Visa Inc. (NYSE:V – Get Free Report) has received an average rating of “Buy” from the thirty-seven ratings firms that are currently covering the company, Marketbeat reports. Thirty-four research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $425.21.
A number of research firms have recently issued reports on V. Sanford C. Bernstein reissued an “outperform” rating and issued a $450.00 price target (up from $418.00) on shares of Visa in a research note on Tuesday, June 2nd. Morgan Stanley restated an “overweight” rating and issued a $416.00 price target (up from $415.00) on shares of Visa in a research note on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price objective on shares of Visa from $400.00 to $450.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. President Capital upped their target price on Visa from $411.00 to $474.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Finally, TD Cowen reaffirmed a “buy” rating and issued a $420.00 target price (up from $416.00) on shares of Visa in a report on Wednesday, July 29th.
Read Our Latest Stock Analysis on V
Visa Stock Down 0.1%
Visa (NYSE:V – Get Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The company had revenue of $11.63 billion during the quarter, compared to analyst estimates of $11.40 billion. During the same period in the prior year, the business posted $2.98 earnings per share. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. On average, equities research analysts anticipate that Visa will post 13.16 EPS for the current year.
Visa Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Tuesday, August 11th. Visa’s payout ratio is 22.79%.
Insider Transactions at Visa
In other news, General Counsel Julie Rottenberg sold 2,028 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $381.35, for a total value of $773,377.80. Following the completion of the sale, the general counsel directly owned 18,404 shares of the company’s stock, valued at $7,018,365.40. This trade represents a 9.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Mahon sold 57,272 shares of the company’s stock in a transaction on Thursday, July 30th. The stock was sold at an average price of $364.97, for a total transaction of $20,902,561.84. Following the transaction, the insider directly owned 49,662 shares in the company, valued at approximately $18,125,140.14. This trade represents a 53.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 85,434 shares of company stock valued at $31,093,486. Corporate insiders own 0.12% of the company’s stock.
Institutional Investors Weigh In On Visa
Large investors have recently added to or reduced their stakes in the business. Philadelphia Investment Partners LLC acquired a new position in shares of Visa during the 2nd quarter worth approximately $29,000. Virtus Advisers LLC purchased a new position in Visa during the second quarter worth $33,000. Copos Capital S.a r.l. purchased a new position in Visa during the fourth quarter worth $35,000. Delos Wealth Advisors LLC acquired a new position in shares of Visa in the second quarter worth $38,000. Finally, Robinswood Financial LLC purchased a new stake in shares of Visa in the first quarter valued at $35,000. 82.15% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Expansion in corporate cross-border payments: Visa is partnering with UPT to deploy Currencycloud for international business payments and virtual euro- and pound-denominated IBAN accounts. The offering could make global collections easier for corporate customers and increase Visa’s presence in business-to-business payment flows. Visa Pushes Further Into Corporate Cross Border Payments
- Positive Sentiment: Travel and commercial-payment partnerships: Visa’s agreement with Klook across six Southeast Asian markets aims to expand travel bookings, experiences and promotional offers. Separately, The ai Corporation is broadening its Visa relationship for fleet fueling and EV-charging payments, supporting transaction growth in travel and mobility. Visa Klook Partnership The ai Corporation Expands Visa Relationship
- Positive Sentiment: Technology adoption: Visa supported Cleverbridge and Revolut in completing France’s first live AI-agent-initiated payment using passkey authentication. Visa also signed a memorandum with Vietnam Airlines and AWS covering digital transformation, payments, travel and data, potentially strengthening long-term payment volume opportunities. Cleverbridge AI Payment
- Neutral Sentiment: Visa, Mastercard and Ant International announced a shared Know-Your-Agent framework for onboarding and verifying payment agents. The initiative may improve interoperability and safety, although it also highlights intensifying competition across card networks and digital wallets. Mastercard and Visa Know Your Agent Framework
- Negative Sentiment: Settlement liability: Visa and Mastercard will fund a $167.5 million settlement for consumers charged certain unreimbursed independent ATM fees. The financial cost is limited relative to Visa’s scale, but the agreement may add regulatory and fee-pressure concerns. Visa and Mastercard ATM Fee Settlement
- Negative Sentiment: SoFi’s move to settle its card transactions with Mastercard using a stablecoin shows blockchain rails could reduce reliance on traditional bank settlement infrastructure. The development does not currently remove Visa from consumer payments, but it underscores longer-term technology and competitive risks. SoFi Stablecoin Card Settlement
About Visa
Visa Inc is a global payments technology company that operates one of the world’s largest electronic payment networks. The company connects consumers, businesses, financial institutions and governments, enabling transactions through credit, debit, prepaid and commercial payment products. Visa generally does not issue cards, extend credit or set consumer interest rates; instead, it provides the network, technology and services that support payments.
Visa’s products and services include Visa-branded cards, digital payment solutions, tokenization, fraud prevention, risk management, data analytics and payment acceptance tools.
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