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

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$54.77 -0.71 (-1.28 %)
(As of 09/18/2018 09:12 AM ET)
Previous Close$55.48
Today's Range$54.47 - $55.66
52-Week Range$47.00 - $59.83
Volume227,542 shs
Average Volume182,559 shs
Market Capitalization$3.96 billion
P/E Ratio17.90
Dividend Yield2.45%
Beta1.05
Chemical Financial logoChemical 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 Midland, Michigan.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.12
Current Ratio0.92
Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio17.90
Forward P/E Ratio13.80
P/E Growth1.55

Sales & Book Value

Annual Sales$776.15 million
Price / Sales5.04
Cash Flow$3.6416 per share
Price / Cash15.04
Book Value$37.48 per share
Price / Book1.46

Profitability

EPS (Most Recent Fiscal Year)$3.06
Net Income$149.52 million
Net Margins22.38%
Return on Equity9.59%
Return on Assets1.32%

Miscellaneous

Employees3,000
Outstanding Shares71,420,000
Market Cap$3.96 billion

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, July 24th. Investors of record on Friday, September 7th will be paid a dividend of $0.34 per share on Friday, September 21st. This represents a $1.36 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Thursday, September 6th. This is a positive change from Chemical Financial's previous quarterly dividend of $0.28. View Chemical Financial's Dividend History.

How were Chemical Financial's earnings last quarter?

Chemical Financial Co. (NASDAQ:CHFC) announced its quarterly earnings results on Tuesday, July, 24th. The bank reported $0.96 EPS for the quarter, beating the consensus estimate of $0.95 by $0.01. The bank had revenue of $195.56 million for the quarter, compared to analysts' expectations of $195.58 million. Chemical Financial had a net margin of 22.38% and a return on equity of 9.59%. 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, 23rd 2018. View Earnings Estimates for Chemical Financial.

What price target have analysts set for CHFC?

6 analysts have issued 12-month target prices for Chemical Financial's stock. Their predictions range from $43.00 to $70.00. On average, they anticipate Chemical Financial's stock price to reach $59.50 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price. View Analyst Price Targets for Chemical Financial.

What is the consensus analysts' recommendation for Chemical Financial?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemical Financial in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Chemical Financial.

Who are some of Chemical Financial's key competitors?

Who are Chemical Financial's key executives?

Chemical Financial's management team includes the folowing people:
  • Mr. David T. Provost, Pres, CEO & Director (Age 64)
  • Mr. Dennis L. Klaeser, Exec. VP, CFO & Treasurer (Age 61)
  • Mr. Robert S. Rathbun, Exec. VP of Retail & Regional Pres of the East Region of Chemical Bank (Age 54)
  • Pavel Konecny, Sr. VP and Sr. Investment Officer
  • Ms. Kathleen S. Wendt, Exec. VP & Chief Accounting Officer (Age 44)

Has Chemical Financial been receiving favorable news coverage?

Media coverage about CHFC stock has trended somewhat positive this week, according to Accern. The research group ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Chemical Financial earned a coverage optimism score of 0.18 on Accern's scale. They also gave headlines about the bank an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Chemical Financial.

Who are Chemical Financial's major shareholders?

Chemical Financial's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.25%), Dimensional Fund Advisors LP (4.23%), Vaughan Nelson Investment Management L.P. (3.18%), Schroder Investment Management Group (2.36%), Chemical Bank (1.81%) and Glenmede Trust Co. NA (1.51%). Company insiders that own Chemical Financial stock include David T Provost, Dennis L Klaeser, Gary Torgow, Gregory R Bixby, James R Fitterling, 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 major investors are selling Chemical Financial stock?

CHFC stock was sold by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Aristotle Capital Boston LLC, Eagle Asset Management Inc., Victory Capital Management Inc., Federated Investors Inc. PA, Dimensional Fund Advisors LP, Northpointe Capital LLC and Peregrine Capital Management LLC. Company insiders that have sold Chemical Financial company stock in the last year include Dennis L Klaeser, Gregory R Bixby, Larry D Stauffer, Lori A Gwizdala, Richard M Lievense, Robert Rathbun and Ronald A Klein. View Insider Buying and Selling for Chemical Financial.

Which major investors are buying Chemical Financial stock?

CHFC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Deroy & Devereaux Private Investment Counsel Inc., Monarch Partners Asset Management LLC, WBI Investments Inc., FMR LLC, Bank of America Corp DE, Fort Washington Investment Advisors Inc. OH and Glenmede Trust Co. NA. Company insiders that have bought Chemical Financial stock in the last two years include David T Provost and James R Fitterling. 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 $54.77.

How big of a company is Chemical Financial?

Chemical Financial has a market capitalization of $3.96 billion and generates $776.15 million in revenue each year. The bank earns $149.52 million in net income (profit) each year or $3.06 on an earnings per share basis. Chemical Financial employs 3,000 workers across the globe.

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:  149 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  359
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 9/18/2018 by MarketBeat.com Staff

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