NASDAQ:BSET Bassett Furniture Industries (BSET) Stock Forecast, Price & News $14.65 +0.35 (+2.45%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$13.75▼$14.6550-Day Range$13.79▼$17.6452-Week Range$13.30▼$19.99Volume48,511 shsAverage Volume20,819 shsMarket Capitalization$129.51 millionP/E Ratio22.54Dividend Yield4.91%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Bassett Furniture Industries MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.00% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.72Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth3,400.00%From $0.05 to $1.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.61 out of 5 starsConsumer Discretionary Sector74th out of 262 stocksWood Household Furniture Industry1st out of 3 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Bassett Furniture Industries. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.00% of the float of Bassett Furniture Industries has been sold short.Short Interest Ratio / Days to CoverBassett Furniture Industries has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Bassett Furniture Industries has recently decreased by 9.30%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipBassett Furniture Industries is a leading dividend payer. It pays a dividend yield of 5.03%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBassett Furniture Industries has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Bassett Furniture Industries is 110.77%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Bassett Furniture Industries will have a dividend payout ratio of 41.14% next year. This indicates that Bassett Furniture Industries will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BSET. Previous Next 2.1 News and Social Media Coverage News SentimentBassett Furniture Industries has a news sentiment score of 0.72. 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 WeekMarketBeat has tracked 8 news articles for Bassett Furniture Industries this week, compared to 1 article on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Bassett Furniture Industries insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.30% of the stock of Bassett Furniture Industries is held by insiders.Percentage Held by Institutions55.87% 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Bassett Furniture Industries are expected to grow by 3,400.00% in the coming year, from $0.05 to $1.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Bassett Furniture Industries is 22.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Bassett Furniture Industries is 22.54, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.20.Price to Earnings Growth RatioBassett Furniture Industries has a PEG Ratio of 16.25. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBassett 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. Previous Next See Top Rated MarketRank™ Stocks Here About Bassett Furniture Industries (NASDAQ:BSET) StockBassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through two segments: Wholesale and Retail company-owned Stores. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned retail stores and licensee-owned stores, and independent furniture retailers; and wood and upholstery operations. As of November 26, 2022, it operated a network of 58 company-owned stores and 33 licensee-owned stores. It also provides warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties; and distributes its products through other multi-line furniture stores, and Bassett galleries or design centers, as well as sells its products online. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.Read More BSET Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BSET Stock News HeadlinesSeptember 28, 2023 | finanznachrichten.deBassett Furniture Industries, Incorporated: Bassett Announces Fiscal Third Quarter ResultsSeptember 28, 2023 | finance.yahoo.comBassett Furniture (BSET) Reports Q3 Loss, Tops Revenue EstimatesOctober 1, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>September 27, 2023 | markets.businessinsider.comHere's what Wall Street expects from Bassett Furniture Industries's earnings reportSeptember 25, 2023 | finance.yahoo.comBassett (BSET) to Post Q3 Earnings: What's in the Offing?September 7, 2023 | msn.comNoble Capital Markets Downgrades Bassett Furniture Industries (BSET)September 6, 2023 | marketwatch.comBassett Furniture Sees 3Q Sales Drop, Expects LossSeptember 6, 2023 | msn.comBassett Furniture down 7% on Prelim Q3 numbersOctober 1, 2023 | Stansberry Research (Ad)Are "The Magnificent Seven" the Next Sears?The former retail giant’s sales once accounted for 1% of the U.S. economy. Now it’s nearly extinct. Will the same happen to big