NASDAQ:CHMG Chemung Financial (CHMG) Stock Price, News & Analysis $51.16 +1.06 (+2.12%) (As of 12:35 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSustainabilityTrends About Chemung Financial Stock (NASDAQ:CHMG) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Chemung Financial alerts:Sign Up Key Stats Today's Range$51.00▼$51.1650-Day Range$46.30▼$51.8652-Week Range$39.00▼$52.59Volume4,618 shsAverage Volume10,158 shsMarket Capitalization$243.52 millionP/E Ratio11.32Dividend Yield2.42%Price Target$49.00Consensus RatingHold Company OverviewChemung 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.Read More… This Bull Market Indicator called NVDA at $116 (Ad)Every now and again we find an investment idea so incredible we can’t help but share. And today is one of those rare days… Except, today we won't be giving you insight on any one particular stock… But rather, insight on a revolutionary new stock picking indicator… In fact, within the last year, this indicator has become famous for a multitude of reasons… But one of the biggest was because of the buy signal it issued on October 18th, 2022. In fact, on that very day, it said to buy NVDA at $116.37… Anyone who did would be sitting on a tremendously large return today… But even if you missed the original buy signal from October, this incredible indicator issued 11 other buy signals while Nvidia made its epic run…All you have to do is follow this link here Chemung Financial Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks80th Percentile Overall ScoreCHMG MarketRank™: Chemung Financial scored higher than 80% of companies evaluated by MarketBeat, and ranked 276th out of 916 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.0 / 5Analyst RatingHold Consensus RatingChemung Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageChemung Financial has received no research coverage in the past 90 days.Read more about Chemung Financial's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth7.29% Earnings GrowthEarnings for Chemung Financial are expected to grow by 7.29% in the coming year, from $4.94 to $5.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chemung Financial is 11.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.99.Price to Earnings Ratio vs. SectorThe P/E ratio of Chemung Financial is 11.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.52.Price to Book Value per Share RatioChemung Financial has a P/B Ratio of 1.10. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted0.39% of the float of Chemung Financial has been sold short.Short Interest Ratio / Days to CoverChemung Financial has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Chemung Financial has recently increased by 25.45%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldChemung Financial pays a meaningful dividend of 2.45%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthChemung Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Chemung Financial is 27.43%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Chemung Financial will have a dividend payout ratio of 23.40% next year. This indicates that Chemung Financial will be able to sustain or increase its dividend.Read more about Chemung Financial's dividend. Sustainability and ESG3.2 / 5Environmental Score-0.51 Percentage of Shares Shorted0.39% of the float of Chemung Financial has been sold short.Short Interest Ratio / Days to CoverChemung Financial has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Chemung Financial has recently increased by 25.45%, indicating that investor sentiment is decreasing significantly. News and Social Media2.1 / 5News Sentiment0.85 News SentimentChemung Financial has a news sentiment score of 0.85. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Chemung Financial this week, compared to 1 article on an average week.MarketBeat FollowsOnly 1 people have added Chemung Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Chemung Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $51,210.00 in company stock.Percentage Held by Insiders12.04% 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 Institutions47.50% 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. Receive CHMG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chemung Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address CHMG Stock News HeadlinesChemung Financial Co. (NASDAQ:CHMG) EVP Sells 1,000 SharesNovember 8, 2024 | insidertrades.comChemung Financial Corporation Announces Quarterly DividendNovember 19 at 4:15 PM | globenewswire.comWhen it comes to NVDA… “acceleration cycles” are the keyExpert options trader Graham Lindman has been