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Alerus Financial Corporation ALRS

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Price alert · ALRS

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33.17 USD +0.14 +0.42%

At close · Oct 30

33.17 0.00 0.00%

After hours · Oct 30, 4:00 PM ET

Bid
33.15 × 2
Ask
33.21 × 2
32.92 Day range 33.54
20.93 52-week range 34.12
YTD
+47.29%
1 year
+56.39%
Open
33.11
Prev close
33.03
Mkt cap
820.77M
Vol
180.34K
Avg vol
160.88K
EPS
1.19
P/E
27.87
Div yield
4.00%
More statistics
Low
32.92
High
33.54
Forward P/E
9.25
Beta
0.69
Short ratio
2.31
Inst. own
39.86%
Dividend
0.80
Ex-div date
Dec 26, 2024
Earnings
Jan 22, 2025
50-d avg
22.13
200-d avg
21.10
1y target
23.60

2Y chart

Chart tools
Interval

Events in this range
  • Oct 31, 2024Rating: Piper Sandler · Neutral → Neutral
  • Dec 4, 2024Rating: Keefe, Bruyette & Woods · Market Perform → Market Perform
  • Dec 27, 2024Dividend: 0.2
  • Jan 22, 2025Earnings: —; estimate 0.08; surprise —%
  • Mar 14, 2025Dividend: 0.2
  • Jun 27, 2025Dividend: 0.21
  • Sep 26, 2025Dividend: 0.21
  • Dec 26, 2025Dividend: 0.21
  • Mar 27, 2026Dividend: 0.21
  • Jun 26, 2026Dividend: 0.22
  • Sep 25, 2026Dividend: 0.22
Signals (85)
NameDateAgo
SMA: BullishOct 29, 20263 days ago
SMA: BearishOct 27, 20265 days ago
SMA: BullishOct 26, 20266 days ago
MACD: Buy SignalOct 21, 20261 week ago
MACD: Sell SignalOct 8, 20263 weeks ago
MACD: Buy SignalOct 6, 20263 weeks ago
SMA: BearishSep 17, 20261 month ago
MACD: Sell SignalAug 7, 20262 months ago
RSI: OverboughtAug 3, 20263 months ago
RSI: OverboughtJul 30, 20263 months ago
RSI: OverboughtJul 28, 20263 months ago
MACD: Buy SignalJul 24, 20263 months ago
MACD: Sell SignalJul 23, 20263 months ago
MACD: Buy SignalJul 16, 20263 months ago
RSI: OverboughtJul 16, 20263 months ago
MACD: Sell SignalJul 7, 20263 months ago
MACD: Buy SignalJun 25, 20264 months ago
RSI: OverboughtJun 24, 20264 months ago
MACD: Sell SignalJun 18, 20264 months ago
RSI: OverboughtJun 10, 20264 months ago
MACD: Buy SignalJun 9, 20264 months ago
MACD: Sell SignalJun 3, 20265 months ago
RSI: OverboughtJun 2, 20265 months ago
RSI: OverboughtMay 26, 20265 months ago
MACD: Buy SignalMay 20, 20265 months ago
RSI: OverboughtMay 20, 20265 months ago
MACD: Sell SignalMay 13, 20265 months ago
RSI: OverboughtApr 30, 20266 months ago
SMA: BullishApr 8, 20266 months ago
MACD: Buy SignalMar 24, 20267 months ago
SMA: BearishMar 6, 20267 months ago
SMA: BullishMar 2, 20268 months ago
SMA: BearishFeb 27, 20268 months ago
MACD: Sell SignalFeb 12, 20268 months ago
RSI: OverboughtFeb 4, 20268 months ago
MACD: Buy SignalJan 30, 20269 months ago
MACD: Sell SignalJan 26, 20269 months ago
MACD: Buy SignalJan 6, 20269 months ago
SMA: BullishDec 30, 202510 months ago
SMA: BearishDec 26, 202510 months ago
MACD: Sell SignalDec 22, 202510 months ago
RSI: OverboughtDec 10, 202510 months ago
SMA: BullishDec 1, 202511 months ago
SMA: BearishNov 28, 202511 months ago
SMA: BullishNov 25, 202511 months ago
SMA: BearishNov 24, 202511 months ago
SMA: BullishNov 21, 202511 months ago
MACD: Buy SignalNov 5, 202512 months ago
MACD: Sell SignalOct 31, 20251 year ago
MACD: Buy SignalOct 24, 20251 year ago
RSI: OversoldOct 10, 20251 year ago
SMA: BearishOct 1, 20251 year ago
SMA: BullishSep 30, 20251 year ago
SMA: BearishSep 29, 20251 year ago
MACD: Sell SignalSep 25, 20251 year ago
MACD: Buy SignalSep 18, 20251 year ago
MACD: Sell SignalSep 16, 20251 year ago
SMA: BullishAug 22, 20251 year ago
SMA: BearishAug 15, 20251 year ago
SMA: BullishAug 13, 20251 year ago
MACD: Buy SignalAug 13, 20251 year ago
SMA: BearishJul 30, 20251 year ago
SMA: BullishJul 28, 20251 year ago
SMA: BearishJul 24, 20251 year ago
MACD: Sell SignalJul 15, 20251 year ago
MACD: Buy SignalJun 25, 20251 year ago
MACD: Sell SignalMay 21, 20251 year ago
RSI: OverboughtMay 2, 20251 year ago
SMA: BullishApr 29, 20251 year ago
RSI: OverboughtApr 29, 20251 year ago
MACD: Buy SignalApr 17, 20251 year ago
RSI: OversoldApr 10, 20251 year ago
MACD: Sell SignalApr 3, 20251 year ago
RSI: OversoldApr 3, 20251 year ago
MACD: Buy SignalMar 24, 20251 year ago
RSI: OversoldMar 10, 20251 year ago
SMA: BearishMar 3, 20251 year ago
SMA: BullishFeb 28, 20251 year ago
MACD: Sell SignalFeb 19, 20251 year ago
RSI: OverboughtFeb 6, 20251 year ago
SMA: BullishJan 29, 20251 year ago
MACD: Buy SignalJan 15, 20251 year ago
RSI: OversoldJan 10, 20251 year ago
RSI: OversoldJan 7, 20251 year ago
RSI: OversoldDec 27, 20241 year ago

