NASDAQ:BSET

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

$13.40
+0.38 (+2.92%)
(As of 04/23/2024 ET)
Today's Range
$13.11
$13.41
50-Day Range
$13.02
$15.87
52-Week Range
$13.02
$17.89
Volume
5,330 shs
Average Volume
17,181 shs
Market Capitalization
$118.32 million
P/E Ratio
N/A
Dividend Yield
5.37%
Price Target
N/A

Bassett Furniture Industries MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.41% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of Bassett Furniture Industries in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$14,670 Bought Last Quarter
Proj. Earnings Growth
374.19%
From $0.31 to $1.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.78 out of 5 stars

Consumer Discretionary Sector

94th out of 267 stocks

Wood Household Furniture Industry

1st out of 3 stocks

BSET stock logo

About Bassett Furniture Industries Stock (NASDAQ:BSET)

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.

BSET Stock Price History

BSET Stock News Headlines

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Bassett Announces Fiscal First Quarter Results
BSET Apr 2024 15.000 call
BSET Apr 2024 12.500 put
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Former Wall Street Insider and Professional Money Manager Reveals 4 Cryptos BETTER Than Bitcoin
Bassett Announces Regular Quarterly Dividend
BSET Mar 2024 17.500 call
Bassett Announces Fiscal Fourth Quarter Results
Bassett Furniture declares $0.18 dividend
Bassett Announces Regular Quarterly Dividend
Bassett Furniture Industries Inc BSET
Bassett Announces Regular Fourth Quarter Dividend
Bassett (BSET) to Post Q3 Earnings: What's in the Offing?
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Today
4/23/2024
Ex-Dividend for 5/31 Dividend
5/16/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
7/04/2024
Fiscal Year End
11/30/2024

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
-1.76%

Debt

Sales & Book Value

Annual Sales
$390.14 million
Cash Flow
$1.31 per share
Book Value
$20.80 per share

Miscellaneous

Free Float
8,202,000
Market Cap
$115.76 million
Optionable
Optionable
Beta
1.71
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Key Executives

  • Mr. Robert H. Spilman Jr. (Age 68)
    President, CEO & Chairman
    Comp: $481.1k
  • Mr. J. Michael Daniel (Age 62)
    Senior VP and Chief Financial & Administrative Officer
    Comp: $297.75k
  • Mr. John E. Bassett III (Age 65)
    Senior VP & Chief Operations Officer
    Comp: $296.92k
  • Mr. Bruce R. Cohenour (Age 66)
    Senior VP & Chief Sales Officer
    Comp: $413.42k
  • Brian W. Claspell
    VP & Chief Information Officer
  • Mr. Jay R. Hervey Esq. (Age 64)
    VP, Secretary & General Counsel
  • Peter D. Morrison
    VP, VP of Communications & Chief Creative Officer
  • Edward H. White
    Vice President of Human Resources
  • Mr. Mark S. Jordan (Age 70)
    Senior Vice President of Upholstery
    Comp: $222.17k
  • Kara Ann Kelchner-Strong
    Senior VP & Customer Experience Officer

BSET Stock Analysis - Frequently Asked Questions

Should I buy or sell Bassett Furniture Industries stock right now?

1 Wall Street research 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 research 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 2024?

Bassett Furniture Industries' stock was trading at $16.60 at the beginning of the year. Since then, BSET stock has decreased by 19.3% and is now trading at $13.40.
View the best growth stocks for 2024 here
.

Are investors shorting Bassett Furniture Industries?

Bassett Furniture Industries saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 33,300 shares, a decline of 25.2% from the March 15th total of 44,500 shares. Based on an average daily trading volume, of 17,500 shares, the short-interest ratio is currently 1.9 days. Currently, 0.4% of the shares of the company are short sold.
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 Thursday, July 4th 2024.
View our BSET earnings forecast
.

How were Bassett Furniture Industries' earnings last quarter?

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) posted its earnings results on Thursday, January, 25th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.21. The company had revenue of $94.70 million for the quarter, compared to analyst estimates of $90.61 million. Bassett Furniture Industries had a negative net margin of 1.57% and a negative trailing twelve-month return on equity of 0.64%.

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 Wednesday, March 6th. Shareholders of record on Friday, May 17th will be given a dividend of $0.18 per share on Friday, May 31st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date of this dividend is Thursday, May 16th.
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 5.49%. BSET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BSET.

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).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BSET) was last updated on 4/23/2024 by MarketBeat.com Staff

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