Brokers Offer Predictions for BSET Q1 Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET - Free Report) - Equities research analysts at Sidoti Csr issued their Q1 2026 earnings per share (EPS) estimates for Bassett Furniture Industries in a research report issued to clients and investors on Thursday, November 21st. Sidoti Csr analyst A. Lebiedzinski forecasts that the company will earn $0.13 per share for the quarter. 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 2026 earnings at $0.29 EPS and Q3 2026 earnings at $0.40 EPS.

Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) last issued its earnings results on Wednesday, October 9th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $75.62 million during the quarter, compared to analysts' expectations of $78.63 million. During the same quarter in the previous year, the company earned ($0.30) earnings per share.

Separately, StockNews.com downgraded shares of Bassett Furniture Industries from a "buy" rating to a "hold" rating in a report on Tuesday, November 5th.

Bassett Furniture Industries Price Performance

Shares of BSET traded up $0.55 during mid-day trading on Friday, reaching $14.94. The stock had a trading volume of 12,710 shares, compared to its average volume of 17,728. The business's fifty day moving average is $14.46 and its 200 day moving average is $13.99. Bassett Furniture Industries has a 52-week low of $12.10 and a 52-week high of $17.89. The firm has a market cap of $131.49 million, a price-to-earnings ratio of -7.38 and a beta of 1.68.

Bassett Furniture Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.35%. The ex-dividend date of this dividend is Friday, November 15th. Bassett Furniture Industries's payout ratio is -41.03%.

Hedge Funds Weigh In On Bassett Furniture Industries

Several large investors have recently made changes to their positions in the stock. Inspire Advisors LLC boosted its holdings in Bassett Furniture Industries by 119.5% during the 2nd quarter. Inspire Advisors LLC now owns 26,055 shares of the company's stock valued at $370,000 after acquiring an additional 14,183 shares during the period. Barclays PLC boosted its stake in shares of Bassett Furniture Industries by 51.9% in the third quarter. Barclays PLC now owns 10,124 shares of the company's stock valued at $146,000 after purchasing an additional 3,459 shares during the period. Finally, Empowered Funds LLC grew its holdings in shares of Bassett Furniture Industries by 5.0% in the third quarter. Empowered Funds LLC now owns 25,419 shares of the company's stock valued at $367,000 after purchasing an additional 1,206 shares in the last quarter. 54.40% of the stock is currently owned by institutional investors and hedge funds.

Bassett Furniture Industries Company Profile

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.