Dime Community Bancshares Stock Price, News & Analysis (NASDAQ:DCOM) $20.48 +0.48 (+2.40%) (As of 11/29/2023 ET) Add Compare Share Share Today's Range$20.32▼$20.8250-Day Range$17.90▼$21.2052-Week Range$15.57▼$36.51Volume129,655 shsAverage Volume176,477 shsMarket Capitalization$795.03 millionP/E Ratio7.04Dividend Yield4.88%Price Target$28.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Dime Community Bancshares MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside37.9% Upside$28.25 Price TargetShort InterestBearish3.71% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$6.05 M Bought Last QuarterProj. Earnings Growth-17.60%From $2.67 to $2.20 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.94 out of 5 starsFinance Sector53rd out of 834 stocksNational Commercial Banks Industry8th out of 80 stocks 3.5 Analyst's Opinion Consensus RatingDime Community Bancshares has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $28.25, Dime Community Bancshares has a forecasted upside of 37.9% from its current price of $20.48.Amount of Analyst CoverageDime Community Bancshares has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.71% of the outstanding shares of Dime Community Bancshares have been sold short.Short Interest Ratio / Days to CoverDime Community Bancshares has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.Change versus previous monthShort interest in Dime Community Bancshares has recently decreased by 4.00%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipDime Community Bancshares is a leading dividend payer. It pays a dividend yield of 4.97%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDime Community Bancshares has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Dime Community Bancshares is 34.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Dime Community Bancshares will have a dividend payout ratio of 45.45% next year. This indicates that Dime Community Bancshares will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DCOM. Previous Next 2.7 News and Social Media Coverage News SentimentDime Community Bancshares has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Dime Community Bancshares this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for DCOM on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dime Community Bancshares insiders have bought 6,099.14% more of their company's stock than they have sold. Specifically, they have bought $6,047,884.00 in company stock and sold $97,560.00 in company stock.Percentage Held by Insiders15.30% of the stock of Dime Community Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions72.25% of the stock of Dime Community Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Dime Community Bancshares are expected to decrease by -17.60% in the coming year, from $2.67 to $2.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dime Community Bancshares is 7.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Dime Community Bancshares is 7.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.81.Price to Book Value per Share RatioDime Community Bancshares has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Dime Community Bancshares Stock (NASDAQ:DCOM)Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition, it 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, the company 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, as well as SBA loans, commercial lines of credit, and letters of credit. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.Read More DCOM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DCOM Stock News HeadlinesOctober 26, 2023 | finance.yahoo.comInstitutional owners may consider drastic measures as Dime Community Bancshares, Inc.'s (NASDAQ:DCOM) recent US$51m drop adds to long-term lossesOctober 20, 2023 | markets.businessinsider.comD.A. Davidson Reaffirms Their Buy Rating on Dime Community Bancshares (DCOM)November 30, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 20, 2023 | finance.yahoo.comQ3 2023 Dime Community Bancshares Inc Earnings CallOctober 20, 2023 | finance.yahoo.comDime Community Bancshares, Inc. (NASDAQ:DCOM) Q3 2023 Earnings Call TranscriptOctober 19, 2023 | finance.yahoo.comDime Community (DCOM) Q3 Earnings Beat EstimatesOctober 19, 2023 | finance.yahoo.comDime Community Bancshares Inc (DCOM) Reports Q3 2023 Earnings: Net Income Drops Amidst Growth ...October 19, 2023 | finance.yahoo.comDime Community Bancshares, Inc. Reports Third Quarter 2023 ResultsNovember 30, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comOctober 18, 2023 | benzinga.comEarnings Preview For Dime Community BancsharesOctober 16, 2023 | finance.yahoo.comDime Community Bancshares Inc's Dividend AnalysisOctober 5, 2023 | finance.yahoo.comDime Community Bancshares to Release Earnings on October 19, 2023September 29, 2023 | finance.yahoo.comDime Community Bancshares (NASDAQ:DCOM) shareholders have endured a 31% loss from investing in the stock a year agoSeptember 28, 2023 | stockhouse.comDime Community Bancshares Inc. Appoints Judith H. Germano to its Board of DirectorsSeptember 28, 2023 | finance.yahoo.comDime Community Bancshares Inc. Announces Retirement of Marcia Z. Hefter from Board of DirectorsSeptember 28, 2023 | msn.comDime Community Bancshares: As Cheap As Its Name SuggestsSeptember 7, 2023 | finance.yahoo.comCan Value Investors Choose Dime Community Bancshares (DCOM) Stock?September 6, 2023 | benzinga.comKBRA Releases Surveillance Report for Dime Community Bancshares, Inc.August 31, 2023 | finance.yahoo.comNew York Jets Name Dime Community Bank Official Private Banking PartnerAugust 6, 2023 | finance.yahoo.comDime Community Bancshares, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This YearJuly 29, 2023 | finance.yahoo.comDime Community Bancshares, Inc. (NASDAQ:DCOM) Q2 