Chemung Financial Corporation (CHMG)
NASDAQ: CHMG · IEX Real-Time Price · USD
42.48
+0.41 (0.97%)
Mar 28, 2024, 4:00 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 15.35% from the current stock price of 42.48.

Analyst Consensus: Hold
Target Low Average Median High
Price $49 $49 $49 $49
Change +15.35% +15.35% +15.35% +15.35%
* Price targets were last updated on Apr 6, 2023.

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 Dec '22Jan '23Feb '23Mar '23Apr '23
Strong Buy 00000
Buy 00000
Hold 11111
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$52$49
Hold Maintains $52$49 +15.35% Apr 6, 2023
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$50$52
Hold Maintains $50$52 +22.41% Jan 31, 2023
DA Davidson
DA Davidson
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Oct 22, 2020
DA Davidson
DA Davidson
Strong Buy
Upgrades
n/a
Strong Buy Upgrades n/a n/a Mar 9, 2020
More Analyst Ratings

Financial Forecast

Revenue This Year
100.58M
from 95.74M
Increased by 5.05%
Revenue Next Year
108.74M
from 100.58M
Increased by 8.11%
EPS This Year
4.78
from 5.28
Decreased by -9.42%
EPS Next Year
5.49
from 4.78
Increased by 14.87%
Year 2019202020212022202320242025
Revenue
74.74M79.80M89.44M96.17M95.74M100.58M108.74M
Revenue Growth
-7.04%6.78%12.08%7.52%-0.44%5.05%8.11%
EPS
3.214.015.646.135.284.785.49
EPS Growth
-20.94%24.92%40.65%8.69%-13.87%-9.42%14.87%
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 104.2M 113.0M
Avg 100.6M 108.7M
Low 96.1M 103.5M

Revenue Growth

Revenue Growth 20242025
High
8.8%
12.3%
Avg
5.1%
8.1%
Low
0.3%
2.9%

EPS Forecast

EPS 20242025
High 5.12 5.75
Avg 4.78 5.49
Low 4.27 5.13

EPS Growth

EPS Growth 20242025
High
-3.0%
20.3%
Avg
-9.4%
14.9%
Low
-19.2%
7.2%
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.