In today’s recent session, 2.16 million shares of the Visa Inc (NYSE:V) have been traded, and its beta is 0.96. Most recently the company’s share price was $291.41, and it changed around $9.53 or 3.38% from the last close, which brings the market valuation of the company to $575.80B. V at last check was trading at a discount to its 52-week high of $293.07, offering almost -0.57% off that amount. The share price’s 52-week low was $230.03, which indicates that the recent value has risen by an impressive 21.06% since then. We note from Visa Inc’s average daily trading volume that its 10-day average is 6.19 million shares, with the 3-month average coming to 7.41 million.

Visa Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.61. If we narrow it down even further, the data shows that 0 out of 39 analysts rate the stock as a Sell; another 13 rate it as Overweight. Among the rest, 4 recommended V as a Hold, whereas 22 deemed it a Buy, and 0 rated it as Underweight. Visa Inc is expected to report earnings per share of 2.69 for the current quarter.

Visa Inc (NYSE:V) trade information

Instantly V has been showing a green trend so far today with a performance of 3.38% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 295.78 on recent trading dayincreased the stock’s daily price by 1.48%. The company’s shares are currently up 11.93% year-to-date, but still up 2.70% over the last five days. On the other hand, Visa Inc (NYSE:V) is 4.97% up in the 30-day period. We can see from the shorts that 22.09 million shares have been sold at a short interest cover period of 3.1 day(s).

The consensus price target as assigned by Wall Street analysts is $300, which translates to bulls needing to increase their stock price by 2.86% from its current value. Analyst projections state that V is forecast to be at a low of $220 and a high of $340.

Visa Inc (V) estimates and forecasts

Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 11.60% in revenue this quarter, and will report an increase of 6.40% in the next quarter. The year-over-year growth rate is expected to be 9.70%, up from the previous year.

Consensus estimates provided by 23 financial analysts predict the company will bring in an average of 9.48B in revenue for the current quarter. 23 analysts expect Visa Inc to make 9.63B in revenue for the current ending quarter.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 13.80%. Visa Inc earnings are expected to increase by 10.91% in 2024, but the outlook is positive 12.70% per year for the next five years.

V Dividends

Visa Inc’s next quarterly earnings report is expected to be released on 2025-Jan-23. The annual dividend yield of the stock is 0.71 percent and its annual dividend per share was 2.08. It is important to note, however, that the 0.71% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 0.66 per year.

Visa Inc (NYSE:V)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 0.60% of Visa Inc shares, and 93.03% of them are in the hands of institutional investors. The stock currently has a share float of 93.59%. Visa Inc stock is held by 5048.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 7.2707% of the shares, which is about 143.08 million shares worth $37.56 billion.

BLACKROCK INC., with 6.4815% or 127.55 million shares worth $33.48 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.