Sidoti Csr Issues Pessimistic Estimate for BSET Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Equities research analysts at Sidoti Csr cut their Q2 2025 earnings per share estimates for shares of Bassett Furniture Industries in a report released on Monday, March 31st. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $0.15 per share for the quarter, down from their prior forecast of $0.19. 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 2025 earnings at $0.20 EPS and FY2025 earnings at $0.70 EPS.

Bassett Furniture Industries (NASDAQ:BSET) last issued its quarterly earnings data on Wednesday, April 2nd. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.19. The firm had revenue of $82.16 million for the quarter, compared to the consensus estimate of $79.71 million. Bassett Furniture Industries had a negative net margin of 2.94% and a negative return on equity of 2.44%. During the same period last year, the firm posted ($0.14) EPS.

Separately, StockNews.com raised Bassett Furniture Industries from a “hold” rating to a “buy” rating in a report on Friday, January 31st.

Bassett Furniture Industries Trading Up 3.0 %

Shares of NASDAQ:BSET opened at $15.62 on Tuesday. The firm’s 50 day moving average is $15.12 and its two-hundred day moving average is $14.63. The firm has a market capitalization of $137.27 million, a P/E ratio of -14.20, a PEG ratio of 1.29 and a beta of 1.35. Bassett Furniture Industries has a 52 week low of $12.11 and a 52 week high of $16.20.

Hedge Funds Weigh In On Bassett Furniture Industries

Large investors have recently bought and sold shares of the stock. Truffle Hound Capital LLC acquired a new stake in shares of Bassett Furniture Industries in the 4th quarter worth approximately $2,766,000. Barclays PLC boosted its stake in Bassett Furniture Industries by 51.9% during the 3rd quarter. Barclays PLC now owns 10,124 shares of the company’s stock valued at $146,000 after purchasing an additional 3,459 shares in the last quarter. Empowered Funds LLC boosted its stake in Bassett Furniture Industries by 4.5% during the 4th quarter. Empowered Funds LLC now owns 26,554 shares of the company’s stock valued at $367,000 after purchasing an additional 1,135 shares in the last quarter. FourThought Financial Partners LLC acquired a new position in shares of Bassett Furniture Industries during the 4th quarter valued at $180,000. Finally, Jane Street Group LLC bought a new stake in shares of Bassett Furniture Industries in the 4th quarter worth $158,000. Institutional investors and hedge funds own 54.40% of the company’s stock.

Bassett Furniture Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, May 16th. This represents a $0.80 dividend on an annualized basis and a yield of 5.12%. Bassett Furniture Industries’s dividend payout ratio is presently -72.73%.

About Bassett Furniture Industries

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.