Alerus Financial Corporation (ALRS)

Market Cap	500.94M
Revenue (ttm)	164.50M
Net Income (ttm)	3.18M
Shares Out	25.34M
EPS (ttm)	0.16
PE Ratio	122.88
Forward PE	11.71
Dividend	$0.80 (4.09%)
Ex-Dividend Date	Sep 13, 2024

Volume	93,542
Open	19.54
Previous Close	19.70
Day's Range	18.58 - 19.77
52-Week Range	18.09 - 25.85
Beta	0.70
Analysts	Hold
Price Target	23.25 (+17.6%)
Earnings Date	Jan 22, 2025

About ALRS

Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that engages in the provision of various financial services to businesses and consumers. The company operates in four segments: Banking, Mortgage, Retirement and Benefit Services, and Wealth Management. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, incl...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Sep 13, 2019
• Employees: 754
• Stock Exchange: NASDAQ
• Ticker Symbol: ALRS
• Website: https://alerus.com

Financial Performance

In 2023, Alerus Financial's revenue was $166.01 million, a decrease of -21.30% compared to the previous year's $210.95 million. Earnings were $11.70 million, a decrease of -70.44%.

Analyst Forecast

According to 4 analysts, the average rating for ALRS stock is "Hold." The 12-month stock price forecast is $23.25, which is an increase of 17.60% from the latest price.

Price Target

$23.25

(17.60% upside)

Analyst Consensus: Hold