Alerus Financial Corporation (ALRS)

Market Cap	417.60M
Revenue (ttm)	166.01M
Net Income (ttm)	11.70M
Shares Out	19.89M
EPS (ttm)	0.58
PE Ratio	36.21
Forward PE	13.43
Dividend	$0.76 (3.62%)
Ex-Dividend Date	Mar 14, 2024

Volume	29,482
Open	21.26
Previous Close	20.98
Day's Range	20.73 - 21.33
52-Week Range	13.11 - 25.85
Beta	0.64
Analysts	Hold
Price Target	21.33 (+1.57%)
Earnings Date	Apr 24, 2024

About ALRS

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, incl...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Sep 13, 2019
• Employees: 709
• Stock Exchange: NASDAQ
• Ticker Symbol: ALRS

Financial Performance

In 2023, ALRS's revenue was $166.01 million, a decrease of -21.30% compared to the previous year's $210.95 million. Earnings were $11.70 million, a decrease of -70.76%.

Analyst Forecast

According to 3 analysts, the average rating for ALRS stock is "Hold." The 12-month stock price forecast is $21.33, which is an increase of 1.57% from the latest price.

Price Target

$21.33

(1.57% upside)

Analyst Consensus: Hold