Dime Community Bancshares - DCOM Stock Forecast, Price & News

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

3 analysts have issued 12-month target prices for Dime Community Bancshares' shares. Their DCOM share price forecasts range from $34.00 to $37.00. On average, they predict the company's stock price to reach $35.33 in the next twelve months. This suggests a possible upside of 54.1% 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 beginning of the year. Since then, DCOM shares have decreased by 28.0% and is now trading at $22.93.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our DCOM earnings forecast.

Dime Community Bancshares, Inc. (NASDAQ:DCOM) posted its earnings results on Thursday, October, 28th. The savings and loans company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.81 by $0.08. The savings and loans company had revenue of $104.56 million for the quarter, compared to analyst estimates of $100.18 million. Dime Community Bancshares had a trailing twelve-month return on equity of 14.90% and a net margin of 31.96%. During the same period in the previous year, the company posted $0.77 earnings per share.

Dime Community Bancshares declared a quarterly dividend on Thursday, March 9th. Stockholders of record on Monday, April 17th will be paid a dividend of $0.25 per share on Monday, April 24th. This represents a $1.00 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date is Friday, April 14th. This is an increase from the stock's previous quarterly dividend of $0.24.
Read our dividend analysis for DCOM.

ETFs with the largest weight of Dime Community Bancshares (NASDAQ:DCOM) stock in their portfolio include Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap Financials ETF (PSCF), iShares US Small Cap Value Factor ETF (SVAL), First Trust Small Cap Value AlphaDEX Fund (FYT) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF).

Dime Community Bancshares (NASDAQ:DCOM) pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.07%. 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 25.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCOM will have a dividend payout ratio of 24.24% 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), Primo Water (PRMW), 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."

Dime Community Bancshares' stock is owned by many different institutional and retail investors. Top institutional shareholders include T. Rowe Price Investment Management Inc. (7.25%), Dimensional Fund Advisors LP (6.66%), William Blair Investment Management LLC (2.93%), Brown Advisory Inc. (1.92%), Systematic Financial Management LP (1.84%) and Geode Capital Management LLC (1.61%). 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.
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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 $22.93.

Dime Community Bancshares (NASDAQ:DCOM) has a market capitalization of $883.49 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 $3.73 on an earnings per share basis.

The company employs 802 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.