Dime Community Bancshares Inc (NASDAQ: DCOM) is -15.05% lower on its value in year-to-date trading and has touched a low of $18.19 and a high of $37.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DCOM stock was last observed hovering at around $25.85 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $26.11, the stock is -0.13% and 0.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 1.01% at the moment leaves the stock -11.11% off its SMA200. DCOM registered 45.30% gain for a year compared to 6-month loss of -23.94%.
The stock witnessed a -2.47% gain in the last 1 month and extending the period to 3 months gives it a -7.97%, and is -4.71% 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 2.19% over the week and 2.01% over the month.
Dime Community Bancshares Inc (DCOM) has around 887 employees, a market worth around $1.14B and $644.41M in sales. Current P/E ratio is 41.11 and Fwd P/E is 6.98. Profit margin for the company is 3.90%. Distance from 52-week low is 43.54% and -30.56% from its 52-week high. The company has generated returns on investments over the last 12 months (1.37%).
with sales reaching $107.08M over the same period.The EPS is expected to grow by 79.04% this year, but quarterly earnings will post 39.97% year-over-year. Quarterly sales are estimated to grow 22.64% in year-over-year returns.
The shares outstanding are 43.80M, and float is at 41.82M with Short Float at 5.08%.
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 14.9329 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 6.4643 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.17 million shares representing 5.6693 and valued at over $44.33 million, while BASSWOOD CAPITAL MANAGEMENT, L.L.C. holds 5.3053 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 purchase by BASSWOOD CAPITAL MANAGEMENT, L, the company’s Director-by-Deputization. SEC filings show that BASSWOOD CAPITAL MANAGEMENT, L bought 40,500 shares of the company’s common stock on Jun 09 ’25 at a price of $27.21 per share for a total of $1.1 million. Following the purchase, the insider now owns 1.04 million shares.
Dime Community Bancshares Inc disclosed in a document filed with the SEC on Jun 09 ’25 that BASSWOOD CAPITAL MANAGEMENT, L (Director-by-Deputization) sold a total of 40,500 shares of the company’s common stock. The trade occurred on Jun 09 ’25 and was made at $27.20 per share for $1.1 million. Following the transaction, the insider now directly holds 7389.0 shares of the DCOM stock.
Still, SEC filings show that on Jun 09 ’25, BASSWOOD CAPITAL MANAGEMENT, L (Director) Proposed Sale 33,048 shares at an average price of $26.95 for $0.89 million. The insider now directly holds shares of Dime Community Bancshares Inc (DCOM).
