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

British American Tobacco (NYSE:BTI) updated its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 4.725-4.725 for the period, compared to the consensus earnings per share 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.

Wall Street Analysts Forecast Growth

BTI has been the subject of several research reports. Wall Street Zen lowered shares of British American Tobacco from a “buy” rating to a “hold” rating in a research report on Saturday, June 13th. BTIG Research began coverage on shares of British American Tobacco in a research report on Tuesday, July 21st. They issued a “buy” rating on the stock. Morgan Stanley reiterated an “overweight” rating on shares of British American Tobacco in a research note on Monday, June 8th. Citigroup reissued a “buy” rating on shares of British American Tobacco in a research report on Thursday, May 14th. Finally, Weiss Ratings upgraded shares of British American Tobacco from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, June 3rd. Seven research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, British American Tobacco currently has a consensus rating of “Moderate Buy” and a consensus target price of $51.00.

British American Tobacco Stock Performance

Shares of NYSE:BTI opened at $63.07 on Thursday. The company has a 50 day moving average of $61.36 and a 200 day moving average of $60.19. The company has a quick ratio of 0.57, a current ratio of 0.87 and a debt-to-equity ratio of 0.66. British American Tobacco has a 12 month low of $49.88 and a 12 month high of $67.30.

British American Tobacco (NYSE:BTI) last posted its earnings results on Wednesday, July 29th. The company reported $1.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.21 by ($1.10). The business had revenue of $8.10 billion for the quarter, compared to analyst estimates of $16.42 billion. On average, sell-side analysts expect that British American Tobacco will post 4.81 EPS for the current fiscal year.

Institutional Investors Weigh In On British American Tobacco

Several large investors have recently added to or reduced their stakes in the business. Orbis Allan Gray Ltd increased its position 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 worth $686,473,000 after purchasing an additional 2,482,737 shares during the last quarter. Bank of America Corp DE raised its position in shares of British American Tobacco by 29.5% during 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 buying an additional 1,578,860 shares in the last quarter. Wells Fargo & Company MN lifted its holdings 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 acquiring an additional 256,554 shares during the last quarter. Raymond James Financial Inc. grew its position in British American Tobacco by 3.7% in the fourth quarter. Raymond James Financial Inc. now owns 2,957,745 shares of the company’s stock worth $167,467,000 after acquiring an additional 104,965 shares in the last quarter. Finally, Maple Rock Capital Partners Inc. grew its position in British American Tobacco by 41.5% in the fourth quarter. Maple Rock Capital Partners Inc. now owns 1,655,300 shares of the company’s stock worth $93,723,000 after acquiring an additional 485,500 shares in the last quarter. Institutional investors own 16.16% of the company’s stock.

About British American Tobacco

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.