BTI - British American Tobacco p.l.c.

NYSE - NYSE Delayed Price. Currency in USD
36.84
-0.46 (-1.23%)
At close: 4:01PM EST
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Previous Close37.30
Open36.60
Bid36.83 x 1000
Ask37.45 x 1300
Day's Range36.41 - 36.87
52 Week Range30.67 - 42.59
Volume1,494,786
Avg. Volume1,555,787
Market Cap84.441B
Beta (3Y Monthly)0.61
PE Ratio (TTM)1.66
EPS (TTM)22.16
Earnings DateN/A
Forward Dividend & Yield2.70 (7.23%)
Ex-Dividend Date2019-12-26
1y Target Est45.04
  • Has British American Tobacco p.l.c. (BTI) Outpaced Other Consumer Staples Stocks This Year?
    Zacks

    Has British American Tobacco p.l.c. (BTI) Outpaced Other Consumer Staples Stocks This Year?

    Is (BTI) Outperforming Other Consumer Staples Stocks This Year?

  • Should Value Investors Buy British American Tobacco (BTI) Stock?
    Zacks

    Should Value Investors Buy British American Tobacco (BTI) Stock?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

  • UPDATE 2-Trump to meet with vaping industry as he mulls tighter regulation
    Reuters

    UPDATE 2-Trump to meet with vaping industry as he mulls tighter regulation

    U.S. President Donald Trump said on Monday he will be meeting with vaping industry representatives as his administration considers tightening e-cigarette regulations amid a nationwide outbreak of vaping-related injuries and deaths. "Will be meeting with representatives of the Vaping industry, together with medical professionals and individual state representatives, to come up with an acceptable solution to the Vaping and E-cigarette dilemma. Trump did not give a time for the meeting or offer any other details.

  • How Much Money Do You Need To Start Investing In Stocks?
    Investor's Business Daily

    How Much Money Do You Need To Start Investing In Stocks?

    Contrary to conventional wisdom, you don't need a hefty trust fund or deep pockets like mutual funds and other institutional players to start investing.

  • Philip Morris Trims View on Berlin Plant Closure Charges
    Zacks

    Philip Morris Trims View on Berlin Plant Closure Charges

    Charges of almost $355 million related to the closure of Berlin plant compel Philip Morris (PM) to trim 2019 earnings view. It now expects earnings of $4.53.

  • Will Pricing be an Upside for Altria (MO) in Q3 Earnings?
    Zacks

    Will Pricing be an Upside for Altria (MO) in Q3 Earnings?

    Gains from pricing and savings efforts are likely to be reflected on Altria's (MO) Q3 results. However, receding cigarette sales volumes are a concern.

  • 6 High-Yielding Dividend Stocks
    GuruFocus.com

    6 High-Yielding Dividend Stocks

    British American Tobacco makes the list Continue reading...

  • Expert witnesses in Big Tobacco cases explain why Juul doesn’t have a ‘get out of jail free card’
    Yahoo Finance

    Expert witnesses in Big Tobacco cases explain why Juul doesn’t have a ‘get out of jail free card’

    As federal and state-level investigations into vaping companies like Juul pile up, experts who testified in Big Tobacco cases say a similar storm is brewing.

  • Moody's

    Reynolds American Inc. -- Moody's announces completion of a periodic review of ratings of British American Tobacco p.l.c.

    Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of British American Tobacco p.l.c. London, 21 October 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of British American Tobacco p.l.c. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

  • 8 Lowest Tar and Nicotine Cigarette Brands in 2019
    Insider Monkey

    8 Lowest Tar and Nicotine Cigarette Brands in 2019

    For those looking for a milder taste and lighter effect of a cigarette, we prepared a list of lowest tar and nicotine cigarette brands in 2019. Let’s start off with some crude facts. A cigarette consists of around 600 ingredients, which contain more than 7000 chemicals, of which 4,000 to 5,000 are harmful. Tar and nicotine are only two […]

  • Reuters

    UPDATE 2-Reynolds American files for FDA review of e-cigarette

    British American Tobacco Plc unit Reynolds American Inc said on Friday it had filed for a review of its Vuse e-cigarettes by the U.S. Food and Drug administration, giving it a lead over its main rival Juul Labs Inc. The FDA has set a May 2020 deadline for e-cigarette makers to submit a formal application to keep their products on the market amid its efforts to curb the use of e-cigarette among teens.

  • Will Cigarette Woes Hurt Philip Morris (PM) in Q3 Earnings?
    Zacks

    Will Cigarette Woes Hurt Philip Morris (PM) in Q3 Earnings?

    Philip Morris' (PM) Q3 performance to gain from pricing and IQOS expansion. However, low cigarette sales volumes are a worry.

