Chemical Financial Corporation Company Profile (NASDAQ:CHFC)

About Chemical Financial Corporation

Chemical Financial Corporation logoChemical Financial Corporation is a financial holding company. The Company operates in the commercial banking segment. The Company, through its subsidiary bank, Chemical Bank, offers banking and fiduciary products and services. Its products and services include business and personal checking accounts, savings and individual retirement accounts, time deposit instruments, electronically accessed banking products, residential and commercial real estate financing, commercial lending, consumer financing, debit cards, access to insurance and investment products, corporate and personal wealth management services, and other banking services. It operates through an organizational structure of over four regional banking units. The Chemical Bank serves the markets through over 185 banking offices located in over 50 counties across Michigan's Lower Peninsula. In addition to its banking offices, Chemical Bank operates over three loan production offices and over 200 automated teller machines.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: CHFC
  • CUSIP: 16373110
Key Metrics:
  • Previous Close: $53.17
  • 50 Day Moving Average: $51.16
  • 200 Day Moving Average: $47.85
  • 52-Week Range: $70,598,000.00 - $32.84
  • Trailing P/E Ratio: 24.54
  • Foreward P/E Ratio: 15.09
  • P/E Growth: 4.30
  • Market Cap: $3.76B
  • Outstanding Shares: 70,598,000
  • Beta: 1.11
Profitability:
  • Net Margins: 20.09%
  • Return on Equity: 8.95%
  • Return on Assets: 1.15%
Debt:
  • Debt-to-Equity Ratio: 0.26%
  • Current Ratio: 1.00%
  • Quick Ratio: 0.98%
Additional Links:
Companies Related to Chemical Financial Corporation:

Analyst Ratings

Consensus Ratings for Chemical Financial Corporation (NASDAQ:CHFC) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $44.75 (15.98% downside)

Analysts' Ratings History for Chemical Financial Corporation (NASDAQ:CHFC)
Show:
DateFirmActionRatingPrice TargetDetails
12/20/2016Hilliard LyonsDowngradeBuy -> Neutral$49.00 -> $55.00View Rating Details
9/2/2016StephensInitiated CoverageEqual WeightView Rating Details
7/28/2016Keefe, Bruyette & WoodsBoost Price TargetOutperform$43.00 -> $45.00View Rating Details
6/7/2016Boenning ScattergoodReiterated RatingNeutralView Rating Details
3/2/2016Raymond James Financial, Inc.Initiated CoverageStrong-Buy$42.00View Rating Details
2/29/2016FIG PartnersDowngradeOutperform -> Market Perform$37.00View Rating Details
1/28/2016Sandler O'NeillUpgradeHold -> BuyView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Chemical Financial Corporation (NASDAQ:CHFC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/13/2017        
10/25/2016Q3$0.69$0.72$120.40 millionViewN/AView Earnings Details
7/26/2016Q2$0.65$0.72ViewN/AView Earnings Details
4/15/2016Q1$0.63$0.60ViewN/AView Earnings Details
1/25/2016Q4$0.67$0.66ViewListenView Earnings Details
10/21/2015Q3$0.63$0.65ViewListenView Earnings Details
7/21/2015Q2$0.55$0.54$84.70 millionViewListenView Earnings Details
4/17/2015Q115$0.51$0.57$80.51 millionViewN/AView Earnings Details
1/27/2015Q413$0.48$0.56$75.55 millionViewN/AView Earnings Details
10/22/2014Q3$0.44$0.51ViewN/AView Earnings Details
7/23/2014$0.49$0.54ViewN/AView Earnings Details
4/21/2014Q1$0.48$0.46ViewListenView Earnings Details
1/27/2014Q4 13$0.49$0.48ViewN/AView Earnings Details
10/28/2013Q313$0.49$0.53$64.80 millionViewN/AView Earnings Details
7/17/2013Q2 2013$0.48$0.51$60.48 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Chemical Financial Corporation (NASDAQ:CHFC)
Current Year EPS Consensus Estimate: $3.09 EPS
Next Year EPS Consensus Estimate: $3.53 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20162$0.64$0.65$0.65
Q3 20162$0.62$0.70$0.66
Q4 20162$0.70$0.71$0.71
Q1 20172$0.69$0.71$0.70
Q2 20172$0.75$0.78$0.77
Q3 20172$0.80$0.81$0.81
Q4 20172$0.81$0.82$0.82
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Chemical Financial Corporation (NASDAQ:CHFC)
Annual Dividend:$1.08
Dividend Yield:2.03%
Payout Ratio:50.47% (Based on Trailing 12 Months of Earnings)
34.95% (Based on Current Year Consensus EPS Estimate)
30.59% (Based on Next Year Consensus EPS Estimate)

