Stephens analyst Matt Breese lowered the firm’s price target on Dime Community (DCOM) to $32.50 from $36 and keeps an Overweight rating on the shares. The firm thought Q1 earnings were “decent,” highlighted by a consensus EPS beat, the analyst tells investors. However, with management guidance calling for higher expenses and a lower-than-anticipated near-term net interest margin, the firm lowered its 2025 and 2026 operating EPS view by 8%-9% to $2.44 and $3.48, respectively.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DCOM:
- Dime Community price target lowered to $36 from $39 at Keefe Bruyette
- Dime Community Bancshares Reports Strong Q1 2025 Earnings
- Dime Community Bancshares Reports Strong Earnings Call
- Dime Community reports Q1 adjusted EPS 57c, consensus 55c
- Dime Community Bancshares, Inc. (DCOM) Q1 Earnings Cheat Sheet