2023 Earnings Call TranscriptJuly 29, 2023 | benzinga.comEarnings Outlook For Dime Community BancsharesJuly 28, 2023 | marketwatch.comDime Community Bancshares Names Stuart Lubow Next CEO >DCOMJuly 23, 2023 | fool.comDime Community Bancshares (NASDAQ: DCOM)July 5, 2023 | msn.comWhy I Sold Dime Community Bancshare's High Yielding Preferred SharesJune 20, 2023 | finance.yahoo.comKBRA Affirms Ratings for Dime Community Bancshares, Inc.June 20, 2023 | finance.yahoo.comKroll Bond Rating Agency Affirms Ratings for Dime Community Bancshares, Inc.See More Headlines Receive DCOM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Dime Community Bancshares and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 10/24 Dividend10/16/2023Ex-Dividend for 10/24 Dividend10/16/2023Last Earnings10/19/2023Dividend Payable10/24/2023Dividend Payable10/24/2023Today11/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/26/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNASDAQ:DCOM CUSIP25392210 CIK1005409 Webwww.dime.com Phone(718) 782-6200Fax631-537-1835Employees823Year Founded1864Price Target and Rating Average Stock Price Target$28.25 High Stock Price Target$35.00 Low Stock Price Target$23.00 Potential Upside/Downside+37.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.91 Trailing P/E Ratio7.04 Forward P/E Ratio7.67 P/E GrowthN/ANet Income$152.56 million Net Margins19.42% Pretax Margin27.02% Return on Equity12.14% Return on Assets0.96% Debt Debt-to-Equity Ratio1.22 Current Ratio1.05 Quick Ratio1.05 Sales & Book Value Annual Sales$477.38 million Price / Sales1.67 Cash Flow$4.41 per share Price / Cash Flow4.64 Book Value$28.02 per share Price / Book0.73Miscellaneous Outstanding Shares38,820,000Free Float32,881,000Market Cap$795.03 million OptionableOptionable Beta1.10 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Kenneth J. Mahon (Age 72)Executive Chairman Comp: $104.5kMr. Stuart H. Lubow (Age 65)CEO, COO, President & Director Comp: $2.33MMr. Avinash Reddy (Age 38)Senior EVP, CFO & Principal Accounting Officer Comp: $1.15MMs. Patricia M. Schaubeck Esq. (Age 62)Executive VP, General Counsel & Secretary Comp: $720.47kMr. Conrad J. Gunther Jr. (Age 77)Senior EVP & Chief Lending Officer Comp: $1.06MMr. Michael J. Fegan (Age 57)Senior EVP and Chief Technology & Operations Officer Ms. Julie Levy (Age 59)Executive VP & Chief Marketing Officer Mr. Mario CaracappaEVP, Director of Treasury Management of Sales & ServiceMr. Austin Stonitsch (Age 67)Executive VP & Chief Human Resources Officer Mr. Michael A. Perez (Age 54)Executive VP & Chief Retail Officer More ExecutivesKey CompetitorsOceanFirst FinancialNASDAQ:OCFCBanc of CaliforniaNYSE:BANCNorthwest BancsharesNASDAQ:NWBIWaFdNASDAQ:WAFDWSFS FinancialNASDAQ:WSFSView All CompetitorsInsiders & InstitutionsDeutsche Bank AGBought 2,736 shares on 11/24/2023Ownership: 0.041%Public Sector Pension Investment BoardSold 14,673 shares on 11/22/2023Ownership: 0.111%Comerica BankBought 15,844 shares on 11/21/2023Ownership: 0.041%Royal Bank of CanadaSold 4,757 shares on 11/15/2023Ownership: 0.061%The Manufacturers Life Insurance Company Sold 563 shares on 11/15/2023Ownership: 0.036%View All Insider TransactionsView All Institutional Transactions DCOM Stock Analysis - Frequently Asked Questions Should I buy or sell Dime Community Bancshares stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Dime Community Bancshares in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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? 2 analysts have issued 12-month price targets for Dime Community Bancshares' shares. Their DCOM share price targets range from $23.00 to $35.00. On average, they predict the company's share price to reach $28.25 in the next twelve months. This suggests a possible upside of 37.9% 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 2023? Dime Community Bancshares' stock was trading at $31.83 at the beginning of the year. Since then, DCOM stock has decreased by 35.7% and is now trading at $20.48. View the best growth stocks for 2023 here. When is Dime Community Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, January 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 results on Thursday, October, 19th. The savings and loans company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.01. The savings and loans company had revenue of $165.77 million for the quarter, compared to analysts' expectations of $86.65 million. Dime Community Bancshares had a trailing twelve-month return on equity of 12.14% and a net margin of 19.42%. During the same period last year, the company earned $0.95 EPS. How often does Dime Community Bancshares pay dividends? What is the dividend yield for Dime Community Bancshares? 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 annualized dividend and a dividend yield of 4.88%. The ex-dividend date is Monday, October 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 4.97%. 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 34.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCOM will have a dividend payout ratio of 45.45% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for DCOM. What ETFs hold Dime Community Bancshares' stock? 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). 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 a variety of institutional and retail investors. Top institutional shareholders include Brown Advisory Inc. (1.98%), Boston Partners (1.78%), Polaris Capital Management LLC (1.15%), Bank of New York Mellon Corp (1.03%), Northern Trust Corp (1.02%) and Ameriprise Financial Inc. (1.00%). Insiders that own company stock include Basswood Capital Management, L, Basswood Partners, LLC, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. 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