V - Visa Inc.

NYSE - NYSE Delayed price. Currency in USD
181.89
+1.29 (+0.71%)
At close: 4:01PM EST

182.50 +0.55 (0.30%)
Pre-market: 4:02AM EST

Stock chart is not supported by your current browser
Previous close180.60
Open181.25
Bid181.67 x 800
Ask0.00 x 1000
Day's range180.07 - 182.03
52-week range121.60 - 187.05
Volume4449092
Avg. volume7,500,204
Market cap404B
Beta (3Y monthly)0.93
PE ratio (TTM)34.21
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield1.20 (0.66%)
Ex-dividend date2019-11-14
1y target estN/A
  • Visa (V) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Visa (V) Outpaces Stock Market Gains: What You Should Know

    Visa (V) closed at $181.99 in the latest trading session, marking a +0.77% move from the prior day.

  • Reuters - UK Focus

    UPDATE 1-UK regulators call time on lengthy glitches in banking services

    Regulators made proposals on Thursday to strengthen the ability of banks and payment firms in Britain to cope with major incidents and maintain key services with minimum interruption. The Bank of England and the Financial Conduct Authority have proposed that banks, insurers, investment firms, exchanges and financial market infrastructure (FMIs) firms like Visa that make payments possible, set "impact tolerances" for important services. Firms themselves would quantify the maximum level of disruption they would tolerate in terms of time, volume of business or number of customers affected.

  • The Zacks Analyst Blog Highlights: Visa, AT&T, Coca-Cola, American Express and Kimberly-Clark
    Zacks

    The Zacks Analyst Blog Highlights: Visa, AT&T, Coca-Cola, American Express and Kimberly-Clark

    The Zacks Analyst Blog Highlights: Visa, AT&T, Coca-Cola, American Express and Kimberly-Clark

  • Top Research Reports for Visa, AT&T & Coca-Cola
    Zacks

    Top Research Reports for Visa, AT&T & Coca-Cola

    Top Research Reports for Visa, AT&T; & Coca-Cola

  • TEST Business Wire Releases

    NovoPayment and Visa Expand Strategic Partnership in Latin America and the Caribbean

    FINNOSUMMIT -- NovoPayment, a Banking-as-a-Service platform category leader, and Visa Inc., the world’s leader in digital payments, today announced an expansion of their strategic partnership to enable financial institutions and merchants to deploy Visa’s digital solutions in Latin America and the Caribbean. Visa has also made a strategic investment in NovoPayment.

  • Reuters - UK Focus

    Africa-focused lender Bayport explores $800 mln London listing - sources

    LONDON/JOHANNESBURG, Nov 29(Reuters) - Bayport Management, an African consumer lending company, is considering a London listing in the first half of 2020 that could value it at around $800 million, three sources familiar with matter said. Bayport, which provides loans primarily to government employees, has hired Citi, JP Morgan and Standard Bank as joint global coordinators for the deal, two of the sources said. The company, founded in 2002 by co-chief executives Stuart Stone and Grant Kurland, is also active in insurance.

  • Mastercard and PayPal Expand Instant Money Transfer Service
    Zacks

    Mastercard and PayPal Expand Instant Money Transfer Service

    Mastercard (MA) expands its Mastercard Send service for fast money transfer to Singapore and parts of Europe.

  • How Do Stocks Trade Around Thanksgiving?
    Zacks

    How Do Stocks Trade Around Thanksgiving?

    The two-day trading period around Thanksgiving???the Wednesday before and the Friday after???has traditionally been strong for stocks.

  • These cities top the list of most expensive airports in the US
    Yahoo Finance

    These cities top the list of most expensive airports in the US

    The travel website recently compiled the most expensive and affordable airports in all 50 states, and ranked Newark Liberty International Airport at the top of the pricey list.

  • Dow Tops 28,000: 7 Hot Stocks Behind the Rally
    Zacks

    Dow Tops 28,000: 7 Hot Stocks Behind the Rally

    The dual tailwinds of renewed trade optimism and stronger-than-expected corporate earnings drove the rally. The bullishness was further fueled by rate cuts by the Federal Reserve.

  • Calculating The Fair Value Of Visa Inc. (NYSE:V)
    Simply Wall St.

    Calculating The Fair Value Of Visa Inc. (NYSE:V)

    In this article we are going to estimate the intrinsic value of Visa Inc. (NYSE:V) by taking the foreast future cash...

  • Visa, Mastercard draw FTC inquiry over debit card transactions: Bloomberg Law
    Reuters

    Visa, Mastercard draw FTC inquiry over debit card transactions: Bloomberg Law

    The regulator is looking into whether Visa, Mastercard and other large debit card issuers are blocking retailers from routing card transactions over alternative networks such as Pulse, NYCE and Star, the report said. The FTC has been reaching out to large merchants and their trade groups over the issue, the report added.

