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

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

Chemical Financial declared a quarterly dividend on Tuesday, April 23rd. Stockholders 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 dividend yield of 3.53%. The ex-dividend date of this dividend is Thursday, June 6th. View Chemical Financial's Dividend History.

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

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

7 Wall Street analysts have issued twelve-month price objectives for Chemical Financial's shares. Their forecasts range from $50.00 to $59.00. On average, they expect Chemical Financial's share price to reach $53.8333 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price. View Analyst Price Targets 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.

Headlines about CHFC stock have been trending positive recently, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chemical Financial earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View News Stories for Chemical Financial.

Chemical Financial saw a increase in short interest during the month of 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 trading volume of 554,500 shares, the days-to-cover ratio is currently 12.1 days. Currently, 9.5% of the shares of the company are short sold. View Chemical Financial's Current Options Chain.

Some companies that are related to Chemical Financial include SVB Financial Group (SIVB), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC), Popular (BPOP), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), First Financial Bankshares (FFIN), United Bankshares (UBSI), IBERIABANK (IBKC), Wintrust Financial (WTFC), Glacier Bancorp (GBCI), First Hawaiian (FHB) and Bank of Hawaii (BOH).

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).

Chemical Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.74%), BlackRock Inc. (13.74%), Vanguard Group Inc. (9.84%), Northern Trust Corp (2.62%), Invesco Ltd. (2.24%) and Schroder Investment Management Group (1.81%). 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.

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.

CHFC stock was acquired by a variety of institutional investors in the last quarter, including Invesco Ltd., BlackRock Inc., BlackRock Inc., Nuveen Asset Management LLC, Castine Capital Management LLC, Stieven Capital Advisors L.P., Vanguard Group Inc. and Northern Trust Corp. 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.

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.

One share of CHFC stock can currently be purchased for approximately $38.56.

Chemical Financial has a market capitalization of $2.76 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.

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

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