Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Dime Community Bancshares Inc Market Cap
Based on ratings from 5 stock analysts, the Dime Community Bancshares Inc stock price is expected to increase by 9.25% in 12 months. This is calculated by using the average 12-month stock price forecast for Dime Community Bancshares Inc. The lowest target is $35 and the highest is $42. Please note analyst price targets are not guaranteed and could be missed completely.
DCOM is a stock in Financial Services which has been forecasted to be worth $39.2 as an average. On the higher end, the forecast price is $42 USD by from and on the lower end DCOM is forecasted to be $35 by William Wallace from Raymond James.
These are the latest 20 analyst ratings of DCOM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Matt Breese Stephens & Co. | Overweight | $39 | Upgrade | Nov 18, 2024 |
| William Wallace Raymond James | Strong Buy | $36 | Maintains | Oct 2, 2024 |
| William Wallace Raymond James | Strong Buy | $35 | Upgrade | Sep 17, 2024 |
| Christopher O'Connell Keefe, Bruyette & Woods | Outperform | $28 | Maintains | Jul 25, 2024 |
| Mark Fitzgibbon Piper Sandler | Neutral | $26 | Downgrade | Jul 23, 2024 |
| Christopher O'Connell Keefe, Bruyette & Woods | Outperform | $25.5 | Maintains | Jun 28, 2024 |
| Christopher O'Connell Keefe, Bruyette & Woods | Outperform | $25.5 | Maintains | Apr 5, 2024 |
| David Bishop DA Davidson | Buy | $28 | Maintains | Mar 14, 2024 |
| William Wallace Raymond James | Outperform | $27 | Maintains | Mar 13, 2024 |
| Steve Moss Raymond James | Outperform | $30 | Maintains | Jan 5, 2024 |
| Steve Moss Raymond James | Outperform | $23 | Maintains | Oct 20, 2023 |
| Steve Moss Raymond James | Outperform | $27 | Maintains | Jul 31, 2023 |
| Steve Moss Raymond James | Outperform | $23 | Maintains | Jun 8, 2023 |
| Mark Fitzgibbon Piper Sandler | Overweight | $23 | Maintains | May 18, 2023 |
| Christopher O'Connell Keefe, Bruyette & Woods | Outperform | $28 | Maintains | May 1, 2023 |
| Steve Moss Raymond James | Outperform | $27 | Maintains | May 1, 2023 |
| Christopher O'Connell Keefe, Bruyette & Woods | Outperform | $32 | Maintains | Apr 6, 2023 |
| Steve Moss Raymond James | Outperform | $34 | Maintains | Jan 30, 2023 |
| Matt Breese Stephens & Co. | Equal-Weight | $38 | Maintains | Nov 14, 2022 |
| William Wallace Raymond James | Outperform | $34 | Downgrade | Jul 7, 2022 |
When did it IPO
1996
Staff Count
851
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Stuart H. Lubow
Market Cap
$1.59B
In 2023, DCOM generated $352.8M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that DCOM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 13 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Dime Community Bancshares, Inc. closed a public offering of 4,492,187 shares at $32.00 per share, including 585,937 shares from the underwriters' overallotment option.
Why It Matters - Dime Community Bancshares raised significant capital through its stock offering, which can enhance liquidity, support growth initiatives, and potentially impact share value and investor sentiment.
Thu, 14 Nov 2024
Sentiment - NEGATIVE
Source - Seeking Alpha
Summary - Dime Community Bancshares reports a 6% year-over-year deposit growth, boosting net interest income. Loan-to-deposit ratio is 95%, but risks include high loan concentration in multifamily and commercial real estate.
Why It Matters - Dime Community Bancshares' rising net interest income and improved loan-to-deposit ratio signal financial stability, but high loan concentration and credit loss concerns pose potential risks.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Dime Community Bancshares, Inc. has priced a public offering of 3,906,250 shares of common stock at $32.00 per share, aiming for gross proceeds of $125 million.
Why It Matters - The $125 million capital raise through a stock offering can dilute existing shares but may strengthen Dime's balance sheet, impacting its growth potential and investor sentiment.
Thu, 24 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Dime Community Bancshares declared a quarterly cash dividend of $0.34375 per share on its 5.50% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, payable on November 15, 2024.
Why It Matters - The declaration of a cash dividend signals financial stability and profitability for Dime Community Bancshares, potentially boosting investor confidence and attracting income-focused buyers.
Tue, 22 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Dime Community Bancshares Inc (NASDAQ: DCOM) will hold a Q3 2023 results conference call on October 22, 2024, at 9:00 AM ET, featuring CEO Stuart Lubow and CFO Avi Reddy.
Why It Matters - Dime Community Bancshares' Q3 2023 results conference call will provide insights into financial performance and outlook, influencing investor sentiment and stock valuation.
Tue, 22 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Dime Community Bancshares reported Q3 2024 net income of $11.5 million ($0.29/share), down from $16.7 million in Q2 2024. Core deposit growth increased net interest margin to 2.50%.
Why It Matters - Dime Community Bancshares' rising core deposits and net interest margin indicate strong financial health, positioning it well for future Fed rate cuts, impacting profitability and stock performance.
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