Alerus Financial (ALRS) Expected to Announce Quarterly Earnings on Monday

Alerus Financial (NASDAQ:ALRS) is anticipated to release its Q1 2025 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) last issued its earnings results on Tuesday, January 28th. The company reported $0.44 earnings per share (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 Stock Performance

ALRS opened at $17.72 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.15. Alerus Financial has a 12-month low of $15.78 and a 12-month high of $24.41. The business has a 50 day moving average of $18.33 and a 200-day moving average of $20.27. The stock has a market cap of $452.05 million, a price-to-earnings ratio of 17.37 and a beta of 0.67.

Alerus Financial Dividend Announcement

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

Analyst Upgrades and Downgrades

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