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. Investors 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 annualized dividend and a dividend yield of 3.61%. The ex-dividend date of this dividend is Thursday, June 6th. View Chemical Financial's Dividend History.

Chemical Financial Co. (NASDAQ:CHFC) posted its quarterly earnings results on Wednesday, July, 24th. The bank reported $1.06 earnings per share for the quarter, beating the consensus estimate 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 net margin of 28.25% and a return on equity of 10.21%. During the same quarter in the previous year, the firm posted $0.96 earnings per share. 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 brokerages have issued 12-month price objectives for Chemical Financial's shares. Their predictions range from $50.00 to $59.00. On average, they anticipate Chemical Financial's stock price to reach $53.8333 in the next twelve months. This suggests a possible upside of 43.0% 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.

News headlines about CHFC stock have trended negative on Saturday, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -2.3 on InfoTrie's scale. They also gave news headlines about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. 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 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.

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), Prosperity Bancshares (PB), Western Alliance Bancorporation (WAL), First Financial Bankshares (FFIN), United Bankshares (UBSI), IBERIABANK (IBKC), Wintrust Financial (WTFC), Glacier Bancorp (GBCI), First Hawaiian (FHB) and Bank Ozk (OZK).

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 a number of of institutional and retail 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.

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., 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.

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 $37.65.

Chemical Financial has a market capitalization of $2.69 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.