News coverage about Bassett Furniture Industries (NASDAQ:BSET) has been trending somewhat positive on Wednesday, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bassett Furniture Industries earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.527138903847 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Bassett Announces Board Appointment (finance.yahoo.com)
- Zacks: Bassett Furniture Industries Inc. (BSET) Given $37.00 Average Price Target by Brokerages (americanbankingnews.com)
- Form 8-K BASSETT FURNITURE INDUST For: Mar 08 (streetinsider.com)
- Bassett Furniture Industries Inc. (BSET) to Issue Quarterly Dividend of $0.11 (americanbankingnews.com)
- Zacks: Analysts Set $37.00 Price Target for Bassett Furniture Industries Inc. (BSET) (americanbankingnews.com)
Several research analysts have issued reports on the stock. BidaskClub upgraded shares of Bassett Furniture Industries from a “strong sell” rating to a “sell” rating in a report on Saturday, February 17th. ValuEngine downgraded shares of Bassett Furniture Industries from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research raised shares of Bassett Furniture Industries from a “hold” rating to a “buy” rating and set a $45.00 price objective for the company in a research report on Thursday, December 28th.
Bassett Furniture Industries (NASDAQ:BSET) last announced its quarterly earnings data on Friday, January 19th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.06). The company had revenue of $118.23 million for the quarter, compared to analyst estimates of $118.22 million. Bassett Furniture Industries had a return on equity of 9.00% and a net margin of 4.03%. During the same period last year, the business earned $0.47 EPS. equities research analysts predict that Bassett Furniture Industries will post 1.72 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 25th. Stockholders of record on Friday, May 11th will be given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, May 10th. Bassett Furniture Industries’s dividend payout ratio (DPR) is 25.88%.
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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