Q2 Earnings Estimate for ALRS Issued By DA Davidson

Alerus Financial Co. (NASDAQ:ALRS - Free Report) - Analysts at DA Davidson issued their Q2 2025 earnings per share estimates for shares of Alerus Financial in a note issued to investors on Wednesday, April 30th. DA Davidson analyst J. Rulis forecasts that the company will post earnings of $0.58 per share for the quarter. DA Davidson has a "Neutral" rating and a $23.00 price objective on the stock. The consensus estimate for Alerus Financial's current full-year earnings is $2.14 per share. DA Davidson also issued estimates for Alerus Financial's FY2026 earnings at $2.35 EPS.

ALRS has been the subject of a number of other reports. Raymond James reiterated an "outperform" rating and issued a $24.00 price objective (up from $22.00) on shares of Alerus Financial in a report on Thursday, January 30th. Keefe, Bruyette & Woods boosted their target price on Alerus Financial from $21.00 to $22.00 and gave the stock a "market perform" rating in a report on Wednesday, April 30th. Finally, 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 report on Friday. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat, Alerus Financial currently has a consensus rating of "Hold" and a consensus target price of $23.00.

Alerus Financial Trading Up 0.4 %

Shares of ALRS traded up $0.08 during midday trading on Thursday, hitting $21.05. The stock had a trading volume of 35,419 shares, compared to its average volume of 74,266. The business has a 50-day simple moving average of $18.23 and a two-hundred day simple moving average of $20.09. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.15. The firm has a market cap of $536.98 million, a P/E ratio of 20.62 and a beta of 0.70. Alerus Financial has a fifty-two week low of $15.78 and a fifty-two week high of $24.41.

Alerus Financial (NASDAQ:ALRS - Get Free Report) last posted its quarterly earnings data on Monday, April 28th. The company reported $0.56 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.13. Alerus Financial had a net margin of 6.26% and a return on equity of 7.66%. The firm had revenue of $68.79 million for the quarter, compared to the consensus estimate of $66.20 million.

Alerus Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, March 14th were issued a $0.20 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.80 annualized dividend and a dividend yield of 3.80%. Alerus Financial's dividend payout ratio is currently 65.57%.

Institutional Trading of Alerus Financial

A number of hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its position in Alerus Financial by 207.4% during the third quarter. JPMorgan Chase & Co. now owns 24,214 shares of the company's stock valued at $554,000 after purchasing an additional 16,336 shares during the period. Alliancebernstein L.P. boosted its stake in Alerus Financial by 2,346.3% during the fourth quarter. Alliancebernstein L.P. now owns 287,931 shares of the company's stock valued at $5,540,000 after buying an additional 276,161 shares during the last quarter. Barclays PLC lifted its stake in shares of Alerus Financial by 58.8% in the 3rd quarter. Barclays PLC now owns 44,399 shares of the company's stock valued at $1,017,000 after purchasing an additional 16,436 shares during the last quarter. Choreo LLC purchased a new stake in shares of Alerus Financial in the fourth quarter valued at approximately $2,620,000. Finally, Empowered Funds LLC raised its stake in Alerus Financial by 70.8% in the fourth quarter. Empowered Funds LLC now owns 80,184 shares of the company's stock worth $1,543,000 after buying an additional 33,247 shares in the last quarter. Institutional investors own 51.25% of the company's stock.

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.