Dime Community Bancshares Inc (NASDAQ: DCOM) has reported earnings for its third fiscal quarter (ending September 30) of $0.29 versus $0.34 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $1.50 versus $2.91 for the same period a year ago.
Recent Price Action
Dime Community Bancshares Inc (NASDAQ: DCOM) stock declined slightly by -0.1% on 10/22/24. The stock closed at $29.17. Trading volume in this decline was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.7% during the last week.
Current PriceTarget Research Rating
DCOM is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Dime Community Bancshares has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Dime Community Bancshares has a slightly positive Appreciation Score of 61 and a very high Power Rating of 97, and the Highest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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