Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
20.47
+0.35 (1.74%)
Nov 4, 2024, 12:54 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 13.58% from the current stock price of 20.47.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $23 | Hold | Maintains | $24 → $23 | +12.36% | Oct 31, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $24 | Hold → Buy | Upgrades | $24 | +17.24% | Sep 17, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $20 → $23 | Hold | Maintains | $20 → $23 | +12.36% | Aug 1, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +12.36% | Jul 29, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $23 → $24 | Hold | Maintains | $23 → $24 | +17.24% | Jul 29, 2024 |
Financial Forecast
Revenue This Year
216.08M
Revenue Next Year
278.56M
from 216.08M
Increased by 28.92%
EPS This Year
1.54
from 0.58
Increased by 165.99%
EPS Next Year
2.29
from 1.54
Increased by 48.50%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 230.5M | 299.9M | 317.6M |
| Avg | 216.1M | 278.6M | 302.0M |
| Low | 200.0M | 254.0M | 281.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 38.8% | 14.0% |
| Avg | - | 28.9% | 8.4% |
| Low | - | 17.6% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.84 | 2.57 | 2.73 |
| Avg | 1.54 | 2.29 | 2.54 |
| Low | 1.18 | 1.86 | 2.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 216.8% | 66.7% | 19.2% |
| Avg | 166.0% | 48.5% | 11.0% |
| Low | 102.8% | 20.7% | 2.7% |
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.