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NASDAQ:CHMG

Chemung Financial (CHMG) Stock Price, News & Analysis

Chemung Financial logo
$43.90 +0.63 (+1.46%)
Closing price 04/28/2025 04:00 PM Eastern
Extended Trading
$44.00 +0.09 (+0.22%)
As of 04/28/2025 04:05 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Chemung Financial Stock (NASDAQ:CHMG)

Key Stats

Today's Range
$43.61
$43.90
50-Day Range
$40.73
$51.65
52-Week Range
$40.71
$55.73
Volume
4,314 shs
Average Volume
13,374 shs
Market Capitalization
$210.28 million
P/E Ratio
8.85
Dividend Yield
2.92%
Price Target
$52.50
Consensus Rating
Hold

Company Overview

Chemung Financial Corporation operates as a bank holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial and residential mortgage loans; and consumer loans, including home equity lines of credit and home equity term loans. In addition, the company provides interest rate swaps, letters of credit, employee benefit plans, insurance products, mutual fund, brokerage, and tax preparation services. Further, it offers guardian, custodian, trustee, investment, pension, estate planning, and employee benefit administrative services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

Chemung Financial Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
86th Percentile Overall Score

CHMG MarketRank™: 

Chemung Financial scored higher than 86% of companies evaluated by MarketBeat, and ranked 147th out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • 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, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

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

  • Read more about Chemung Financial's stock forecast and price target.
  • 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 8.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.76.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Chemung Financial is 8.85, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.97.

  • Price to Book Value per Share Ratio

    Chemung Financial has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Chemung Financial's valuation and earnings.
  • Percentage of Shares Shorted

    0.41% 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 0.8, 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 4.67%, indicating that investor sentiment is improving.
  • Dividend Yield

    Chemung Financial pays a meaningful dividend of 2.96%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Chemung Financial does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Chemung Financial is 27.00%. 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.

  • Read more about Chemung Financial's dividend.
  • Percentage of Shares Shorted

    0.41% 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 0.8, 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 4.67%, indicating that investor sentiment is improving.
  • News Sentiment

    Chemung Financial has a news sentiment score of 0.24. 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 lower news sentiment than the 0.90 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Chemung Financial this week, compared to 1 article on an average week.
  • MarketBeat Follows

    1 people have added Chemung Financial to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Chemung Financial insiders have not sold or bought any 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.

  • Read more about Chemung Financial's insider trading history.
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CHMG Stock News Headlines

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CHMG Stock Analysis - Frequently Asked Questions

Chemung Financial's stock was trading at $48.81 on January 1st, 2025. Since then, CHMG stock has decreased by 10.1% and is now trading at $43.90.
View the best growth stocks for 2025 here
.

Chemung Financial Co. (NASDAQ:CHMG) announced its quarterly earnings data on Friday, April, 18th. The bank reported $1.26 EPS for the quarter, topping analysts' consensus estimates of $1.22 by $0.04. The bank earned $25.71 million during the quarter, compared to analysts' expectations of $25.90 million. Chemung Financial had a trailing twelve-month return on equity of 11.47% and a net margin of 15.70%.

Chemung Financial's top institutional investors include Allspring Global Investments Holdings LLC (0.19%). Insiders that own company stock include Ronald M Bentley, G Thomas Jr Tranter, Thomas R Tyrrell, Loren D Cole, Denise V Gonick, Thomas W Wirth, Joseph F Iv Meade, Jeffrey P Kenefick, Daniel D Fariello and Raimundo C Archibold Jr.
View institutional ownership trends
.

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.

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), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Record date for 4/1 Dividend
3/18/2025
Ex-Dividend for 4/1 Dividend
3/18/2025
Dividend Payable
4/01/2025
Last Earnings
4/18/2025
Today
4/28/2025
Next Earnings (Estimated)
7/17/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:CHMG
Fax
N/A
Employees
340
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$52.50
High Stock Price Target
$55.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+19.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
8.85
Forward P/E Ratio
8.16
P/E Growth
N/A
Net Income
$23.67 million
Pretax Margin
18.39%

Debt

Sales & Book Value

Annual Sales
$98.04 million
Cash Flow
$5.12 per share
Price / Cash Flow
8.57
Book Value
$41.34 per share
Price / Book
1.06

Miscellaneous

Free Float
4,186,000
Market Cap
$210.28 million
Optionable
Not Optionable
Beta
0.10

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This page (NASDAQ:CHMG) was last updated on 4/29/2025 by MarketBeat.com Staff
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