Alerus Financial (ALRS) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $31.71 to $32.18
• 50-Day Range: $31.58 to $34.12
• 52-Week Range: $20.31 to $34.40
• Volume: 225,042 shs
• Average Volume: 178,287 shs
• Market Capitalization: $798.76 million
• P/E Ratio: 30.23
• Dividend Yield: 2.75%
• Price Target: $35.75
• Consensus Rating: Hold

Alerus Financial Stock Analysis - MarketRank™

Alerus Financial scored higher than 57% of companies evaluated by MarketBeat, and ranked 556th out of 833 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

Alerus 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 Potential

Alerus Financial has a consensus price target of $35.75, representing about 11.6% upside from its current price of $32.04.

Amount of Analyst Coverage

Alerus Financial has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -6.93%

Earnings Growth

Earnings 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 Market

The P/E ratio of Alerus Financial is 30.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alerus Financial is 30.23, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 24.77.

Price to Book Value per Share Ratio

Alerus Financial has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.76% of the float of Alerus Financial has been sold short.

Short Interest Ratio / Days to Cover

Alerus Financial has a short interest ratio ("days to cover") of 10.12, which indicates bearish sentiment.

Change versus previous month

Short interest in Alerus Financial has recently increased by 9.73%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Alerus Financial pays a meaningful dividend of 2.72%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Alerus Financial has been increasing its dividend for 25 years.

Dividend Coverage

The dividend payout ratio of Alerus Financial is 83.02%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based 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.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.18

News Sentiment

Alerus 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 0.57 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Alerus Financial this week, compared to 2 articles on an average week.

Company Ownership

• Score: 2.9 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over 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 Selling

In 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 Insiders

4.30% of the stock of Alerus Financial is held by insiders.

Percentage Held by Institutions

51.25% of the stock of Alerus Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 7/10 Dividend: 6/26/2026
• Ex-Dividend for 7/10 Dividend: 6/26/2026
• Dividend Payable: 7/10/2026
• Last Earnings: 7/29/2026
• Record date for 10/9 Dividend: 9/25/2026
• Ex-Dividend for 10/9 Dividend: 9/25/2026
• Today: 10/07/2026
• Dividend Payable: 10/09/2026
• Next Earnings (Estimated): 10/28/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:ALRS
• CIK: 903419
• Web: www.alerus.com
• Phone: (701) 795-3200
• Fax: N/A
• Employees: 864
• Year Founded: 1879

Price Target and Rating

• Average Price Target for Alerus Financial: $35.75
• High Price Target: $38.00
• Low Price Target: $32.00
• Potential Upside/Downside: +11.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.43
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.06
• Trailing P/E Ratio: 30.19
• Forward P/E Ratio: 10.56
• P/E Growth: N/A
• Net Income: $17.44 million
• Net Margins: 6.87%
• Pretax Margin: 8.98%
• Return on Equity: 14.41%
• Return on Assets: 1.55%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 0.90
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $399.92 million
• Price / Sales: 1.99
• Cash Flow: $3.48 per share
• Price / Cash Flow: 9.20
• Book Value: $22.24 per share
• Price / Book: 1.44

Miscellaneous

• Outstanding Shares: 24,930,000
• Free Float: 23,856,000
• Market Cap: $797.76 million
• Optionable: Optionable
• Beta: 0.69