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

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

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.

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.

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

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.

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.

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.

Some companies that are related to Chemung Financial include Washington Trust Bancorp (WASH), Central Pacific Financial (CPF), State Bank Financial (STBZ), Lakeland Bancorp (LBAI), Carolina Financial (CARO), Triumph Bancorp (TBK), Origin Bancorp (OBNK), Stock Yards Bancorp (SYBT), Great Southern Bancorp (GSBC), First National Bank Alaska (FBAK), ConnectOne Bancorp (CNOB), Fidelity Southern (LION), HomeStreet (HMST), Bryn Mawr Bank (BMTC) and Allegiance Bancshares (ABTX).

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).

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.

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.

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.

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.

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

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.

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

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]