Chemung Financial (CHMG) Stock Price, News & Analysis

Company Overview

Chemung Financial Corporation serves as the bank holding company for Chemung Canal Trust Company, a community bank founded in 1833 and headquartered in Elmira, New York. With deep historical roots in the Southern Tier of New York, the company has expanded its footprint to serve customers throughout the region, including northern Pennsylvania. Chemung Financial emphasizes relationship-driven banking by combining personalized service with modern delivery channels.

Through its subsidiary, Chemung Canal Trust Company, Chemung Financial offers a comprehensive suite of financial products and services. Deposit solutions include checking and savings accounts, money market accounts and certificates of deposit. On the lending side, the company provides residential and commercial mortgage financing, consumer loans, home equity lines of credit and business loans tailored for small- to mid-sized enterprises.

Beyond traditional banking, Chemung Financial delivers trust and wealth management services designed to help clients preserve and grow assets. Offerings include trust administration, estate settlement, investment advisory, retirement planning and fiduciary services. Digital banking platforms—such as online banking, mobile apps and remote deposit capture—supplement the company’s branch network to ensure convenient access for individual and commercial customers alike.

Governed by a board of directors and led by an executive management team with extensive experience in financial services, Chemung Financial focuses on strategic growth initiatives. These priorities include selective branch expansion in core markets, ongoing enhancements to digital capabilities and continued commitment to community engagement through local partnerships and charitable activities.

Key Stats

• Today's Range: $52.50 to $52.75
• 50-Day Range: $49.14 to $54.10
• 52-Week Range: $40.71 to $55.73
• Volume: 9,256 shs
• Average Volume: 6,856 shs
• Market Capitalization: $251.86 million
• P/E Ratio: 22.47
• Dividend Yield: 2.43%
• Price Target: $54.50
• Consensus Rating: Hold

Chemung Financial Stock Analysis - MarketRank™

Chemung Financial scored higher than 92% of companies evaluated by MarketBeat, and ranked 158th out of 956 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Hold

Consensus Rating

Chemung Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Chemung Financial is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Chemung Financial has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 11.71%

Earnings Growth

Earnings for Chemung Financial are expected to grow by 11.71% in the coming year, from $5.38 to $6.01 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Chemung Financial is 22.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 281.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of Chemung Financial is 22.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 244.08.

Price to Book Value per Share Ratio

Chemung Financial has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.78% of the float of Chemung Financial has been sold short.

Short Interest Ratio / Days to Cover

Chemung Financial has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chemung Financial has recently decreased by 12.18%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Chemung Financial pays a meaningful dividend of 2.43%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Chemung Financial has only been increasing its dividend for 1 years.

Dividend Coverage

The dividend payout ratio of Chemung Financial is 54.70%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Chemung Financial will have a dividend payout ratio of 21.30% next year. This indicates that Chemung Financial will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.51

Percentage of Shares Shorted

0.78% of the float of Chemung Financial has been sold short.

Short Interest Ratio / Days to Cover

Chemung Financial has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Chemung Financial has recently decreased by 12.18%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.64

News Sentiment

Chemung Financial has a news sentiment score of 1.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 1.07 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Chemung Financial this week, compared to 2 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Chemung Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $968,415.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

12.04% of the stock of Chemung Financial is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

47.50% of the stock of Chemung Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CHMG Stock Analysis - Frequently Asked Questions

How have CHMG shares performed this year?

Chemung Financial's stock was trading at $48.81 at the beginning of the year. Since then, CHMG shares have increased by 7.7% and is now trading at $52.58.

How were Chemung Financial's earnings last quarter?

Chemung Financial Corp (NASDAQ:CHMG) issued its quarterly earnings data on Thursday, July, 17th. The bank reported $1.31 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $1.31. The bank had revenue of $10.10 million for the quarter, compared to the consensus estimate of $26.26 million. Chemung Financial had a trailing twelve-month return on equity of 10.67% and a net margin of 8.19%.

Who are Chemung Financial's major shareholders?

Chemung Financial's top institutional investors include Geode Capital Management LLC (1.95%), Bridgeway Capital Management LLC (1.59%), Acadian Asset Management LLC (1.54%) and Basswood Capital Management L.L.C. (1.47%). Insiders that own company stock include Jeffrey B Streeter, G Thomas Jr Tranter, Jeffrey P Kenefick, Loren D Cole, Thomas R Tyrrell, Thomas W Wirth, Joseph F Iv Meade, Daniel D Fariello and Raimundo C Archibold Jr.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Chemung Financial own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Chemung Financial investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), AU Optronics (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Record date for 7/1 Dividend: 6/17/2025
• Ex-Dividend for 7/1 Dividend: 6/17/2025
• Dividend Payable: 7/01/2025
• Last Earnings: 7/17/2025
• Today: 9/14/2025
• Record date for 10/1 Dividend: 9/17/2025
• Ex-Dividend for 10/1 Dividend: 9/17/2025
• Dividend Payable: 10/01/2025
• Next Earnings (Estimated): 10/28/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - SOUTHEAST
• Sub-Industry: Banking
• Current Symbol: NASDAQ:CHMG
• CIK: 763563
• Web: www.chemungcanal.com
• Phone: (607) 737-3711
• Fax: N/A
• Employees: 340
• Year Founded: 1833

Price Target and Rating

• Average Price Target for Chemung Financial: $54.50
• High Price Target: $59.00
• Low Price Target: $50.00
• Potential Upside/Downside: +3.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.34
• Trailing P/E Ratio: 22.47
• Forward P/E Ratio: 9.77
• P/E Growth: N/A
• Net Income: $23.67 million
• Net Margins: 8.19%
• Pretax Margin: 9.95%
• Return on Equity: 10.67%
• Return on Assets: 0.86%

Debt

• Debt-to-Equity Ratio: 0.44
• Current Ratio: 1.00
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $150.79 million
• Price / Sales: 1.67
• Cash Flow: $5.87 per share
• Price / Cash Flow: 8.95
• Book Value: $45.25 per share
• Price / Book: 1.16

Miscellaneous

• Outstanding Shares: 4,790,000
• Free Float: 4,214,000
• Market Cap: $251.86 million
• Optionable: Not Optionable
• Beta: 0.38