Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
21.72
+0.40 (1.88%)
At close: Feb 4, 2025, 4:00 PM
21.53
-0.19 (-0.87%)
Pre-market: Feb 5, 2025, 7:33 AM EST
Alerus Financial Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Alerus Financial stock have an average target of 23.6, with a low estimate of 23 and a high estimate of 24. The average target predicts an increase of 8.66% from the current stock price of 21.72.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Alerus Financial stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 1 | 1 | 1 | 1 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $23 | Hold | Maintains | $23 | +5.89% | Jan 30, 2025 |
| Raymond James | Raymond James | Buy Reiterates $22 → $24 | Buy | Reiterates | $22 → $24 | +10.50% | Jan 30, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $21 → $24 | Hold | Maintains | $21 → $24 | +10.50% | Jan 30, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +5.89% | Dec 4, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $23 | Hold | Maintains | $24 → $23 | +5.89% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
273.50M
Revenue Next Year
292.05M
from 273.50M
Increased by 6.78%
EPS This Year
2.11
from 0.98
Increased by 115.03%
EPS Next Year
2.44
from 2.11
Increased by 15.90%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 289.7M | 307.8M |
| Avg | 273.5M | 292.1M |
| Low | 254.8M | 273.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | - | 12.5% |
| Avg | - | 6.8% |
| Low | - | 0.1% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 2.42 | 2.61 |
| Avg | 2.11 | 2.44 |
| Low | 1.71 | 2.25 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 146.4% | 24.1% |
| Avg | 115.0% | 15.9% |
| Low | 75.0% | 7.0% |
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.