Dime Community Bancshares (DCOM) Earns Coverage Optimism Score of 0.16

Press coverage about Dime Community Bancshares (NASDAQ:DCOM) has trended somewhat positive on Friday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dime Community Bancshares earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave press coverage about the savings and loans company an impact score of 45.8513352747435 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Dime Community Bancshares (DCOM) opened at $18.35 on Friday. The company has a market capitalization of $705.60, a PE ratio of 13.20 and a beta of 0.74. Dime Community Bancshares has a 1-year low of $17.80 and a 1-year high of $22.65. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 2.14.

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Dime Community Bancshares (NASDAQ:DCOM) last posted its earnings results on Thursday, January 25th. The savings and loans company reported $0.34 EPS for the quarter, hitting the consensus estimate of $0.34. The firm had revenue of $52.44 million for the quarter. Dime Community Bancshares had a return on equity of 8.30% and a net margin of 22.21%. analysts predict that Dime Community Bancshares will post 1.45 EPS for the current year.

A number of research analysts have recently weighed in on the company. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $21.50 price objective on shares of Dime Community Bancshares in a report on Tuesday, January 30th. BidaskClub raised Dime Community Bancshares from a “strong sell” rating to a “sell” rating in a report on Thursday, March 8th. ValuEngine lowered Dime Community Bancshares from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Sandler O’Neill reissued a “buy” rating and issued a $23.00 price objective on shares of Dime Community Bancshares in a report on Friday, January 26th. Finally, Barclays increased their price objective on Dime Community Bancshares from $21.00 to $22.00 and gave the company an “underweight” rating in a report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $21.88.

In related news, EVP Stuart H. Lubow bought 2,300 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were purchased at an average cost of $19.25 per share, with a total value of $44,275.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven D. Cohn sold 10,000 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was sold at an average price of $19.21, for a total value of $192,100.00. Following the sale, the director now directly owns 81,990 shares in the company, valued at $1,575,027.90. The disclosure for this sale can be found here. Over the last ninety days, insiders have purchased 4,300 shares of company stock worth $81,980. 7.30% of the stock is owned by corporate insiders.

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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.

Insider Buying and Selling by Quarter for Dime Community Bancshares (NASDAQ:DCOM)

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