▼ -42.04% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Dime Community Bancshares in the last 3 months. The average price target is $17.17, with a high forecast of $18.00 and a low forecast of $16.50. The average price target represents a -42.04% upside from the last price of $29.62.
The current consensus among 3 contributing investment analysts is to buy stock in Dime Community Bancshares. This rating has held steady since February 2020, when it changed from a Hold consensus rating.
Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides commercial banking and financial services in New York. It offers deposit products, such as savings, money market, and interest bearing and non-interest-bearing checking accounts, as well as certificates of deposit. The company also offers residential and commercial real estate loans; commercial and industrial loans, such as lines of credit, revolving lines of credit, and term loans; one-to-four family residential and condominium/cooperative apartment loans; home equity and home improvement loans; equity lines of credit; acquisition, land development, and construction loans; small business administration loans; finance loans; and consumer loans. In addition, it manages and owns real estate; and invests in multifamily residential and commercial real estate loans, commercial and industrial loans, and one-to-four family residential real estate loans, as well as mortgage-backed securities. As of April 23, 2020, the company had 28 branches located throughout Brooklyn, Queens, the Bronx, Nassau, and Suffolk counties, New York. Dime Community Bancshares, Inc. was founded in 1864 and is headquartered in Brooklyn, New York.