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

$39.00
-1.75 (-4.29 %)
(As of 08/25/2019 01:48 AM ET)
Today's Range
$39.99
Now: $39.00
$40.0750
50-Day Range
$39.51
MA: $44.69
$49.00
52-Week Range
$36.87
Now: $39.00
$51.00
Volume11,347 shs
Average Volume5,818 shs
Market Capitalization$188.76 million
P/E Ratio10.26
Dividend Yield2.63%
Beta0.23
Chemung Financial Corporation operates as a bank. The bank offers demand deposits and interest and non-interest bearing time and savings deposits. It's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases. The company offers consumer loans, including credit card loans, revolving credit plans, and automotive loans. Read More…

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$4.8934 per share
Book Value$36.83 per share

Profitability

Net Income$19.63 million

Miscellaneous

Employees374
Market Cap$188.76 million
Next Earnings Date10/17/2019 (Estimated)
OptionableNot Optionable

Receive CHMG News and Ratings via Email

Sign-up to receive the latest news and ratings for CHMG and its competitors with MarketBeat's FREE daily newsletter.


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 declared a quarterly dividend on Thursday, May 16th. Investors of record on Monday, June 17th will be paid a dividend of $0.26 per share on Monday, July 1st. This represents a $1.04 dividend on an annualized basis and a yield of 2.67%. The ex-dividend date is Friday, June 14th. View Chemung Financial's Dividend History.

How were Chemung Financial's earnings last quarter?

Chemung Financial Corp. (NASDAQ:CHMG) issued its quarterly earnings results on Monday, July, 22nd. The bank reported $1.02 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.01. The bank had revenue of $20.19 million for the quarter, compared to the consensus estimate of $20.59 million. Chemung Financial had a return on equity of 11.97% and a net margin of 24.94%. 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 17th 2019. View Earnings Estimates for Chemung Financial.

What price target have analysts set for CHMG?

3 Wall Street analysts have issued 1-year price objectives for Chemung Financial's stock. Their forecasts range from $47.00 to $47.00. On average, they anticipate Chemung Financial's share price to reach $47.00 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Price Targets for Chemung Financial.

What is the consensus analysts' recommendation for Chemung Financial?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemung Financial in the last year. There are currently 2 hold ratings and 1 buy 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 stories about CHMG stock have been trending positive on Sunday, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Chemung Financial earned a news impact score of 2.5 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Chemung Financial.

Are investors shorting Chemung Financial?

Chemung Financial saw a decline in short interest in July. As of July 31st, there was short interest totalling 32,700 shares, a decline of 8.4% from the June 30th total of 35,700 shares. Based on an average trading volume of 6,300 shares, the days-to-cover ratio is currently 5.2 days. Currently, 0.9% of the shares of the stock are sold short. View Chemung Financial's Current Options Chain.

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 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).

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, CFO & Treasurer (Age 63)
  • Mr. Daniel D. Fariello, Pres of Capital Bank Division - Chemung Canal Trust Company (Age 42)
  • Mr. Thomas W. Wirth C.F.A., CFA, Exec. VP of Wealth Management Group - Chemung Canal Trust Company (Age 53)
  • Ms. Karen R. Makowski, Exec. VP & Chief Risk Officer - Chemung Canal Trust Company (Age 62)

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. (8.27%), BlackRock Inc. (3.77%), Vanguard Group Inc. (3.49%), First Manhattan Co. (1.90%), Renaissance Technologies LLC (1.68%) and Northern Trust Corp (0.82%). 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.

Which major investors are selling Chemung Financial stock?

CHMG stock was sold by a variety of institutional investors in the last quarter, including First Manhattan Co., EJF Capital LLC, Chemung Canal Trust Co., Morgan Stanley, Private Advisor Group LLC and Wells Fargo & Company MN. 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.

Which major investors are buying Chemung Financial stock?

CHMG stock was bought by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Vanguard Group Inc., BlackRock Inc., Public Employees Retirement System of Ohio, Renaissance Technologies LLC, Jacobs Levy Equity Management Inc., Bessemer Group Inc. and Northern Trust Corp. 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.

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 $39.00.

How big of a company is Chemung Financial?

Chemung Financial has a market capitalization of $188.76 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.View Additional Information About Chemung Financial.

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:  94 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  225
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 8/25/2019 by MarketBeat.com Staff

Featured Article: What is Call Option Volume?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel