What is Sidoti's Forecast for BSET FY2026 Earnings?

Key Points

• Sidoti lowered its FY2026 EPS forecast for Bassett Furniture to $0.88 from $0.93, slightly below the consensus estimate of $0.89. The firm also projects $0.40 EPS for Q4 2026 and $1.59 for FY2027.
• Bassett’s latest quarterly results exceeded expectations, with EPS of $0.24 versus the $0.20 consensus and revenue of $83.75 million versus $83.32 million expected.
• The stock was trading at $18.05, while the company maintained a quarterly dividend of $0.20 per share, equivalent to an annualized $0.80 payout and a 4.4% yield.

Bassett Furniture Industries, Incorporated (NASDAQ:BSET - Free Report) - Sidoti decreased their FY2026 earnings per share (EPS) estimates for shares of Bassett Furniture Industries in a report released on Monday, September 28th. Sidoti analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.88 for the year, down from their previous forecast of $0.93. The consensus estimate for Bassett Furniture Industries' current full-year earnings is $0.89 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 - Get Free Report) last announced its quarterly earnings results on Wednesday, July 1st. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.20 by $0.04. The firm had revenue of $83.75 million for the quarter, compared to the consensus estimate of $83.32 million. Bassett Furniture Industries had a net margin of 1.65% and a return on equity of 3.56%. During the same period in the prior year, the firm posted $0.22 earnings per share.

Other equities analysts have also recently issued reports about the company. Zacks Research cut Bassett Furniture Industries from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 7th. Weiss Ratings upgraded shares of Bassett Furniture Industries from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, July 14th. Finally, Wall Street Zen upgraded shares of Bassett Furniture Industries from a "sell" rating to a "hold" rating in a report on Saturday, June 20th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Bassett Furniture Industries has an average rating of "Moderate Buy".

Bassett Furniture Industries Trading Down 0.7%

BSET stock opened at $18.05 on Wednesday. Bassett Furniture Industries has a 1-year low of $13.17 and a 1-year high of $22.26. The company's 50 day moving average is $18.82 and its 200 day moving average is $16.80. The stock has a market cap of $156.31 million, a price-to-earnings ratio of 28.20, a price-to-earnings-growth ratio of 1.28 and a beta of 0.77.

Institutional Trading of Bassett Furniture Industries

Large investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new position in shares of Bassett Furniture Industries in the 2nd quarter worth approximately $59,000. Aegis Financial Corp raised its holdings in Bassett Furniture Industries by 4.4% in the second quarter. Aegis Financial Corp now owns 550,413 shares of the company's stock worth $9,753,000 after purchasing an additional 23,416 shares in the last quarter. Empowered Funds LLC bought a new position in Bassett Furniture Industries in the second quarter worth $746,000. Bank of America Corp DE purchased a new position in Bassett Furniture Industries during the second quarter valued at $246,000. Finally, Hsbc Holdings PLC purchased a new position in Bassett Furniture Industries during the second quarter valued at $485,000. 54.40% of the stock is owned by institutional investors.

Bassett Furniture Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were given a dividend of $0.20 per share. The ex-dividend date was Friday, August 14th. This represents a $0.80 annualized dividend and a dividend yield of 4.4%. Bassett Furniture Industries's payout ratio is currently 125.00%.

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.

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