Chemung Financial Corp. (CHMG)
| Market Cap | 219.17M |
| Revenue (ttm) | 93.57M |
| Net Income (ttm) | 27.80M |
| Shares Out | 4.69M |
| EPS (ttm) | 5.93 |
| PE Ratio | 7.85 |
| Forward PE | 7.34 |
| Dividend | $1.24 (2.66%) |
| Ex-Dividend Date | Dec 19, 2022 |
| Volume | 6,194 |
| Open | 47.03 |
| Previous Close | 46.85 |
| Day's Range | 46.22 - 47.05 |
| 52-Week Range | 40.74 - 48.75 |
| Beta | 0.04 |
| Analysts | Buy |
| Price Target | 49.64 (+6.6%) |
| Earnings Date | Jan 24, 2023 |
About CHMG
Chemung Financial Corporation operates as the 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 mortgage loans; residential mortgage loans; consumer loans, including home equity lines of credit and home equity ... [Read more]
Financial Performance
In 2021, CHMG's revenue was $89.44 million, an increase of 12.08% compared to the previous year's $79.80 million. Earnings were $26.43 million, an increase of 37.19%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for CHMG stock is "Buy." The 12-month stock price forecast is 49.64, which is an increase of 6.57% from the latest price.
News
Chemung Financial Corporation Announces Quarterly Dividend
ELMIRA, N.Y., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.31 per share, payabl...
Chemung Financial Corporation Reports Third Quarter 2022 Net Income of $6.5 million, or $1.37 per Share
ELMIRA, N.Y., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net incom...
Chemung Financial (CHMG) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chemung Financial (CHMG) have what it takes?
Earnings Preview: Chemung Financial (CHMG) Q3 Earnings Expected to Decline
Chemung Financial (CHMG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Why Chemung Financial (CHMG) is a Great Dividend Stock Right Now
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Chemung Financial (CHMG) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chemung Financial (CHMG) have what it takes?
This is Why Chemung Financial (CHMG) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Chemung Financial (CHMG) have what it takes?
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Chemung Financial (CHMG) Q2 Earnings and Revenues Surpass Estimates
Chemung Financial (CHMG) delivered earnings and revenue surprises of 42.50% and 1.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Chemung Financial Corporation Reports Second Quarter 2022 Net Income of $8.0 million, or $1.72 per Share
ELMIRA, N.Y., July 21, 2022 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net incom...
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Chemung Financial (CHMG) Upgraded to Strong Buy: Here's Why
Chemung Financial (CHMG) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Should Value Investors Buy Chemung Financial Corp (CHMG) Stock?
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