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How to buy Chemung Financial Corporation (CHMG) stocks in Canada

Learn how to easily invest in Chemung Financial Corporation stocks.

Chemung Financial Corporation is a banks-regional business based in the US. Chemung Financial Corporation stocks (CHMG.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $43.28 – a decrease of 2.15% over the previous week. Chemung Financial Corporation employs 337 staff and has a trailing 12-month revenue of around $91.3 million.

How to buy stocks in Chemung Financial Corporation

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – CHMG – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Chemung Financial Corporation stock price (NASDAQ:CHMG)

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

Chemung Financial Corporation shares at a glance

Information last updated 2022-05-12.
Latest market close$45.50
52-week range$40.59 - $48.83
50-day moving average $46.47
200-day moving average $46.12
Wall St. target price$52.67
PE ratio 7.9762
Dividend yield $1.24 (2.63%)
Earnings per share (TTM) $5.71

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Is it a good time to buy Chemung Financial Corporation 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.

Chemung Financial Corporation price performance over time

Historical closes compared with the close of $45.5 from 2022-05-16

1 week (2022-05-10) -2.15%
1 month (2022-04-14) -2.30%
3 months (2022-02-17) -3.21%
6 months (2021-11-17) -2.49%
1 year (2021-05-17) 3.69%
2 years (2020-05-15) 82.51%
3 years (2019-05-17) 48.1
5 years (2017-05-17) 19.42%

Is Chemung Financial Corporation under- or over-valued?

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

Chemung Financial Corporation's P/E ratio

Chemung Financial Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Chemung Financial Corporation shares trade at around 8x 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 Corporation financials

Revenue TTM $91.3 million
Operating margin TTM 39.16%
Gross profit TTM $89.4 million
Return on assets TTM 1.09%
Return on equity TTM 14.07%
Profit margin 29.33%
Book value $39.56
Market capitalisation $212.9 million

TTM: trailing 12 months

Chemung Financial Corporation share dividends

22%

Dividend payout ratio: 21.72% of net profits

Recently Chemung Financial Corporation has paid out, on average, around 21.72% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.63% 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 Corporation shareholders could enjoy a 2.63% return on their shares, in the form of dividend payments. In Chemung Financial Corporation's case, that would currently equate to about $1.24 per share.

While Chemung Financial Corporation's payout ratio might seem low, this can signify that Chemung Financial Corporation is investing more in its future growth.

Chemung Financial Corporation's most recent dividend payout was on 31 March 2022. The latest dividend was paid out to all shareholders who bought their shares by 16 March 2022 (the "ex-dividend date").

Have Chemung Financial Corporation's shares ever split?

Chemung Financial Corporation'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 Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Chemung Financial Corporation shares which in turn could have impacted Chemung Financial Corporation's share price.

Chemung Financial Corporation share price volatility

Over the last 12 months, Chemung Financial Corporation's shares have ranged in value from as little as $40.5873 up to $48.8336. 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 Corporation's is 0.0779. This would suggest that Chemung Financial Corporation's shares are less volatile than average (for this exchange).

Chemung Financial Corporation 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.

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