NASDAQ:DCOM

Dime Community Bancshares Stock Forecast, Price & News

$17.25

-0.43 (-2.43 %)

(As of 01/20/2021 12:00 AM ET)

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Today's Range

$16.71

Now: $17.25▼

$17.64

50-Day Range

$15.24

MA: $16.28▼

$17.79

52-Week Range

$10.59

Now: $17.25▼

$20.25

Volume126,686 shs

Average Volume153,950 shs

Market Capitalization$570.08 million

P/E Ratio0.86

Dividend Yield3.17%

Beta1.12

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides commercial banking and financial services in New York. It offers deposit products, such as savings, money market, and interest bearing and non-interest-bearing checking accounts, as well as certificates of deposit. The company also offers residential and commercial real estate loans; commercial and industrial loans, such as lines of credit, revolving lines of credit, and term loans; one-to-four family residential and condominium/cooperative apartment loans; home equity and home improvement loans; equity lines of credit; acquisition, land development, and construction loans; small business administration loans; finance loans; and consumer loans. In addition, it manages and owns real estate; and invests in multifamily residential and commercial real estate loans, commercial and industrial loans, and one-to-four family residential real estate loans, as well as mortgage-backed securities. As of April 23, 2020, the company had 28 branches located throughout Brooklyn, Queens, the Bronx, Nassau, and Suffolk counties, New York. Dime Community Bancshares, Inc. was founded in 1864 and is headquartered in Brooklyn, New York.

MarketRank^™

Overall MarketRank^™

2.09 out of 5 stars

Finance Sector

186th out of 1,939 stocks

Federal Savings Institutions Industry

7th out of 112 stocks

1.3 Analyst's Opinion

Consensus Rating
Dime Community Bancshares has received a consensus rating of 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/Downside
According to analysts' consensus price target of $17.17, Dime Community Bancshares has a forecasted downside of 0.5% from its current price of $17.25.
Amount of Analyst Coverage
Dime Community Bancshares has received no research coverage in the past 90 days.

1.8 Community Rank

Outperform Votes
Dime Community Bancshares has received 193 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Dime Community Bancshares has received 357 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Dime Community Bancshares has received 64.91% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Dime Community Bancshares and other stocks. Vote “Outperform” if you believe DCOM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DCOM will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Dime Community Bancshares pays a meaningful dividend of 3.17%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Dime Community Bancshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Dime Community Bancshares is 51.85%. 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 25.45% next year. This indicates that Dime Community Bancshares will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Dime Community Bancshares insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 8.90% of the stock of Dime Community Bancshares is held by insiders.
Percentage Held by Institutions
71.78% 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.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Dime Community Bancshares are expected to grow by 51.72% in the coming year, from $1.45 to $2.20 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Dime Community Bancshares is 0.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Dime Community Bancshares is 0.86, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.01.
Price to Book Value per Share Ratio
Dime Community Bancshares has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Federal savings institutions

Sub-IndustryThrifts & Mortgage Finance

SectorFinance

Current SymbolNASDAQ:DCOM

Previous Symbol

CUSIP25392210

CIK1005409

Webwww.dime.com

Phone718-782-6200

Employees421

Debt

Debt-to-Equity Ratio2.27

Current Ratio1.31

Quick Ratio1.31

Price-To-Earnings

Trailing P/E Ratio0.86

Forward P/E Ratio11.90

P/E GrowthN/A

Sales & Book Value

Annual Sales$250.44 million

Price / Sales2.28

Cash Flow$1.20 per share

Price / Cash Flow14.38

Book Value$16.64 per share

Price / Book1.04

Profitability

EPS (Most Recent Fiscal Year)$1.08

Net Income$36.19 million

Net Margins17.14%

Return on Equity8.40%

Return on Assets0.75%

Miscellaneous

Outstanding Shares33,048,000

Market Cap$570.08 million

Next Earnings Date1/28/2021 (Estimated)

OptionableOptionable

$17.25

-0.43 (-2.43 %)

(As of 01/20/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Dime Community Bancshares (NASDAQ:DCOM) Frequently Asked Questions

How has Dime Community Bancshares' stock price been impacted by COVID-19 (Coronavirus)?

Dime Community Bancshares' stock was trading at $14.62 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DCOM stock has increased by 18.0% and is now trading at $17.25.
View which stocks have been most impacted by COVID-19.

Is Dime Community Bancshares a buy right now?

3 Wall Street 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 analysts is that investors should "buy" Dime Community Bancshares stock.
View analyst ratings for Dime Community Bancshares or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Dime Community Bancshares?

Wall Street analysts have given Dime Community Bancshares a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Dime Community Bancshares wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Doug Parker's approval rating as Dime Community Bancshares' CEO?

1,428 employees have rated Dime Community Bancshares CEO Doug Parker on Glassdoor.com. Doug Parker has an approval rating of 59% among Dime Community Bancshares' employees. This puts Doug Parker in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Dime Community Bancshares' next earnings date?

Dime Community Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, January 28th 2021.
View our earnings forecast for Dime Community Bancshares.

