Brokers Offer Predictions for BSET Q1 Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Sidoti Csr issued their Q1 2026 earnings estimates for Bassett Furniture Industries in a report issued on Thursday, November 21st. Sidoti Csr analyst A. Lebiedzinski forecasts that the company will earn $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 lowered Bassett Furniture Industries from a “buy” rating to a “hold” rating in a report on Tuesday, November 5th.

Bassett Furniture Industries Price Performance

NASDAQ BSET opened at $14.94 on Friday. The company has a fifty day moving average of $14.46 and a two-hundred day moving average of $13.99. The company has a market capitalization of $131.49 million, a PE ratio of -7.38 and a beta of 1.68. Bassett Furniture Industries has a 1 year low of $12.10 and a 1 year high of $17.89.

Bassett Furniture Industries (NASDAQ:BSET) last announced its quarterly earnings data 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 during the quarter, compared to analyst estimates 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 quarter in the previous year, the business posted ($0.30) earnings per share.

Bassett Furniture Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.35%. Bassett Furniture Industries’s payout ratio is -41.03%.

Institutional Trading of Bassett Furniture Industries

Several institutional investors and hedge funds have recently modified their holdings of BSET. Inspire Advisors LLC lifted its holdings in Bassett Furniture Industries by 119.5% in 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 in the last quarter. 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 valued at $146,000 after buying an additional 3,459 shares during the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of Bassett Furniture Industries by 5.0% during the third 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 period. Hedge funds and other institutional investors own 54.40% of the company’s stock.

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.