Bassett Furniture Industries, Incorporated (NASDAQ:BSET - Free Report) - Analysts at Sidoti Csr reduced their Q1 2025 EPS estimates for shares of Bassett Furniture Industries in a research note issued to investors on Thursday, January 2nd. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $0.03 per share for the quarter, down from their prior forecast of $0.05. The consensus estimate for Bassett Furniture Industries' current full-year earnings is ($0.77) per share. Sidoti Csr also issued estimates for Bassett Furniture Industries' Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.33 EPS, Q1 2026 earnings at $0.11 EPS, Q2 2026 earnings at $0.27 EPS, Q3 2026 earnings at $0.42 EPS and Q4 2026 earnings at $0.56 EPS.
Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) last issued its quarterly earnings data on Wednesday, October 9th. The company reported ($0.52) earnings per share for the quarter, missing analysts' consensus estimates of ($0.34) by ($0.18). Bassett Furniture Industries had a negative net margin of 5.00% and a negative return on equity of 3.47%. The business had revenue of $75.62 million for the quarter, compared to analyst estimates of $78.63 million. During the same quarter last year, the business earned ($0.30) EPS.
Separately, StockNews.com lowered shares of Bassett Furniture Industries from a "buy" rating to a "hold" rating in a report on Friday, December 20th.
Read Our Latest Research Report on Bassett Furniture Industries
Bassett Furniture Industries Price Performance
Shares of NASDAQ:BSET traded down $0.04 during midday trading on Friday, reaching $13.96. The company had a trading volume of 3,478 shares, compared to its average volume of 9,439. The stock has a market capitalization of $122.86 million, a P/E ratio of -7.16, a PEG ratio of 1.07 and a beta of 1.69. The stock's fifty day moving average price is $14.50 and its 200-day moving average price is $14.01. Bassett Furniture Industries has a one year low of $12.10 and a one year high of $16.50.
Bassett Furniture Industries Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date of this dividend was Friday, November 15th. Bassett Furniture Industries's dividend payout ratio is presently -41.03%.
Institutional Investors Weigh In On Bassett Furniture Industries
A number of institutional investors have recently made changes to their positions in BSET. Barclays PLC boosted its holdings in Bassett Furniture Industries by 51.9% in the third quarter. Barclays PLC now owns 10,124 shares of the company's stock worth $146,000 after purchasing an additional 3,459 shares during the period. Empowered Funds LLC lifted its position in shares of Bassett Furniture Industries by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 25,419 shares of the company's stock worth $367,000 after buying an additional 1,206 shares during the last quarter. Finally, Inspire Advisors LLC boosted its holdings in shares of Bassett Furniture Industries by 119.5% in the 2nd quarter. Inspire Advisors LLC now owns 26,055 shares of the company's stock valued at $370,000 after buying an additional 14,183 shares during the period. 54.40% of the stock is currently owned by institutional investors.
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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