Log in

OTCMKTS:ALRS - ALERUS FINL COR/SH Stock Price, Forecast & News

+0.05 (+0.23 %)
(As of 02/16/2020 02:32 PM ET)
Today's Range
Now: $21.73
50-Day Range
MA: $21.83
52-Week Range
Now: $21.73
Volume12,930 shs
Average Volume36,897 shs
Market Capitalization$370.47 million
P/E RatioN/A
Dividend Yield2.77%
Alerus Financial Corporation, through its subsidiaries, provides various financial services for individuals, families, and businesses. It offers checking and savings accounts, certificates of deposit, personal loans, lines of credit, debit and credit cards, deposit and payment solutions, and mobile wallet, as well as online banking and bill pay, mobile banking, and private banking services. The company also provides services for professionals, small businesses, agriculture sector, and non-profits and foundations. In addition, it offers home equity and lines of credit, and mortgage and refinancing services. Further, the company provides IRAs, employer-sponsored plans, 401k rollover, and employee stock ownership plans; and retirement planning, and retirement plan advisory services. Additionally, it offers financial and estate planning, education funding, trust and fiduciary, philanthropic giving, and investment management services, as well as retirement plans and IRA rollovers; and private banking services. The company was formerly known as First National Bank North Dakota and changed its name to Alerus Financial Corporation in 2000. Alerus Financial Corporation was founded in 1879 and is based in Grand Forks, North Dakota.

Industry, Sector and Symbol

Industry Regional Banks
Current SymbolOTCMKTS:ALRS
Phone(701) 795-3200



Sales & Book Value

Annual SalesN/A



Market Cap$370.47 million
Next Earnings DateN/A
OptionableNot Optionable

Receive ALRS News and Ratings via Email

Sign-up to receive the latest news and ratings for ALRS and its competitors with MarketBeat's FREE daily newsletter.

ALERUS FINL COR/SH (OTCMKTS:ALRS) Frequently Asked Questions

What is ALERUS FINL COR/SH's stock symbol?

ALERUS FINL COR/SH trades on the OTCMKTS under the ticker symbol "ALRS."

How often does ALERUS FINL COR/SH pay dividends? What is the dividend yield for ALERUS FINL COR/SH?

ALERUS FINL COR/SH announced a quarterly dividend on Monday, November 11th. Investors of record on Friday, December 20th will be given a dividend of $0.15 per share on Friday, January 10th. This represents a $0.60 annualized dividend and a yield of 2.76%. The ex-dividend date of this dividend is Thursday, December 19th. View ALERUS FINL COR/SH's Dividend History.

How were ALERUS FINL COR/SH's earnings last quarter?

ALERUS FINL COR/SH (OTCMKTS:ALRS) issued its earnings results on Tuesday, January, 28th. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.04. The firm had revenue of $54.89 million for the quarter, compared to analysts' expectations of $46.40 million. View ALERUS FINL COR/SH's Earnings History.

What price target have analysts set for ALRS?

3 equities research analysts have issued 1-year price targets for ALERUS FINL COR/SH's shares. Their forecasts range from $23.00 to $25.00. On average, they anticipate ALERUS FINL COR/SH's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 10.4% from the stock's current price. View Analyst Price Targets for ALERUS FINL COR/SH.

What is the consensus analysts' recommendation for ALERUS FINL COR/SH?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ALERUS FINL COR/SH in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for ALERUS FINL COR/SH.

Has ALERUS FINL COR/SH been receiving favorable news coverage?

News stories about ALRS stock have been trending neutral this week, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. ALERUS FINL COR/SH earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for ALERUS FINL COR/SH.

Who are some of ALERUS FINL COR/SH's key competitors?

What other stocks do shareholders of ALERUS FINL COR/SH own?

Who are ALERUS FINL COR/SH's key executives?

ALERUS FINL COR/SH's management team includes the folowing people:
  • Mr. Randy Louis Newman CFP, Chairman, Pres & CEO (Age 65)
  • Ms. Katie A. Lorenson, Exec. VP & CFO (Age 38)
  • Maria Biessener Duncan, Director of Operations
  • Mr. Sunil N. Swami, Chief Investment Officer (Age 62)
  • Mr. Jerrod Keith Hanson CPA, Accounting Officer and Controller

When does ALERUS FINL COR/SH's lock-up period expire?

ALERUS FINL COR/SH's lock-up period expires on Wednesday, March 11th. ALERUS FINL COR/SH had issued 2,860,000 shares in its public offering on September 13th. The total size of the offering was $60,060,000 based on an initial share price of $21.00. After the expiration of ALERUS FINL COR/SH's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Who are ALERUS FINL COR/SH's major shareholders?

ALERUS FINL COR/SH's stock is owned by many different of institutional and retail investors. Top institutional investors include Alerus Financial NA (11.71%), Goldman Sachs Group Inc. (1.83%), Eidelman Virant Capital (0.45%), Bank of New York Mellon Corp (0.30%), State Street Corp (0.17%) and Charles Schwab Investment Management Inc. (0.11%). Company insiders that own ALERUS FINL COR/SH stock include Katie A Lorenson, Kris Compton, Lloyd G Case and Randy L Newman. View Institutional Ownership Trends for ALERUS FINL COR/SH.

Which institutional investors are selling ALERUS FINL COR/SH stock?

ALRS stock was sold by a variety of institutional investors in the last quarter, including Penn Capital Management Co. Inc.. View Insider Buying and Selling for ALERUS FINL COR/SH.

Which institutional investors are buying ALERUS FINL COR/SH stock?

ALRS stock was purchased by a variety of institutional investors in the last quarter, including Alerus Financial NA, Eidelman Virant Capital, Bank of New York Mellon Corp, State Street Corp, Charles Schwab Investment Management Inc., Acadian Asset Management LLC, UBS Group AG and Barclays PLC. Company insiders that have bought ALERUS FINL COR/SH stock in the last two years include Katie A Lorenson, Kris Compton, Lloyd G Case and Randy L Newman. View Insider Buying and Selling for ALERUS FINL COR/SH.

How do I buy shares of ALERUS FINL COR/SH?

Shares of ALRS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is ALERUS FINL COR/SH's stock price today?

One share of ALRS stock can currently be purchased for approximately $21.73.

How big of a company is ALERUS FINL COR/SH?

ALERUS FINL COR/SH has a market capitalization of $370.47 million. ALERUS FINL COR/SH employs 797 workers across the globe.View Additional Information About ALERUS FINL COR/SH.

What is ALERUS FINL COR/SH's official website?

The official website for ALERUS FINL COR/SH is http://www.alerus.com/.

How can I contact ALERUS FINL COR/SH?

The company can be reached via phone at (701) 795-3200.

MarketBeat Community Rating for ALERUS FINL COR/SH (OTCMKTS ALRS)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  40 (Thanks for Voting!)
Underperform Votes:  54 (Thanks for Voting!)
Total Votes:  94
MarketBeat's community ratings are surveys of what our community members think about ALERUS FINL COR/SH and other stocks. Vote "Outperform" if you believe ALRS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ALRS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel