NASDAQ:ALRS Alerus Financial (ALRS) Stock Price, News & Analysis $31.66 -0.38 (-1.19%) Closing price 10/8/2026 04:00 PM EasternExtended Trading$31.62 -0.04 (-0.11%) As of 09:19 AM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Alerus Financial Stock (NASDAQ:ALRS) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Alerus Financial alerts:Sign Up Key Stats Today's Range$31.65▼$32.2250-Day Range$31.58▼$34.1252-Week Range$20.31▼$34.40Volume174,647 shsAverage Volume201,659 shsMarket Capitalization$789.22 millionP/E Ratio29.87Dividend Yield2.78%Price Target$35.75Consensus RatingHold Company Overview Alerus Financial Corporation is a bank holding company headquartered in Grand Forks, North Dakota. Through its primary subsidiary, Alerus Financial, N.A., the company provides banking, wealth management, retirement plan administration and mortgage services to individuals, families and businesses. Its banking offerings include checking and savings accounts, consumer and commercial lending, treasury management and other deposit services. Alerus also provides investment advisory, trust and private wealth management services, as well as employee retirement plan recordkeeping, administration and advisory solutions. Its mortgage business offers residential lending products, including home purchase and refinancing services. Alerus traces its history to 1933 and serves customers through banking offices and business operations in parts of the Upper Midwest and Arizona, together with digital and nationwide retirement-services capabilities. The company became publicly traded on the Nasdaq under the symbol ALRS in 2021.AI Generated. May Contain Errors. Read More Alerus Financial Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks59th Percentile Overall ScoreALRS MarketRank™: Alerus Financial scored higher than 59% of companies evaluated by MarketBeat, and ranked 522nd out of 836 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.2 / 5Analyst RatingHold Consensus RatingAlerus Financial has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on no strong buy ratings, 3 buy ratings, 4 hold ratings, and no sell ratings.Upside PotentialAlerus Financial has a consensus price target of $35.75, representing about 12.9% upside from its current price of $31.66.Amount of Analyst CoverageAlerus Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Alerus Financial's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings Growth-6.93% Earnings GrowthEarnings for Alerus Financial are expected to decrease by -6.93% in the coming year, from $3.03 to $2.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alerus Financial is 29.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Alerus Financial is 29.87, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 24.64.Price to Book Value per Share RatioAlerus Financial has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Alerus Financial's valuation and earnings. Short Interest0.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.76% of the float of Alerus Financial has been sold short.Short Interest Ratio / Days to CoverAlerus Financial has a short interest ratio ("days to cover") of 10.12, which indicates bearish sentiment.Change versus previous monthShort interest in Alerus Financial has recently increased by 9.73%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend YieldAlerus Financial pays a meaningful dividend of 2.72%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthAlerus Financial has been increasing its dividend for 25 years.Dividend CoverageThe dividend payout ratio of Alerus Financial is 83.02%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Alerus Financial will have a dividend payout ratio of 31.21% next year. This indicates that Alerus Financial will be able to sustain or increase its dividend.Read more about Alerus Financial's dividend. News and Social Media2.0 / 5News Sentiment0.18 News SentimentAlerus Financial has a news sentiment score of 0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Alerus Financial this week, compared to 2 articles on an average week. Company Ownership2.9 / 5Insider TradingAcquiring Shares Net Insider BuyingOver the last three months, insiders have purchased a net $32,450.00 in company stock, which represents 0.0041% of the company's market cap.Insider Buying vs. Insider SellingIn the past three months, Alerus Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $32,450.