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Alerus Financial - ALRS Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $19.50
  • Forecasted Upside: 19.78%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$16.28 As of 03/24/2023 01:00 AM ET
▲ +0.12 (0.74%)

This chart shows the closing price for ALRS by one month, three months, or twelve months.

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Analyst Price Target for ALRS

Analyst Price Target is $19.50
▲ +19.78% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Alerus Financial in the last 3 months. The average price target is $19.50, with a high forecast of $21.00 and a low forecast of $18.00. The average price target represents a 19.78% upside from the last price of $16.28.

This chart shows the closing price for ALRS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 2 contributing investment analysts is to hold stock in Alerus Financial.

Past Monthly Recommendations

Move your mouse over past months for details

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  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/2/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/31/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/31/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/29/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/27/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/26/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
2/24/2023
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2023

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/15/2023Piper SandlerLower Target$22.00 ➝ $18.00Low
1/27/2023Raymond JamesInitiated CoverageMarket PerformLow
1/26/2023Hovde GroupDowngradeOutperform ➝ Market Perform$21.00Low
11/1/2022Piper SandlerBoost Target$25.00N/A
11/1/2022Hovde GroupLower Target$27.00N/A
9/29/2022Piper SandlerLower Target$24.00Low
7/29/2022Hovde GroupUpgradeMarket Perform ➝ Outperform$27.00 ➝ $28.00Low
5/18/2022Hovde GroupInitiated CoverageMarket Perform$29.00Medium
10/30/2020DA DavidsonReiterated RatingNeutralHigh
9/23/2020Piper SandlerLower TargetNeutral$22.00 ➝ $21.00High
6/17/2020Raymond JamesDowngradeOutperform ➝ Market PerformHigh
10/9/2019DA DavidsonReiterated RatingNeutralLow
10/8/2019Piper Jaffray CompaniesInitiated CoverageNeutral$23.00Low
10/8/2019Raymond JamesInitiated CoverageOutperform$25.00Low
10/8/2019DA DavidsonInitiated CoverageNeutralLow
(Data available from 3/26/2018 forward)

News Sentiment Rating

0.46 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 2 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
10/27/2022
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 4 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
2/24/2023
  • 2 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 2 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Alerus Financial logo
Alerus Financial Corp. engages in the provision of business and consumer financial products and services through its subsidiary, Alerus Financial NA. It operates through the following segments: Banking, Retirement & Benefit Services, Wealth Management, Mortgage, and Corporate Administration. The Banking segment provides lending and deposit products. The Retirement & Benefit Services segment consists of retirement plan administration and investment advisory services, employee stock ownership plan, fiduciary services, payroll, HSA, and other benefit services. The Wealth Management segment offers fiduciary services to consumer and commercial clients, including financial planning, investment management, personal and corporate trust services, estate administration, and custody services. The Mortgage segment includes first and second mortgage loans through a centralized mortgage unit. The Corporate Administration segment covers indirect overhead allocations and income tax expense. The was company founded in 1879 and is headquartered in Grand Folks, ND.
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Today's Range

Now: $16.28
Low: $15.88
High: $16.42

50 Day Range

MA: $19.70
Low: $16.16
High: $23.55

52 Week Range

Now: $16.28
Low: $15.76
High: $29.19

Volume

98,048 shs

Average Volume

51,969 shs

Market Capitalization

$326.58 million

P/E Ratio

7.79

Dividend Yield

4.46%

Beta

0.62

Frequently Asked Questions

What sell-side analysts currently cover shares of Alerus Financial?

The following Wall Street research analysts have issued research reports on Alerus Financial in the last year: Hovde Group, Piper Sandler, Raymond James, and TheStreet.
View the latest analyst ratings for ALRS.

What is the current price target for Alerus Financial?

2 Wall Street analysts have set twelve-month price targets for Alerus Financial in the last year. Their average twelve-month price target is $19.50, suggesting a possible upside of 19.8%. Hovde Group has the highest price target set, predicting ALRS will reach $21.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $18.00 for Alerus Financial in the next year.
View the latest price targets for ALRS.

What is the current consensus analyst rating for Alerus Financial?

Alerus Financial currently has 2 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ALRS, but not buy more shares or sell existing shares.
View the latest ratings for ALRS.

What other companies compete with Alerus Financial?

Other companies that are similar to Alerus Financial include Guaranty Bancshares, American National Bankshares, Carter Bankshares, First of Long Island and Financial Institutions. Learn More about companies similar to Alerus Financial.

How do I contact Alerus Financial's investor relations team?

Alerus Financial's physical mailing address is 401 DEMERS AVE, GRAND FORKS ND, 58201. The company's listed phone number is (701) 795-3200. The official website for Alerus Financial is www.alerus.com. Learn More about contacing Alerus Financial investor relations.