Chemung Financial (NASDAQ:CHMG – Get Free Report) is expected to issue its Q3 2026 results after the market closes on Tuesday, October 20th. Analysts expect the company to post earnings of $1.94 per share and revenue of $31.87 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 4:00 PM ET.
Chemung Financial (NASDAQ:CHMG – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The bank reported $1.82 EPS for the quarter, topping the consensus estimate of $1.77 by $0.05. The company had revenue of $31.17 million during the quarter, compared to analyst estimates of $30.52 million. Chemung Financial had a net margin of 20.68% and a return on equity of 12.98%. On average, analysts expect Chemung Financial to post $7.54 EPS for the current fiscal year and $8.10 EPS for the next fiscal year.
Chemung Financial Trading Up 1.1%
CHMG opened at $80.51 on Friday. The stock has a market cap of $388.06 million, a price-to-earnings ratio of 11.57 and a beta of 0.58. The stock’s 50 day moving average price is $82.32 and its 200-day moving average price is $74.26. Chemung Financial has a one year low of $49.98 and a one year high of $86.00. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.03 and a current ratio of 1.04.
Chemung Financial Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 17th were given a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 1.8%. This is a boost from Chemung Financial’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, September 17th. Chemung Financial’s dividend payout ratio is 20.69%.
Insiders Place Their Bets
In other news, EVP Loren Cole sold 5,160 shares of the business’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $83.50, for a total transaction of $430,860.00. Following the sale, the executive vice president owned 5,164 shares in the company, valued at approximately $431,194. The trade was a 49.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 12.69% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on CHMG. Keefe, Bruyette & Woods lifted their price objective on Chemung Financial from $77.00 to $81.00 and gave the company a “market perform” rating in a report on Tuesday, July 28th. Zacks Research cut shares of Chemung Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, September 21st. Raymond James Financial assumed coverage on shares of Chemung Financial in a report on Tuesday, September 1st. They set an “outperform” rating and a $87.00 target price on the stock. DA Davidson began coverage on shares of Chemung Financial in a research report on Monday, September 28th. They set a “buy” rating and a $95.00 target price on the stock. Finally, Wall Street Zen downgraded shares of Chemung Financial from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $87.75.
View Our Latest Stock Report on Chemung Financial
Chemung Financial Company Profile
Chemung Financial Corporation is a bank holding company headquartered in Elmira, New York. Its principal subsidiary, Chemung Canal Trust Company, provides community banking and financial services to individuals, businesses, municipalities and nonprofit organizations.
The company’s banking activities include deposit accounts, residential and commercial real estate lending, consumer loans, business loans, mortgages, cash-management services, online and mobile banking, and other treasury-management solutions.
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