Chemung Financial Declares Quarterly Cash Dividend

The latest announcement is out from Chemung Financial ( (CHMG) ).

On May 22, 2025, Chemung Financial Corporation announced a quarterly cash dividend of $0.32 per share, payable on July 1, 2025, to shareholders of record as of June 17, 2025. This decision reflects the company’s ongoing commitment to providing value to its shareholders and may positively impact its market positioning by reinforcing investor confidence.

The most recent analyst rating on (CHMG) stock is a Hold with a $57.00 price target. To see the full list of analyst forecasts on Chemung Financial stock, see the CHMG Stock Forecast page.

Spark’s Take on CHMG Stock

According to Spark, TipRanks’ AI Analyst, CHMG is a Neutral.

Chemung Financial exhibits strong financial performance with consistent growth and solid balance sheet metrics, earning a high score in financial health. However, technical analysis indicates bearish momentum, which weighs down the overall score. The company’s valuation appears attractive, with a low P/E ratio and decent dividend yield, which bolsters its appeal. Furthermore, positive corporate events highlight strategic growth initiatives, enhancing future potential. Overall, while there are strengths in financial performance and valuation, technical indicators suggest caution.

To see Spark’s full report on CHMG stock, click here.

More about Chemung Financial

Chemung Financial Corporation is a $2.8 billion financial services holding company headquartered in Elmira, New York. It operates 30 offices through its principal subsidiary, Chemung Canal Trust Company, a full-service community bank with full trust powers. Established in 1833, it is the oldest locally-owned and managed community bank in New York State. Chemung Financial Corporation is also the parent of CFS Group, Inc., offering non-traditional financial services such as mutual funds, annuities, brokerage services, tax preparation services, and insurance.

Average Trading Volume: 15,828

Technical Sentiment Signal: Buy

Current Market Cap: $231.8M

For detailed information about CHMG stock, go to TipRanks’ Stock Analysis page.