Is Chemung Financial Stock a Good Investment?
Chemung Financial Investment Advice | CHMG |
- Examine Chemung Financial's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Chemung Financial's leadership team and their track record. Good management can help Chemung Financial navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact Chemung Financial's business and its evolving consumer preferences.
- Compare Chemung Financial's performance and market position to its competitors. Analyze how Chemung Financial is positioned in terms of product offerings, innovation, and market share.
- Check if Chemung Financial pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Chemung Financial's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Chemung Financial Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Chemung Financial Corp is a good investment.
Sell | Buy |
Strong Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Chemung Financial Stock
Researching Chemung Financial's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 19.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.15. 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 September 2024. The entity had 2:1 split on the 3rd of June 1998.
To determine if Chemung Financial is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Chemung Financial's research are outlined below:
| About 19.0% of the company shares are held by company insiders |
Chemung Financial Quarterly Accounts Payable |
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Chemung Financial uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Chemung Financial Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Chemung Financial's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 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 |
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. Below are the table of largest EPS Surprises Chemung Financial's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-04-21 | 2016-03-31 | 0.5 | 0.45 | -0.05 | 10 | ||
2014-04-24 | 2014-03-31 | 0.4 | 0.45 | 0.05 | 12 | ||
2017-04-20 | 2017-03-31 | 0.55 | 0.62 | 0.07 | 12 | ||
2018-02-15 | 2017-12-31 | 0.77 | 0.69 | -0.08 | 10 | ||
2016-01-28 | 2015-12-31 | 0.52 | 0.44 | -0.08 | 15 | ||
2018-04-18 | 2018-03-31 | 0.83 | 0.92 | 0.09 | 10 | ||
2017-01-26 | 2016-12-31 | 0.53 | 0.62 | 0.09 | 16 | ||
2013-10-28 | 2013-09-30 | 0.59 | 0.5 | -0.09 | 15 |
Know Chemung Financial's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Chemung Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chemung Financial Corp backward and forwards among themselves. Chemung Financial's institutional investor refers to the entity that pools money to purchase Chemung Financial's securities or originate loans. 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 | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 32.6 K | Royce & Associates, Lp | 2024-06-30 | 31 K | Northern Trust Corp | 2024-06-30 | 28.5 K | Empowered Funds, Llc | 2024-06-30 | 20.2 K | Forum Financial Management, Lp | 2024-06-30 | 18.9 K | Lsv Asset Management | 2024-06-30 | 16.7 K | Alesco Advisors Llc | 2024-06-30 | 13.2 K | Wealth Enhancement Advisory Services, Llc | 2024-06-30 | 12 K | Bank Of New York Mellon Corp | 2024-06-30 | 11.6 K | Fourthstone Llc | 2024-06-30 | 446.4 K | Chemung Canal Trust Co | 2024-06-30 | 339.2 K |
Chemung Financial's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 229.62 M.Market Cap |
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Chemung Financial's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.04 | 0.03 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.13 | 0.11 |
Determining Chemung Financial's profitability involves analyzing its financial statements and using various financial metrics to determine if Chemung Financial is a good buy. For example, gross profit margin measures Chemung Financial's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Chemung Financial's profitability and make more informed investment decisions.
Please note, the presentation of Chemung Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Chemung Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Chemung Financial's management manipulating its earnings.
Evaluate Chemung Financial's 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 0.03. 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 Other Assets are projected to decrease to roughly 666 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 Reported | Projected for Next Year | ||
| Book Value Per Share | 41.26 | 43.32 | |
| Tangible Book Value Per Share | 36.65 | 38.48 | |
| Enterprise Value Over EBITDA | 7.61 | 7.99 | |
| Price Book Value Ratio | 1.21 | 1.32 | |
| Enterprise Value Multiple | 7.61 | 7.99 | |
| Price Fair Value | 1.21 | 1.32 | |
| Enterprise Value | 125.6 M | 74.3 M |
The analysis of Chemung Financial's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Chemung Financial's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Chemung Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0256 | Forward Dividend Yield 0.0256 | Forward Dividend Rate 1.24 | Beta 0.166 |
Basic technical analysis of Chemung Stock
As of the 24th of September, Chemung Financial shows the risk adjusted performance of 0.1178, and Mean Deviation of 1.13. 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 48.28 per share. Given that Chemung Financial has jensen alpha of 0.2134, 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's 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.
Chemung Financial's Outstanding Corporate 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.
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View |
Understand Chemung Financial's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Chemung Financial's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1178 | |||
| Market Risk Adjusted Performance | 0.9778 | |||
| Mean Deviation | 1.13 | |||
| Semi Deviation | 1.14 | |||
| Downside Deviation | 1.51 | |||
| Coefficient Of Variation | 717.09 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.2 | |||
| Information Ratio | 0.0752 | |||
| Jensen Alpha | 0.2134 | |||
| Total Risk Alpha | 0.0066 | |||
| Sortino Ratio | 0.0894 | |||
| Treynor Ratio | 0.9678 | |||
| Maximum Drawdown | 11.28 | |||
| Value At Risk | (2.49) | |||
| Potential Upside | 3.83 | |||
| Downside Variance | 2.27 | |||
| Semi Variance | 1.3 | |||
| Expected Short fall | (1.35) | |||
| Skewness | 0.8478 | |||
| Kurtosis | 2.97 |
| Risk Adjusted Performance | 0.1178 | |||
| Market Risk Adjusted Performance | 0.9778 | |||
| Mean Deviation | 1.13 | |||
| Semi Deviation | 1.14 | |||
| Downside Deviation | 1.51 | |||
| Coefficient Of Variation | 717.09 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.2 | |||
| Information Ratio | 0.0752 | |||
| Jensen Alpha | 0.2134 | |||
| Total Risk Alpha | 0.0066 | |||
| Sortino Ratio | 0.0894 | |||
| Treynor Ratio | 0.9678 | |||
| Maximum Drawdown | 11.28 | |||
| Value At Risk | (2.49) | |||
| Potential Upside | 3.83 | |||
| Downside Variance | 2.27 | |||
| Semi Variance | 1.3 | |||
| Expected Short fall | (1.35) | |||
| Skewness | 0.8478 | |||
| Kurtosis | 2.97 |
Consider Chemung Financial's intraday 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 | 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 |
10Q | 7th of August 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 18th of June 2024 An amendment to a previously filed Form 8-K | ViewVerify |
Chemung Stock media impact
Far too much social signal, news, headlines, and media speculation about Chemung Financial that are available to investors today. That information is available publicly through Chemung media outlets and privately through word of mouth or via Chemung internal channels. However, regardless of the origin, that massive amount of Chemung data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Chemung Financial news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Chemung Financial relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Chemung Financial's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Chemung Financial alpha.
Chemung Financial Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Chemung Financial can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Chemung Financial Corporate Management
| Kathleen McKillip | VP Secretary | Profile | |
| Loren Cole | Executive Officer | Profile | |
| CFA CFA | Ex Company | Profile | |
| Norman Ward | Chief SVP | Profile |
Additional Information and Resources on Investing in Chemung Stock
When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports: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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 (0.04) | Dividend Share 1.24 | Earnings Share 4.94 | Revenue Per Share 20.334 | Quarterly Revenue Growth 0.028 |
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.
In summary, please note that there is a difference between Chemung Financial's value and its price, as these two are different measures arrived at by various 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.