What is Sidoti Csr’s Forecast for BSET Q1 Earnings?

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Investment analysts at Sidoti Csr issued their Q1 2026 earnings estimates for shares of Bassett Furniture Industries in a research note issued on Thursday, November 21st. Sidoti Csr analyst A. Lebiedzinski anticipates that the company will post earnings of $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.

Separately, StockNews.com cut shares of Bassett Furniture Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, November 5th.

Bassett Furniture Industries Stock Up 3.8 %

Shares of NASDAQ:BSET opened at $14.94 on Friday. The stock has a market cap of $131.47 million, a PE ratio of -7.66 and a beta of 1.68. The company’s fifty day moving average is $14.48 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.

Bassett Furniture Industries (NASDAQ:BSET) last issued its earnings results on Wednesday, October 9th. The company reported ($0.52) EPS for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.18). The business had revenue of $75.62 million during the quarter, compared to analysts’ expectations of $78.63 million. Bassett Furniture Industries had a negative return on equity of 3.47% and a negative net margin of 5.00%. During the same quarter in the previous year, the business earned ($0.30) EPS.

Institutional Trading of Bassett Furniture Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Inspire Advisors LLC boosted 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 purchasing an additional 14,183 shares in the last quarter. Barclays PLC grew its stake in Bassett Furniture Industries by 51.9% in the third quarter. Barclays PLC now owns 10,124 shares of the company’s stock worth $146,000 after purchasing an additional 3,459 shares during the period. Finally, Empowered Funds LLC grew its stake in Bassett Furniture Industries by 5.0% in the third quarter. Empowered Funds LLC now owns 25,419 shares of the company’s stock worth $367,000 after purchasing an additional 1,206 shares during the period. Hedge funds and other institutional investors own 54.40% of the company’s stock.

Bassett Furniture Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a $0.20 dividend. 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%.

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.