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Alerus Financial Corp (ALRS)

NASDAQ
Currency in USD
20.12
-0.11(-0.54%)
Closed
After Hours
20.120.00(0.00%)
ALRS Scorecard
Full Analysis
Has raised its dividend for 19 consecutive years
Fair Value
Day's Range
20.0120.56
52 wk Range
17.3525.85
Prev. Close
20.23
Open
20.32
Day's Range
20.01-20.56
52 wk Range
17.35-25.85
Volume
79,691
Average Volume (3m)
69,998
1-Year Change
11.72%
Book Value / Share
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Fair Value
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Fair Value Upside
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ALRS Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
22.80
Upside
+13.32%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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InvestingPro Research for Alerus Financial Corp


Strategic Expansion
Alerus Financial's acquisition of HMN Financial marks a significant move into the Rochester, Minnesota market, promising substantial growth opportunities
Financial Projections
The merger is expected to boost earnings per share by 45% upon full integration, with a tangible book value dilution earn-back period of about 2.2 years
Market Sentiment
Analysts maintain a "Market Perform" rating on ALRS stock, with a price target of $22.00, reflecting cautious optimism about the acquisition's long-term potential
Integration Challenges
Success hinges on effective merging of corporate cultures and leveraging synergies, crucial for realizing projected benefits and maximizing shareholder value
Read full SWOT analysis

Alerus Financial Corp Company Profile

Alerus Financial Corporation operates as the bank holding company for Alerus Financial, National Association that engages in the provision of various financial services to businesses and consumers. The company operates in four segments: Banking, Mortgage, Retirement and Benefit Services, and Wealth Management. It offers various deposit products, including demand deposits, interest-bearing transaction accounts, money market accounts, time and savings deposits, checking accounts, and certificates of deposit; and treasury management products, including electronic receivables management, remote deposit capture, cash vault services, merchant services, and other cash management services. The company also provides commercial loans, business term loans, lines of credit, and commercial real estate loans, as well as construction and land development loans; consumer lending products, including residential first mortgage loans; installment loans and lines of credit; and second mortgage loans. In addition, it offers retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, health savings accounts, and other benefit services, as well as individual retirement accounts; and financial planning, investment management, personal and corporate trust, estate administration, and custody services. Further, the company provides debit and credit cards, online banking, mobile banking/wallet, payment, private banking, payroll accounts, flex spending accounts, administration, and government health insurance program services. It offers banking services in North Dakota, Minnesota, and Arizona; and retirement and benefit plans through offices located in Michigan, Minnesota, and Colorado. 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 headquartered in Grand Forks, North Dakota.

Sector
Financial
Employees
732

Compare ALRS to Peers and Sector

Metrics to compare
ALRS
Peers
Sector
Relationship
P/E Ratio
160.3x9.3x8.7x
PEG Ratio
−1.800.150.03
Price/Book
1.3x1.1x1.0x
Price / LTM Sales
3.1x2.6x2.7x
Upside (Analyst Target)
14.3%48.7%13.7%
Fair Value Upside
Unlock13.6%2.6%Unlock

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FAQ

What Is the Alerus Fin (ALRS) Stock Price Today?

The Alerus Fin stock price today is 20.12

What Stock Exchange Does Alerus Fin Trade On?

Alerus Fin is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for Alerus Fin?

The stock symbol for Alerus Fin is "ALRS."

Does Alerus Fin Pay Dividends? What’s The Current Dividend Yield?

The dividend yield is 3.98%.

What Is the Alerus Fin Market Cap?

As of today, Alerus Fin market cap is 509.81M.

What is Alerus Fin Earnings Per Share?

The Alerus Fin EPS is 0.157.

What Is the Next Alerus Fin Earnings Date?

Alerus Fin will release its next earnings report on Jan 22, 2025.

From a Technical Analysis Perspective, Is ALRS a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Sell.
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