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How to buy Chemung Financial stock (CHMG)

Buy Chemung Financial stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Chemung Financial is a banks - regional business based in the US. Chemung Financial shares (CHMG) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $50.10 – a decrease of 2.62% over the previous week. Chemung Financial employs 339 staff and has a trailing 12-month revenue of around $93.5 million.

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Chemung Financial stock price (NASDAQ: CHMG)

Use our graph to track the performance of CHMG stocks over time.

Chemung Financial shares at a glance

Information last updated 2024-11-14.
Latest market close$50.10
52-week range$38.46 - $52.59
50-day moving average $47.80
200-day moving average $44.90
Wall St. target price$54.00
PE ratio 11.3827
Dividend yield $1.24 (2.39%)
Earnings per share (TTM) $4.52

Is it a good time to buy Chemung Financial stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Chemung Financial price performance over time

Historical closes compared with the close of $50.65 from 2024-11-19

1 week (2024-11-14) -1.55%
1 month (2024-10-21) 7.35%
3 months (2024-08-21) 11.93%
6 months (2024-05-21) 16.71%
1 year (2023-11-21) 10.98%
2 years (2022-11-21) 13.38%
3 years (2021-11-19) 20.65%
5 years (2019-11-21) 33.84%

Is Chemung Financial stock undervalued or overvalued?

Valuing Chemung Financial stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Chemung Financial's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Chemung Financial's P/E ratio

Chemung Financial's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Chemung Financial shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Chemung Financial financials

Revenue TTM $93.5 million
Operating margin TTM 32.9%
Gross profit TTM $96.2 million
Return on assets TTM 0.79%
Return on equity TTM 11.04%
Profit margin 23.06%
Book value $46.39
Market Capitalization $245.6 million

TTM: trailing 12 months

Chemung Financial share dividends

27%

Dividend payout ratio: 27.37% of net profits

Recently Chemung Financial has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Chemung Financial shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Chemung Financial's case, that would currently equate to about $1.24 per share.

While Chemung Financial's payout ratio might seem fairly standard, it's worth remembering that Chemung Financial may be investing much of the rest of its net profits in future growth.

Chemung Financial's most recent dividend payout was on 30 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 18 September 2024 (the "ex-dividend date").

Have Chemung Financial's shares ever split?

Chemung Financial's shares were split on a 2:1 basis on 2 June 1998 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Chemung Financial shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Chemung Financial shares which in turn could have impacted Chemung Financial's share price.

Chemung Financial share price volatility

Over the last 12 months, Chemung Financial's shares have ranged in value from as little as $38.4641 up to $52.5902. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Chemung Financial's is 0.168. This would suggest that Chemung Financial's shares are less volatile than average (for this exchange).

Chemung Financial overview

Chemung Financial Corporation operates as a bank 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 and residential mortgage loans; and consumer loans, including home equity lines of credit and home equity term loans. In addition, the company provides interest rate swaps, letters of credit, employee benefit plans, insurance products, mutual fund, brokerage, and tax preparation services. Further, it offers guardian, custodian, trustee, investment, pension, estate planning, and employee benefit administrative services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York. .

Frequently asked questions

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What percentage of Chemung Financial is owned by insiders or institutions?
Currently 11.388% of Chemung Financial shares are held by insiders and 43.758% by institutions.
How many people work for Chemung Financial?
Latest data suggests 339 work at Chemung Financial.
When does the fiscal year end for Chemung Financial?
Chemung Financial's fiscal year ends in December.
Where is Chemung Financial based?
Chemung Financial's address is: One Chemung Canal Plaza, Elmira, NY, United States, 14901
What is Chemung Financial's ISIN number?
Chemung Financial's international securities identification number is: US1640241014
What is Chemung Financial's CUSIP number?
Chemung Financial's Committee on Uniform Securities Identification Procedures number is: 164024101

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