Sidoti Csr Has Negative Forecast for BSET Q1 Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Stock analysts at Sidoti Csr reduced their Q1 2025 earnings per share estimates for shares of Bassett Furniture Industries in a report issued 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 prior 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.

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

Bassett Furniture Industries Stock Down 0.3 %

Shares of NASDAQ BSET opened at $13.96 on Friday. The firm has a market cap of $122.86 million, a PE ratio of -7.16, a price-to-earnings-growth ratio of 1.07 and a beta of 1.69. Bassett Furniture Industries has a twelve month low of $12.10 and a twelve month high of $16.50. The business has a fifty day simple moving average of $14.50 and a two-hundred day simple moving average of $14.01.

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

Bassett Furniture Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.73%. The ex-dividend date was Friday, November 15th. Bassett Furniture Industries’s payout ratio is -41.03%.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the stock. Barclays PLC grew 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 worth $146,000 after buying an additional 3,459 shares during the last quarter. Empowered Funds LLC grew its stake in Bassett Furniture Industries by 5.0% during the 3rd quarter. Empowered Funds LLC now owns 25,419 shares of the company’s stock valued at $367,000 after purchasing an additional 1,206 shares during the last quarter. Finally, Inspire Advisors LLC grew its stake in Bassett Furniture Industries by 119.5% during the 2nd 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 during the last quarter. 54.40% of the stock is owned by institutional investors.

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.