Profile
Sector:
Consumer DefensiveIndustry:
TobaccoCountry:
United KingdomIPO:
14 April 1980Website:
http://www.bat.comNext earnings report:
07 February 2025Last dividends:
27 September 2024Next dividends:
20 December 2024Price
after hours | 10 min agoAnalysts recommendations
Institutional Ownership
BTI Latest News
Tobacco industry leaders like PM, MO and BTI are investing heavily in smoke-free products to align with health trends and regulatory shifts. Despite declining cigarette sales, strong pricing power and RRP growth support a sustainable outlook.
Recent developments, especially the updates provided on BTI's recent Capital Market Day, have led us to reexamine the stock. Despite progress in new categories, rapid decline in combustibles and slow growth in new products raise concerns about future profit stagnation. Despite a low FWD P/E of 7.5x, we consider the stock fairly priced given the gloomy growth potential.
With a huge 8.4% dividend yield, British American Tobacco throws off a lot of passive income, but there are risks to consider.
British American Tobacco showed promising new innovations in all three NGP categories on its recent Capital Markets Day. The two-piece Glo Hilo device seems to improve on current consumers' pain points and may be able to compete more effectively against IQOS. The nicotine industry is growing and BTI should be able to grow profits despite trading at a low valuation of less than 8x free cash flow.
Investors are paying too much attention to the rhetoric and not enough attention to actual results.
British American Tobacco has a huge 8.6% yield, which is a pretty enticing figure if you are trying to live off of dividends in retirement.
BTI is expanding in the new categories segment, with a YoY organic sales growth of 7.4% in H1 2024. Regulatory enforcement against illegal vape imports in the US supports BTI's market position. BTI's Vuse holds a 42.1% share in the US e-cigarette market. The company can largely benefit from the growth expected in this market.
The stock market is trading near record highs after a 22% rally that has many investors worried about an imminent correction. Goldman Sachs just predicted a lost decade for stocks, but the market is always and forever a market of stocks, not a stock market. Value stocks soared in the lost decade of the 2000s. Here are five low-volatility dividend aristocrats that will help you sleep well at night in future market corrections.
How does a fat 8.6% dividend yield sound?
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What type of business is British American Tobacco?
British American Tobacco p.l.c. is the largest tobacco company, selling its products to millions of consumers worldwide in over 20 countries on 6 continents. Founded in 1902, it is headquartered in London, United Kingdom. The strategic portfolio of the most well-known and best-selling brands worldwide, which account for over 60% of the company's revenue, includes tobacco products such as Dunhill, Kent, Lucky Strike, Pall Mall, CAMEL, and Rothmans. In addition to the brands in the strategic portfolio, international and local cigarette brands popular worldwide include Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, among others. Apart from traditional products, BAT also has innovative categories of tobacco products with potentially lower health risks, such as Vype, Vuse, Epok, LYFT, mocca, KODIAK, and glo (tobacco heating devices).
What sector is British American Tobacco in?
British American Tobacco is in the Consumer Defensive sector
What industry is British American Tobacco in?
British American Tobacco is in the Tobacco industry
What country is British American Tobacco from?
British American Tobacco is headquartered in United Kingdom
When did British American Tobacco go public?
British American Tobacco initial public offering (IPO) was on 14 April 1980
What is British American Tobacco website?
https://www.bat.com
Is British American Tobacco in the S&P 500?
No, British American Tobacco is not included in the S&P 500 index
Is British American Tobacco in the NASDAQ 100?
No, British American Tobacco is not included in the NASDAQ 100 index
Is British American Tobacco in the Dow Jones?
No, British American Tobacco is not included in the Dow Jones index
When was British American Tobacco the previous earnings report?
No data
When does British American Tobacco earnings report?
The next expected earnings date for British American Tobacco is 07 February 2025