What is DA Davidson’s Forecast for DCOM Q1 Earnings?

Dime Community Bancshares, Inc. (NASDAQ:DCOM) – Stock analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Dime Community Bancshares in a report issued on Monday, January 27th. DA Davidson analyst M. Navas forecasts that the savings and loans company will post earnings per share of $0.52 for the quarter. The consensus estimate for Dime Community Bancshares’ current full-year earnings is $1.49 per share.

Several other equities research analysts have also recently issued reports on DCOM. Keefe, Bruyette & Woods cut their price target on Dime Community Bancshares from $42.00 to $41.00 and set an “outperform” rating for the company in a research note on Friday. Piper Sandler upgraded Dime Community Bancshares from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $36.00 to $38.00 in a research report on Thursday, January 23rd. Stephens raised shares of Dime Community Bancshares from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $30.00 to $39.00 in a research report on Monday, November 18th. Finally, Raymond James raised their target price on shares of Dime Community Bancshares from $35.00 to $36.00 and gave the company a “strong-buy” rating in a report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $36.40.

Dime Community Bancshares Trading Up 0.6 %

Shares of Dime Community Bancshares stock opened at $30.99 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $1.21 billion, a PE ratio of 20.66 and a beta of 1.05. Dime Community Bancshares has a 52-week low of $17.29 and a 52-week high of $37.60. The firm has a 50-day moving average of $33.05 and a 200-day moving average of $29.09.

Dime Community Bancshares (NASDAQ:DCOM) last posted its earnings results on Thursday, January 23rd. The savings and loans company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.02). Dime Community Bancshares had a net margin of 9.65% and a return on equity of 5.58%.

Institutional Trading of Dime Community Bancshares

Several institutional investors have recently modified their holdings of DCOM. Quest Partners LLC raised its position in Dime Community Bancshares by 9.4% during the 3rd quarter. Quest Partners LLC now owns 5,397 shares of the savings and loans company’s stock worth $155,000 after purchasing an additional 465 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Dime Community Bancshares by 17.4% in the fourth quarter. GAMMA Investing LLC now owns 3,448 shares of the savings and loans company’s stock valued at $106,000 after buying an additional 512 shares during the period. KBC Group NV raised its position in shares of Dime Community Bancshares by 50.8% during the fourth quarter. KBC Group NV now owns 2,697 shares of the savings and loans company’s stock worth $83,000 after acquiring an additional 909 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of Dime Community Bancshares by 31.2% in the third quarter. Nisa Investment Advisors LLC now owns 6,305 shares of the savings and loans company’s stock worth $182,000 after acquiring an additional 1,500 shares during the period. Finally, State of Alaska Department of Revenue boosted its holdings in Dime Community Bancshares by 11.0% in the fourth quarter. State of Alaska Department of Revenue now owns 22,324 shares of the savings and loans company’s stock valued at $686,000 after acquiring an additional 2,217 shares during the last quarter. Institutional investors own 75.27% of the company’s stock.

Insider Buying and Selling at Dime Community Bancshares

In other news, Director Basswood Capital Management, L purchased 29,000 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were purchased at an average cost of $32.00 per share, with a total value of $928,000.00. Following the completion of the purchase, the director now owns 1,044,221 shares of the company’s stock, valued at $33,415,072. This trade represents a 2.86 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, CTO Michael Fegan sold 2,000 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $35.76, for a total value of $71,520.00. Following the sale, the chief technology officer now owns 20,155 shares in the company, valued at approximately $720,742.80. This trade represents a 9.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 9.10% of the company’s stock.

Dime Community Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 17th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.23%. The ex-dividend date was Friday, January 17th. Dime Community Bancshares’s payout ratio is 66.67%.

Dime Community Bancshares Company Profile

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.