What is Sidoti’s Estimate for BSET FY2026 Earnings?

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Equities research analysts at Sidoti dropped their FY2026 earnings per share (EPS) estimates for Bassett Furniture Industries in a research note issued on Monday, September 28th. Sidoti analyst A. Lebiedzinski now expects that the company will earn $0.88 per share for the year, down from their previous estimate of $0.93. The consensus estimate for Bassett Furniture Industries’ current full-year earnings is $0.87 per share. Sidoti also issued estimates for Bassett Furniture Industries’ Q4 2026 earnings at $0.40 EPS and FY2027 earnings at $1.59 EPS.

Bassett Furniture Industries (NASDAQ:BSET) last posted its quarterly earnings data on Wednesday, September 30th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.11. The company had revenue of $82.84 million during the quarter, compared to analysts’ expectations of $82.77 million. Bassett Furniture Industries had a return on equity of 4.36% and a net margin of 2.02%.

Several other research firms also recently commented on BSET. Weiss Ratings raised shares of Bassett Furniture Industries from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 14th. Wall Street Zen upgraded shares of Bassett Furniture Industries from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Zacks Research lowered shares of Bassett Furniture Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Bassett Furniture Industries currently has an average rating of “Moderate Buy”.

Bassett Furniture Industries Stock Up 9.1%

BSET stock opened at $19.06 on Wednesday. Bassett Furniture Industries has a twelve month low of $13.17 and a twelve month high of $22.26. The firm has a market cap of $165.06 million, a price-to-earnings ratio of 24.13, a PEG ratio of 1.26 and a beta of 0.72. The business’s fifty day simple moving average is $18.75 and its two-hundred day simple moving average is $16.86.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Motiv8 Investments LLC purchased a new position in Bassett Furniture Industries during the 4th quarter worth approximately $42,000. Nalls Sherbakoff Group LLC acquired a new stake in Bassett Furniture Industries during the 4th quarter valued at approximately $46,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Bassett Furniture Industries in the 2nd quarter valued at $59,000. Empowered Funds LLC boosted its holdings in shares of Bassett Furniture Industries by 9.2% in the 1st quarter. Empowered Funds LLC now owns 42,076 shares of the company’s stock valued at $595,000 after acquiring an additional 3,532 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Bassett Furniture Industries by 4.0% in the first quarter. Renaissance Technologies LLC now owns 304,161 shares of the company’s stock worth $4,304,000 after acquiring an additional 11,700 shares during the period. 54.40% of the stock is currently owned by institutional investors.

Bassett Furniture Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, August 14th. Bassett Furniture Industries’s payout ratio is presently 125.00%.

Key Headlines Impacting Bassett Furniture Industries

Here are the key news stories impacting Bassett Furniture Industries this week:

• Positive Sentiment: Quarterly earnings beat expectations. Bassett reported fiscal Q3 earnings of $0.24 per share, compared with the consensus estimate of $0.13 and $0.09 in the year-ago period. The earnings improvement was supported partly by selling, general and administrative expense savings. Bassett Furniture Beats Q3 Earnings Estimates
• Positive Sentiment: Revenue was slightly ahead of forecasts. Quarterly revenue rose to $82.84 million versus analysts’ expectations of $82.77 million, indicating moderate sales growth despite a weak sector environment. Bassett Furniture Reports Third-Quarter Results
• Positive Sentiment: Management’s cost controls are helping protect profits. Recent analysis highlighted earnings growth through SG&A savings and fairly resilient sales, factors that likely supported the positive investor reaction. Bassett Furniture: Good Q3, But Sector Uncertainty Persists
• Neutral Sentiment: The earnings call provides additional outlook detail. Investors are reviewing management’s comments on sales trends, cost controls and the broader operating environment following the quarterly release. Bassett Furniture Q3 2026 Earnings Call Transcript
• Negative Sentiment: Industry conditions remain challenging. High mortgage rates and weak consumer confidence continue to pressure housing-related and discretionary furniture demand, creating uncertainty around sustained sales growth. Sector Uncertainty Analysis
• Negative Sentiment: Sidoti lowered its earnings forecasts. The firm reduced its FY2026 EPS estimate to $0.88 from $0.93, cut its Q4 estimate to $0.40 from $0.45, and lowered its FY2027 forecast to $1.59 from $1.62, signaling caution about the forward outlook.

Bassett Furniture Industries Company Profile

Bassett Furniture Industries, Incorporated is a home furnishings company headquartered in Bassett, Virginia. Founded in 1902, the company built its heritage in wooden furniture and has expanded into a broader range of residential furnishings.

Bassett designs, manufactures, sources and sells products including upholstered furniture, bedroom and dining furniture, occasional tables, home office furnishings, mattresses, rugs, lighting and decorative accessories. Its offerings are marketed under the Bassett brand, with an emphasis on coordinated room collections, customization and design services.

The company serves consumers primarily in the United States through company-owned and licensed Bassett Home Furnishings stores, its website and other retail channels.