About Bassett Furniture Industries
Bassett Furniture Industries, Incorporated is a manufacturer, importer and retailer of home furnishings. The Company's segments include Wholesale, Retail - Company-owned stores and Logistical services. Its wholesale home furnishings segment is involved in the design, manufacture, sourcing, sale and distribution of furniture products to a network of Bassett stores (licensee-owned stores and Company-owned stores) and independent furniture retailers. Its retail segment consists of Company-owned stores. It operates its logistical services segment through its subsidiary, Zenith Freight Lines, LLC, which provides shipping, delivery and warehousing services. Its portfolio of products includes Canopy Bed, Nightstands, Baby Bedding, Bedside Tables, Chaise Lounge, Writing Desks, Kitchen Furniture, Computer Hutch, Game Tables and Fabric Ottomans. Its range of furniture products and accessories are sold through a nation-wide network of over 90 retail stores known as Bassett Home Furnishings.
Industry, Sector and Symbol:
- Sector: Consumer Discretionary
- Industry: Home Furnishings & Fixtures
- Sub-Industry: Home Furnishings
- Exchange: NASDAQ
- Symbol: BSET
- CUSIP: 07020310
- Previous Close: $26.90
- 50 Day Moving Average: $27.82
- 200 Day Moving Average: $26.72
- 52-Week Range: $10,722,000.00 - $22.42
- Trailing P/E Ratio: 18.77
- Foreward P/E Ratio: 15.48
- P/E Growth: 1.14
- Market Cap: $293.78M
- Outstanding Shares: 10,722,000
- Beta: 1.25
- Net Margins: 3.66%
- Return on Equity: 8.88%
- Return on Assets: 5.81%
Companies Related to Bassett Furniture Industries:
- Debt-to-Equity Ratio: 0.02%
- Current Ratio: 1.83%
- Quick Ratio: 1.13%
What is Bassett Furniture Industries' stock symbol?
Bassett Furniture Industries trades on the NASDAQ under the ticker symbol "BSET."
How often does Bassett Furniture Industries pay dividends? What is the dividend yield for Bassett Furniture Industries?
Bassett Furniture Industries announced a quarterly dividend on Thursday, January 12th. Shareholders of record on Friday, February 10th will be paid a dividend of $0.10 per share on Friday, February 24th. This represents a $0.40 annualized dividend and a yield of 1.46%. The ex-dividend date of this dividend is Wednesday, February 8th.
Where is Bassett Furniture Industries' stock going? Where will Bassett Furniture Industries' stock price be in 2017?
1 equities research analysts have issued 12 month price objectives for Bassett Furniture Industries' shares. Their predictions range from $28.00 to $28.00. On average, they anticipate Bassett Furniture Industries' stock price to reach $28.00 in the next twelve months.
When will Bassett Furniture Industries announce their earnings?
Bassett Furniture Industries is scheduled to release their next quarterly earnings announcement on Wednesday, March, 29th 2017.
What are analysts saying about Bassett Furniture Industries stock?
Here are some recent quotes from research analysts about Bassett Furniture Industries stock:
According to Zacks Investment Research, "Bassett Furniture Industries, Inc. is a leading manufacturer and marketer of high quality, mid-priced home furnishings. With over one hundred and thirty Bassett Furniture Direct stores, Bassett has leveraged its brand name in furniture with a network of licensed and Company-owned stores that focus on providing consumers with a friendly and professional environment for buying furniture and accessories. The Company continues to sell its products to other retailers, in addition to the Company's dedicated retail store program. Bassett's retail strategy promotes affordable custom-built furniture that is ready for delivery in the home within thirty days. The stores also feature the latest on-trend furniture styles, more than one thousand upholstery fabrics, free in-home design visits, and coordinated decorating accessories. " (1/23/2017)
- Stifel Nicolaus analysts commented, "Bassett Furniture reported fourth quarter EPS of $0.47, which compared to our estimate of $0.43 and consensus of $0.44. Revenue declined about 1% to $113.8 million basically matching our estimate. Gross margin of 62.2% improved 166 bps from a year ago and was 200 bps higher than our estimate providing the upside to earnings." (1/20/2017)
Who owns Bassett Furniture Industries stock?
Bassett Furniture Industries' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include
ROYCE & ASSOCIATES LP
(9.16%), Royce & Associates LP (9.14%), Dimensional Fund Advisors LP (8.62%), Gamco Investors INC. ET AL (4.99%), Renaissance Technologies LLC (4.70%) and Gabelli Funds LLC (1.99%). Company insiders that own Bassett Furniture Industries stock include Bruce Cohenour, David C Baker, Howard H Haworth, Jack Leroy Hawn Jr, Jack Leroy Hawn, Jr, Jay R Hervey, John E Bassett III, John Michael Daniel, Kristina K Cashman, Mark S Jordan, Paul Fulton, Robert H Spilman Jr, Robert H Spilman, Jr, William C Wampler Jr and William C Warden Jr.
Who sold Bassett Furniture Industries stock? Who is selling Bassett Furniture Industries stock?
Bassett Furniture Industries' stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, GSA Capital Partners LLP, Gamco Investors INC. ET AL, Dimensional Fund Advisors LP, Teton Advisors Inc. and Federated Investors Inc. PA. Company insiders that have sold Bassett Furniture Industries stock in the last year include David C Baker, Jay R Hervey, John E Bassett III, John Michael Daniel and William C Wampler Jr.
Who bought Bassett Furniture Industries stock? Who is buying Bassett Furniture Industries stock?
Bassett Furniture Industries' stock was bought by a variety of institutional investors in the last quarter, including Royce & Associates LP, Bessemer Group Inc., Russell Investments Group Ltd., State Street Corp, Renaissance Technologies LLC, Two Sigma Investments LP, Gabelli Funds LLC and Raymond James Financial Services Advisors Inc.. Company insiders that have bought Bassett Furniture Industries stock in the last two years include David C Baker, Paul Fulton, Robert H Spilman, Jr and William C Warden Jr.
How do I buy Bassett Furniture Industries stock?
Shares of Bassett Furniture Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Bassett Furniture Industries stock cost?
One share of Bassett Furniture Industries stock can currently be purchased for approximately $27.40.