stock.

  • Percentage Held by Insiders

    Only 0.19% of the stock of Visa is held by insiders.

  • Percentage Held by Institutions

    82.15% of the stock of Visa is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Visa's insider trading history.
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V Stock News Headlines

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Visa (NYSE:V) Sets New 12-Month High After Strong Earnings
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See More Headlines

V Stock Analysis - Frequently Asked Questions

Visa's stock was trading at $260.35 at the beginning of 2024. Since then, V stock has increased by 11.3% and is now trading at $289.89.
View the best growth stocks for 2024 here
.

Visa Inc. (NYSE:V) posted its quarterly earnings results on Tuesday, October, 29th. The credit-card processor reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.13. The business's revenue was up 11.7% compared to the same quarter last year.
Read the conference call transcript
.

Visa shares split on the morning of Thursday, March 19th 2015. The 4-1 split was announced on Thursday, January 29th 2015. The newly created shares were issued to shareholders after the market closes on Wednesday, March 18th 2015. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

Top institutional shareholders of Visa include International Assets Investment Management LLC (0.53%), Principal Financial Group Inc. (0.31%), SG Americas Securities LLC (0.22%) and National Pension Service (0.16%). Insiders that own company stock include Rajat Taneja, Alfred F Kelly Jr, Vasant M Prabhu, Tullier Kelly Mahon, Paul D Fabara, Peter M Andreski, Julie B Rottenberg, Lloyd Carney, Ryan Mcinerney, James H Hoffmeister and Robert W Matschullat.
View institutional ownership trends
.

Shares of V stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Visa investors own include Meta Platforms (META), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Advanced Micro Devices (AMD), Broadcom (AVGO) and Chevron (CVX).

Company Calendar

Ex-Dividend for 9/3 Dividend
8/09/2024
Dividend Payable
9/03/2024
Last Earnings
10/29/2024
Today
10/31/2024
Ex-Dividend for 12/2 Dividend
11/12/2024
Dividend Payable
12/02/2024
Next Earnings (Estimated)
1/23/2025
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
CUSIP
92826C83
Fax
N/A
Employees
28,800
Year Founded
1958

Price Target and Rating

Average Stock Price Target
$320.07
High Stock Price Target
$340.00
Low Stock Price Target
$275.00
Potential Upside/Downside
+10.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.93
Research Coverage
29 Analysts

Profitability

Net Income
$17.27 billion
Pretax Margin
66.38%

Debt

Sales & Book Value

Annual Sales
$34.92 billion
Cash Flow
$10.71 per share
Book Value
$20.03 per share

Miscellaneous

Outstanding Shares
1,828,938,000
Free Float
1,818,844,000
Market Cap
$530.68 billion
Optionable
Optionable
Beta
0.96

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This page (NYSE:V) was last updated on 10/31/2024 by MarketBeat.com Staff
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