Somewhat Positive News Coverage Somewhat Unlikely to Affect Dime Community Bancshares (DCOM) Share Price
Media coverage about Dime Community Bancshares (NASDAQ:DCOM) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Dime Community Bancshares earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the savings and loans company an impact score of 45.0123158046318 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern’s analysis:
- Head to Head Review: Dime Community Bancshares (DCOM) vs. Great Western Bancorp (GWB) (americanbankingnews.com)
- Dime Community Bancshares, Inc. (DCOM) Upgraded by ValuEngine to “Buy” (americanbankingnews.com)
- Dime Community Bancshares, Inc. breached its 50 day moving average in a Bullish Manner : DCOM-US : September 21, 2017 (finance.yahoo.com)
- Dime Community Bancshares Announces Retirement of Timothy King (finance.yahoo.com)
Dime Community Bancshares (NASDAQ DCOM) opened at 20.20 on Friday. The firm has a 50-day moving average of $19.19 and a 200 day moving average of $19.86. The firm has a market cap of $756.41 million, a P/E ratio of 22.10 and a beta of 0.80. Dime Community Bancshares has a 1-year low of $16.10 and a 1-year high of $22.48.
Dime Community Bancshares (NASDAQ:DCOM) last announced its quarterly earnings data on Thursday, July 27th. The savings and loans company reported $0.32 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.01. The company had revenue of $39.80 million during the quarter. Dime Community Bancshares had a net margin of 16.23% and a return on equity of 8.04%. On average, analysts predict that Dime Community Bancshares will post $1.27 EPS for the current year.
DCOM has been the subject of a number of analyst reports. Barclays PLC reiterated an “underweight” rating and set a $20.00 target price (up previously from $19.00) on shares of Dime Community Bancshares in a research note on Wednesday, July 12th. BidaskClub downgraded shares of Dime Community Bancshares from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. ValuEngine downgraded shares of Dime Community Bancshares from a “buy” rating to a “hold” rating in a research note on Thursday, September 7th. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $22.00 price objective on shares of Dime Community Bancshares in a research note on Thursday, August 31st. Two analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $21.50.
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About Dime Community Bancshares
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.
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