Research Analysts Offer Predictions for BSET Q1 Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Stock analysts at Sidoti Csr issued their Q1 2027 EPS estimates for shares of Bassett Furniture Industries in a research note issued on Friday, January 23rd. Sidoti Csr analyst A. Lebiedzinski forecasts that the company will post earnings per share of $0.25 for the quarter. 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’ Q2 2027 earnings at $0.45 EPS, Q3 2027 earnings at $0.24 EPS and Q4 2027 earnings at $0.65 EPS.

Several other equities research analysts have also recently issued reports on BSET. Sidoti raised shares of Bassett Furniture Industries to a “strong-buy” rating in a research note on Thursday, October 9th. Zacks Research upgraded shares of Bassett Furniture Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, December 30th. Weiss Ratings restated a “hold (c)” rating on shares of Bassett Furniture Industries in a report on Wednesday, January 21st. Finally, Wall Street Zen upgraded Bassett Furniture Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 15th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

Bassett Furniture Industries Stock Performance

Shares of BSET opened at $15.66 on Monday. The stock has a 50 day moving average price of $16.36 and a 200 day moving average price of $16.21. Bassett Furniture Industries has a one year low of $13.63 and a one year high of $19.75. The stock has a market capitalization of $136.09 million, a price-to-earnings ratio of 17.40, a PEG ratio of 0.91 and a beta of 0.99.

Institutional Trading of Bassett Furniture Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in shares of Bassett Furniture Industries by 67.7% during the third quarter. JPMorgan Chase & Co. now owns 9,192 shares of the company’s stock worth $144,000 after buying an additional 3,710 shares during the period. Kestra Private Wealth Services LLC purchased a new position in Bassett Furniture Industries during the 3rd quarter valued at about $597,000. Bridgeway Capital Management LLC grew its position in Bassett Furniture Industries by 4.5% in the 3rd quarter. Bridgeway Capital Management LLC now owns 83,043 shares of the company’s stock valued at $1,299,000 after acquiring an additional 3,609 shares in the last quarter. Squarepoint Ops LLC purchased a new stake in Bassett Furniture Industries during the third quarter worth about $414,000. Finally, Teton Advisors LLC acquired a new stake in shares of Bassett Furniture Industries during the third quarter worth about $156,000. Hedge funds and other institutional investors own 54.40% of the company’s stock.

Bassett Furniture Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 13th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Friday, February 13th. Bassett Furniture Industries’s payout ratio is 88.89%.

About Bassett Furniture Industries

Bassett Furniture Industries, Inc (NASDAQ: BSET), headquartered in Bassett, Virginia, is a vertically integrated manufacturer and retailer of residential home furnishings. The company designs, produces and markets a range of furniture items, including upholstered seating, wood case goods, bedroom collections, dining room sets and home décor accessories. Bassett is known for its emphasis on craftsmanship, offering both ready-to-assemble pieces and made-to-order products that cater to varying design preferences and space requirements.

Bassett’s products are sold through a dual-channel distribution network comprising company-owned Bassett Home Furnishings stores, a franchise and independent dealer network, and an e-commerce platform that provides online shopping, virtual design consultations and customization tools.