Should I buy or sell Bassett Furniture Industries stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bassett Furniture Industries in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BSET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BSET, but not buy additional shares or sell existing shares. View BSET analyst ratings or view top-rated stocks .

How have BSET shares performed in 2024?

Bassett Furniture Industries' stock was trading at $16.60 at the beginning of 2024. Since then, BSET stock has decreased by 19.9% and is now trading at $13.29. View the best growth stocks for 2024 here .

Are investors shorting Bassett Furniture Industries?

Bassett Furniture Industries saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 33,300 shares, a decline of 25.2% from the March 15th total of 44,500 shares. Based on an average trading volume of 17,500 shares, the short-interest ratio is currently 1.9 days. Currently, 0.4% of the company's stock are sold short. View Bassett Furniture Industries' Short Interest .

When is Bassett Furniture Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024. View our BSET earnings forecast .

How were Bassett Furniture Industries' earnings last quarter?

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) announced its quarterly earnings data on Thursday, January, 25th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.21. The company had revenue of $94.70 million for the quarter, compared to analyst estimates of $90.61 million. Bassett Furniture Industries had a negative net margin of 1.57% and a negative trailing twelve-month return on equity of 0.64%.

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 Wednesday, March 6th. Stockholders of record on Friday, May 17th will be given a dividend of $0.18 per share on Friday, May 31st. This represents a $0.72 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend is Thursday, May 16th. Read our dividend analysis for BSET .

Is Bassett Furniture Industries a good dividend stock?

Bassett Furniture Industries (NASDAQ:BSET) pays an annual dividend of $0.72 per share and currently has a dividend yield of 5.35%. BSET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for BSET .

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

110 employees have rated Bassett Furniture Industries Chief Executive Officer Rob Spilman Jr. on Glassdoor.com . Rob Spilman Jr. has an approval rating of 95% among the company's employees. This puts Rob Spilman Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 74.0% of employees surveyed would recommend working at Bassett Furniture Industries to a friend.

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) .

How do I buy shares of Bassett Furniture Industries?

Shares of BSET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:BSET

Bassett Furniture Industries (BSET) Stock Price, News & Analysis

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$13.29

-0.03 (-0.23%)

(As of 04/18/2024 ET)

Compare

Today's Range: $13.02
▼
$13.49
50-Day Range: $13.29
▼
$15.87
52-Week Range: $13.02
▼
$17.89

Volume: 23,252 shs
Average Volume: 17,469 shs
Market Capitalization: $117.35 million

P/E Ratio: N/A
Dividend Yield: 5.42%
Price Target: N/A

Get Bassett Furniture Industries alerts:

Bassett Furniture Industries MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.41% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.95
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$14,670 Bought Last Quarter
Proj. Earnings Growth: 374.19%
From $0.31 to $1.47 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.98 out of 5 stars

Consumer Discretionary Sector

75th out of 250 stocks

Wood Household Furniture Industry

1st out of 3 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Bassett Furniture Industries.

5.0

Short Interest

Percentage of Shares Shorted
0.41% of the float of Bassett Furniture Industries has been sold short.
Short Interest Ratio / Days to Cover
Bassett Furniture Industries has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Bassett Furniture Industries has recently decreased by 25.17%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Bassett Furniture Industries is a leading dividend payer. It pays a dividend yield of 5.35%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Bassett Furniture Industries has only been increasing its dividend for 3 years.
Dividend Sustainability
Based on earnings estimates, Bassett Furniture Industries will have a dividend payout ratio of 48.98% next year. This indicates that Bassett Furniture Industries will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BSET.

2.7

News and Social Media Coverage

News Sentiment
Bassett Furniture Industries has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Bassett Furniture Industries this week, compared to 1 article on an average week.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bassett Furniture Industries insiders have bought more of their company's stock than they have sold. Specifically, they have bought $14,670.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.10% of the stock of Bassett Furniture Industries is held by insiders.
Percentage Held by Institutions
54.40% of the stock of Bassett Furniture Industries is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Bassett Furniture Industries are expected to grow by 374.19% in the coming year, from $0.31 to $1.47 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Bassett Furniture Industries is -19.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Bassett Furniture Industries is -19.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Bassett Furniture Industries has a PEG Ratio of 2.71. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Bassett Furniture Industries has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Bassett Furniture Industries Stock (NASDAQ:BSET)

Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers. The company also distributes its products through multi-line furniture stores, including Bassett galleries or design centers, as well as sells online; and engages in wood and upholstery operations. In addition, it owns and leases land, retail store properties, warehouses, and distribution centers. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.

