Chemung Financial (CHMG) Stock Price, News & Analysis

Company Overview

Chemung Financial Corporation is a bank holding company headquartered in Elmira, New York. Its principal subsidiary, Chemung Canal Trust Company, provides personal and business banking services through branches in New York and northern Pennsylvania.

The bank offers deposit accounts, loans, mortgages, and other lending services. Through its wealth management and financial services businesses, it also provides trust, investment management, financial planning, and insurance services.

Founded in 1833, Chemung Canal Trust Company has a long history of serving communities in the region. Chemung Financial operates primarily in New York’s Southern Tier and other parts of upstate New York, as well as neighboring areas of Pennsylvania.

Key Stats

• Today's Range: $85.50 to $86.66
• 50-Day Range: $79.18 to $87.60
• 52-Week Range: $50.31 to $89.34
• Volume: 67,123 shs
• Average Volume: 67,582 shs
• Market Capitalization: $413.94 million
• P/E Ratio: 10.78
• Dividend Yield: 1.68%
• Price Target: $88.75
• Consensus Rating: Moderate Buy

Chemung Financial Stock Analysis - MarketRank™

Chemung Financial scored higher than 77% of companies evaluated by MarketBeat, and ranked 379th out of 852 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Chemung Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 1 strong buy rating, 4 buy ratings, 2 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Chemung Financial is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Chemung Financial has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 0.97%

Earnings Growth

Earnings for Chemung Financial are expected to grow by 0.97% in the coming year, from $8.21 to $8.29 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chemung Financial is 10.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chemung Financial is 10.78, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.73.

Price to Book Value per Share Ratio

Chemung Financial has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.60% of the float of Chemung Financial has been sold short.

Short Interest Ratio / Days to Cover

Chemung Financial has a short interest ratio ("days to cover") of 2.74, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chemung Financial has recently increased by 6.47%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Chemung Financial pays a meaningful dividend of 1.67%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Chemung Financial has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Chemung Financial is 18.07%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Chemung Financial will have a dividend payout ratio of 17.37% next year. This indicates that Chemung Financial will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: N/A

News Sentiment

Chemung Financial has a news sentiment score of 1.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Chemung Financial this week, compared to 2 articles on an average week.

MarketBeat Follows

1 people have added Chemung Financial to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Chemung Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $430,860.00 in company stock.

Percentage Held by Insiders

12.69% of the stock of Chemung Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

47.50% of the stock of Chemung Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 10/1 Dividend: 9/17/2026
• Ex-Dividend for 10/1 Dividend: 9/17/2026
• Dividend Payable: 10/01/2026
• Last Earnings: 10/22/2026
• Today: 11/12/2026
• Fiscal Year End: 12/31/2026
• Next Earnings (Estimated): 1/25/2027

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:CHMG
• CIK: 763563
• Web: www.chemungcanal.com
• Phone: (607) 737-3711
• Fax: N/A
• Employees: 348
• Year Founded: 1833

Price Target and Rating

• Average Price Target for Chemung Financial: $88.75
• High Price Target: $96.00
• Low Price Target: $81.00
• Potential Upside/Downside: +3.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.97
• Trailing P/E Ratio: 10.78
• Forward P/E Ratio: 10.36
• P/E Growth: N/A
• Net Income: $15.10 million
• Net Margins: 23.36%
• Pretax Margin: 30.76%
• Return on Equity: 14.49%
• Return on Assets: 1.38%

Debt

• Debt-to-Equity Ratio: 0.48
• Current Ratio: 1.04
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $140.78 million
• Price / Sales: 2.94
• Cash Flow: $6.65 per share
• Price / Cash Flow: 12.91
• Book Value: $56.71 per share
• Price / Book: 1.51

Miscellaneous

• Outstanding Shares: 4,820,000
• Free Float: 4,211,000
• Market Cap: $413.94 million
• Optionable: Not Optionable
• Beta: 0.58