Chemung Financial Corp

Company Profile

Chemung Financial Corp had its IPO on 1999-01-04 under the ticker symbol CHMG.

The company operates in the Financial Services sector and Banks-Regional industry. Chemung Financial Corp has a staff strength of 340 employees.

Stock update

Shares of Chemung Financial Corp opened at $39.89 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $39.77 - $40.5, and closed at $39.89.

This is a -0.08% slip from the previous day's closing price.

A total volume of 5,831 shares were traded at the close of the day’s session.

In the last one week, shares of Chemung Financial Corp have slipped by -0.18%.

Chemung Financial Corp's Key Ratios

Chemung Financial Corp has a market cap of $176.64 million, indicating a price to book ratio of 1.3386 and a price to sales ratio of 2.2348.

In the last 12-months Chemung Financial Corp’s revenue was $97.78 million with a gross profit of $96.17 million and an EBITDA of $0. The EBITDA ratio measures Chemung Financial Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Chemung Financial Corp’s operating margin was 39.83% while its return on assets stood at 1.14% with a return of equity of 16.09%.

In Q1, Chemung Financial Corp’s quarterly earnings growth was a positive 5.5% while revenue growth was a positive 6.8%.

Chemung Financial Corp’s PE and PEG Ratio

Forward PE

6.9735

Trailing PE

5.6818

PEG

0

Its diluted EPS in the last 12-months stands at $6.6 per share while it has a forward price to earnings multiple of 6.9735 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Chemung Financial Corp’s profitability.

Chemung Financial Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 2.2348.

Chemung Financial Corp stock pays annual dividends of $1.24 per share, indicating a yield of 3.47% and a payout ratio of 20%.

Balance sheet and cash flow metrics

Total Assets

$2.65 billion

Total Liabilities

$44.66 million

Operating Cash Flow

$-29923000.00

Capital Expenditure

$287000

Dividend Payout Ratio

20%

Chemung Financial Corp ended 2024 with $2.65 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.65 billion while shareholder equity stood at $177.34 million.

Chemung Financial Corp ended 2024 with $0 in deferred long-term liabilities, $44.66 million in other current liabilities, 53000.00 in common stock, $216.59 million in retained earnings and $21.82 million in goodwill. Its cash balance stood at $34.64 million and cash and short-term investments were $28.06 million. The company’s total short-term debt was $0 while long-term debt stood at $93.33 million.

Chemung Financial Corp’s total current assets stands at $111.18 million while long-term investments were $630.94 million and short-term investments were $626.06 million. Its net receivables were $83.13 million compared to accounts payable of $44.66 million and inventory worth $0.

In 2024, Chemung Financial Corp's operating cash flow was $-29923000.00 while its capital expenditure stood at $287000.

Comparatively, Chemung Financial Corp paid $0.20 in dividends in 2024.

Other key metrics

Current Trading Price

$39.89

52-Week High

$53.065

52-Week Low

$33.72

Analyst Target Price

$46

Chemung Financial Corp stock is currently trading at $39.89 per share. It touched a 52-week high of $53.065 and a 52-week low of $53.065. Analysts tracking the stock have a 12-month average target price of $46.

Its 50-day moving average was $40.27 and 200-day moving average was $42.3 The short ratio stood at 0.7 indicating a short percent outstanding of 0%.

Around 1877.3% of the company’s stock are held by insiders while 3582.4% are held by institutions.