Bassett Furniture Industries (BSET) Projected to Post Quarterly Earnings on Wednesday

Key Points

• Bassett Furniture Industries (BSET) is set to release its Q3 2025 earnings report on October 8th, with analysts predicting earnings of $0.09 per share and revenue of approximately $79.89 million.
• The company recently declared a quarterly dividend of $0.20 per share, resulting in an annualized dividend yield of 5.1%.
• Bassett Furniture's stock has seen a 0.8% decline and has a current market cap of $135.91 million, with a PE ratio of 53.93.

Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) is projected to post its Q3 2025 results before the market opens on Wednesday, October 8th. Analysts expect Bassett Furniture Industries to post earnings of $0.09 per share and revenue of $79.8910 million for the quarter. Individuals can check the company's upcoming Q3 2025 earningsummary page for the latest details on the call scheduled for Thursday, October 9, 2025 at 9:00 AM ET.

Bassett Furniture Industries (NASDAQ:BSET - Get Free Report) last released its earnings results on Wednesday, July 9th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.15 by $0.07. The firm had revenue of $84.35 million during the quarter, compared to analyst estimates of $82.03 million. Bassett Furniture Industries had a return on equity of 1.48% and a net margin of 0.76%.During the same period last year, the business posted ($0.19) earnings per share. On average, analysts expect Bassett Furniture Industries to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Bassett Furniture Industries Trading Down 0.8%

NASDAQ:BSET opened at $15.64 on Wednesday. The stock has a fifty day moving average price of $16.44 and a 200 day moving average price of $16.56. The firm has a market cap of $135.91 million, a PE ratio of 53.93, a price-to-earnings-growth ratio of 1.19 and a beta of 0.98. Bassett Furniture Industries has a 12-month low of $13.58 and a 12-month high of $19.75.

Bassett Furniture Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend was Friday, August 15th. Bassett Furniture Industries's payout ratio is 275.86%.

Insider Activity

In other Bassett Furniture Industries news, SVP John E. Bassett III sold 2,000 shares of the firm's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $18.56, for a total transaction of $37,120.00. Following the transaction, the senior vice president owned 50,761 shares of the company's stock, valued at approximately $942,124.16. This trade represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 7.30% of the company's stock.

Hedge Funds Weigh In On Bassett Furniture Industries

Several hedge funds have recently made changes to their positions in BSET. Goldman Sachs Group Inc. grew its holdings in shares of Bassett Furniture Industries by 97.4% during the first quarter. Goldman Sachs Group Inc. now owns 24,840 shares of the company's stock worth $379,000 after purchasing an additional 12,258 shares during the last quarter. Empowered Funds LLC boosted its stake 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 buying an additional 2,089 shares during the period. Jane Street Group LLC boosted its stake in shares of Bassett Furniture Industries by 87.9% during the first quarter. Jane Street Group LLC now owns 21,454 shares of the company's stock worth $327,000 after buying an additional 10,037 shares during the period. Geode Capital Management LLC boosted its stake in shares of Bassett Furniture Industries by 114.3% during the second quarter. Geode Capital Management LLC now owns 190,182 shares of the company's stock worth $2,892,000 after buying an additional 101,448 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in shares of Bassett Furniture Industries during the second quarter worth about $83,000. Hedge funds and other institutional investors own 54.40% of the company's stock.

Wall Street Analysts Forecast Growth

BSET has been the topic of a number of analyst reports. Wall Street Zen cut Bassett Furniture Industries from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Zacks Research cut Bassett Furniture Industries from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of "Hold".

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.