tech? Learn more here.September 6, 2023 | finance.yahoo.comBassett Announces Certain Preliminary Financial Results for the Fiscal Third QuarterSeptember 1, 2023 | msn.comBassett Furniture Industries: Not A Great Play Just YetAugust 23, 2023 | stocknews.comIs Lowe's Companies (LOW) a Buy After Earnings?August 17, 2023 | stocknews.com5 Home Improvement Stocks Investors Are After Right NowAugust 5, 2023 | fool.comBassett Furniture Industries (NASDAQ: BSET)July 16, 2023 | msn.comBassett Furniture Industries (BSET) Declares $0.18 DividendJuly 14, 2023 | seekingalpha.comBassett Furniture raises quarterly dividend by 12.5% to $0.18/shareJuly 13, 2023 | finance.yahoo.comBassett (BSET) Hikes Dividend by 12.5%, Boosts Investors' ValueJuly 12, 2023 | finance.yahoo.comBassett Increases Quarterly Dividend by 12.5%July 10, 2023 | stocknews.com3 Quality Home Improvement Stocks to Buy This SummerJune 29, 2023 | finance.yahoo.comBassett Furniture (BSET) Beats Q2 Earnings EstimatesMay 15, 2023 | finance.yahoo.comBassett Furniture partners with Network-as-a-Service provider AcuativeMay 4, 2023 | finance.yahoo.comBear of the Day: Bassett Furniture (BSET)April 8, 2023 | seekingalpha.comBassett Furniture: Cheap, New Tech Innovations, And Opening In DallasApril 3, 2023 | markets.businessinsider.comAnalysts Offer Insights on Consumer Goods Companies: Conagra Brands (CAG) and Bassett Furniture (BSET)March 30, 2023 | finance.yahoo.comBassett Furniture (BSET) Q1 Earnings Lag EstimatesMarch 22, 2023 | usatoday.comAngela Bassett, Jamie Lee Curtis did their thing to support Ariana DeBose after BAFTA rap criticismMarch 21, 2023 | nypost.comThe biggest sore losers in Oscars history: From Angela Bassett to Jack NicholsonSee More Headlines Receive BSET Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Bassett Furniture Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address BSET Company Calendar Ex-Dividend for 8/25 Dividend8/10/2023Dividend Payable8/25/2023Last Earnings9/28/2023Today9/30/2023Fiscal Year End11/30/2023Next Earnings (Estimated)1/23/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Wood household furniture Sub-IndustryHome Furnishings SectorConsumer Discretionary Current SymbolNASDAQ:BSET CUSIP07020310 CIK10329 Webwww.bassettfurniture.com Phone(276) 629-6000Fax276-629-6346Employees1,561Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$0.65 Trailing P/E Ratio22.54 Forward P/E Ratio293.00 P/E Growth16.25Net Income$65.35 million Net Margins1.43% Pretax Margin5.07% Return on Equity2.93% Return on Assets1.45% Debt Debt-to-Equity RatioN/A Current Ratio2.13 Quick Ratio1.24 Sales & Book Value Annual Sales$485.60 million Price / Sales0.27 Cash Flow$4.10 per share Price / Cash Flow3.57 Book Value$21.36 per share Price / Book0.69Miscellaneous Outstanding Shares8,840,000Free Float8,193,000Market Cap$129.51 million OptionableOptionable Beta1.65 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Robert H. Spilman Jr. (Age 67)Pres, CEO & Chairman Comp: $908.6kMr. J. Michael Daniel (Age 61)Sr. VP and Chief Financial & Admin. Officer Comp: $506.63kMr. John E. Bassett III (Age 64)Sr. VP & Chief Operations Officer Comp: $504.62kMr. Bruce R. Cohenour (Age 65)Sr. VP & Chief Sales Officer Comp: $625.67kMr. David C. Baker (Age 62)Sr. VP & Chief Retail Officer Comp: $427.26kBrian W. ClaspellVP & Chief Information OfficerMr. Jay R. Hervey Esq. (Age 63)VP, Sec. & Gen. Counsel Peter D. MorrisonVP, VP of Communications & Chief Creative OfficerEdward H. WhiteVP of HRMr. Mark S. Jordan (Age 69)Sr. VP of Upholstery More ExecutivesKey CompetitorsAmerican Outdoor BrandsNASDAQ:AOUTSaga CommunicationsNASDAQ:SGAQuantaSing GroupNASDAQ:QSGHonestNASDAQ:HNSTSuperior Group of CompaniesNASDAQ:SGCView All CompetitorsInsiders & InstitutionsOsaic Holdings Inc.Sold 1,458 shares on 8/21/2023Ownership: 0.080%Royal Bank of CanadaBought 2,793 shares on 8/15/2023Ownership: 0.169%Citadel Advisors LLCSold 28,529 shares on 8/15/2023Ownership: 0.157%Goldman Sachs Group Inc.Sold 29,276 shares on 8/15/2023Ownership: 0.144%Marshall Wace LLPBought 972 shares on 8/14/2023Ownership: 0.281%View All Insider TransactionsView All Institutional Transactions BSET Stock - Frequently Asked Questions Should I buy or sell Bassett Furniture Industries stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bassett Furniture Industries in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BSET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BSET, but not buy additional shares or sell existing shares. View BSET analyst ratings or view top-rated stocks. How have BSET shares performed in 2023? Bassett Furniture Industries' stock was trading at $17.38 on January 1st, 2023. Since then, BSET stock has decreased by 15.7% and