Equities analysts predict that Dime Community Bancshares, Inc. (NASDAQ:DCOM) will announce earnings of $0.49 per share for the current quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Dime Community Bancshares’ earnings. Dime Community Bancshares reported earnings per share of $0.33 in the same quarter last year, which suggests a positive year-over-year growth rate of 48.5%. The company is expected to report its next quarterly earnings report on Thursday, January 25th.

On average, analysts expect that Dime Community Bancshares will report full-year earnings of $1.46 per share for the current fiscal year. For the next year, analysts expect that the company will report earnings of $1.45 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover Dime Community Bancshares.

Dime Community Bancshares (NASDAQ:DCOM) last issued its quarterly earnings results on Thursday, October 26th. The savings and loans company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.32 by $0.01. Dime Community Bancshares had a net margin of 16.99% and a return on equity of 8.28%. The firm had revenue of $42.74 million during the quarter.

DCOM has been the subject of several research reports. Barclays boosted their price objective on shares of Dime Community Bancshares from $20.00 to $21.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 11th. BidaskClub downgraded shares of Dime Community Bancshares from a “buy” rating to a “hold” rating in a research note on Saturday, December 9th. Piper Jaffray Companies downgraded shares of Dime Community Bancshares from an “overweight” rating to a “neutral” rating in a research note on Friday, November 3rd. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $23.00 price objective on shares of Dime Community Bancshares in a research note on Tuesday, October 3rd. Finally, ValuEngine upgraded shares of Dime Community Bancshares from a “hold” rating to a “buy” rating in a research note on Friday, September 22nd. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $22.50.

Dime Community Bancshares (NASDAQ:DCOM) traded up $0.10 on Friday, reaching $21.10. 245,156 shares of the company’s stock traded hands, compared to its average volume of 194,700. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 2.27. Dime Community Bancshares has a 12 month low of $18.35 and a 12 month high of $22.65. The stock has a market capitalization of $781.20, a P/E ratio of 21.31 and a beta of 0.82.

In other Dime Community Bancshares news, insider Timothy B. King sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $22.50, for a total transaction of $112,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 7.30% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sei Investments Co. boosted its stake in shares of Dime Community Bancshares by 98,220.0% in the second quarter. Sei Investments Co. now owns 4,916 shares of the savings and loans company’s stock valued at $109,000 after purchasing an additional 4,911 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in shares of Dime Community Bancshares by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 118,628 shares of the savings and loans company’s stock valued at $2,326,000 after purchasing an additional 684 shares during the period. Arizona State Retirement System boosted its stake in shares of Dime Community Bancshares by 0.6% in the second quarter. Arizona State Retirement System now owns 16,270 shares of the savings and loans company’s stock valued at $319,000 after purchasing an additional 100 shares during the period. Rhumbline Advisers boosted its stake in shares of Dime Community Bancshares by 1.2% in the second quarter. Rhumbline Advisers now owns 66,503 shares of the savings and loans company’s stock valued at $1,303,000 after purchasing an additional 809 shares during the period. Finally, SG Americas Securities LLC boosted its stake in shares of Dime Community Bancshares by 8.4% in the second quarter. SG Americas Securities LLC now owns 6,243 shares of the savings and loans company’s stock valued at $122,000 after purchasing an additional 486 shares during the period. Institutional investors own 68.33% of the company’s stock.

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Dime Community Bancshares Company Profile

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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