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NASDAQ:BSET

Bassett Furniture Industries Stock Forecast, Price & News

$16.94
+0.12 (+0.71%)
(As of 12/8/2021 12:00 AM ET)
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Compare
Today's Range
$16.71
$17.10
50-Day Range
$15.18
$19.36
52-Week Range
$15.18
$37.00
Volume
26,556 shs
Average Volume
85,347 shs
Market Capitalization
$165.27 million
P/E Ratio
8.64
Dividend Yield
3.33%
Beta
1.77
30 days | 90 days | 365 days | Advanced Chart
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Bassett Furniture Industries logo

About Bassett Furniture Industries

Bassett Furniture Industries, Inc. engages in manufacturing, marketing and retailing home furnishings. It operates through the following segments: Wholesale, Retail, and Logistical Services. The Wholesale segment focuses on the design, manufacture, sourcing, sale and distribution of furniture products. The Retail segment consists of local furniture stores, regional furniture retailers, national department, chain stores and single-vendor branded retailers. The Logistical Services segment offers shipping, delivery, and warehousing services. The company was founded by John David Bassett, Sr. in 1902 and is headquartered in Bassett, VA.

Headlines

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Industry, Sector and Symbol

Industry
Wood household furniture
Sub-Industry
Home Furnishings
Current Symbol
NASDAQ:BSET
CUSIP
07020310
Employees
2,071
Year Founded
N/A

Sales & Book Value

Annual Sales
$385.86 million
Cash Flow
$2.16 per share
Book Value
$15.84 per share

Profitability

Net Income
$-10.42 million
Pretax Margin
5.85%

Debt

Price-To-Earnings

Miscellaneous

Free Float
9,083,000
Market Cap
$165.27 million
Optionable
Optionable

Company Calendar

Last Earnings
9/30/2021
Ex-Dividend
11/10/2021
Dividend Payable
11/26/2021
Today
12/08/2021
Next Earnings (Estimated)
1/20/2022
Fiscal Year End
11/30/2022

MarketRank

Overall MarketRank

3.07 out of 5 stars

Consumer Discretionary Sector

12th out of 387 stocks

Wood Household Furniture Industry

1st out of 3 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 4.4 5 -4 -3 -2 -1 -












Bassett Furniture Industries (NASDAQ:BSET) Frequently Asked Questions

Is Bassett Furniture Industries a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bassett Furniture Industries in the last year. There are currently 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.

How has Bassett Furniture Industries' stock price been impacted by Coronavirus?

Bassett Furniture Industries' stock was trading at $7.73 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BSET shares have increased by 119.1% and is now trading at $16.94.
View which stocks have been most impacted by COVID-19
.

When is Bassett Furniture Industries' next earnings date?

Bassett Furniture Industries is scheduled to release its next quarterly earnings announcement on Thursday, January 20th 2022.
View our earnings forecast for Bassett Furniture Industries
.

How were Bassett Furniture Industries' earnings last quarter?

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) posted its earnings results on Thursday, September, 30th. The company reported $0.31 earnings per share for the quarter, hitting analysts' consensus estimates of $0.31. The business had revenue of $118.91 million for the quarter, compared to analysts' expectations of $112.50 million. Bassett Furniture Industries had a trailing twelve-month return on equity of 12.30% and a net margin of 4.11%.
View Bassett Furniture Industries' earnings history
.

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, October 7th. Investors of record on Friday, November 12th will be given a dividend of $0.14 per share on Friday, November 26th. This represents a $0.56 annualized dividend and a dividend yield of 3.31%. The ex-dividend date is Wednesday, November 10th.
View Bassett Furniture Industries' dividend history
.

Is Bassett Furniture Industries a good dividend stock?

Bassett Furniture Industries pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.33%. Bassett Furniture Industries has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Bassett Furniture Industries is 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bassett Furniture Industries will have a dividend payout ratio of 26.29% 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?

1 brokerages have issued 12-month price objectives for Bassett Furniture Industries' stock. Their forecasts range from $26.00 to $32.00. On average, they expect Bassett Furniture Industries' share price to reach $29.00 in the next year. This suggests a possible upside of 71.2% from the stock's current price.
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:
  • Robert H. Spilman, Chairman, President & Chief Executive Officer
  • John E. Bassett, Chief Operating Officer & Senior Vice President
  • John Michael Daniel, Chief Financial & Administrative Officer, SVP
  • Brian W. Claspell, Chief Information Officer & Vice President
  • Bruce R. Cohenour, Chief Sales Officer & Senior Vice President

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 institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.03%), BlackRock Inc. (6.62%), Renaissance Technologies LLC (5.17%), Victory Capital Management Inc. (2.69%), Geode Capital Management LLC (1.68%) and Arrowstreet Capital Limited Partnership (1.11%). Company insiders that own Bassett Furniture Industries stock include David C Baker, John R Belk, 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 Foundry Partners LLC, Millennium Management LLC, Goldman Sachs Group Inc., California State Teachers Retirement System, Truist Financial Corp, Connor Clark & Lunn Investment Management Ltd., 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 bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Panagora Asset Management Inc., Arrowstreet Capital Limited Partnership, Two Sigma Advisers LP, Two Sigma Investments LP, Victory Capital Management Inc., Grantham Mayo Van Otterloo & Co. LLC, and Hodges Capital Management 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 $16.94.

How much money does Bassett Furniture Industries make?

Bassett Furniture Industries has a market capitalization of $165.27 million and generates $385.86 million in revenue each year. The company earns $-10.42 million in net income (profit) each year or $1.96 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, via email at [email protected], or via fax at 276-629-6346.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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