News headlines about Bassett Furniture Industries (NASDAQ:BSET) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bassett Furniture Industries earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.527138903847 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- Bassett Furniture Industries Inc. (BSET) SVP Sells $102,204.00 in Stock (americanbankingnews.com)
- Bassett Furniture Industries (BSET) Rating Lowered to Strong Sell at Zacks Investment Research (americanbankingnews.com)
- 13D Filing: GAMCO Investors and Bassett Furniture Industries Inc (BSET) (feedproxy.google.com)
- Bassett Furniture Industries (BSET) Downgraded by BidaskClub to “Strong Sell” (americanbankingnews.com)
Shares of BSET traded down $0.25 during midday trading on Thursday, reaching $30.05. 54,948 shares of the stock were exchanged, compared to its average volume of 44,853. Bassett Furniture Industries has a twelve month low of $26.30 and a twelve month high of $41.30. The company has a market capitalization of $326.96, a P/E ratio of 19.43 and a beta of 0.87.
The business also recently declared a quarterly dividend, which will be paid on Friday, May 25th. Investors of record on Friday, May 11th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend is Thursday, May 10th. Bassett Furniture Industries’s dividend payout ratio (DPR) is presently 27.85%.
A number of research firms have recently weighed in on BSET. BidaskClub downgraded Bassett Furniture Industries from a “hold” rating to a “sell” rating in a report on Saturday, December 9th. Stifel Nicolaus dropped their target price on Bassett Furniture Industries from $37.00 to $33.00 and set a “hold” rating for the company in a report on Thursday, March 29th. Finally, Zacks Investment Research raised Bassett Furniture Industries from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a report on Thursday, December 28th.
In related news, SVP Mark S. Jordan sold 3,400 shares of the business’s stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $30.06, for a total value of $102,204.00. Following the completion of the transaction, the senior vice president now owns 14,810 shares of the company’s stock, valued at $445,188.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 6.40% of the stock is owned by insiders.
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Bassett Furniture Industries Company Profile
Bassett Furniture Industries, Incorporated is a manufacturer, importer and retailer of home furnishings. The Company’s segments include Wholesale, Retail – Company-owned stores and Logistical services. Its wholesale home furnishings segment is involved in the design, manufacture, sourcing, sale and distribution of furniture products to a network of Bassett stores (licensee-owned stores and Company-owned stores) and independent furniture retailers.
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