NASDAQ:DCOMDime Community Bancshares Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Dime Community Bancshares, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $15.27 -0.70 (-4.38 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's Range$15.09Now: $15.27▼$16.2450-Day Range$12.58MA: $14.83▼$17.2052-Week Range$11.43Now: $15.27▼$22.50Volume259,032 shsAverage Volume185,326 shsMarket Capitalization$508.57 millionP/E Ratio0.77Dividend Yield3.51%Beta1.11 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 multifamily 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 on multifamily residential and commercial real estate loans; acquisition, land development, and construction loans; small business administration loans; finance loans and leases; and consumer loans. In addition, it manages and owns real estate; sells non-Federal Deposit Insurance Corporation insured investment products; and invests in multifamily residential and commercial real estate loans. As of December 31, 2018, the company operated 29 full-service retail banking offices located throughout Brooklyn, Queens, the Bronx, Nassau County, and Suffolk County, New York. Dime Community Bancshares, Inc. was founded in 1864 and is headquartered in Brooklyn, New York.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingDime Community Bancshares has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.38, Dime Community Bancshares has a potential upside of 33.1% from its current price of $15.31.Amount of Analyst CoverageDime Community Bancshares has only been the subject of 2 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesDime Community Bancshares has received 188 “outperform” votes. (Add your “outperform” vote.)Underperform VotesDime Community Bancshares has received 341 “underperform” votes. (Add your “underperform” vote.)Community SentimentDime Community Bancshares has received 64.46% “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. Previous Next 3.3 Dividend Strength Dividend LeadershipDime Community Bancshares is a leading dividend payer. It pays a dividend yield of 3.85%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDime Community Bancshares does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Dime Community Bancshares is 51.85 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Dime Community Bancshares will have a dividend payout ratio of 42.11 % next year. This indicates that Dime Community Bancshares will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Dime Community Bancshares insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 8.90% of the stock of Dime Community Bancshares is held by insiders.Percentage Held by Institutions71.80% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Dime Community Bancshares are expected to grow by 8.13% in the coming year, from $1.23 to $1.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Dime Community Bancshares is 0.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.00.Price to Earnings Ratio vs. SectorThe P/E ratio of Dime Community Bancshares is 0.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.41.Price to Book Value per Share RatioDime Community Bancshares has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.38 out of 5 stars 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 Phone718-782-6200Debt Debt-to-Equity Ratio2.22 Current Ratio1.28 Quick Ratio1.28Price-To-Earnings Trailing P/E Ratio0.77 Forward P/E Ratio12.41 P/E GrowthN/A Sales & Book Value Annual Sales$250.44 million Price / Sales2.03 Cash Flow$1.29 per share Price / Cash Flow11.86 Book Value$17.22 per share Price / Book0.89Profitability EPS (Most Recent Fiscal Year)$1.08 Net Income$36.19 million Net Margins13.05% Return on Equity5.98% Return on Assets0.56%Miscellaneous Employees403 Outstanding Shares33,305,000Market Cap$508.57 million Next Earnings Date7/23/2020 (Estimated) OptionableOptionable NASDAQ:DCOM Rates by TradingView Receive DCOM News and Ratings via Email Sign-up to receive the latest news and ratings for DCOM and its competitors with MarketBeat's FREE daily newsletter. Dime Community Bancshares (NASDAQ:DCOM) Frequently Asked Questions How has Dime Community Bancshares' stock been impacted by COVID-19 (Coronavirus)? Dime Community Bancshares' stock was trading at $14.62 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DCOM shares have increased by 4.7% and is now trading at $15.31. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Dime Community Bancshares? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Dime Community Bancshares in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Dime Community Bancshares. When is Dime Community Bancshares' next earnings date? Dime Community Bancshares is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Dime Community Bancshares. How were Dime Community Bancshares' earnings last quarter? Dime Community Bancshares, Inc. (NASDAQ:DCOM) announced its quarterly earnings results on Tuesday, April, 28th. The savings and loans company reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.04. The savings and loans company had revenue of $44.76 million for the quarter, compared to the consensus estimate of $42.63 million. Dime Community Bancshares had a net margin of 13.05% and a return on equity of 5.98%. 