Sidoti Csr Equities Analysts Cut Earnings Estimates for BSET

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Equities researchers at Sidoti Csr dropped their Q1 2025 earnings estimates for Bassett Furniture Industries in a note issued to investors on Friday, January 31st. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.02 for the quarter, down from their prior estimate of $0.03. The consensus estimate for Bassett Furniture Industries’ current full-year earnings is $0.80 per share. Sidoti Csr also issued estimates for Bassett Furniture Industries’ Q2 2025 earnings at $0.19 EPS, FY2025 earnings at $0.75 EPS and FY2026 earnings at $1.33 EPS.

Bassett Furniture Industries (NASDAQ:BSET) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.05 by $0.33. Bassett Furniture Industries had a negative net margin of 2.94% and a negative return on equity of 2.42%.

Separately, StockNews.com upgraded shares of Bassett Furniture Industries from a “hold” rating to a “buy” rating in a research report on Friday.

Bassett Furniture Industries Stock Down 0.4 %

Shares of NASDAQ BSET opened at $14.56 on Monday. The stock has a market cap of $128.14 million, a PE ratio of -13.24, a price-to-earnings-growth ratio of 1.11 and a beta of 1.69. Bassett Furniture Industries has a 52-week low of $12.10 and a 52-week high of $16.00. The business has a 50-day moving average price of $14.23 and a 200 day moving average price of $14.03.

Bassett Furniture Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, February 14th. This represents a $0.80 annualized dividend and a dividend yield of 5.49%. Bassett Furniture Industries’s dividend payout ratio (DPR) is -72.73%.

Hedge Funds Weigh In On Bassett Furniture Industries

A hedge fund recently raised its stake in Bassett Furniture Industries stock. Empowered Funds LLC boosted its holdings in Bassett Furniture Industries, Incorporated (NASDAQ:BSET) by 4.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,554 shares of the company’s stock after acquiring an additional 1,135 shares during the quarter. Empowered Funds LLC owned about 0.30% of Bassett Furniture Industries worth $367,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 54.40% of the company’s stock.

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.