BSET Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BSET Stock News Headlines

April 6, 2024 | insidertrades.com

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Director John Walter Mcdowell Acquires 1,000 Shares

April 18, 2024 | finance.yahoo.com

Does Bassett Furniture Industries, Incorporated (BSET) Have a Compelling Risk/Reward Opportunity?

April 18, 2024 | DTI (Ad)

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April 17, 2024 | msn.com

Bassett Furniture Industries (BSET) Price Target Decreased by 8.70% to 21.42

April 8, 2024 | americanbankingnews.com

Bassett Furniture Industries, Incorporated Expected to Post Q2 2024 Earnings of ($0.10) Per Share (NASDAQ:BSET)

April 5, 2024 | finance.yahoo.com

Bassett Furniture Industries Inc (BSET) Faces Sales Decline: A Look at Fiscal Q1 Earnings

April 3, 2024 | globenewswire.com

Bassett Announces Fiscal First Quarter Results

March 16, 2024 | finance.yahoo.com

BSET Apr 2024 15.000 call

April 18, 2024 | DTI (Ad)

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March 16, 2024 | finance.yahoo.com

BSET Apr 2024 12.500 put

March 7, 2024 | globenewswire.com

Bassett Announces Regular Quarterly Dividend

February 23, 2024 | benzinga.com

Bassett Furniture Indus Stock (NASDAQ:BSET) Earnings Dates and Earning Calls

February 18, 2024 | benzinga.com

Bassett Furniture Indus Stock (NASDAQ:BSET) Dividends: History, Yield and Dates

February 18, 2024 | finance.yahoo.com

BSET Mar 2024 17.500 call

January 25, 2024 | finanznachrichten.de

Bassett Furniture Industries, Incorporated: Bassett Announces Fiscal Fourth Quarter Results

January 25, 2024 | finance.yahoo.com

Bassett Furniture (BSET) Tops Q4 Earnings and Revenue Estimates

January 25, 2024 | finance.yahoo.com

Bassett Announces Fiscal Fourth Quarter Results

January 25, 2024 | finance.yahoo.com

Bassett Furniture Industries Inc (BSET) Reports Fiscal Q4 Earnings Amidst Market Challenges

January 11, 2024 | msn.com

Bassett Furniture declares $0.18 dividend

January 11, 2024 | finance.yahoo.com

Bassett Announces Regular Quarterly Dividend

January 3, 2024 | seekingalpha.com

Bassett Furniture Industries: Declining Financial Performance With More Pain Ahead

November 1, 2023 | morningstar.com

Bassett Furniture Industries Inc BSET

October 5, 2023 | finance.yahoo.com

Bassett Announces Regular Fourth Quarter Dividend

September 28, 2023 | finanznachrichten.de

Bassett Furniture Industries, Incorporated: Bassett Announces Fiscal Third Quarter Results

September 28, 2023 | finance.yahoo.com

Bassett Furniture (BSET) Reports Q3 Loss, Tops Revenue Estimates

September 27, 2023 | markets.businessinsider.com

Here's what Wall Street expects from Bassett Furniture Industries's earnings report

September 25, 2023 | finance.yahoo.com

Bassett (BSET) to Post Q3 Earnings: What's in the Offing?

See More Headlines

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Company Calendar

Last Earnings: 1/25/2024
Ex-Dividend for 3/1 Dividend: 2/15/2024
Dividend Payable: 3/01/2024
Today: 4/18/2024
Ex-Dividend for 5/31 Dividend: 5/16/2024
Dividend Payable: 5/31/2024
Next Earnings (Estimated): 7/04/2024
Fiscal Year End: 11/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Discretionary
Industry: Wood household furniture
Sub-Industry: Home Furnishings
Current Symbol: NASDAQ:BSET
CUSIP: 07020310
CIK: 10329
Web: www.bassettfurniture.com
Phone: (276) 629-6000
Fax: 276-629-6346
Employees: 1,389
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.67)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 42.87
P/E Growth: 2.71
Net Income: $-3,170,000.00
Net Margins: -1.57%
Pretax Margin: -1.76%
Return on Equity: -0.64%
Return on Assets: -0.33%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.04
Quick Ratio: 1.18

