Chemung Financial Corp. (CHMG)

NASDAQ: CHMG · IEX Real-Time Price · USD
45.52 -0.15 (-0.34%)
Jan 21, 2022 4:00 PM EST - Market closed
Market Cap212.31M
Revenue (ttm)88.95M
Net Income (ttm)25.20M
Shares Out4.66M
EPS (ttm)5.37
PE Ratio8.47
Forward PE9.62
Dividend$1.19 (2.61%)
Ex-Dividend DateDec 17, 2021
Volume4,003
Open45.59
Previous Close45.68
Day's Range45.04 - 47.22
52-Week Range33.33 - 49.50
Beta0.07
AnalystsBuy
Price Target51.33 (+12.8%)
Earnings DateJan 28, 2022

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 ...

IndustryBanks
Founded1833
Employees341
Stock ExchangeNASDAQ
Ticker SymbolCHMG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for CHMG stock is "Buy." The 12-month stock price forecast is 51.33, which is an increase of 12.76% from the latest price.

Price Target
$51.33
(12.76% upside)
Analyst Consensus: Buy

News

Chemung Financial (CHMG) Earnings Expected to Grow: What to Know Ahead of Q4 Release

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.

2 days ago - Zacks Investment Research

What Makes Chemung Financial (CHMG) a New Buy Stock

Chemung Financial (CHMG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 month ago - Zacks Investment Research

Is Chemung Financial Corp (CHMG) Stock Undervalued Right Now?

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 the latest v...

1 month ago - Zacks Investment Research

Chemung Financial Corporation Announces Quarterly Dividend

ELMIRA, N.Y., Nov. 19, 2021 (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...

2 months ago - GlobeNewsWire

Will Chemung Financial (CHMG) Gain on Rising Earnings Estimates?

Chemung Financial (CHMG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

2 months ago - Zacks Investment Research

Chemung Financial (CHMG) Tops Q3 Earnings and Revenue Estimates

Chemung Financial (CHMG) delivered earnings and revenue surprises of 16.39% and 6.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Chemung Financial Corporation Reports Third Quarter 2021 Net Income of $6.6 million, or $1.42 per Share

ELMIRA, N.Y, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net income...

3 months ago - GlobeNewsWire

Chemung Financial (CHMG) Earnings Expected to Grow: Should You Buy?

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.

3 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 23rd

VFC, CHMG, HAFC, and CRI made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 23, 2021

Other symbols:CRIHAFCVFC
5 months ago - Zacks Investment Research

Why Chemung Financial (CHMG) Might be Well Poised for a Surge

Chemung Financial (CHMG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

5 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for August 11th

RGR, CHMG, BSET, and SLB made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 11, 2021

Other symbols:BSETRGRSLB
5 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for August 11th

AAWW, CZWI, CHMG, and VALE made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 11, 2021

Other symbols:AAWWCZWIVALE
5 months ago - Zacks Investment Research

All You Need to Know About Chemung Financial (CHMG) Rating Upgrade to Strong Buy

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.

5 months ago - Zacks Investment Research

Chemung Financial (CHMG) Tops Q2 Earnings and Revenue Estimates

Chemung Financial (CHMG) delivered earnings and revenue surprises of 23.93% and 4.67%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Chemung Financial Corporation Reports Second Quarter 2021 Net Income of $6.8 million, or $1.45 per Share

ELMIRA, N.Y., July 22, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net incom...

6 months ago - GlobeNewsWire

Earnings Preview: Chemung Financial (CHMG) Q2 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.

6 months ago - Zacks Investment Research

Chemung Financial Corporation Announces Dividend Increase

ELMIRA, N.Y., May 20, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (Nasdaq: CHMG) announced today that its Board of Directors has approved a dividend increase of $0.05 per share, equal to a qu...

8 months ago - GlobeNewsWire

Top Ranked Value Stocks to Buy for May 11th

Top Ranked Value Stocks to Buy for May 11th

Other symbols:PHMRMTCFC
8 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for May 6th

Top Ranked Value Stocks to Buy for May 6th

Other symbols:PHMSWBI
8 months ago - Zacks Investment Research

Earnings Estimates Moving Higher for Chemung Financial (CHMG): Time to Buy?

Chemung Financial (CHMG) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

8 months ago - Zacks Investment Research

Chemung Financial (CHMG) Q1 Earnings Beat Estimates

Chemung Financial (CHMG) delivered earnings and revenue surprises of 10.32% and -1.05%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Chemung Financial Corporation Reports First Quarter 2021 Net Income of $6.5 million, or $1.39 per Share

ELMIRA, N.Y., April 22, 2021 (GLOBE NEWSWIRE) -- Chemung Financial Corporation (the “Corporation”) (Nasdaq: CHMG), the parent company of Chemung Canal Trust Company (the “Bank”), today reported net inco...

9 months ago - GlobeNewsWire

Is Chemung Financial (CHMG) a Great Value Stock Right Now?

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 the latest v...

9 months ago - Zacks Investment Research

Is Chemung Financial (CHMG) Stock Undervalued Right Now?

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 the latest v...

9 months ago - Zacks Investment Research

Is Chemung Financial Corp (CHMG) a Good Value Investor Stock?

Let's see if Chemung Financial Corp (CHMG) stock is a good choice for value-oriented investors right now from multiple angles.

9 months ago - Zacks Investment Research