Chemung Financial Corp (CHMG) Receives Daily Media Impact Score of 0.07
News articles about Chemung Financial Corp (NASDAQ:CHMG) have been trending somewhat positive recently, Accern reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Chemung Financial Corp earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.3419757260172 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Chemung Financial Corp (NASDAQ CHMG) opened at 40.29 on Thursday. The stock has a market cap of $190.85 million, a PE ratio of 16.56 and a beta of 0.18. The firm has a 50-day moving average of $40.31 and a 200-day moving average of $39.07. Chemung Financial Corp has a 1-year low of $27.45 and a 1-year high of $41.74.
Chemung Financial Corp (NASDAQ:CHMG) last released its quarterly earnings data on Friday, July 21st. The bank reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.03. The firm had revenue of $18.97 million for the quarter. Chemung Financial Corp had a net margin of 15.01% and a return on equity of 7.90%. Analysts expect that Chemung Financial Corp will post $2.83 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Monday, September 18th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 2.58%. The ex-dividend date of this dividend is Friday, September 15th. Chemung Financial Corp’s payout ratio is currently 42.62%.
Chemung Financial Corp Company Profile
Chemung Financial Corporation is a bank holding company. The Company, through its subsidiaries, Chemung Canal Trust Company (the Bank) and CFS Group, Inc (CFS), provides a range of banking, financing, fiduciary and other financial services to its clients. The Company manages its operations through two segments: core banking and Wealth Management Group (WMG).
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