Bassett Furniture Industries Today
Bassett Furniture Manufacturing Company
As of 10/10/2025 at 04:00 PM ET
- 52 week range
- $13.58
▼
$19.75
- Dividend yield
- 5.14%
- P/E ratio
- 17.28
Al Basit Furniture Industries Nasdaq: BSET The third-quarter results underscore its strong position in an industry poised for a rebound. The furniture industry has struggled for many years as high interest rates stifled housing activity, but restrictions are beginning to ease. The Federal Open Market Committee has cut interest rates once already in 2025, and will likely do so twice more by the end of the year, and at least once again by the middle of next year, which could resolve the impasse in the housing market. However, lower prices will encourage non-moving consumers to improve their living conditions, providing a boost to the highly productive furniture and home furnishings industry.
Even then, third-quarter results reveal that growth continued for the second quarter and accelerated, indicating strength across the industry. Basset’s revenue grew 5.9%, 7.3% when adjusted for divestitures, and beat the MarketBeat consensus figure. Gains were seen in the wholesale and retail sectors, led by a 9.8% increase in retail trade and exacerbated by margin strength.
Margin strength is critical, as this company and this industry is known for Balance sheet health, cash flow and capital returns. There are one-offs in the mix, but strength is emerging nonetheless, including gains versus last year’s losses, driven by gross and operating margin improvements. The crucial detail is that adjusted earnings of 9 cents are well above last year’s loss of 52 cents, and are expected to remain positive in the coming quarters. Dividends are yielding an annualized rate of 5.12% as of early October.
Institutions are purchasing furniture inventory in 2025
MarketBeat data reveals that institutions will be buying furniture stocks in 2025. The data shows that institutional groups ranging from small private wealth managers to large fund-oriented firms are buying at a roughly 2-to-1 balance, and the activity is not limited to Bassett Furniture Industries. High-yielding peers, including Haverty Furniture New York Stock Exchange: HVT and Ethan Allen Interiors New York Stock Exchange: EDare also being accumulated at a strong pace, benefiting from strong market support driven by high levels of institutional ownership. Ethan Allen is the most retained at 84%, followed by 80% institutional interest in Haverty and a small but still significant 55% in Bassett.
The price action in BSET, HVT and ETD stocks is not strongly bullish but reflects that Strong market supportas institutional activity indicates. ETD is a market favorite, trading at a higher price point within its long-term trading range, although it has not been immune to the distress experienced in the furniture market. At worst, these stocks will hover near their current levels until the end of next year, pushing their high-yield dividends, while, at best, tailwinds in the housing market will lift market sentiment and earnings expectations, pushing these high-yield stocks to their long-term highs.
Bassett’s balance sheet is a castle
Bassett Furniture Manufacturing Dividend Payments
- Dividend yield
- 5.14%
- Annual profits
- $0.80
- Increasing track record profits
- 4 years
- Dividend distribution ratio
- 88.89%
- Recent dividend payment
- August 29
BSET Dividend Date
The company did not provide specific guidance but remained optimistic about activity despite the macroeconomic headwinds. Its US-based manufacturing footprint provides flexibility and enables it to introduce new products quickly, which drives growth. Among the latest efforts are the introduction and expansion of fully customizable product offerings, now available in nearly 60 locations, and a more robust omnichannel presence. In terms of business growth, the company does not expect it to rebound significantly until the housing market shows signs of recovery, but it expects margins to be maintained.
The only bad news in the report is that cash flow exceeds income. However, the imbalance is slight It is expected to decline in the coming quarters and return to surplus, perhaps in the back half of 2026, leaving the company in surplus. A financial situation similar to a castle. Basset’s balance sheet highlights from the third quarter include a decline in assets and liabilities associated with its divestitures, a subsequent step Slightly low equity, very low leverage, with total liabilities less than 1x equity and 0.5x assets.
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