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

$22.83
+0.18 (+0.79 %)
(As of 12/15/2019 02:24 AM ET)
Today's Range
$22.52
Now: $22.83
$22.95
50-Day Range
$21.30
MA: $21.81
$22.83
52-Week Range
$18.70
Now: $22.83
$24.00
Volume60,796 shs
Average Volume9,570 shs
Market Capitalization$389.23 million
P/E RatioN/A
Dividend Yield2.47%
BetaN/A
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
Sub-IndustryN/A
SectorFinance
Current SymbolOTCMKTS:ALRS
CUSIPN/A
CIKN/A
Phone(701) 795-3200

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees797
Market Cap$389.23 million
Next Earnings DateN/A
OptionableNot Optionable

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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 dividend on Monday, November 11th. Investors of record on Friday, December 20th will be paid a dividend of $0.15 per share on Friday, January 10th. The ex-dividend date 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) announced its quarterly earnings data on Thursday, October, 24th. The company reported $0.48 EPS for the quarter, hitting analysts' consensus estimates of $0.48. The business earned $48.26 million during the quarter, compared to the consensus estimate of $47.45 million. View ALERUS FINL COR/SH's Earnings History.

What price target have analysts set for ALRS?

3 analysts have issued 12 month target prices for ALERUS FINL COR/SH's shares. Their forecasts range from $23.00 to $25.00. On average, they expect ALERUS FINL COR/SH's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 5.1% 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?

Media coverage about ALRS stock has trended negative on Sunday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. ALERUS FINL COR/SH earned a daily sentiment score of -2.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future. 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other ALERUS FINL COR/SH investors own include Bloom Energy (BE), BHP Group (BHP), Aerojet Rocketdyne (AJRD), Titan Machinery (TITN), Newmark Group (NMRK), Myokardia (MYOK), Cheniere Energy, Inc. (NYSEAMERICAN) (LNG), Kratos Defense & Security Solutions (KTOS), Cintas (CTAS) and Aemetis (AMTX).

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 IPO on September 13th. The total size of the offering was $60,060,000 based on an initial share price of $21.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the expiration of the lock-up period.

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

ALERUS FINL COR/SH's stock is owned by a number of of retail and institutional investors. Top institutional investors include Stifel Financial Corp (0.41%), Stilwell Value LLC (0.21%), First Allied Advisory Services Inc. (0.17%), Lafayette Investments Inc. (0.12%), Dean Capital Investments Management LLC (0.08%) and Millennium Management LLC (0.05%). 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 buying ALERUS FINL COR/SH stock?

ALRS stock was bought by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Stilwell Value LLC, First Allied Advisory Services Inc., Lafayette Investments Inc., Dean Capital Investments Management LLC, Millennium Management LLC and BW Gestao de Investimentos Ltda.. 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 $22.83.

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

ALERUS FINL COR/SH has a market capitalization of $389.23 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:  35 (Vote Outperform)
Underperform Votes:  47 (Vote Underperform)
Total Votes:  82
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 12/15/2019 by MarketBeat.com Staff

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