How were Dime Community Bancshares' earnings last quarter?

Dime Community Bancshares, Inc. (NASDAQ:DCOM) released its quarterly earnings data on Sunday, November, 1st. The savings and loans company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $0.11. The savings and loans company earned $51.09 million during the quarter, compared to the consensus estimate of $48.99 million. Dime Community Bancshares had a net margin of 17.14% and a return on equity of 8.40%.
View Dime Community Bancshares' earnings history.

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 Friday, January 8th. Shareholders of record on Friday, February 5th will be given a dividend of $0.24 per share on Friday, February 12th. This represents a $0.96 dividend on an annualized basis and a yield of 5.57%. The ex-dividend date is Thursday, February 4th. This is a boost from Dime Community Bancshares's previous quarterly dividend of $0.14.
View Dime Community Bancshares' dividend history.

Is Dime Community Bancshares a good dividend stock?

Dime Community Bancshares pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.17%. The dividend payout ratio of Dime Community Bancshares is 51.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Dime Community Bancshares will have a dividend payout ratio of 25.45% next year. This indicates that Dime Community Bancshares will be able to sustain or increase its dividend.
View Dime Community Bancshares' dividend history.

What price target have analysts set for DCOM?

3 brokers have issued 1 year target prices for Dime Community Bancshares' shares. Their forecasts range from $16.50 to $18.00. On average, they expect Dime Community Bancshares' share price to reach $17.17 in the next year. This suggests that the stock has a possible downside of 0.5%.
View analysts' price targets for Dime Community Bancshares or view Wall Street analyst' top-rated stocks.

Who are some of Dime Community Bancshares' key competitors?

Some companies that are related to Dime Community Bancshares include People's United Financial (PBCT), TFS Financial (TFSL), New York Community Bancorp (NYCB), MGIC Investment (MTG), Radian Group (RDN), LendingTree (TREE), Walker & Dunlop (WD), The Simply Good Foods (SMPL), WSFS Financial (WSFS), Washington Federal (WAFD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS), OceanFirst Financial (OCFC) and Brookline Bancorp (BRKL).
View all of DCOM's competitors.

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 plc (MNDI.L) (MNDI), Pfizer (PFE), Verizon Communications (VZ), Nektar Therapeutics (NKTR), (PRMW), AT&T (T), Wells Fargo & Company (WFC), AbbVie (ABBV), Bristol-Myers Squibb (BMY) and Chesapeake Energy (CHKAQ).

Who are Dime Community Bancshares' key executives?

Dime Community Bancshares' management team includes the following people:

Mr. Kenneth J. Mahon, CEO & Director (Age 70, Pay $1.13M)
Mr. Stuart H. Lubow, Pres (Age 63, Pay $685.42k)
Mr. Avinash Reddy, Sr. EVP, CFO & Head of Investor Relations (Age 37, Pay $504.37k)
Mr. James L. Rizzo, Sr. VP & Comptroller (Age 58, Pay $337.3k)
Mr. Conrad J. Gunther Jr., Exec. VP & Chief Lending Officer (Age 75, Pay $499.22k)
Ms. Leslie S. Veluswamy, Sr. VP & Chief Accounting Officer (Age 36)
Mr. Michael J. Fegan, Exec. VP & CTO (Age 55)
Ms. Patricia M. Schaubeck Esq., Exec. VP, Gen. Counsel & Sec. (Age 60)
Ms. Angela K. Blum-Finlay, Exec. VP & Chief HR Officer (Age 42)
Mr. Michael A. Perez, Exec. VP & Chief Retail Officer (Age 53)

What is Dime Community Bancshares' stock symbol?

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

Who are Dime Community Bancshares' major shareholders?

Dime Community Bancshares' stock is owned by many different institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%). Company insiders that own Dime Community Bancshares stock include Angela K Finlay, Avinash Reddy, Kenneth J Mahon, Kevin Stein, Rosemarie Chen, Steven D Cohn and Stuart H Lubow.
View institutional ownership trends for Dime Community Bancshares.

Which institutional investors are selling Dime Community Bancshares stock?

DCOM stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
View insider buying and selling activity for Dime Community Bancshares or view top insider-selling stocks.

How do I buy shares of Dime Community Bancshares?

Shares of DCOM 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.

What is Dime Community Bancshares' stock price today?

One share of DCOM stock can currently be purchased for approximately $17.25.

How big of a company is Dime Community Bancshares?

Dime Community Bancshares has a market capitalization of $570.08 million and generates $250.44 million in revenue each year. The savings and loans company earns $36.19 million in net income (profit) each year or $1.08 on an earnings per share basis. Dime Community Bancshares employs 421 workers across the globe.

What is Dime Community Bancshares' official website?

The official website for Dime Community Bancshares is www.dime.com.

How can I contact Dime Community Bancshares?

Dime Community Bancshares' mailing address is 300 CADMAN PLAZA WEST 8TH FL, BROOKLYN NY, 11201. The savings and loans company can be reached via phone at 718-782-6200 or via email at [email protected]

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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