Chemung Financial Corp Stock Today
| CHMG Stock | USD 51.40 0.76 1.50% |
Performance9 of 100
| Odds Of DistressLess than 5
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Chemung Financial is trading at 51.40 as of the 25th of November 2024. This is a 1.50% increase since the beginning of the trading day. The stock's lowest day price was 51.18. Chemung Financial has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Chemung Financial Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Banks | IPO Date 4th of January 1999 | Category Financial Services | Classification Financials |
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. The company has 4.76 M outstanding shares of which 13.76 K shares are currently shorted by private and institutional investors with about 1.16 trading days to cover. More on Chemung Financial Corp
Moving together with Chemung Stock
| 0.88 | AX | Axos Financial | PairCorr |
| 0.88 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.92 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.93 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
Moving against Chemung Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Fiscal Year End 23rd of January 2025
Chemung Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President | Anders Tomson | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsChemung Financial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Chemung Financial's financial leverage. It provides some insight into what part of Chemung Financial's total assets is financed by creditors.
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Chemung Financial Corp (CHMG) is traded on NASDAQ Exchange in USA. It is located in One Chemung Canal Plaza, Elmira, NY, United States, 14901 and employs 339 people. Chemung Financial is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 244.59 M. Chemung Financial Corp conducts business under Banks sector and is part of Financials industry. The entity has 4.76 M outstanding shares of which 13.76 K shares are currently shorted by private and institutional investors with about 1.16 trading days to cover.
Chemung Financial Corp currently holds about 42.42 M in cash with 30.88 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.04.
Check Chemung Financial Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Chemung Financial Corp is $244.59 Million. 30% of Chemung Financial Corp outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Chemung Ownership Details
Chemung Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Alliancebernstein L.p. | 2024-06-30 | 36.3 K | |
| Royce & Associates, Lp | 2024-09-30 | 31 K | |
| Northern Trust Corp | 2024-09-30 | 26.6 K | |
| Empowered Funds, Llc | 2024-06-30 | 20.2 K | |
| Forum Financial Management, Lp | 2024-06-30 | 18.9 K | |
| Lsv Asset Management | 2024-09-30 | 16.7 K | |
| Modern Wealth Management Llc | 2024-09-30 | 15.2 K | |
| Alesco Advisors Llc | 2024-09-30 | 13.2 K | |
| Citadel Advisors Llc | 2024-09-30 | 13.2 K | |
| Fourthstone Llc | 2024-06-30 | 446.4 K | |
| Chemung Canal Trust Co | 2024-09-30 | 336.1 K |
Chemung Financial Historical Income Statement
Chemung Stock Against Markets
Chemung Financial Corporate Management
| Kathleen McKillip | VP Secretary | Profile | |
| Loren Cole | Executive Officer | Profile | |
| CFA CFA | Ex Company | Profile | |
| Norman Ward | Chief SVP | Profile |
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. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chemung Financial. If investors know Chemung will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chemung Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Dividend Share 1.24 | Earnings Share 4.52 | Revenue Per Share 19.63 | Quarterly Revenue Growth (0.06) |
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.