Alerus Financial (ALRS) Expected to Announce Earnings on Wednesday

Alerus Financial (NASDAQ:ALRS - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Wednesday, July 23rd. 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 (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.13. Alerus Financial had a net margin of 7.81% and a return on equity of 8.32%. The firm had revenue of $68.79 million for the quarter, compared to the consensus estimate 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 Up 0.2%

Shares of Alerus Financial stock traded up $0.04 on Thursday, reaching $22.19. The stock had a trading volume of 27,299 shares, compared to its average volume of 74,719. The company has a 50 day moving average price of $21.68 and a 200 day moving average price of $20.08. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.11. Alerus Financial has a 1 year low of $15.78 and a 1 year high of $24.41. The stock has a market capitalization of $562.96 million, a P/E ratio of 18.18 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 paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 3.79%. This is a boost from Alerus Financial's previous quarterly dividend of $0.20. The ex-dividend date was Friday, June 27th. Alerus Financial's payout ratio is presently 68.85%.

Wall Street Analysts Forecast Growth

ALRS has been the subject of several recent analyst reports. Keefe, Bruyette & Woods boosted their price target on shares of Alerus Financial from $21.00 to $22.00 and gave the stock a "market perform" rating in a report on Wednesday, April 30th. Piper Sandler upped their target price on shares of Alerus Financial from $22.00 to $23.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in 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 last quarter. Jane Street Group LLC acquired a new position in Alerus Financial in the first quarter valued at about $441,000. Finally, AQR Capital Management LLC acquired a new position in Alerus Financial in the first quarter valued at about $1,195,000. Institutional investors and hedge funds own 51.25% of the company's stock.

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.