  • Hedge Funds Are Dumping British American Tobacco plc  (BTI)
    Insider Monkey

    Hedge Funds Are Dumping British American Tobacco plc (BTI)

    At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of June 28. In this […]

  • Taking the Tobacco Out of Imperial Didn’t Fix Its Problems
    Bloomberg

    Taking the Tobacco Out of Imperial Didn’t Fix Its Problems

    (Bloomberg Opinion) -- Imperial Brands Plc’s Alison Cooper is stepping down in a cloud of raspberry scented smoke.The timing isn’t surprising. It comes exactly a week after the British-based maker of Davidoff cigarettes and the Blu electronic device, lowered expectations for sales and profits after taking a hit in the U.S. vaping market. The warning brought to a head discussions about the company’s future leadership as the board conducts its search for a successor to Chairman Mark Williamson.Change is clearly needed. The shares of the smallest of the world’s major tobacco companies are roughly back where they were at the start of Cooper’s 9-year watch, having lost more than half of their value since a 2016 peak.Her successor faces a tall order. The new CEO will have to figure out how to make Imperial a strong force in tobacco alternatives. It currently ranks fourth in electronic smoking devices by units sold on a four-week basis. But in the heat-not-burn segment, its Pulze product is a relative newcomer in the Japanese market, where the products have taken hold more quickly than elsewhere. It’s important to have a clear strategy in each segment since no one really knows exactly where the market’s headed.Finding the right path forward won’t be easy, given the crisis engulfing vaping in the U.S., which has prompted efforts by President Donald Trump to ban flavored products and nicotine pads while some retailers including Walmart Inc. have stopped selling e-cigarettes.They must find a way through this. One option would be developing a boarder suite of tobacco alternatives alongside Imperial’s Blu vaping device. Stepping up development in heat-not-burn segment would also be wise.Rival British American Tobacco Plc has hedged its bets, with a presence in both vaping and the heat-not-burn segment. This is a model that Imperial should follow. But this would likely mean more investment.Duncan Fox, an analyst at Bloomberg Intelligence, says Imperial can afford to spend more. First of all, it’s core business of traditional cigarettes ­ — including local brands such as Winston in the U.S. — is cash generative. Plus, its 2 billion-pound ($2.5 billion) asset disposal program and decision to abandon its policy to increase its dividend by 10% annually should give it scope to act.The new chairman must also address corporate governance issues. Bloomberg News reported that investors and analysts had voiced concerns about Imperial’s earnings calculations and strategy.Imperial has long been seen as a takeover target, but it is now particularly vulnerable given the share price weakness and that industry consolidation is back on the agenda, even after Altria Group Inc. and Philip Morris International Inc. called off their merger talks.Japan Tobacco Inc. is often mooted as the likely predator, although it would have to find a way to deal with competition constraints.If the new chairman and chief executive don’t raise their game on alternatives, then someone else might light up even more radical change for them.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Reuters

    UPDATE 1-U.S. House panel asks e-cigarette companies to cease advertising

    A U.S. House panel sent letters to four e-cigarette companies asking them to stop all print, broadcast and digital advertising of their products in the United States, the same day as market-leader Juul said it would pull its ads, the panel said on Thursday. "I am writing today to respectfully, but strongly, request your company to do the same," Representative Raja Krishnamoorthi, chairman of the House Oversight subcommittee on economic and consumer policy, wrote on Wednesday to Fontem Ventures, Japan Tobacco International Inc, Reynolds American Inc and NJOY LLC. The panel's request comes amid an outbreak of vaping related illnesses.

  • Tobacco Stocks in Play After Abandoned Merger
    Investopedia

    Tobacco Stocks in Play After Abandoned Merger

    Here's why the blockbuster merger between Altria and Philip Morris fell through. Play a relief rally using these trading tactics.

  • JUUL Spent Millions As E-Cigarette Lobbying Fired Up This Year
    Investopedia

    JUUL Spent Millions As E-Cigarette Lobbying Fired Up This Year

    Juul Labs Inc. just announced it will refrain from lobbying against a ban on flavored e-cigarettes. The company spent nearly $2 million on lobbying government in the first half of 2019.

