NASDAQ:DCOM

Dime Community Bancshares (DCOM) Stock Price, News & Analysis

$18.54
-0.85 (-4.38%)
(As of 04:15 PM ET)
Today's Range
$18.35
$19.20
50-Day Range
$17.50
$19.70
52-Week Range
$15.57
$27.91
Volume
261,500 shs
Average Volume
257,538 shs
Market Capitalization
$720.84 million
P/E Ratio
10.42
Dividend Yield
5.39%
Price Target
$25.88

Dime Community Bancshares MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
39.6% Upside
$25.88 Price Target
Short Interest
Healthy
4.96% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.56mentions of Dime Community Bancshares in the last 14 days
Based on 11 Articles This Week
Insider Trading
Acquiring Shares
$622,564 Bought Last Quarter
Proj. Earnings Growth
57.47%
From $1.74 to $2.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.88 out of 5 stars

Finance Sector

147th out of 859 stocks

National Commercial Banks Industry

22nd out of 86 stocks

DCOM stock logo

About Dime Community Bancshares Stock (NASDAQ:DCOM)

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans. In addition, the company invests in Federal Home Loan Bank, Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further, it offers certificate of deposit account registry services and insured cash sweep programs; federal deposit insurance corporation insurance; merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts; investment products and services through a third-party broker dealer; and title insurance broker services for small and medium sized businesses, and municipal and consumer relationships. The company was founded in 1910 and is headquartered in Hauppauge, New York.

DCOM Stock Price History

DCOM Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Q1 2024 Dime Community Bancshares Inc Earnings Call
Dime Community: Q1 Earnings Snapshot
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
Dime Community Bancshares (NASDAQ:DCOM) Shares Up 3.9%
Dime Community Bancshares Inc
Dime Bolsters C&I Middle Market Lending Operations
Dime Continues Sponsorship for Sunrise Day Camp
See More Headlines
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Company Calendar

Last Earnings
1/26/2024
Ex-Dividend for 4/24 Dividend
4/16/2024
Dividend Payable
4/24/2024
Today
4/25/2024
Next Earnings (Estimated)
7/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Thrifts & Mortgage Finance
Current Symbol
NASDAQ:DCOM
CUSIP
25392210
Employees
851
Year Founded
1864

Price Target and Rating

Average Stock Price Target
$25.88
High Stock Price Target
$28.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+36.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$96.09 million
Pretax Margin
16.52%

Debt

Sales & Book Value

Annual Sales
$645.57 million
Cash Flow
$2.90 per share
Book Value
$28.88 per share

Miscellaneous

Free Float
34,874,000
Market Cap
$738.72 million
Optionable
Optionable
Beta
1.02

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Key Executives

  • Mr. Kenneth J. Mahon (Age 73)
    Executive Chairman
    Comp: $104.5k
  • Mr. Stuart H. Lubow (Age 66)
    CEO, COO, President & Director
    Comp: $2.33M
  • Mr. Avinash Reddy (Age 40)
    Senior EVP, CFO & Principal Accounting Officer
    Comp: $1.15M
  • Ms. Patricia M. Schaubeck Esq. (Age 63)
    Executive VP, General Counsel & Secretary
    Comp: $720.47k
  • Mr. Conrad J. Gunther Jr. (Age 78)
    Senior EVP & Chief Lending Officer
    Comp: $1.06M
  • Mr. Michael J. Fegan (Age 57)
    Senior EVP and Chief Technology & Operations Officer
  • Mr. Mario Caracappa
    EVP, Director of Treasury Management of Sales & Service
  • Mr. Austin Stonitsch (Age 67)
    Executive VP & Chief Human Resources Officer
  • Mr. Michael A. Perez (Age 55)
    Executive VP & Chief Retail Officer
  • Mr. Christopher J. PorzeltMr. Christopher J. Porzelt (Age 56)
    Executive VP & Chief Risk Officer

DCOM Stock Analysis - Frequently Asked Questions

Should I buy or sell Dime Community Bancshares stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Dime Community Bancshares in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DCOM shares.
View DCOM analyst ratings
or view top-rated stocks.

What is Dime Community Bancshares' stock price target for 2024?

3 Wall Street research analysts have issued 12-month price objectives for Dime Community Bancshares' shares. Their DCOM share price targets range from $23.00 to $28.00. On average, they anticipate the company's stock price to reach $25.88 in the next year. This suggests a possible upside of 39.6% from the stock's current price.
View analysts price targets for DCOM
or view top-rated stocks among Wall Street analysts.

How have DCOM shares performed in 2024?

Dime Community Bancshares' stock was trading at $26.93 at the beginning of 2024. Since then, DCOM shares have decreased by 31.2% and is now trading at $18.54.
View the best growth stocks for 2024 here
.

Are investors shorting Dime Community Bancshares?

Dime Community Bancshares saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 1,930,000 shares, a decline of 14.2% from the March 31st total of 2,250,000 shares. Based on an average trading volume of 272,600 shares, the short-interest ratio is currently 7.1 days.
View Dime Community Bancshares' Short Interest
.

When is Dime Community Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024.
View our DCOM earnings forecast
.

How were Dime Community Bancshares' earnings last quarter?

Dime Community Bancshares, Inc. (NASDAQ:DCOM) posted its quarterly earnings data on Friday, January, 26th. The savings and loans company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.09. The savings and loans company earned $167.63 million during the quarter, compared to the consensus estimate of $81.01 million. Dime Community Bancshares had a net margin of 11.46% and a trailing twelve-month return on equity of 7.76%. During the same period last year, the firm earned $0.99 EPS.

How often does Dime Community Bancshares pay dividends? What is the dividend yield for Dime Community Bancshares?

Dime Community Bancshares declared a quarterly dividend on Thursday, March 28th. Investors of record on Wednesday, April 17th will be given a dividend of $0.25 per share on Wednesday, April 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.39%. The ex-dividend date of this dividend is Tuesday, April 16th.
Read our dividend analysis for DCOM
.

Is Dime Community Bancshares a good dividend stock?

Dime Community Bancshares (NASDAQ:DCOM) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.15%. DCOM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 56.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCOM will have a dividend payout ratio of 36.50% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DCOM.

What is Kenneth J. Mahon's approval rating as Dime Community Bancshares' CEO?

6 employees have rated Dime Community Bancshares Chief Executive Officer Kenneth J. Mahon on Glassdoor.com. Kenneth J. Mahon has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Dime Community Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Dime Community Bancshares investors own include Mondi (MNDI), Pfizer (PFE), Verizon Communications (VZ), Nektar Therapeutics (NKTR), AT&T (T), Wells Fargo & Company (WFC), AbbVie (ABBV), Bristol-Myers Squibb (BMY) and Chesapeake Energy (CHKAQ).

Who are Dime Community Bancshares' major shareholders?

Dime Community Bancshares' stock is owned by many different institutional and retail investors. Top institutional investors include Polaris Capital Management LLC (1.09%), Hennessy Advisors Inc. (0.17%), SeaCrest Wealth Management LLC (0.07%), Hennion & Walsh Asset Management Inc. (0.03%) and GAMMA Investing LLC (0.01%). Insiders that own company stock include Basswood Capital Management, L, Christopher J Porzelt, Kenneth J Mahon, Paul M Aguggia and Raymond A Nielsen.
View institutional ownership trends
.

How do I buy shares of Dime Community Bancshares?

Shares of DCOM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DCOM) was last updated on 4/25/2024 by MarketBeat.com Staff

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