Alerus Financial Corporation (ALRS)

Market Cap	472.70M
Revenue (ttm)	216.48M
Net Income (ttm)	41.80M
Shares Out	19.99M
EPS (ttm)	2.27
PE Ratio	10.33
Forward PE	n/a
Dividend	$0.68 (2.90%)
Ex-Dividend Date	Dec 22, 2022

Volume	3,160
Open	23.77
Previous Close	23.65
Day's Range	23.46 - 23.8
52-Week Range	20.2 - 33.22
Beta	0.70
Analysts	Buy
Price Target	25.50 (+8.7%)
Earnings Date	Oct 27, 2022

About ALRS

Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates in four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. 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...

• Industry: Diversified Financial Services
• IPO Date: Sep 13, 2019
• Employees: 779
• Stock Exchange: NASDAQ
• Ticker Symbol: ALRS

Full Company Profile

Financial Performance

In 2021, ALRS's revenue was $237.99 million, an increase of 7.05% compared to the previous year's $222.32 million. Earnings were $52.68 million, an increase of 17.92%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALRS stock is "Buy." The 12-month stock price forecast is 25.5, which is an increase of 8.70% from the latest price.

Price Target

$25.5

(8.70% upside)

Analyst Consensus: Buy

Stock Forecasts