Chemung Financial Corporation (CHMG)
NASDAQ: CHMG · IEX Real-Time Price · USD
46.31
-0.05 (-0.11%)
Jul 2, 2024, 4:30 PM EDT - Market closed
Chemung Financial Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Chemung Financial stock has a target of 49, which predicts an increase of 5.81% from the current stock price of 46.31.
Analyst Consensus: Hold
* Price targets were last updated on Apr 22, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for CHMG is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $51 → $49 | Hold | Maintains | $51 → $49 | +5.81% | Apr 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $52 → $49 | Hold | Maintains | $52 → $49 | +5.81% | Apr 6, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $50 → $52 | Hold | Maintains | $50 → $52 | +12.29% | Jan 31, 2023 |
| DA Davidson | DA Davidson | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Oct 22, 2020 |
| DA Davidson | DA Davidson | Hold → Strong Buy Upgrades n/a | Hold → Strong Buy | Upgrades | n/a | n/a | Mar 9, 2020 |
Financial Forecast
Revenue This Year
99.54M
from 95.74M
Increased by 3.96%
Revenue Next Year
107.14M
from 99.54M
Increased by 7.64%
EPS This Year
5.09
from 5.28
Decreased by -3.67%
EPS Next Year
5.43
from 5.09
Increased by 6.67%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 103.4M | 113.1M |
| Avg | 99.5M | 107.1M |
| Low | 94.8M | 100.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.0% | 13.6% |
| Avg | 4.0% | 7.6% |
| Low | -1.0% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 5.27 | 5.75 |
| Avg | 5.09 | 5.43 |
| Low | 4.85 | 5.03 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -0.2% | 13.1% |
| Avg | -3.7% | 6.7% |
| Low | -8.1% | -1.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.