How to Buy Chemung Financial Stock
Chemung Financial Corp
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.
Chemung Financial stock last closed at $42.14, down 0.87% from the previous day, and has decreased 5.71% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.17 percentage points. Chemung Financial stock is currently +3.51% from its 52-week low of $40.71, and -24.39% from its 52-week high of $55.73.
There are currently 4.79M CHMG shares outstanding. The market capitalization of CHMG is $201.80M. In the last 24 hours, 5386 CHMG shares were traded.
How to Buy Chemung Financial Stock
Wondering how to invest in Chemung Financial stock? Here's how.
- Choose where to buy Chemung Financial stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Chemung Financial stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your info.
- Analyze Chemung Financial stock: The Chemung Financial ticker symbol is CHMG. Is Chemung Financial stock a good investment? Should you buy shares of CHMG? How do CHMG's underlying business fundamentals look? Do top analysts think Chemung Financial is a good buy? Why has CHMG's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if CHMG is a good stock to buy).
- Place your CHMG trade: Decide if you will purchase CHMG shares at the current market price or use a limit order to purchase CHMG shares at a specific price.
- Watch your CHMG investment: Create a watchlist to track your new investment in Chemung Financial stock.
Step 1: Choose where to buy Chemung Financial stock
You will need a brokerage account to access the NASDAQ market and buy CHMG shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal information so you can buy CHMG today.
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Step 3: Put funds into your brokerage account
Now that you have finished signing up on the best stock broker app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing money into your investment account.
Step 4: Analyze Chemung Financial stock
Once you have figured out the best place to buy Chemung Financial stock, it's absolutely critical to analyze their stock before you invest, so you can understand the risk and opportunity.
Chemung Financial stock data
Fundamentals of CHMG
WallStreetZen was built to help average investors do better fundamental analysis in less time.
You can view all of the due diligence checks on CHMG's stock page.
Is CHMG stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CHMG's true value.
Using relative valuations metrics:
- CHMG could be undervalued based on its P/E ratio of 8.5x, relative to Banks - Regional industry P/E ratio of 13.07x
- CHMG may be undervalued based on its P/B ratio of 0.94x, relative to Banks - Regional industry P/B ratio of 1.07x
- CHMG could be overvalued based on its PEG ratio of 1.27x
You can access more valuation analysis on CHMG's stock here.
CHMG Financial Health
Passed Financial Due Diligence Checks:
- CHMG earnings of $30.09M is not sufficient to cover its interest payments.
- CHMG's operating cash flow of $29.82M allows it to safely service it's debt of $118.52M.
Failed Financial Due Diligence Checks:
- CHMG profit margin has gone down from 26.1% to 24.3% in the past year.
- CHMG has a relatively high debt to equity ratio of 11.89.
- Total CHMG debt is higher than 5 years ago, relative to shareholder equity.
Is CHMG stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who give forecasts on CHMG, the consensus analyst rating on CHMG is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Chemung Financial stock forecast page.
CHMG Technicals
CHMG Growth Metrics
Last year, CHMG earnings were $23.67M. Over the past five year, CHMG's earnings have increased by 9.09% per year. This was slower than the Banks - Regional industry average of 17.78%.
Last year, CHMG revenue was $97.34M. During the last five year, CHMG's revenue has gone up by 5.43% per year. This was slower than the Banks - Regional industry average of 10.1%.
Dig into CHMG's earnings and revenue performance here.
What are CHMG executives and large shareholders up to?
Over the past year, insiders at CHMG have bought more shares than they have sold.
Anders Tomson, President CEO of CHMG, was the latest CHMG insider to buy. They bought $230,043.31 worth of CHMG stock on Feb 19, 2025.
Dig into more about who owns CHMG shares here.
Does CHMG stock generate passive income?
Chemung Financial pays a dividend of 2.23%, compared to the Banks - Regional industry's average dividend yield of 3.08%. If you owned $1,000 of CHMG stock, you would have received $22.31 last year.
Chemung Financial dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Chemung Financial dividend yield and history here.
CHMG Social Trading Data
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Step 5: Place your CHMG trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, place a limit order.
Click the Open Trade button and your broker will place the order.
If you require additional assistance buying stocks on eToro, watch the how to video below:
Step 6: Watch your CHMG investment
Now that you own some CHMG shares, you'll want to stay up-to-date on your new shares.
Add CHMG to a watchlist to get notified of important updates regarding your CHMG stock.
CHMG Feed
How to Buy Stock in Chemung Financial
To reiterate, here are the 6 steps for buying Chemung Financial stock:
- Choose where to buy Chemung Financial stock
- Create your brokerage account
- Put funds into your brokerage account
- Analyze Chemung Financial stock
- Place your CHMG trade
- Watch your CHMG investment
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Get Started with eToro TodayIf you want to keep tabs on your investment in Chemung Financial, create your watchlist below.
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