Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
19.06
-0.16 (-0.83%)
Dec 30, 2024, 12:08 PM EST - Market open
Alerus Financial Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Alerus Financial stock have an average target of 23.25, with a low estimate of 23 and a high estimate of 24. The average target predicts an increase of 21.98% from the current stock price of 19.06.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for ALRS stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +20.67% | Dec 4, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $23 | Hold | Maintains | $24 → $23 | +20.67% | Oct 31, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $24 | Hold → Buy | Upgrades | $24 | +25.92% | Sep 17, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $20 → $23 | Hold | Maintains | $20 → $23 | +20.67% | Aug 1, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +20.67% | Jul 29, 2024 |
Financial Forecast
Revenue This Year
217.35M
Revenue Next Year
275.58M
from 217.35M
Increased by 26.79%
EPS This Year
1.19
from 0.58
Increased by 104.59%
EPS Next Year
2.17
from 1.19
Increased by 83.10%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 228.7M | 289.7M | 306.9M |
| Avg | 217.4M | 275.6M | 295.3M |
| Low | 205.2M | 254.8M | 278.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 33.3% | 11.4% |
| Avg | - | 26.8% | 7.1% |
| Low | - | 17.2% | 1.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.39 | 2.57 | 2.73 |
| Avg | 1.19 | 2.17 | 2.53 |
| Low | 0.87 | 1.71 | 2.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 139.0% | 116.8% | 25.7% |
| Avg | 104.6% | 83.1% | 16.4% |
| Low | 50.4% | 44.5% | 8.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.