Dividend History for Chemical Financial Corporation (NASDAQ:CHFC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/10/2016quarterly$0.272.23%11/30/201612/2/201612/16/2016
8/17/2016quarterly$0.272.43%8/26/20168/30/20169/16/2016
4/21/2016quarterly$0.262.7%6/1/20166/3/20166/17/2016
1/21/2016quarterly$0.263.42%3/2/20163/4/20163/18/2016
10/22/2015quarterly$0.263.07%12/2/201512/4/201512/18/2015
7/22/2015$0.269/2/20159/4/20159/18/2015
5/21/2015quarterly$0.243.15%6/3/20156/5/20156/19/2015
2/18/2015quarterly$0.243.19%3/4/20153/6/20153/20/2015
11/18/2014quarterly$0.243.23%12/3/201412/5/201412/19/2014
8/19/2014quarterly$0.243.39%9/3/20149/5/20149/19/2014
5/20/2014quarterly$0.233.29%6/4/20146/6/20146/20/2014
2/18/2014quarterly$0.233.22%3/5/20143/7/20143/21/2014
11/19/2013quarterly$0.233.08%12/4/201312/6/201312/20/2013
8/20/2013quarterly$0.223.07%9/4/20139/6/20139/20/2013
5/21/2013quarterly$0.213.23%6/5/20136/7/20136/21/2013
2/19/2013quarterly$0.213.37%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Chemical Financial Corporation (NASDAQ:CHFC)
Insider Ownership Percentage: 2.20%
Institutional Ownership Percentage: 74.36%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/3/2017Ronald A KleinDirectorSell4,725$49.25$232,706.25View SEC Filing  
1/31/2017Ronald A KleinDirectorSell5,000$48.88$244,400.00View SEC Filing  
1/30/2017James R FitterlingDirectorBuy1,500$48.57$72,855.00View SEC Filing  
1/30/2017Thomas C ShaferInsiderSell51,393$48.25$2,479,712.25View SEC Filing  
11/30/2016Larry D. StaufferDirectorSell3,850$51.89$199,776.50View SEC Filing  
11/18/2016Lori A GwizdalaInsiderSell500$51.08$25,540.00View SEC Filing  
10/31/2016Gary TorgowDirectorSell55,000$42.99$2,364,450.00View SEC Filing  
9/1/2016David T ProvostDirectorSell279,101$45.24$12,626,529.24View SEC Filing  
9/1/2016Dennis L KlaeserCFOSell49,785$45.24$2,252,273.40View SEC Filing  
9/1/2016Thomas C ShaferEVPSell34,456$45.24$1,558,789.44View SEC Filing  
8/31/2016Lori A GwizdalaEVPSell200$46.08$9,216.00View SEC Filing  
8/30/2016Thomas W KohnInsiderSell1,000$46.75$46,750.00View SEC Filing  
8/17/2016Lori A GwizdalaVPSell800$44.55$35,640.00View SEC Filing  
8/15/2016Richard M LievenseDirectorSell4,500$44.03$198,135.00View SEC Filing  
2/29/2016Daniel W TerpsmaInsiderBuy1,000$33.87$33,870.00View SEC Filing  
2/24/2016Daniel W TerpsmaInsiderBuy1,406$33.09$46,524.54View SEC Filing  
2/19/2016Daniel W TerpsmaInsiderBuy1,500$33.00$49,500.00View SEC Filing  
2/1/2016Richard M. LievenseDirectorSell5,162$32.19$166,164.78View SEC Filing  
2/27/2015Lori A GwizdalaCFOSell1,166$30.38$35,423.08View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Chemical Financial Corporation (NASDAQ:CHFC)
DateHeadline
nasdaq.com logoMarietta Investment Partners Llc Buys Citizens Financial Group, Charles Schwab, Diamondback ... (NASDAQ:CHFC)
www.nasdaq.com - February 16 at 4:21 PM
News IconOfficer of Principal Bus. Unit of Chemical Financial Corporation (NASDAQ:CHFC), Gwizdala Lori A, sells 450 shares worth $22,824 (NASDAQ:CHFC)
empowerednews.net - February 16 at 4:21 PM
capitalcube.com logoETFs with exposure to Chemical Financial Corp. : February 14, 2017 (NASDAQ:CHFC)
www.capitalcube.com - February 14 at 5:03 PM
News IconDividend Diamond in Focus Chemical Financial Corporation (NASDAQ:CHFC) (NASDAQ:CHFC)
mlbinjurynews.com - February 7 at 2:22 AM
News IconDirector of Chemical Financial Corporation (NASDAQ:CHFC), Klein Ronald A, sells 4,725 shares worth $232,706 (NASDAQ:CHFC)