Sales & Book Value

Annual Sales: $390.14 million
Price / Sales: 0.30
Cash Flow: $1.30 per share
Price / Cash Flow: 10.24
Book Value: $20.46 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 8,830,000
Free Float: 8,202,000
Market Cap: $117.35 million
Optionable: Optionable
Beta: 1.71

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Key Executives

Mr. Robert H. Spilman Jr. (Age 68)
President, CEO & Chairman
Comp: $481.1k
Mr. J. Michael Daniel (Age 62)
Senior VP and Chief Financial & Administrative Officer
Comp: $297.75k
Mr. John E. Bassett III (Age 65)
Senior VP & Chief Operations Officer
Comp: $296.92k
Mr. Bruce R. Cohenour (Age 66)
Senior VP & Chief Sales Officer
Comp: $413.42k
Brian W. Claspell
VP & Chief Information Officer
Mr. Jay R. Hervey Esq. (Age 64)
VP, Secretary & General Counsel
Peter D. Morrison
VP, VP of Communications & Chief Creative Officer
Edward H. White
Vice President of Human Resources
Mr. Mark S. Jordan (Age 70)
Senior Vice President of Upholstery
Comp: $222.17k
Kara Ann Kelchner-Strong
Senior VP & Customer Experience Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BSET Stock Analysis - Frequently Asked Questions

Should I buy or sell Bassett Furniture Industries stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bassett Furniture Industries in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" BSET shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BSET, but not buy additional shares or sell existing shares.
View BSET analyst ratings or view top-rated stocks.
How have BSET shares performed in 2024?: Bassett Furniture Industries' stock was trading at $16.60 at the beginning of 2024. Since then, BSET stock has decreased by 19.9% and is now trading at $13.29.
View the best growth stocks for 2024 here.
Are investors shorting Bassett Furniture Industries?: Bassett Furniture Industries saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 33,300 shares, a decline of 25.2% from the March 15th total of 44,500 shares. Based on an average trading volume of 17,500 shares, the short-interest ratio is currently 1.9 days. Currently, 0.4% of the company's stock are sold short.
View Bassett Furniture Industries' Short Interest.
When is Bassett Furniture Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024.
View our BSET earnings forecast.
How were Bassett Furniture Industries' earnings last quarter?: Bassett Furniture Industries, Incorporated (NASDAQ:BSET) announced its quarterly earnings data on Thursday, January, 25th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.21. The company had revenue of $94.70 million for the quarter, compared to analyst estimates of $90.61 million. Bassett Furniture Industries had a negative net margin of 1.57% and a negative trailing twelve-month return on equity of 0.64%.
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 Wednesday, March 6th. Stockholders of record on Friday, May 17th will be given a dividend of $0.18 per share on Friday, May 31st. This represents a $0.72 annualized dividend and a dividend yield of 5.42%. The ex-dividend date of this dividend is Thursday, May 16th.
Read our dividend analysis for BSET.

Is Bassett Furniture Industries a good dividend stock?: Bassett Furniture Industries (NASDAQ:BSET) pays an annual dividend of $0.72 per share and currently has a dividend yield of 5.35%. BSET has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for BSET.
What is Rob Spilman Jr.'s approval rating as Bassett Furniture Industries' CEO?: 110 employees have rated Bassett Furniture Industries Chief Executive Officer Rob Spilman Jr. on Glassdoor.com. Rob Spilman Jr. has an approval rating of 95% among the company's employees. This puts Rob Spilman Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 74.0% of employees surveyed would recommend working at Bassett Furniture Industries to a friend.
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).
How do I buy shares of Bassett Furniture Industries?: Shares of BSET stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BSET) was last updated on 4/18/2024 by MarketBeat.com Staff

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Bassett Furniture Industries (BSET) Stock Price, News & Analysis

Bassett Furniture Industries MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Bassett Furniture Industries Stock (NASDAQ:BSET)

BSET Stock Price History

BSET Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

BSET Stock Analysis - Frequently Asked Questions

Overall MarketRank^™