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S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
THE BEST BLACK FRIDAY DEAL YET (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
See how to make money instead of spending it on Black Friday with this offer (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
See how to make money instead of spending it on Black Friday with this offer (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
NASDAQ:CHMG

Chemung Financial - CHMG Stock Forecast, Price & News

$47.71
-0.28 (-0.58%)
(As of 11/25/2022 08:57 PM ET)
Add
Compare
Today's Range
$47.31
$48.00
50-Day Range
$41.21
$47.99
52-Week Range
$40.74
$48.75
Volume
5,300 shs
Average Volume
7,382 shs
Market Capitalization
$223.19 million
P/E Ratio
8.05
Dividend Yield
2.60%
Price Target
N/A

Chemung Financial MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.42
Upright™ Environmental Score
News Sentiment
1.02mentions of Chemung Financial in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$45,917 Bought Last Quarter
Proj. Earnings Growth
-1.00%
From $6.02 to $5.96 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Finance Sector

211th out of 892 stocks

State Commercial Banks Industry

48th out of 184 stocks

CHMG stock logo

About Chemung Financial (NASDAQ:CHMG) Stock

Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; consumer loans, including home equity lines of credit and home equity term loans; and interest rate swaps, letters of credit, wealth management, employee benefit plans, mutual fund, insurance products, and brokerage services. Further, it provides securities, insurance, and tax preparation services. Additionally, it offers guardian, custodian, and trustee services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts; and various investment, pension, estate planning, and employee benefit administrative services. The company operates 31 branch offices located in 13 counties in New York and Bradford County in Pennsylvania. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

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CHMG Stock News Headlines

Chemung Financial's (NASDAQ:CHMG) Dividend Will Be $0.31
Chemung Financial (CHMG) Could Be a Great Choice
Best Value Stocks to Buy for October 7th
Chemung Financial Corp - Stock Quote CHMG
Best Income Stocks to Buy for July 14th
Best Value Stocks to Buy for July 14th
Best Income Stocks To Buy For July 14
Best Income Stocks to Buy for June 8th
See More Headlines
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CHMG Company Calendar

Last Earnings
10/20/2021
Ex-Dividend for 10/3 Dividend
9/16/2022
Dividend Payable
10/03/2022
Today
11/27/2022
Ex-Dividend for 1/3 Dividend
12/19/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/03/2023
Next Earnings (Estimated)
1/25/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:CHMG
Fax
N/A
Employees
337
Year Founded
N/A

Profitability

Net Income
$26.42 million
Pretax Margin
36.90%

Debt

Sales & Book Value

Annual Sales
$92.88 million
Cash Flow
$7.57 per share
Book Value
$33.24 per share

Miscellaneous

Free Float
4,105,000
Market Cap
$223.19 million
Optionable
Not Optionable
Beta
0.03

Key Executives

  • Mr. Anders M. Tomson (Age 55)
    Pres, CEO & Director
    Comp: $858.63k
  • Mr. Karl F. Krebs (Age 66)
    CFO, Exec. VP & Treasurer
    Comp: $439.18k
  • Mr. Loren Dale Cole (Age 49)
    Exec. VP & Chief Information Officer
    Comp: $372.98k
  • Mr. Peter K. Cosgrove (Age 61)
    EVP, Chief Credit Officer & Chief Risk Officer
    Comp: $400.35k
  • Mr. Daniel D. Fariello (Age 45)
    Pres of Capital Bank Division
    Comp: $383.55k
  • Ms. Kathleen S. McKillip
    VP & Corp. Sec.
  • Mr. Scott T. Heffner
    Sr. VP & Director of Marketing
  • Ms. Pamela D. Burns
    Sr. VP of HR & Chief Diversity Officer
  • Mr. Norman R. Ward (Age 72)
    SVP, Chief Auditor & Sr. Investment Officer
  • Mr. Thomas W. Wirth C.F.A.Mr. Thomas W. Wirth C.F.A. (Age 56)
    CFA, Exec. VP of Wealth Management Group at Chemung Canal Trust Company













CHMG Stock - Frequently Asked Questions

How have CHMG shares performed in 2022?

Chemung Financial's stock was trading at $46.45 at the beginning of the year. Since then, CHMG shares have increased by 2.7% and is now trading at $47.71.
View the best growth stocks for 2022 here
.

When is Chemung Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
View our CHMG earnings forecast
.

How were Chemung Financial's earnings last quarter?

Chemung Financial Co. (NASDAQ:CHMG) announced its earnings results on Wednesday, October, 20th. The bank reported $1.42 earnings per share for the quarter, topping analysts' consensus estimates of $1.19 by $0.23. The bank earned $22.80 million during the quarter, compared to analysts' expectations of $21.44 million. Chemung Financial had a net margin of 28.81% and a trailing twelve-month return on equity of 15.29%.

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

Chemung Financial announced a quarterly dividend on Wednesday, November 16th. Stockholders of record on Tuesday, December 20th will be paid a dividend of $0.31 per share on Tuesday, January 3rd. This represents a $1.24 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Monday, December 19th.
Read our dividend analysis for CHMG
.

Is Chemung Financial a good dividend stock?

Chemung Financial (NASDAQ:CHMG) pays an annual dividend of $1.24 per share and currently has a dividend yield of 2.60%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CHMG will have a dividend payout ratio of 20.81% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CHMG.

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 NVIDIA (NVDA), R1 RCM (RCM), AbbVie (ABBV), Advanced Micro Devices (AMD), AeroVironment (AVAV), Cinemark (CNK), General Mills (GIS), Invesco (IVZ), Kohl's (KSS) and Skechers U.S.A. (SKX).

What is Chemung Financial's stock symbol?

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

Who are Chemung Financial's major shareholders?

Chemung Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Chemung Canal Trust Co. (7.43%), Vanguard Group Inc. (3.22%), Dimensional Fund Advisors LP (2.22%), Alliancebernstein L.P. (1.87%), First Manhattan Co. (1.37%) and Royce & Associates LP (1.34%). Insiders that own company stock include Anders Tomson, David M Buicko, Denise V Gonick, G Thomas Jr Tranter, Jeffrey B Streeter, Jeffrey B Streeter, Joseph F Iv Meade, Karl Francis Krebs, Kimberly A Hazelton, Loren D Cole, Robert H Dalrymple, Ronald M Bentley, Thomas W Wirth and Thomas W Wirth.
View institutional ownership trends
.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Chemung Financial's stock price today?

One share of CHMG stock can currently be purchased for approximately $47.71.

How much money does Chemung Financial make?

Chemung Financial (NASDAQ:CHMG) has a market capitalization of $223.19 million and generates $92.88 million in revenue each year. The bank earns $26.42 million in net income (profit) each year or $5.93 on an earnings per share basis.

How many employees does Chemung Financial have?

The company employs 337 workers across the globe.

How can I contact Chemung Financial?

Chemung Financial's mailing address is ONE CHEMUNG CANAL PLZ P O BOX 1522, ELMIRA NY, 14901. The official website for the company is www.chemungcanal.com. The bank can be reached via phone at (607) 737-3711 or via email at kmckillip@chemungcanal.com.

This page (NASDAQ:CHMG) was last updated on 11/28/2022 by MarketBeat.com Staff