empowerednews.net - February 7 at 2:22 AM
capitalcube.com logoETFs with exposure to Chemical Financial Corp. : February 2, 2017 (NASDAQ:CHFC)
www.capitalcube.com - February 2 at 4:35 PM
News IconDirector of Chemical Financial Corporation (NASDAQ:CHFC), Fitterling James R, buys 1,500 shares worth $72,854 (NASDAQ:CHFC)
empowerednews.net - February 1 at 2:46 AM
capitalcube.com logoChemical Financial Corp. :CHFC-US: Earnings Analysis: 2016 By the Numbers : January 30, 2017 (NASDAQ:CHFC)
www.capitalcube.com - January 30 at 5:02 PM
capitalcube.com logoChemical Financial Corp. : CHFC-US: Dividend Analysis : December 02nd, 2016 (record date) : By the numbers : January 27, 2017 (NASDAQ:CHFC)
www.capitalcube.com - January 27 at 5:36 PM
finance.yahoo.com logoEdited Transcript of CHFC earnings conference call or presentation 26-Jan-17 3:00pm GMT (NASDAQ:CHFC)
finance.yahoo.com - January 26 at 10:09 PM
4-traders.com logoChemical Financial : posts 4Q profit (NASDAQ:CHFC)
www.4-traders.com - January 26 at 5:09 PM
seekingalpha.com logoChemical Financial's (CHFC) CEO David Ramaker on Q4 2016 Results - Earnings Call Transcript (NASDAQ:CHFC)
seekingalpha.com - January 26 at 5:09 PM
reuters.com logoBRIEF-Chemical Financial Corp appoints Jeffrey L. Tate to board of directors (NASDAQ:CHFC)
www.reuters.com - January 25 at 10:24 PM
News IconTate named to Chemical Financial board (NASDAQ:CHFC)
www.ourmidland.com - January 25 at 10:24 PM
streetinsider.com logoChemical Financial (CHFC) Names Jeffrey Tate to Board of Directors (NASDAQ:CHFC)
www.streetinsider.com - January 25 at 10:24 PM
reuters.com logoBRIEF-Chemical Financial Corporation reports Q4 EPS $0.66 (NASDAQ:CHFC)
in.reuters.com - January 25 at 10:24 PM
sg.finance.yahoo.com logoChemical Financial posts 4Q profit (NASDAQ:CHFC)
sg.finance.yahoo.com - January 25 at 10:24 PM
biz.yahoo.com logoQ4 2016 Chemical Financial Corp Earnings Release - After Market Close (NASDAQ:CHFC)
us.rd.yahoo.com - January 25 at 5:22 PM
us.rd.yahoo.com logoChemical Financial Corporation Reports Fourth Quarter and Full Year 2016 Results (NASDAQ:CHFC)
us.rd.yahoo.com - January 25 at 5:22 PM
finance.yahoo.com logoJeffrey L. Tate Named to Chemical Financial Corporation Board of Directors (NASDAQ:CHFC)
finance.yahoo.com - January 23 at 4:34 PM
biz.yahoo.com logoCHEMICAL FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Fina (NASDAQ:CHFC)
biz.yahoo.com - January 23 at 4:34 PM
capitalcube.com logoChemical Financial Corp. breached its 50 day moving average in a Bearish Manner : CHFC-US : January 18, 2017 (NASDAQ:CHFC)
www.capitalcube.com - January 18 at 4:35 PM
finance.yahoo.com logoChemical Financial Corporation Announces Fourth Quarter and Full Year 2016 Earnings Conference Call (NASDAQ:CHFC)
finance.yahoo.com - January 17 at 5:05 PM
streetinsider.com logoForm 4 CHEMICAL FINANCIAL CORP For: Jan 04 Filed by: TERPSMA DANIEL W (NASDAQ:CHFC)
www.streetinsider.com - January 6 at 9:43 PM
capitalcube.com logoETFs with exposure to Chemical Financial Corp. : January 6, 2017 (NASDAQ:CHFC)
www.capitalcube.com - January 6 at 4:42 PM
News IconTodays: The Chemical Bank Sold 19904 Shares of Chemical Financial Corporation (CHFC) (NASDAQ:CHFC)
vouxmagazine.com - January 3 at 6:02 PM
streetinsider.com logoForm 4 CHEMICAL FINANCIAL CORP For: Dec 22 Filed by: Anderson Gary E (NASDAQ:CHFC)
www.streetinsider.com - December 30 at 4:40 PM
News IconIs Chemical Financial Corporation (CHFC) A Good Stock To Buy? (NASDAQ:CHFC)