  • Visa, Mastercard draw FTC inquiry over debit card transactions - Bloomberg Law
    Reuters

    Visa, Mastercard draw FTC inquiry over debit card transactions - Bloomberg Law

    The regulator is looking into whether Visa, Mastercard and other large debit card issuers are blocking retailers from routing card transactions over alternative networks such as Pulse, NYCE and Star, the report said. The FTC has been reaching out to large merchants and their trade groups over the issue, the report added.

  • Reuters - UK Focus

    Revolut plans to raise $500 mln next year to fund global expansion

    British-based digital banking app Revolut is in talks with investors to raise at least $500 million next year to fund a global hiring spree as it expands in markets including the United States and Japan. "We want to raise at least $500 million in direct equity and potentially, maybe at a later stage, up to $1 billion in convertible (debt)," its CEO and co-founder Nikolay Storonsky told Reuters in an interview on Tuesday. "We have done soft marketing with investors and we are continuing doing it, so hopefully in the next several months, we'll get it done," Storonsky said of the fund raising.

  • Tencent Should Be Split Up
    Bloomberg

    Tencent Should Be Split Up

    (Bloomberg Opinion) -- China’s most ubiquitous company is hiding one of its most valuable assets. That needs to change.Tencent Holdings Ltd., best known for the WeChat messenger that almost everyone in the country uses, has a growing fintech business. But it’s getting overshadowed by the games and social media divisions. By spinning it off into a new company, with a move to a separate listing, management could unlock as much as $230 billion in value. That would make the entity China’s fourth-largest listed company and the world’s sixth-biggest financial services firm.Such a move could help Tencent retake some of the limelight that it’s about to share with Alibaba Group Holding Ltd. once that company lists in Hong Kong. Alibaba’s fintech unit, Ant Financial Services Group, already functions as a separate business with the e-commerce giant holding a 33% stake. At Tencent, fintech and business services accounted for 26% of revenue last quarter. The Shenzhen-based company is due to report third-quarter earnings late Wednesday.I estimate that revenue from Tencent’s fintech business grew in excess of 70% last year.(1)  The vast majority of that was payments. Yet Tencent also offers other products such as wealth management and has a 30% stake in WeBank, China’s first online-only bank, which was founded five years ago. Data on its fintech profits are hard to ascertain, yet information disclosed by Alibaba shows that Ant Financial was unprofitable last year, so Tencent could be in a similar boat. That’s not necessarily a bad thing. The two rivals are startups in the classic sense, using fast revenue growth driven by marketing and incentives to gain ground fast. A major reason why both have lost money in recent years is due to low take rates, the commissions received from processing payments, because they’ve offered discounts to consumers and merchants. A turnaround could be near, Sanford C Bernstein senior analyst David Dai wrote in a recent series on China’s fintech sector. He estimates that a maturing market will ease cut-throat competition and allow both companies to take a greater share of the money that sloshes through their payments platforms.As a result, Tencent’s payment business (TenPay) alone could be worth $137 billion, compared to $127 billion for Ant’s AliPay, the Bernstein team figures. HSBC Holdings Plc uses two methodologies(2) to come up with an estimated value of around $128 billion. Throw in the other products, and Bernstein calculates a base-case valuation for Tencent’s fintech unit of $160 billion, going as high as $230 billion. This indicates that 40% to 58% of Tencent’s current market cap is locked up in this hitherto hidden division. Bernstein has a base case of $210 billion for Ant, reaching as high as $320 billion.Payments spinoffs have proven to be lucrative in the past. EBay Inc. proved it with PayPal Holdings Inc. in 2015, with the latter posting a 177% normalized return since then, outpacing the 145% rise in the S&P Data Processing sub-index which includes Visa Inc. and Mastercard Inc. PayPal also trounced both eBay (35%) and the S&P 500 (49%). Square Inc., another payments provider, has been one of the hottest stocks of the past decade, returning more than 590% since its initial public offering in 2015.A more recent example comes from India, where Walmart Inc. is reported to be spinning off payments business PhonePe from local e-commerce company Flipkart Group, which it acquired last year. That transaction could turn a $20.8 billion startup into two unicorns with a combined value of more than $30 billion. Tencent doesn’t need to rush to list this fintech unit. Appetite for mega IPOs is likely to be satiated by Alibaba’s Hong Kong listing and that of Saudi Aramco over the next few months. And there’s a long runway of big startups ready for their moment in the sun. By merely making it a separate entity, management can signal intent and allow investors to start re-rating Tencent’s stock accordingly.An offering may not even be necessary, since Tencent is already sitting on more cash than it needs. Instead, the company could distribute shares in Tencent Fintech to existing shareholders, and then directly list the stock. That’s similar to the approach advocated by activist investor Dan Loeb for a Sony Corp. split.Tencent is sitting on a bright light in this fintech unit. Time to let it shine.(Updates to include reference to third-quarter earnings schedule in third paragraph.)(1) The "others" category includes fintech, cloud, film & TV. Tencent noted that fintech is the major component and gave a figure for cloudbut not content.(2) HSBC Approach 1: valuation per user. Approach 2: Using Tencent operating margins applied to its payments business, then comparing to peers.To contact the author of this story: Tim Culpan at tculpan1@bloomberg.netTo contact the editor responsible for this story: Patrick McDowell at pmcdowell10@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Mastercard Partners Tappy to Enable Payment Via Wearables
    Zacks

    Mastercard Partners Tappy to Enable Payment Via Wearables

    Mastercard (MA) partners with Tappy Technologies to provide payment services via fashion accessories.