is now trading at $14.65. View the best growth stocks for 2023 here. Are investors shorting Bassett Furniture Industries? Bassett Furniture Industries saw a decline in short interest in the month of September. As of September 15th, there was short interest totaling 81,900 shares, a decline of 9.3% from the August 31st total of 90,300 shares. Based on an average daily trading volume, of 19,800 shares, the days-to-cover ratio is currently 4.1 days. Currently, 1.0% of the company's shares are sold short. View Bassett Furniture Industries' Short Interest. When is Bassett Furniture Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024. View our BSET earnings forecast. How were Bassett Furniture Industries' earnings last quarter? Bassett Furniture Industries, Incorporated (NASDAQ:BSET) posted its quarterly earnings results on Thursday, September, 28th. The company reported ($0.30) EPS for the quarter, topping analysts' consensus estimates of ($0.59) by $0.29. The company earned $87.22 million during the quarter, compared to the consensus estimate of $86.95 million. Bassett Furniture Industries had a trailing twelve-month return on equity of 2.93% and a net margin of 1.43%. How often does Bassett Furniture Industries pay dividends? What is the dividend yield for Bassett Furniture Industries? Bassett Furniture Industries declared a quarterly dividend on Wednesday, July 12th. Stockholders of record on Friday, August 11th will be paid a dividend of $0.18 per share on Friday, August 25th. This represents a $0.72 annualized dividend and a yield of 4.91%. The ex-dividend date is Thursday, August 10th. This is an increase from the stock's previous quarterly dividend of $0.16. Read our dividend analysis for BSET. Is Bassett Furniture Industries a good dividend stock? Bassett Furniture Industries (NASDAQ:BSET) pays an annual dividend of $0.72 per share and currently has a dividend yield of 5.03%. BSET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 110.77%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, BSET will have a dividend payout ratio of 41.14% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for BSET. What guidance has Bassett Furniture Industries issued on next quarter's earnings? Bassett Furniture Industries updated its third quarter 2023 earnings guidance on Wednesday, September, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $87.00 million-$87.00 million, compared to the consensus revenue estimate of $98.86 million. What is Rob Spilman Jr.'s approval rating as Bassett Furniture Industries' CEO? 110 employees have rated Bassett Furniture Industries Chief Executive Officer Rob Spilman Jr. on Glassdoor.com. Rob Spilman Jr. has an approval rating of 95% among the company's employees. This puts Rob Spilman Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 74.0% of employees surveyed would recommend working at Bassett Furniture Industries to a friend. What other stocks do shareholders of Bassett Furniture Industries own? Based on aggregate information from My MarketBeat watchlists, some companies that other Bassett Furniture Industries investors own include Ethan Allen Interiors (ETH), Energy Transfer (ET), AT&T (T), Weyerhaeuser (WY), CBL & Associates Properties (CBL), Canadian Natural Resources (CNQ), Cornerstone Total Return Fund (CRF), D.R. Horton (DHI), Ford Motor (F) and Harley-Davidson (HOG). What is Bassett Furniture Industries' stock symbol? Bassett Furniture Industries trades on the NASDAQ under the ticker symbol "BSET." How do I buy shares of Bassett Furniture Industries? Shares of BSET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Bassett Furniture Industries' stock price today? One share of BSET stock can currently be purchased for approximately $14.65. How much money does Bassett Furniture Industries make? Bassett Furniture Industries (NASDAQ:BSET) has a market capitalization of $129.51 million and generates $485.60 million in revenue each year. The company earns $65.35 million in net income (profit) each year or $0.65 on an earnings per share basis. How many employees does Bassett Furniture Industries have? The company employs 1,561 workers across the globe. How can I contact Bassett Furniture Industries? Bassett Furniture Industries' mailing address is 3525 FAIRYSTONE PARK HIGHWAY, BASSETT VA, 24055. The official website for the company is www.bassettfurniture.com. The company can be reached via phone at (276) 629-6000, via email at mdaniel@bassettfurniture.com, or via fax at 276-629-6346. This page (NASDAQ:BSET) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Bassett Furniture Industries, Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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