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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. Chemung Financial employs 337 staff and has a trailing 12-month revenue of around $93.6 million.
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| Latest market close | $51.40 |
|---|---|
| 52-week range | $40.17 - $51.60 |
| 50-day moving average | $46.34 |
| 200-day moving average | $45.13 |
| Wall St. target price | $48.67 |
| PE ratio | 8.597 |
| Dividend yield | $1.24 (2.58%) |
| Earnings per share (TTM) | $5.93 |
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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.
Historical closes compared with the close of $51.4 from 2023-01-30
| 1 week (2023-01-25) | 7.11% |
|---|---|
| 1 month (2022-12-30) | 12.06% |
| 3 months (2022-11-01) | 19.26% |
| 6 months (2022-08-01) | 8.92% |
| 1 year (2022-02-01) | 12.40% |
|---|---|
| 2 years (2021-02-01) | 50.87% |
| 3 years (2020-01-31) | 29.57% |
| 5 years (2018-02-01) | 13.47% |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Chemung Financial shares trade at around 9x 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.
| Revenue TTM | $93.6 million |
|---|---|
| Operating margin TTM | 39.49% |
| Gross profit TTM | $89.4 million |
| Return on assets TTM | 1.12% |
| Return on equity TTM | 15.37% |
| Profit margin | 29.71% |
| Book value | $33.25 |
| Market capitalisation | $238.5 million |
TTM: trailing 12 months
Dividend payout ratio: 20.95% of net profits
Recently Chemung Financial has paid out, on average, around 20.95% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.58% 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 2.58% 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 low, this can signify that Chemung Financial is investing more in its future growth.
Chemung Financial's most recent dividend payout was on 2 January 2023. The latest dividend was paid out to all shareholders who bought their shares by 18 December 2022 (the "ex-dividend date").
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.
Over the last 12 months, Chemung Financial's shares have ranged in value from as little as $40.1698 up to $51.6. 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 0.1029. This would suggest that Chemung Financial's shares are less volatile than average (for this exchange).
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.
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