Equities Analysts Offer Predictions for BSET Q1 Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Equities researchers at Sidoti Csr decreased their Q1 2025 earnings per share (EPS) estimates for shares of Bassett Furniture Industries in a report released on Thursday, January 2nd. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.03 for the quarter, down from their previous estimate 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 posted its earnings results on Wednesday, October 9th. The company reported ($0.52) earnings per share for the quarter, missing the consensus estimate 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.

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

Bassett Furniture Industries Trading Up 1.2 %

Bassett Furniture Industries stock opened at $14.00 on Friday. The firm has a 50 day simple moving average of $14.50 and a 200 day simple moving average of $14.02. Bassett Furniture Industries has a 1-year low of $12.10 and a 1-year high of $16.53. The firm has a market capitalization of $123.21 million, a price-to-earnings ratio of -7.18, a P/E/G ratio of 1.07 and a beta of 1.69.

Hedge Funds Weigh In On Bassett Furniture Industries

Large investors have recently modified their holdings of the company. Inspire Advisors LLC lifted its stake in Bassett Furniture Industries by 119.5% in the 2nd quarter. Inspire Advisors LLC now owns 26,055 shares of the company’s stock worth $370,000 after purchasing an additional 14,183 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of 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. Finally, Barclays PLC raised its position in shares of 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 buying an additional 3,459 shares in the last quarter. 54.40% of the stock is currently owned by institutional investors.

Bassett Furniture Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.71%. The ex-dividend date of this dividend was Friday, November 15th. Bassett Furniture Industries’s payout ratio is -41.03%.

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.