NASDAQ:DCOM Dime Community Bancshares (DCOM) Stock Forecast, Price & News $19.03 -0.68 (-3.45%) (As of 10/3/2023 ET) Add Compare Share Share Today's Range$18.91▼$19.6550-Day Range$19.03▼$23.4452-Week Range$15.57▼$36.51Volume154,302 shsAverage Volume160,934 shsMarket Capitalization$738.93 millionP/E Ratio5.36Dividend Yield5.25%Price Target$29.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Dime Community Bancshares MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside53.7% Upside$29.25 Price TargetShort InterestHealthy3.76% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.88Based on 8 Articles This WeekInsider TradingAcquiring Shares$6.05 M Bought Last QuarterProj. Earnings Growth-6.27%From $2.71 to $2.54 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.3.17 out of 5 starsFinance Sector49th out of 867 stocksNational Commercial Banks Industry8th out of 85 stocks 3.3 Analyst's Opinion Consensus RatingDime Community Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.25, Dime Community Bancshares has a forecasted upside of 53.7% from its current price of $19.03.Amount of Analyst CoverageDime Community Bancshares has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.76% 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 9.2.Change versus previous monthShort interest in Dime Community Bancshares has recently decreased by 5.81%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipDime Community Bancshares is a leading dividend payer. It pays a dividend yield of 5.01%, 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 28.17%. 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 39.37% 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 3.3 News and Social Media Coverage News SentimentDime Community Bancshares has a news sentiment score of 0.88. 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 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Dime Community Bancshares this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for DCOM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added Dime Community Bancshares to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 -6.27% in the coming year, from $2.71 to $2.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dime Community Bancshares is 5.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Dime Community Bancshares is 5.36, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 61.48.Price to Book Value per Share RatioDime Community Bancshares has a P/B Ratio of 0.70. 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 (NASDAQ:DCOM) StockDime 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DCOM Stock News HeadlinesSeptember 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 DirectorsOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.September 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 PartnerOctober 4, 2023 | Wall Street Fundamentals (Ad)Would Buffett Approve of This Growth Strategy?Warren Buffett's approach has been to find and invest in undervalued businesses with strong potential for growth. Taking this approach to heart and applying it to a Trillion Dollar industry has proved itself in a big way...achieving an incredible 400+% growth during a down market.August 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.June 8, 2023 | msn.comThe Latest Analyst Ratings for Dime Community BancsharesJune 1, 2023 | benzinga.comMoody's Affirms Dime Community Bank's "A3" Deposit RatingMay 18, 2023 | msn.comPiper Sandler Maintains Dime Community Bancshares (DCOM) Overweight RecommendationMay 16, 2023 | finance.yahoo.comDime Names New Corporate TreasurerMay 1, 2023 | msn.comRaymond James Maintains Dime Community Bancshares (DCOM) Outperform RecommendationApril 28, 2023 | msn.comDime Community Bancshares GAAP EPS of $0.92 beats by $0.06, revenue of $94.75M misses by $5.98MApril 27, 2023 | msn.comA Preview Of Dime Community Bancshares's EarningsApril 7, 2023 | msn.comKeefe, Bruyette & Woods Maintains Dime Community Bancshares (DCOM) Outperform RecommendationMarch 11, 2023 | msn.comDime Community Bancshares (DCOM) Declares $0.25 DividendMarch 9, 2023 | finance.yahoo.comDime Community Bancshares Inc. Announces Increase in Common Stock DividendSee 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 DCOM Company Calendar Last Earnings7/28/2023Today10/04/2023Ex-Dividend for 10/24 Dividend10/16/2023Ex-Dividend for 10/24 Dividend10/16/2023Dividend Payable10/24/2023Dividend Payable10/24/2023Next Earnings (Estimated)10/27/2023Fiscal Year End12/31/2023Get 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 Forecast$29.25 High Stock Price Forecast$35.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside+53.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.55 Trailing P/E Ratio5.36 Forward P/E Ratio7.02 P/E GrowthN/ANet Income$152.56 million Net Margins25.09% Pretax Margin34.52% Return on Equity13.72% Return on Assets1.08% Debt Debt-to-Equity Ratio1.52 Current Ratio1.07 Quick Ratio1.07 Sales & Book Value Annual Sales$477.38 million Price / Sales1.55 Cash Flow$4.18 per share Price / Cash Flow4.55 Book Value$27.30 per share Price / Book0.70Miscellaneous Outstanding Shares38,830,000Free Float32,886,000Market Cap$738.93 million OptionableOptionable Beta1.10 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Kenneth J. Mahon (Age 72)Exec. Chairman Comp: $104.5kMr. Stuart H. Lubow (Age 65)CEO, COO, Pres & Director Comp: $2.33MMr. Avinash Reddy (Age 38)Sr. EVP, CFO & Principal Accounting Officer Comp: $1.15MMs. Patricia M. Schaubeck Esq. (Age 62)Exec. VP, Gen. Counsel & Sec. Comp: $720.47kMr. Conrad J. Gunther Jr. (Age 77)Sr. EVP & Chief Lending Officer Comp: $1.06MMr. Michael J. Fegan (Age 57)Sr. EVP and Chief Technology & Operations Officer Ms. Julie Levy (Age 59)Exec. VP & Chief Marketing Officer Mr. Mario CaracappaEVP, Director of Treasury Management of Sales & ServiceMr. Austin Stonitsch (Age 67)Exec. VP & Chief HR Officer Mr. Michael A. Perez (Age 54)Exec. VP & Chief Retail Officer More ExecutivesKey CompetitorsBanc of CaliforniaNYSE:BANCOceanFirst FinancialNASDAQ:OCFCNorthwest BancsharesNASDAQ:NWBIWashington FederalNASDAQ:WAFDWSFS FinancialNASDAQ:WSFSView All CompetitorsInsiders & InstitutionsBarclays PLCBought 33,471 shares on 9/21/2023Ownership: 0.170%Basswood Capital Management, LBought 50,638 shares on 9/8/2023Total: $1.05 M ($20.64/share)Christopher J PorzeltSold 4,500 sharesTotal: $97,560.00 ($21.68/share)Basswood Capital Management, LBought 231,286 shares on 8/30/2023Total: $5.00 M ($21.63/share)California State Teachers Retirement SystemBought 538 shares on 8/21/2023Ownership: 0.107%View All Insider TransactionsView All Institutional Transactions DCOM Stock - Frequently Asked Questions Should I buy or sell Dime Community Bancshares stock right now? 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. What is Dime Community Bancshares' stock price forecast for 2023? 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. How have DCOM shares performed in 2023? 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. View the best growth stocks for 2023 here. Are investors shorting Dime Community Bancshares? 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. When is Dime Community Bancshares' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023. View our DCOM earnings forecast. How were Dime Community Bancshares' earnings last quarter? 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. 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 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. 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). 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 5.07%. 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. 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). What is Dime Community Bancshares' stock symbol? Dime Community Bancshares trades on the NASDAQ under the ticker symbol "DCOM." 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. What is Dime Community Bancshares' stock price today? One share of DCOM stock can currently be purchased for approximately $19.03. How much money does Dime Community Bancshares make? 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. How many employees does Dime Community Bancshares have? The company employs 823 workers across the globe. How can I contact Dime Community Bancshares? 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. This page (NASDAQ:DCOM) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Dime Community Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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