Dime Community Bancshares Inc (NASDAQ: DCOM) is 16.15% higher on its value in year-to-date trading and has touched a low of $17.29 and a high of $37.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DCOM stock was last observed hovering at around $31.09 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $31.28, the stock is -9.10% and -5.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing 0.61% at the moment leaves the stock 27.10% off its SMA200. DCOM registered 16.54% gain for a year compared to 6-month gain of 62.83%. The firm has a 50-day simple moving average (SMA 50) of $33.1 and a 200-day simple moving average (SMA200) of $24.5473.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -13.88% loss in the last 1 month and extending the period to 3 months gives it a 12.52%, and is -7.89% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.30% over the week and 4.11% over the month.
Dime Community Bancshares Inc (DCOM) has around 851 employees, a market worth around $1.37B and $679.85M in sales. Current P/E ratio is 20.90 and Fwd P/E is 11.35. Profit margin for the company is 8.46%. Distance from 52-week low is 80.91% and -16.81% from its 52-week high. The company has generated returns on investments over the last 12 months (3.40%).
with sales reaching $62.62M over the same period.The EPS is expected to shrink by -41.78% this year, but quarterly earnings will post -9.79% year-over-year. Quarterly sales are estimated to shrink -24.55% in year-over-year returns.
Dime Community Bancshares Inc (DCOM) Top Institutional Holders
243.0 institutions hold shares in Dime Community Bancshares Inc (DCOM), with institutional investors hold 77.33% of the company’s shares. The shares outstanding are 43.64M, and float is at 41.29M with Short Float at 5.35%. Institutions hold 73.36% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.72 million shares valued at $116.76 million. The investor’s holdings represent 14.9617% of the DCOM Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.48 million shares valued at $50.55 million to account for 6.4768 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.17 million shares representing 5.6802% and valued at over $44.33 million, while BASSWOOD CAPITAL MANAGEMENT, L.L.C. holds 5.3155 of the shares totaling 2.03 million with a market value of $41.48 million.
Dime Community Bancshares Inc (DCOM) Insider Activity
The most recent transaction is an insider sale by Fegan Michael, the company’s Chief Technology & Ops Officer. SEC filings show that Fegan Michael sold 2,000 shares of the company’s common stock on Dec 09 ’24 at a price of $35.76 per share for a total of $71513.0. Following the sale, the insider now owns 20155.0 shares.
Dime Community Bancshares Inc disclosed in a document filed with the SEC on Nov 12 ’24 that BASSWOOD CAPITAL MANAGEMENT, L (Director-by-Deputization) bought a total of 29,000 shares of the company’s common stock. The trade occurred on Nov 12 ’24 and was made at $32.00 per share for $0.93 million. Following the transaction, the insider now directly holds 1.04 million shares of the DCOM stock.
Still, SEC filings show that on Jan 31 ’24, BASSWOOD CAPITAL MANAGEMENT, L (Director-by-Deputization) acquired 27,068 shares at an average price of $23.00 for $0.62 million. The insider now directly holds 1,015,221 shares of Dime Community Bancshares Inc (DCOM).
