What is DA Davidson’s Estimate for DCOM Q1 Earnings?

Dime Community Bancshares, Inc. (NASDAQ:DCOM) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Dime Community Bancshares in a research note issued to investors on Monday, January 27th. DA Davidson analyst M. Navas forecasts that the savings and loans company will post earnings per share of $0.52 for the quarter. The consensus estimate for Dime Community Bancshares’ current full-year earnings is $1.49 per share.

Several other equities research analysts have also recently weighed in on the stock. Stephens raised shares of Dime Community Bancshares from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $30.00 to $39.00 in a research report on Monday, November 18th. Keefe, Bruyette & Woods lowered their price target on Dime Community Bancshares from $42.00 to $41.00 and set an “outperform” rating for the company in a research report on Friday, January 24th. Piper Sandler upgraded shares of Dime Community Bancshares from a “neutral” rating to an “overweight” rating and upped their target price for the company from $36.00 to $38.00 in a research note on Thursday, January 23rd. Finally, Raymond James upped their price target on shares of Dime Community Bancshares from $35.00 to $36.00 and gave the company a “strong-buy” rating in a research report on Wednesday, October 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Dime Community Bancshares presently has a consensus rating of “Moderate Buy” and an average price target of $36.40.

Dime Community Bancshares Price Performance

Shares of NASDAQ:DCOM opened at $30.94 on Tuesday. The stock has a market cap of $1.21 billion, a P/E ratio of 20.63 and a beta of 1.05. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68. The company has a 50 day moving average of $32.88 and a 200 day moving average of $29.22. Dime Community Bancshares has a 12 month low of $17.29 and a 12 month high of $37.60.

Dime Community Bancshares (NASDAQ:DCOM) last issued its quarterly earnings data on Thursday, January 23rd. The savings and loans company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.02). Dime Community Bancshares had a return on equity of 5.58% and a net margin of 9.65%.

Institutional Trading of Dime Community Bancshares

A number of hedge funds and other institutional investors have recently modified their holdings of the business. KBC Group NV raised its holdings in shares of Dime Community Bancshares by 50.8% during the fourth quarter. KBC Group NV now owns 2,697 shares of the savings and loans company’s stock valued at $83,000 after buying an additional 909 shares during the last quarter. Kimelman & Baird LLC bought a new position in Dime Community Bancshares during the 2nd quarter worth approximately $56,000. GAMMA Investing LLC lifted its stake in Dime Community Bancshares by 30.4% in the third quarter. GAMMA Investing LLC now owns 2,936 shares of the savings and loans company’s stock valued at $85,000 after buying an additional 685 shares in the last quarter. USA Financial Formulas acquired a new position in shares of Dime Community Bancshares during the fourth quarter worth about $92,000. Finally, Quest Partners LLC boosted its holdings in Dime Community Bancshares by 9.4% during the third quarter. Quest Partners LLC now owns 5,397 shares of the savings and loans company’s stock worth $155,000 after purchasing an additional 465 shares during the last quarter. 75.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Dime Community Bancshares

In other news, CTO Michael Fegan sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $35.76, for a total value of $71,520.00. Following the transaction, the chief technology officer now owns 20,155 shares of the company’s stock, valued at approximately $720,742.80. The trade was a 9.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Basswood Capital Management, L acquired 29,000 shares of the business’s stock in a transaction on Tuesday, November 12th. The stock was acquired at an average price of $32.00 per share, with a total value of $928,000.00. Following the transaction, the director now directly owns 1,044,221 shares of the company’s stock, valued at $33,415,072. This represents a 2.86 % increase in their position. The disclosure for this purchase can be found here. 9.10% of the stock is owned by insiders.

Dime Community Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 17th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, January 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.23%. Dime Community Bancshares’s dividend payout ratio is currently 169.49%.

Dime Community Bancshares Company Profile

Dime Community Bancshares, Inc operates as the holding company for Dime Community Bank that engages in the provision of various commercial banking and financial services. The company accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. It also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; letters of credit; secured and unsecured commercial and consumer loans; lines of credit; home equity loans; and construction and land loans.