​

Alerus Financial (ALRS) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ALRS Stock Forecast

Alerus Financial (ALRS) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $23.50, with a high of $24.00 and a low of $23.00. This represents a 7.95% increase from the last price of $21.77.

$19 $20 $21 $22 $23 $24 High: $24 Avg: $23.5 Low: $23 Last Closed Price: $21.77

ALRS Stock Rating

Alerus Financial stock's rating consensus is Buy, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (50.00%), 2 Hold (50.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 4 0 2 2 Strong Sell Sell Hold Buy Strong Buy

ALRS Price Target Upside V Benchmarks

TypeNameUpside
StockAlerus Financial7.95%
SectorFinancial Services Stocks 3.45%
IndustryRegional Banks Stocks7.76%

Price Target Trends

1M3M12M
# Anlaysts--6
Avg Price Target--$23.17
Last Closing Price$21.77$21.77$21.77
Upside/Downside--6.43%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25113--5
Jan, 25113--5
Dec, 24113--5
Nov, 24114--6
Oct, 24114--6
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 31, 2024Nathan RacePiper Sandler$23.00$20.4012.75%5.65%
Sep 17, 2024Wallave William IVRaymond James$24.00$22.397.19%10.24%
Jul 29, 2024Nathan RacePiper Sandler$24.00$22.377.29%10.24%
May 16, 2024Jeffrey RulisD.A. Davidson$22.00$19.7411.45%1.06%
May 16, 2024Nathan RacePiper Sandler$22.50$19.6514.50%3.35%
Apr 29, 2024Nathan RacePiper Sandler$23.50$20.1016.92%7.95%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2024Piper SandlerNeutralNeutralhold
Sep 17, 2024Raymond JamesOutperformupgrade
Jul 29, 2024Piper SandlerNeutralNeutralhold
May 17, 2024Keefe, Bruyette & WoodsMarket PerformMarket Performhold
May 16, 2024Hovde GroupOutperformupgrade
Apr 29, 2024Piper SandlerNeutralNeutralhold

Financial Forecast

EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$2.57$3.02$2.12$0.58---
Avg Forecast$2.41$2.80$2.21$1.48$1.28$2.01$2.29
High Forecast$2.32$2.69$2.13$1.47$1.23$1.80$2.23
Low Forecast$2.50$2.91$2.27$1.50$1.32$2.23$2.35
Surprise %6.64%7.86%-4.07%-60.81%---

Revenue Forecast

$150M $180M $210M $240M $270M $300M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$228.18M$230.24M$208.77M$245.11M---
Avg Forecast$227.19M$231.93M$214.80M$182.33M$212.40M$270.74M$284.68M
High Forecast$220.42M$225.03M$208.91M$182.09M$212.15M$269.61M$282.15M
Low Forecast$233.75M$238.64M$219.61M$182.57M$212.65M$271.87M$287.22M
Surprise %0.44%-0.73%-2.81%34.43%---

Net Income Forecast

$5M $15M $25M $35M $45M $55M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$44.67M$52.68M$40.01M$11.70M---
Avg Forecast$34.68M$34.89M$36.61M$11.70M$25.65M$40.57M$46.11M
High Forecast$27.74M$27.91M$29.28M$9.36M$24.80M$36.22M$44.84M
Low Forecast$41.61M$41.87M$43.93M$14.04M$26.50M$44.91M$47.38M
Surprise %28.82%50.99%9.29%-0.04%---

ALRS Forecast FAQ

Is Alerus Financial stock a buy?

Alerus Financial stock has a consensus rating of Buy, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 2 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Alerus Financial is a favorable investment for most analysts.

What is Alerus Financial's price target?

Alerus Financial's price target, set by 4 Wall Street analysts, averages $23.5 over the next 12 months. The price target range spans from $23 at the low end to $24 at the high end, suggesting a potential 7.95% change from the previous closing price of $21.77.

How does Alerus Financial stock forecast compare to its benchmarks?

Alerus Financial's stock forecast shows a 7.95% upside, outperforming the average forecast for the financial services stocks sector (3.45%) and outperforming the regional banks stocks industry (7.76%).

What is the breakdown of analyst ratings for Alerus Financial over the past three months?

  • February 2025: 20.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • January 2025: 20.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 20.00% Strong Buy, 20.00% Buy, 60.00% Hold, 0% Sell, 0% Strong Sell.

What is Alerus Financial’s EPS forecast?

Alerus Financial's average annual EPS forecast for its fiscal year ending in December is $1.28 for 2024, a 120.69% increase from the reported $0.58 in 2023. The prediction for 2025 is $2.01, and $2.29 for 2026.

What is Alerus Financial’s revenue forecast?

Alerus Financial's average annual revenue forecast for its fiscal year ending in December is $212.4M for 2024, a -13.35% decrease from the reported $245.11M in 2023. The forecast for 2025 is $270.74M, and $284.68M for 2026.

What is Alerus Financial’s net income forecast?

For its fiscal year ending in December, Alerus Financial's average annual net income forecast is $25.65M for 2024, reflecting an 119.29% increase from the reported $11.7M in 2023. The projection for 2025 is $40.57M, and $46.11M for 2026.