NJ's $2.4B iGaming Boom: One Stock to Watch
The iGaming market is rewriting the rules, with New Jersey hitting $2.4B in revenue last year. One company stands out, delivering $2.13 for every $1 spent and expanding into lucrative markets.
Shares Stats
| Shares Outstanding | 8,730,000 |
| Shares Float | 7,360,000 |
| Shares Short | 40,000 |
| Insider Holdings | 1625% |
| Institution Holdings | 49.68% |
About Bassett Furniture Industries Inc
Bassett Furniture Industries, Incorporated, together with its subsidiaries, manufactures, markets, and retails home furnishings in the United States and internationally. It operates in three segments: Wholesale, Retail "Company-Owned Stores, and Corporate and Other. The company engages in the design, manufacture, sourcing, sale, and distribution of furniture products, including dining, bedroom and bedding, home decorations, rugs, and outdoor furniture to a network of company-owned retail stores, licensee-owned stores, and independent retailers. The company also distributes its products through multi-line furniture stores, including Bassett galleries or design centers, as well as sells online; and engages in wood and upholstery operations. In addition, it owns and leases land, retail store properties, warehouses, and distribution centers. Bassett Furniture Industries, Incorporated was founded in 1902 and is based in Bassett, Virginia.
General
| Name | Bassett Furniture Industries Inc |
| Ticker | BSET |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Furnishings, Fixtures & Appliances |
| Currency | USD |
| Country | USA |
| Fiscal Year End | November |
| Full Time Employees | 1,389 |
Highlights
| Analyst Target | 19.00 |
| Market Cap | 123,500,000 |
| PEG Ratio | 1.08 |
| EBITDA | 281,000 |
Financials
| Curr Year EPS Estimate | -0.79 |
| Profit Margin | -5.00% |
| Operating Margin | -2.80 |
| Return on Assets | -0.02 |
| Return on Equity | -0.10 |
| Revenue | 340.3M |
| Earnings Per Share | -1.95 |
| Revenue Per Share | 38.94 |
| Gross Profit | 183,134,000 |
| Quarterly Revenue Growth | -0.13 |
Valuation
| Forward PE | 17.33 |
| Price/Sales (Trailing 12 Mt.) | 0.36 |
| Price/Book (Most Recent Quarter) | 0.74 |
Dividend
Bassett Furniture Industries Inc pays out a dividend of $0.76 per share, with a dividend yield of 5.42%.
BSET's next dividend payment will be made to shareholders on February 28, 2025.
They pay out 0.00% of their earnings out as a dividend.
Recent Dividends
| Nov 29, 2024 | $0.20 |
| Aug 30, 2024 | $0.20 |
| May 31, 2024 | $0.18 |
| Mar 1, 2024 | $0.18 |
| Nov 24, 2023 | $0.18 |
| Aug 25, 2023 | $0.18 |
| May 26, 2023 | $0.16 |
| Feb 24, 2023 | $0.16 |
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