Q1 Earnings Estimate for BSET Issued By Sidoti Csr

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Sidoti Csr issued their Q1 2027 earnings per share (EPS) estimates for shares of Bassett Furniture Industries in a report issued on Friday, January 23rd. Sidoti Csr analyst A. Lebiedzinski expects that the company will post earnings of $0.25 per share for the quarter. The consensus estimate for Bassett Furniture Industries’ current full-year earnings is $0.75 per share. Sidoti Csr also issued estimates for Bassett Furniture Industries’ Q2 2027 earnings at $0.45 EPS, Q3 2027 earnings at $0.24 EPS and Q4 2027 earnings at $0.65 EPS.

Other equities research analysts have also issued research reports about the stock. Zacks Research raised shares of Bassett Furniture Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Wall Street Zen upgraded shares of Bassett Furniture Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 15th. Sidoti upgraded Bassett Furniture Industries to a “strong-buy” rating in a report on Thursday, October 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Bassett Furniture Industries in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Bassett Furniture Industries has a consensus rating of “Moderate Buy”.

Bassett Furniture Industries Price Performance

NASDAQ BSET opened at $15.84 on Monday. The stock’s 50 day simple moving average is $16.31 and its 200-day simple moving average is $16.25. Bassett Furniture Industries has a 1-year low of $13.62 and a 1-year high of $19.75. The company has a market cap of $137.65 million, a PE ratio of 17.60, a price-to-earnings-growth ratio of 0.91 and a beta of 0.99.

Bassett Furniture Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.80 annualized dividend and a yield of 5.1%. Bassett Furniture Industries’s dividend payout ratio is presently 88.89%.

Institutional Trading of Bassett Furniture Industries

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Atlantic Union Bankshares Corp acquired a new position in Bassett Furniture Industries during the 3rd quarter worth approximately $29,000. Group One Trading LLC acquired a new stake in shares of Bassett Furniture Industries during the 2nd quarter worth about $30,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in shares of Bassett Furniture Industries during the 2nd quarter worth about $68,000. JPMorgan Chase & Co. purchased a new stake in Bassett Furniture Industries during the second quarter worth approximately $83,000. Finally, New York State Common Retirement Fund acquired a new position in Bassett Furniture Industries in the second quarter valued at approximately $106,000. 54.40% of the stock is currently owned by hedge funds and other institutional investors.

About Bassett Furniture Industries

Bassett Furniture Industries, Inc (NASDAQ: BSET), headquartered in Bassett, Virginia, is a vertically integrated manufacturer and retailer of residential home furnishings. The company designs, produces and markets a range of furniture items, including upholstered seating, wood case goods, bedroom collections, dining room sets and home décor accessories. Bassett is known for its emphasis on craftsmanship, offering both ready-to-assemble pieces and made-to-order products that cater to varying design preferences and space requirements.

Bassett’s products are sold through a dual-channel distribution network comprising company-owned Bassett Home Furnishings stores, a franchise and independent dealer network, and an e-commerce platform that provides online shopping, virtual design consultations and customization tools.