Dime Community Bancshares Gets a Hold Rating from KBW

By Austin Angelo

KBW analyst Collyn Gilbert reiterated a Hold rating on Dime Community Bancshares (NASDAQ: DCOM) yesterday and set a price target of $22. The company’s shares closed yesterday at $18.95.

According to TipRanks.com, Gilbert is a 5-star analyst with an average return of 17.0% and a 66.9% success rate. Gilbert covers the Financial sector, focusing on stocks such as Peapack-Gladstone Financial Corp, The First Of Long Island Corp, and Provident Financial Services.

Dime Community Bancshares has an analyst consensus of Hold, with a price target consensus of $21.50.

Dime Community Bancshares’ market cap is currently $702.6M and has a P/E ratio of 20.38. The company has a book value ratio of 1.2300.

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. It also provides commercial banking, business banking and commercial lending services to its customers. The company was founded on December 12, 1995 and is headquartered in Brooklyn, NY.