Alerus Financial (ALRS) to Release Earnings on Monday

Alerus Financial (NASDAQ:ALRS - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Monday, April 28th. Analysts expect the company to announce earnings of $0.43 per share and revenue of $66.20 million for the quarter.

Alerus Financial (NASDAQ:ALRS - Get Free Report) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.28 by $0.16. Alerus Financial had a net margin of 6.26% and a return on equity of 7.66%. On average, analysts expect Alerus Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Alerus Financial Price Performance

Shares of ALRS traded up $0.65 during trading hours on Tuesday, reaching $17.39. The stock had a trading volume of 68,294 shares, compared to its average volume of 73,030. The stock has a market capitalization of $443.64 million, a PE ratio of 17.05 and a beta of 0.67. Alerus Financial has a 12 month low of $15.78 and a 12 month high of $24.41. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.85 and a current ratio of 0.85. The company's 50-day moving average is $18.56 and its two-hundred day moving average is $20.37.

Alerus Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Friday, March 14th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.60%. The ex-dividend date of this dividend was Friday, March 14th. Alerus Financial's dividend payout ratio (DPR) is currently 78.43%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ALRS shares. DA Davidson reissued a "neutral" rating and set a $23.00 target price on shares of Alerus Financial in a report on Thursday, January 30th. Piper Sandler increased their price objective on Alerus Financial from $21.00 to $24.00 and gave the company a "neutral" rating in a report on Thursday, January 30th. Finally, Raymond James reaffirmed an "outperform" rating and set a $24.00 target price (up from $22.00) on shares of Alerus Financial in a report on Thursday, January 30th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Alerus Financial presently has an average rating of "Hold" and a consensus price target of $23.40.

Alerus Financial 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.