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 Thursday, April 23rd. Shareholders of record on Wednesday, May 6th will be given a dividend of $0.14 per share on Wednesday, May 13th. This represents a $0.56 annualized dividend and a dividend yield of 3.66%. The ex-dividend date is Tuesday, May 5th. View Dime Community Bancshares' dividend history. What price target have analysts set for DCOM? 4 equities research analysts have issued 1 year price targets for Dime Community Bancshares' shares. Their forecasts range from $16.50 to $24.00. On average, they anticipate Dime Community Bancshares' stock price to reach $20.38 in the next year. This suggests a possible upside of 33.1% from the stock's current price. View analysts' price targets for Dime Community Bancshares. Has Dime Community Bancshares been receiving favorable news coverage? Headlines about DCOM stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Dime Community Bancshares earned a news sentiment score of 1.4 on InfoTrie's scale. They also gave media headlines about the savings and loans company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutDime Community Bancshares. Are investors shorting Dime Community Bancshares? Dime Community Bancshares saw a increase in short interest in May. As of May 15th, there was short interest totaling 626,300 shares, an increase of 13.3% from the April 30th total of 552,600 shares. Based on an average trading volume of 191,900 shares, the days-to-cover ratio is presently 3.3 days. Approximately 2.2% of the company's shares are sold short. View Dime Community Bancshares' Current Options Chain. Who are some of Dime Community Bancshares' key competitors? Some companies that are related to Dime Community Bancshares include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), Lendingtree (TREE), Radian Group (RDN), MGIC Investment (MTG), Washington Federal (WAFD), Simply Good Foods (SMPL), Capitol Federal Financial (CFFN), WSFS Financial (WSFS), EverBank Financial (EVER), Northwest Bancshares (NWBI), Walker & Dunlop (WD), OceanFirst Financial (OCFC) and Provident Financial Services (PFS). View all 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 (MNDI), Verizon Communications (VZ), AT&T (T), General Motors (GM), Pfizer (PFE), Wells Fargo & Co (WFC), Kohl's (KSS), Exxon Mobil (XOM), AbbVie (ABBV) and Bristol-Myers Squibb (BMY). Who are Dime Community Bancshares' key executives? Dime Community Bancshares' management team includes the following people: Mr. Kenneth J. Mahon, Pres, CEO & Director (Age 68)Mr. Roberto S. Volino, Sr. EVP & COO (Age 47)Mr. Stuart H. Lubow, Sr. EVP & Chief Banking Officer (Age 61)Mr. James L. Rizzo, Sr. VP & Comptroller (Age 55)Mr. Conrad J. Gunther Jr., Exec. VP & Chief Lending Officer (Age 73) 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.40%), State Street Corp (3.34%), Polaris Capital Management LLC (2.61%), Systematic Financial Management LP (2.13%), Geode Capital Management LLC (1.40%) and Bank of New York Mellon Corp (1.34%). Company insiders that own Dime Community Bancshares stock include Angela K Finlay, Avinash Reddy, Kathleen M Nelson, Kenneth J Mahon, Kevin Stein, Robert Volino, Rosemarie Chen, Steven D Cohn, Stuart H Lubow and Timothy Lenhoff. View institutional ownership trends for Dime Community Bancshares. Which major investors are selling Dime Community Bancshares stock? DCOM stock was sold by a variety of institutional investors in the last quarter, including BHZ Capital Management LP, BlackRock Inc., Morgan Stanley, Polaris Capital Management LLC, Acadian Asset Management LLC, Salzhauer Michael, Two Sigma Investments LP, and Grantham Mayo Van Otterloo & Co. LLC. View insider buying and selling activity for Dime Community Bancshares. Which major investors are buying Dime Community Bancshares stock? DCOM stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, JPMorgan Chase & Co., Assenagon Asset Management S.A., Geode Capital Management LLC, Prospector Partners LLC, Invesco Ltd., Wells Fargo & Company MN, and Aigen Investment Management LP. Company insiders that have bought Dime Community Bancshares stock in the last two years include Angela K Finlay, Avinash Reddy, Kathleen M Nelson, Kenneth J Mahon, Kevin Stein, Robert Volino, Rosemarie Chen, Steven D Cohn, and Stuart H Lubow. View insider buying and selling activity for Dime Community Bancshares. 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 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 $15.31. How big of a company is Dime Community Bancshares? Dime Community Bancshares has a market capitalization of $509.98 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 403 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 5/28/2020 by MarketBeat.com Staff
