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Alerus Financial Corporation (ALRS)

Stock Price: $32.08 USD 0.51 (1.62%)
Updated May 14, 2021 4:00 PM EDT - Market closed
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

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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.

3 days ago - Zacks Investment Research

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?

4 days ago - Zacks Investment Research

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 ...

5 days ago - Business Wire

Alerus Financial (ALRS) has been struggling lately, but the selling pressure may be coming to an end soon

2 weeks ago - Zacks Investment Research

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?

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - Business Wire

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...

3 weeks ago - Business Wire

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.

1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

Alerus Financial's (ALRS) CEO Randy Newman on Q4 2020 Results - Earnings Call Transcript

3 months ago - Seeking Alpha

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?

3 months ago - Zacks Investment Research

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

Top Ranked Momentum Stocks to Buy for December 22nd

Other stocks mentioned: BHP, LAKE, TSE
4 months ago - Zacks Investment Research

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. (“...

4 months ago - Business Wire

As of late, it has definitely been a great time to be an investor in Alerus Financial (ALRS).

4 months ago - Zacks Investment Research

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.

5 months ago - Zacks Investment Research

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

Alerus (ALRS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

6 months ago - Zacks Investment Research

Alerus (ALRS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

6 months ago - Zacks Investment Research

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?

6 months ago - Zacks Investment Research

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...

6 months ago - Business Wire

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.

6 months ago - Zacks Investment Research

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
Full Company Profile

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%.

Financial Statements

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.

Price Target
$31.00
(-3.37% downside)
Analyst Consensus: Hold