Chemung Financial (CHMG) Expected to Announce Quarterly Earnings on Friday

Key Points

• Chemung Financial (CHMG) will report Q1 2026 results before the market opens on April 17; analysts expect EPS of $1.63 and revenue of $29.209 million versus last quarter's $1.61 EPS and $30.52 million revenue.
• The bank recently paid a $0.34 quarterly dividend (annualized $1.36, yield 2.3%) and the stock trades near $60 with a market cap of $289.2M and a P/E of about 19.1.
• Insiders sold 3,823 shares (~$220,860) in the past 90 days but still own 12.41% while institutions hold 47.5%; analysts' consensus rating is Hold with an average price target of $57.

Chemung Financial (NASDAQ:CHMG - Get Free Report) is expected to be announcing its Q1 2026 results before the market opens on Friday, April 17th. Analysts expect Chemung Financial to post earnings of $1.63 per share and revenue of $29.2090 million for the quarter. Investors can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Friday, April 17, 2026 at 4:00 PM ET.

Chemung Financial (NASDAQ:CHMG - Get Free Report) last issued its earnings results on Monday, January 26th. The bank reported $1.61 EPS for the quarter, topping analysts' consensus estimates of $1.60 by $0.01. The firm had revenue of $30.52 million for the quarter, compared to the consensus estimate of $29.48 million. Chemung Financial had a return on equity of 11.58% and a net margin of 10.73%. On average, analysts expect Chemung Financial to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Chemung Financial Stock Up 2.8%

Chemung Financial stock opened at $60.00 on Friday. The business's 50-day moving average price is $56.77 and its 200 day moving average price is $54.75. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.53. The firm has a market cap of $289.20 million, a price-to-earnings ratio of 19.11 and a beta of 0.45. Chemung Financial has a 52 week low of $40.71 and a 52 week high of $65.50.

Chemung Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 18th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 2.3%. The ex-dividend date was Wednesday, March 18th. Chemung Financial's dividend payout ratio is currently 43.31%.

Insider Activity at Chemung Financial

In related news, insider Daniel D. Fariello sold 748 shares of the business's stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $61.13, for a total transaction of $45,725.24. Following the completion of the sale, the insider directly owned 7,110 shares in the company, valued at approximately $434,634.30. The trade was a 9.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert H. Dalrymple sold 2,833 shares of the stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $56.56, for a total value of $160,234.48. Following the completion of the transaction, the director directly owned 1,351 shares of the company's stock, valued at approximately $76,412.56. This represents a 67.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 3,823 shares of company stock worth $220,860. Company insiders own 12.41% of the company's stock.

Institutional Investors Weigh In On Chemung Financial

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. acquired a new stake in shares of Chemung Financial in the fourth quarter valued at about $232,000. AQR Capital Management LLC boosted its position in Chemung Financial by 8.7% during the fourth quarter. AQR Capital Management LLC now owns 18,521 shares of the bank's stock worth $1,033,000 after acquiring an additional 1,486 shares during the last quarter. Trexquant Investment LP grew its stake in Chemung Financial by 17.2% during the 4th quarter. Trexquant Investment LP now owns 5,673 shares of the bank's stock valued at $317,000 after acquiring an additional 833 shares in the last quarter. Captrust Financial Advisors grew its stake in Chemung Financial by 5.0% during the 4th quarter. Captrust Financial Advisors now owns 7,880 shares of the bank's stock valued at $440,000 after acquiring an additional 372 shares in the last quarter. Finally, Panagora Asset Management Inc. raised its holdings in Chemung Financial by 18.0% in the 4th quarter. Panagora Asset Management Inc. now owns 15,609 shares of the bank's stock valued at $871,000 after acquiring an additional 2,384 shares during the last quarter. Institutional investors and hedge funds own 47.50% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Chemung Financial in a research note on Friday, March 27th. Keefe, Bruyette & Woods upped their target price on Chemung Financial from $60.00 to $64.00 and gave the stock a "market perform" rating in a research note on Wednesday, January 28th. Zacks Research upgraded Chemung Financial from a "strong sell" rating to a "hold" rating in a research report on Friday, February 6th. Finally, Wall Street Zen raised shares of Chemung Financial from a "hold" rating to a "buy" rating in a research note on Saturday, December 27th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $57.00.

Chemung Financial Company Profile

Chemung Financial Corporation serves as the bank holding company for Chemung Canal Trust Company, a community bank founded in 1833 and headquartered in Elmira, New York. With deep historical roots in the Southern Tier of New York, the company has expanded its footprint to serve customers throughout the region, including northern Pennsylvania. Chemung Financial emphasizes relationship-driven banking by combining personalized service with modern delivery channels.

Through its subsidiary, Chemung Canal Trust Company, Chemung Financial offers a comprehensive suite of financial products and services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.