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

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$19.80 -0.10 (-0.50 %)
(As of 12/13/2018 04:00 PM ET)
Previous Close$19.90
Today's Range$19.53 - $20.84
52-Week Range$18.86 - $40.30
Volume47,307 shs
Average Volume39,837 shs
Market Capitalization$210.32 million
P/E Ratio12.53
Dividend Yield2.53%
Beta0.86
Bassett 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
Current SymbolNASDAQ:BSET
Previous Symbol
CUSIP07020310
Phone276-629-6000

Debt

Debt-to-Equity RatioN/A
Current Ratio1.94
Quick Ratio1.06

Price-To-Earnings

Trailing P/E Ratio12.53
Forward P/E Ratio16.64
P/E GrowthN/A

Sales & Book Value

Annual Sales$452.50 million
Price / Sales0.47
Cash Flow$2.8245 per share
Price / Cash Flow7.01
Book Value$17.83 per share
Price / Book1.11

Profitability

EPS (Most Recent Fiscal Year)$1.58
Net Income$18.25 million
Net Margins2.47%
Return on Equity7.07%
Return on Assets4.71%

Miscellaneous

Employees2,618
Outstanding Shares10,640,000
Market Cap$210.32 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 declared a quarterly dividend on Thursday, October 4th. Stockholders of record on Friday, November 9th will be given a dividend of $0.125 per share on Friday, November 23rd. This represents a $0.50 annualized dividend and a dividend yield of 2.53%. The ex-dividend date is Thursday, November 8th. View Bassett Furniture Industries' Dividend History.

How were Bassett Furniture Industries' earnings last quarter?

Bassett Furniture Industries Inc. (NASDAQ:BSET) posted its earnings results on Thursday, September, 27th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.14. The company earned $112.96 million during the quarter. Bassett Furniture Industries had a return on equity of 7.07% and a net margin of 2.47%. 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, January 17th 2019. View Earnings Estimates for Bassett Furniture Industries.

What price target have analysts set for BSET?

2 analysts have issued 1-year target prices for Bassett Furniture Industries' shares. Their predictions range from $21.00 to $21.00. On average, they anticipate Bassett Furniture Industries' share price to reach $21.00 in the next twelve months. This suggests a possible upside of 6.1% 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?

Press coverage about BSET stock has trended somewhat positive on Thursday, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Bassett Furniture Industries earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

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 Dimensional Fund Advisors LP (8.49%), Gamco Investors INC. ET AL (8.20%), Renaissance Technologies LLC (7.27%), Royce & Associates LP (7.23%), BlackRock Inc. (7.09%) and Vanguard Group Inc. (4.60%). 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, Acadian Asset Management LLC, Thomson Horstmann & Bryant Inc., Alambic Investment Management L.P., Bank of New York Mellon Corp, Oppenheimer & Co. Inc., TIAA CREF Investment Management LLC and BB&T Corp. 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 Walthausen & Co. LLC, Assenagon Asset Management S.A., Renaissance Technologies LLC, Gamco Investors INC. ET AL, North Star Investment Management Corp., Algert Global LLC, Gabelli Funds LLC and Marshall Wace LLP. 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 $19.80.

How big of a company is Bassett Furniture Industries?

Bassett Furniture Industries has a market capitalization of $210.32 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:  2.2 out of 5 (star star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  180 (Vote Underperform)
Total Votes:  317
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 12/13/2018 by MarketBeat.com Staff

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