Q2 2025 EPS Estimates for Bassett Furniture Industries, Incorporated (NASDAQ:BSET) Decreased by Sidoti Csr

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Equities researchers at Sidoti Csr dropped their Q2 2025 earnings per share estimates for shares of Bassett Furniture Industries in a research report issued to clients and 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 prior 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 Price Performance

Bassett Furniture Industries stock opened at $13.95 on Monday. Bassett Furniture Industries has a one year low of $12.10 and a one year high of $17.89. The firm has a market capitalization of $123.16 million, a P/E ratio of -8.06 and a beta of 1.69. The business has a fifty day moving average price of $13.74 and a 200-day moving average price of $13.86.

Bassett Furniture Industries (NASDAQ:BSET) last announced 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 return on equity of 3.40% and a negative net margin of 5.00%. The business had revenue of $75.62 million during the quarter, compared to analysts’ expectations of $78.63 million. During the same quarter in the previous year, the firm earned ($0.30) EPS.

Bassett Furniture Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be given a dividend of $0.20 per share. The ex-dividend date is Friday, November 15th. This represents a $0.80 dividend on an annualized basis and a yield of 5.73%. Bassett Furniture Industries’s payout ratio is -46.24%.

Insider Buying and Selling at Bassett Furniture Industries

In other Bassett Furniture Industries news, Director John R. Belk bought 3,847 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The shares were bought at an average cost of $12.70 per share, with a total value of $48,856.90. Following the completion of the purchase, the director now directly owns 41,047 shares of the company’s stock, valued at $521,296.90. This trade represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders have bought 5,324 shares of company stock worth $67,651 over the last 90 days. Corporate insiders own 7.10% of the company’s stock.

Hedge Funds Weigh In On Bassett Furniture Industries

A hedge fund recently raised its stake in Bassett Furniture Industries stock. Inspire Advisors LLC boosted its holdings in shares of Bassett Furniture Industries, Incorporated (NASDAQ:BSET) by 119.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,055 shares of the company’s stock after buying an additional 14,183 shares during the quarter. Inspire Advisors LLC owned approximately 0.30% of Bassett Furniture Industries worth $370,000 at the end of the most recent quarter. 54.40% of the stock is 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.