Chemung Financial Corporation (CHMG)
NASDAQ: CHMG · Real-Time Price · USD
54.05
+1.03 (1.94%)
Dec 5, 2024, 2:18 PM EST - Market open
Chemung Financial Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Chemung Financial stock has a target of 60, which predicts an increase of 11.01% from the current stock price of 54.05.
Analyst Consensus: Hold
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 | 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 | 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 $54 → $60 | Hold | Maintains | $54 → $60 | +11.01% | Dec 4, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $51 → $49 | Hold | Maintains | $51 → $49 | -9.34% | Apr 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $52 → $49 | Hold | Maintains | $52 → $49 | -9.34% | 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 | Strong Buy → Hold Downgrades $32 → $37 | Strong Buy → Hold | Downgrades | $32 → $37 | -31.54% | Oct 22, 2020 |
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%
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 | 5.01 | 5.40 | 6.63 |
| Low | 4.78 | 5.19 | 5.88 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| 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.