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

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dime Community Bancshares in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DCOM shares.
View DCOM analyst ratings or view top-rated stocks.

3 Wall Street research analysts have issued twelve-month price objectives for Dime Community Bancshares' shares. Their DCOM share price forecasts range from $23.00 to $35.00. On average, they anticipate the company's stock price to reach $29.25 in the next year. This suggests a possible upside of 53.7% from the stock's current price.
View analysts price targets for DCOM or view top-rated stocks among Wall Street analysts.

Dime Community Bancshares' stock was trading at $31.83 at the start of the year. Since then, DCOM shares have decreased by 40.2% and is now trading at $19.03.
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Dime Community Bancshares saw a decrease in short interest in September. As of September 15th, there was short interest totaling 1,460,000 shares, a decrease of 5.8% from the August 31st total of 1,550,000 shares. Based on an average trading volume of 159,100 shares, the days-to-cover ratio is presently 9.2 days.
View Dime Community Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our DCOM earnings forecast.

Dime Community Bancshares, Inc. (NASDAQ:DCOM) announced its quarterly earnings results on Friday, July, 28th. The savings and loans company reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.59 by $0.09. The savings and loans company had revenue of $162.50 million for the quarter, compared to analysts' expectations of $87.52 million. Dime Community Bancshares had a trailing twelve-month return on equity of 13.72% and a net margin of 25.09%. During the same quarter in the prior year, the company earned $1.01 earnings per share.

Dime Community Bancshares announced a quarterly dividend on Thursday, September 28th. Stockholders of record on Tuesday, October 17th will be given a dividend of $0.25 per share on Tuesday, October 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.25%. The ex-dividend date is Monday, October 16th.
Read our dividend analysis for DCOM.

ETFs with the largest weight of Dime Community Bancshares (NASDAQ:DCOM) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT).First Trust Small Cap Core AlphaDEX Fund (FYX).

Dime Community Bancshares (NASDAQ:DCOM) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.07%. 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 28.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCOM will have a dividend payout ratio of 39.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DCOM.

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.

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).

Dime Community Bancshares trades on the NASDAQ under the ticker symbol "DCOM."

Shares of DCOM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DCOM stock can currently be purchased for approximately $19.03.

Dime Community Bancshares (NASDAQ:DCOM) has a market capitalization of $738.93 million and generates $477.38 million in revenue each year. The savings and loans company earns $152.56 million in net income (profit) each year or $3.55 on an earnings per share basis.

The company employs 823 workers across the globe.

Dime Community Bancshares' mailing address is 300 CADMAN PLAZA WEST 8TH FL, BROOKLYN NY, 11201. The official website for the company is www.dime.com. The savings and loans company can be reached via phone at (718) 782-6200, via email at areddy@dime.com, or via fax at 631-537-1835.