Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · IEX Real-Time Price · USD
21.44
-0.08 (-0.37%)
At close: Jul 19, 2024, 4:00 PM
21.43
-0.01 (-0.05%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Alerus Financial Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Alerus Financial stock have an average target of 23.25, with a low estimate of 22.5 and a high estimate of 24. The average target predicts an increase of 8.44% from the current stock price of 21.44.
Analyst Consensus: Hold
* Price targets were last updated on May 16, 2024.
Analyst Ratings
The average analyst rating for ALRS stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $23 | Hold | Maintains | $24 → $23 | +4.94% | May 16, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $23 → $24 | Hold | Maintains | $23 → $24 | +11.94% | Jan 30, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $20 → $23 | Hold | Maintains | $20 → $23 | +7.28% | Dec 20, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $20 → $19 | Hold | Maintains | $20 → $19 | -11.38% | Oct 30, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | -2.05% | Jul 31, 2023 |
Financial Forecast
Revenue This Year
210.61M
from 166.01M
Increased by 26.87%
Revenue Next Year
274.12M
from 210.61M
Increased by 30.16%
EPS This Year
1.45
from 0.58
Increased by 150.81%
EPS Next Year
2.34
from 1.45
Increased by 60.71%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 225.3M | 290.9M | 296.2M |
| Avg | 210.6M | 274.1M | 287.8M |
| Low | 196.2M | 248.5M | 276.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.7% | 38.1% | 8.1% |
| Avg | 26.9% | 30.2% | 5.0% |
| Low | 18.2% | 18.0% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.89 | 2.63 | 2.68 |
| Avg | 1.45 | 2.34 | 2.60 |
| Low | 1.13 | 1.96 | 2.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 225.9% | 80.4% | 14.5% |
| Avg | 150.8% | 60.7% | 11.3% |
| Low | 94.5% | 34.7% | 6.9% |
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.