Chemung Financial Corp. (CHMG)
| Market Cap | 164.57M |
| Revenue (ttm) | 77.73M |
| Net Income (ttm) | 18.23M |
| Shares Out | 4.77M |
| EPS (ttm) | 3.76 |
| PE Ratio | 9.39 |
| Forward PE | 10.44 |
| Dividend | $1.04 |
| Dividend Yield | 2.94% |
| Trading Day | January 15 |
| Last Price | $35.34 |
| Previous Close | $35.77 |
| Change ($) | -0.43 |
| Change (%) | -1.20% |
| Day's Open | 35.30 |
| Day's Range | 34.88 - 35.75 |
| Day's Volume | 5,348 |
| 52-Week Range | 22.43 - 40.48 |
The announcement of new share repurchase program by Chemung Financial (CHMG) reflects its efforts to enhance shareholder value.
ELMIRA, N.Y., Jan. 08, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, announced today that the Bo...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
ELMIRA, N.Y., Nov. 19, 2020 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per sha...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
We have narrowed down our search to five small-cap stocks with a favorable Zacks Rank that popped more than 7% in the past week - World Acceptance (WRLD), Northrim BanCorp (NRIM), South Plains...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to th...
Top Ranked Momentum Stocks to Buy for October 29th
Chemung Financial (CHMG) delivered earnings and revenue surprises of 77.61% and 5.02%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the ...
ELMIRA, N.Y., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported...
These five bank stocks should exceed their earnings per share posted a year ago, and they all have an edge over the biggest banks in the U.S. The post 5 Bank Stocks To Buy for an Earnings Bump...
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.
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.
ELMIRA, N.Y., Aug. 20, 2020 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per s...
Chemung Financial (CHMG) delivered earnings and revenue surprises of 160.87% and 6.55%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
ELMIRA, N.Y., July 20, 2020 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today report...
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.
Chemung Financial (CHMG) delivered earnings and revenue surprises of -32.00% and 0.86%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
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.
Find out which are keeping repurchases in place and which are cutting back.
ELMIRA, N.Y., March 18, 2020 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, announced today that the...
ELMIRA, N.Y., Feb. 20, 2020 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per s...
ELMIRA, N.Y., Jan. 28, 2020 (GLOBE NEWSWIRE) -- Chemung Canal Trust Company (CCTC) today announced that it will be closing its branch office on Main Street in Towanda, at the close of busine...
Chemung Financial (CHMG) delivered earnings and revenue surprises of -13.00% and -0.53%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the...
ELMIRA, N.Y., Dec. 16, 2019 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier on December 13, 2019 by Chemung Financial Corporation (Nasdaq: CHMG) please note that in t...
ELMIRA, N.Y., Dec. 13, 2019 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a quarterly cash dividend of $0.26 per s...
ELMIRA, N.Y., Dec. 03, 2019 (GLOBE NEWSWIRE) -- Chemung Canal Trust Company today announced that Karen R. Makowski, Executive Vice President and Chief Risk Officer, will be retiring on Janua...
Chemung Financial (CHMG) delivered earnings and revenue surprises of 37.93% and -1.96%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the...
ELMIRA, N.Y., Oct. 18, 2019 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today report...
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.
ELMIRA, N.Y., Aug. 26, 2019 (GLOBE NEWSWIRE) -- Chemung Canal Trust Company (the bank) today announced that Peter K. Cosgrove has been hired as Executive Vice President and Chief Credit Offi...
Chemung Financial (CHMG) delivered earnings and revenue surprises of 9.68% and -1.96%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
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.
Chemung Financial (CHMG) delivered earnings and revenue surprises of -8.00% and -1.12%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
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.
Chemung Financial might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
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...]
| Industry Banks-Regional | Founded 1833 |
| CEO Anders M. Tomson | Employees 362 |
| Stock Exchange NASDAQ | Ticker Symbol CHMG |
Financial Performance
In 2019, CHMG's revenue was $74.74 million, a decrease of -7.04% compared to the previous year's $80.40 million. Earnings were $15.61 million, a decrease of -20.47%.
Analyst Forecasts
According to 4 analysts, the average rating for CHMG stock is "Buy." The 12-month stock price forecast is 37.38, which is an increase of 5.77% from the latest price.