Alerus Financial (ALRS) Projected to Post Earnings on Monday

Alerus Financial (NASDAQ:ALRS) is expected to be announcing its Q1 2025 earnings results 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) last issued its quarterly earnings results on Tuesday, January 28th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.16. Alerus Financial had a return on equity of 7.66% and a net margin of 6.26%. 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 NASDAQ:ALRS opened at $17.72 on Friday. Alerus Financial has a 1-year low of $15.78 and a 1-year high of $24.41. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $18.33 and its 200-day moving average is $20.27. The firm has a market capitalization of $452.05 million, a PE ratio of 17.37 and a beta of 0.67.

Alerus Financial Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Friday, March 14th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.51%. The ex-dividend date of this dividend was Friday, March 14th. Alerus Financial’s dividend payout ratio is 78.43%.

Wall Street Analyst Weigh In

ALRS has been the subject of a number of analyst reports. Raymond James restated an “outperform” rating and set a $24.00 price target (up from $22.00) on shares of Alerus Financial in a research report on Thursday, January 30th. DA Davidson restated a “neutral” rating and issued a $23.00 target price on shares of Alerus Financial in a research note on Thursday, January 30th. Finally, Piper Sandler upped their price target on shares of Alerus Financial from $21.00 to $24.00 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $23.40.

About Alerus Financial

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.