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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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Bassett Furniture Industries Stock Forecast, Price & News

-0.13 (-0.61 %)
(As of 02/26/2021 12:00 AM ET)
Today's Range
Now: $21.13
50-Day Range
MA: $21.61
52-Week Range
Now: $21.13
Volume57,718 shs
Average Volume89,132 shs
Market Capitalization$210.22 million
P/E RatioN/A
Dividend Yield2.35%
Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail Â-company-owned Stores, and Logistical Services. 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 28, 2020, it operated a network of 63 company-owned stores and 34 licensee-owned stores. It also provides shipping, and 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, Bassett galleries or design centers, mass merchants, and specialty stores, as well as sells its products online. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.
Bassett Furniture Industries logo


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Industry, Sector and Symbol

Industry Wood household furniture
Sub-IndustryHome Furnishings
Current SymbolNASDAQ:BSET
Year FoundedN/A



Sales & Book Value

Annual Sales$452.09 million
Cash Flow$1.95 per share
Book Value$17.67 per share


Net Income$-1,930,000.00


Market Cap$210.22 million
Next Earnings Date4/1/2021 (Estimated)


Overall MarketRank

1.59 out of 5 stars

Consumer Discretionary Sector

107th out of 570 stocks

Wood Household Furniture Industry

2nd out of 3 stocks

Analyst Opinion: 1.3Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -
-0.13 (-0.61 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Bassett Furniture Industries (NASDAQ:BSET) Frequently Asked Questions

Is Bassett Furniture Industries a buy right now?

2 Wall Street research 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. The consensus among Wall Street research analysts is that investors should "buy" Bassett Furniture Industries stock.
View analyst ratings for Bassett Furniture Industries
or view top-rated stocks.

What stocks does MarketBeat like better than Bassett Furniture Industries?

Wall Street analysts have given Bassett Furniture Industries a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Bassett Furniture Industries wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Bassett Furniture Industries?

Bassett Furniture Industries saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 237,900 shares, an increase of 38.0% from the December 31st total of 172,400 shares. Based on an average daily trading volume, of 82,100 shares, the short-interest ratio is presently 2.9 days. Currently, 2.6% of the company's shares are sold short.
View Bassett Furniture Industries' Short Interest

When is Bassett Furniture Industries' next earnings date?

Bassett Furniture Industries is scheduled to release its next quarterly earnings announcement on Thursday, April 1st 2021.
View our earnings forecast for Bassett Furniture Industries

How were Bassett Furniture Industries' earnings last quarter?

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) released its quarterly earnings results on Wednesday, January, 20th. The company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.20. The company earned $118.38 million during the quarter, compared to analysts' expectations of $118.60 million. Bassett Furniture Industries had a negative net margin of 5.80% and a negative trailing twelve-month return on equity of 0.63%.
View Bassett Furniture Industries' earnings history

How has Bassett Furniture Industries' stock been impacted by COVID-19 (Coronavirus)?

Bassett Furniture Industries' stock was trading at $7.73 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BSET shares have increased by 173.4% and is now trading at $21.13.
View which stocks have been most impacted by COVID-19

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 Friday, January 15th. Investors of record on Friday, February 12th will be given a dividend of $0.125 per share on Friday, February 26th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.37%. The ex-dividend date of this dividend is Thursday, February 11th.
View Bassett Furniture Industries' dividend history

Is Bassett Furniture Industries a good dividend stock?

Bassett Furniture Industries pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.35%. Bassett Furniture Industries does not yet have a strock track record of dividend growth. The dividend payout ratio of Bassett Furniture Industries is 111.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Bassett Furniture Industries will have a dividend payout ratio of 33.33% next year. This indicates that Bassett Furniture Industries will be able to sustain or increase its dividend.
View Bassett Furniture Industries' dividend history.

What price target have analysts set for BSET?