feedproxy.google.com - December 15 at 5:31 PM
capitalcube.com logoETFs with exposure to Chemical Financial Corp. : December 13, 2016 (NASDAQ:CHFC)
www.capitalcube.com - December 13 at 4:56 PM
News IconThe FY2016 EPS Estimates for Chemical Financial Corp. (CHFC) Raised by Analyst (NASDAQ:CHFC)
myhealthbowl.com - December 6 at 12:00 PM
News IconDirector of Chemical Financial Corporation (NASDAQ:CHFC), Stauffer Larry D, sells 3,850 shares worth $199,775 (NASDAQ:CHFC)
empowerednews.net - December 2 at 9:47 AM
4-traders.com logoCHEMICAL FINANCIAL CORPORATION : ex-dividend day (NASDAQ:CHFC)
www.4-traders.com - December 1 at 4:24 PM
News IconOfficer of Principal Bus. Unit of Chemical Financial Corporation (NASDAQ:CHFC), Gwizdala Lori A, sells 500 shares worth $25,540 (NASDAQ:CHFC)
empowerednews.net - November 21 at 10:15 PM
News IconSEC Insider Narrative: Lori Gwizdala Sold 500 Shares of Chemical Financial Corporation (NASDAQ:CHFC) (NASDAQ:CHFC)
www.whatsonthorold.com - November 21 at 10:15 PM
marketexclusive.com logoChemical Financial Corporation (NASDAQ:CHFC) Files An 8-K Regulation FD Disclosure (NASDAQ:CHFC)
marketexclusive.com - November 17 at 11:31 AM
biz.yahoo.com logoCHEMICAL FINANCIAL CORP Files SEC form 8-K, Other Events (NASDAQ:CHFC)
biz.yahoo.com - November 14 at 4:22 PM
capitalcube.com logoChemical Financial Corp. breached its 50 day moving average in a Bullish Manner : CHFC-US : November 10, 2016 (NASDAQ:CHFC)
www.capitalcube.com - November 10 at 11:28 AM
publicnow.com logoChemical Financial Corporation Announces Fourth Quarter Cash Dividend (NASDAQ:CHFC)
www.publicnow.com - November 9 at 4:18 PM
capitalcube.com logoETF’s with exposure to Chemical Financial Corp. : November 8, 2016 (NASDAQ:CHFC)
www.capitalcube.com - November 8 at 1:58 PM
capitalcube.com logoChemical Financial Corp. :CHFC-US: Earnings Analysis: Q3, 2016 By the Numbers : November 7, 2016 (NASDAQ:CHFC)
www.capitalcube.com - November 7 at 3:51 PM
seekingalpha.com logoChemical Financial's (CHFC) CEO David Ramaker on Q3 2016 Results - Earnings Call Transcript (NASDAQ:CHFC)
seekingalpha.com - October 28 at 3:55 PM
finance.yahoo.com logoEdited Transcript of CHFC earnings conference call or presentation 26-Oct-16 2:30pm GMT (NASDAQ:CHFC)
finance.yahoo.com - October 27 at 8:45 AM
finance.yahoo.com logoChemical Financial tops 3Q profit forecasts (NASDAQ:CHFC)
finance.yahoo.com - October 25 at 9:27 PM
finance.yahoo.com logoChemical Financial Corporation Reports 2016 Third Quarter Operating Results (NASDAQ:CHFC)
finance.yahoo.com - October 25 at 4:12 PM
biz.yahoo.com logoCHEMICAL FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E (NASDAQ:CHFC)
biz.yahoo.com - October 25 at 4:12 PM
biz.yahoo.com logoQ3 2016 Chemical Financial Corp Earnings Release - After Market Close (NASDAQ:CHFC)
biz.yahoo.com - October 25 at 9:04 AM
publicnow.com logoChemical Financial Corporation Announces Third Quarter 2016 Earnings Conference Call (NASDAQ:CHFC)
www.publicnow.com - October 17 at 4:06 PM
biz.yahoo.com logoCHEMICAL FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:CHFC)
biz.yahoo.com - October 17 at 4:06 PM
capitalcube.com logoChemical Financial Corp. breached its 50 day moving average in a Bearish Manner : CHFC-US : October 13, 2016 (NASDAQ:CHFC)
www.capitalcube.com - October 13 at 8:34 AM
stocksdaily.net logoCan Chemical Financial Corporation (NASDAQ:CHFC) Outdo Analysts EPS Target Of $0.67? (NASDAQ:CHFC)
www.stocksdaily.net - October 7 at 9:05 AM

