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Chemung Financial Corp. (CHMG)

Stock Price: $35.38 USD -1.42 (-3.86%)

Updated Oct 26, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap	167.91M
Revenue (ttm)	72.86M
Net Income (ttm)	14.48M
Shares Out	4.75M
EPS (ttm)	3.76
PE Ratio	9.41
Forward PE	10.94
Dividend	$1.04
Dividend Yield	2.94%

Stock Quote

Trading Day	Oct 26, 2020
Last Price	$35.38
Previous Close	$36.80
Change ($)	-1.42
Change (%)	-3.86%
Day's Open	36.50
Day's Range	34.55 - 37.22
Day's Volume	65,840
52-Week Range	21.75 - 46.69

More Stats

Market Cap	167.91M
Enterprise Value	24.47M
Earnings Date (est)	Jan 28, 2021
Ex-Dividend Date	Sep 16, 2020
Shares Outstanding	4.75M
Float	3.79M
EPS (basic)	2.98
EPS (diluted)	3.76
FCF / Share	5.41

Dividend	$1.04
Dividend Yield	2.94%
Earnings Yield	10.63%
FCF Yield	15.64%
Payout Ratio	34.90%
Shares Short	40,234
Short Ratio	6.22
Short % of Float	1.06%
Beta	0.12

PE Ratio	9.41
Forward PE	10.94
P/FCF Ratio	6.39
PS Ratio	2.30
PB Ratio	0.86
Revenue	72.86M
Operating Income	17.50M
Net Income	14.48M
Free Cash Flow	26.26M

Net Cash	143.44M
Net Cash / Share	30.22
Gross Margin	96.15%
Operating Margin	24.03%
Profit Margin	19.90%
FCF Margin	36.04%
ROA	0.92%
ROE	9.62%
ROIC	1.00%

Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (4)

Buy	1
Overweight	0
Hold	3
Underweight	0
Sell	0

What these ratings mean

Analyst Consensus: Overweight

Price Target

$38.00*

(7.41% upside)

Low

36.0

Current: $35.38

High

41.0

Target: 38.00

*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	74.74	80.40	68.46	71.04	69.52	72.34	61.95	63.20	60.42	53.05
Revenue Growth	-7.04%	17.45%	-3.64%	2.19%	-3.91%	16.77%	-1.98%	4.61%	13.89%	-
Gross Profit	74.74	80.40	68.46	71.04	69.52	72.34	61.95	63.20	60.42	53.05
Operating Income	19.04	23.64	14.69	14.43	14.09	11.87	12.55	16.41	15.57	15.21
Net Income	15.61	19.63	7.43	10.03	9.43	8.16	8.73	11.02	10.54	10.10
Shares Outstanding	4.87	4.83	4.80	4.76	4.72	4.68	4.66	4.64	4.38	3.61
Earnings Per Share	3.21	4.06	1.55	2.11	2.00	1.74	1.87	2.38	2.40	2.80
EPS Growth	-20.94%	161.94%	-26.54%	5.5%	14.94%	-6.95%	-21.43%	-0.83%	-14.29%	-
Dividend Per Share	1.04	1.04	1.04	1.04	1.04	1.04	1.04	1.00	1.00	1.00
Dividend Growth	0%	0%	0%	0%	0%	0%	4%	0%	0%	-
Operating Cash Flow	26.41	27.77	23.65	22.14	14.12	18.44	22.97	24.56	9.17	17.82
Capital Expenditures	-0.88	-1.77	-1.47	-1.70	-1.14	-2.59	-3.71	-3.67	-2.55	-2.08
Free Cash Flow	25.52	26.00	22.18	20.45	12.99	15.86	19.26	20.89	6.62	15.74
Cash & Equivalents	122	130	30.73	74.16	26.19	29.16	51.61	40.24	52.90	60.62
Total Debt	12.17	4.30	74.22	41.42	64.43	82.77	57.94	59.94	80.45	64.77
Net Cash / Debt	110	126	-43.49	32.74	-38.24	-53.61	-6.34	-19.69	-27.55	-4.15
Assets	1,788	1,755	1,708	1,657	1,620	1,525	1,476	1,248	1,216	958
Liabilities	1,605	1,590	1,558	1,513	1,483	1,391	1,338	1,117	1,090	861
Book Value	183	165	150	144	137	134	139	131	126	97.41

Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name	Chemung Financial Corp.
Country	United States
Employees	362
CEO	Anders M. Tomson

Stock Information

Ticker Symbol	CHMG
Stock Exchange	NASDAQ
Sector	Financial Services
Industry	Banks—Regional
Unique Identifier	NASDAQ: CHMG

Description

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 loans; and letters of credit, wealth management, employee benefit plans, and mutual fund services. In addition, the company provides guardian, custodian, and trustee services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts; and various investment, pension, estate planning, and employee benefit administrative services. Further, it provides securities and insurance brokerage, tax preparation, and interest rate swap services. As of March 23, 2020, the company operated through 33 branch offices located in 12 counties in New York and Bradford County in Pennsylvania. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.