NASDAQ:CHFCChemical Financial Stock Price, Forecast & News Notice: This company has been marked as potentially delisted and may not be actively trading. Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Chemical Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $30.33 -1.27 (-4.02 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's Range$29.76Now: $30.33▼$32.0050-Day Range$36.10MA: $40.56▼$43.5452-Week Range$34.62Now: $30.33▼$59.10Volume681,627 shsAverage Volume564,064 shsMarket Capitalization$2.17 billionP/E Ratio7.70Dividend Yield3.13%Beta1.48 ProfileAnalyst RatingsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. The company also offers mutual funds and annuities; trust, investment management, and custodial services; financial and estate planning; and retirement and employee benefit programs. As of December 31, 2018, it operated through 212 banking offices located in Michigan, northeast Ohio, and northern Indiana. The company has 8 loan production offices and approximately 237 automated teller machines. Chemical Financial Corporation was founded in 1917 and is headquartered in Detroit, Michigan.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingChemical Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $55.00, Chemical Financial has a potential upside of 81.3% from its current price of $30.33.Amount of Analyst CoverageChemical Financial has received no research coverage in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesChemical Financial has received 218 “outperform” votes. (Add your “outperform” vote.)Underperform VotesChemical Financial has received 322 “underperform” votes. (Add your “underperform” vote.)Community SentimentChemical Financial has received 59.63% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipChemical Financial is a leading dividend payer. It pays a dividend yield of 3.13%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthChemical Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Chemical Financial is 34.52 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Chemical Financial will have a dividend payout ratio of 28.81 % next year. This indicates that Chemical Financial will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chemical Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Chemical Financial is held by insiders.Percentage Held by Institutions86.66% of the stock of Chemical Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Chemical Financial are expected to grow by 14.29% in the coming year, from $4.13 to $4.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chemical Financial is 7.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Chemical Financial is 7.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.27.Price to Earnings Growth RatioChemical Financial has a PEG Ratio of 1.19. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioChemical Financial has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.0Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.47 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:CHFC Previous Symbol CUSIP16373110 CIK19612 Webwww.chemicalbankmi.com Phone989-839-5350Debt Debt-to-Equity Ratio0.14 Current Ratio0.90 Quick Ratio0.90Price-To-Earnings Trailing P/E Ratio7.70 Forward P/E Ratio7.34 P/E Growth1.19 Sales & Book Value Annual Sales$924.53 million Price / Sales2.35 Cash Flow$3.19 per share Price / Cash Flow9.51 Book Value$41.28 per share Price / Book0.73Profitability EPS (Most Recent Fiscal Year)$3.94 Net Income$284.02 million Net Margins28.25% Return on Equity10.21% Return on Assets1.35%Miscellaneous Employees3,100 Outstanding Shares71,550,000Market Cap$2.17 billion Next Earnings DateN/A OptionableOptionable Receive CHFC News and Ratings via Email Sign-up to receive the latest news and ratings for CHFC and its competitors with MarketBeat's FREE daily newsletter. Chemical Financial (NASDAQ:CHFC) Frequently Asked Questions Do Wall Street analysts recommend investors buy shares of Chemical Financial? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemical Financial in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Chemical Financial. How were Chemical Financial's earnings last quarter? Chemical Financial Co. (NASDAQ:CHFC) posted its quarterly earnings data on Tuesday, October, 23rd. The bank reported $0.98 earnings per share for the quarter, missing the consensus estimate of $0.99 by $0.01. The bank had revenue of $197.40 million for the quarter, compared to analysts' expectations of $200.16 million. Chemical Financial had a return on equity of 10.21% and a net margin of 28.25%. During the same quarter in the previous year, the firm posted $0.79 earnings per share. View Chemical Financial's earnings history. What price target have analysts set for CHFC? 1 analysts have issued 12-month price objectives for Chemical Financial's shares. Their forecasts range from $55.00 to $55.00. On average, they expect Chemical Financial's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 81.3% from the stock's current price. View analysts' price targets for Chemical Financial. Has Chemical Financial been receiving favorable news coverage? News coverage about CHFC stock has trended extremely positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by analyzing 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 closest to five being the most favorable. Chemical Financial earned a media sentiment score of 4.7 on InfoTrie's scale. They also gave news articles about the bank a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutChemical Financial. Who are some of Chemical Financial's key competitors? Some companies that are related to Chemical Financial include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and East West Bancorp (EWBC). View all 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), Becton Dickinson and (BDX), General Electric (GE), Intel (INTC), Johnson & Johnson (JNJ), Coca-Cola (KO), Mongodb (MDB), Procter & Gamble (PG), Weyerhaeuser (WY) and Bank of Hawaii (BOH). Who are Chemical Financial's key executives? Chemical Financial's management team includes the following 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) What is Chemical Financial's stock symbol? Chemical Financial trades on the NASDAQ under the ticker symbol "CHFC." What is Chemical Financial's stock price today? One share of CHFC stock can currently be purchased for approximately $30.33. How big of a company is Chemical Financial? Chemical Financial has a market capitalization of $2.17 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 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. This page was last updated on 5/28/2020 by MarketBeat.com Staff
