Sidoti Csr Has Pessimistic Outlook of BSET Q1 Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Research analysts at Sidoti Csr dropped their Q1 2025 earnings per share (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 expects that the company will post earnings of $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) last released its quarterly earnings data on Wednesday, October 9th. The company reported ($0.52) 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 firm had revenue of $75.62 million for the quarter, compared to the consensus estimate of $78.63 million. During the same quarter in the prior year, the firm earned ($0.30) EPS.

Separately, StockNews.com cut shares of Bassett Furniture Industries from a “buy” rating to a “hold” rating in a report on Friday, December 20th.

Bassett Furniture Industries Trading Up 1.2 %

NASDAQ BSET opened at $14.00 on Friday. The company has a fifty day simple moving average of $14.50 and a 200 day simple moving average of $14.02. Bassett Furniture Industries has a 12-month low of $12.10 and a 12-month high of $16.53. The company has a market cap of $123.21 million, a P/E ratio of -7.18, a PEG ratio of 1.07 and a beta of 1.69.

Institutional Investors Weigh In On Bassett Furniture Industries

A number of institutional investors and hedge funds have recently bought and sold shares of BSET. Empowered Funds LLC increased its stake in Bassett Furniture Industries by 5.0% in the 3rd quarter. Empowered Funds LLC now owns 25,419 shares of the company’s stock valued at $367,000 after buying an additional 1,206 shares during the last quarter. Inspire Advisors LLC increased its position in shares of Bassett Furniture Industries by 119.5% during the second 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 last quarter. Finally, Barclays PLC lifted its holdings in Bassett Furniture Industries by 51.9% during the third quarter. Barclays PLC now owns 10,124 shares of the company’s stock worth $146,000 after acquiring an additional 3,459 shares during the period. 54.40% of the stock is owned by hedge funds and other institutional investors.

Bassett Furniture Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.71%. The ex-dividend date was Friday, November 15th. Bassett Furniture Industries’s dividend payout ratio (DPR) is presently -41.03%.

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.