Chemung Financial (NASDAQ: CHMG) is one of 261 public companies in the “State commercial banks” industry, but how does it compare to its rivals? We will compare Chemung Financial to related businesses based on the strength of its dividends, analyst recommendations, profitability, risk, earnings, valuation and institutional ownership.

Insider and Institutional Ownership

33.4% of Chemung Financial shares are owned by institutional investors. Comparatively, 46.5% of shares of all “State commercial banks” companies are owned by institutional investors. 20.6% of Chemung Financial shares are owned by insiders. Comparatively, 12.1% of shares of all “State commercial banks” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Risk & Volatility

Chemung Financial has a beta of -0.06, suggesting that its stock price is 106% less volatile than the S&P 500. Comparatively, Chemung Financial’s rivals have a beta of 0.64, suggesting that their average stock price is 36% less volatile than the S&P 500.

Dividends

Chemung Financial pays an annual dividend of $1.04 per share and has a dividend yield of 2.5%. Chemung Financial pays out 46.2% of its earnings in the form of a dividend. As a group, “State commercial banks” companies pay a dividend yield of 2.2% and pay out 35.9% of their earnings in the form of a dividend.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Chemung Financial and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Chemung Financial 0 1 1 0 2.50
Chemung Financial Competitors 1544 5840 4795 275 2.31

Chemung Financial presently has a consensus price target of $49.00, indicating a potential upside of 18.21%. As a group, “State commercial banks” companies have a potential upside of 21.14%. Given Chemung Financial’s rivals higher probable upside, analysts clearly believe Chemung Financial has less favorable growth aspects than its rivals.

Profitability

This table compares Chemung Financial and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Chemung Financial 13.51% 8.58% 0.76%
Chemung Financial Competitors 20.09% 8.76% 0.88%

Valuation & Earnings

This table compares Chemung Financial and its rivals revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Chemung Financial $80.55 million $7.43 million 18.42
Chemung Financial Competitors $1.48 billion $241.30 million 17.53

Chemung Financial’s rivals have higher revenue and earnings than Chemung Financial. Chemung Financial is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Summary

Chemung Financial rivals beat Chemung Financial on 10 of the 15 factors compared.

About Chemung Financial

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. It offers demand, savings, and time deposits; non-interest and interest-bearing checking accounts; and insured money market accounts. The company also provides commercial and agricultural loans primarily consisting of loans to small to mid-sized businesses; commercial mortgage loans; residential mortgage loans; and consumer loans, including home equity lines of credit and home equity loans, as well as letters of credit. In addition, it offers wealth management services comprising services as executor and trustee under wills and agreements; 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. Further, the company provides mutual funds, securities and insurance brokerage, tax preparation, interest rate swaps, and other services. It operates through 34 branch offices located in 12 counties in New York and Bradford County in Pennsylvania. Chemung Financial Corporation was founded in 1833 and is headquartered in Elmira, New York.

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