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Chemung Financial - CHMG Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $58.50
  • Forecasted Upside: 16.67%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$50.14 As of 12/26/2024 06:22 PM ET
▲ +0.36 (0.72%)

This chart shows the closing price for CHMG by one month, three months, or twelve months.

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Analyst Price Target for CHMG

Analyst Price Target is $58.50
▲ +16.67% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Chemung Financial in the last 3 months. The average price target is $58.50, with a high forecast of $60.00 and a low forecast of $57.00. The average price target represents a 16.67% upside from the last price of $50.14.

This chart shows the closing price for CHMG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 polled investment analysts is to hold stock in Chemung Financial.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/5/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/3/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/1/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/26/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2024

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/20/2024Piper SandlerInitiated CoverageNeutral$57.00
12/4/2024Keefe, Bruyette & WoodsBoost TargetMarket Perform ➝ Market Perform$54.00 ➝ $60.00
4/22/2024Keefe, Bruyette & WoodsLower TargetMarket Perform ➝ Market Perform$51.00 ➝ $49.00
4/6/2023Keefe, Bruyette & WoodsLower TargetMarket Perform$52.00 ➝ $49.00
1/31/2023Keefe, Bruyette & WoodsBoost TargetMarket Perform$50.00 ➝ $52.00
10/22/2020DA DavidsonDowngradeBuy ➝ Neutral$32.00 ➝ $37.00
9/14/2020DA DavidsonReiterated RatingBuy
3/9/2020DA DavidsonUpgradeNeutral ➝ Buy$44.00 ➝ $37.00
(Data available from 12/26/2019 forward)

News Sentiment Rating

0.20 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/30/2024
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/29/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/29/2024
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2024
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2024
  • 1 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2024
  • 4 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2024
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2024

Current Sentiment

  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Chemung Financial logo
Chemung Financial Corporation operates as a bank 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 and residential mortgage loans; and consumer loans, including home equity lines of credit and home equity term loans. In addition, the company provides interest rate swaps, letters of credit, employee benefit plans, insurance products, mutual fund, brokerage, and tax preparation services. Further, it offers guardian, custodian, trustee, investment, pension, estate planning, and employee benefit administrative services, as well as acts as an agent for pension, profit-sharing, and other employee benefit trusts. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.
Read More

Today's Range

Now: $50.14
Low: $49.55
High: $50.37

50 Day Range

MA: $50.76
Low: $46.79
High: $55.10

52 Week Range

Now: $50.14
Low: $39.00
High: $55.73

Volume

5,172 shs

Average Volume

10,781 shs

Market Capitalization

$238.62 million

P/E Ratio

11.09

Dividend Yield

2.48%

Beta

0.17

Frequently Asked Questions

What sell-side analysts currently cover shares of Chemung Financial?

The following Wall Street sell-side analysts have issued research reports on Chemung Financial in the last twelve months: Keefe, Bruyette & Woods, Piper Sandler, and StockNews.com.
View the latest analyst ratings for CHMG.

What is the current price target for Chemung Financial?

0 Wall Street analysts have set twelve-month price targets for Chemung Financial in the last year. Their average twelve-month price target is $58.50, suggesting a possible upside of 16.7%. Keefe, Bruyette & Woods has the highest price target set, predicting CHMG will reach $60.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $57.00 for Chemung Financial in the next year.
View the latest price targets for CHMG.

What is the current consensus analyst rating for Chemung Financial?

Chemung Financial currently has 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CHMG, but not buy more shares or sell existing shares.
View the latest ratings for CHMG.

What other companies compete with Chemung Financial?

Other companies that are similar to Chemung Financial include Premier Financial, First Mid Bancshares, ConnectOne Bancorp, Guild and Trinity Capital. Learn More about companies similar to Chemung Financial.

How do I contact Chemung Financial's investor relations team?

Chemung Financial's physical mailing address is ONE CHEMUNG CANAL PLZ P O BOX 1522, ELMIRA NY, 14901. The bank's listed phone number is (607) 737-3711 and its investor relations email address is [email protected]. The official website for Chemung Financial is www.chemungcanal.com. Learn More about contacing Chemung Financial investor relations.