NASDAQ:ALRS - Alerus Financial Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $21.00
  • Forecasted Upside: -28.81 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$29.50
▼ -1.22 (-3.97%)
1 month | 3 months | 12 months
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Analyst Price Target for ALRS

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$21.00
▼ -28.81% Downside Potential
This price target is based on 3 analysts offering 12 month price targets for Alerus Financial in the last 3 months. The average price target is $21.00, with a high forecast of $21.00 and a low forecast of $21.00. The average price target represents a -28.81% upside from the last price of $29.50.
Hold
The current consensus among 3 contributing investment analysts is to hold stock in Alerus Financial.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/28/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/24/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/22/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
1/20/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/21/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/30/2020DA DavidsonReiterated RatingNeutralHigh
i
Rating by J. Rulis at DA Davidson
9/23/2020Piper SandlerLower Price TargetNeutral$22.00 ➝ $21.00High
i
6/17/2020Raymond JamesDowngradeOutperform ➝ Market PerformHigh
i
10/9/2019DA DavidsonReiterated RatingNeutralLow
i
Rating by J. Rulis at DA Davidson
10/8/2019Piper Jaffray CompaniesInitiated CoverageNeutral$23.00Low
i
10/8/2019Raymond JamesInitiated CoverageOutperform$25.00Low
i
10/8/2019DA DavidsonInitiated CoverageNeutralLow
i
(Data available from 4/21/2016 forward)
Alerus Financial logo
Alerus Financial Corporation, through its subsidiary, Alerus Financial, National Association, provides various financial services to businesses and consumers. The company operates through four segments: Banking, Retirement and Benefit Services, Wealth Management, and Mortgage. It offers various deposit products, including demand deposits, checking accounts, interest-bearing transaction accounts, money market accounts, time and savings deposits, 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 through fourteen offices in North Dakota, Minnesota, and Arizona; and retirement and benefit plans in 50 states 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.
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Today's Range

Now: $29.50
$29.16
$30.47

50 Day Range

MA: $31.35
$29.00
$34.25

52 Week Range

Now: $29.50
$15.44
$34.70

Volume

22,682 shs

Average Volume

32,002 shs

Market Capitalization

$512.15 million

P/E Ratio

12.45

Dividend Yield

1.95%

Beta

0.81

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: DA Davidson, Piper Sandler, Raymond James, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for ALRS.

What is the current price target for Alerus Financial?

1 Wall Street analysts have set twelve-month price targets for Alerus Financial in the last year. Their average twelve-month price target is $21.00, suggesting a possible downside of 30.0%. Piper Sandler 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 $21.00 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 3 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?

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.