NASDAQ:BSET - Bassett Furniture Industries Stock Price, News & Analysis

$11.68
-0.69 (-5.58 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$11.64
Now: $11.68
$12.24
50-Day Range
$11.87
MA: $12.71
$13.44
52-Week Range
$11.64
Now: $11.68
$24.65
Volume46,053 shs
Average Volume36,487 shs
Market Capitalization$121.59 million
P/E Ratio12.04
Dividend Yield4.04%
Beta0.8
Bassett Furniture Industries, Incorporated manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail, and Logistical Services. The company engages in the design, manufacture, sourcing, distribution, and sale of furniture products to a network of company-owned and licensee-owned Bassett Home Furnishings retail stores, as well as independent furniture retailers; and wood and upholstery operations. Read More…

Industry, Sector and Symbol

Industry Wood household furniture
Sub-IndustryHome Furnishings
SectorConsumer Discretionary
Current SymbolNASDAQ:BSET
CUSIP07020310
Phone276-629-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$456.86 million
Cash Flow$2.0894 per share
Book Value$17.89 per share

Profitability

Net Income$8.21 million

Miscellaneous

Employees2,574
Market Cap$121.59 million
Next Earnings Date9/26/2019 (Estimated)
OptionableOptionable

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Bassett Furniture Industries (NASDAQ:BSET) Frequently Asked Questions

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 declared a quarterly dividend on Thursday, July 18th. Investors of record on Friday, August 16th will be given a dividend of $0.125 per share on Friday, August 30th. This represents a $0.50 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date is Thursday, August 15th. View Bassett Furniture Industries' Dividend History.

How were Bassett Furniture Industries' earnings last quarter?

Bassett Furniture Industries Inc. (NASDAQ:BSET) announced its quarterly earnings results on Tuesday, July, 2nd. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.24. The firm had revenue of $108.19 million for the quarter, compared to analysts' expectations of $115.39 million. Bassett Furniture Industries had a return on equity of 3.39% and a net margin of 1.29%. View Bassett Furniture Industries' Earnings History.

When is Bassett Furniture Industries' next earnings date?

Bassett Furniture Industries is scheduled to release their next quarterly earnings announcement on Thursday, September 26th 2019. View Earnings Estimates for Bassett Furniture Industries.

What price target have analysts set for BSET?

1 Wall Street analysts have issued twelve-month target prices for Bassett Furniture Industries' shares. Their forecasts range from $21.00 to $21.00. On average, they anticipate Bassett Furniture Industries' stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 79.8% from the stock's current price. View Analyst Price Targets for Bassett Furniture Industries.

What is the consensus analysts' recommendation for Bassett Furniture Industries?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bassett Furniture Industries in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Bassett Furniture Industries.

Has Bassett Furniture Industries been receiving favorable news coverage?

News coverage about BSET stock has trended positive this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Bassett Furniture Industries earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Bassett Furniture Industries.

Are investors shorting Bassett Furniture Industries?

Bassett Furniture Industries saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 68,200 shares, a decline of 5.4% from the June 30th total of 72,100 shares. Based on an average trading volume of 38,000 shares, the short-interest ratio is currently 1.8 days. Currently, 0.7% of the company's stock are sold short. View Bassett Furniture Industries' Current Options Chain.

Who are some of Bassett Furniture Industries' key competitors?

What other stocks do shareholders of Bassett Furniture Industries own?

Who are Bassett Furniture Industries' key executives?

Bassett Furniture Industries' management team includes the folowing people:
  • Mr. Robert H. Spilman Jr., Pres, CEO & Chairman (Age 63)
  • Mr. J. Michael Daniel, SVP & CFO (Age 57)
  • Mr. Bruce R. Cohenour, Sr. VP of Sales & Merchandising (Age 61)
  • Mr. John E. Bassett III, Sr. VP of Wood (Age 60)
  • Mr. Mark S. Jordan, Sr. VP of Upholstery (Age 65)

Who are Bassett Furniture Industries' major shareholders?

Bassett Furniture Industries' stock is owned by a number of of institutional and retail investors. Top institutional investors include Gamco Investors INC. ET AL (8.78%), BlackRock Inc. (7.54%), Renaissance Technologies LLC (7.31%), Vanguard Group Inc. (4.78%), THB Asset Management (2.96%) and Teton Advisors Inc. (2.50%). Company insiders that own Bassett Furniture Industries stock include Bruce Cohenour, Jay R Hervey, John E Bassett III, John R Belk, Mark S Jordan, Robert H Spilman Jr and William C Warden Jr. View Institutional Ownership Trends for Bassett Furniture Industries.

Which institutional investors are selling Bassett Furniture Industries stock?

BSET stock was sold by a variety of institutional investors in the last quarter, including Gabelli Funds LLC, Alambic Investment Management L.P., Citadel Advisors LLC, Wells Fargo & Company MN, Northern Trust Corp, Morgan Stanley and Invesco Ltd.. View Insider Buying and Selling for Bassett Furniture Industries.

Which institutional investors are buying Bassett Furniture Industries stock?

BSET stock was bought by a variety of institutional investors in the last quarter, including Westhampton Capital LLC, Renaissance Technologies LLC, Gamco Investors INC. ET AL, North Star Investment Management Corp., THB Asset Management, Teton Advisors Inc., Charles Schwab Investment Management Inc. and Strs Ohio. Company insiders that have bought Bassett Furniture Industries stock in the last two years include John R Belk, Robert H Spilman Jr and William C Warden Jr. View Insider Buying and Selling for Bassett Furniture Industries.

How do I buy shares of Bassett Furniture Industries?

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

What is Bassett Furniture Industries' stock price today?

One share of BSET stock can currently be purchased for approximately $11.68.

How big of a company is Bassett Furniture Industries?

Bassett Furniture Industries has a market capitalization of $121.59 million and generates $456.86 million in revenue each year. The company earns $8.21 million in net income (profit) each year or $0.97 on an earnings per share basis. Bassett Furniture Industries employs 2,574 workers across the globe.View Additional Information About Bassett Furniture Industries.

What is Bassett Furniture Industries' official website?

The official website for Bassett Furniture Industries is http://www.bassettfurniture.com/.

How can I contact Bassett Furniture Industries?

Bassett Furniture Industries' mailing address is 3525 FAIRYSTONE PARK HIGHWAY, BASSETT VA, 24055. The company can be reached via phone at 276-629-6000 or via email at [email protected]


MarketBeat Community Rating for Bassett Furniture Industries (NASDAQ BSET)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  183 (Thanks for Voting!)
Underperform Votes:  230 (Thanks for Voting!)
Total Votes:  413
MarketBeat's community ratings are surveys of what our community members think about Bassett Furniture Industries and other stocks. Vote "Outperform" if you believe BSET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BSET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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