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An announcement from Chemung Financial ( (CHMG) ) is now available.
At the Annual Meeting of Shareholders on June 3, 2025, Chemung Financial Corporation shareholders voted on four proposals. The election of directors resulted in the appointment of Ronald M. Bentley, David M. Buicko, Robert H. Dalrymple, and Jeffrey B. Streeter for three-year terms. Additionally, the shareholders approved the compensation for the Corporation’s Named Executive Officers, the 2025 Equity Incentive Plan, and ratified the appointment of Crowe LLP as the independent registered public accounting firm for the year ending December 31, 2025.
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
Average Trading Volume: 15,365
Technical Sentiment Signal: Buy
Current Market Cap: $222.7M
See more data about CHMG stock on TipRanks’ Stock Analysis page.