working on a new way to tap into Nvidia’s options… By simply isolating outsized “acceleration cycles” within Nvidia stock (most investors don’t even know it exists)... And thanks to many months and late nights working out the kinks of the systems… They have finally found a way to target these cycles on Nvidia over and over again.November 21, 2024 | DTI (Ad)Chemung County sees more than 1,200 early votes on 1st dayOctober 26, 2024 | msn.comFirst cannabis dispensary license in Chemung County approved in ElmiraOctober 25, 2024 | msn.comChemung County to hold public hearing on ‘sticker shop’ crackdown lawOctober 23, 2024 | yahoo.comChemung Financial Corporation Reports Third Quarter 2024 Net Income of $5.7 million, or $1.19 per shareOctober 22, 2024 | finance.yahoo.comChemung Financial Corporation Reports Third Quarter 2024 Net Income of $5.7 million, or $1.19 per shareOctober 22, 2024 | globenewswire.comSee More Headlines CHMG Stock Analysis - Frequently Asked Questions How have CHMG shares performed this year? Chemung Financial's stock was trading at $49.80 on January 1st, 2024. Since then, CHMG stock has increased by 2.7% and is now trading at $51.15. View the best growth stocks for 2024 here. How were Chemung Financial's earnings last quarter? Chemung Financial Co. (NASDAQ:CHMG) announced its earnings results on Tuesday, October, 22nd. The bank reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.06. The bank had revenue of $38.28 million for the quarter, compared to analyst estimates of $24 million. Chemung Financial had a net margin of 14.56% and a trailing twelve-month return on equity of 10.60%. Who are Chemung Financial's major shareholders? Top institutional investors of Chemung Financial include Chemung Canal Trust Co. (7.07%), Fourthstone LLC (6.57%), Geode Capital Management LLC (1.61%) and State Street Corp (1.03%). 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. 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. Compare Top Brokerages Here. 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), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR). Company Calendar Ex-Dividend for 10/1 Dividend9/19/2024Dividend Payable10/01/2024Last Earnings10/22/2024Today11/21/2024Ex-Dividend for 1/2 Dividend12/19/2024Fiscal Year End12/31/2024Dividend Payable1/02/2025Next Earnings (Estimated)1/23/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryBanking Current SymbolNASDAQ:CHMG CUSIPN/A CIK763563 Webwww.chemungcanal.com Phone(607) 737-3711FaxN/AEmployees340Year FoundedN/APrice Target and Rating Average Stock Price Target$49.00 High Stock Price Target$49.00 Low Stock Price Target$49.00 Potential Upside/Downside-2.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$4.52 Trailing P/E Ratio11.08 Forward P/E Ratio10.14 P/E GrowthN/ANet Income$25 million Net Margins14.56% Pretax Margin18.39% Return on Equity10.60% Return on Assets0.78% Debt Debt-to-Equity Ratio0.24 Current Ratio0.87 Quick Ratio0.87 Sales & Book Value Annual Sales$137.62 million Price / Sales1.73 Cash Flow$5.85 per share Price / Cash Flow8.57 Book Value$41.34 per share Price / Book1.21Miscellaneous Outstanding Shares4,760,000Free Float4,186,000Market Cap$238.48 million OptionableNot Optionable Beta0.15 Social Links Unlock the Potential in Options TradingOptions trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.Get This Free Report This page (NASDAQ:CHMG) was last updated on 11/21/2024 by MarketBeat.com Staff From Our PartnersThe Crypto That’s Making Wall Street SweatThe Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. Big tech gian...Crypto 101 Media | SponsoredMissed Nvidia? Watch this ASAPThis little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrou...Brownstone Research | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | Sponsored24/7 Automated Profits in CryptoWhat if you could make consistent daily profits in crypto with minimal effort? Beyond trading lies a vast w...Crypto Swap Profits | SponsoredThe pin that pops the AI bubbleMy new documentary explores the background to this pattern and how and why I believe it will almost certainly ...Porter & Company | SponsoredCrypto’s next big bull run?Juan Villaverde may be America’s top crypto expert. And he says something big is coming for crypto – on Nov...Weiss Ratings | Sponsored“This Changes Everything” - Trump Hands Millions Massive IRS GiftNow it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as ...Colonial Metals | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Chemung Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Chemung Financial With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.