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 year. 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.
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3 Wall Street research analysts have issued 1-year price objectives for Dime Community Bancshares' shares. Their DCOM share price forecasts range from $34.00 to $38.00. On average, they predict the company's share price to reach $36.33 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
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Dime Community Bancshares' stock was trading at $31.83 on January 1st, 2023. Since then, DCOM stock has decreased by 2.0% and is now trading at $31.18.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
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Dime Community Bancshares, Inc. (NASDAQ:DCOM) announced its quarterly 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 analysts' expectations of $100.18 million. Dime Community Bancshares had a net margin of 31.96% and a trailing twelve-month return on equity of 14.89%. During the same period last year, the firm earned $0.77 EPS.

Dime Community Bancshares announced a quarterly dividend on Tuesday, December 20th. Investors of record on Tuesday, January 17th will be given a dividend of $0.24 per share on Tuesday, January 24th. This represents a $0.96 annualized dividend and a dividend yield of 3.08%. The ex-dividend date is Friday, January 13th.
Read our dividend analysis for DCOM.

Dime Community Bancshares (NASDAQ:DCOM) pays an annual dividend of $0.96 per share and currently has a dividend yield of 3.03%. 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 24.30% 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 a number of retail and institutional investors. Top institutional investors include Capital Management Corp VA (0.76%), Phocas Financial Corp. (0.37%), New York State Common Retirement Fund (0.27%), Kestra Advisory Services LLC (0.12%), Comerica Bank (0.05%) and Carolina Wealth Advisors LLC (0.03%). 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 $31.18.

Dime Community Bancshares (NASDAQ:DCOM) has a market capitalization of $1.20 billion and generates $418.02 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.