Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) is expected to be announcing its earnings results after the market closes on Wednesday, April 2nd. Analysts expect the company to announce earnings of $0.02 per share and revenue of $79.71 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.
Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.33. Bassett Furniture Industries had a negative net margin of 2.94% and a negative return on equity of 2.44%. On average, analysts expect Bassett Furniture Industries to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Bassett Furniture Industries Price Performance
Shares of NASDAQ:BSET traded down $0.04 during trading on Friday, reaching $15.71. The stock had a trading volume of 20,455 shares, compared to its average volume of 17,149. The business's 50-day moving average price is $15.04 and its 200 day moving average price is $14.59. The stock has a market capitalization of $138.06 million, a PE ratio of -14.28, a P/E/G ratio of 1.29 and a beta of 1.62. Bassett Furniture Industries has a 52 week low of $12.11 and a 52 week high of $16.20.
Bassett Furniture Industries Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.09%. Bassett Furniture Industries's payout ratio is -72.73%.
Analysts Set New Price Targets
Separately, StockNews.com raised Bassett Furniture Industries from a "hold" rating to a "buy" rating in a report on Friday, January 31st.
Check Out Our Latest Analysis on BSET
Bassett Furniture Industries Company Profile
(
Get Free Report)
Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers.
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