Chemung Financial Corp Stock Analysis

CHMG Stock  USD 52.33  0.50  0.96%   
Chemung Financial Corp is overvalued with Real Value of 46.55 and Target Price of 42.33. The main objective of Chemung Financial stock analysis is to determine its intrinsic value, which is an estimate of what Chemung Financial Corp is worth, separate from its market price. There are two main types of Chemung Financial's stock analysis: fundamental analysis and technical analysis.
The Chemung Financial stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Chemung Financial's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chemung Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Chemung Stock Analysis Notes

About 42.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.13. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chemung Financial Corp last dividend was issued on the 19th of December 2024. The entity had 2:1 split on the 3rd of June 1998. 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 Corporation was founded in 1833 and is headquartered in Elmira, New York. Chemung Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 337 people. For more info on Chemung Financial Corp please contact the company at 607 737 3711 or go to https://www.chemungcanal.com.

Chemung Financial Quarterly Total Revenue

32.36 Million

Chemung Financial Corp Investment Alerts

Latest headline from seekingalpha.com: Chemung Financial declares 0.31 dividend

Chemung Financial Corp Upcoming and Recent Events

18th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
23rd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

Chemung Largest EPS Surprises

Earnings surprises can significantly impact Chemung Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-04-21
2016-03-310.50.45-0.0510 
2014-04-24
2014-03-310.40.450.0512 
2017-04-20
2017-03-310.550.620.0712 
View All Earnings Estimates

Chemung Financial Environmental, Social, and Governance (ESG) Scores

Chemung Financial's ESG score is a quantitative measure that evaluates Chemung Financial's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Chemung Financial's operations that may have significant financial implications and affect Chemung Financial's stock price as well as guide investors towards more socially responsible investments.

Chemung Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Alliancebernstein L.p.2024-06-30
36.3 K
Royce & Associates, Lp2024-09-30
31 K
Northern Trust Corp2024-09-30
26.6 K
Empowered Funds, Llc2024-06-30
20.2 K
Forum Financial Management, Lp2024-06-30
18.9 K
Lsv Asset Management2024-09-30
16.7 K
Modern Wealth Management Llc2024-09-30
15.2 K
Alesco Advisors Llc2024-09-30
13.2 K
Citadel Advisors Llc2024-09-30
13.2 K
Fourthstone Llc2024-06-30
446.4 K
Chemung Canal Trust Co2024-09-30
336.1 K
Note, although Chemung Financial's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Chemung Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 249.02 M.

Chemung Profitablity

The company has Profit Margin (PM) of 0.23 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.33 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.33.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.01  0.01 
Return On Assets 0.01  0.01 
Return On Equity 0.13  0.11 

Management Efficiency

At this time, Chemung Financial's Return On Tangible Assets are most likely to increase slightly in the upcoming years. The Chemung Financial's current Return On Assets is estimated to increase to 0.01, while Return On Capital Employed is projected to decrease to 0.01. At this time, Chemung Financial's Return On Tangible Assets are most likely to increase slightly in the upcoming years. The Chemung Financial's current Intangibles To Total Assets is estimated to increase to 0.01, while Non Currrent Assets Other are forecasted to increase to (577.6 M). Chemung Financial's management efficiency ratios could be used to measure how well Chemung Financial manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 41.26  43.32 
Tangible Book Value Per Share 36.65  38.48 
Enterprise Value Over EBITDA 6.98  7.34 
Price Book Value Ratio 1.21  1.32 
Enterprise Value Multiple 6.98  7.34 
Price Fair Value 1.21  1.32 
Enterprise Value125.6 M74.3 M
Chemung Financial Corp has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield
0.0237
Operating Margin
0.329
Profit Margin
0.2306
Forward Dividend Yield
0.0237
Beta
0.168

Technical Drivers

As of the 1st of December, Chemung Financial shows the mean deviation of 0.8022, and Risk Adjusted Performance of 0.1105. Chemung Financial Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Chemung Financial Corp jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if Chemung Financial Corp is priced correctly, providing market reflects its regular price of 52.33 per share. Given that Chemung Financial has jensen alpha of 0.0281, we suggest you to validate Chemung Financial Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Chemung Financial Corp Price Movement Analysis

