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

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$18.98 +0.48 (+2.59 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$18.50
Today's Range$18.40 - $19.01
52-Week Range$18.10 - $34.95
Volume59,000 shs
Average Volume30,578 shs
Market Capitalization$199.97 million
P/E Ratio19.57
Dividend Yield2.70%
Beta0.65
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. As of January 17, 2019, it operated a network of 100 company- and 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; and distributes its products through other multi-line furniture stores, Bassett galleries or design centers, specialty stores, and mass merchants. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.

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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$2.2462 per share
Book Value$17.89 per share

Profitability

Net Income$8.21 million

Miscellaneous

Employees2,574
Market Cap$199.97 million
OptionableOptionable

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 announced a quarterly dividend on Thursday, January 17th. Investors of record on Friday, February 15th will be given a dividend of $0.125 per share on Friday, March 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend is Thursday, February 14th. View Bassett Furniture Industries' Dividend History.

How were Bassett Furniture Industries' earnings last quarter?

Bassett Furniture Industries Inc. (NASDAQ:BSET) announced its earnings results on Thursday, January, 17th. The company reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.36 by $0.19. The firm had revenue of $116.65 million for the quarter, compared to the consensus estimate of $118.84 million. Bassett Furniture Industries had a return on equity of 5.42% and a net margin of 1.80%. 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 Wednesday, March 27th 2019. View Earnings Estimates for Bassett Furniture Industries.

What price target have analysts set for BSET?

2 brokerages have issued 12 month price objectives for Bassett Furniture Industries' shares. Their predictions 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 10.6% 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.

Has Bassett Furniture Industries been receiving favorable news coverage?

News coverage about BSET stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bassett Furniture Industries earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

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 63)
  • Mr. J. Michael Daniel, CFO, Chief Accounting Officer & Sr. VP (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 variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.55%), Gamco Investors INC. ET AL (8.40%), BlackRock Inc. (7.48%), Royce & Associates LP (6.06%), Thomson Horstmann & Bryant Inc. (2.99%) and Bank of New York Mellon Corp (1.29%). Company insiders that own Bassett Furniture Industries stock include Bruce Cohenour, David C Baker, Jay R Hervey, John E Bassett III, John R Belk, Kristina K Cashman, Mark S Jordan and Robert H Spilman, 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 Royce & Associates LP, Assenagon Asset Management S.A., Geode Capital Management LLC, Millennium Management LLC, Thomson Horstmann & Bryant Inc., Algert Global LLC, Dimensional Fund Advisors LP and Two Sigma Advisers LP. Company insiders that have sold Bassett Furniture Industries company stock in the last year include Jay R Hervey, John E Bassett III and Mark S Jordan. View Insider Buying and Selling for Bassett Furniture Industries.

Which institutional investors are buying Bassett Furniture Industries stock?

BSET stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Bank of New York Mellon Corp, North Star Investment Management Corp., Municipal Employees Retirement System of Michigan, LSV Asset Management, Alambic Investment Management L.P., Gamco Investors INC. ET AL and D. E. Shaw & Co. Inc.. 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 $18.98.

How big of a company is Bassett Furniture Industries?

Bassett Furniture Industries has a market capitalization of $199.97 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.

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:  145 (Vote Outperform)
Underperform Votes:  190 (Vote Underperform)
Total Votes:  335
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 2/15/2019 by MarketBeat.com Staff

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