Alerus Financial/ALRS

$20.25

1.76%
-
1D1W1MYTD1YMAX

About Alerus Financial

Alerus Financial Corporation is a diversified financial services company. Through its subsidiary, Alerus Financial, National Association (the Bank), the Company provides financial solutions to businesses and consumers. The Company's segments include Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. The Banking segment offers a complete line of loan, deposit, cash management, and treasury services. The Retirement and Benefit Services segment provides various services, including recordkeeping and administration services to qualified retirement plans; ESOP trustee, recordkeeping, and administration; and investment fiduciary services to retirement plans, among others. The Wealth Management segment provides advisory and planning services, investment management, and trust and fiduciary services. The Mortgage segment offers first and second mortgage loans through a centralized mortgage unit in Minneapolis, Minnesota, as well as through the banking office locations.

Ticker

ALRS

Sector

Financials

Trading on

NASDAQ

Industry

Money Center Banks

CEO

Katie Lorenson

Employees

709

Headquarters

Grand forks, United States

Alerus Financial Metrics

BasicAdvanced
$396.13M
Market cap
35.34
P/E ratio
$0.56
EPS
0.65
Beta
$0.75
Dividend rate
3.82%
Dividend yield
$396.13M
0.65277
$25.85
$13.11
39.5K
$0.75
15.972
46.901
127.9%
0.3%
3.22%
35.343
2.357
1.065
1.307
36.054
2.37%
3.77%
3.82%
42.66%
-73.21%
19.71%
-38.67%
7.72%

What the Analysts think about Alerus Financial

Analyst Ratings

Majority rating from 5 analysts.
Hold

Price Targets

Average projection from 4 analysts.
12.35% upside
High $24.00
Low $22.00
$20.25
Current price
$22.75
Average price target

Alerus Financial Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-32.45% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$45.3M
-35.65%
Net income
$-14.7M
-261.54%
Profit margin
-32.45%
-351.16%

Alerus Financial Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 71.33%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.40
$0.45
$0.45
$0.49
-
Expected
$0.37
$0.35
$0.36
$0.29
$0.32
Surprise
7.7%
26.83%
26.55%
71.33%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Alerus Financial stock?

Alerus Financial (ALRS) has a market cap of $396.13M as of April 19, 2024.

What is the P/E ratio for Alerus Financial stock?

The price to earnings (P/E) ratio for Alerus Financial (ALRS) stock is 35.34 as of April 19, 2024.

Does Alerus Financial stock pay dividends?

Yes, the Alerus Financial (ALRS) stock pays dividends to shareholders. As of April 19, 2024, the dividend rate is $0.75 and the yield is 3.82%. Alerus Financial has a payout ratio of 127.9% on a trailing twelve-month basis.

When is the next Alerus Financial dividend payment date?

The next Alerus Financial (ALRS) dividend payment date is unconfirmed.

What is the beta indicator for Alerus Financial?

Alerus Financial (ALRS) has a beta rating of 0.65. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Alerus Financial stock price target?

The target price for Alerus Financial (ALRS) stock is $22.75, which is 12.35% above the current price of $20.25. This is an average based on projections from 4 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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