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

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$43.01 -0.49 (-1.13 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$43.50
Today's Range$42.59 - $44.58
52-Week Range$38.99 - $56.83
Volume8,900 shs
Average Volume5,797 shs
Market Capitalization$212.76 million
P/E Ratio18.85
Dividend Yield2.40%
Beta0.07
Chemung Financial logoChemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. It offers demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. The company also provides commercial and agricultural loans primarily consisting of loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; and consumer loans, including home equity lines of credit and home equity loans, as well as letters of credit. In addition, it offers wealth management services comprising services as executor and trustee under wills and agreements; 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. Further, the company provides mutual funds, securities and insurance brokerage, tax preparation, interest rate swaps, and other services. It operates through 34 branch offices located in 12 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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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio0.42
Current Ratio0.92
Quick Ratio0.92

Price-To-Earnings

Trailing P/E Ratio18.85
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$80.55 million
Price / Sales2.56
Cash Flow$3.4463 per share
Price / Cash12.48
Book Value$31.60 per share
Price / Book1.36

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$7.43 million
Net Margins10.07%
Return on Equity7.48%
Return on Assets0.66%

Miscellaneous

Employees371
Outstanding Shares4,800,000
Market Cap$212.76 million

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 Friday, May 18th. Stockholders of record on Monday, June 18th will be paid a dividend of $0.26 per share on Monday, July 2nd. This represents a $1.04 annualized dividend and a dividend yield of 2.42%. The ex-dividend date is Friday, June 15th. View Chemung Financial's Dividend History.

How were Chemung Financial's earnings last quarter?

Chemung Financial Corp. (NASDAQ:CHMG) released its quarterly earnings data on Wednesday, July, 18th. The bank reported $0.68 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.86 by $0.18. The bank had revenue of $20.34 million for the quarter. Chemung Financial had a return on equity of 7.48% and a net margin of 10.07%. 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 Thursday, October, 18th 2018. View Earnings Estimates for Chemung Financial.

What price target have analysts set for CHMG?

1 brokers have issued 1-year target prices for Chemung Financial's stock. Their forecasts range from $51.00 to $51.00. On average, they expect Chemung Financial's stock price to reach $51.00 in the next year. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Price Targets for Chemung Financial.

What is the consensus analysts' recommendation for Chemung Financial?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemung Financial in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Chemung Financial.

Who are some of Chemung Financial's key competitors?

Who are Chemung Financial's key executives?

Chemung Financial's management team includes the folowing people:
  • Mr. Anders M. Tomson, Pres, CEO & Director (Age 51)
  • Mr. Karl F. Krebs, Exec. VP, Treasurer & CFO (Age 62)
  • Mr. Thomas W. Wirth CFA, Exec. VP of Wealth Management Group (Age 52)
  • Ms. Karen R. Makowski, Chief Risk Officer & Exec. VP (Age 61)
  • Mr. Louis C. Difabio, Exec. VP of Bus. Client Services (Age 54)

Has Chemung Financial been receiving favorable news coverage?

Press coverage about CHMG stock has trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Chemung Financial earned a news impact score of 0.12 on Accern's scale. They also assigned headlines about the bank an impact score of 48.16 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Chemung Financial.

Who are Chemung Financial's major shareholders?

Chemung Financial's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Chemung Canal Trust Co. (8.91%), BlackRock Inc. (3.39%), Renaissance Technologies LLC (1.28%), LSV Asset Management (0.32%), Raymond James Financial Services Advisors Inc. (0.17%) and Russell Investments Group Ltd. (0.15%). Company insiders that own Chemung Financial stock include David J Dalrymple, David M Buicko, G Thomas Jr Tranter, Karen R Makowski, Karl Francis Krebs, Kevin B Tully, Kimberly A Hazelton, Ronald M Bentley, 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., Russell Investments Group Ltd. and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Chemung Financial company stock in the last year include Karl Francis Krebs, Kimberly A Hazelton, Stephen M Lounsberry III 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 BlackRock Inc., Private Advisor Group LLC, Renaissance Technologies LLC, Hartford Investment Management Co., Acadian Asset Management LLC and LSV Asset Management. Company insiders that have bought Chemung Financial stock in the last two years include David J Dalrymple, David M Buicko, G Thomas Jr Tranter and Kevin B Tully. 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 $43.01.

How big of a company is Chemung Financial?

Chemung Financial has a market capitalization of $212.76 million and generates $80.55 million in revenue each year. Chemung Financial employs 371 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 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:  60 (Vote Outperform)
Underperform Votes:  81 (Vote Underperform)
Total Votes:  141
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 8/18/2018 by MarketBeat.com Staff

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