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NASDAQ: CHMG
Chemung Financial Corp Stock

$41.50-0.07 (-0.17%)
Updated Mar 31, 2023
CHMG Price
$41.50
Fair Value Price
$53.43
Market Cap
$195.41M
52 Week Low
$40.75
52 Week High
$53.43
P/E
6.77x
P/B
1.17x
P/S
2.24x
PEG
0.29x
Dividend Yield
2.99%
Revenue
$96.17M
Earnings
$28.78M
Gross Margin
100%
Operating Margin
38.36%
Profit Margin
29.9%
Debt to Equity
14.9
Operating Cash Flow
$35M
Beta
0.92
Next Earnings
Apr 19, 2023
Ex-Dividend
Mar 17, 2023
Next Dividend
Apr 3, 2023

CHMG Overview

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. The company provides demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. It also offers commercial and agricultural loans comprising loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; consumer loans, including home equity lines of credit and home equity term loans; and interest rate swaps, letters of credit, wealth management, employee benefit plans, mutual fund, insurance products, and brokerage services. Further, it provides securities, insurance, and tax preparation services. Additionally, it offers guardian, custodian, and trustee services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts; and various investment, pension, estate planning, and employee benefit administrative services. The company operates 31 branch offices located in 13 counties in New York and Bradford County in Pennsylvania. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

Zen Score

Industry Average (38)
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Due Diligence Checks

CHMG ($41.50) is undervalued by 22.32% relative to our estimate of its Fair Value price of $53.43 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
CHMG ($41.50) is significantly undervalued by 22.32% relative to our estimate of its Fair Value price of $53.43 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
CHMG ($41.50) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more CHMG due diligence checks available for Premium users.

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CHMG News

Valuation

CHMG fair value

Fair Value of CHMG stock based on Discounted Cash Flow (DCF)
Price
$41.50
Fair Value
$53.43
Undervalued by
22.32%
CHMG ($41.50) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
CHMG ($41.50) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
CHMG ($41.50) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

CHMG price to earnings (PE)

For valuing profitable companies with steady earnings
Company
6.77x
Industry
22.29x
Market
22.13x
CHMG is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CHMG is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

CHMG price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.17x
Industry
0.99x
CHMG is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CHMG price to earnings growth (PEG)

For valuing profitable companies with growth potential
CHMG is good value based... subscribe to Premium to read more.
PEG Value Valuation

CHMG's financial health

Profit margin

Revenue
$25.2M
Net Income
$7.4M
Profit Margin
29.5%
CHMG's Earnings (EBIT) of $36.89M... subscribe to Premium to read more.
Interest Coverage Financials
CHMG's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$2.6B
Liabilities
$2.5B
Debt to equity
14.9
CHMG's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
CHMG's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$2.4M
Investing
-$77.0M
Financing
$88.1M
CHMG's operating cash flow ($35.05M)... subscribe to Premium to read more.
Debt Coverage Financials

CHMG vs Bank Stocks

TickerMarket Cap1d %P/EP/B
CHMG$195.41M-0.17%6.77x1.17x
PDLB$195.18M0.00%-5.95x0.40x
BWFG$195.01M+0.08%5.14x0.82x
OVLY$195.95M+1.07%8.45x1.55x
VBNK$194.74M-2.25%10.59x0.75x

Chemung Financial Stock FAQ

What is Chemung Financial's quote symbol?

NASDAQ: CHMG) Chemung Financial trades on the NASDAQ under the ticker symbol CHMG. Chemung Financial stock quotes can also be displayed as NASDAQ: CHMG.

If you're new to stock investing, here's how to buy Chemung Financial stock.

What is the 52 week high and low for Chemung Financial (NASDAQ: CHMG)?

(NASDAQ: CHMG) Chemung Financial's 52-week high was $53.43, and its 52-week low was $40.75. It is currently -22.33% from its 52-week high and 1.85% from its 52-week low.

How much is Chemung Financial stock worth today?

(NASDAQ: CHMG) Chemung Financial currently has 4,708,557 outstanding shares. With Chemung Financial stock trading at $41.50 per share, the total value of Chemung Financial stock (market capitalization) is $195.41M.

Chemung Financial stock was originally listed at a price of $28.00 in Jan 4, 1999. If you had invested in Chemung Financial stock at $28.00, your return over the last 24 years would have been 48.21%, for an annualized return of 1.65% (not including any dividends or dividend reinvestments).

How much is Chemung Financial's stock price per share?

(NASDAQ: CHMG) Chemung Financial stock price per share is $41.50 today (as of Mar 31, 2023).

What is Chemung Financial's Market Cap?

(NASDAQ: CHMG) Chemung Financial's market cap is $195.41M, as of Apr 2, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Chemung Financial's market cap is calculated by multiplying CHMG's current stock price of $41.50 by CHMG's total outstanding shares of 4,708,557.
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