Chemung Financial Corp
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- Market Cap.:
- $207.52 million
- Book Value:
- Revenue TTM:
- $96.17 million
- Operating Margin TTM:
- Gross Profit TTM:
- $96.17 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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 0 employees.
Shares of Chemung Financial Corp opened at $45.7 at the start of the last trading session i.e. 2023-03-19.
The stocks traded within a range of $44.05 - $46, and closed at $44.05.
This is a -2.26% slip from the previous day's closing price.
A total volume of 11,100 shares were traded at the close of the day’s session.
In the last one week, shares of Chemung Financial Corp have slipped by -8.91%.
Chemung Financial Corp's Key Ratios
Chemung Financial Corp has a market cap of $207.52 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 $96.17 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 39.78% while its return on assets stood at 1.14% with a return of equity of 15.24%.
In Q4, Chemung Financial Corp’s quarterly earnings growth was a positive 15% while revenue growth was a positive 11.5%.
Chemung Financial Corp’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $6.13 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 2.84% and a payout ratio of 20.26%.
Balance sheet and cash flow metrics
- Total Assets
- $2.65 billion
- Total Liabilities
- Operating Cash Flow
- Capital Expenditure
- Dividend Payout Ratio
Chemung Financial Corp ended 2023 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 $166.39 million.
Chemung Financial Corp ended 2023 with $0 in deferred long-term liabilities, $0 in other current liabilities, 53000.00 in common stock, $211.86 million in retained earnings and $21.82 million in goodwill. Its cash balance stood at $55.87 million and cash and short-term investments were $688.46 million. The company’s total short-term debt was $0 while long-term debt stood at $99.14 million.
Chemung Financial Corp’s total current assets stands at $0 while long-term investments were $637.84 million and short-term investments were $632.59 million. Its net receivables were $89.47 million compared to accounts payable of $46.18 million and inventory worth $0.
In 2023, Chemung Financial Corp's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Chemung Financial Corp paid $0.20 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Chemung Financial Corp stock is currently trading at $44.05 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 $53.33.
Its 50-day moving average was $48.84 and 200-day moving average was $45.14 The short ratio stood at 0.9 indicating a short percent outstanding of 0%.
Around 1897.3% of the company’s stock are held by insiders while 3596.7% are held by institutions.
Frequently Asked Questions About Chemung Financial Corp
Similar Industry Stocks (Banks-Regional)
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. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.