Chemung Financial Corporation operates as the holding company for Chemung Canal Trust Company that provides a range of banking, financing, fiduciary, and other financial services.
Chemung Financial stock last closed at $41.50, down 0.17% from the previous day, and has decreased 11.12% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.08 percentage points. Chemung Financial stock is currently +1.85% from its 52-week low of $40.75, and -22.33% from its 52-week high of $53.43.
There are currently 4.71M CHMG shares outstanding. The market capitalization of CHMG is $195.41M. In the last 24 hours, 13,964 CHMG shares were traded.
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Once you have figured out the best place to buy Chemung Financial stock, it's absolutely critical to analyze their stock before you invest, so you can understand the risk and opportunity.
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You can view all of the due diligence checks on CHMG's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge CHMG's true value.
Using relative valuations metrics:
You can access more valuation analysis on CHMG's stock here.
Out of 1 sell side analysts who give forecasts on CHMG, the consensus analyst rating on CHMG is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Christopher OConnell, a bottom 31% analyst from Keefe, Bruyette & Woods maintains CHMG with a hold rating and raises their CHMG price target from $50.00 to $52.00, on Jan 31, 2023.
You can dig deeper into what analysts are saying on the Chemung Financial stock forecast page.
Last year, CHMG earnings were $28.78M. Over the last five year, CHMG's earnings have increased by 31.65% per year. This was faster than the Banks - Regional industry average of 20%.
Last year, CHMG revenue was $96.17M. Over the last 5 year, CHMG's revenue has grown by 7.03% per year. This was faster than the Banks - Regional industry average of 5.39%.
You can research CHMG's earnings and revenue performance here.
Over the past 12 months, executives and large shareholders at CHMG have bought more shares than they have sold.
Joseph F. Meade Iv, Director of CHMG, was the latest CHMG insider to buy. They bought $40,095.00 worth of CHMG stock on Mar 7, 2023.
Dig into more about who owns CHMG shares here.
Chemung Financial pays a dividend of 2.99%, compared to the Banks - Regional industry's average dividend yield of 3.7%. If you owned $1,000 of CHMG stock, you would have received $29.88 in the past year.
Chemung Financial dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Chemung Financial dividend yield and history here.
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To summarize, here are the 6 steps to buy stock in Chemung Financial:
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