Home Sectors Financial Services Valuation Now: Dime Community Bancshares (NASDAQ: DCOM)

Valuation Now: Dime Community Bancshares (NASDAQ: DCOM)

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Dime Community Bancshares is in the financial services sector and trades as part of the banking industry. The company CEO is Kenneth J. Mahon. Dime Community Bancshares Inc operates as the holding company for The Dime Savings Bank of Williamsburgh. It provides financial services and loans for multifamily housing in the United States.

Previous Intraday Trading Performance:

The DCOM stock showed a previous change of -1.04% with an open at 18.33 and a close of 18.14. It reached an intraday high of 18.58 and a low of 18.13.

SeekingAlpha:  Dime Community Bancshares (DCOM) Presents At Keefe, Bruyette, & Woods Nineteenth Annual Community Bank Investor Conference - Slideshow

Liquidity:

The stock has a market cap of $679.5m with 37.5m shares outstanding, of which the float is 34.7m shares. Trading volume reached 167,204 shares compared to its average volume of 195,122 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Dime Community Bancshares shares returned -0.22% and in the past 30 trading days it returned -0.60%. Over three months, it changed -9.48%. In one year it has changed -15.51% and within that year its 52-week high was 22.65 and its 52-week low was 17.10. DCOM stock is 6.08% above its 52 Week Low.

Our calculations show a 200 day moving average of 18.99 and a 50 day moving average of 17.96. Currently DCOM stock is trading -4.50% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

SeekingAlpha:  Dime Community Bancshares (DCOM) Presents At Keefe, Bruyette, & Woods Nineteenth Annual Community Bank Investor Conference - Slideshow

Earnings:

The last annual fiscal EPS for the company was reported at 1.38 that ended on 31st of December 2017, which according to the previous close, that is a PE of 13.14. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.33. The TTM EPS is 1.36, which comes to a TTM PE of 13.34. Historically, the PE high was 16.50 and the PE low was 9.40. If the stock reached its PE low, that would represent a price of 12.78, which is a decrease of -29.54%.

The following are the last four quarter reported earnings per share:
06-30-2018:  0.33
03-31-2018:  0.36
12-31-2017:  0.34
09-30-2017:  0.33

The dividend per share is currently 0.56, which is a dividend yield of 3.09%. Also, the payout ratio is 41.18%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 17.10, which means it may be overvalued by -6.11%

Indicators to Watch:

Based on the latest filings, there is 7.40% of insider ownership and 80.20% of institutional ownership. Short-interest is 991,556, which is 2.65% of shares outstanding. The short-interest ratio or days-to-cover ratio is 5.58. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.52

SeekingAlpha:  Depomed beats by $0.03, misses on revenue

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 9.31%, return on assets is 0.89%, profit margin is 23.24%, price-to-sales is 3.76 and price-to-book is 1.12.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 5  :Past Performance Score
 6  :Financial Strength Score
 0  :Future Growth Score
 4  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.

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