British American Tobacco (NYSE:BTI) Releases FY 2026 Earnings Guidance

British American Tobacco (NYSE:BTI) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 4.725-4.725 for the period, compared to the consensus EPS estimate of 4.810. The company issued revenue guidance of $33.7 billion-$33.7 billion, compared to the consensus revenue estimate of $35.0 billion.

British American Tobacco Price Performance

NYSE:BTI traded down $1.39 during mid-day trading on Thursday, hitting $61.68. The stock had a trading volume of 5,063,794 shares, compared to its average volume of 4,543,832. British American Tobacco has a twelve month low of $49.88 and a twelve month high of $67.30. The company has a current ratio of 0.87, a quick ratio of 0.57 and a debt-to-equity ratio of 0.66. The company’s 50 day simple moving average is $61.36 and its 200 day simple moving average is $60.19.

British American Tobacco (NYSE:BTI) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $1.11 earnings per share for the quarter, missing analysts’ consensus estimates of $2.21 by ($1.10). The business had revenue of $8.10 billion during the quarter, compared to analysts’ expectations of $16.42 billion. As a group, equities analysts forecast that British American Tobacco will post 4.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

BTI has been the topic of a number of recent analyst reports. BTIG Research initiated coverage on British American Tobacco in a report on Tuesday, July 21st. They set a “buy” rating on the stock. Wall Street Zen downgraded shares of British American Tobacco from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Citigroup reissued a “buy” rating on shares of British American Tobacco in a research report on Thursday, May 14th. Weiss Ratings raised shares of British American Tobacco from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday, June 3rd. Finally, Morgan Stanley reiterated an “overweight” rating on shares of British American Tobacco in a research note on Monday, June 8th. Seven investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $51.00.

Institutional Investors Weigh In On British American Tobacco

Hedge funds and other institutional investors have recently modified their holdings of the company. Orbis Allan Gray Ltd grew its stake in shares of British American Tobacco by 20.7% in the second quarter. Orbis Allan Gray Ltd now owns 14,503,968 shares of the company’s stock valued at $686,473,000 after acquiring an additional 2,482,737 shares in the last quarter. Bank of America Corp DE boosted its holdings in British American Tobacco by 29.5% in the 3rd quarter. Bank of America Corp DE now owns 6,934,792 shares of the company’s stock valued at $368,099,000 after purchasing an additional 1,578,860 shares during the period. Wells Fargo & Company MN grew its position in shares of British American Tobacco by 7.1% during the 4th quarter. Wells Fargo & Company MN now owns 3,847,891 shares of the company’s stock worth $217,868,000 after purchasing an additional 256,554 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of British American Tobacco by 3.7% during the 4th quarter. Raymond James Financial Inc. now owns 2,957,745 shares of the company’s stock worth $167,467,000 after purchasing an additional 104,965 shares in the last quarter. Finally, Maple Rock Capital Partners Inc. increased its holdings in shares of British American Tobacco by 41.5% during the fourth quarter. Maple Rock Capital Partners Inc. now owns 1,655,300 shares of the company’s stock worth $93,723,000 after purchasing an additional 485,500 shares during the period. Institutional investors and hedge funds own 16.16% of the company’s stock.

British American Tobacco Company Profile

British American Tobacco plc (BTI) is a multinational tobacco manufacturer and nicotine products company headquartered in London. Founded in 1902 as a joint venture to commercialize tobacco products outside the United States, the company has grown into one of the world’s largest tobacco firms with a long history in manufacturing and global distribution of combustible tobacco products.

BAT’s core business remains the manufacture and sale of cigarettes and other tobacco products under a portfolio of well-known consumer brands, including Dunhill, Lucky Strike, Pall Mall, Kent and Rothmans.