Dime Community Bancshares Inc (NASDAQ: DCOM) on Friday, soared 3.77% from the previous trading day, before settling in for the closing price of $35.00. Within the past 52 weeks, DCOM’s price has moved between $17.29 and $36.05.
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A company in the Financial sector has jumped its sales by 30.45% annually for the last half of the decade. The company achieved an average annual earnings per share of -41.78%. With a float of $41.28 million, this company’s outstanding shares have now reached $43.64 million.
In an organization with 851 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 127.19%, operating margin of 19.43%, and the pretax margin is 18.34%.
Dime Community Bancshares Inc (DCOM) Insider Updates
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Dime Community Bancshares Inc is 5.41%, while institutional ownership is 71.33%. The most recent insider transaction that took place on Nov 12 ’24, was worth 928,000. In this transaction Director-by-Deputization of this company bought 29,000 shares at a rate of $32.00, taking the stock ownership to the 1,044,221 shares. Before that another transaction happened on Jan 31 ’24, when Company’s Director-by-Deputization bought 27,068 for $23.00, making the entire transaction worth $622,564. This insider now owns 1,015,221 shares in total.
Dime Community Bancshares Inc (DCOM) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.39 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.46) by -0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -41.78% per share during the next fiscal year.
Dime Community Bancshares Inc (NASDAQ: DCOM) Trading Performance Indicators
Dime Community Bancshares Inc (DCOM) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.50, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 2.79 in one year’s time.
Technical Analysis of Dime Community Bancshares Inc (DCOM)
Let’s dig in a bit further. During the last 5-days, its volume was 0.41 million. That was better than the volume of 0.24 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.16%. Additionally, its Average True Range was 1.32.
During the past 100 days, Dime Community Bancshares Inc’s (DCOM) raw stochastic average was set at 98.95%, which indicates a significant increase from 97.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.82% in the past 14 days, which was higher than the 47.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.50, while its 200-day Moving Average is $22.96. However, in the short run, Dime Community Bancshares Inc’s stock first resistance to watch stands at $36.83. Second resistance stands at $37.34. The third major resistance level sits at $38.18. If the price goes on to break the first support level at $35.48, it is likely to go to the next support level at $34.64. Assuming the price breaks the second support level, the third support level stands at $34.13.
Dime Community Bancshares Inc (NASDAQ: DCOM) Key Stats
Market capitalization of the company is 1.64 billion based on 39,150K outstanding shares. Right now, sales total 645,570 K and income totals 96,090 K. The company made 171,870 K in profit during its latest quarter, and 13,330 K in sales during its previous quarter.