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders4.30% of the stock of Alerus Financial is held by insiders.Percentage Held by Institutions51.25% of the stock of Alerus Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Alerus Financial's insider trading history. Receive ALRS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alerus Financial and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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ALRS Stock News HeadlinesAlerus Financial Shares Rise After Piper Sandler UpgradeOctober 3, 2026 | marketscreener.comMPiper Sandler Upgrades Alerus Financial to Overweight From Neutral, Adjusts PT to $38 From $37October 2, 2026 | marketscreener.comMThe end may be near for these iconic stocksMarc Chaikin, founder of Chaikin Analytics, says two forces - AI disruption and fracturing global trade - are triggering a historic wealth transfer already underway in 2026. Household names like Intuit (-57%), Boston Scientific (-49%), and Tractor Supply (-40%) are cratering, while lesser-known companies like Sandisk (+573%) and Rackspace (+444%) surge. Chaikin has identified specific stocks he believes investors should sell before they fall further - and the names may surprise you. He's also pinpointing a company tapped as Nvidia's self-driving partner and a potential AI megadeal that could split into three high-growth stocks. Stream his free presentation to get every buy and sell recommendation with no membership or credit card required.October 9 at 1:00 AM | Chaikin Analytics (Ad)Piper Sandler upgrades Alerus Financial to overweight from neutralOctober 2, 2026 | msn.comAlerus Financial Corporation to Announce Third Quarter Financial Results on Wednesday, October 28October 1, 2026 | globenewswire.comAlerus Financial Raises Dividend and Expands Buyback ProgramAugust 27, 2026 | tipranks.comAlerus Financial Corporation Declares Cash Dividend on Common Shares and Announces New Stock Repurchase ProgramAugust 27, 2026 | globenewswire.comAlerus Financial Corporation 2026 Q2 - Results - Earnings Call PresentationJuly 31, 2026 | seekingalpha.comSee More Headlines ALRS Stock Analysis - Frequently Asked Questions How have ALRS shares performed this year? Alerus Financial's stock was trading at $22.52 at the beginning of the year. Since then, ALRS shares have increased by 40.6% and is now trading at $31.66. How were Alerus Financial's earnings last quarter? Alerus Financial (NASDAQ:ALRS) announced its earnings results on Wednesday, July, 29th. The company reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.03. The business earned $80 million during the quarter, compared to analyst estimates of $76.99 million. Alerus Financial had a trailing twelve-month return on equity of 14.41% and a net margin of 6.87%. Read the conference call transcript. When did Alerus Financial IPO? Alerus Financial (ALRS) raised $76 million in an initial public offering on Friday, September 13th 2019. The company issued 3,300,000 shares at a price of $22.00-$24.00 per share. RAYMOND JAMES and D.A. Davidson & Co. acted as the underwriters for the IPO and Piper Jaffray was co-manager. Who are Alerus Financial's major shareholders? Alerus Financial's top institutional investors include Horrell Capital Management Inc. (0.01%). View institutional ownership trends. How do I buy shares of Alerus Financial? Shares of ALRS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Alerus Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Alerus Financial investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET). Company Calendar Last Earnings7/29/2026Record date for 10/9 Dividend9/25/2026Ex-Dividend for 10/9 Dividend9/25/2026Today10/09/2026Dividend Payable10/09/2026Next Earnings (Estimated)10/28/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (17m+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 ALRS's financial health is in the Green zone, according to TradeSmith. ALRS has been in this zone for over 17 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Banks Sub-IndustryRegional Banks Current SymbolNASDAQ:ALRS CIK903419 Webwww.alerus.com Phone(701) 795-3200FaxN/AEmployees864Year Founded1879Price Target and Rating Average Price Target for Alerus Financial$35.75 High Price Target$38.00 Low Price Target$32.00 Potential Upside/Downside+12.9%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Trailing Twelve Months)$1.06 Trailing P/E Ratio29.87 Forward P/E Ratio10.45 P/E GrowthN/ANet Income$17.44 million Net Margins6.87% Pretax Margin8.98% Return on Equity14.41% Return on Assets1.55% Debt Debt-to-Equity Ratio0.10 Current Ratio0.90 Quick Ratio0.89 Sales & Book Value Annual Sales$233.70 million Price / Sales3.38 Cash Flow$3.48 per share Price / Cash Flow9.10 Book Value$22.24 per share Price / Book1.42Miscellaneous Outstanding Shares24,928,000Free Float23,856,000Market Cap$789.22 million OptionableOptionable Beta0.69 Social Links 10 Stocks Powering The Next AI Boom The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.Get This Free Report This page (NASDAQ:ALRS) was last updated on 10/9/2026 by MarketBeat.com Staff. From Our PartnersALERT: Drop these 5 stocks before the market opens tomorrow!The Wall Street Journal is already raising the alarm about a potential market crash, and Weiss Ratings researc...Weiss Ratings | SponsoredTrump's New DollarPorter Stansberry says President Trump has signed an executive order initiating what he calls a full U.S. doll...Porter & Company | SponsoredSmall Colorado Company (Backed by Sam Altman) Could Save U.S. Power GridA small Colorado company has secured rights to technology that could prevent the U.S. public power grid from c...Altimetry | SponsoredReady to give options a try? 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