While Dime Community Bancshares Inc has overperformed by 0.89%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DCOM rose by 73.78%, with highs and lows ranging from $36.05 to $17.29, whereas the simple moving average jumped by 53.03% in the last 200 days.
On November 18, 2024, Stephens Upgraded Dime Community Bancshares Inc (NASDAQ: DCOM) to Overweight. A report published by Raymond James on September 17, 2024, Upgraded its rating to ‘Strong Buy’ for DCOM. Piper Sandler also Downgraded DCOM shares as ‘Neutral’, setting a target price of $26 on the company’s shares in a report dated July 23, 2024. Raymond James Initiated an Outperform rating on January 11, 2023, and assigned a price target of $38. Raymond James July 07, 2022d its ‘Strong Buy’ rating to ‘Outperform’ for DCOM, as published in its report on July 07, 2022. Stephens’s report from May 16, 2022 suggests a price prediction of $34.50 for DCOM shares, giving the stock a ‘Equal-Weight’ rating. Keefe Bruyette also rated the stock as ‘Outperform’.
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Analysis of Dime Community Bancshares Inc (DCOM)
The current dividend for DCOM investors is set at $1.00 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 4.09%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Dime Community Bancshares Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 5.25% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and DCOM is recording an average volume of 244.26K. On a monthly basis, the volatility of the stock is set at 3.89%, whereas on a weekly basis, it is put at 3.74%, with a gain of 3.40% over the past seven days. Furthermore, long-term investors anticipate a median target price of $39.20, showing growth from the present price of $35.00, which can serve as yet another indication of whether DCOM is worth investing in or should be passed over.
How Do You Analyze Dime Community Bancshares Inc Shares?
Dime Community Bancshares Inc (DCOM) is based in the USA and is one of the most prominent companies operating in the Banks – Regional market. When comparing Dime Community Bancshares Inc shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 23.39, there is a growth in quarterly earnings of -13.33%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 5.41%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 71.33% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DCOM shares are owned by institutional investors to the tune of 71.33% at present.
