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 Wall Street analysts have issued 1-year price objectives for Dime Community Bancshares' stock. Their DCOM share price forecasts range from $34.00 to $37.00. On average, they anticipate the company's share price to reach $35.33 in the next year. This suggests a possible upside of 54.2% 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 2023. Since then, DCOM stock has decreased by 28.0% and is now trading at $22.92.
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Dime Community Bancshares saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,610,000 shares, an increase of 5.2% from the February 28th total of 1,530,000 shares. Based on an average daily trading volume, of 160,200 shares, the short-interest ratio is currently 10.0 days.
View Dime Community Bancshares' Short Interest.

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 quarterly earnings data on Thursday, October, 28th. The savings and loans company reported $0.89 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.81 by $0.08. The savings and loans company earned $104.56 million during the quarter, compared to the consensus estimate of $100.18 million. Dime Community Bancshares had a net margin of 31.96% and a trailing twelve-month return on equity of 14.90%. During the same period in the prior year, the business earned $0.77 EPS.

Dime Community Bancshares announced a quarterly dividend on Thursday, March 9th. Shareholders of record on Monday, April 17th will be given a dividend of $0.25 per share on Monday, April 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date is Friday, April 14th. This is a positive change 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 Principal U.S. Small-Cap Adaptive Multi-Factor ETF (PLTL).

Dime Community Bancshares (NASDAQ:DCOM) pays an annual dividend of $0.96 per share and currently has a dividend yield of 4.08%. 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 24.81% 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 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 $22.92.

Dime Community Bancshares (NASDAQ:DCOM) has a market capitalization of $883.11 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.