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Alerus Financial Corporation (ALRS)

Stock Price: $21.79 USD -0.18 (-0.82%)
Updated Oct 28, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 373.09M
Revenue (ttm) 191.33M
Net Income (ttm) 31.59M
Shares Out 17.12M
EPS (ttm) 1.83
PE Ratio 11.91
Forward PE n/a
Dividend $0.60
Dividend Yield 2.75%

Stock Quote

Trading Day Oct 28, 2020
Last Price $21.79
Previous Close $21.97
Change ($) -0.18
Change (%) -0.82%
Day's Open 21.26
Day's Range 20.89 - 21.97
Day's Volume 16,057
52-Week Range 15.05 - 23.58

More Stats

Market Cap 373.09M
Enterprise Value 230.66M
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date Sep 17, 2020
Shares Outstanding 17.12M
Float 13.75M
EPS (basic) 1.89
EPS (diluted) 1.83
FCF / Share n/a
Dividend $0.60
Dividend Yield 2.75%
Earnings Yield 8.40%
FCF Yield n/a
Payout Ratio 31.20%
Shares Short 237,643
Short Ratio 5.83
Short % of Float 1.73%
Beta 0.74
PE Ratio 11.91
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 1.95
PB Ratio 1.25
Revenue 191.33M
Operating Income 41.11M
Net Income 31.59M
Free Cash Flow n/a
Net Cash 142.43M
Net Cash / Share 8.32
Gross Margin 94.83%
Operating Margin 21.48%
Profit Margin 16.50%
FCF Margin n/a
ROA 1.24%
ROE 13.03%
ROIC 1.70%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (3)

Buy 0
Overweight 0
Hold 3
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$21.00*
(-3.63% downside)
Low
21.0
Current: $21.79
High
21.0
Target: 21.00
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016
Revenue181169167165
Revenue Growth7.13%1.15%1.49%-
Gross Profit181169167165
Operating Income38.9033.0432.5221.18
Net Income29.5425.8715.0014.04
Shares Outstanding14.7413.7613.6513.50
Earnings Per Share1.911.841.071.00
EPS Growth3.8%71.96%7%-
Dividend Per Share0.29---
Operating Cash Flow19.2553.5547.8933.99
Capital Expenditures-2.03-3.74-0.56-1.28
Free Cash Flow17.2249.8147.3332.71
Cash & Equivalents14440.65122207
Total Debt67.6315288.8259.54
Net Cash / Debt76.37-11233.18148
Assets2,3572,1792,1362,050
Liabilities2,0711,9821,9561,882
Book Value286162148139
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Alerus Financial Corporation
Country United States
Employees 789
CEO Randy L. Newman

Stock Information

Ticker Symbol ALRS
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: ALRS
IPO Date September 13, 2019

Description

Alerus Financial Corporation, through its subsidiary Alerus Financial, National Association, provides various financial services to businesses and consumers in the United States. The company operates through four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products and services, including demand deposits, checking, interest-bearing transaction accounts, money market accounts, time and savings deposits, 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 lending products, such as 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; and installment loans and lines of credit. 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; and wealth management services, such as financial planning, investment management, personal and corporate trust services, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. 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.