OTCMKTS:ALRSALERUS FINL COR/SH Stock Price, Forecast & News

$18.56

+0.15 (+0.81 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$18.37

Now: $18.56▼

$18.75

50-Day Range

$15.76

MA: $17.00▼

$18.41

52-Week Range

$15.05

Now: $18.56▼

$24.00

Volume15,198 shs

Average Volume26,476 shs

Market Capitalization$317.49 million

P/E RatioN/A

Dividend Yield3.26%

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.

Beat the Market (BTM) Rank^™

3.2 Analyst's Opinion

Consensus Rating
ALERUS FINL COR/SH has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $24.00, ALERUS FINL COR/SH has a potential upside of 29.3% from its current price of $18.56.
Amount of Analyst Coverage
ALERUS FINL COR/SH has received no research coverage in the past 90 days.

2.0 Community Rank

Outperform Votes
ALERUS FINL COR/SH has received 42 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
ALERUS FINL COR/SH has received 61 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
ALERUS FINL COR/SH has received 59.22% “underperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
ALERUS FINL COR/SH is a leading dividend payer. It pays a dividend yield of 3.26%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
ALERUS FINL COR/SH does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, ALERUS FINL COR/SH insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.37 out of 5 stars

Industry, Sector and Symbol

Stock Exchange OTCMKTS

Industry Regional Banks

Sub-IndustryN/A

SectorFinance

Current SymbolOTCMKTS:ALRS

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.alerus.com

Phone(701) 795-3200

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees797

Outstanding Shares17,106,000

Market Cap$317.49 million

Next Earnings DateN/A

OptionableNot Optionable

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

How has ALERUS FINL COR/SH's stock been impacted by COVID-19 (Coronavirus)?

ALERUS FINL COR/SH's stock was trading at $17.21 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ALRS shares have increased by 7.8% and is now trading at $18.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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.

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

ALERUS FINL COR/SH (OTCMKTS:ALRS) posted its earnings results on Tuesday, April, 28th. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.02. The business had revenue of $46.03 million for the quarter, compared to the consensus estimate of $44.67 million. View ALERUS FINL COR/SH's earnings history.

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

ALERUS FINL COR/SH declared a quarterly dividend on Thursday, May 14th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.15 per share on Friday, July 10th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend is Friday, June 12th. View ALERUS FINL COR/SH's dividend history.

What price target have analysts set for ALRS?

3 brokers have issued twelve-month target prices 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 29.3% from the stock's current price. View analysts' price targets for ALERUS FINL COR/SH.

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

Press coverage about ALRS stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. ALERUS FINL COR/SH earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the near term. View the latest news aboutALERUS FINL COR/SH.

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

Some companies that are related to ALERUS FINL COR/SH include Banca Monte dei Paschi di Siena (BMDPF), Century Financial Corp PA (CYFL), CMNTY BK BAY OA/SH SH (CBYAA), DAVIS JEFF BANC/SH (JDVB), DELHI BK CORP/SH (DWNX), ELMER BANCORP I/SH (ELMA), First Bankers Trustshares (FBTT), Grupo Financiero Banorte SAB de CV (GBOOF), Heritage NOLA Bancorp (HRGG), JOHN MARSHALL B/SH SH (JMSB), JONESTOWN BK &/SH (JNES), KBC Groep (KBCSF), PIRAEUS Bk S A/ADR (BPIRD) and ZIONS 6.95% FIX TO FLO RATE SUB NTS (ZBK). View all 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 Marathon Petroleum (MPC), Verizon Communications (VZ), AbbVie (ABBV), Amplify Energy (AMPY), Amplify Energy (AMPY), Algonquin Power & Utilities (AQN), BCE (BCE), Bloom Energy (BE), Franklin Resources (BEN) and Bank of Nova Scotia (BNS).

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

ALERUS FINL COR/SH's management team includes the following 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

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

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

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

ALERUS FINL COR/SH's stock is owned by many different institutional and retail investors. Top institutional investors include Alerus Financial NA (11.75%), M3F Inc. (2.83%), BlackRock Inc. (0.96%), Alliancebernstein L.P. (0.95%), John W. Rosenthal Capital Management Inc. (0.70%) and State Street Corp (0.38%). 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 Eidelman Virant Capital, Alliancebernstein L.P., Bank of New York Mellon Corp, and UBS Group AG. View insider buying and selling activity for ALERUS FINL COR/SH.

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

ALRS stock was acquired by a variety of institutional investors in the last quarter, including M3F Inc., BlackRock Inc., State Street Corp, Alerus Financial NA, Penn Capital Management Co. Inc., Bell Bank, Acadian Asset Management LLC, and Geode Capital Management LLC. 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 activity 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 $18.56.

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

ALERUS FINL COR/SH has a market capitalization of $317.49 million. ALERUS FINL COR/SH employs 797 workers across the globe.

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

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

How can I contact ALERUS FINL COR/SH?

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

This page was last updated on 5/29/2020 by MarketBeat.com Staff