Alerus Financial (ALRS) Projected to Post Earnings on Wednesday

Alerus Financial (NASDAQ:ALRS) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 23rd. Analysts expect Alerus Financial to post earnings of $0.56 per share and revenue of $69.96 million for the quarter.

Alerus Financial (NASDAQ:ALRS) last announced its quarterly earnings results on Monday, April 28th. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.13. The business had revenue of $68.79 million during the quarter, compared to analyst estimates of $66.20 million. Alerus Financial had a return on equity of 8.32% and a net margin of 7.81%. 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 Trading Down 3.3%

Shares of NASDAQ ALRS opened at $21.82 on Wednesday. The business has a 50 day simple moving average of $21.65 and a 200 day simple moving average of $20.07. Alerus Financial has a 52 week low of $15.78 and a 52 week high of $24.41. The stock has a market cap of $553.57 million, a price-to-earnings ratio of 17.89 and a beta of 0.70. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.87 and a current ratio of 0.87.

Alerus Financial Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, June 27th were given a $0.21 dividend. This represents a $0.84 annualized dividend and a yield of 3.85%. This is an increase from Alerus Financial’s previous quarterly dividend of $0.20. The ex-dividend date was Friday, June 27th. Alerus Financial’s payout ratio is currently 68.85%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ALRS shares. Piper Sandler raised their price target on shares of Alerus Financial from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Friday, May 2nd. Keefe, Bruyette & Woods increased their target price on shares of Alerus Financial from $21.00 to $22.00 and gave the stock a “market perform” rating in a research report on Wednesday, April 30th.

Hedge Funds Weigh In On Alerus Financial

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in shares of Alerus Financial in the first quarter valued at about $441,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Alerus Financial by 4.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,420 shares of the company’s stock valued at $248,000 after purchasing an additional 546 shares during the period. Finally, AQR Capital Management LLC acquired a new stake in Alerus Financial in the 1st quarter valued at approximately $1,195,000. Institutional investors and hedge funds own 51.25% of the company’s stock.

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.