2 analysts have issued 12 month price objectives for Bassett Furniture Industries' shares. Their forecasts range from $5.00 to $26.00. On average, they anticipate Bassett Furniture Industries' stock price to reach $18.67 in the next year. This suggests that the stock has a possible downside of 11.7%.
View analysts' price targets for Bassett Furniture Industries
or view top-rated stocks among Wall Street analysts.

Who are Bassett Furniture Industries' key executives?

Bassett Furniture Industries' management team includes the following people:
  • Mr. Robert H. Spilman Jr., Pres, CEO & Chairman (Age 65, Pay $597.81k)
  • Mr. J. Michael Daniel, Sr. VP and Chief Financial & Admin. Officer (Age 59, Pay $323.79k)
  • Mr. John E. Bassett III, Sr. VP & Chief Operations Officer (Age 62, Pay $323.75k)
  • Mr. Bruce R. Cohenour, Sr. VP & Chief Sales Officer (Age 63, Pay $482.08k)
  • Mr. Jack Leroy Hawn Jr., Pres of Zenith Freight Lines (Age 67, Pay $351.5k)
  • Brian W. Claspell, VP & Chief Information Officer
  • Mr. Jay R. Hervey, VP, Gen. Counsel & Sec. (Age 61)
  • Peter D. Morrison, VP, VP of Communications & Chief Creative Officer
  • Edward H. White, VP of HR
  • Mr. Mark S. Jordan, Sr. VP of Upholstery (Age 67)

What is Rob Spilman Jr.'s approval rating as Bassett Furniture Industries' CEO?

89 employees have rated Bassett Furniture Industries CEO Rob Spilman Jr. on Glassdoor.com. Rob Spilman Jr. has an approval rating of 95% among Bassett Furniture Industries' employees. This puts Rob Spilman Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Bassett Furniture Industries' key competitors?

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."

Who are Bassett Furniture Industries' major shareholders?

Bassett Furniture Industries' stock is owned by a variety of retail and institutional investors. Top institutional investors include Gamco Investors INC. ET AL (8.55%), Dimensional Fund Advisors LP (8.07%), Renaissance Technologies LLC (5.84%), Foundry Partners LLC (2.54%), BlackRock Inc. (2.32%) and Gabelli Funds LLC (2.12%). Company insiders that own Bassett Furniture Industries stock include John R Belk, Mark S Jordan, Robert H Spilman Jr, William C Wampler 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 BlackRock Inc., Gamco Investors INC. ET AL, Renaissance Technologies LLC, Foundry Partners LLC, Hsbc Holdings PLC, GSA Capital Partners LLP, Gabelli Funds LLC, and Dimensional Fund Advisors LP.
View insider buying and selling activity for Bassett Furniture Industries
or view top insider-selling stocks.

Which major investors are buying Bassett Furniture Industries stock?

BSET stock was purchased by a variety of institutional investors in the last quarter, including Ancora Advisors LLC, ExodusPoint Capital Management LP, Bank of New York Mellon Corp, Sigma Planning Corp, Hodges Capital Management Inc., Public Employees Retirement System of Ohio, Russell Investments Group Ltd., and Citigroup Inc.. Company insiders that have bought Bassett Furniture Industries stock in the last two years include John R Belk, Robert H Spilman Jr, William C Wampler Jr, and William C Warden Jr.
View insider buying and selling activity for Bassett Furniture Industries
or or view top insider-buying stocks.

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 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 $21.13.

How much money does Bassett Furniture Industries make?

Bassett Furniture Industries has a market capitalization of $210.22 million and generates $452.09 million in revenue each year. The company earns $-1,930,000.00 in net income (profit) each year or $0.45 on an earnings per share basis.

How many employees does Bassett Furniture Industries have?

Bassett Furniture Industries employs 2,071 workers across the globe.

What is Bassett Furniture Industries' official website?

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

Where are Bassett Furniture Industries' headquarters?

Bassett Furniture Industries is headquartered at 3525 FAIRYSTONE PARK HIGHWAY, BASSETT VA, 24055.

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]

This page was last updated on 2/28/2021 by MarketBeat.com Staff

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