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BSET News and Press, Bassett Furniture Industries Incorporated From 12/14/20

Stock Information

Company Name: Bassett Furniture Industries Incorporated
Stock Symbol: BSET
Market: NASDAQ
Website: bassettfurniture.com

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BSET - Hooker Furniture: Surging Orders And Backlog, 7x P/E And 22% Cash Equal 55% Upside

Hooker had a record EPS of $0.84 for the fiscal third quarter, soundly beating expectations. Based on these very encouraging earnings, we have revised our price target to $51.40, representing 55% total return potential. Backlogs were up a staggering 88%, and Incoming orders were u...

BSET - Bassett: Special Dividend On Strong Sales And Orders

$0.25 special dividend announced on Dec. 4. Wholesale orders and shipments increased YoY by 26% and 9%, respectively. Record backlog levels, strong cash balance of $4.82/share (27% of the current stock price), and 9.4% FCF yield on FY21. Bassett continues to be a beneficiary o...

BSET - Kimball International: Taking Their Swing

After surviving the worst of the pandemic profitably, and getting no credit for their fortress-like balance sheet, Kimball International has made a big acquisition. The purchase of Poppin appears to be an opportunistic one that could change the profile of the furniture maker. Whil...

BSET - Bassett Furniture declares $0.25 dividend

Bassett Furniture (BSET) declares $0.25/share special dividend.Payable Dec. 22; for shareholders of record Dec. 14; ex-div Dec. 11.See BSET Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Bassett Furniture declares $0.25 dividend

BSET - Bassett Announces Declaration of Special Dividend

BASSETT, Va., Dec. 04, 2020 (GLOBE NEWSWIRE) -- Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has declared a special dividend of $0.25 per share of common stock, payable on December 22, 2020 to shareholders of record at the close of business o...

BSET - Flexsteel: 17% FCF Yield, Record 5-Year High EPS And Backlog On Strong Housing Market

Flexsteel strong housing beneficiary; 52% stock upside. Stellar Sept. quarter: 60% order growth with record backlog of $89 million (3 months of sales). Two-year restructuring over, pure play housing company now at inflection point. The company has an FCF yield of 17% on 0...

BSET - Sidoti Virtual Microcap Investor Conference

Presentation Times and Weblinks Released for Over 60 Presenting Companies Today: Thursday, November 19, 2020 NEW YORK, NY / ACCESSWIRE / November 19, 2020 / Sidoti & Company, LLC proudly releases the presentation schedule, with weblink click-throughs, for today's Virtual Microc...

BSET - Ethan Allen Probably Needs To Invest In CRM

A record of revenue declines increases the risk to investors as competition mounts and peers expand their operations. Product data errors on ETH website not only confuse customers but point to a weak customer relationship management "CRM". The cyclical nature of ETH and the potent...

BSET - Bassett: Sept. Orders +39% YoY, Reinstates $0.50 Dividend (3.3% Yield) On Strong Furniture Demand

Bassett reinstated its dividend to a $0.50 annual payout, very much in line with our expectations. Company reports very strong September wholesale order growth of 39% YoY. Bassett is trading much below 5-year highs making it a value buy with greater upside [unlike many of its peer...

BSET - Bassett Furniture increased dividend to $0.125

Bassett Furniture (BSET) declares $0.125/share quarterly dividend, 56.3% increase from prior dividend of $0.080.Forward yield 3.04%Payable Nov. 27; for shareholders of record Nov. 13; ex-div Nov. 12.See BSET Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: ...

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