Alerus Financial (ALRS) News Today

Alerus Financial Co. (NASDAQ:ALRS - Get Free Report) was the target of a large increase in short interest in August. As of August 15th, there was short interest totalling 602,800 shares, an increase of 18.6% from the July 31st total of 508,200 shares. Based on an average daily volume of 58,000 shares, the short-interest ratio is currently 10.4 days. Currently, 3.6% of the company's stock are short sold.

Bailard Inc. acquired a new stake in Alerus Financial Co. (NASDAQ:ALRS - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,500 shares of the company's stock, valued at approximately

Alerus Financial Co. (NASDAQ:ALRS) announced a quarterly dividend on Wednesday, August 21st. Shareholders of record on Friday, September 13th will be given a dividend of 0.20 per share on Friday, October 11th. This represents a $0.80 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date is Friday, September 13th.

Cetera Advisors LLC purchased a new stake in Alerus Financial Co. (NASDAQ:ALRS - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 29,212 shares of the company's stock, valued at approximately $638,000. Cetera Ad

Cwm LLC increased its stake in Alerus Financial Co. (NASDAQ:ALRS - Free Report) by 85,625.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,293 shares of the company's stock after purchasing an addit

DA Davidson boosted their price objective on Alerus Financial from $20.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday.

Keefe, Bruyette & Woods raised their price target on shares of Alerus Financial from $22.00 to $23.00 and gave the company a "market perform" rating in a research report on Monday.

Acadian Asset Management LLC increased its stake in Alerus Financial Co. (NASDAQ:ALRS - Free Report) by 4,147.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 26,294 shares of the company's stock after purchasing

Alerus Financial (NASDAQ:ALRS) will be releasing earnings after the market closes on Wednesday, July 24, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=606870)

Los Angeles Capital Management LLC bought a new stake in shares of Alerus Financial Co. (NASDAQ:ALRS - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 78,369 shares of the company's stock, v

Wealth Forward LLC bought a new stake in shares of Alerus Financial Co. (NASDAQ:ALRS - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 55,479 shares of the company's stock, valued at approximately $1,242,000. Alerus Financial makes up 1.0% of

Alerus Financial Co. (NASDAQ:ALRS) declared a quarterly dividend on Tuesday, May 21st. Shareholders of record on Friday, June 14th will be given a dividend of 0.20 per share on Monday, July 15th. This represents a $0.80 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date is Friday, June 14th. This is a boost from Alerus Financial's previous quarterly dividend of $0.19.

Alerus Financial Co. (NASDAQ:ALRS - Get Free Report) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totalling 262,100 shares, a decrease of 34.2% from the April 30th total of 398,300 shares. Based on an average daily volume of 47,700 shares, the days-to-cover ratio is presently 5.5 days. Approximately 1.6% of the shares of the stock are sold short.

Alerus Financial Co. (NASDAQ:ALRS - Free Report) - Research analysts at DA Davidson dropped their FY2024 EPS estimates for Alerus Financial in a report issued on Thursday, May 16th. DA Davidson analyst J. Rulis now forecasts that the company will post earnings of $1.15 per share for the year, dow

Piper Sandler lowered their price objective on Alerus Financial from $23.50 to $22.50 and set a "neutral" rating on the stock in a report on Thursday.

Hovde Group upgraded shares of Alerus Financial from a "market perform" rating to an "outperform" rating and upped their price target for the company from $21.00 to $23.00 in a research note on Thursday.

Alerus Financial Co. (NASDAQ:ALRS - Free Report) - Equities researchers at DA Davidson increased their FY2024 earnings per share (EPS) estimates for Alerus Financial in a research report issued on Wednesday, May 1st. DA Davidson analyst J. Rulis now anticipates that the company will post earnings

Alerus Financial Co. (NASDAQ:ALRS - Free Report) - Analysts at DA Davidson issued their Q2 2024 earnings per share estimates for shares of Alerus Financial in a research report issued on Wednesday, May 1st. DA Davidson analyst J. Rulis expects that the company will earn $0.36 per share for the qu

Alerus Financial (NASDAQ:ALRS - Get Free Report) issued its earnings results on Thursday. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. The firm had revenue of $74.36 million during the quarter, compared to the consensus estimate of $47.40 million. Alerus Financial had a net margin of 4.34% and a return on equity of 8.69%. During the same quarter in the prior year, the firm earned $0.40 earnings per share.

Alerus Financial Co. (NASDAQ:ALRS - Get Free Report) was the recipient of a significant decline in short interest in March. As of March 31st, there was short interest totalling 399,500 shares, a decline of 5.8% from the March 15th total of 424,100 shares. Based on an average trading volume of 41,200 shares, the short-interest ratio is currently 9.7 days.

Alerus Financial Co. (NASDAQ:ALRS) declared a quarterly dividend on Tuesday, February 27th. Shareholders of record on Friday, March 15th will be given a dividend of 0.19 per share on Friday, April 12th. This represents a $0.76 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date is Thursday, March 14th.

Alerus Financial NA reduced its stake in Alerus Financial Co. (NASDAQ:ALRS - Free Report) by 3.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,248,939 shares of the company's stock after selling 92,0