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 .

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

$20.48

+0.48 (+2.40%)

(As of 11/29/2023 ET)

Compare

Today's Range: $20.32
▼
$20.82
50-Day Range: $17.90
▼
$21.20
52-Week Range: $15.57
▼
$36.51

Volume: 129,655 shs
Average Volume: 176,477 shs
Market Capitalization: $795.03 million

P/E Ratio: 7.04
Dividend Yield: 4.88%
Price Target: $28.25

Dime Community Bancshares MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 37.9% Upside
$28.25 Price Target
Short Interest: Bearish
3.71% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$6.05 M Bought Last Quarter
Proj. Earnings Growth: -17.60%
From $2.67 to $2.20 Per Share

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 stars

Finance Sector

53rd out of 834 stocks

National Commercial Banks Industry

8th out of 80 stocks

3.5

Analyst's Opinion

Consensus Rating
Dime 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/Downside
According 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 Coverage
Dime Community Bancshares has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.71% of the outstanding shares of Dime Community Bancshares have been sold short.
Short Interest Ratio / Days to Cover
Dime Community Bancshares has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.
Change versus previous month
Short interest in Dime Community Bancshares has recently decreased by 4.00%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Leadership
Dime 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 Growth
Dime Community Bancshares has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Dime Community Bancshares is 34.36%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based 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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DCOM.

2.7

News and Social Media Coverage

News Sentiment
Dime 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 Week
MarketBeat has tracked 1 news article for Dime Community Bancshares this week, compared to 1 article on an average week.
Search Interest
Only 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.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In 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 Insiders
15.30% 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 Institutions
72.25% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings 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 Market
The 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. Sector
The 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 Ratio
Dime 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.

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.

DCOM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DCOM Stock News Headlines

October 26, 2023 | finance.yahoo.com

Institutional owners may consider drastic measures as Dime Community Bancshares, Inc.'s (NASDAQ:DCOM) recent US$51m drop adds to long-term losses

October 20, 2023 | markets.businessinsider.com

D.A. Davidson Reaffirms Their Buy Rating on Dime Community Bancshares (DCOM)

November 30, 2023 | Autonomix (Ad)

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October 20, 2023 | finance.yahoo.com

Q3 2023 Dime Community Bancshares Inc Earnings Call

October 20, 2023 | finance.yahoo.com

Dime Community Bancshares, Inc. (NASDAQ:DCOM) Q3 2023 Earnings Call Transcript

October 19, 2023 | finance.yahoo.com

Dime Community (DCOM) Q3 Earnings Beat Estimates

October 19, 2023 | finance.yahoo.com

Dime Community Bancshares Inc (DCOM) Reports Q3 2023 Earnings: Net Income Drops Amidst Growth ...

October 19, 2023 | finance.yahoo.com

Dime Community Bancshares, Inc. Reports Third Quarter 2023 Results

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 18, 2023 | benzinga.com

Earnings Preview For Dime Community Bancshares

October 16, 2023 | finance.yahoo.com

Dime Community Bancshares Inc's Dividend Analysis

October 5, 2023 | finance.yahoo.com

Dime Community Bancshares to Release Earnings on October 19, 2023

September 29, 2023 | finance.yahoo.com

Dime Community Bancshares (NASDAQ:DCOM) shareholders have endured a 31% loss from investing in the stock a year ago

September 28, 2023 | stockhouse.com

Dime Community Bancshares Inc. Appoints Judith H. Germano to its Board of Directors

September 28, 2023 | finance.yahoo.com

Dime Community Bancshares Inc. Announces Retirement of Marcia Z. Hefter from Board of Directors

September 28, 2023 | msn.com

Dime Community Bancshares: As Cheap As Its Name Suggests

September 7, 2023 | finance.yahoo.com

Can Value Investors Choose Dime Community Bancshares (DCOM) Stock?

September 6, 2023 | benzinga.com

KBRA Releases Surveillance Report for Dime Community Bancshares, Inc.

August 31, 2023 | finance.yahoo.com

New York Jets Name Dime Community Bank Official Private Banking Partner

August 6, 2023 | finance.yahoo.com

Dime Community Bancshares, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

July 29, 2023 | finance.yahoo.com

Dime Community Bancshares, Inc. (NASDAQ:DCOM) Q2 2023 Earnings Call Transcript

July 29, 2023 | benzinga.com

Earnings Outlook For Dime Community Bancshares

July 28, 2023 | marketwatch.com

Dime Community Bancshares Names Stuart Lubow Next CEO >DCOM

July 23, 2023 | fool.com

Dime Community Bancshares (NASDAQ: DCOM)

July 5, 2023 | msn.com

Why I Sold Dime Community Bancshare's High Yielding Preferred Shares

June 20, 2023 | finance.yahoo.com

KBRA Affirms Ratings for Dime Community Bancshares, Inc.

June 20, 2023 | finance.yahoo.com

Kroll Bond Rating Agency Affirms Ratings for Dime Community Bancshares, Inc.

See More Headlines

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Company Calendar

Ex-Dividend for 10/24 Dividend: 10/16/2023
Ex-Dividend for 10/24 Dividend: 10/16/2023
Last Earnings: 10/19/2023
Dividend Payable: 10/24/2023
Dividend Payable: 10/24/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/26/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: National commercial banks
Sub-Industry: Thrifts & Mortgage Finance
Sector: Finance
Current Symbol: NASDAQ:DCOM
CUSIP: 25392210
CIK: 1005409
Web: www.dime.com
Phone: (718) 782-6200
Fax: 631-537-1835
Employees: 823
Year Founded: 1864

Price 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 Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.91
Trailing P/E Ratio: 7.04
Forward P/E Ratio: 7.67
P/E Growth: N/A
Net Income: $152.56 million
Net Margins: 19.42%
Pretax Margin: 27.02%
Return on Equity: 12.14%
Return on Assets: 0.96%

Debt

Debt-to-Equity Ratio: 1.22
Current Ratio: 1.05
Quick Ratio: 1.05

Sales & Book Value

Annual Sales: $477.38 million
Price / Sales: 1.67
Cash Flow: $4.41 per share
Price / Cash Flow: 4.64
Book Value: $28.02 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 38,820,000
Free Float: 32,881,000
Market Cap: $795.03 million
Optionable: Optionable
Beta: 1.10

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Key Executives

Mr. Kenneth J. Mahon (Age 72)
Executive Chairman
Comp: $104.5k
Mr. Stuart H. Lubow (Age 65)
CEO, COO, President & Director
Comp: $2.33M
Mr. Avinash Reddy (Age 38)
Senior EVP, CFO & Principal Accounting Officer
Comp: $1.15M
Ms. Patricia M. Schaubeck Esq. (Age 62)
Executive VP, General Counsel & Secretary
Comp: $720.47k
Mr. Conrad J. Gunther Jr. (Age 77)
Senior EVP & Chief Lending Officer
Comp: $1.06M
Mr. Michael J. Fegan (Age 57)
Senior EVP and Chief Technology & Operations Officer
Ms. Julie Levy (Age 59)
Executive VP & Chief Marketing 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 54)
Executive VP & Chief Retail Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View 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.

This page (NASDAQ:DCOM) was last updated on 11/30/2023 by MarketBeat.com Staff

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

Dime Community Bancshares MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Dime Community Bancshares Stock (NASDAQ:DCOM)

DCOM Stock Price History

DCOM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

DCOM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™