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NASDAQ:CHMG

Chemung Financial (CHMG) Stock Price, News & Analysis

Chemung Financial logo
$44.87 -2.63 (-5.54%)
As of 09:34 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Chemung Financial Stock (NASDAQ:CHMG)

Key Stats

Today's Range
$44.07
$46.70
50-Day Range
$45.11
$53.98
52-Week Range
$39.00
$55.73
Volume
12,120 shs
Average Volume
13,137 shs
Market Capitalization
$214.88 million
P/E Ratio
9.04
Dividend Yield
2.85%
Price Target
$58.50
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.

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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 85th out of 934 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 received no research coverage 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 9.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.57.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Chemung Financial is 9.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.98.

  • Price to Book Value per Share Ratio

    Chemung Financial has a P/B Ratio of 1.09. 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 0.9, 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 0.69%, indicating that investor sentiment is improving.
  • Dividend Yield

    Chemung Financial pays a meaningful dividend of 2.74%, 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 25.81%. 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 0.9, 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 0.69%, indicating that investor sentiment is improving.
    • 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 $28,019.00 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.

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

    Trump Allies Confirm Exec Order 14024 Triggers Dollar Collapse
    Executive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth, your savings, and your retirement. When the dollar collapses, your savings could disappear overnight. With Trump threatening Russia with more sanctions, Russia is rushing to finalize their BRICS payment system aimed to destroy the U.S dollar.
    Chemung Financial increases quarterly dividend 3.2% to 32c per share
    KBW Sticks to Its Hold Rating for Chemung Financial (CHMG)
    Chemung Financial Corporation Announces Dividend Increase
    Janney Montgomery Keeps Their Buy Rating on Chemung Financial (CHMG)
    See More Headlines

    CHMG Stock Analysis - Frequently Asked Questions

    Chemung Financial's stock was trading at $48.81 at the start of the year. Since then, CHMG stock has decreased by 7.6% and is now trading at $45.11.
    View the best growth stocks for 2025 here
    .

    Chemung Financial Co. (NASDAQ:CHMG) released its quarterly earnings results on Tuesday, January, 28th. The bank reported $1.24 EPS for the quarter, topping the consensus estimate of $1.19 by $0.05. Chemung Financial had a trailing twelve-month return on equity of 11.47% and a net margin of 15.70%.

    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

    Last Earnings
    1/28/2025
    Record date for 4/1 Dividend
    3/18/2025
    Ex-Dividend for 4/1 Dividend
    3/18/2025
    Dividend Payable
    4/01/2025
    Today
    4/03/2025
    Next Earnings (Estimated)
    4/17/2025
    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
    $58.50
    High Stock Price Target
    $60.00
    Low Stock Price Target
    $57.00
    Potential Upside/Downside
    +29.7%
    Consensus Rating
    Hold
    Rating Score (0-4)
    2.00
    Research Coverage
    2 Analysts

    Profitability

    Trailing P/E Ratio
    9.09
    Forward P/E Ratio
    8.38
    P/E Growth
    N/A
    Net Income
    $23.67 million
    Pretax Margin
    18.39%

    Debt

    Sales & Book Value

    Annual Sales
    $96.11 million
    Cash Flow
    $5.26 per share
    Price / Cash Flow
    8.57
    Book Value
    $41.34 per share
    Price / Book
    1.09

    Miscellaneous

    Free Float
    4,186,000
    Market Cap
    $216.03 million
    Optionable
    Not Optionable
    Beta
    0.13

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