Key statistics

Market cap
499.16M
Enterprise value
752.37M
Trailing P/E
115.88
Forward P/E
9.25
PEG ratio
0.00
Price / sales
3.03
Price / book
1.01
EPS (TTM)
0.17
Beta
0.69
Dividend yield
4.00%
Payout ratio
458.82%
Profit margin
1.88%
Revenue (TTM)
164.50M
Revenue growth
0.90%
Free cash flow
0
Total cash
80.86M
Total debt
326.71M
Return on equity
0.84%
Shares outstanding
25.34M
Short % of float
0.81%
50-day average
22.13
200-day average
21.10

Analyst view

Consensus: buy

Buy
Price target (mean) 23.60 -28.9% downside
Target (low)
23.00
Target (mean)
23.60
Target (high)
25.00
Ratings (0m) 5 2 buy · 3 hold · 0 sell
  • Strong buy1
  • Buy1
  • Hold3
  • Sell0
  • Strong sell0

Next earnings

Jan 22, 2025

Expected Jan 22, 2025. Consensus EPS estimate 0.284.

Earnings history

Financials — quick view

All financials
ALRS Revenue — quarterly 80.16M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
ALRS Net income — quarterly 20.86M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
ALRS EPS — quarterly 0.82
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

ALRS recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Jan 22, 2025Dec 1, 20240.08———
Oct 29, 2024Sep 1, 20240.440.26-0.18-40.91%
Jul 24, 2024Jun 1, 20240.370.31-0.06-16.22%
Jul 24, 2024Jun 1, 20240.37———
Apr 24, 2024Mar 1, 20240.31———
Apr 24, 2024Mar 1, 20240.310.32+0.01+3.23%

Upgrades / downgrades

ALRS analyst upgrades and downgrades
DateFirmActionFromTo
Dec 4, 2024Keefe, Bruyette & WoodsmainMarket PerformMarket Perform
Oct 31, 2024Piper SandlermainNeutralNeutral
Sep 17, 2024Raymond JamesupMarket PerformOutperform
Aug 1, 2024DA DavidsonmainNeutralNeutral
Jul 29, 2024Keefe, Bruyette & WoodsmainMarket PerformMarket Perform
Jul 29, 2024Piper SandlermainNeutralNeutral

About Alerus Financial Corporation

Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that engages in the provision of various financial services to businesses and consumers. The company operates in four segments: Banking, Mortgage, Retirement and Benefit Services, and Wealth Management. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services in North Dakota, Minnesota, and Arizona; and retirement and benefit plans through offices located in Michigan, Minnesota, and Colorado. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is headquartered in Grand Forks, North Dakota.

Sector
Financial Services
Industry
Banks - Regional
Country
United States
Website
alerus.com

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Insider holders

ALRS insider holders
InsiderRelationLatest transactionDateShares held
BOLTON JEFFREYDirectorStock Award(Grant)Oct 9, 20249,038
COUGHLIN DANIEL E.DirectorStock Award(Grant)May 20, 202444,957
ESTEP JANET ODirectorStock Award(Grant)May 20, 202410,715
KOOB KARIOfficerStock Award(Grant)Jun 30, 20241,476
LORENSON KATIE A.Chief Executive OfficerPurchaseOct 31, 202446,415
NEWMAN RANDY L.DirectorStock Award(Grant)May 20, 2024804,230

Institution ownership

ALRS institution ownership
Holder% heldSharesValueReported
Alerus Financial NA15.07%2,124,72341.86MSep 29, 2024
Blackrock Inc.11.97%1,687,11833.24MSep 29, 2024
Vanguard Group Inc6.73%948,71318.69MSep 29, 2024
Banc Funds Company, L.L.C. (The)3.86%543,58610.71MSep 29, 2024
Geode Capital Management, LLC2.95%416,0728.20MSep 29, 2024
Ameriprise Financial, Inc.2.59%365,2157.19MSep 29, 2024

Fund ownership

ALRS fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund3.82%537,98510.60MSep 29, 2024
iShares Russell 2000 ETF3.59%505,7119.96MOct 30, 2024
Vanguard Extended Market Index Fund2.02%284,0285.60MSep 29, 2024
Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I1.67%235,5464.64MJul 30, 2024
iShares Russell 2000 Value ETF1.42%200,7963.96MOct 30, 2024
Fidelity Small Cap Index Fund1.30%182,8673.60MAug 30, 2024
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