Alerus Financial Corporation (ALRS)
| Market Cap | 551.47M |
| Revenue (ttm) | 241.71M |
| Net Income (ttm) | 54.53M |
| Shares Out | 17.15M |
| EPS (ttm) | 3.08 |
| PE Ratio | 10.42 |
| Forward PE | n/a |
| Dividend | $0.60 |
| Dividend Yield | 1.87% |
| Trading Day | May 14 |
| Last Price | $32.08 |
| Previous Close | $31.57 |
| Change ($) | 0.51 |
| Change (%) | 1.62% |
| Day's Open | 31.77 |
| Day's Range | 30.82 - 32.29 |
| Day's Volume | 25,610 |
| 52-Week Range | 16.66 - 34.70 |
Alerus (ALRS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
Alerus Financial (ALRS) announces a dividend hike of 6.7% to 16 cents per share. Should one invest in the stock to earn this dividend income?
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.16 per common share, a 6.7 percent ...
Alerus Financial (ALRS) has been struggling lately, but the selling pressure may be coming to an end soon
Alerus (ALRS) delivered earnings and revenue surprises of 36.51% and 10.15%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) reported net income of $15.2 million for the first quarter of 2021, or $0.86 per diluted common share, compared to net inc...
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) is pleased to announce it has received the Raymond James Community Bankers Cup award for 2020. Now in its ninth year, this...
Alerus (ALRS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Alerus Financial Corporation to Announce First Quarter 2021 Financial Results on Wednesday, April 28
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that it will issue its first quarter 2021 financial results on Wednesday, April 28, 2021. Alerus Financial Corpo...
Alerus Financial Corporation Announces Private Placement of a $50 Million Subordinated Note Due 2031
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that it has completed the private placement of a $50 million Subordinated Note due 2031 (the “Note”) with The Ba...
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.15 per common share. The dividend i...
Alerus Financial's (ALRS) CEO Randy Newman on Q4 2020 Results - Earnings Call Transcript
Alerus (ALRS) delivered earnings and revenue surprises of -8.07% and 11.82%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) reported net income of $10.2 million for the fourth quarter of 2020, or $0.57 per diluted common share, compared to net in...
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that it will issue its fourth quarter and full-year 2020 financial results after market close on Wednesday, Janu...
Top Ranked Momentum Stocks to Buy for December 22nd
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (“Alerus”) (NASDAQ: ALRS), announced today it has completed its previously announced acquisition of Retirement Planning Services, Inc. (“...
As of late, it has definitely been a great time to be an investor in Alerus Financial (ALRS).
ALERUS FINL CP (ALRS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (“Alerus”) (NASDAQ: ALRS), announced today it has entered into a definitive agreement to acquire Retirement Planning Services, Inc. (“RPS...
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (NASDAQ: ALRS) announced that its board of directors declared a regular quarterly cash dividend of $0.15 per common share. The dividend i...
Alerus (ALRS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Alerus (ALRS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Alerus (ALRS) delivered earnings and revenue surprises of 147.50% and 32.09%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
GRAND FORKS, N.D.--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS) reported net income of $17.7 million for the third quarter of 2020, or $0.99 per diluted common share, compared to net inc...
Alerus (ALRS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
About ALRS
Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates through four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, checking accounts, interest-bearing transaction accounts, money market accounts, time and savings deposits, and certificates of deposit; and treasury management products, including electronic receivables manag... [Read more...]
| Industry Banks-Regional | IPO Date Sep 13, 2019 |
| Stock Exchange NASDAQ | Ticker Symbol ALRS |
Financial Performance
In 2020, ALRS's revenue was $222.32 million, an increase of 22.53% compared to the previous year's $181.43 million. Earnings were $44.68 million, an increase of 51.24%.
Analyst Forecasts
According to 3 analysts, the average rating for ALRS stock is "Hold." The 12-month stock price forecast is 31.00, which is a decrease of -3.37% from the latest price.