Alerus Financial (ALRS) Expected to Announce Earnings on Monday

Alerus Financial (NASDAQ:ALRS - Get Free Report) is expected to announce its Q2 2025 earnings results before the market opens on Monday, July 28th. Analysts expect the company to announce earnings of $0.56 per share and revenue of $69.96 million for the quarter.

Alerus Financial (NASDAQ:ALRS - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The company reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.13. Alerus Financial had a return on equity of 8.32% and a net margin of 7.81%. The company had revenue of $68.79 million during the quarter, compared to analysts' expectations of $66.20 million. On average, analysts expect Alerus Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Alerus Financial Stock Performance

Shares of Alerus Financial stock traded down $0.27 during trading hours on Friday, hitting $22.06. 50,102 shares of the company were exchanged, compared to its average volume of 74,948. Alerus Financial has a 1 year low of $15.78 and a 1 year high of $24.41. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.11. The business has a 50-day moving average of $21.71 and a 200-day moving average of $20.12. The stock has a market capitalization of $559.66 million, a price-to-earnings ratio of 18.08 and a beta of 0.70.

Alerus Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, June 27th were given a $0.21 dividend. This is a boost from Alerus Financial's previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Friday, June 27th. This represents a $0.84 annualized dividend and a yield of 3.81%. Alerus Financial's dividend payout ratio is presently 68.85%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. AQR Capital Management LLC bought a new position in Alerus Financial in the 1st quarter valued at $1,195,000. Jane Street Group LLC bought a new stake in shares of Alerus Financial during the first quarter worth approximately $441,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Alerus Financial by 4.2% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,420 shares of the company's stock valued at $248,000 after buying an additional 546 shares during the period. 51.25% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on ALRS shares. Piper Sandler increased their price objective on Alerus Financial from $22.00 to $23.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Keefe, Bruyette & Woods increased their price objective on Alerus Financial from $21.00 to $22.00 and gave the company a "market perform" rating in a research note on Wednesday, April 30th.

Alerus Financial Company Profile

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.