  • China mobile payment giants Alipay, WeChat open to international cards
    Reuters

    China mobile payment giants Alipay, WeChat open to international cards

    China mobile payment giants Alipay and WeChat Pay have started allowing overseas users to link their accounts to international bank cards, in a move cheered by foreign payment firms like Visa and Mastercard. Tencent, the parent company of WeChat Pay, said on Wednesday it was opening up in a statement on one of its official websites, while Alibaba-backed Alipay announced the change on its official media service platform.

  • Alipay, WeChat Pay Open Apps to Foreigners Visiting China
    Bloomberg

    Alipay, WeChat Pay Open Apps to Foreigners Visiting China

    (Bloomberg) -- Chinese payments giants Alipay and WeChat Pay, long a source of worry among competitors abroad, plan to open up their platforms to foreigners visiting the mainland as regulators ease restrictions.The apps, which dominate payments across the world’s second-largest economy and have even supplanted cash at some businesses, announced the plans in rapid succession after previously requiring users to have local accounts. Opening up to visitors may give an incremental boost to spending on the platforms -- but for overseas firms, it has big implications, potentially helping pave the way for future adoption abroad.“Although there will be some revenue coming from the foreigners using the card, the more interesting aspect is how seamless the cross-border Alipay and WeChat Pay experience is becoming,” said Zennon Kapron, founder and director of research consultant Kapronasia.Behind the scenes, China’s central bank recently told a number of payments firms they will soon be allowed to plug foreign cards into their apps for use in China, according to two people with knowledge of the situation. Previously, regulatory concerns about money laundering and cross-border cash flows had prevented that from happening. The central bank offered no immediate comment to an inquiry sent by fax.The move will provide relief to some of the more-than 30 million people who visit China annually and sometimes struggle to find alternate payment methods. Alipay and Tencent account for 94% of the country’s mobile-payment market.Already, Alipay and WeChat Pay’s logos are visible in stores and taxis in major cities around the world as the firms focus on helping Chinese travelers there. The expectation across the industry is that the apps will someday use that infrastructure to attract locals in those destinations.To be sure, the ability to work with credit cards is still pending. In its announcement, Ant Financial’s Alipay laid out a system that will work around current restrictions and can start immediately.Alipay said it’s letting travelers use a prepaid card service provided by the Bank of Shanghai. That means customers will have to periodically top off that account, which will be limited in amount.In contrast, Tencent Holdings Ltd.’s WeChat Pay intends to let people more directly connect their existing cards to its app. Visa described that plan in a statement of support early Wednesday in China, saying it will essentially enable its cards to work across China.“This is a great step forward, both for consumers traveling to China and the overall payments industry,” Visa said. “This partnership means that we’ll be working towards an environment where Visa cardholders will be able to use their Visa card in China at the millions of places where WeChat Pay is accepted, instead of having to rely on cash.”The companies didn’t provide a time frame.Tencent, acknowledging that it’s working under guidelines from regulators, said it has been discussing cooperation with U.S. card-network operators Visa, Mastercard, American Express and Discover as well as Japan’s JCB to support the linking of overseas credit cards to Wechat Pay.(Updates with researcher’s comment, regulatory guidance, statistics on market from third paragraph.)To contact Bloomberg News staff for this story: Lucille Liu in Beijing at xliu621@bloomberg.net;Heng Xie in Beijing at hxie34@bloomberg.net;Lulu Yilun Chen in Hong Kong at ychen447@bloomberg.netTo contact the editors responsible for this story: Jun Luo at jluo6@bloomberg.net, David ScheerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • The Zacks Analyst Blog Highlights: Visa, AT&T, Coca-Cola, salesforce.com and Lowe's
    Zacks

    The Zacks Analyst Blog Highlights: Visa, AT&T, Coca-Cola, salesforce.com and Lowe's

    The Zacks Analyst Blog Highlights: Visa, AT&T, Coca-Cola, salesforce.com and Lowe's

  • Time to Buy Facebook (FB) Stock After Earnings Despite Political Worries?
    Zacks

    Time to Buy Facebook (FB) Stock After Earnings Despite Political Worries?

    Facebook (FB) shares have jumped 11% in the past month and the social company recently topped quarterly estimates amid ongoing political scrutiny. The question is should investors buy Facebook stock right now?

  • Global Payments (GPN) Beats on Q3 Earnings, Ups 2019 View
    Zacks

    Global Payments (GPN) Beats on Q3 Earnings, Ups 2019 View

    Global Payments (GPN) Q3 results reflect increase in revenues on growth across all segments, partly offset by rise in expenses.

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