Chemung Financial (CHMG) Stock Price, News & Analysis

Company Overview

Chemung Financial Corp (NASDAQ: CHMG) is a bank holding company headquartered in Elmira, New York, offering a full suite of financial services through its primary subsidiary, Chemung Canal Trust Company. The company provides a range of retail and commercial banking products, including checking and savings accounts, consumer and commercial lending, mortgage financing, and cash management solutions. Chemung Financial also delivers trust and wealth management services, pension administration, and specialized treasury operations tailored to individual, business, and institutional clients.

On the retail side, Chemung Financial serves depositors with traditional checking and savings vehicles, certificates of deposit, and IRAs alongside digital and mobile banking platforms. Commercial clients benefit from working capital lines of credit, equipment financing, commercial real estate loans, and industry-specific lending programs. The company’s mortgage division originates and services home loans, emphasizing personalized service and competitive structuring for first-time buyers, refinancers, and investors.

Geographically, Chemung Financial maintains a network of full-service branches across New York’s Southern Tier and northern Pennsylvania, with additional lending centers in key regional markets. Its community focus extends to supporting local development projects, small businesses, and agricultural enterprises, reflecting a commitment to economic growth in its service area. Online and mobile platforms augment the branch network, enabling customers to access banking, investing, and account administration tools around the clock.

Founded in 1857 as Chemung Canal Trust Company, the firm has evolved through more than a century and a half of regional banking, adapting to changing market conditions while preserving its community-oriented ethos. The leadership team combines deep local roots with extensive banking expertise, guiding the company’s strategic expansion and service enhancements. Under the direction of its board and senior management, Chemung Financial continues to balance technological innovation with personalized customer relationships.

Key Stats

• Today's Range: $51.22 to $52.96
• 50-Day Range: $43.79 to $51.60
• 52-Week Range: $40.71 to $55.73
• Volume: 10,494 shs
• Average Volume: 14,031 shs
• Market Capitalization: $247.50 million
• P/E Ratio: 10.90
• Dividend Yield: 2.48%
• Price Target: $52.50
• Consensus Rating: Hold

Chemung Financial Stock Analysis - MarketRank™

Chemung Financial scored higher than 76% of companies evaluated by MarketBeat, and ranked 299th out of 906 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: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

Chemung Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Chemung Financial has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.71%

Earnings Growth

Earnings for Chemung Financial are expected to grow by 11.71% in the coming year, from $5.38 to $6.01 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chemung Financial is 10.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.94.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chemung Financial is 10.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.97.

Price to Book Value per Share Ratio

Chemung Financial has a P/B Ratio of 1.14. 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

0.64% 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 2.1, 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 9.66%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Chemung Financial pays a meaningful dividend of 2.54%, 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 27.00%. 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 21.30% next year. This indicates that Chemung Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.51

Percentage of Shares Shorted

0.64% 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 2.1, 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 9.66%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Chemung Financial has a news sentiment score of 0.50. 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 lower news sentiment than the 0.73 average news sentiment score of Finance companies.

News Coverage This Week

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

Search Interest

1 people have searched for CHMG on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Chemung Financial insiders have not sold or bought any company stock.

Percentage Held by Insiders

12.04% 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.

CHMG Stock Analysis - Frequently Asked Questions

How have CHMG shares performed this year?

Chemung Financial's stock was trading at $48.81 at the beginning of the year. Since then, CHMG shares have increased by 5.9% and is now trading at $51.67.

How were Chemung Financial's earnings last quarter?

Chemung Financial Corp (NASDAQ:CHMG) posted its quarterly earnings data on Friday, April, 18th. The bank reported $1.26 EPS for the quarter, beating the consensus estimate of $1.22 by $0.04. The bank had revenue of $25.71 million for the quarter, compared to the consensus estimate of $25.90 million. Chemung Financial had a trailing twelve-month return on equity of 10.47% and a net margin of 14.95%.

How do I buy shares of Chemung Financial?

Shares of CHMG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Chemung Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chemung Financial investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AU Optronics (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 4/18/2025
• Record date for 7/1 Dividend: 6/17/2025
• Ex-Dividend for 7/1 Dividend: 6/17/2025
• Dividend Payable: 7/01/2025
• Today: 7/08/2025
• Next Earnings (Estimated): 7/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:CHMG
• CIK: 763563
• Web: www.chemungcanal.com
• Phone: (607) 737-3711
• Fax: N/A
• Employees: 340
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $52.50
• High Stock Price Target: $55.00
• Low Stock Price Target: $50.00
• Potential Upside/Downside: +1.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.74
• Trailing P/E Ratio: 10.89
• Forward P/E Ratio: 9.59
• P/E Growth: N/A
• Net Income: $23.67 million
• Net Margins: 14.95%
• Pretax Margin: 18.93%
• Return on Equity: 10.47%
• Return on Assets: 0.82%

Debt

• Debt-to-Equity Ratio: 0.39
• Current Ratio: 0.89
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $150.79 million
• Price / Sales: 1.64
• Cash Flow: $6.01 per share
• Price / Cash Flow: 8.59
• Book Value: $45.25 per share
• Price / Book: 1.14

Miscellaneous

• Outstanding Shares: 4,790,000
• Free Float: 4,213,000
• Market Cap: $247.16 million
• Optionable: Not Optionable
• Beta: 0.37