In a report issued on July 9, Collyn Gilbert from KBW reiterated a Hold rating on Dime Community Bancshares (NASDAQ: DCOM), with a price target of $20.50. The company’s shares closed yesterday at $19.75.
According to TipRanks.com, Gilbert is a 5-star analyst with an average return of 18.4% and a 79.8% success rate. Gilbert covers the Financial sector, focusing on stocks such as People’s United Financial, United Financial Bancorp, and Bankwell Financial Group.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dime Community Bancshares with a $22 average price target.
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Dime Community Bancshares’ market cap is currently $740.3M and has a P/E ratio of 13.44. The company has a Price to Book ratio of 1.22.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. Most recently, in May 2018, Michael P. Devine, a Director at DCOM sold 13,601 shares for a total of $268,484.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Dime Community Bancshares, Inc. is a bank holding company for Dime Community Bank, which provides financial services and loans for housing within its market areas; as well as loans to mid-size and small businesses. It also provides commercial banking, business banking, and commercial lending services to its customers.
