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NASDAQ:BSET

Bassett Furniture Industries (BSET) Stock Price, News & Analysis

Bassett Furniture Industries logo
$14.39
+0.31 (+2.20%)
(As of 10/31/2024 ET)

About Bassett Furniture Industries Stock (NASDAQ:BSET)

Key Stats

Today's Range
$14.15
$14.41
50-Day Range
$12.83
$15.00
52-Week Range
$12.10
$17.89
Volume
5,994 shs
Average Volume
18,188 shs
Market Capitalization
$127.05 million
P/E Ratio
N/A
Dividend Yield
5.56%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. The company also distributes its products through multi-line furniture stores, including Bassett galleries or design centers, as well as sells online; and engages in wood and upholstery operations. In addition, it owns and leases land, retail store properties, warehouses, and distribution centers. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.

Bassett Furniture Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
59th Percentile Overall Score

BSET MarketRank™: 

Bassett Furniture Industries scored higher than 59% of companies evaluated by MarketBeat, and ranked 165th out of 289 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Bassett Furniture Industries are expected to grow in the coming year, from ($0.55) to $1.33 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Bassett Furniture Industries is -7.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Bassett Furniture Industries is -7.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Bassett Furniture Industries has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Bassett Furniture Industries' valuation and earnings.
  • Percentage of Shares Shorted

    0.66% of the float of Bassett Furniture Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Bassett Furniture Industries has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Bassett Furniture Industries has recently increased by 26.68%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Bassett Furniture Industries is a leading dividend payer. It pays a dividend yield of 5.73%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Bassett Furniture Industries does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Bassett Furniture Industries will have a dividend payout ratio of 60.15% next year. This indicates that Bassett Furniture Industries will be able to sustain or increase its dividend.

  • Read more about Bassett Furniture Industries' dividend.
  • Percentage of Shares Shorted

    0.66% of the float of Bassett Furniture Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    Bassett Furniture Industries has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Bassett Furniture Industries has recently increased by 26.68%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Bassett Furniture Industries has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Bassett Furniture Industries this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for BSET on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added Bassett Furniture Industries to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Bassett Furniture Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought $67,651.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 7.10% of the stock of Bassett Furniture Industries is held by insiders.

  • Percentage Held by Institutions

    54.40% of the stock of Bassett Furniture Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Bassett Furniture Industries' insider trading history.
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BSET Stock News Headlines

Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
Bassett Furniture: Cybersecurity Incident Weakened Q3
Bassett Furniture Industries Q3 Loss Widens
See More Headlines

BSET Stock Analysis - Frequently Asked Questions

Bassett Furniture Industries' stock was trading at $16.60 on January 1st, 2024. Since then, BSET shares have decreased by 13.3% and is now trading at $14.39.
View the best growth stocks for 2024 here
.

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) announced its quarterly earnings results on Wednesday, October, 9th. The company reported ($0.52) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.34) by $0.18. The company had revenue of $75.62 million for the quarter, compared to analyst estimates of $78.63 million. Bassett Furniture Industries had a negative net margin of 5.00% and a negative trailing twelve-month return on equity of 3.40%.

Bassett Furniture Industries' top institutional investors include Inspire Advisors LLC (0.14%). Insiders that own company stock include Robert H Spilman Jr, John Michael Daniel, William C Warden Jr, John R Belk and John Walter Mcdowell.
View institutional ownership trends
.

Shares of BSET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Bassett Furniture Industries investors own include Meta Platforms (META), Alphabet (GOOG), Tesla (TSLA), NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Netflix (NFLX) and Visa (V).

Company Calendar

Ex-Dividend for 8/30 Dividend
8/16/2024
Dividend Payable
8/30/2024
Last Earnings
10/09/2024
Today
10/31/2024
Ex-Dividend for 11/29 Dividend
11/15/2024
Dividend Payable
11/29/2024
Fiscal Year End
11/30/2024
Next Earnings (Estimated)
1/23/2025

Industry, Sector and Symbol

Industry
Wood household furniture
Sub-Industry
Home Furnishings
Current Symbol
NASDAQ:BSET
CUSIP
07020310
Employees
1,389
Year Founded
N/A

Profitability

Net Income
$-3,170,000.00
Pretax Margin
-4.87%

Debt

Sales & Book Value

Annual Sales
$340.29 million
Cash Flow
$1.28 per share
Book Value
$20.80 per share

Miscellaneous

Free Float
8,168,000
Market Cap
$127.05 million
Optionable
Optionable
Beta
1.69

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This page (NASDAQ:BSET) was last updated on 10/31/2024 by MarketBeat.com Staff
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