Bassett Furniture Industries (NASDAQ:BSET) issued its quarterly earnings data on Thursday. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.09), Bloomberg Earnings reports. The company had revenue of $113.64 million for the quarter, compared to analysts’ expectations of $115.30 million. Bassett Furniture Industries had a positive return on equity of 2.44% and a negative net margin of 0.43%.
Shares of NASDAQ:BSET opened at $14.10 on Friday. The company has a market capitalization of $154.08 million, a PE ratio of -70.50, a P/E/G ratio of 1.00 and a beta of 0.73. Bassett Furniture Industries has a twelve month low of $11.64 and a twelve month high of $20.90. The firm has a 50 day simple moving average of $16.28 and a 200-day simple moving average of $14.60.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.50 annualized dividend and a dividend yield of 3.55%. Bassett Furniture Industries’s dividend payout ratio is presently 111.11%.
Bassett Furniture Industries Company Profile
Bassett Furniture Industries, Incorporated manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail, and Logistical Services. The company engages in the design, manufacture, sourcing, distribution, and sale of furniture products to a network of company-owned and licensee-owned Bassett Home Furnishings retail stores, as well as independent furniture retailers; and wood and upholstery operations.
Featured Story: S&P/TSX Index
Receive News & Ratings for Bassett Furniture Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bassett Furniture Industries and related companies with MarketBeat.com's FREE daily email newsletter.