Media coverage about Dime Community Bancshares (NASDAQ:DCOM) has been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Dime Community Bancshares earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the savings and loans company an impact score of 47.6496778675902 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of equities analysts recently weighed in on the stock. Barclays PLC boosted their target price on shares of Dime Community Bancshares from $20.00 to $21.00 and gave the stock an “underweight” rating in a report on Wednesday, October 11th. Piper Jaffray Companies downgraded shares of Dime Community Bancshares from an “overweight” rating to a “neutral” rating in a report on Friday. Keefe, Bruyette & Woods restated a “hold” rating and set a $23.00 target price on shares of Dime Community Bancshares in a report on Tuesday, October 3rd. BidaskClub downgraded shares of Dime Community Bancshares from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, ValuEngine upgraded shares of Dime Community Bancshares from a “hold” rating to a “buy” rating in a report on Friday, September 22nd. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. Dime Community Bancshares presently has an average rating of “Hold” and a consensus target price of $22.17.
Dime Community Bancshares (NASDAQ:DCOM) traded down $1.10 during mid-day trading on Friday, reaching $20.75. 247,935 shares of the company’s stock were exchanged, compared to its average volume of 127,710. The company has a debt-to-equity ratio of 2.27, a quick ratio of 1.35 and a current ratio of 1.40. Dime Community Bancshares has a 1 year low of $16.25 and a 1 year high of $22.65. The company has a market capitalization of $776.53, a PE ratio of 16.21 and a beta of 0.83.
Dime Community Bancshares (NASDAQ:DCOM) last announced its earnings results on Thursday, October 26th. The savings and loans company reported $0.33 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.01. The company had revenue of $42.74 million during the quarter. Dime Community Bancshares had a net margin of 16.99% and a return on equity of 8.28%. research analysts expect that Dime Community Bancshares will post 1.29 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, November 13th. Stockholders of record on Monday, November 6th will be given a $0.14 dividend. The ex-dividend date is Friday, November 3rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.70%. Dime Community Bancshares’s payout ratio is presently 56.00%.
About Dime Community Bancshares
Dime Community Bancshares, Inc operates as a holding company for Dime Community Bank (the Bank), a chartered savings bank. The Company is a unitary savings and loan holding company. The Company operates through Community Banking segment. The Bank’s principal business is gathering retail deposits, and lending them primarily in multifamily residential, commercial real estate and mixed use loans, as well as investing in mortgage-backed securities (MBS), obligations of the United States Government and Government Sponsored Entities (GSEs), and corporate debt and equity securities.
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