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Chemung Financial Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Chemung Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chemung Financial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Chemung Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Loren Cole over three weeks ago
Disposition of 1000 shares by Loren Cole of Chemung Financial at 51.21 subject to Rule 16b-3
 
Mckim Dale M. Iii over a month ago
Disposition of tradable shares by Mckim Dale M. Iii of Chemung Financial subject to Rule 16b-3
 
Dalrymple David J over three months ago
Acquisition by Dalrymple David J of 888 shares of Chemung Financial at 45.89 subject to Rule 16b-3
 
Wirth Thomas W over three months ago
Disposition of 764 shares by Wirth Thomas W of Chemung Financial at 44.4 subject to Rule 16b-3
 
Mckim Dale M. Iii over three months ago
Disposition of 184 shares by Mckim Dale M. Iii of Chemung Financial at 45.7 subject to Rule 16b-3
 
Stempin John J over three months ago
Acquisition by Stempin John J of 109 shares of Chemung Financial at 46.14 subject to Rule 16b-3
 
Gonick Denise V over six months ago
Acquisition by Gonick Denise V of 611 shares of Chemung Financial at 45.89 subject to Rule 16b-3
 
Kenefick Jeffrey P. over six months ago
Acquisition by Kenefick Jeffrey P. of 1428 shares of Chemung Financial at 49.05 subject to Rule 16b-3
 
Archibold Raimundo C. Jr over six months ago
Disposition of 425 shares by Archibold Raimundo C. Jr of Chemung Financial at 42.2169 subject to Rule 16b-3
 
Meade Joseph F Iv over six months ago
Acquisition by Meade Joseph F Iv of tradable shares of Chemung Financial at 48.11 subject to Rule 16b-3
 
Thomas Wirth over six months ago
Payment of tradable shares by Thomas Wirth of Chemung Financial subject to Rule 16b-3
 
Thomas Wirth over six months ago
Payment of tradable shares by Thomas Wirth of Chemung Financial subject to Rule 16b-3

Chemung Financial Outstanding Bonds

Chemung Financial issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Chemung Financial Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Chemung bonds can be classified according to their maturity, which is the date when Chemung Financial Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Chemung Financial Predictive Daily Indicators

Chemung Financial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Chemung Financial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Chemung Financial Corporate Filings

8K
19th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
8th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
10Q
7th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
13A
22nd of October 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
10th of October 2024
Other Reports
ViewVerify
8K
21st of August 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
8th of August 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Chemung Financial Forecast Models

Chemung Financial's time-series forecasting models are one of many Chemung Financial's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Chemung Financial's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Chemung Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Chemung Financial prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Chemung shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Chemung Financial. By using and applying Chemung Stock analysis, traders can create a robust methodology for identifying Chemung entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.33  0.48 
Operating Profit Margin 0.33  0.31 
Net Profit Margin 0.26  0.33 
Gross Profit Margin 0.74  0.77 

Current Chemung Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Chemung analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Chemung analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
42.33Buy2Odds
Chemung Financial Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Chemung analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Chemung stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Chemung Financial Corp, talking to its executives and customers, or listening to Chemung conference calls.
Chemung Analyst Advice Details

Chemung Stock Analysis Indicators

Chemung Financial Corp stock analysis indicators help investors evaluate how Chemung Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Chemung Financial shares will generate the highest return on investment. By understating and applying Chemung Financial stock analysis, traders can identify Chemung Financial position entry and exit signals to maximize returns.
Begin Period Cash Flow55.9 M
Common Stock Shares Outstanding4.7 M
Total Stockholder Equity195.2 M
Tax Provision6.5 M
Quarterly Earnings Growth Y O Y-0.258
Property Plant And Equipment Net20.2 M
Cash And Short Term Investments630.2 M
Cash36.8 M
Accounts Payable19.6 M
Net DebtM
50 Day M A48.7944
Total Current Liabilities1.9 B
Other Operating Expenses923 K
Non Current Assets Total21.8 M
Forward Price Earnings9.8717
Non Currrent Assets Other-608 M
Stock Based Compensation1.2 M

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