NASDAQ:CHFC - Chemical Financial Stock Price, News & Analysis

$38.43
+0.52 (+1.37 %)
(As of 08/23/2019 02:55 AM ET)
Today's Range
$38.05
Now: $38.43
$38.51
50-Day Range
$36.10
MA: $40.69
$43.54
52-Week Range
$34.62
Now: $38.43
$59.10
Volume1.02 million shs
Average Volume564,064 shs
Market Capitalization$2.75 billion
P/E Ratio9.75
Dividend Yield3.13%
Beta1.48
Chemical Financial Corporation operates as a financial holding company of Chemical Bank that offers a range of banking and fiduciary products and services to residents and business customers. It offers 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, safe deposit box, money transfer, automated teller machines, insurance and investment products, corporate and personal wealth management, and mortgage banking and other banking services. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:CHFC
CUSIP16373110
Phone989-839-5350

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$924.53 million
Cash Flow$4.0410 per share
Book Value$41.28 per share

Profitability

Net Income$284.02 million

Miscellaneous

Employees3,100
Market Cap$2.75 billion
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

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Chemical Financial (NASDAQ:CHFC) Frequently Asked Questions

What is Chemical Financial's stock symbol?

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

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

Chemical Financial announced a quarterly dividend on Tuesday, April 23rd. Shareholders of record on Friday, June 7th will be paid a dividend of $0.34 per share on Friday, June 21st. This represents a $1.36 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Thursday, June 6th. View Chemical Financial's Dividend History.

How were Chemical Financial's earnings last quarter?

Chemical Financial Co. (NASDAQ:CHFC) posted its quarterly earnings data on Wednesday, July, 24th. The bank reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $1.01 by $0.05. The bank had revenue of $203.33 million for the quarter, compared to analyst estimates of $204.83 million. Chemical Financial had a net margin of 28.25% and a return on equity of 10.21%. During the same period last year, the firm earned $0.96 EPS. View Chemical Financial's Earnings History.

When is Chemical Financial's next earnings date?

Chemical Financial is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Chemical Financial.

What price target have analysts set for CHFC?

7 Wall Street analysts have issued twelve-month target prices for Chemical Financial's shares. Their forecasts range from $50.00 to $59.00. On average, they anticipate Chemical Financial's share price to reach $53.8333 in the next twelve months. This suggests a possible upside of 40.1% from the stock's current price. View Analyst Price Targets for Chemical Financial.

What is the consensus analysts' recommendation for Chemical Financial?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemical Financial in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Chemical Financial.

Has Chemical Financial been receiving favorable news coverage?

News coverage about CHFC stock has trended positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Chemical Financial earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for Chemical Financial.

Are investors shorting Chemical Financial?

Chemical Financial saw a increase in short interest in July. As of July 15th, there was short interest totalling 6,729,700 shares, an increase of 7.2% from the June 15th total of 6,275,400 shares. Based on an average daily volume of 554,500 shares, the short-interest ratio is presently 12.1 days. Currently, 9.5% of the company's stock are sold short. View Chemical Financial's Current Options Chain.

Who are some of Chemical Financial's key competitors?

What other stocks do shareholders of Chemical Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Chemical Financial investors own include Alibaba Group (BABA), Intel (INTC), Becton Dickinson and (BDX), Mongodb (MDB), General Electric (GE), Johnson & Johnson (JNJ), The Coca-Cola (KO), Procter & Gamble (PG), Verizon Communications (VZ) and Weyerhaeuser (WY).

Who are Chemical Financial's key executives?

Chemical Financial's management team includes the folowing people:
  • Mr. David T. Provost, Pres, CEO & Director (Age 65)
  • Mr. Dennis L. Klaeser, Exec. VP, CFO & Treasurer (Age 62)
  • Mr. Robert S. Rathbun, Exec. VP of Retail & Regional Pres of the East Region of Chemical Bank (Age 55)
  • Mr. John Brennan Ryan, COO, Exec. VP & Exec. Legal Counsel (Age 49)
  • Ms. Kathleen S. Wendt, Exec. VP & Deputy CFO (Age 45)

Who are Chemical Financial's major shareholders?

Chemical Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.74%), Vanguard Group Inc. (9.84%), Northern Trust Corp (2.62%), Invesco Ltd. (2.24%), Schroder Investment Management Group (1.81%) and Chemical Bank (1.73%). Company insiders that own Chemical Financial stock include David T Provost, Dennis L Klaeser, Gregory R Bixby, Larry D Stauffer, Lori A Gwizdala, Richard M Lievense, Robert Rathbun, Ronald A Klein and Thomas C Shafer. View Institutional Ownership Trends for Chemical Financial.

Which institutional investors are selling Chemical Financial stock?

CHFC stock was sold by a variety of institutional investors in the last quarter, including Waddell & Reed Financial Inc., Westwood Holdings Group Inc., Prudential Financial Inc., Vaughan Nelson Investment Management L.P., ClariVest Asset Management LLC, Deroy & Devereaux Private Investment Counsel Inc., Schroder Investment Management Group and Citadel Advisors LLC. View Insider Buying and Selling for Chemical Financial.

Which institutional investors are buying Chemical Financial stock?

CHFC stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., BlackRock Inc., Nuveen Asset Management LLC, Castine Capital Management LLC, Stieven Capital Advisors L.P., Vanguard Group Inc., Northern Trust Corp and D. E. Shaw & Co. Inc.. Company insiders that have bought Chemical Financial stock in the last two years include David T Provost, Dennis L Klaeser and Thomas C Shafer. View Insider Buying and Selling for Chemical Financial.

How do I buy shares of Chemical Financial?

Shares of CHFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Chemical Financial's stock price today?

One share of CHFC stock can currently be purchased for approximately $38.43.

How big of a company is Chemical Financial?

Chemical Financial has a market capitalization of $2.75 billion and generates $924.53 million in revenue each year. The bank earns $284.02 million in net income (profit) each year or $3.94 on an earnings per share basis. Chemical Financial employs 3,100 workers across the globe.View Additional Information About Chemical Financial.

What is Chemical Financial's official website?

The official website for Chemical Financial is http://www.chemicalbankmi.com/.

How can I contact Chemical Financial?

Chemical Financial's mailing address is 235 E MAIN ST, MIDLAND MI, 48640. The bank can be reached via phone at 989-839-5350.


MarketBeat Community Rating for Chemical Financial (NASDAQ CHFC)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  196 (Vote Outperform)
Underperform Votes:  282 (Vote Underperform)
Total Votes:  478
MarketBeat's community ratings are surveys of what our community members think about Chemical Financial and other stocks. Vote "Outperform" if you believe CHFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/23/2019 by MarketBeat.com Staff

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