Chemung Financial Corporation (CHMG)
NASDAQ: CHMG · Real-Time Price · USD
50.05
+0.35 (0.70%)
Dec 20, 2024, 4:00 PM EST - Market closed
Chemung Financial Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Chemung Financial stock have an average target of 58.5, with a low estimate of 57 and a high estimate of 60. The average target predicts an increase of 16.88% from the current stock price of 50.05.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CHMG stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Initiates $57 | Hold | Initiates | $57 | +13.89% | Dec 20, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $54 → $60 | Hold | Maintains | $54 → $60 | +19.88% | Dec 4, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $51 → $49 | Hold | Maintains | $51 → $49 | -2.10% | Apr 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $52 → $49 | Hold | Maintains | $52 → $49 | -2.10% | Apr 6, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $50 → $52 | Hold | Maintains | $50 → $52 | +3.90% | Jan 31, 2023 |
Financial Forecast
Revenue This Year
98.17M
Revenue Next Year
107.64M
from 98.17M
Increased by 9.64%
EPS This Year
4.99
from 5.28
Decreased by -5.49%
EPS Next Year
5.40
from 4.99
Increased by 8.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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 | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 12.9% | 15.7% |
| Avg | - | 9.6% | 12.4% |
| Low | - | 5.3% | 8.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.19 | 5.57 | 7.35 |
| Avg | 4.99 | 5.40 | 6.63 |
| Low | 4.75 | 5.19 | 5.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.8% | 11.5% | 36.0% |
| Avg | -5.5% | 8.2% | 22.7% |
| Low | -10.0% | 3.9% | 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.