Chemung Financial Corporation (CHMG)
NASDAQ: CHMG · Real-Time Price · USD
50.10
-0.55 (-1.09%)
Nov 20, 2024, 4:00 PM EST - 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 a decrease of -2.20% from the current stock price of 50.10.

Analyst Consensus: Hold
Target Low Average Median High
Price $49 $49 $49 $49
Change -2.20% -2.20% -2.20% -2.20%
* 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 111111

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 -2.20% Apr 22, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$52$49
Hold Maintains $52$49 -2.20% Apr 6, 2023
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$50$52
Hold Maintains $50$52 +3.79% Jan 31, 2023
DA Davidson
DA Davidson
Hold
Downgrades
$32$37
Hold Downgrades $32$37 -26.15% Oct 22, 2020
DA Davidson
DA Davidson
Strong Buy
Upgrades
$44$37
Strong Buy Upgrades $44$37 -26.15% Mar 9, 2020
More Analyst Ratings

Financial Forecast

Revenue This Year
98.17M
Revenue Next Year
107.64M
from 98.17M
Increased by 9.64%
EPS This Year
5.01
from 5.28
Decreased by -5.20%
EPS Next Year
5.40
from 5.01
Increased by 7.90%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----98.17M107.64M121.02M
Revenue Growth
-6.58%6.78%12.08%7.52%-0.44%-9.64%12.43%
EPS
3.214.015.646.135.285.015.406.63
EPS Growth
-21.07%25.09%40.72%8.69%-13.86%-5.20%7.90%22.66%
Forward PE
-----10.009.277.56
No. Analysts -----444
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 101.1M 110.8M 124.6M
Avg 98.2M 107.6M 121.0M
Low 94.3M 103.4M 116.3M

Revenue Growth

Revenue Growth 202420252026
High -
12.9%
15.7%
Avg -
9.6%
12.4%
Low -
5.3%
8.0%

EPS Forecast

EPS 202420252026
High 5.19 5.57 7.35
Avg 5.01 5.40 6.63
Low 4.78 5.19 5.88

EPS Growth

EPS Growth 202420252026
High
-1.8%
11.1%
36.0%
Avg
-5.2%
7.9%
22.7%
Low
-9.5%
3.6%
8.8%
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.