Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
21.50
-0.20 (-0.92%)
Nov 20, 2024, 4:00 PM EST - Market closed

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 8.14% from the current stock price of 21.50.

Analyst Consensus: Hold
Target Low Average Median High
Price $23 $23.25 $23 $24
Change +6.98% +8.14% +6.98% +11.63%

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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 000111
Hold 233333
Sell 000000
Strong Sell 000000
Total 233444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Hold
Maintains
$24$23
Hold Maintains $24$23 +6.98% Oct 31, 2024
Raymond James
Raymond James
Buy
Upgrades
$24
Buy Upgrades $24 +11.63% Sep 17, 2024
DA Davidson
DA Davidson
Hold
Maintains
$20$23
Hold Maintains $20$23 +6.98% Aug 1, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$22$23
Hold Maintains $22$23 +6.98% Jul 29, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$23$24
Hold Maintains $23$24 +11.63% Jul 29, 2024
More Analyst Ratings

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%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----217.35M275.58M295.28M
Revenue Growth
7.13%22.53%7.05%-11.36%-21.30%-26.79%7.15%
EPS
1.912.522.972.100.581.192.172.53
EPS Growth
3.80%31.94%17.86%-29.29%-72.38%104.59%83.10%16.43%
Forward PE
-----18.129.908.50
No. Analysts -----776
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High -
33.3%
11.4%
Avg -
26.8%
7.1%
Low -
17.2%
1.2%

EPS Forecast

EPS 202420252026
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 202420252026
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.