S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Sell every Stock except ONE (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Sell every Stock except ONE (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Sell every Stock except ONE (Ad)
S&P 500   4,210.24
DOW   33,309.51
QQQ   325.93
The How And Why of Investing in Oil Stocks
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
The How and Why of Investing in Gold Stocks
Workhorse Group Is Ready To Get Back On The Horse 
A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
Apple (AAPL) is making moves behind the scenes to prepare for a downturn... (Ad)
Trump says he took the Fifth in NY civil investigation
Closing prices for crude oil, gold and other commodities
Wall Street roars after inflation cools more than expected
Sell every Stock except ONE (Ad)
NASDAQ:DCOM

Dime Community Bancshares - DCOM Stock Forecast, Price & News

$34.32
+0.57 (+1.69%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.61
$34.45
50-Day Range
$28.73
$34.47
52-Week Range
$28.36
$38.35
Volume
92,146 shs
Average Volume
147,165 shs
Market Capitalization
$1.35 billion
P/E Ratio
9.86
Dividend Yield
2.84%
Price Target
$35.17

Dime Community Bancshares MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
2.5% Upside
$35.17 Price Target
Short Interest
Healthy
4.69% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.83mentions of Dime Community Bancshares in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$5.24 M Sold Last Quarter
Proj. Earnings Growth
8.45%
From $3.55 to $3.85 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Finance Sector

605th out of 904 stocks

National Commercial Banks Industry

63rd out of 86 stocks

DCOM stock logo

About Dime Community Bancshares (NASDAQ:DCOM) Stock

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; 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 of December 31, 2021, it operated 60 branch locations throughout Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Raymond James lowered Dime Community Bancshares from a "strong-buy" rating to an "outperform" rating and lowered their price target for the company from $41.00 to $34.00 in a research report on Thursday, July 7th. Piper Sandler cut their price target on shares of Dime Community Bancshares from $40.00 to $37.00 and set an "overweight" rating for the company in a report on Friday, June 3rd. Finally, Stephens downgraded shares of Dime Community Bancshares from an "overweight" rating to an "equal weight" rating and dropped their target price for the stock from $36.00 to $34.50 in a report on Monday, May 16th.

Dime Community Bancshares Trading Up 0.4 %

NASDAQ:DCOM opened at $33.75 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.20. The business has a fifty day simple moving average of $30.89 and a 200 day simple moving average of $32.64. The firm has a market capitalization of $1.32 billion, a P/E ratio of 9.70 and a beta of 1.08. Dime Community Bancshares has a 12 month low of $28.36 and a 12 month high of $38.35.

Dime Community Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 25th. Investors of record on Monday, July 18th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.84%. The ex-dividend date was Friday, July 15th. Dime Community Bancshares's dividend payout ratio (DPR) is presently 27.59%.

Insider Buying and Selling at Dime Community Bancshares

In other Dime Community Bancshares news, Director Basswood Capital Management, L sold 25,000 shares of the business's stock in a transaction that occurred on Wednesday, May 18th. The shares were sold at an average price of $29.25, for a total value of $731,250.00. Following the completion of the sale, the director now directly owns 69,545 shares of the company's stock, valued at $2,034,191.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Raymond A. Nielsen bought 1,798 shares of the stock in a transaction dated Tuesday, August 2nd. The shares were purchased at an average price of $34.18 per share, for a total transaction of $61,455.64. Following the completion of the purchase, the director now directly owns 37,392 shares of the company's stock, valued at $1,278,058.56. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Basswood Capital Management, L sold 25,000 shares of Dime Community Bancshares stock in a transaction dated Wednesday, May 18th. The stock was sold at an average price of $29.25, for a total value of $731,250.00. Following the sale, the director now owns 69,545 shares in the company, valued at approximately $2,034,191.25. The disclosure for this sale can be found here. Over the last three months, insiders sold 122,237 shares of company stock valued at $3,748,558. Corporate insiders own 15.30% of the company's stock.

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.

DCOM Stock News Headlines

Short Volatility Alert: Dime Community Bancshares, Inc.
Where Dime Community Bancshares Stands With Analysts
Dime Community Bancshares declares $0.24 dividend
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.

