Press coverage about Bassett Furniture Industries (NASDAQ:BSET) has been trending positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bassett Furniture Industries earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.0898577827812 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

BSET has been the subject of several research reports. Zacks Investment Research upgraded 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. ValuEngine lowered shares of Bassett Furniture Industries from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Stifel Nicolaus reiterated a “hold” rating and set a $39.00 price objective (up previously from $36.00) on shares of Bassett Furniture Industries in a research report on Saturday, September 30th. Finally, BidaskClub lowered shares of Bassett Furniture Industries from a “hold” rating to a “sell” rating in a research report on Saturday, December 9th.

Shares of Bassett Furniture Industries (BSET) opened at $37.25 on Friday. Bassett Furniture Industries has a 12 month low of $24.90 and a 12 month high of $41.30. The firm has a market cap of $392.91, a price-to-earnings ratio of 21.78 and a beta of 1.05.

The company also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Friday, February 9th will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 1.18%. Bassett Furniture Industries’s dividend payout ratio is currently 25.73%.

In other news, insider Jay R. Hervey sold 650 shares of the stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $39.19, for a total value of $25,473.50. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider John E. Bassett III sold 2,000 shares of the stock in a transaction on Friday, October 20th. The shares were sold at an average price of $40.25, for a total transaction of $80,500.00. The disclosure for this sale can be found here. Corporate insiders own 6.40% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Bassett Furniture Industries (BSET) Getting Positive Press Coverage, Report Shows” was originally posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://theolympiareport.com/2018/01/13/bassett-furniture-industries-bset-getting-positive-press-coverage-report-shows.html.

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.

Insider Buying and Selling by Quarter for Bassett Furniture Industries (NASDAQ:BSET)

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.