Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · Real-Time Price · USD
18.79
-0.57 (-2.94%)
Mar 10, 2025, 4:00 PM EST - Market open
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 25.60% from the current stock price of 18.79.
Analyst Consensus: Hold
* Price targets were last updated on Jan 30, 2025.
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 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $23 | Hold | Maintains | $23 | +22.41% | Jan 30, 2025 |
| Raymond James | Raymond James | Buy Reiterates $22 → $24 | Buy | Reiterates | $22 → $24 | +27.73% | Jan 30, 2025 |
| Piper Sandler | Piper Sandler | Hold Maintains $21 → $24 | Hold | Maintains | $21 → $24 | +27.73% | Jan 30, 2025 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +22.41% | Dec 4, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $24 → $23 | Hold | Maintains | $24 → $23 | +22.41% | Oct 31, 2024 |
Financial Forecast
Revenue This Year
279.03M
from 203.84M
Increased by 36.89%
Revenue Next Year
292.46M
from 279.03M
Increased by 4.81%
EPS This Year
2.09
from 0.98
Increased by 113.74%
EPS Next Year
2.37
from 2.09
Increased by 13.07%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 294.6M | 306.7M |
| Avg | 279.0M | 292.5M |
| Low | 261.7M | 277.6M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 44.5% | 9.9% |
| Avg | 36.9% | 4.8% |
| Low | 28.4% | -0.5% |
EPS Forecast
| EPS | 2025 | 2026 |
|---|---|---|
| High | 2.42 | 2.68 |
| Avg | 2.09 | 2.37 |
| Low | 1.78 | 2.16 |
EPS Growth
| EPS Growth | 2025 | 2026 |
|---|---|---|
| High | 146.4% | 27.8% |
| Avg | 113.7% | 13.1% |
| Low | 82.0% | 2.9% |
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.