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

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$20.55 +0.15 (+0.74 %)
(As of 09/25/2018 04:00 PM ET)
Previous Close$20.40
Today's Range$20.17 - $20.70
52-Week Range$19.90 - $41.30
Volume53,900 shs
Average Volume40,498 shs
Market Capitalization$218.48 million
P/E Ratio13.01
Dividend Yield2.46%
Beta0.78
Bassett Furniture Industries logoBassett Furniture Industries, Incorporated manufactures, markets, and retails home furnishings in the United States. The company operates in three segments: Wholesale, Retail, and Logistical Services. It is involved in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned and licensee-owned Bassett Home Furnishings (BHF) retail stores, as well as independent furniture retailers; and wood and upholstery operations. As of November 25, 2017, the company operated a network of 60 company-owned stores and 30 licensee-owned stores. It also provides shipping, delivery, and warehousing services to customers in the furniture industry. In addition, the company owns and leases retail store properties. It also distributes its products through other multi-line furniture stores, Bassett galleries or design centers, specialty stores, and mass merchants. Bassett Furniture Industries was founded in 1902 and is based in Bassett, Virginia.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio1.99
Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio13.01
Forward P/E Ratio15.45
P/E GrowthN/A

Sales & Book Value

Annual Sales$452.50 million
Price / Sales0.49
Cash Flow$2.8502 per share
Price / Cash7.21
Book Value$17.83 per share
Price / Book1.15

Profitability

EPS (Most Recent Fiscal Year)$1.58
Net Income$18.25 million
Net Margins2.82%
Return on Equity7.93%
Return on Assets5.31%

Miscellaneous

Employees2,618
Outstanding Shares10,740,000
Market Cap$218.48 million

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 12th. Investors of record on Friday, August 10th will be given a dividend of $0.125 per share on Friday, August 24th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Thursday, August 9th. This is a boost from Bassett Furniture Industries's previous quarterly dividend of $0.11. View Bassett Furniture Industries' Dividend History.

How were Bassett Furniture Industries' earnings last quarter?

Bassett Furniture Industries Inc. (NASDAQ:BSET) posted its quarterly earnings results on Thursday, June, 28th. The company reported $0.40 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.40. The business earned $116 million during the quarter, compared to analyst estimates of $112.86 million. Bassett Furniture Industries had a net margin of 2.82% and a return on equity of 7.93%. During the same period in the prior year, the firm posted $0.54 EPS. 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, 27th 2018. View Earnings Estimates for Bassett Furniture Industries.

What price target have analysts set for BSET?

2 brokers have issued 12-month price targets for Bassett Furniture Industries' shares. Their predictions range from $33.00 to $33.00. On average, they expect Bassett Furniture Industries' share price to reach $33.00 in the next year. This suggests a possible upside of 60.6% from the stock's current price. View Analyst Price Targets for Bassett Furniture Industries.

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

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

Who are some of Bassett Furniture Industries' key competitors?

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 62)
  • Mr. J. Michael Daniel, CFO, Chief Accounting Officer & Sr. VP (Age 56)
  • Mr. Bruce R. Cohenour, Sr. VP of Sales & Merchandising (Age 60)
  • Mr. John E. Bassett III, Sr. VP of Wood (Age 59)
  • Mr. Mark S. Jordan, Sr. VP of Upholstery (Age 64)

Who are Bassett Furniture Industries' major shareholders?

Bassett Furniture Industries' stock is owned by a number of of retail and institutional investors. Top institutional investors include Royce & Associates LP (9.36%), Dimensional Fund Advisors LP (8.33%), Gamco Investors INC. ET AL (7.66%), BlackRock Inc. (6.87%), Renaissance Technologies LLC (6.70%) and Gabelli Funds LLC (2.47%). Company insiders that own Bassett Furniture Industries stock include Bruce Cohenour, David C Baker, Jay R Hervey, John E Bassett III, Kristina K Cashman, Mark S Jordan, Robert H Spilman, Jr and William C Warden Jr. View Institutional Ownership Trends for Bassett Furniture Industries.

Which major investors are selling Bassett Furniture Industries stock?

BSET stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Acadian Asset Management LLC, Algert Global LLC, Mackay Shields LLC, Alambic Investment Management L.P., California Public Employees Retirement System and Dimensional Fund Advisors LP. Company insiders that have sold Bassett Furniture Industries company stock in the last year include Bruce Cohenour, Jay R Hervey, John E Bassett III and Mark S Jordan. View Insider Buying and Selling for Bassett Furniture Industries.

Which major investors are buying Bassett Furniture Industries stock?

BSET stock was bought by a variety of institutional investors in the last quarter, including Gamco Investors INC. ET AL, Renaissance Technologies LLC, Gabelli Funds LLC, Millennium Management LLC, South State Corp, Teton Advisors Inc., Tower Research Capital LLC TRC and Trexquant Investment LP. 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 $20.55.

How big of a company is Bassett Furniture Industries?

Bassett Furniture Industries has a market capitalization of $218.48 million and generates $452.50 million in revenue each year. The company earns $18.25 million in net income (profit) each year or $1.58 on an earnings per share basis. Bassett Furniture Industries employs 2,618 workers across the globe.

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:  2.1 out of 5 (star star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  294
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 9/25/2018 by MarketBeat.com Staff

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