Social

What is Chemical Financial Corporation's stock symbol?

Chemical Financial Corporation trades on the NASDAQ under the ticker symbol "CHFC."

How often does Chemical Financial Corporation pay dividends? What is the dividend yield for Chemical Financial Corporation?

Chemical Financial Corporation declared a quarterly dividend on Thursday, November 10th. Stockholders of record on Friday, December 2nd will be given a dividend of $0.27 per share on Friday, December 16th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date is Wednesday, November 30th.

Where is Chemical Financial Corporation's stock going? Where will Chemical Financial Corporation's stock price be in 2017?

6 equities research analysts have issued 1 year target prices for Chemical Financial Corporation's stock. Their predictions range from $37.00 to $55.00. On average, they expect Chemical Financial Corporation's share price to reach $44.75 in the next twelve months.

When will Chemical Financial Corporation announce their earnings?

Chemical Financial Corporation is scheduled to release their next quarterly earnings announcement on Thursday, April, 13th 2017.

Who owns Chemical Financial Corporation stock?

Chemical Financial Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.21%), State Street Corp (3.69%), Franklin Resources Inc. (3.56%), Westwood Holdings Group Inc. (2.10%), Loomis Sayles & Co. L P (1.16%) and Thrivent Financial for Lutherans (0.57%). Company insiders that own Chemical Financial Corporation stock include Daniel W Terpsma, David T Provost, Dennis L Klaeser, Gary Torgow, James R Fitterling, Larry D Stauffer, Lori A Gwizdala, Richard M Lievense, Ronald A Klein, Thomas C Shafer and Thomas W Kohn.

Who sold Chemical Financial Corporation stock? Who is selling Chemical Financial Corporation stock?

Chemical Financial Corporation's stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Federated Investors Inc. PA, Cortina Asset Management LLC, Franklin Resources Inc., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Loomis Sayles & Co. L P and Teachers Retirement System of The State of Kentucky. Company insiders that have sold Chemical Financial Corporation stock in the last year include David T Provost, Dennis L Klaeser, Gary Torgow, Larry D Stauffer, Lori A Gwizdala, Richard M Lievense, Ronald A Klein, Thomas C Shafer and Thomas W Kohn.

Who bought Chemical Financial Corporation stock? Who is buying Chemical Financial Corporation stock?

Chemical Financial Corporation's stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Westwood Holdings Group Inc., AQR Capital Management LLC, Russell Investments Group Ltd., Allianz Asset Management AG, Waratah Capital Advisors Ltd., Guggenheim Capital LLC and Shelton Capital Management. Company insiders that have bought Chemical Financial Corporation stock in the last two years include Daniel W Terpsma and James R Fitterling.

How do I buy Chemical Financial Corporation stock?

Shares of Chemical Financial Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Chemical Financial Corporation stock cost?

One share of Chemical Financial Corporation stock can currently be purchased for approximately $53.26.

Chemical Financial Corporation (NASDAQ:CHFC) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Chemical Financial Corporation (NASDAQ:CHFC)

Earnings History Chart

Earnings by Quarter for Chemical Financial Corporation (NASDAQ:CHFC)

Dividend History Chart

Dividend Payments by Quarter for Chemical Financial Corporation (NASDAQ:CHFC)

Last Updated on 2/19/2017 by MarketBeat.com Staff