Bassett Furniture Industries, Incorporated Forecasted to Post Q2 2025 Earnings of $0.22 Per Share (NASDAQ:BSET)

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Analysts at Sidoti Csr cut their Q2 2025 earnings per share estimates for Bassett Furniture Industries in a note issued to investors on Wednesday, October 9th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of $0.22 per share for the quarter, down from their previous estimate of $0.32. The consensus estimate for Bassett Furniture Industries’ current full-year earnings is ($0.55) per share. Sidoti Csr also issued estimates for Bassett Furniture Industries’ Q3 2025 earnings at $0.23 EPS and FY2026 earnings at $1.35 EPS.

Bassett Furniture Industries (NASDAQ:BSET) last released its earnings results on Wednesday, October 9th. The company reported ($0.52) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.18). Bassett Furniture Industries had a negative net margin of 5.00% and a negative return on equity of 3.40%. The company had revenue of $75.62 million for the quarter, compared to the consensus estimate of $78.63 million. During the same quarter in the previous year, the company posted ($0.30) earnings per share.

Bassett Furniture Industries Stock Down 0.7 %

BSET stock opened at $13.85 on Monday. Bassett Furniture Industries has a 52 week low of $12.10 and a 52 week high of $17.89. The business has a 50-day simple moving average of $13.76 and a 200 day simple moving average of $13.85. The company has a market cap of $122.28 million, a PE ratio of -8.01 and a beta of 1.69.

Bassett Furniture Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.78%. The ex-dividend date of this dividend is Friday, November 15th. Bassett Furniture Industries’s payout ratio is presently -46.24%.

Insider Transactions at Bassett Furniture Industries

In other Bassett Furniture Industries news, Director John R. Belk purchased 3,847 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were bought at an average price of $12.70 per share, for a total transaction of $48,856.90. Following the purchase, the director now owns 41,047 shares in the company, valued at approximately $521,296.90. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders bought 5,324 shares of company stock valued at $67,651. Company insiders own 7.10% of the company’s stock.

Institutional Investors Weigh In On Bassett Furniture Industries

An institutional investor recently raised its position in Bassett Furniture Industries stock. Inspire Advisors LLC increased its position in shares of Bassett Furniture Industries, Incorporated (NASDAQ:BSET) by 8.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,872 shares of the company’s stock after acquiring an additional 880 shares during the period. Inspire Advisors LLC owned about 0.13% of Bassett Furniture Industries worth $175,000 at the end of the most recent reporting period. 54.40% of the stock is currently owned by institutional investors.

About Bassett Furniture Industries

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.