Analyst Price Target is $29.25
▲ +46.54% Upside 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 $29.25, with a high forecast of $35.00 and a low forecast of $23.00. The average price target represents a 46.54% upside from the last price of $19.96.
Current Consensus is
Moderate Buy
The current consensus among 3 investment analysts is to moderate buy stock in Dime Community Bancshares. This Moderate Buy consensus rating has held steady for over two years.
Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition, it invests in Federal Home Loan Bank, Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further, the company offers certificate of deposit account registry services and insured cash sweep programs; federal deposit insurance corporation insurance; merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts; investment products and services through a third-party broker dealer; and title insurance broker services, as well as SBA loans, commercial lines of credit, and letters of credit. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.
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