Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) is projected to announce its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.05 per share and revenue of $82,895.50 billion for the quarter.
Bassett Furniture Industries Stock Performance
Shares of Bassett Furniture Industries stock traded up $0.47 during trading on Thursday, hitting $14.37. 14,726 shares of the stock traded hands, compared to its average volume of 9,703. The stock has a market cap of $126.47 million, a P/E ratio of -7.37, a PEG ratio of 1.08 and a beta of 1.69. The company has a fifty day moving average price of $14.39 and a two-hundred day moving average price of $14.00. Bassett Furniture Industries has a twelve month low of $12.10 and a twelve month high of $16.50.
Bassett Furniture Industries Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.57%. Bassett Furniture Industries's dividend payout ratio (DPR) is presently -41.03%.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded shares of Bassett Furniture Industries from a "buy" rating to a "hold" rating in a report on Friday, December 20th.
Read Our Latest Report on BSET
Bassett Furniture Industries Company Profile
(
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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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