What is Sidoti’s Estimate for BSET FY2026 Earnings?

Bassett Furniture Industries, Incorporated (NASDAQ:BSET) – Research analysts at Sidoti upped their FY2026 EPS estimates for shares of Bassett Furniture Industries in a research note issued to investors on Thursday, October 1st. Sidoti analyst A. Lebiedzinski now anticipates that the company will earn $1.01 per share for the year, up from their previous estimate of $0.88. The consensus estimate for Bassett Furniture Industries’ current full-year earnings is $0.93 per share. Sidoti also issued estimates for Bassett Furniture Industries’ Q1 2027 earnings at $0.21 EPS, Q2 2027 earnings at $0.40 EPS, Q3 2027 earnings at $0.25 EPS, Q4 2027 earnings at $0.53 EPS, FY2027 earnings at $1.39 EPS, Q1 2028 earnings at $0.25 EPS, Q2 2028 earnings at $0.48 EPS, Q3 2028 earnings at $0.33 EPS and FY2028 earnings at $1.70 EPS.

Several other research analysts have also issued reports on BSET. Zacks Research lowered Bassett Furniture Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Weiss Ratings upgraded Bassett Furniture Industries from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 14th. Wall Street Zen raised Bassett Furniture Industries from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Freedom Broker upgraded Bassett Furniture Industries from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 1st. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Bassett Furniture Industries Stock Up 0.9%

Shares of Bassett Furniture Industries stock opened at $21.12 on Monday. The stock has a market cap of $182.69 million, a price-to-earnings ratio of 26.73, a P/E/G ratio of 1.41 and a beta of 0.72. Bassett Furniture Industries has a twelve month low of $13.17 and a twelve month high of $22.26. The company’s fifty day moving average is $18.83 and its 200 day moving average is $17.01.

Bassett Furniture Industries (NASDAQ:BSET) last released its quarterly earnings results on Wednesday, September 30th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.11. The firm had revenue of $82.84 million during the quarter, compared to the consensus estimate of $82.77 million. Bassett Furniture Industries had a net margin of 2.02% and a return on equity of 4.36%.

Institutional Trading of Bassett Furniture Industries

Institutional investors have recently bought and sold shares of the company. Aegis Financial Corp raised its position in shares of Bassett Furniture Industries by 4.4% in the 2nd quarter. Aegis Financial Corp now owns 550,413 shares of the company’s stock worth $9,753,000 after acquiring an additional 23,416 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Bassett Furniture Industries by 4.0% during the 1st quarter. Renaissance Technologies LLC now owns 304,161 shares of the company’s stock valued at $4,304,000 after purchasing an additional 11,700 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Bassett Furniture Industries during the 2nd quarter valued at about $3,032,000. Bank of New York Mellon Corp bought a new stake in shares of Bassett Furniture Industries during the 2nd quarter valued at about $1,274,000. Finally, Empowered Funds LLC acquired a new stake in Bassett Furniture Industries during the second quarter worth approximately $746,000. Institutional investors own 54.40% of the company’s stock.

Bassett Furniture Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 14th were issued a $0.20 dividend. The ex-dividend date was Friday, August 14th. This represents a $0.80 annualized dividend and a yield of 3.8%. Bassett Furniture Industries’s payout ratio is presently 101.27%.

About Bassett Furniture Industries

Bassett Furniture Industries, Incorporated is a home furnishings company headquartered in Bassett, Virginia. Founded in 1902, the company designs, manufactures, sources and markets furniture and related products for residential customers.

Bassett’s product offerings include upholstered furniture, bedroom and dining furniture, occasional tables, home office products, mattresses, outdoor furniture and home accessories. The company is known for customizable furniture programs that allow customers to select upholstery fabrics, finishes and configurations.

The company sells its products through a network of Bassett Home Furnishings retail stores, its e-commerce operations and independent furniture retailers.