Dime Community Bancshares (NASDAQ:DCOM) will be posting its quarterly earnings results after the market closes on Wednesday, January 24th. Analysts expect Dime Community Bancshares to post earnings of $0.33 per share for the quarter.

Dime Community Bancshares (NASDAQ:DCOM) last released its earnings results on Thursday, October 26th. The savings and loans company reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.01. Dime Community Bancshares had a return on equity of 8.28% and a net margin of 16.99%. The firm had revenue of $42.74 million for the quarter. On average, analysts expect Dime Community Bancshares to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dime Community Bancshares (DCOM) opened at $21.70 on Wednesday. Dime Community Bancshares has a 12-month low of $18.35 and a 12-month high of $22.65. The firm has a market capitalization of $806.46, a PE ratio of 21.92 and a beta of 0.82. The company has a debt-to-equity ratio of 2.27, a quick ratio of 1.40 and a current ratio of 1.40.

Several equities analysts recently weighed in on the company. BidaskClub downgraded Dime Community Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, December 9th. ValuEngine upgraded Dime Community Bancshares from a “hold” rating to a “buy” rating in a research report on Friday, September 22nd. Piper Jaffray Companies downgraded Dime Community Bancshares from an “overweight” rating to a “neutral” rating in a research report on Friday, November 3rd. Barclays raised their price objective on Dime Community Bancshares from $20.00 to $21.00 and gave the stock an “underweight” rating in a report on Wednesday, October 11th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $23.00 price objective on shares of Dime Community Bancshares in a report on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $22.50.

In other news, insider Timothy B. King sold 5,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $22.50, for a total value of $112,500.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 7.30% of the company’s stock.

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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.

Earnings History for Dime Community Bancshares (NASDAQ:DCOM)

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