Alerus Financial (ALRS) Expected to Announce Quarterly Earnings on Monday

Alerus Financial (NASDAQ:ALRS - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Monday, April 28th. Analysts expect Alerus Financial to post earnings of $0.43 per share and revenue of $66.20 million for the quarter.

Alerus Financial (NASDAQ:ALRS - Get Free Report) last announced its earnings results on Tuesday, January 28th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.16. Alerus Financial had a return on equity of 7.66% and a net margin of 6.26%. 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 Down 1.1 %

ALRS traded down $0.21 on Friday, reaching $17.64. The company's stock had a trading volume of 5,552 shares, compared to its average volume of 73,033. Alerus Financial has a 1 year low of $15.78 and a 1 year high of $24.41. The business's 50 day moving average is $18.42 and its 200 day moving average is $20.32. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market cap of $449.89 million, a price-to-earnings ratio of 17.29 and a beta of 0.67.

Alerus Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, March 14th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.54%. The ex-dividend date was Friday, March 14th. Alerus Financial's dividend payout ratio (DPR) is currently 78.43%.

Analysts Set New Price Targets

ALRS has been the topic of several recent analyst reports. Piper Sandler upped their price target on shares of Alerus Financial from $21.00 to $24.00 and gave the company a "neutral" rating in a report on Thursday, January 30th. Raymond James restated an "outperform" rating and issued a $24.00 target price (up previously from $22.00) on shares of Alerus Financial in a research note on Thursday, January 30th. Finally, DA Davidson reaffirmed a "neutral" rating and set a $23.00 price target on shares of Alerus Financial in a research report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $23.40.

About Alerus Financial

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.