What is DA Davidson's Forecast for ALRS Q3 Earnings?

Key Points

• DA Davidson anticipates Alerus Financial will report a Q3 2025 EPS of $0.58, maintaining a "Neutral" rating with a target price of $25.00.
• In Q2, Alerus Financial exceeded earnings expectations, reporting an EPS of $0.72 against a consensus estimate of $0.56.
• The company recently increased its quarterly dividend from $0.20 to $0.21, resulting in an annualized yield of 3.73%.

Alerus Financial (NASDAQ:ALRS - Free Report) - Equities research analysts at DA Davidson issued their Q3 2025 EPS estimates for shares of Alerus Financial in a research note issued on Tuesday, July 29th. DA Davidson analyst J. Rulis forecasts that the company will post earnings per share of $0.58 for the quarter. DA Davidson currently has a "Neutral" rating and a $25.00 price target on the stock. The consensus estimate for Alerus Financial's current full-year earnings is $2.14 per share.

Other equities analysts have also recently issued research reports about the stock. Keefe, Bruyette & Woods raised their target price on shares of Alerus Financial from $22.00 to $25.00 and gave the company a "market perform" rating in a research note on Tuesday. Piper Sandler raised their price objective on shares of Alerus Financial from $24.00 to $25.50 and gave the company a "neutral" rating in a research report on Wednesday. Finally, Raymond James Financial restated an "outperform" rating and set a $27.00 price objective (up previously from $24.00) on shares of Alerus Financial in a research report on Tuesday.

Alerus Financial Price Performance

Alerus Financial stock traded down $0.55 during trading hours on Wednesday, hitting $21.14. 99,699 shares of the company traded hands, compared to its average volume of 63,428. The firm has a market cap of $536.32 million, a P/E ratio of 12.51 and a beta of 0.70. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.11. The firm's 50-day simple moving average is $21.74 and its two-hundred day simple moving average is $20.31. Alerus Financial has a 1-year low of $15.78 and a 1-year high of $24.41.

Alerus Financial (NASDAQ:ALRS - Get Free Report) last released its earnings results on Monday, July 28th. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.56 by $0.16. The firm had revenue of $74.80 million for the quarter, compared to analysts' expectations of $69.96 million. Alerus Financial had a net margin of 11.06% and a return on equity of 10.58%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of Alerus Financial by 13.2% in the first quarter. Vanguard Group Inc. now owns 1,194,264 shares of the company's stock worth $22,046,000 after buying an additional 139,435 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Alerus Financial by 120.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 666,559 shares of the company's stock worth $12,824,000 after buying an additional 363,617 shares during the period. Endeavour Capital Advisors Inc. boosted its holdings in shares of Alerus Financial by 77.3% in the fourth quarter. Endeavour Capital Advisors Inc. now owns 527,283 shares of the company's stock worth $10,145,000 after buying an additional 229,932 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Alerus Financial by 26.0% in the fourth quarter. Geode Capital Management LLC now owns 524,195 shares of the company's stock worth $10,088,000 after buying an additional 108,123 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Alerus Financial by 0.5% in the fourth quarter. Ameriprise Financial Inc. now owns 367,173 shares of the company's stock worth $7,064,000 after buying an additional 1,958 shares during the period. 51.25% of the stock is currently owned by institutional investors and hedge funds.

Alerus Financial Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, June 27th were issued a $0.21 dividend. The ex-dividend date was Friday, June 27th. This is a positive change from Alerus Financial's previous quarterly dividend of $0.20. This represents a $0.84 annualized dividend and a dividend yield of 4.0%. Alerus Financial's dividend payout ratio is 68.85%.

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.