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

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$41.34 -1.59 (-3.70 %)
(As of 03/21/2019 04:10 AM ET)
Previous Close$42.93
Today's Range$41.21 - $43.3180
52-Week Range$34.62 - $59.46
Volume1.04 million shs
Average Volume680,507 shs
Market Capitalization$2.95 billion
P/E Ratio10.49
Dividend Yield3.17%
Beta1.44
Chemical Financial Corporation operates as a financial holding company of Chemical Bank that offers 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. The company also offers mutual funds, annuity products, and market securities; trust, investment management, and custodial services; financial and estate planning; and retirement and employee benefit programs. As of January 23, 2018, it operated through 212 banking offices located in Michigan, northeast Ohio, and northern Indiana. The company has 7 loan production offices and approximately 245 automated teller machines. Chemical Financial Corporation was founded in 1917 and is headquartered in Detroit, Michigan.

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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$4.2098 per share
Book Value$39.70 per share

Profitability

Net Income$284.02 million

Miscellaneous

Employees3,100
Market Cap$2.95 billion
Next Earnings Date4/23/2019 (Estimated)
OptionableOptionable

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 Thursday, January 24th. Shareholders of record on Friday, March 1st will be given a dividend of $0.34 per share on Friday, March 15th. This represents a $1.36 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend is Thursday, February 28th. View Chemical Financial's Dividend History.

How were Chemical Financial's earnings last quarter?

Chemical Financial Co. (NASDAQ:CHFC) announced its quarterly earnings data on Monday, January, 28th. The bank reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.99 by $0.02. The bank had revenue of $195.50 million for the quarter, compared to analysts' expectations of $200.12 million. Chemical Financial had a net margin of 30.57% and a return on equity of 10.20%. During the same period in the prior year, the company earned $0.87 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, April 23rd 2019. View Earnings Estimates for Chemical Financial.

What price target have analysts set for CHFC?

5 equities research analysts have issued 1-year price targets for Chemical Financial's stock. Their predictions range from $52.00 to $59.00. On average, they anticipate Chemical Financial's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 33.0% from the stock's current price. View Analyst Price Targets for Chemical Financial.

What is the consensus analysts' recommendation for Chemical Financial?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemical Financial in the last year. There are currently 1 hold rating and 4 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 articles about CHFC stock have trended very negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Chemical Financial earned a coverage optimism score of -3.6 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.

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 Weyerhaeuser (WY), General Electric (GE), Alibaba Group (BABA), Constellation Brands (STZ), Becton Dickinson and (BDX), Johnson & Johnson (JNJ), The Coca-Cola (KO), Procter & Gamble (PG), Middleby (MIDD) and PPL (PPL).

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.87%), Dimensional Fund Advisors LP (4.46%), Vaughan Nelson Investment Management L.P. (3.72%), Northern Trust Corp (2.46%), Chemical Bank (1.82%) and Oregon Public Employees Retirement Fund (1.46%). 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 and Ronald A Klein. 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 Monarch Partners Asset Management LLC, New York State Common Retirement Fund, First Trust Advisors LP, Mesirow Financial Investment Management Equity Management, Elk Creek Partners LLC, SG Americas Securities LLC, Public Employees Retirement System of Ohio and Northpointe Capital LLC. Company insiders that have sold Chemical Financial company stock in the last year include Larry D Stauffer and Robert Rathbun. 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 Oregon Public Employees Retirement Fund, Norges Bank, Vaughan Nelson Investment Management L.P., Victory Capital Management Inc., Prudential Financial Inc., BlackRock Inc., Millennium Management LLC and Fort Washington Investment Advisors Inc. OH. 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 $41.34.

How big of a company is Chemical Financial?

Chemical Financial has a market capitalization of $2.95 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.

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:  2.0 out of 5 (star star)
Outperform Votes:  168 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  417
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 3/21/2019 by MarketBeat.com Staff

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