Sidoti Csr Issues Negative Outlook for BSET Earnings

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Stock analysts at Sidoti Csr decreased their Q2 2026 earnings per share estimates for shares of Bassett Furniture Industries in a research note issued to investors on Friday, February 6th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.35 for the quarter, down from their prior forecast of $0.37. 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 2026 earnings at $0.13 EPS, Q4 2026 earnings at $0.44 EPS and FY2026 earnings at $1.10 EPS.

A number of other research analysts have also recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Bassett Furniture Industries in a research note on Wednesday, January 21st. Zacks Research raised Bassett Furniture Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, December 30th. Finally, Wall Street Zen cut Bassett Furniture Industries from a “buy” rating to a “hold” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Bassett Furniture Industries Trading Down 0.9%

Shares of Bassett Furniture Industries stock opened at $15.76 on Monday. Bassett Furniture Industries has a twelve month low of $13.82 and a twelve month high of $19.75. The stock has a market cap of $136.32 million, a price-to-earnings ratio of 22.51, a price-to-earnings-growth ratio of 0.96 and a beta of 0.99. The company has a fifty day moving average price of $16.41 and a 200 day moving average price of $16.04.

Bassett Furniture Industries (NASDAQ:BSET) last issued its earnings results on Wednesday, February 4th. The company reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.07). Bassett Furniture Industries had a return on equity of 3.91% and a net margin of 1.82%.The firm had revenue of $88.67 million for the quarter, compared to analysts’ expectations of $86.90 million.

Institutional Trading of Bassett Furniture Industries

Several institutional investors and hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of Bassett Furniture Industries by 114.3% in the 2nd quarter. Geode Capital Management LLC now owns 190,182 shares of the company’s stock worth $2,892,000 after acquiring an additional 101,448 shares in the last quarter. Bridgeway Capital Management LLC boosted its holdings in Bassett Furniture Industries by 4.5% in the third quarter. Bridgeway Capital Management LLC now owns 83,043 shares of the company’s stock worth $1,299,000 after purchasing an additional 3,609 shares during the period. Kestra Private Wealth Services LLC bought a new stake in Bassett Furniture Industries during the third quarter valued at $597,000. Empowered Funds LLC raised its holdings in shares of Bassett Furniture Industries by 7.9% during the first quarter. Empowered Funds LLC now owns 28,643 shares of the company’s stock worth $437,000 after purchasing an additional 2,089 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in shares of Bassett Furniture Industries during the third quarter worth $414,000. Institutional investors and hedge funds 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 given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $0.80 annualized dividend and a dividend yield of 5.1%. Bassett Furniture Industries’s dividend payout ratio (DPR) is presently 114.29%.

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.