What is Sidoti Csr’s Estimate for BSET Q2 Earnings?

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Equities researchers at Sidoti Csr reduced their Q2 2026 earnings per share (EPS) estimates for shares of Bassett Furniture Industries in a note issued to investors on Friday, February 6th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will earn $0.35 per share for the quarter, down from their prior estimate of $0.37. 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’ Q3 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.44 EPS and FY2026 earnings at $1.10 EPS.

Bassett Furniture Industries (NASDAQ:BSET) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.07). Bassett Furniture Industries had a return on equity of 3.91% and a net margin of 1.82%.The company had revenue of $88.67 million for the quarter, compared to the consensus estimate of $86.90 million.

Several other brokerages have also commented on BSET. Wall Street Zen lowered shares of Bassett Furniture Industries from a “buy” rating to a “hold” rating in a research note on Saturday. Weiss Ratings restated a “hold (c)” rating on shares of Bassett Furniture Industries in a research report on Wednesday, January 21st. Finally, Zacks Research upgraded Bassett Furniture Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 30th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Bassett Furniture Industries Stock Down 0.9%

Shares of NASDAQ:BSET opened at $15.76 on Monday. The company’s 50-day moving average price is $16.41 and its 200 day moving average price is $16.04. The company has a market cap of $136.32 million, a PE ratio of 22.51, a P/E/G ratio of 0.96 and a beta of 0.99. Bassett Furniture Industries has a fifty-two week low of $13.82 and a fifty-two week high of $19.75.

Hedge Funds Weigh In On Bassett Furniture Industries

Several large investors have recently made changes to their positions in BSET. JPMorgan Chase & Co. grew its stake in shares of Bassett Furniture Industries by 67.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,192 shares of the company’s stock worth $144,000 after purchasing an additional 3,710 shares during the last quarter. Kestra Private Wealth Services LLC bought a new stake in Bassett Furniture Industries during the third quarter worth approximately $597,000. Bridgeway Capital Management LLC grew its position in Bassett Furniture Industries by 4.5% in the third quarter. Bridgeway Capital Management LLC now owns 83,043 shares of the company’s stock worth $1,299,000 after buying an additional 3,609 shares during the last quarter. Squarepoint Ops LLC bought a new position in shares of Bassett Furniture Industries in the third quarter valued at $414,000. Finally, Teton Advisors LLC acquired a new stake in shares of Bassett Furniture Industries during the 3rd quarter valued at $156,000. Institutional investors own 54.40% of the company’s stock.

Bassett Furniture Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be given a $0.20 dividend. The ex-dividend date is Friday, February 13th. This represents a $0.80 annualized dividend and a yield of 5.1%. Bassett Furniture Industries’s payout ratio is 114.29%.

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.