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

$42.00
+0.60 (+1.45 %)
(As of 01/22/2020 06:00 AM ET)
Today's Range
$41.66
Now: $42.00
$42.37
50-Day Range
$40.98
MA: $43.05
$44.82
52-Week Range
$38.56
Now: $42.00
$51.00
Volume4,731 shs
Average Volume5,447 shs
Market Capitalization$203.70 million
P/E Ratio11.93
Dividend Yield2.51%
Beta0.28
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$5.03 per share
Book Value$34.33 per share

Profitability

Net Income$19.63 million

Miscellaneous

Employees374
Market Cap$203.70 million
Next Earnings Date1/22/2020 (Estimated)
OptionableNot Optionable

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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 Friday, December 13th. Investors of record on Monday, December 23rd will be given a dividend of $0.26 per share on Thursday, January 2nd. This represents a $1.04 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Friday, December 20th. 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 Friday, October, 18th. The bank reported $0.40 EPS for the quarter, missing the Zacks' consensus estimate of $0.52 by $0.12. The bank earned $20.10 million during the quarter, compared to analyst estimates of $20.50 million. Chemung Financial had a net margin of 19.72% and a return on equity of 9.57%. 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, January 22nd 2020. View Earnings Estimates for Chemung Financial.

What price target have analysts set for CHMG?

4 equities research analysts have issued 1-year price targets for Chemung Financial's stock. Their forecasts range from $42.00 to $49.00. On average, they expect Chemung Financial's share price to reach $45.50 in the next twelve months. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for Chemung Financial.

What is the consensus analysts' recommendation for Chemung Financial?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemung Financial in the last year. There are currently 3 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 coverage about CHMG stock has been trending somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Chemung Financial earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Chemung Financial.

Are investors shorting Chemung Financial?

Chemung Financial saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 23,100 shares, a decrease of 17.8% from the December 15th total of 28,100 shares. Based on an average daily volume of 17,200 shares, the short-interest ratio is presently 1.3 days. Approximately 0.6% of the company's shares are short sold. 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), Skechers USA (SKX), NVIDIA (NVDA), Eastman Chemical (EMN), General Mills (GIS), Kohl's (KSS), Domtar (UFS), Verizon Communications (VZ), AeroVironment (AVAV) and Corbus Pharmaceuticals (CRBP).

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 retail and institutional investors. Top institutional shareholders include Chemung Canal Trust Co. (8.28%) and Bowling Portfolio Management LLC (0.41%). 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, Robert H Dalrymple, Stephen M Lounsberry III and Thomas W Wirth. View Institutional Ownership Trends for Chemung Financial.

Which institutional investors are selling Chemung Financial stock?

CHMG stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC. Company insiders that have sold Chemung Financial company stock in the last year include Daniel D Fariello, Karen R Makowski and Thomas W Wirth. View Insider Buying and Selling for Chemung Financial.

Which institutional investors are buying Chemung Financial stock?

CHMG stock was acquired by a variety of institutional investors in the last quarter, including Chemung Canal Trust Co.. 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, Robinhood, Fidelity and Charles Schwab.

What is Chemung Financial's stock price today?

One share of CHMG stock can currently be purchased for approximately $42.00.

How big of a company is Chemung Financial?

Chemung Financial has a market capitalization of $203.70 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:  113 (Vote Outperform)
Underperform Votes:  161 (Vote Underperform)
Total Votes:  274
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 1/22/2020 by MarketBeat.com Staff

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