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

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$48.21 -0.13 (-0.27 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$48.21
Today's Range$47.63 - $49.00
52-Week Range$36.87 - $53.99
Volume7,157 shs
Average Volume8,129 shs
Market Capitalization$231.89 million
P/E Ratio12.69
Dividend Yield2.15%
Beta0.03
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. 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

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$3.5396 per share
Book Value$31.60 per share

Profitability

Net Income$19.63 million

Miscellaneous

Employees371
Market Cap$231.89 million
Next Earnings Date4/17/2019 (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 dividend on Thursday, November 15th. Investors of record on Wednesday, December 19th will be given a dividend of $0.26 per share on Monday, December 31st. The ex-dividend date of this dividend is Tuesday, December 18th. View Chemung Financial's Dividend History.

How were Chemung Financial's earnings last quarter?

Chemung Financial Corp. (NASDAQ:CHMG) posted its quarterly earnings results on Wednesday, January, 23rd. The bank reported $1.09 EPS for the quarter, topping analysts' consensus estimates of $1.04 by $0.06. The bank had revenue of $20.38 million for the quarter, compared to analysts' expectations of $20.98 million. Chemung Financial had a return on equity of 11.53% and a net margin of 22.40%. 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, April 17th 2019. View Earnings Estimates for Chemung Financial.

What price target have analysts set for CHMG?

1 Wall Street analysts have issued 12 month price objectives for Chemung Financial's shares. Their forecasts range from $47.00 to $47.00. On average, they anticipate Chemung Financial's stock price to reach $47.00 in the next twelve months. This suggests that the stock has a possible downside of 2.5%. 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 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Chemung Financial.

Has Chemung Financial been receiving favorable news coverage?

News coverage about CHMG stock has trended somewhat positive recently, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Chemung Financial earned a news impact score of 1.7 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.

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 Middleby (MIDD), PPG Industries (PPG), Bank of Hawaii (BOH), Clorox (CLX), Target (TGT), PDC Energy (PDCE), Societe Generale (SCGLY), Dollar Tree (DLTR), Enterprise GP (EPE) and Becton Dickinson and (BDX).

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, Exec. VP, Treasurer & CFO (Age 63)
  • Mr. Thomas W. Wirth CFA, Exec. VP of Wealth Management Group (Age 53)
  • Ms. Karen R. Makowski, Chief Risk Officer & Exec. VP (Age 62)
  • Mr. Louis C. Difabio, Exec. VP of Bus. Client Services (Age 55)

Who are Chemung Financial's major shareholders?

Chemung Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Chemung Canal Trust Co. (8.57%), Basswood Capital Management L.L.C. (5.56%), BlackRock Inc. (3.56%), Dimensional Fund Advisors LP (0.88%), Geode Capital Management LLC (0.63%) and Bank of New York Mellon Corp (0.45%). Company insiders that own Chemung Financial stock include David J Dalrymple, David M Buicko, Denise V Gonick, G Thomas Jr Tranter, Karen R Makowski, Karl Francis Krebs, Kimberly A Hazelton, Robert H Dalrymple, 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. and Raymond James Financial Services Advisors Inc.. Company insiders that have sold Chemung Financial company stock in the last year include Karen R Makowski, Robert H Dalrymple, 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 bought by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Martingale Asset Management L P, Sullivan Bruyette Speros & Blaney LLC, Dimensional Fund Advisors LP, EJF Capital LLC, BlackRock Inc., Bessemer Group Inc. and Bank of New York Mellon Corp. Company insiders that have bought Chemung Financial stock in the last two years include David J Dalrymple, David M Buicko, Denise V Gonick and G Thomas Jr Tranter. 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 $48.21.

How big of a company is Chemung Financial?

Chemung Financial has a market capitalization of $231.89 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 371 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:  71 (Vote Outperform)
Underperform Votes:  99 (Vote Underperform)
Total Votes:  170
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 2/23/2019 by MarketBeat.com Staff

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