DCOM Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 7/25 Dividend
7/15/2022
Dividend Payable
7/25/2022
Today
8/10/2022
Next Earnings (Estimated)
11/04/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Thrifts & Mortgage Finance
Sector
Finance
Current Symbol
NASDAQ:DCOM
CUSIP
25392210
Employees
802
Year Founded
1864

Price Target and Rating

Average Stock Price Forecast
$35.17
High Stock Price Forecast
$37.00
Low Stock Price Forecast
$34.00
Forecasted Upside/Downside
+2.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$104 million
Pretax Margin
47.71%

Debt

Sales & Book Value

Annual Sales
$426.69 million
Cash Flow
$4.14 per share
Book Value
$26.60 per share

Miscellaneous

Free Float
33,240,000
Market Cap
$1.35 billion
Optionable
Optionable
Beta
1.08

Social Links


Key Executives

  • Mr. Kenneth J. Mahon (Age 71)
    Exec. Chairman
    Comp: $95.79k
  • Mr. Kevin M. O'Connor (Age 59)
    CEO & Director
    Comp: $6.86M
  • Mr. Stuart H. Lubow (Age 64)
    COO & Pres
    Comp: $2.72M
  • Mr. Avinash Reddy (Age 38)
    Sr. EVP & CFO
    Comp: $1.41M
  • Ms. Patricia M. Schaubeck Esq. (Age 61)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $767.18k
  • Mr. Conrad J. Gunther Jr. (Age 76)
    Sr. EVP & Chief Lending Officer
    Comp: $1.35M
  • Ms. Leslie S. Veluswamy (Age 37)
    Sr. VP & Chief Accounting Officer
  • Mr. Michael J. Fegan (Age 56)
    Exec. VP and Chief Technology & Operations Officer
  • Ms. Julie Levy (Age 58)
    Exec. VP & Chief Marketing Officer
  • Mr. Austin Stonitsch (Age 66)
    Exec. VP & Chief HR Officer













DCOM Stock - Frequently Asked Questions

Should I buy or sell Dime Community Bancshares stock 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" DCOM shares.
View DCOM analyst ratings
or view top-rated stocks.

What is Dime Community Bancshares' stock price forecast for 2022?

3 brokerages have issued twelve-month target prices for Dime Community Bancshares' stock. Their DCOM share price forecasts range from $34.00 to $37.00. On average, they expect the company's share price to reach $35.17 in the next year. This suggests a possible upside of 3.0% 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 2022?

Dime Community Bancshares' stock was trading at $35.16 at the beginning of 2022. Since then, DCOM shares have decreased by 2.9% and is now trading at $34.14.
View the best growth stocks for 2022 here
.

When is Dime Community Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, November 4th 2022.
View our DCOM earnings forecast
.

How were Dime Community Bancshares' earnings last quarter?

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 analysts' consensus estimates of $0.81 by $0.08. The savings and loans company had revenue of $104.56 million for the quarter, compared to the consensus estimate of $100.18 million. Dime Community Bancshares had a trailing twelve-month return on equity of 14.63% and a net margin of 34.01%. During the same period last year, the company earned $0.77 EPS.

How often does Dime Community Bancshares pay dividends? What is the dividend yield for Dime Community Bancshares?

Dime Community Bancshares declared a quarterly dividend on Thursday, June 30th. Stockholders of record on Monday, July 18th will be paid a dividend of $0.24 per share on Monday, July 25th. This represents a $0.96 annualized dividend and a dividend yield of 2.81%. The ex-dividend date is Friday, July 15th.
Read our dividend analysis for DCOM
.

Is Dime Community Bancshares a good dividend stock?

Dime Community Bancshares (NASDAQ:DCOM) pays an annual dividend of $0.96 per share and currently has a dividend yield of 2.86%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, DCOM will have a dividend payout ratio of 24.94% 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), Primo Water (PRMW), 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."

Who are Dime Community Bancshares' major shareholders?

Dime Community Bancshares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Brown Advisory Inc. (1.95%), Capital Management Corp VA (0.52%), Swiss National Bank (0.20%), Victory Capital Management Inc. (0.18%), New York State Teachers Retirement System (0.13%) and Ziegler Capital Management LLC (0.10%). Insiders that own company stock include Angela K Finlay, Avinash Reddy, Basswood Capital Management, L, Basswood Partners, LLC, Christopher J Porzelt, Kenneth J Mahon, Kevin Stein, Raymond A Nielsen, Rosemarie Chen, Steven D Cohn and Stuart H Lubow.
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.

What is Dime Community Bancshares' stock price today?

One share of DCOM stock can currently be purchased for approximately $34.14.

How much money does Dime Community Bancshares make?

Dime Community Bancshares (NASDAQ:DCOM) has a market capitalization of $1.34 billion and generates $426.69 million in revenue each year. The savings and loans company earns $104 million in net income (profit) each year or $3.48 on an earnings per share basis.

How many employees does Dime Community Bancshares have?

The company employs 802 workers across the globe.

When was Dime Community Bancshares founded?

Dime Community Bancshares was founded in 1864.

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 8/11/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.