NASDAQ:CHMG - Chemung Financial Stock Price, News, & Analysis

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$46.79 -0.67 (-1.41 %)
(As of 05/23/2019 04:00 PM ET)
Previous Close$47.46
Today's Range$46.03 - $47.00
52-Week Range$36.87 - $53.99
Volume7,900 shs
Average Volume9,356 shs
Market Capitalization$226.23 million
P/E Ratio12.31
Dividend Yield2.19%
Beta0.15
Chemung Financial Corporation operates as a bank. The bank offers demand deposits and interest and non-interest bearing time and savings deposits. It's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases. The company offers consumer loans, including credit card loans, revolving credit plans, and automotive loans. The company offers commercial real estate loans for land development and on-site construction of industrial, commercial, residential, or farm buildings in the United States; real estate-backed residential loans; and commercial loans collateralized by real estate properties. The company offers domestic and foreign commercial and industrial loans. The company offers loans for the purpose of financing agricultural production; loans which include planned and unplanned overdrafts, to governments in non-U.S. countries, to their official institutions, and to international and regional institutions. For 2017, it has an asset value of 1.7 million USD. The bank has generated a net income of 7,430 USD in December 31, 2017. Chemung Financial Corporation was founded in 1833 and is based in Elmira, New York.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:CHMG
CUSIPN/A
Phone607-737-3711

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$87.63 million
Cash Flow$4.8537 per share
Book Value$35.47 per share

Profitability

Net Income$19.63 million

Miscellaneous

Employees374
Market Cap$226.23 million
Next Earnings Date7/17/2019 (Estimated)
OptionableNot Optionable

Chemung Financial (NASDAQ:CHMG) Frequently Asked Questions

What is Chemung Financial's stock symbol?

Chemung Financial trades on the NASDAQ under the ticker symbol "CHMG."

How often does Chemung Financial pay dividends? What is the dividend yield for Chemung Financial?

Chemung Financial announced a quarterly dividend on Thursday, May 16th. Investors of record on Monday, June 17th will be given a dividend of $0.26 per share on Monday, July 1st. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date is Friday, June 14th. View Chemung Financial's Dividend History.

How were Chemung Financial's earnings last quarter?

Chemung Financial Corp. (NASDAQ:CHMG) issued its quarterly earnings data on Wednesday, April, 17th. The bank reported $0.92 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.96 by $0.04. The bank earned $20.09 million during the quarter, compared to analyst estimates of $20.32 million. Chemung Financial had a net margin of 22.32% and a return on equity of 10.95%. View Chemung Financial's Earnings History.

When is Chemung Financial's next earnings date?

Chemung Financial is scheduled to release their next quarterly earnings announcement on Wednesday, July 17th 2019. View Earnings Estimates for Chemung Financial.

What price target have analysts set for CHMG?

2 Wall Street analysts have issued 12 month price objectives for Chemung Financial's stock. Their predictions range from $47.00 to $47.00. On average, they anticipate Chemung Financial's stock price to reach $47.00 in the next year. This suggests a possible upside of 0.4% from the stock's current price. View Analyst Price Targets for Chemung Financial.

What is the consensus analysts' recommendation for Chemung Financial?

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

Has Chemung Financial been receiving favorable news coverage?

Media coverage about CHMG stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Chemung Financial earned a coverage optimism score of 1.9 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Chemung Financial's key competitors?

What other stocks do shareholders of Chemung Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Chemung Financial investors own include R1 RCM (RCM), NVIDIA (NVDA), Skechers USA (SKX), AeroVironment (AVAV), Dollar Tree (DLTR), JD.Com (JD), Middleby (MIDD), QuinStreet (QNST), Becton Dickinson and (BDX) and Bank of Hawaii (BOH).

Who are Chemung Financial's key executives?

Chemung Financial's management team includes the folowing people:
  • Mr. Anders M. Tomson, Pres, CEO & Director (Age 52)
  • Mr. Karl F. Krebs, CFO & Treasurer (Age 63)
  • Mr. Daniel D. Fariello, Pres of Capital Bank Division - Chemung Canal Trust Company (Age 42)
  • Mr. Thomas W. Wirth C.F.A., CFA, Exec. VP of Wealth Management Group - Chemung Canal Trust Company (Age 53)
  • Ms. Karen R. Makowski, Exec. VP & Chief Risk Officer - Chemung Canal Trust Company (Age 62)

Who are Chemung Financial's major shareholders?

Chemung Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Chemung Canal Trust Co. (8.29%), BlackRock Inc. (3.43%), First Manhattan Co. (1.95%), Renaissance Technologies LLC (1.55%), Wellington Management Group LLP (1.36%) and Dimensional Fund Advisors LP (1.11%). Company insiders that own Chemung Financial stock include Daniel D Fariello, David M Buicko, Denise V Gonick, G Thomas Jr Tranter, Jeffrey B Streeter, Karen R Makowski, Karl Francis Krebs, Kimberly A Hazelton, Robert H Dalrymple, Stephen M Lounsberry III and Thomas W Wirth. View Institutional Ownership Trends for Chemung Financial.

Which major investors are selling Chemung Financial stock?

CHMG stock was sold by a variety of institutional investors in the last quarter, including Chemung Canal Trust Co., BlackRock Inc., Morgan Stanley, First Manhattan Co., Sullivan Bruyette Speros & Blaney LLC and Private Advisor Group LLC. Company insiders that have sold Chemung Financial company stock in the last year include Daniel D Fariello, Karen R Makowski, Robert H Dalrymple and Thomas W Wirth. View Insider Buying and Selling for Chemung Financial.

Which major investors are buying Chemung Financial stock?

CHMG stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Rhumbline Advisers, O Shaughnessy Asset Management LLC, Marshall Wace LLP, Martingale Asset Management L P and Acadian Asset Management LLC. Company insiders that have bought Chemung Financial stock in the last two years include David M Buicko, Denise V Gonick, G Thomas Jr Tranter and Jeffrey B Streeter. View Insider Buying and Selling for Chemung Financial.

How do I buy shares of Chemung Financial?

Shares of CHMG 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 Chemung Financial's stock price today?

One share of CHMG stock can currently be purchased for approximately $46.79.

How big of a company is Chemung Financial?

Chemung Financial has a market capitalization of $226.23 million and generates $87.63 million in revenue each year. The bank earns $19.63 million in net income (profit) each year or $3.80 on an earnings per share basis. Chemung Financial employs 374 workers across the globe.

What is Chemung Financial's official website?

The official website for Chemung Financial is http://www.chemungcanal.com/.

How can I contact Chemung Financial?

Chemung Financial's mailing address is ONE CHEMUNG CANAL PLZ P O BOX 1522, ELMIRA NY, 14901. The bank can be reached via phone at 607-737-3711 or via email at [email protected]


MarketBeat Community Rating for Chemung Financial (NASDAQ CHMG)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  83 (Vote Outperform)
Underperform Votes:  116 (Vote Underperform)
Total Votes:  199
MarketBeat's community ratings are surveys of what our community members think about Chemung Financial and other stocks. Vote "Outperform" if you believe CHMG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHMG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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