Dime Community Bancshares Stock Beta
| DCOM Stock | USD 18.96 0.76 4.18% |
Dime Community Bancshares fundamentals help investors to digest information that contributes to Dime Community's financial success or failures. It also enables traders to predict the movement of Dime Stock. The fundamental analysis module provides a way to measure Dime Community's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dime Community stock.
Dime | Beta |
Dime Community Bancshares Company Beta Analysis
Dime Community's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Dime Community Beta | 1.12 |
Most of Dime Community's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Dime Community Bancshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Dime Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Dime Community is extremely important. It helps to project a fair market value of Dime Stock properly, considering its historical fundamentals such as Beta. Since Dime Community's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dime Community's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dime Community's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Dime Community Bancshares has a Beta of 1.118. This is 36.34% higher than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The beta for all United States stocks is notably lower than that of the firm.
Dime Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dime Community's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dime Community could also be used in its relative valuation, which is a method of valuing Dime Community by comparing valuation metrics of similar companies.Dime Community is currently under evaluation in beta category among related companies.
Dime Community Institutional Holders
Institutional Holdings refers to the ownership stake in Dime Community that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Dime Community's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Dime Community's value.| Shares | American Century Companies Inc | 2023-12-31 | 450.6 K | Polaris Capital Management, Llc | 2023-12-31 | 447.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 430.7 K | Northern Trust Corp | 2023-12-31 | 394.7 K | Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 376 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 337.5 K | Ameriprise Financial Inc | 2023-12-31 | 327.9 K | Royce & Associates, Lp | 2023-12-31 | 324.5 K | Arnhold & S. Bleichroeder Advisers, Llc | 2023-12-31 | 300.7 K | Blackrock Inc | 2023-12-31 | 5.8 M | T. Rowe Price Investment Management,inc. | 2023-12-31 | 2.6 M |
Dime Community returns are very sensitive to returns on the market. As the market goes up or down, Dime Community is expected to follow.
Dime Fundamentals
| Return On Equity | 0.0629 | ||||
| Return On Asset | 0.0056 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | 0.36 % | ||||
| Current Valuation | 1.47 B | ||||
| Shares Outstanding | 38.93 M | ||||
| Shares Owned By Insiders | 7.20 % | ||||
| Shares Owned By Institutions | 76.52 % | ||||
| Number Of Shares Shorted | 1.93 M | ||||
| Price To Earning | 18.45 X | ||||
| Price To Book | 0.65 X | ||||
| Price To Sales | 2.06 X | ||||
| Revenue | 609.36 M | ||||
| Gross Profit | 412.64 M | ||||
| EBITDA | 136.88 M | ||||
| Net Income | 96.09 M | ||||
| Cash And Equivalents | 388.4 M | ||||
| Cash Per Share | 10.06 X | ||||
| Total Debt | 1.57 B | ||||
| Debt To Equity | 0.08 % | ||||
| Book Value Per Share | 28.84 X | ||||
| Cash Flow From Operations | 90.87 M | ||||
| Short Ratio | 7.63 X | ||||
| Earnings Per Share | 1.78 X | ||||
| Price To Earnings To Growth | 13.64 X | ||||
| Target Price | 25.9 | ||||
| Number Of Employees | 851 | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 708.56 M | ||||
| Total Asset | 13.64 B | ||||
| Retained Earnings | 813.01 M | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 3.06 % | ||||
| Net Asset | 13.64 B | ||||
| Last Dividend Paid | 1.0 |
About Dime Community Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dime Community Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dime Community using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dime Community Bancshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Dime Community in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Dime Community's short interest history, or implied volatility extrapolated from Dime Community options trading.
Check out Dime Community Piotroski F Score and Dime Community Altman Z Score analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Dime Stock analysis
When running Dime Community's price analysis, check to measure Dime Community's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dime Community is operating at the current time. Most of Dime Community's value examination focuses on studying past and present price action to predict the probability of Dime Community's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dime Community's price. Additionally, you may evaluate how the addition of Dime Community to your portfolios can decrease your overall portfolio volatility.
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Is Dime Community's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dime Community. If investors know Dime will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dime Community listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.55) | Dividend Share 1 | Earnings Share 1.78 | Revenue Per Share 8.592 | Quarterly Revenue Growth (0.22) |
The market value of Dime Community Bancshares is measured differently than its book value, which is the value of Dime that is recorded on the company's balance sheet. Investors also form their own opinion of Dime Community's value that differs from its market value or its book value, called intrinsic value, which is Dime Community's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dime Community's market value can be influenced by many factors that don't directly affect Dime Community's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dime Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dime Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dime Community's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.