Dime Community Bancshares (NASDAQ:DCOM) Reaches New 52-Week High – Here’s What Happened

Posted by Stanley Muller on Jun 5th, 2026

Dime Community Bancshares, Inc. (NASDAQ:DCOM – Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as $38.06 and last traded at $37.83, with a volume of 83124 shares trading hands. The stock had previously closed at $37.55.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Wall Street Zen downgraded shares of Dime Community Bancshares from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Piper Sandler assumed coverage on shares of Dime Community Bancshares in a research report on Monday, March 16th. They issued an “overweight” rating and a $37.00 price objective for the company. Keefe, Bruyette & Woods lifted their price objective on shares of Dime Community Bancshares from $40.00 to $43.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. DA Davidson lifted their target price on shares of Dime Community Bancshares from $39.00 to $43.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, Weiss Ratings raised shares of Dime Community Bancshares from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $39.75.

Read Our Latest Research Report on DCOM

Dime Community Bancshares Stock Up 1.2%

The firm has a market cap of $1.68 billion, a P/E ratio of 16.11 and a beta of 1.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.02 and a current ratio of 1.02. The firm’s fifty day moving average is $36.00 and its 200 day moving average is $33.20.

Dime Community Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Friday, April 17th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, April 17th. This represents a $1.00 annualized dividend and a dividend yield of 2.6%. Dime Community Bancshares’s payout ratio is presently 37.59%.

Insider Activity at Dime Community Bancshares

In related news, Director Raymond A. Nielsen sold 1,650 shares of Dime Community Bancshares stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $37.09, for a total transaction of $61,198.50. Following the completion of the sale, the director owned 35,607 shares of the company’s stock, valued at approximately $1,320,663.63. The trade was a 4.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 7.40% of the company’s stock.

Institutional Trading of Dime Community Bancshares

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Hilton Head Capital Partners LLC acquired a new stake in Dime Community Bancshares in the 4th quarter worth about $28,000. Larson Financial Group LLC raised its stake in Dime Community Bancshares by 742.9% in the 3rd quarter. Larson Financial Group LLC now owns 1,003 shares of the savings and loans company’s stock worth $30,000 after purchasing an additional 884 shares in the last quarter. iSAM Funds UK Ltd acquired a new stake in Dime Community Bancshares in the 3rd quarter worth about $169,000. Tower Research Capital LLC TRC raised its stake in Dime Community Bancshares by 326.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,808 shares of the savings and loans company’s stock worth $156,000 after purchasing an additional 4,446 shares in the last quarter. Finally, Maryland State Retirement & Pension System acquired a new stake in Dime Community Bancshares in the 1st quarter worth about $202,000. Institutional investors own 75.27% of the company’s stock.

About Dime Community Bancshares

(Get Free Report)

Dime Community Bancshares, Inc is the bank holding company for Dime Community Bank, headquartered in Hauppauge, New York. Through its subsidiary, the company offers a comprehensive suite of banking and financial services to both individual and commercial customers. With a network of branches spanning the New York metropolitan area and South Florida, Dime Community Bancshares emphasizes relationship banking and local decision-making.

The company’s core lending activities include commercial and multifamily real estate loans, construction and land development financing, and one-to-four-family residential mortgage lending.