  • Vaping Crisis Claims Its First British Victim
    Bloomberg

    Vaping Crisis Claims Its First British Victim

    (Bloomberg Opinion) -- The crisis engulfing the American vaping industry has claimed its first European victim. Imperial Brands Plc, the British-based maker of Winston cigarettes in the U.S. and the Blu electronic device, cut its sales and profit guidance on Thursday, a day after Altria Group Inc. and Philip Morris International Inc. called off their merger talks amid increasing Washington scrutiny of illnesses associated with the smoking alternative.Imperial in part blamed a slowdown in U.S. demand for electronic cigarettes for its expectation of flat earnings in the year to Sept. 30. It had anticipated expansion of between 4% and 8%. Revenue will expand by 2%, at the low end of its 1% to 4% range. The shares fell as much as 11%.Some American retailers, including Walmart Inc. have stopped selling e-cigarettes, while President Donald Trump is moving to ban flavored products and nicotine pods. All of this came together to weigh on Imperial’s sales in the final quarter, when it was also running a big marketing campaign for its Blu device.So far the problems haven’t spread to Europe or Japan (the most developed market for devices that heat rather than burn tobacco). Imperial expects sales of its new generation products to increase by 50% this year. That may look eye-watering but it’s below previous expectations. This is a worry for all of Big Tobacco, which is investing billions of pounds in innovative new products. Philip Morris has developed the iQos “heat not burn” device, while British American Tobacco Plc has a suite of alternatives.The idea is that manufacturers use the cash flows from their traditional cigarettes business to develop products they describe as lower risk. As smoking rates decline, these devices are meant to pick up the slack among consumers. The transition hasn’t been smooth. Growth slowed in Japan last year, where older people proved more reluctant to follow tech-savvy early adopters of alternatives.The scrutiny in the U.S. is clearly a serious problem for this potentially huge, but nascent market. Yet there’s an irony too: The crackdown on vaping might drive some of the adults who’ve switched to vapes back to cigarettes.Although gross profit margins on alternatives are approaching those of cigarettes, according to Duncan Fox, an analyst at Bloomberg Intelligence, the traditional product remains the driver of profit and cash flow for the industry. A slower decline in the numbers of traditional tobacco smokers would be terrible for public health, but it might end up easing some of the financial pressure on Big Tobacco, at least in the short term. While the industry has always been a big dividend payer, there have been increasing doubts about whether this is sustainable.Greater regulation of alternatives could also play to the big companies’ advantage. Most — though not all — of the individuals who’ve fallen ill used black-market vaping pods. A tightening of the rules could favor the devices made by large manufacturers, which have decades of experience lobbying lawmakers. These companies have deep pockets for research and development too.Nevertheless, unless the industry can develop alternatives that are genuinely less harmful, the outlook for what was Big Tobacco’s last great hope looks bleak. Expect more vaping dreams to go up in smoke.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Reuters

    UPDATE 2-European shares finish at 2-week low but shave losses on Trump's China trade comments

    European shares closed at a two-week low on Wednesday on investor fears about an impeachment inquiry into U.S. President Donald Trump and worsening rhetoric on U.S.-China trade, but shares did shave losses in late trade when Trump said a trade deal with China could happen sooner than expected. London stocks cut almost all of their losses and ended steady, boosted by a 1% slide in the pound and a rally in tobacco companies.

  • Morningstar

    Big Value in Big Tobacco

    The only surprise about President Donald Trump's proposal to ban non-tobacco-flavored vaping liquids is that it took so long. After recent reports of breathing problems among several hundred vaping consumers in the United States, the Trump administration will seek to ban the sale of non-tobacco-flavored liquids, bringing forward a Food and Drug Administration proposal to review the category in 2022.

  • Yahoo Finance Video

    Trump to meet with vaping industry officials

    Pro-vaping groups rallied in Washington about access to the product and pressuring the government to discuss new, next steps. American Vaping Association President Greg Conley joins Yahoo Finance’s Adam Shapiro, Julie Hyman, Brian Sozzi and Emily McCormick to discuss the movement on On The Move.

  • New bill would cap nicotine level in e-cigarettes
    Yahoo Finance Video

    New bill would cap nicotine level in e-cigarettes

    Democratic Congressman Raja Krishnamoorthi (D-IL) is introducing a bill that would cap the amount of nicotine in e-cigarettes. This comes as NYU researchers published a study that links e-cigarettes to increased rates of cancer in mice. Yahoo Finance's Jessica Smith, Zack Guzman & Heidi Chung, along with Vivino Founder Heini Zachariassen discuss.

  • New bill aims to cap nicotine levels in e-cigs
    Yahoo Finance Video

    New bill aims to cap nicotine levels in e-cigs

    Legislators in Washington are proposing new legislation that would cap the nicotine levels in e-cigarettes. The bill comes after a wave of vaping-related illnesses and deaths, which has prompted stores to remove vapes and e-cigarettes from their shelves.

  • Can e-cigs cause cancer in mice? A new study has results
    Yahoo Finance Video

    Can e-cigs cause cancer in mice? A new study has results

    New research from New York University finds mice exposed to e-cigarette vapor causes lung cancer in these mice. The study is significant in that it's the first to definitively link vaping nicotine to cancer. It was funded by the National Institutes of Health. Yahoo Finance's Jen Rodgers and Andy Serwer discuss.

  • Juul should be 'ashamed' of role in vaping epidemic, congresswoman says
    Yahoo Finance Video

    Juul should be 'ashamed' of role in vaping epidemic, congresswoman says

    Energy and Commerce Chairman Frank Pallone, Jr. (D-NJ) and Rep. Donna Shalala (D-FL) have introduced comprehensive legislation to address the rise in tobacco and e-cigarette usage among young people. Shalala joins Yahoo Finance to discuss the bill, why vaping has become a nonpartisan issue, and how Juul and other vaping companies should be "ashamed" of the role they've played in the epidemic.