Alerus Financial Corporation (ALRS)
NASDAQ: ALRS · IEX Real-Time Price · USD
20.54
-0.46 (-2.19%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Alerus Financial Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Alerus Financial stock have an average target of 21.33, with a low estimate of 17 and a high estimate of 24. The average target predicts an increase of 3.85% from the current stock price of 20.54.
Analyst Consensus: Hold
* Price targets were last updated on Jan 30, 2024.
Analyst Ratings
The average analyst rating for ALRS stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $23 → $24 | Hold | Maintains | $23 → $24 | +16.85% | Jan 30, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $20 → $23 | Hold | Maintains | $20 → $23 | +11.98% | Dec 20, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $20 → $19 | Hold | Maintains | $20 → $19 | -7.50% | Oct 30, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $20 → $21 | Hold | Maintains | $20 → $21 | +2.24% | Jul 31, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $20 → $22 | Hold | Maintains | $20 → $22 | +4.67% | Jul 31, 2023 |
Financial Forecast
Revenue This Year
202.39M
from 166.01M
Increased by 21.91%
Revenue Next Year
217.04M
from 202.39M
Increased by 7.24%
EPS This Year
1.56
from 0.58
Increased by 169.81%
EPS Next Year
1.85
from 1.56
Increased by 18.04%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 215.3M | 237.3M |
| Avg | 202.4M | 217.0M |
| Low | 190.5M | 202.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 29.7% | 17.2% |
| Avg | 21.9% | 7.2% |
| Low | 14.8% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.73 | 2.15 |
| Avg | 1.56 | 1.85 |
| Low | 1.37 | 1.67 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 198.7% | 37.6% |
| Avg | 169.8% | 18.0% |
| Low | 136.6% | 6.4% |
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.