Sidoti Csr Has Bearish Estimate for BSET Q2 Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Equities research analysts at Sidoti Csr cut their Q2 2025 earnings per share estimates for shares of Bassett Furniture Industries in a research report issued to clients and investors on Monday, March 31st. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of $0.15 per share for the quarter, down from their previous forecast of $0.19. The consensus estimate for Bassett Furniture Industries’ current full-year earnings is $0.75 per share. Sidoti Csr also issued estimates for Bassett Furniture Industries’ Q3 2025 earnings at $0.20 EPS and FY2025 earnings at $0.70 EPS.

Bassett Furniture Industries (NASDAQ:BSET) last posted its quarterly earnings data on Wednesday, January 29th. The company reported $0.38 EPS for the quarter, beating 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 2.44%.

Separately, StockNews.com upgraded Bassett Furniture Industries from a “hold” rating to a “buy” rating in a report on Friday, January 31st.

Bassett Furniture Industries Stock Down 0.6 %

Shares of BSET stock opened at $15.16 on Tuesday. Bassett Furniture Industries has a 52 week low of $12.11 and a 52 week high of $16.20. The firm has a 50 day moving average of $15.09 and a two-hundred day moving average of $14.62. The stock has a market capitalization of $133.23 million, a PE ratio of -13.78, a P/E/G ratio of 1.29 and a beta of 1.62.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Truffle Hound Capital LLC purchased a new stake in shares of Bassett Furniture Industries in the 4th quarter valued at approximately $2,766,000. Barclays PLC increased its holdings in 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. Empowered Funds LLC raised its stake in Bassett Furniture Industries by 4.5% in the fourth quarter. Empowered Funds LLC now owns 26,554 shares of the company’s stock valued at $367,000 after buying an additional 1,135 shares in the last quarter. FourThought Financial Partners LLC purchased a new stake in Bassett Furniture Industries during the 4th quarter worth about $180,000. Finally, Jane Street Group LLC acquired a new position in shares of Bassett Furniture Industries during the 4th quarter worth about $158,000. Hedge funds and other institutional investors own 54.40% of the company’s stock.

Bassett Furniture Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, May 16th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.28%. Bassett Furniture Industries’s payout ratio is -72.73%.

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.